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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 SCHWAB INTERNATIONAL EQUITY ETF 6,419 202 0.06%
2 SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF 5,925 221 0.07%
3 ISHARES RUSSELL 2000 VALUE ETF 2,608 263 0.08%
4 VANGUARD WHITEHALL FDS INC 4,135 323 0.10%
5 ISHARES TR 10,262 421 0.13%
6 SCHWAB US TIPS ETF 8,654 467 0.14%
7 SCHWAB U.S. SMALL-CAP ETF 8,918 478 0.14%
8 WISDOMTREE TR 11,107 509 0.15%
9 BARCLAYS BK PLC 8,454 513 0.16%
10 SCHWAB US DIVIDEND EQUITY ETF 14,736 543 0.16%
11 ISHARES TR 3YRTB ETF 5,700 546 0.17%
12 ISHARES TR 8,439 652 0.20%
13 SPDR INDEX SHS FDS 18,500 704 0.21%
14 ISHARES TR 7,600 782 0.24%
15 SPDR INDEX SHS FDS 16,510 802 0.24%
16 Van Eck 27,835 823 0.25%
17 ISHARES 20 YEAR TREASURY BOND ETF 7,624 832 0.25%
18 ISHARES TR 11,233 1,203 0.36%
19 S&P Developed Ex-U.S. Property Index Fund 35,343 1,287 0.39%
20 VANGUARD WHITEHALL FDS 20,585 1,299 0.39%
21 CLAYMORE EXCHANGE TRD FD 57,876 1,453 0.44%
22 ISHARES TR 12,400 1,497 0.45%
23 ISHARES TR 14,410 1,615 0.49%
24 ISHARES 7-10 YEAR TREASURY BOND ETF 15,893 1,617 0.49%
25 VANGUARD INDEX FDS 21,278 1,662 0.50%
26 ISHARES S&P GSCI COMMODITY I 52,337 1,726 0.52%
27 POWERSHARES INDIA ETF TR 100,100 1,871 0.57%
28 WISDOMTREE TR 99,630 1,889 0.57%
29 ISHARES INC 39,500 1,939 0.59%
30 VANGUARD SCOTTSDALE FDS 22,556 1,968 0.60%
31 ISHARES TR 60,696 2,172 0.66%
32 SCHWAB EMERGING MARKETS EQUITY ETF 97,159 2,364 0.72%
33 ISHARES TR 23,394 2,736 0.83%
34 VANGUARD INDEX FDS 29,397 2,748 0.83%
35 SPDR SERIES TRUST 48,861 2,901 0.88%
36 VANGUARD INTL EQUITY INDEX F 62,643 3,152 0.95%
37 SCHWAB INTERMEDIATE-TERM US TREASURY ETF 61,159 3,214 0.97%
38 RYDEX ETF TRUST 51,877 3,787 1.15%
39 ISHARES TR 67,215 4,517 1.37%
40 ISHARES TR 115,875 4,523 1.37%
41 ISHARES TR 48,383 4,669 1.41%
42 SCHWAB SHORT-TERM US TREASURY ETF 102,355 5,174 1.57%
43 ISHARES TR 62,308 5,392 1.63%
44 VANGUARD INDEX FDS 32,011 5,485 1.66%
45 WISDOMTREE TR 84,632 5,945 1.80%
46 VANGUARD LONG TERM BOND ETF 69,455 6,024 1.82%
47 ISHARES TR 73,946 6,245 1.89%
48 ISHARES COHEN & STEERS REIT ETF 76,062 6,255 1.89%
49 ISHARES TR 39,781 7,484 2.27%
50 KAYNE ANDERSON MLP INVT CO 239,037 8,775 2.66%
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