Chief Compliance Officer

0001140361-14-030291.txt : 20140801 0001140361-14-030291.hdr.sgml : 20140801 20140731192756 ACCESSION NUMBER: 0001140361-14-030291 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140630 FILED AS OF DATE: 20140801 DATE AS OF CHANGE: 20140731 EFFECTIVENESS DATE: 20140801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Baker Ellis Asset Management LLC CENTRAL INDEX KEY: 0001365559 IRS NUMBER: 752997594 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12091 FILM NUMBER: 141007674 BUSINESS ADDRESS: STREET 1: 1231 NW HOYT STREET STREET 2: SUITE 306 CITY: PORTLAND STATE: OR ZIP: 97204 BUSINESS PHONE: 503-227-5778 MAIL ADDRESS: STREET 1: 1231 NW HOYT STREET STREET 2: SUITE 306 CITY: PORTLAND STATE: OR ZIP: 97204 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001365559 XXXXXXXX 06-30-2014 06-30-2014 Baker Ellis Asset Management LLC

1231 NW Hoyt Street SUITE 306 PORTLAND OR 97204

13F HOLDINGS REPORT 028-12091 N Barnes Ellis Chief Compliance Officer 503-227-5778 /s/ Barnes Ellis Portland OR 07-29-2014 0 261 293731 false INFORMATION TABLE 2 form13fInfoTable.xml 3M Company COMMON STOCK 88579Y101 464 3238 SH SOLE NONE 3238 0 0 Abbott Laboratories COMMON STOCK 002824100 1735 42424 SH SOLE NONE 42424 0 0 AbbVie Inc. COMMON STOCK 00287Y109 1472 26082 SH SOLE NONE 26082 0 0 Aberdeen Asia-Pacific Income F ETF/ETN 003009107 268 42737 SH SOLE NONE 42737 0 0 ABM Industries COMMON STOCK 000957100 130 4800 SH SOLE NONE 4800 0 0 Accenture COMMON STOCK G1151C101 183 2267 SH SOLE NONE 2267 0 0 Aetna Inc COMMON STOCK 00817Y108 162 2000 SH SOLE NONE 2000 0 0 AGL Resources COMMON STOCK 654086107 1068 19409 SH SOLE NONE 19409 0 0 Alaska Air Group COMMON STOCK 011659109 238 2500 SH SOLE NONE 2500 0 0 Alexander & Baldwin COMMON STOCK 014491104 644 15539 SH SOLE NONE 15539 0 0 Altria Group COMMON STOCK 718154107 157 3732 SH SOLE NONE 3732 0 0 American Express COMMON STOCK 025816109 1337 14095 SH SOLE NONE 14095 0 0 AmerisourceBergen Corp COMMON STOCK 03073E105 3657 50328 SH SOLE NONE 50328 0 0 Amgen Inc COMMON STOCK 031162100 152 1287 SH SOLE NONE 1287 0 0 AmREIT, Inc. REIT 03216B208 192 10500 SH SOLE NONE 10500 0 0 Anadarko Pete Corp COMMON STOCK 032511107 341 3114 SH SOLE NONE 3114 0 0 Anheuser-Busch InBev COMMON STOCK 035229103 155 1350 SH SOLE NONE 1350 0 0 Apollo Commercial Real Estate REIT 03762U105 697 42250 SH SOLE NONE 42250 0 0 Apple Computer COMMON STOCK 037833100 593 6381 SH SOLE NONE 6381 0 0 AptarGroup Inc COMMON STOCK 038336103 101 1500 SH SOLE NONE 1500 0 0 Archer Daniels Midland COMMON STOCK 039483102 457 10355 SH SOLE NONE 10355 0 0 AT&T COMMON STOCK 00206R102 342 9674 SH SOLE NONE 9674 0 0 Automatic Data Processing COMMON STOCK 053015103 476 6000 SH SOLE NONE 6000 0 0 Avista Corp. COMMON STOCK 05379B107 406 12110 SH SOLE NONE 12110 0 0 Ball Corp COMMON STOCK 058498106 2048 32673 SH SOLE NONE 32673 0 0 Bank of America COMMON STOCK 060505104 185 12018 SH SOLE NONE 12018 0 0 Bank of New York Mellon COMMON STOCK 064058100 1822 48606 SH SOLE NONE 48606 0 0 Bank of Nova Scotia COMMON STOCK 064149107 1356 20358 SH SOLE NONE 20358 0 0 Baxter International COMMON STOCK 071813109 177 2455 SH SOLE NONE 2455 0 0 BCE COMMON STOCK 05534B760 254 5600 SH SOLE NONE 5600 0 0 Berkshire Hathaway Cl A COMMON STOCK 084670108 3608 19 SH SOLE NONE 19 0 0 Berkshire Hathaway Cl B COMMON STOCK 084670702 8271 65352 SH SOLE NONE 65352 0 0 Boeing COMMON STOCK 097023105 444 3487 SH SOLE NONE 3487 0 0 BP p.l.c. COMMON STOCK 055622104 559 10600 SH SOLE NONE 10600 0 0 Bristol Myers Squibb COMMON STOCK 110122108 1633 33653 SH SOLE NONE 33653 0 0 Brixmor Property Group Inc. REIT 11120U105 730 31825 SH SOLE NONE 31825 0 0 Broadridge Financial Solutions COMMON STOCK 11133T103 271 6500 SH SOLE NONE 6500 0 0 Campbell Soup Company COMMON STOCK 134429109 338 7382 SH SOLE NONE 7382 0 0 Canadian Currency Tst ETF/ETN 23129X105 144 1550 SH SOLE NONE 1550 0 0 Canadian Natl Ry Co COMMON STOCK 136375102 473 7282 SH SOLE NONE 7282 0 0 Caterpillar COMMON STOCK 149123101 105 965 SH SOLE NONE 965 0 0 Cenovus Energy Inc Com Npv COMMON STOCK 15135U109 423 13071 SH SOLE NONE 13071 0 0 ChevronTexaco COMMON STOCK 166764100 2014 15430 SH SOLE NONE 15430 0 0 Clorox Company COMMON STOCK 189054109 689 7537 SH SOLE NONE 7537 0 0 Coca Cola Enterprises Inc COMMON STOCK 191219104 423 8845 SH SOLE NONE 8845 0 0 Coca-Cola Bottling COMMON STOCK 191098102 116 1575 SH SOLE NONE 1575 0 0 Coca-Cola Company COMMON STOCK 191216100 923 21792 SH SOLE NONE 21792 0 0 Comcast Corporation COMMON STOCK 20030N101 1182 22017 SH SOLE NONE 22017 0 0 Conoco Phillips COMMON STOCK 718507106 234 2730 SH SOLE NONE 2730 0 0 Cooper International Corp. COMMON STOCK 216640102 342 5052 SH SOLE NONE 5052 0 0 Corning Inc COMMON STOCK 219350105 134 6100 SH SOLE NONE 6100 0 0 Costco Wholesale COMMON STOCK 22160K105 792 6880 SH SOLE NONE 6880 0 0 Deere & Company COMMON STOCK 244199105 657 7258 SH SOLE NONE 7258 0 0 Devon Energy Corp COMMON STOCK 25179M103 206 2600 SH SOLE NONE 2600 0 0 Diageo PLC COMMON STOCK 25243Q205 240 1885 SH SOLE NONE 1885 0 0 Dominion Resources COMMON STOCK 25746U109 782 10927 SH SOLE NONE 10927 0 0 Dover Corp COMMON STOCK 260003108 278 3054 SH SOLE NONE 3054 0 0 Dover Downs Gaming & Entmt Inc COMMON STOCK 260095104 19 13700 SH SOLE NONE 13700 0 0 Du Pont COMMON STOCK 263534109 2441 37300 SH SOLE NONE 37300 0 0 Duke Energy COMMON STOCK 264399106 192 2588 SH SOLE NONE 2588 0 0 Einstein Noah Restaurant COMMON STOCK 28257U104 247 15350 SH SOLE NONE 15350 0 0 Enbridge Inc COMMON STOCK 29250N105 109 2300 SH SOLE NONE 2300 0 0 Encana COMMON STOCK 292505104 218 9176 SH SOLE NONE 9176 0 0 Ensco PLC COMMON STOCK G3157S106 2273 40908 SH SOLE NONE 40908 0 0 EOG Resources COMMON STOCK 26875P101 122 1044 SH SOLE NONE 1044 0 0 Equity Residential REIT 29476L107 236 3750 SH SOLE NONE 3750 0 0 Era Group Inc. COMMON STOCK 26885G109 287 10006 SH SOLE NONE 10006 0 0 ETFS Physical Platinum Shares ETF/ETN 26922V101 159 1100 SH SOLE NONE 1100 0 0 Exelis Inc COMMON STOCK 30162A108 270 15873 SH SOLE NONE 15873 0 0 Express Scripts Holding Co. COMMON STOCK 302182100 118 1705 SH SOLE NONE 1705 0 0 Exxon Mobil COMMON STOCK 30231G102 1729 17177 SH SOLE NONE 17177 0 0 Facebook Inc COMMON STOCK 30303M102 155 2300 SH SOLE NONE 2300 0 0 Fedex Corp COMMON STOCK 31428X106 742 4900 SH SOLE NONE 4900 0 0 Firstenergy Corp COMMON STOCK 337932107 111 3200 SH SOLE NONE 3200 0 0 Fiserv Inc COMMON STOCK 337733108 241 4000 SH SOLE NONE 4000 0 0 Fomento Economico Mexicano COMMON STOCK 344419106 2091 22327 SH SOLE NONE 22327 0 0 Ford Motor COMMON STOCK 345370860 744 43131 SH SOLE NONE 43131 0 0 Fourstar Group COMMON STOCK 346233109 308 16150 SH SOLE NONE 16150 0 0 Fresh Del Monte Produce COMMON STOCK G36738105 2371 77369 SH SOLE NONE 77369 0 0 General Electric COMMON STOCK 369604103 409 15568 SH SOLE NONE 15568 0 0 General Mills COMMON STOCK 370334104 5760 109640 SH SOLE NONE 109640 0 0 General Motors COMMON STOCK 37045V100 474 13050 SH SOLE NONE 13050 0 0 Genuine Parts COMMON STOCK 372460105 1404 15992 SH SOLE NONE 15992 0 0 GlaxoSmithKline Plc Adr COMMON STOCK 37733W105 160 3000 SH SOLE NONE 3000 0 0 Google Inc Cl A COMMON STOCK 38259P508 552 944 SH SOLE NONE 944 0 0 Google Inc Class C COMMON STOCK 38259P706 487 846 SH SOLE NONE 846 0 0 Halliburton COMMON STOCK 406216101 1779 25050 SH SOLE NONE 25050 0 0 Hasbro COMMON STOCK 418056107 164 3100 SH SOLE NONE 3100 0 0 Health Care Property COMMON STOCK 40414L109 143 3447 SH SOLE NONE 3447 0 0 Helmerich & Payne COMMON STOCK 423452101 894 7700 SH SOLE NONE 7700 0 0 Hersha Hospitality COMMON STOCK 427825104 401 59700 SH SOLE NONE 59700 0 0 Hershey Co COMMON STOCK 427866108 117 1200 SH SOLE NONE 1200 0 0 Home Depot COMMON STOCK 437076102 554 6846 SH SOLE NONE 6846 0 0 Honda Motors COMMON STOCK 438128308 888 25380 SH SOLE NONE 25380 0 0 Honeywell Intl. COMMON STOCK 438516106 1232 13256 SH SOLE NONE 13256 0 0 Hospira Inc COMMON STOCK 441060100 175 3400 SH SOLE NONE 3400 0 0 Hubbell Inc Cl A COMMON STOCK 443510102 374 3000 SH SOLE NONE 3000 0 0 Humana Inc. COMMON STOCK 444859102 483 3782 SH SOLE NONE 3782 0 0 Imperial Oil Ltd. COMMON STOCK 453038408 2088 39669 SH SOLE NONE 39669 0 0 Ingersoll-Rand Plc Shs COMMON STOCK G47791101 159 2550 SH SOLE NONE 2550 0 0 Ingles Markets, Inc. COMMON STOCK 457030104 1956 74237 SH SOLE NONE 74237 0 0 Ingram Micro Inc COMMON STOCK 457153104 394 13500 SH SOLE NONE 13500 0 0 International Business Machine COMMON STOCK 459200101 520 2868 SH SOLE NONE 2868 0 0 Intl Paper Co. COMMON STOCK 460146103 3658 72473 SH SOLE NONE 72473 0 0 Investors Title COMMON STOCK 461804106 586 8700 SH SOLE NONE 8700 0 0 iShares DJ US Oil Equip & Svcs ETF/ETN 464288844 590 7610 SH SOLE NONE 7610 0 0 iShares Global Telecom Fd ETF/ETN 464287275 1345 21329 SH SOLE NONE 21329 0 0 iShares Hong Kong Index Fd ETF/ETN 464286871 212 10150 SH SOLE NONE 10150 0 0 iShares Inc Msci Switzerland I ETF/ETN 464286749 113 3300 SH SOLE NONE 3300 0 0 iShares MSCI All Country World ETF/ETN 464286525 772 11560 SH SOLE NONE 11560 0 0 iShares Msci Germany Index Fd ETF/ETN 464286806 273 8736 SH SOLE NONE 8736 0 0 iShares MSCI South Korea Index ETF/ETN 464286772 374 5750 SH SOLE NONE 5750 0 0 iShares Russell 1000 ETF/ETN 464287622 121 1096 SH SOLE NONE 1096 0 0 iShares Russell 1000 Value Ind ETF/ETN 464287598 172 1694 SH SOLE NONE 1694 0 0 iShares Russell Midcap Index ETF/ETN 464287499 212 1303 SH SOLE NONE 1303 0 0 iShares Russell Midcap Value I ETF/ETN 464287473 302 4164 SH SOLE NONE 4164 0 0 iShares Singapore Index Fd ETF/ETN 464286673 5053 373731 SH SOLE NONE 373731 0 0 iShares Taiwan Index Fd ETF/ETN 464286731 250 15851 SH SOLE NONE 15851 0 0 ITT Corporation COMMON STOCK 450911102 2026 42116 SH SOLE NONE 42116 0 0 J P Morgan Chase COMMON STOCK 46625H100 594 10305 SH SOLE NONE 10305 0 0 JM Smucker COMMON STOCK 832696405 322 3025 SH SOLE NONE 3025 0 0 John Bean Technologies COMMON STOCK 477839104 2001 64582 SH SOLE NONE 64582 0 0 Johnson & Johnson COMMON STOCK 478160104 2980 28481 SH SOLE NONE 28481 0 0 Kellogg COMMON STOCK 487836108 191 2900 SH SOLE NONE 2900 0 0 Kimberly Clark COMMON STOCK 494368103 1765 15867 SH SOLE NONE 15867 0 0 Kraft Foods Group COMMON STOCK 50076Q106 202 3367 SH SOLE NONE 3367 0 0 Kroger COMMON STOCK 501044101 7944 160720 SH SOLE NONE 160720 0 0 Laboratory Corp of America Hol COMMON STOCK 50540R409 420 4100 SH SOLE NONE 4100 0 0 Liberty Global Inc Com Ser C COMMON STOCK 530555309 173 4100 SH SOLE NONE 4100 0 0 Liberty Global Inc. COMMON STOCK G5480U104 181 4100 SH SOLE NONE 4100 0 0 Macy's Inc COMMON STOCK 55616P104 174 3000 SH SOLE NONE 3000 0 0 Marathon Oil Corp COMMON STOCK 565849106 315 7900 SH SOLE NONE 7900 0 0 Marathon Petroleum Corp COMMON STOCK 56585A102 363 4650 SH SOLE NONE 4650 0 0 Marcus Corp COMMON STOCK 566330106 536 29350 SH SOLE NONE 29350 0 0 MartenTransport Ltd. COMMON STOCK 573075108 471 21090 SH SOLE NONE 21090 0 0 Matson Navigation Co. COMMON STOCK 57686G105 680 25347 SH SOLE NONE 25347 0 0 McDonalds COMMON STOCK 580135101 150 1491 SH SOLE NONE 1491 0 0 MDU Resources Group Inc. COMMON STOCK 552690109 583 16615 SH SOLE NONE 16615 0 0 Merck & Co Inc COMMON STOCK 58933Y105 1900 32845 SH SOLE NONE 32845 0 0 MFRI Inc. COMMON STOCK 552721102 521 45668 SH SOLE NONE 45668 0 0 Microsoft COMMON STOCK 594918104 3265 78307 SH SOLE NONE 78307 0 0 Mine Safety Appliances COMMON STOCK 602720104 287 5000 SH SOLE NONE 5000 0 0 Molson Coors Brewing Company COMMON STOCK 60871R209 2051 27656 SH SOLE NONE 27656 0 0 Mondelez International Inc. COMMON STOCK 609207105 351 9338 SH SOLE NONE 9338 0 0 Multi Color Corp. COMMON STOCK 625383104 1164 29101 SH SOLE NONE 29101 0 0 National Oilwell COMMON STOCK 637071101 445 5400 SH SOLE NONE 5400 0 0 NBT Bancorp Inc COMMON STOCK 628778102 312 13000 SH SOLE NONE 13000 0 0 NCR COMMON STOCK 62886E108 247 7050 SH SOLE NONE 7050 0 0 New Media Investment Group Inc COMMON STOCK 64704V106 120 8537 SH SOLE NONE 8537 0 0 New York Times COMMON STOCK 650111107 733 48164 SH SOLE NONE 48164 0 0 NextEra Energy Inc New COMMON STOCK 65339F101 214 2088 SH SOLE NONE 2088 0 0 Nike, Inc. COMMON STOCK 654106103 1487 19181 SH SOLE NONE 19181 0 0 Norfolk Southern Crp COMMON STOCK 655844108 410 3980 SH SOLE NONE 3980 0 0 Northeast Utilities COMMON STOCK 664397106 942 19935 SH SOLE NONE 19935 0 0 Northrop Grumman Corp. COMMON STOCK 666807102 3116 26047 SH SOLE NONE 26047 0 0 Northwest Natural Gas COMMON STOCK 667655104 1062 22532 SH SOLE NONE 22532 0 0 Northwest Pipe COMMON STOCK 667746101 885 21932 SH SOLE NONE 21932 0 0 Novartis AG Adr COMMON STOCK 66987V109 4061 44856 SH SOLE NONE 44856 0 0 NTT Docomo Inc. ADR COMMON STOCK 62942M201 126 7400 SH SOLE NONE 7400 0 0 Occidental Petroleum COMMON STOCK 674599105 146 1425 SH SOLE NONE 1425 0 0 Oneok Inc COMMON STOCK 682680103 286 4200 SH SOLE NONE 4200 0 0 Park City Group Inc. COMMON STOCK 700215304 201 18450 SH SOLE NONE 18450 0 0 Pebblebrook Hotel Pfd Ser B PREFERRED STOCK 70509V308 359 13500 SH SOLE NONE 13500 0 0 Pepco Holdings COMMON STOCK 713291102 285 10375 SH SOLE NONE 10375 0 0 Pepsico COMMON STOCK 713448108 4068 45532 SH SOLE NONE 45532 0 0 Pfizer COMMON STOCK 717081103 1274 42915 SH SOLE NONE 42915 0 0 Philip Morris Intl COMMON STOCK 718172109 143 1695 SH SOLE NONE 1695 0 0 Phillips 66 COMMON STOCK 718546104 111 1385 SH SOLE NONE 1385 0 0 Pimco Dynamic Credit Income Fu COMMON STOCK 72202D106 123 5150 SH SOLE NONE 5150 0 0 Pimco ETF Short Maturity Str ETF/ETN 72201R833 2541 25060 SH SOLE NONE 25060 0 0 Pimco Total Return ETF ETF/ETN 72201R775 533 4893 SH SOLE NONE 4893 0 0 Plains GP Holdings, LP COMMON STOCK 72651A108 128 4000 SH SOLE NONE 4000 0 0 Portland Gen Elec Co COMMON STOCK 736508847 546 15740 SH SOLE NONE 15740 0 0 Potlatch Corp COMMON STOCK 737630103 414 10001 SH SOLE NONE 10001 0 0 PowerShares FTSE RAFI US 1000 ETF/ETN 73935X583 3707 41915 SH SOLE NONE 41915 0 0 Powershares High Yld Corp Bond ETF/ETN 73936T557 1880 95896 SH SOLE NONE 95896 0 0 PowerShares QQQ ETF/ETN 631100104 105 1121 SH SOLE NONE 1121 0 0 PPL Corp. COMMON STOCK 69351T106 1222 34383 SH SOLE NONE 34383 0 0 Precision Castparts COMMON STOCK 740189105 445 1762 SH SOLE NONE 1762 0 0 Procter & Gamble COMMON STOCK 742718109 1099 13987 SH SOLE NONE 13987 0 0 Rayonier COMMON STOCK 754907103 2199 61861 SH SOLE NONE 61861 0 0 Rayonier Advanced Materials In COMMON STOCK 75508B104 798 20586 SH SOLE NONE 20586 0 0 Raytheon COMMON STOCK 755111507 596 6465 SH SOLE NONE 6465 0 0 Republic Services COMMON STOCK 760759100 1584 41708 SH SOLE NONE 41708 0 0 Royal Dutch Shell Cl A COMMON STOCK 780259206 145 1759 SH SOLE NONE 1759 0 0 Royal Dutch Shell Cl B COMMON STOCK 780259107 917 10540 SH SOLE NONE 10540 0 0 Rush Enterprises Cl A COMMON STOCK 781846209 103 2975 SH SOLE NONE 2975 0 0 Rush Enterprises Cl B COMMON STOCK 781846308 326 10374 SH SOLE NONE 10374 0 0 S & P 500 Index Fund ETF/ETN 78462F103 953 4872 SH SOLE NONE 4872 0 0 Sanofi-Aventis Sponsored Adr COMMON STOCK 80105N105 800 15040 SH SOLE NONE 15040 0 0 Scana Corp New COMMON STOCK 80589M102 404 7505 SH SOLE NONE 7505 0 0 Schlumberger Limited COMMON STOCK 806857108 279 2365 SH SOLE NONE 2365 0 0 Seaboard Corp. COMMON STOCK 811543107 683 226 SH SOLE NONE 226 0 0 Seacorp Hldgs Inc COMMON STOCK 811904101 643 7816 SH SOLE NONE 7816 0 0 Shiloh Industries Inc. COMMON STOCK 824543102 151 8200 SH SOLE NONE 8200 0 0 SM Energy Corp COMMON STOCK 792228108 156 1850 SH SOLE NONE 1850 0 0 Sonoco Products COMMON STOCK 835495102 1473 33529 SH SOLE NONE 33529 0 0 Southern Co COMMON STOCK 842587107 311 6849 SH SOLE NONE 6849 0 0 Southwest Air COMMON STOCK 844741108 132 4900 SH SOLE NONE 4900 0 0 SpartanNash Co. COMMON STOCK 847215100 183 8690 SH SOLE NONE 8690 0 0 SPDR S&P Dividend ETF ETF/ETN 78464A763 112 1460 SH SOLE NONE 1460 0 0 SPDR S&P Transport ETF ETF/ETN 78464A532 711 7580 SH SOLE NONE 7580 0 0 St Jude Medical Inc COMMON STOCK 790849103 332 4800 SH SOLE NONE 4800 0 0 Starbucks COMMON STOCK 855244109 747 9657 SH SOLE NONE 9657 0 0 Statoil Hydro Asa Adr COMMON STOCK 85771P102 244 7900 SH SOLE NONE 7900 0 0 Streettracks Gold Shrs COMMON STOCK 78463V107 1699 13267 SH SOLE NONE 13267 0 0 Stryker Corp COMMON STOCK 863667101 1863 22096 SH SOLE NONE 22096 0 0 Syngenta AG COMMON STOCK 87160A100 3379 45171 SH SOLE NONE 45171 0 0 Texas Instruments COMMON STOCK 882508104 172 3600 SH SOLE NONE 3600 0 0 Timken Co COMMON STOCK 887389104 278 4100 SH SOLE NONE 4100 0 0 Travelers Cos Inc COMMON STOCK 89417E109 211 2245 SH SOLE NONE 2245 0 0 Trustco Bk Corp Ny COMMON STOCK 898349105 167 25000 SH SOLE NONE 25000 0 0 TRW Automotive Hldgs Corp. COMMON STOCK 87264S106 1310 14630 SH SOLE NONE 14630 0 0 Twenty-First Century Fox, Cl B COMMON STOCK 90130A200 678 19800 SH SOLE NONE 19800 0 0 UGI Corp COMMON STOCK 902681105 1361 26947 SH SOLE NONE 26947 0 0 Unilever PLC COMMON STOCK 904767704 573 12654 SH SOLE NONE 12654 0 0 Union Pacific COMMON STOCK 907818108 6018 60332 SH SOLE NONE 60332 0 0 United Parcel Svc COMMON STOCK 911312106 1528 14889 SH SOLE NONE 14889 0 0 United Technologies COMMON STOCK 913017109 2439 21128 SH SOLE NONE 21128 0 0 Unitedhealth Group COMMON STOCK 91324P102 289 3540 SH SOLE NONE 3540 0 0 URS Corporation COMMON STOCK 903236107 868 18935 SH SOLE NONE 18935 0 0 Urstadt Biddle Ppty Pfd D PREFERRED STOCK 917286502 226 8835 SH SOLE NONE 8835 0 0 Urstadt Biddle Pptys COMMON STOCK 917286106 1001 56064 SH SOLE NONE 56064 0 0 Urstadt Biddle Pptys Inc Cl A COMMON STOCK 917286205 1377 65939 SH SOLE NONE 65939 0 0 Urstadt Biddle Pptys Inc Pfd S PREFERRED STOCK 917286700 569 22400 SH SOLE NONE 22400 0 0 US Bancorp COMMON STOCK 902973304 4152 95839 SH SOLE NONE 95839 0 0 V F Corp COMMON STOCK 918204108 391 6200 SH SOLE NONE 6200 0 0 Vanguard Energy ETF ETF/ETN 92204A306 9668 67156 SH SOLE NONE 67156 0 0 Vanguard European ETF ETF/ETN 922042874 447 7464 SH SOLE NONE 7464 0 0 Vanguard Extended Mkt ETF ETF/ETN 922908652 2939 33495 SH SOLE NONE 33495 0 0 Vanguard FTSE All World exUS E ETF/ETN 922042775 198 3793 SH SOLE NONE 3793 0 0 Vanguard Growth ETF ETF/ETN 922908736 133 1347 SH SOLE NONE 1347 0 0 Vanguard Health Care ETF ETF/ETN 92204A504 1273 11400 SH SOLE NONE 11400 0 0 Vanguard High Dividend Yield I ETF/ETN 921946406 14246 214819 SH SOLE NONE 214819 0 0 Vanguard Industrials ETF ETF/ETN 92204A603 120 1150 SH SOLE NONE 1150 0 0 Vanguard Information Technolog ETF/ETN 92204A702 7074 73083 SH SOLE NONE 73083 0 0 Vanguard Mega Cap ETF ETF/ETN 921910873 2998 44794 SH SOLE NONE 44794 0 0 Vanguard Short Term Bond ETF ETF/ETN 921937827 281 3500 SH SOLE NONE 3500 0 0 Vanguard Small Cap Value ETF ETF/ETN 922908611 828 7846 SH SOLE NONE 7846 0 0 Vanguard Total Stock Mkt ETF ETF/ETN 922908769 21297 209270 SH SOLE NONE 209270 0 0 Vanguard Total World Stk Index ETF/ETN 922042742 3113 50022 SH SOLE NONE 50022 0 0 Vanguard Utilities ETF ETF/ETN 92204A876 1884 19483 SH SOLE NONE 19483 0 0 Vectren Corp COMMON STOCK 92240G101 1306 30723 SH SOLE NONE 30723 0 0 Verizon Communications COMMON STOCK 92343V104 2332 47663 SH SOLE NONE 47663 0 0 Visa Inc COMMON STOCK 92826C839 158 752 SH SOLE NONE 752 0 0 Vodafone Group PLC COMMON STOCK 92857W100 1516 45415 SH SOLE NONE 45415 0 0 Wal-Mart Stores COMMON STOCK 931142103 1266 16868 SH SOLE NONE 16868 0 0 Walt Disney Co. COMMON STOCK 254687106 2179 25418 SH SOLE NONE 25418 0 0 Washington Real Estate Inv Tru REIT 939653101 134 5150 SH SOLE NONE 5150 0 0 Waste Management COMMON STOCK 94106L109 641 14329 SH SOLE NONE 14329 0 0 Wells Fargo & Co COMMON STOCK 949746101 577 10973 SH SOLE NONE 10973 0 0 Weyerhaeuser COMMON STOCK 962166104 754 22774 SH SOLE NONE 22774 0 0 Whirlpool Corp COMMON STOCK 963320106 617 4430 SH SOLE NONE 4430 0 0 Whitestone Reit REIT 966084204 493 33050 SH SOLE NONE 33050 0 0 Williams Companies, Inc. COMMON STOCK 969457100 194 3336 SH SOLE NONE 3336 0 0 WisdomTree Emerging Mkts Small ETF/ETN 97717W281 2628 54783 SH SOLE NONE 54783 0 0 WisdomTree Japan Hedged Equity ETF/ETN 97717W851 1162 23550 SH SOLE NONE 23550 0 0 Xylem Inc COMMON STOCK 98419M100 366 9378 SH SOLE NONE 9378 0 0 Yahoo! Inc. COMMON STOCK 984332106 1034 29445 SH SOLE NONE 29445 0 0 Yum! Brands COMMON STOCK 988498101 752 9263 SH SOLE NONE 9263 0 0 Zimmer Holdings COMMON STOCK 98956P102 143 1380 SH SOLE NONE 1380 0 0