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Institutional Investment Manager
Twele Capital Management, Inc.
Twele Capital Management, Inc. (CIK: 0001411268) incorporated in Minnesota, located at 5601 Smetana Drive, Suite 707, Minnetonka, MN. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q1)
Original 13F HR (0001085146-14-000819) filed in 2014.04.09
#
Name
Shares
Value ($)
%
Options
Notes
1 BARCLAYS BK PLC 8,454 513 0.16%
2 CLAYMORE EXCHANGE TRD FD 57,876 1,453 0.44%
3 ISHARES 20 YEAR TREASURY BOND ETF 7,624 832 0.25%
4 ISHARES 7-10 YEAR TREASURY BOND ETF 15,893 1,617 0.49%
5 ISHARES COHEN & STEERS REIT ETF 76,062 6,255 1.89%
6 ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF 242,647 22,903 6.94%
7 ISHARES INC 39,500 1,939 0.59%
8 ISHARES RUSSELL 2000 VALUE ETF 2,608 263 0.08%
9 ISHARES S&P GSCI COMMODITY I 52,337 1,726 0.52%
10 ISHARES TR 23,394 2,736 0.83%
11 ISHARES TR 10,262 421 0.13%
12 ISHARES TR 73,946 6,245 1.89%
13 ISHARES TR 67,215 4,517 1.37%
14 ISHARES TR 70,320 9,667 2.93%
15 ISHARES TR 207,254 22,365 6.77%
16 ISHARES TR 48,383 4,669 1.41%
17 ISHARES TR 62,308 5,392 1.63%
18 ISHARES TR 39,781 7,484 2.27%
19 ISHARES TR 85,791 9,449 2.86%
20 ISHARES TR 7,600 782 0.24%
21 ISHARES TR 8,439 652 0.20%
22 ISHARES TR 181,190 13,285 4.02%
23 ISHARES TR 11,233 1,203 0.36%
24 ISHARES TR 60,696 2,172 0.66%
25 ISHARES TR 14,410 1,615 0.49%
26 ISHARES TR 12,400 1,497 0.45%
27 ISHARES TR 115,875 4,523 1.37%
28 ISHARES TR 3YRTB ETF 5,700 546 0.17%
29 KAYNE ANDERSON MLP INVT CO 239,037 8,775 2.66%
30 PIMCO 1-5 YEAR U.S. TIPS INDEX EXCHANGE-TRADED FUND 286,290 15,156 4.59%
31 POWERSHARES ETF TR II 455,601 8,848 2.68%
32 POWERSHARES INDIA ETF TR 100,100 1,871 0.57%
33 RYDEX ETF TRUST 51,877 3,787 1.15%
34 S&P Developed Ex-U.S. Property Index Fund 35,343 1,287 0.39%
35 SCHWAB EMERGING MARKETS EQUITY ETF 97,159 2,364 0.72%
36 SCHWAB INTERMEDIATE-TERM US TREASURY ETF 61,159 3,214 0.97%
37 SCHWAB INTERNATIONAL EQUITY ETF 6,419 202 0.06%
38 SCHWAB SHORT-TERM US TREASURY ETF 102,355 5,174 1.57%
39 SCHWAB U.S. SMALL-CAP ETF 8,918 478 0.14%
40 SCHWAB US DIVIDEND EQUITY ETF 14,736 543 0.16%
41 SCHWAB US TIPS ETF 8,654 467 0.14%
42 SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF 5,925 221 0.07%
43 SPDR INDEX SHS FDS 18,500 704 0.21%
44 SPDR INDEX SHS FDS 16,510 802 0.24%
45 SPDR SERIES TRUST 48,861 2,901 0.88%
46 VANGUARD BD INDEX FDS 497,047 40,355 12.22%
47 VANGUARD INDEX FDS 29,397 2,748 0.83%
48 VANGUARD INDEX FDS 80,466 9,089 2.75%
49 VANGUARD INDEX FDS 32,011 5,485 1.66%
50 VANGUARD INDEX FDS 108,380 12,310 3.73%
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