Chief Compliance Officer

0001140361-17-016755.txt : 20170425 0001140361-17-016755.hdr.sgml : 20170425 20170425172358 ACCESSION NUMBER: 0001140361-17-016755 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170331 FILED AS OF DATE: 20170425 DATE AS OF CHANGE: 20170425 EFFECTIVENESS DATE: 20170425 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: 17781999 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 03-31-2017 03-31-2017 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 04-20-2017 0 238 350142 false INFORMATION TABLE 2 form13fInfoTable.xml 3M Company COMMON STOCK 88579Y101 1046 5468 SH SOLE NONE 5468 0 0 Abbott Laboratories COMMON STOCK 002824100 1729 38924 SH SOLE NONE 38924 0 0 AbbVie Inc. COMMON STOCK 00287Y109 1651 25332 SH SOLE NONE 25332 0 0 Aberdeen Asia-Pacific Income F ETF/ETN 003009107 119 23800 SH SOLE NONE 23800 0 0 ABM Industries COMMON STOCK 000957100 621 14250 SH SOLE NONE 14250 0 0 Accenture PLC COMMON STOCK G1151C101 206 1717 SH SOLE NONE 1717 0 0 Alaska Air Group COMMON STOCK 011659109 553 6000 SH SOLE NONE 6000 0 0 Alaska Communications Systems COMMON STOCK 01167P101 37 20000 SH SOLE NONE 20000 0 0 Alexander & Baldwin COMMON STOCK 014491104 752 16887 SH SOLE NONE 16887 0 0 Alphabet Inc. CL A COMMON STOCK 02079K305 1691 1995 SH SOLE NONE 1995 0 0 Alphabet Inc. CL C COMMON STOCK 02079K107 1899 2289 SH SOLE NONE 2289 0 0 Altria Group COMMON STOCK 718154107 421 5899 SH SOLE NONE 5899 0 0 Amazon.com Inc. COMMON STOCK 023135106 947 1068 SH SOLE NONE 1068 0 0 American Express COMMON STOCK 025816109 1200 15169 SH SOLE NONE 15169 0 0 AmerisourceBergen Corporation COMMON STOCK 03073E105 4401 49730 SH SOLE NONE 49730 0 0 Anadarko Pete Corp COMMON STOCK 032511107 169 2725 SH SOLE NONE 2725 0 0 Anheuser-Busch InBev COMMON STOCK 035229103 258 2350 SH SOLE NONE 2350 0 0 Apollo Commercial Real Estate REIT 03762U105 560 29782 SH SOLE NONE 29782 0 0 Apple Computer COMMON STOCK 037833100 2398 16691 SH SOLE NONE 16691 0 0 AptarGroup Inc COMMON STOCK 038336103 115 1500 SH SOLE NONE 1500 0 0 Archer Daniels Midland COMMON STOCK 039483102 382 8300 SH SOLE NONE 8300 0 0 Armada Hoffler Properties, Inc REIT 04208T108 315 22700 SH SOLE NONE 22700 0 0 AT&T COMMON STOCK 00206R102 511 12301 SH SOLE NONE 12301 0 0 Automatic Data Processing COMMON STOCK 053015103 497 4850 SH SOLE NONE 4850 0 0 Avista Corp. COMMON STOCK 05379B107 185 4750 SH SOLE NONE 4750 0 0 B/E Aerospace Inc. COMMON STOCK 073302101 3106 48450 SH SOLE NONE 48450 0 0 Baldwin & Lyons Inc CL B COMMON STOCK 057755209 394 16100 SH SOLE NONE 16100 0 0 Ball Corp COMMON STOCK 058498106 2012 27098 SH SOLE NONE 27098 0 0 Bank of America COMMON STOCK 060505104 297 12600 SH SOLE NONE 12600 0 0 Bank of New York Mellon COMMON STOCK 064058100 2392 50656 SH SOLE NONE 50656 0 0 Bank of Nova Scotia COMMON STOCK 064149107 789 13478 SH SOLE NONE 13478 0 0 BCE Inc. COMMON STOCK 05534B760 485 10950 SH SOLE NONE 10950 0 0 Becton Dickinson Co COMMON STOCK 075887109 174 950 SH SOLE NONE 950 0 0 Berkshire Hathaway Cl A COMMON STOCK 084670108 5247 21 SH SOLE NONE 21 0 0 Berkshire Hathaway Cl B COMMON STOCK 084670702 10980 65876 SH SOLE NONE 65876 0 0 Black Diamond Inc. COMMON STOCK 09202G101 141 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 406 2295 SH SOLE NONE 2295 0 0 BP p.l.c. COMMON STOCK 055622104 283 8200 SH SOLE NONE 8200 0 0 Bristol Myers Squibb COMMON STOCK 110122108 1817 33414 SH SOLE NONE 33414 0 0 Brixmor Property Group Inc. REIT 11120U105 1028 47905 SH SOLE NONE 47905 0 0 Broadridge Financial Solutions COMMON STOCK 11133T103 194 2850 SH SOLE NONE 2850 0 0 Campbell Soup Company COMMON STOCK 134429109 417 7282 SH SOLE NONE 7282 0 0 Canadian National Railway Co. COMMON STOCK 136375102 325 4400 SH SOLE NONE 4400 0 0 Carriage Services COMMON STOCK 143905107 163 6000 SH SOLE NONE 6000 0 0 Central Fund of Canada Ltd. ETF/ETN 153501101 244 19000 SH SOLE NONE 19000 0 0 ChevronTexaco COMMON STOCK 166764100 1467 13666 SH SOLE NONE 13666 0 0 Cisco Systems COMMON STOCK 17275R102 567 16764 SH SOLE NONE 16764 0 0 City Office Reit Red PFD Ser A PREFERRED STOCK 178587200 264 10500 SH SOLE NONE 10500 0 0 Clorox Company COMMON STOCK 189054109 782 5801 SH SOLE NONE 5801 0 0 Coca-Cola Bottling COMMON STOCK 191098102 108 525 SH SOLE NONE 525 0 0 Coca-Cola Company COMMON STOCK 191216100 1027 24201 SH SOLE NONE 24201 0 0 Coca-Cola European Partners PL COMMON STOCK G25839104 380 10095 SH SOLE NONE 10095 0 0 Comcast Corporation COMMON STOCK 20030N101 1891 50300 SH SOLE NONE 50300 0 0 Conoco Phillips COMMON STOCK 718507106 102 2040 SH SOLE NONE 2040 0 0 Consolidated Edison COMMON STOCK 209115104 153 1967 SH SOLE NONE 1967 0 0 Corning Inc COMMON STOCK 219350105 167 6200 SH SOLE NONE 6200 0 0 Costco Wholesale COMMON STOCK 22160K105 1131 6744 SH SOLE NONE 6744 0 0 Deere & Company COMMON STOCK 244199105 573 5261 SH SOLE NONE 5261 0 0 Delta Air Lines Inc. COMMON STOCK 247361702 100 2185 SH SOLE NONE 2185 0 0 Diageo PLC COMMON STOCK 25243Q205 258 2235 SH SOLE NONE 2235 0 0 Dominion Resources COMMON STOCK 25746U109 669 8627 SH SOLE NONE 8627 0 0 Du Pont COMMON STOCK 263534109 2188 27240 SH SOLE NONE 27240 0 0 Duke Energy COMMON STOCK 264399106 211 2575 SH SOLE NONE 2575 0 0 Edwards Lifesciences COMMON STOCK 28176E108 188 2000 SH SOLE NONE 2000 0 0 Eli Lilly COMMON STOCK 532457108 143 1700 SH SOLE NONE 1700 0 0 Enbridge Inc COMMON STOCK 29250N105 146 3480 SH SOLE NONE 3480 0 0 EOG Resources COMMON STOCK 26875P101 102 1044 SH SOLE NONE 1044 0 0 Equity Residential REIT 29476L107 162 2600 SH SOLE NONE 2600 0 0 Eversource Energy COMMON STOCK 30040W108 956 16265 SH SOLE NONE 16265 0 0 Express Scripts Holding Co. COMMON STOCK 302182100 107 1621 SH SOLE NONE 1621 0 0 Exxon Mobil COMMON STOCK 30231G102 1576 19220 SH SOLE NONE 19220 0 0 Facebook Inc COMMON STOCK 30303M102 509 3586 SH SOLE NONE 3586 0 0 Fedex Corp COMMON STOCK 31428X106 927 4750 SH SOLE NONE 4750 0 0 Fiat Chrysler Automobiles N.V. COMMON STOCK N31738102 1149 105100 SH SOLE NONE 105100 0 0 Flexshares Quality Dividend In ETF/ETN 33939L860 429 10505 SH SOLE NONE 10505 0 0 Fomento Economico Mexicano COMMON STOCK 344419106 4187 47297 SH SOLE NONE 47297 0 0 Fresh Del Monte Produce Inc. COMMON STOCK G36738105 3747 63256 SH SOLE NONE 63256 0 0 Gabelli Global Sml & Md Cap PF ETF/ETN 36249W203 124 5000 SH SOLE NONE 5000 0 0 General American Investors Co. COMMON STOCK 368802104 202 6036 SH SOLE NONE 6036 0 0 General Electric COMMON STOCK 369604103 559 18750 SH SOLE NONE 18750 0 0 General Mills COMMON STOCK 370334104 3430 58119 SH SOLE NONE 58119 0 0 General Motors COMMON STOCK 37045V100 391 11053 SH SOLE NONE 11053 0 0 Genuine Parts COMMON STOCK 372460105 1218 13180 SH SOLE NONE 13180 0 0 GlaxoSmithKline Plc Adr COMMON STOCK 37733W105 133 3150 SH SOLE NONE 3150 0 0 Hasbro COMMON STOCK 418056107 324 3250 SH SOLE NONE 3250 0 0 Helmerich & Payne COMMON STOCK 423452101 303 4550 SH SOLE NONE 4550 0 0 Highwoods Properties Inc. REIT 431284108 737 15000 SH SOLE NONE 15000 0 0 Home Depot COMMON STOCK 437076102 983 6697 SH SOLE NONE 6697 0 0 Honeywell Intl. COMMON STOCK 438516106 2387 19116 SH SOLE NONE 19116 0 0 Host Hotels & Resorts, Inc. REIT 44107P104 1293 69315 SH SOLE NONE 69315 0 0 Houston Wire & Cable Company COMMON STOCK 44244K109 78 11500 SH SOLE NONE 11500 0 0 Humana Inc. COMMON STOCK 444859102 524 2540 SH SOLE NONE 2540 0 0 Imperial Oil Ltd. COMMON STOCK 453038408 600 19676 SH SOLE NONE 19676 0 0 Ingles Markets, Inc. COMMON STOCK 457030104 1579 36601 SH SOLE NONE 36601 0 0 Intel COMMON STOCK 458140100 952 26381 SH SOLE NONE 26381 0 0 Intl Paper Co. COMMON STOCK 460146103 3508 69082 SH SOLE NONE 69082 0 0 Investors Title COMMON STOCK 461804106 886 5602 SH SOLE NONE 5602 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 968 22990 SH SOLE NONE 22990 0 0 iShares Global Telecom Fd ETF/ETN 464287275 1583 26617 SH SOLE NONE 26617 0 0 iShares Hong Kong Index Fd ETF/ETN 464286871 144 6475 SH SOLE NONE 6475 0 0 iShares MSCI EAFE Minimum Vola ETF/ETN 46429B689 6835 103555 SH SOLE NONE 103555 0 0 iShares MSCI Emerging Markets ETF/ETN 464286533 173 3236 SH SOLE NONE 3236 0 0 iShares Russell 1000 ETF/ETN 464287622 273 2081 SH SOLE NONE 2081 0 0 iShares Russell 1000 Growth In ETF/ETN 464287614 183 1606 SH SOLE NONE 1606 0 0 iShares Russell 1000 Value Ind ETF/ETN 464287598 320 2781 SH SOLE NONE 2781 0 0 iShares Russell Mid-Cap Index ETF/ETN 464287499 257 1374 SH SOLE NONE 1374 0 0 iShares Russell Midcap Value I ETF/ETN 464287473 360 4334 SH SOLE NONE 4334 0 0 iShares Tr Russell 2000 Index ETF/ETN 464287655 111 807 SH SOLE NONE 807 0 0 iShares US Preferred Stock ETF/ETN 464288687 103 2662 SH SOLE NONE 2662 0 0 ITT Inc. COMMON STOCK 45073V108 1040 25349 SH SOLE NONE 25349 0 0 J P Morgan Chase COMMON STOCK 46625H100 1447 16477 SH SOLE NONE 16477 0 0 JM Smucker COMMON STOCK 832696405 358 2730 SH SOLE NONE 2730 0 0 John Bean Technologies COMMON STOCK 477839104 2249 25574 SH SOLE NONE 25574 0 0 Johnson & Johnson COMMON STOCK 478160104 4116 33048 SH SOLE NONE 33048 0 0 Kimberly Clark COMMON STOCK 494368103 2399 18228 SH SOLE NONE 18228 0 0 Kite Realty Group Trust REIT 49803T300 181 8400 SH SOLE NONE 8400 0 0 Kraft Heinz Co. COMMON STOCK 500754106 291 3201 SH SOLE NONE 3201 0 0 Kroger COMMON STOCK 501044101 7435 252136 SH SOLE NONE 252136 0 0 Laboratory Corp of America Hol COMMON STOCK 50540R409 947 6600 SH SOLE NONE 6600 0 0 Liberty Global Inc. COMMON STOCK G5480U104 109 3045 SH SOLE NONE 3045 0 0 Luxfer Holdings PLC COMMON STOCK 550678106 128 10500 SH SOLE NONE 10500 0 0 Marathon Petroleum Corp COMMON STOCK 56585A102 984 19473 SH SOLE NONE 19473 0 0 Marcus Corp COMMON STOCK 566330106 473 14745 SH SOLE NONE 14745 0 0 MartenTransport Ltd. COMMON STOCK 573075108 496 21140 SH SOLE NONE 21140 0 0 Matson Navigation Co. COMMON STOCK 57686G105 737 23220 SH SOLE NONE 23220 0 0 MDU Resources Group Inc. COMMON STOCK 552690109 185 6775 SH SOLE NONE 6775 0 0 Merck & Co Inc COMMON STOCK 58933Y105 1903 29944 SH SOLE NONE 29944 0 0 Microsoft COMMON STOCK 594918104 5162 78378 SH SOLE NONE 78378 0 0 Mid-America Apartment Communit REIT 59522J103 570 5600 SH SOLE NONE 5600 0 0 Mine Safety Appliances COMMON STOCK 602720104 353 5000 SH SOLE NONE 5000 0 0 Molson Coors Brewing Company COMMON STOCK 60871R209 3020 31556 SH SOLE NONE 31556 0 0 Mondelez International Inc. COMMON STOCK 609207105 393 9114 SH SOLE NONE 9114 0 0 Multi Color Corp. COMMON STOCK 625383104 643 9051 SH SOLE NONE 9051 0 0 NBT Bancorp Inc COMMON STOCK 628778102 371 10000 SH SOLE NONE 10000 0 0 New York Times COMMON STOCK 650111107 216 15000 SH SOLE NONE 15000 0 0 NextEra Energy Inc New COMMON STOCK 65339F101 371 2888 SH SOLE NONE 2888 0 0 Nike, Inc. COMMON STOCK 654106103 1801 32322 SH SOLE NONE 32322 0 0 Nordstrom Inc. COMMON STOCK 655664100 3741 80323 SH SOLE NONE 80323 0 0 Norfolk Southern Crp COMMON STOCK 655844108 429 3830 SH SOLE NONE 3830 0 0 Northrop Grumman Corp. COMMON STOCK 666807102 5208 21897 SH SOLE NONE 21897 0 0 Northwest Natural Gas COMMON STOCK 667655104 1002 16957 SH SOLE NONE 16957 0 0 Novartis AG Adr COMMON STOCK 66987V109 3178 42794 SH SOLE NONE 42794 0 0 NTT Docomo Inc. ADR COMMON STOCK 62942M201 126 5400 SH SOLE NONE 5400 0 0 Nuveen CA Muni Advantage Fund ETF/ETN 67066Y105 144 10000 SH SOLE NONE 10000 0 0 Oracle COMMON STOCK 68389X105 295 6604 SH SOLE NONE 6604 0 0 Park City Group Inc. COMMON STOCK 700215304 228 18450 SH SOLE NONE 18450 0 0 Pepsico, Inc. COMMON STOCK 713448108 6100 54530 SH SOLE NONE 54530 0 0 Pfizer Inc. COMMON STOCK 717081103 1236 36125 SH SOLE NONE 36125 0 0 Philip Morris Intl COMMON STOCK 718172109 310 2745 SH SOLE NONE 2745 0 0 Pimco ETF Short Maturity Str ETF/ETN 72201R833 2155 21200 SH SOLE NONE 21200 0 0 Portland Gen Elec Co COMMON STOCK 736508847 952 21440 SH SOLE NONE 21440 0 0 Potlatch Corp COMMON STOCK 737630103 457 10001 SH SOLE NONE 10001 0 0 PowerShares FTSE RAFI US 1000 ETF/ETN 73935X583 6808 66436 SH SOLE NONE 66436 0 0 Powershares High Yld Corp Bond ETF/ETN 73936T557 2683 142631 SH SOLE NONE 142631 0 0 PowerShares QQQ ETF/ETN 631100104 426 3216 SH SOLE NONE 3216 0 0 PPL Corp. COMMON STOCK 69351T106 1221 32667 SH SOLE NONE 32667 0 0 Procter & Gamble COMMON STOCK 742718109 1294 14398 SH SOLE NONE 14398 0 0 ProLogis COMMON STOCK 743410102 545 10500 SH SOLE NONE 10500 0 0 Quest Diagnostics Inc. COMMON STOCK 74834L100 221 2250 SH SOLE NONE 2250 0 0 Radisys Corp. COMMON STOCK 750459109 60 15000 SH SOLE NONE 15000 0 0 Rayonier REIT 754907103 1696 59860 SH SOLE NONE 59860 0 0 Raytheon COMMON STOCK 755111507 1246 8170 SH SOLE NONE 8170 0 0 Rush Enterprises Cl B COMMON STOCK 781846308 158 5065 SH SOLE NONE 5065 0 0 Ryder System, Inc. COMMON STOCK 783549108 1026 13595 SH SOLE NONE 13595 0 0 S & P 500 Index Fund ETF/ETN 78462F103 1578 6692 SH SOLE NONE 6692 0 0 Scana Corp New COMMON STOCK 80589M102 346 5288 SH SOLE NONE 5288 0 0 Schlumberger Limited COMMON STOCK 806857108 743 9520 SH SOLE NONE 9520 0 0 Seaboard Corp. COMMON STOCK 811543107 955 229 SH SOLE NONE 229 0 0 Sealed Air Corp New COMMON STOCK 81211K100 2165 49674 SH SOLE NONE 49674 0 0 Shiloh Industries Inc. COMMON STOCK 824543102 143 10500 SH SOLE NONE 10500 0 0 Signet Jewelers Limited COMMON STOCK G81276100 500 7215 SH SOLE NONE 7215 0 0 Sonoco Products COMMON STOCK 835495102 2254 42584 SH SOLE NONE 42584 0 0 Southern Co COMMON STOCK 842587107 188 3770 SH SOLE NONE 3770 0 0 Southwest Air COMMON STOCK 844741108 284 5280 SH SOLE NONE 5280 0 0 SPDR S&P Dividend ETF ETF/ETN 78464A763 129 1460 SH SOLE NONE 1460 0 0 Starbucks COMMON STOCK 855244109 999 17108 SH SOLE NONE 17108 0 0 Starwood Ppty Trust, Inc. REIT 85571B105 517 22900 SH SOLE NONE 22900 0 0 Streettracks Gold Shrs ETF/ETN 78463V107 1572 13238 SH SOLE NONE 13238 0 0 Stryker Corp COMMON STOCK 863667101 3548 26954 SH SOLE NONE 26954 0 0 T Rowe Price Group, Inc. COMMON STOCK 74144T108 134 1960 SH SOLE NONE 1960 0 0 Texas Instruments COMMON STOCK 882508104 117 1450 SH SOLE NONE 1450 0 0 The GEO Group, Inc REIT 36162J106 475 10240 SH SOLE NONE 10240 0 0 Time Warner Inc COMMON STOCK 887317303 147 1500 SH SOLE NONE 1500 0 0 Tompkins Financial Corp COMMON STOCK 890110109 137 1700 SH SOLE NONE 1700 0 0 Travelers Cos Inc. COMMON STOCK 89417E109 289 2395 SH SOLE NONE 2395 0 0 Trustco Bk Corp Ny COMMON STOCK 898349105 181 23000 SH SOLE NONE 23000 0 0 Twenty-First Century Fox, Cl A COMMON STOCK 90130A101 292 9019 SH SOLE NONE 9019 0 0 Twenty-First Century Fox, Cl B COMMON STOCK 90130A200 575 18100 SH SOLE NONE 18100 0 0 UGI Corp COMMON STOCK 902681105 1447 29295 SH SOLE NONE 29295 0 0 Unilever PLC COMMON STOCK 904767704 1279 25930 SH SOLE NONE 25930 0 0 Union Pacific Corporation COMMON STOCK 907818108 5554 52436 SH SOLE NONE 52436 0 0 United Technologies Corp. COMMON STOCK 913017109 2015 17953 SH SOLE NONE 17953 0 0 Unitedhealth Group COMMON STOCK 91324P102 392 2390 SH SOLE NONE 2390 0 0 Urstadt Biddle Pptys COMMON STOCK 917286106 946 55066 SH SOLE NONE 55066 0 0 Urstadt Biddle Pptys 6.75 12/ PREFERRED STOCK 917286809 509 19775 SH SOLE NONE 19775 0 0 Urstadt Biddle Pptys Inc Cl A COMMON STOCK 917286205 1418 68964 SH SOLE NONE 68964 0 0 Urstadt Biddle Pptys Inc Pfd S PREFERRED STOCK 917286700 676 26050 SH SOLE NONE 26050 0 0 US Bancorp COMMON STOCK 902973304 4780 92818 SH SOLE NONE 92818 0 0 V F Corp COMMON STOCK 918204108 170 3100 SH SOLE NONE 3100 0 0 Vanguard Consumer Staples ETF ETF/ETN 92204A207 225 1600 SH SOLE NONE 1600 0 0 Vanguard Energy ETF ETF/ETN 92204A306 5979 61824 SH SOLE NONE 61824 0 0 Vanguard Extended Mkt ETF ETF/ETN 922908652 2399 24018 SH SOLE NONE 24018 0 0 Vanguard Financials ETF ETF/ETN 92204A405 1571 25983 SH SOLE NONE 25983 0 0 Vanguard Global ex-US Real Est ETF/ETN 922042676 253 4750 SH SOLE NONE 4750 0 0 Vanguard Growth ETF ETF/ETN 922908736 285 2344 SH SOLE NONE 2344 0 0 Vanguard Health Care ETF ETF/ETN 92204A504 1606 11650 SH SOLE NONE 11650 0 0 Vanguard High Dividend Yield I ETF/ETN 921946406 16799 216345 SH SOLE NONE 216345 0 0 Vanguard Information Technolog ETF/ETN 92204A702 11176 82398 SH SOLE NONE 82398 0 0 Vanguard Intermediate-Term Cor ETF/ETN 92206C870 808 9355 SH SOLE NONE 9355 0 0 Vanguard Mega Cap ETF ETF/ETN 921910873 2995 37131 SH SOLE NONE 37131 0 0 Vanguard Mid-Cap Value ETF ETF/ETN 922908512 722 7080 SH SOLE NONE 7080 0 0 Vanguard REIT ETF ETF/ETN 922908553 2710 32815 SH SOLE NONE 32815 0 0 Vanguard S&P 500 ETF ETF/ETN 922908363 8009 37020 SH SOLE NONE 37020 0 0 Vanguard Short Term Bond ETF ETF/ETN 921937827 686 8600 SH SOLE NONE 8600 0 0 Vanguard Small Cap Value ETF ETF/ETN 922908611 3020 24579 SH SOLE NONE 24579 0 0 Vanguard Total Stock Mkt ETF ETF/ETN 922908769 27693 228267 SH SOLE NONE 228267 0 0 Vanguard Total World Stk Index ETF/ETN 922042742 3272 50170 SH SOLE NONE 50170 0 0 Vanguard Utilities ETF ETF/ETN 92204A876 1568 13924 SH SOLE NONE 13924 0 0 Vanguard Value ETF ETF/ETN 922908744 170 1785 SH SOLE NONE 1785 0 0 Vectren Corp COMMON STOCK 92240G101 1221 20833 SH SOLE NONE 20833 0 0 Ventas Inc. COMMON STOCK 92276F100 325 5000 SH SOLE NONE 5000 0 0 VeriFone Systems, Inc. COMMON STOCK 92342Y109 435 23220 SH SOLE NONE 23220 0 0 Verizon Communications COMMON STOCK 92343V104 3153 64681 SH SOLE NONE 64681 0 0 Visa Inc COMMON STOCK 92826C839 555 6242 SH SOLE NONE 6242 0 0 Vodafone Group PLC COMMON STOCK 92857W100 1003 37968 SH SOLE NONE 37968 0 0 Wabash National Corp. COMMON STOCK 929566107 2212 106925 SH SOLE NONE 106925 0 0 Wal-Mart Stores COMMON STOCK 931142103 1591 22073 SH SOLE NONE 22073 0 0 Walt Disney Co. COMMON STOCK 254687106 4024 35489 SH SOLE NONE 35489 0 0 Waste Management COMMON STOCK 94106L109 904 12400 SH SOLE NONE 12400 0 0 Wells Fargo & Co COMMON STOCK 949746101 1343 24128 SH SOLE NONE 24128 0 0 Weyerhaeuser REIT 962166104 2422 71264 SH SOLE NONE 71264 0 0 Whirlpool Corp COMMON STOCK 963320106 1186 6920 SH SOLE NONE 6920 0 0 WisdomTree DEFA ETF ETF/ETN 97717W703 3643 73255 SH SOLE NONE 73255 0 0 WisdomTree Emerging Mkts Small ETF/ETN 97717W281 3081 68649 SH SOLE NONE 68649 0 0 Xylem Inc COMMON STOCK 98419M100 389 7748 SH SOLE NONE 7748 0 0 Zimmer Biomet Holdings, Inc. COMMON STOCK 98956P102 181 1480 SH SOLE NONE 1480 0 0