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Institutional Investment Manager
VALLEY NATIONAL ADVISERS INC
VALLEY NATIONAL ADVISERS INC (CIK: 0000773411) incorporated in Pennsylvania, located at 1655 Valley Center Parkway, Bethlehem, PA. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Portfolio Summary: 612 holdings with a total value of $169,777,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 ISHARES TR 3,942 390,000 0.23%
102 SCHWAB STRATEGIC TR 12,324 382,000 0.23%
103 SCHWAB U.S. LARGE-CAP GROWTH ETF 6,744 363,000 0.21%
104 DOMINION ENERGY INC 5,112 362,000 0.21%
105 INGERSOLL-RAND PLC 4,850 330,000 0.19%
106 UNITED TECHNOLOGIES CORP 2,794 327,000 0.19%
107 ALTRIA GROUP INC 6,539 327,000 0.19%
108 DISNEY WALT CO 3,088 324,000 0.19%
109 SPDR SER TR 4,095 324,000 0.19%
110 PFIZER INC 9,265 322,000 0.19%
111 NATL PENN BANCSHARES INC 28,715 309,000 0.18%
112 ISHARES TR 2,910 308,000 0.18%
113 FULTON FINL CORP PA 22,717 280,000 0.16%
114 EATON CORP PLC 3,814 259,000 0.15%
115 SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF 8,593 259,000 0.15%
116 BRISTOL MYERS SQUIBB CO 3,789 244,000 0.14%
117 ENTERPRISE PRODS PARTNERS L 6,961 229,000 0.13%
118 VANGUARD INDEX FDS 2,070 226,000 0.13%
119 VANGUARD ADMIRAL FDSINC S&P SMALLCAP 600VALUE INDEX FD ETF SHS 2,188 224,000 0.13%
120 CATERPILLAR INC 2,747 220,000 0.13%
121 VANGUARD INDEX FDS 1,665 219,000 0.13%
122 ISHARES TR 1,885 208,000 0.12%
123 FACEBOOK INC 2,403 198,000 0.12%
124 JPMORGAN CHASE & CO 3,221 195,000 0.11%
125 SUNOCO LOGISTICS PRTNRS L P 4,610 191,000 0.11%
126 CISCO SYS INC 6,845 188,000 0.11%
127 MICROSOFT CORP 4,322 176,000 0.10%
128 UGI CORP NEW 5,374 175,000 0.10%
129 WISDOMTREE TR 3,314 172,000 0.10%
130 BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 10,640 171,000 0.10%
131 KRAFT HEINZ CO COM 1,955 170,000 0.10%
132 VANGUARD BD INDEX FDS 1,957 169,000 0.10%
133 SPDR BLOOMBERG EMERGING MARKETS LOCAL BOND ETF 6,192 169,000 0.10%
134 MONDELEZ INTL INC 4,620 167,000 0.10%
135 SCHWAB STRATEGIC TRUST SCHWAB FUNDAMENTAL EMERG 6,826 161,000 0.09%
136 ISHARES TR 5,725 160,000 0.09%
137 ISHARES TR 1,193 156,000 0.09%
138 GILEAD SCIENCES INC 1,583 155,000 0.09%
139 TIME WARNER INC 1,837 155,000 0.09%
140 SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF 4,939 154,000 0.09%
141 INTEL CORP 4,908 153,000 0.09%
142 BOEING CO 1,007 151,000 0.09%
143 FIRST TR EXCHANGE TRADED FD 2,333 151,000 0.09%
144 VANGUARD WORLD FD 1,370 150,000 0.09%
145 ISHARES TR 1,224 146,000 0.09%
146 PRUDENTIAL FINL INC 1,815 146,000 0.09%
147 VANGUARD INDEX FDS 1,692 143,000 0.08%
148 GRACO INC 1,952 141,000 0.08%
149 ISHARES TR 4,415 126,000 0.07%
150 BUCKEYE PARTNERS L P 1,639 124,000 0.07%
Page 3 of 13

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000773411-15-000004, filed 2015.05.01).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.