Chief Compliance Officer

0001140361-17-003057.txt : 20170127 0001140361-17-003057.hdr.sgml : 20170127 20170126174851 ACCESSION NUMBER: 0001140361-17-003057 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161231 FILED AS OF DATE: 20170127 DATE AS OF CHANGE: 20170126 EFFECTIVENESS DATE: 20170127 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: 17551115 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 12-31-2016 12-31-2016 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 01-24-2017 0 239 340847 false INFORMATION TABLE 2 form13fInfoTable.xml 3M Company COMMON STOCK 88579Y101 994 5568 SH SOLE NONE 5568 0 0 Abbott Laboratories COMMON STOCK 002824100 1496 38954 SH SOLE NONE 38954 0 0 AbbVie Inc. COMMON STOCK 00287Y109 1573 25112 SH SOLE NONE 25112 0 0 Aberdeen Asia-Pacific Income F ETF/ETN 003009107 115 24800 SH SOLE NONE 24800 0 0 ABM Industries COMMON STOCK 000957100 582 14250 SH SOLE NONE 14250 0 0 Accenture PLC COMMON STOCK G1151C101 201 1717 SH SOLE NONE 1717 0 0 Alaska Air Group COMMON STOCK 011659109 594 6700 SH SOLE NONE 6700 0 0 Alaska Communications Systems COMMON STOCK 01167P101 43 26500 SH SOLE NONE 26500 0 0 Alexander & Baldwin COMMON STOCK 014491104 758 16887 SH SOLE NONE 16887 0 0 Alphabet Inc. CL A COMMON STOCK 02079K305 1580 1994 SH SOLE NONE 1994 0 0 Alphabet Inc. CL C COMMON STOCK 02079K107 1741 2256 SH SOLE NONE 2256 0 0 Altria Group COMMON STOCK 718154107 399 5899 SH SOLE NONE 5899 0 0 Amazon.com Inc. COMMON STOCK 023135106 793 1058 SH SOLE NONE 1058 0 0 American Express COMMON STOCK 025816109 1124 15169 SH SOLE NONE 15169 0 0 AmerisourceBergen Corporation COMMON STOCK 03073E105 3819 48846 SH SOLE NONE 48846 0 0 Anadarko Pete Corp COMMON STOCK 032511107 190 2725 SH SOLE NONE 2725 0 0 Anheuser-Busch InBev COMMON STOCK 035229103 262 2488 SH SOLE NONE 2488 0 0 Apollo Commercial Real Estate REIT 03762U105 495 29782 SH SOLE NONE 29782 0 0 Apple Computer COMMON STOCK 037833100 1896 16366 SH SOLE NONE 16366 0 0 AptarGroup Inc COMMON STOCK 038336103 110 1500 SH SOLE NONE 1500 0 0 Archer Daniels Midland COMMON STOCK 039483102 379 8300 SH SOLE NONE 8300 0 0 Armada Hoffler Properties, Inc REIT 04208T108 331 22700 SH SOLE NONE 22700 0 0 AT&T COMMON STOCK 00206R102 523 12301 SH SOLE NONE 12301 0 0 Automatic Data Processing COMMON STOCK 053015103 468 4550 SH SOLE NONE 4550 0 0 Avista Corp. COMMON STOCK 05379B107 202 5050 SH SOLE NONE 5050 0 0 B/E Aerospace Inc. COMMON STOCK 073302101 2924 48580 SH SOLE NONE 48580 0 0 Baldwin & Lyons Inc CL B COMMON STOCK 057755209 421 16700 SH SOLE NONE 16700 0 0 Ball Corp COMMON STOCK 058498106 1954 26028 SH SOLE NONE 26028 0 0 Bank of America COMMON STOCK 060505104 278 12600 SH SOLE NONE 12600 0 0 Bank of New York Mellon COMMON STOCK 064058100 2386 50356 SH SOLE NONE 50356 0 0 Bank of Nova Scotia COMMON STOCK 064149107 750 13478 SH SOLE NONE 13478 0 0 BCE Inc. COMMON STOCK 05534B760 489 11300 SH SOLE NONE 11300 0 0 Becton Dickinson Co COMMON STOCK 075887109 157 950 SH SOLE NONE 950 0 0 Berkshire Hathaway Cl A COMMON STOCK 084670108 5127 21 SH SOLE NONE 21 0 0 Berkshire Hathaway Cl B COMMON STOCK 084670702 10725 65803 SH SOLE NONE 65803 0 0 Black Diamond Inc. COMMON STOCK 09202G101 138 25796 SH SOLE NONE 25796 0 0 Bluerock Residential PFD A PREFERRED STOCK 09627J508 138 5300 SH SOLE NONE 5300 0 0 Boeing COMMON STOCK 097023105 357 2295 SH SOLE NONE 2295 0 0 BP p.l.c. COMMON STOCK 055622104 307 8200 SH SOLE NONE 8200 0 0 Bristol Myers Squibb COMMON STOCK 110122108 1948 33333 SH SOLE NONE 33333 0 0 Brixmor Property Group Inc. REIT 11120U105 1140 46675 SH SOLE NONE 46675 0 0 Broadridge Financial Solutions COMMON STOCK 11133T103 189 2850 SH SOLE NONE 2850 0 0 Campbell Soup Company COMMON STOCK 134429109 440 7282 SH SOLE NONE 7282 0 0 Canadian National Railway Co. COMMON STOCK 136375102 317 4700 SH SOLE NONE 4700 0 0 Carriage Services COMMON STOCK 143905107 172 6000 SH SOLE NONE 6000 0 0 Central Fund of Canada Ltd. ETF/ETN 153501101 215 19000 SH SOLE NONE 19000 0 0 ChevronTexaco COMMON STOCK 166764100 1618 13749 SH SOLE NONE 13749 0 0 Cisco Systems COMMON STOCK 17275R102 491 16234 SH SOLE NONE 16234 0 0 City Office Reit Red PFD Ser A PREFERRED STOCK 178587200 244 10700 SH SOLE NONE 10700 0 0 Clorox Company COMMON STOCK 189054109 702 5851 SH SOLE NONE 5851 0 0 Coca-Cola Bottling COMMON STOCK 191098102 103 575 SH SOLE NONE 575 0 0 Coca-Cola Company COMMON STOCK 191216100 1021 24628 SH SOLE NONE 24628 0 0 Coca-Cola European Partners PL COMMON STOCK G25839104 317 10095 SH SOLE NONE 10095 0 0 Comcast Corporation COMMON STOCK 20030N101 1744 25250 SH SOLE NONE 25250 0 0 Conoco Phillips COMMON STOCK 718507106 102 2040 SH SOLE NONE 2040 0 0 Consolidated Edison COMMON STOCK 209115104 145 1967 SH SOLE NONE 1967 0 0 Corning Inc COMMON STOCK 219350105 158 6500 SH SOLE NONE 6500 0 0 Costco Wholesale COMMON STOCK 22160K105 1088 6794 SH SOLE NONE 6794 0 0 Deere & Company COMMON STOCK 244199105 533 5170 SH SOLE NONE 5170 0 0 Delta Air Lines Inc. COMMON STOCK 247361702 107 2185 SH SOLE NONE 2185 0 0 Diageo PLC COMMON STOCK 25243Q205 232 2235 SH SOLE NONE 2235 0 0 Dominion Resources COMMON STOCK 25746U109 684 8927 SH SOLE NONE 8927 0 0 Du Pont COMMON STOCK 263534109 2007 27340 SH SOLE NONE 27340 0 0 Duke Energy COMMON STOCK 264399106 200 2575 SH SOLE NONE 2575 0 0 Edwards Lifesciences COMMON STOCK 28176E108 187 2000 SH SOLE NONE 2000 0 0 Eli Lilly COMMON STOCK 532457108 125 1700 SH SOLE NONE 1700 0 0 EOG Resources COMMON STOCK 26875P101 106 1044 SH SOLE NONE 1044 0 0 Equity Residential REIT 29476L107 183 2850 SH SOLE NONE 2850 0 0 Eversource Energy COMMON STOCK 30040W108 898 16265 SH SOLE NONE 16265 0 0 Express Scripts Holding Co. COMMON STOCK 302182100 112 1621 SH SOLE NONE 1621 0 0 Exxon Mobil COMMON STOCK 30231G102 1747 19353 SH SOLE NONE 19353 0 0 Facebook Inc COMMON STOCK 30303M102 413 3586 SH SOLE NONE 3586 0 0 Fedex Corp COMMON STOCK 31428X106 903 4850 SH SOLE NONE 4850 0 0 Ferrari N.V. COMMON STOCK N3167Y103 385 6615 SH SOLE NONE 6615 0 0 Fiat Chrysler Automobiles N.V. COMMON STOCK N31738102 937 102750 SH SOLE NONE 102750 0 0 Flexshares Quality Dividend In ETF/ETN 33939L860 407 10305 SH SOLE NONE 10305 0 0 Fomento Economico Mexicano COMMON STOCK 344419106 3605 47300 SH SOLE NONE 47300 0 0 Fresh Del Monte Produce Inc. COMMON STOCK G36738105 3890 64156 SH SOLE NONE 64156 0 0 Gabelli Global Sml & Md Cap PF PREFERRED STOCK 36249W203 120 5000 SH SOLE NONE 5000 0 0 General American Investors Co. ETF/ETN 368802104 188 6036 SH SOLE NONE 6036 0 0 General Electric COMMON STOCK 369604103 618 19569 SH SOLE NONE 19569 0 0 General Mills COMMON STOCK 370334104 3673 59459 SH SOLE NONE 59459 0 0 General Motors COMMON STOCK 37045V100 329 9453 SH SOLE NONE 9453 0 0 Genuine Parts COMMON STOCK 372460105 1269 13280 SH SOLE NONE 13280 0 0 GlaxoSmithKline Plc Adr COMMON STOCK 37733W105 130 3367 SH SOLE NONE 3367 0 0 Hasbro COMMON STOCK 418056107 253 3250 SH SOLE NONE 3250 0 0 Helmerich & Payne COMMON STOCK 423452101 360 4650 SH SOLE NONE 4650 0 0 Highwoods Properties Inc. REIT 431284108 765 15000 SH SOLE NONE 15000 0 0 Home Depot COMMON STOCK 437076102 898 6697 SH SOLE NONE 6697 0 0 Honeywell Intl. COMMON STOCK 438516106 2215 19116 SH SOLE NONE 19116 0 0 Host Hotels & Resorts, Inc. REIT 44107P104 1298 68890 SH SOLE NONE 68890 0 0 Houston Wire & Cable Company COMMON STOCK 44244K109 81 12500 SH SOLE NONE 12500 0 0 Humana Inc. COMMON STOCK 444859102 518 2540 SH SOLE NONE 2540 0 0 Imperial Oil Ltd. COMMON STOCK 453038408 693 19926 SH SOLE NONE 19926 0 0 Ingles Markets, Inc. COMMON STOCK 457030104 1756 36501 SH SOLE NONE 36501 0 0 Intel COMMON STOCK 458140100 962 26532 SH SOLE NONE 26532 0 0 Intl Paper Co. COMMON STOCK 460146103 3781 71252 SH SOLE NONE 71252 0 0 Investors Title COMMON STOCK 461804106 902 5702 SH SOLE NONE 5702 0 0 iShares 1-3 Yr Treas Index Fd ETF/ETN 464287457 169 2000 SH SOLE NONE 2000 0 0 iShares DJ US Oil Equip & Svcs ETF/ETN 464288844 1086 23890 SH SOLE NONE 23890 0 0 iShares Global Telecom Fd ETF/ETN 464287275 1604 27317 SH SOLE NONE 27317 0 0 iShares Hong Kong Index Fd ETF/ETN 464286871 126 6475 SH SOLE NONE 6475 0 0 iShares iBoxx $ Invst Grade Cr ETF/ETN 464287242 238 2033 SH SOLE NONE 2033 0 0 iShares MSCI EAFE Minimum Vola ETF/ETN 46429B689 6306 103005 SH SOLE NONE 103005 0 0 iShares MSCI Emerging Markets ETF/ETN 464286533 171 3506 SH SOLE NONE 3506 0 0 iShares Russell 1000 ETF/ETN 464287622 259 2081 SH SOLE NONE 2081 0 0 iShares Russell 1000 Growth In ETF/ETN 464287614 168 1606 SH SOLE NONE 1606 0 0 iShares Russell 1000 Value Ind ETF/ETN 464287598 312 2781 SH SOLE NONE 2781 0 0 iShares Russell Mid-Cap Index ETF/ETN 464287499 246 1374 SH SOLE NONE 1374 0 0 iShares Russell Midcap Value I ETF/ETN 464287473 349 4334 SH SOLE NONE 4334 0 0 iShares Tr Russell 2000 Index ETF/ETN 464287655 109 807 SH SOLE NONE 807 0 0 ITT Inc. COMMON STOCK 45073V108 973 25224 SH SOLE NONE 25224 0 0 J P Morgan Chase COMMON STOCK 46625H100 1456 16877 SH SOLE NONE 16877 0 0 JM Smucker COMMON STOCK 832696405 350 2730 SH SOLE NONE 2730 0 0 John Bean Technologies COMMON STOCK 477839104 2393 27843 SH SOLE NONE 27843 0 0 Johnson & Johnson COMMON STOCK 478160104 3799 32977 SH SOLE NONE 32977 0 0 Kimberly Clark COMMON STOCK 494368103 2086 18278 SH SOLE NONE 18278 0 0 Kite Realty Group Trust REIT 49803T300 218 9300 SH SOLE NONE 9300 0 0 Kraft Heinz Co. COMMON STOCK 500754106 280 3201 SH SOLE NONE 3201 0 0 Kroger COMMON STOCK 501044101 8849 256416 SH SOLE NONE 256416 0 0 Laboratory Corp of America Hol COMMON STOCK 50540R409 851 6630 SH SOLE NONE 6630 0 0 Liberty Global Inc. COMMON STOCK G5480U104 102 3345 SH SOLE NONE 3345 0 0 Luxfer Holdings PLC COMMON STOCK 550678106 114 10500 SH SOLE NONE 10500 0 0 Macy's Inc COMMON STOCK 55616P104 107 3000 SH SOLE NONE 3000 0 0 Marathon Petroleum Corp COMMON STOCK 56585A102 986 19573 SH SOLE NONE 19573 0 0 Marcus Corp COMMON STOCK 566330106 464 14745 SH SOLE NONE 14745 0 0 MartenTransport Ltd. COMMON STOCK 573075108 498 21390 SH SOLE NONE 21390 0 0 Matson Navigation Co. COMMON STOCK 57686G105 832 23520 SH SOLE NONE 23520 0 0 MDU Resources Group Inc. COMMON STOCK 552690109 204 7075 SH SOLE NONE 7075 0 0 Merck & Co Inc COMMON STOCK 58933Y105 1772 30101 SH SOLE NONE 30101 0 0 Microsoft COMMON STOCK 594918104 4816 77502 SH SOLE NONE 77502 0 0 Mid-America Apartment Communit REIT 59522J103 548 5600 SH SOLE NONE 5600 0 0 Mine Safety Appliances COMMON STOCK 602720104 347 5000 SH SOLE NONE 5000 0 0 Molson Coors Brewing Company COMMON STOCK 60871R209 2885 29646 SH SOLE NONE 29646 0 0 Mondelez International Inc. COMMON STOCK 609207105 404 9114 SH SOLE NONE 9114 0 0 Multi Color Corp. COMMON STOCK 625383104 735 9476 SH SOLE NONE 9476 0 0 NBT Bancorp Inc COMMON STOCK 628778102 461 11000 SH SOLE NONE 11000 0 0 New York Times COMMON STOCK 650111107 200 15000 SH SOLE NONE 15000 0 0 NextEra Energy Inc New COMMON STOCK 65339F101 345 2888 SH SOLE NONE 2888 0 0 Nike, Inc. COMMON STOCK 654106103 1784 35094 SH SOLE NONE 35094 0 0 Nordstrom Inc. COMMON STOCK 655664100 3800 79280 SH SOLE NONE 79280 0 0 Norfolk Southern Crp COMMON STOCK 655844108 414 3830 SH SOLE NONE 3830 0 0 Northrop Grumman Corp. COMMON STOCK 666807102 5167 22217 SH SOLE NONE 22217 0 0 Northwest Natural Gas COMMON STOCK 667655104 1074 17957 SH SOLE NONE 17957 0 0 Novartis AG Adr COMMON STOCK 66987V109 3124 42894 SH SOLE NONE 42894 0 0 NTT Docomo Inc. ADR COMMON STOCK 62942M201 123 5400 SH SOLE NONE 5400 0 0 Nuveen CA Muni Advantage Fund ETF/ETN 67066Y105 141 10000 SH SOLE NONE 10000 0 0 Oracle COMMON STOCK 68389X105 265 6892 SH SOLE NONE 6892 0 0 Park City Group Inc. COMMON STOCK 700215304 234 18450 SH SOLE NONE 18450 0 0 Pepsico, Inc. COMMON STOCK 713448108 5628 53788 SH SOLE NONE 53788 0 0 Pfizer Inc. COMMON STOCK 717081103 1180 36325 SH SOLE NONE 36325 0 0 Philip Morris Intl COMMON STOCK 718172109 251 2745 SH SOLE NONE 2745 0 0 Phillips 66 COMMON STOCK 718546104 107 1235 SH SOLE NONE 1235 0 0 Pimco ETF Short Maturity Str ETF/ETN 72201R833 2189 21600 SH SOLE NONE 21600 0 0 Pimco Muni Income Fd II Com ETF/ETN 72200W106 134 11000 SH SOLE NONE 11000 0 0 Portland Gen Elec Co COMMON STOCK 736508847 929 21440 SH SOLE NONE 21440 0 0 Potlatch Corp REIT 737630103 419 10051 SH SOLE NONE 10051 0 0 PowerShares FTSE RAFI US 1000 ETF/ETN 73935X583 6251 62796 SH SOLE NONE 62796 0 0 Powershares High Yld Corp Bond ETF/ETN 73936T557 2664 141781 SH SOLE NONE 141781 0 0 PowerShares QQQ ETF/ETN 631100104 399 3366 SH SOLE NONE 3366 0 0 PPL Corp. COMMON STOCK 69351T106 1112 32667 SH SOLE NONE 32667 0 0 Procter & Gamble COMMON STOCK 742718109 1235 14692 SH SOLE NONE 14692 0 0 ProLogis COMMON STOCK 743410102 554 10500 SH SOLE NONE 10500 0 0 Quest Diagnostics Inc. COMMON STOCK 74834L100 207 2250 SH SOLE NONE 2250 0 0 Rayonier COMMON STOCK 754907103 1568 58960 SH SOLE NONE 58960 0 0 Raytheon COMMON STOCK 755111507 1174 8270 SH SOLE NONE 8270 0 0 Republic Services COMMON STOCK 760759100 1592 27906 SH SOLE NONE 27906 0 0 Rush Enterprises Cl B COMMON STOCK 781846308 166 5365 SH SOLE NONE 5365 0 0 Ryder System, Inc. COMMON STOCK 783549108 1031 13855 SH SOLE NONE 13855 0 0 S & P 500 Index Fund ETF/ETN 78462F103 1496 6692 SH SOLE NONE 6692 0 0 Scana Corp New COMMON STOCK 80589M102 395 5388 SH SOLE NONE 5388 0 0 Schlumberger Limited COMMON STOCK 806857108 774 9223 SH SOLE NONE 9223 0 0 Seaboard Corp. COMMON STOCK 811543107 909 230 SH SOLE NONE 230 0 0 Sealed Air Corp New COMMON STOCK 81211K100 2258 49810 SH SOLE NONE 49810 0 0 Sonoco Products COMMON STOCK 835495102 2257 42834 SH SOLE NONE 42834 0 0 Southern Co COMMON STOCK 842587107 188 3820 SH SOLE NONE 3820 0 0 Southwest Air COMMON STOCK 844741108 263 5280 SH SOLE NONE 5280 0 0 SPDR S&P Dividend ETF ETF/ETN 78464A763 125 1460 SH SOLE NONE 1460 0 0 Starbucks COMMON STOCK 855244109 953 17158 SH SOLE NONE 17158 0 0 Starwood Ppty Trust, Inc. REIT 85571B105 503 22900 SH SOLE NONE 22900 0 0 Streettracks Gold Shrs ETF/ETN 78463V107 1416 12923 SH SOLE NONE 12923 0 0 Stryker Corp COMMON STOCK 863667101 3229 26955 SH SOLE NONE 26955 0 0 T Rowe Price Group, Inc. COMMON STOCK 74144T108 148 1960 SH SOLE NONE 1960 0 0 Texas Instruments COMMON STOCK 882508104 106 1450 SH SOLE NONE 1450 0 0 The GEO Group, Inc REIT 36162J106 370 10290 SH SOLE NONE 10290 0 0 Time Warner Inc COMMON STOCK 887317303 145 1500 SH SOLE NONE 1500 0 0 Tompkins Financial Corp COMMON STOCK 890110109 161 1700 SH SOLE NONE 1700 0 0 Travelers Cos Inc. COMMON STOCK 89417E109 275 2245 SH SOLE NONE 2245 0 0 Trustco Bk Corp Ny COMMON STOCK 898349105 201 23000 SH SOLE NONE 23000 0 0 Twenty-First Century Fox, Cl A COMMON STOCK 90130A101 278 9919 SH SOLE NONE 9919 0 0 Twenty-First Century Fox, Cl B COMMON STOCK 90130A200 507 18600 SH SOLE NONE 18600 0 0 UGI Corp COMMON STOCK 902681105 1445 31357 SH SOLE NONE 31357 0 0 Unilever PLC COMMON STOCK 904767704 1044 25646 SH SOLE NONE 25646 0 0 Union Pacific Corporation COMMON STOCK 907818108 5452 52586 SH SOLE NONE 52586 0 0 United Technologies Corp. COMMON STOCK 913017109 1997 18217 SH SOLE NONE 18217 0 0 Unitedhealth Group COMMON STOCK 91324P102 431 2690 SH SOLE NONE 2690 0 0 Urstadt Biddle Pptys REIT 917286106 1019 53362 SH SOLE NONE 53362 0 0 Urstadt Biddle Pptys 6.75 12/ PREFERRED STOCK 917286809 491 19175 SH SOLE NONE 19175 0 0 Urstadt Biddle Pptys Inc Cl A REIT 917286205 1670 69264 SH SOLE NONE 69264 0 0 Urstadt Biddle Pptys Inc Pfd S PREFERRED STOCK 917286700 664 26050 SH SOLE NONE 26050 0 0 US Bancorp COMMON STOCK 902973304 4768 92818 SH SOLE NONE 92818 0 0 V F Corp COMMON STOCK 918204108 165 3100 SH SOLE NONE 3100 0 0 Vanguard Consumer Staples ETF ETF/ETN 92204A207 228 1700 SH SOLE NONE 1700 0 0 Vanguard Energy ETF ETF/ETN 92204A306 6651 63539 SH SOLE NONE 63539 0 0 Vanguard Extended Mkt ETF ETF/ETN 922908652 2303 24018 SH SOLE NONE 24018 0 0 Vanguard Financials ETF ETF/ETN 92204A405 1882 31708 SH SOLE NONE 31708 0 0 Vanguard Global ex-US Real Est ETF/ETN 922042676 235 4750 SH SOLE NONE 4750 0 0 Vanguard Growth ETF ETF/ETN 922908736 310 2781 SH SOLE NONE 2781 0 0 Vanguard Health Care ETF ETF/ETN 92204A504 1477 11650 SH SOLE NONE 11650 0 0 Vanguard High Dividend Yield I ETF/ETN 921946406 16390 216312 SH SOLE NONE 216312 0 0 Vanguard Information Technolog ETF/ETN 92204A702 9901 81488 SH SOLE NONE 81488 0 0 Vanguard Intermediate-Term Cor ETF/ETN 92206C870 784 9145 SH SOLE NONE 9145 0 0 Vanguard Mega Cap ETF ETF/ETN 921910873 4227 55366 SH SOLE NONE 55366 0 0 Vanguard Mid-Cap Value ETF ETF/ETN 922908512 666 6853 SH SOLE NONE 6853 0 0 Vanguard REIT ETF ETF/ETN 922908553 2673 32387 SH SOLE NONE 32387 0 0 Vanguard S&P 500 ETF ETF/ETN 922908363 7362 35858 SH SOLE NONE 35858 0 0 Vanguard Short Term Bond ETF ETF/ETN 921937827 683 8600 SH SOLE NONE 8600 0 0 Vanguard Small Cap Value ETF ETF/ETN 922908611 2919 24125 SH SOLE NONE 24125 0 0 Vanguard Total Stock Mkt ETF ETF/ETN 922908769 24703 214209 SH SOLE NONE 214209 0 0 Vanguard Total World Stk Index ETF/ETN 922042742 3073 50370 SH SOLE NONE 50370 0 0 Vanguard Utilities ETF ETF/ETN 92204A876 1605 14999 SH SOLE NONE 14999 0 0 Vanguard Value ETF ETF/ETN 922908744 166 1782 SH SOLE NONE 1782 0 0 Vectren Corp COMMON STOCK 92240G101 1086 20833 SH SOLE NONE 20833 0 0 Ventas Inc. COMMON STOCK 92276F100 625 10000 SH SOLE NONE 10000 0 0 VeriFone Systems, Inc. COMMON STOCK 92342Y109 417 23520 SH SOLE NONE 23520 0 0 Verizon Communications COMMON STOCK 92343V104 3432 64294 SH SOLE NONE 64294 0 0 Visa Inc COMMON STOCK 92826C839 501 6417 SH SOLE NONE 6417 0 0 Vodafone Group PLC COMMON STOCK 92857W100 832 34068 SH SOLE NONE 34068 0 0 Wabash National Corp. COMMON STOCK 929566107 1704 107695 SH SOLE NONE 107695 0 0 Wal-Mart Stores COMMON STOCK 931142103 1528 22103 SH SOLE NONE 22103 0 0 Walt Disney Co. COMMON STOCK 254687106 3696 35459 SH SOLE NONE 35459 0 0 Waste Management COMMON STOCK 94106L109 923 13016 SH SOLE NONE 13016 0 0 Wells Fargo & Co COMMON STOCK 949746101 1330 24128 SH SOLE NONE 24128 0 0 Weyerhaeuser REIT 962166104 2148 71374 SH SOLE NONE 71374 0 0 Whirlpool Corp COMMON STOCK 963320106 1194 6570 SH SOLE NONE 6570 0 0 WisdomTree DEFA ETF ETF/ETN 97717W703 3339 71965 SH SOLE NONE 71965 0 0 WisdomTree Emerging Mkts Small ETF/ETN 97717W281 2648 67699 SH SOLE NONE 67699 0 0 Xylem Inc COMMON STOCK 98419M100 384 7748 SH SOLE NONE 7748 0 0 Zimmer Biomet Holdings, Inc. COMMON STOCK 98956P102 142 1380 SH SOLE NONE 1380 0 0