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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 (2014Q4)
Original 13F HR (0001085146-15-000107) filed in 2015.01.15
#
Name
Shares
Value ($)
%
Options
Notes
1 BARCLAYS BK PLC 8,294 578 0.17%
2 CLAYMORE EXCHANGE TRD FD 57,876 1,603 0.46%
3 ISHARES 20 YEAR TREASURY BOND ETF 7,624 960 0.28%
4 ISHARES 7-10 YEAR TREASURY BOND ETF 15,893 1,684 0.49%
5 ISHARES COHEN & STEERS REIT ETF 75,277 7,290 2.11%
6 ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF 260,099 23,305 6.74%
7 ISHARES RUSSELL 2000 VALUE ETF 2,548 259 0.07%
8 ISHARES S&P GSCI COMMODITY I 82,337 1,777 0.51%
9 ISHARES TR 56,041 2,332 0.67%
10 ISHARES TR 39,381 8,147 2.36%
11 ISHARES TR 207,066 22,802 6.59%
12 ISHARES TR 10,262 403 0.12%
13 ISHARES TR 23,106 2,759 0.80%
14 ISHARES TR 52,591 4,441 1.28%
15 ISHARES TR 66,515 4,047 1.17%
16 ISHARES TR 69,745 10,099 2.92%
17 ISHARES TR 48,383 5,051 1.46%
18 ISHARES TR 62,276 5,954 1.72%
19 ISHARES TR 85,601 9,764 2.82%
20 ISHARES TR 7,600 736 0.21%
21 ISHARES TR 11,957 1,319 0.38%
22 ISHARES TR 12,400 1,517 0.44%
23 ISHARES TR 11,432 451 0.13%
24 ISHARES TR 7,131 549 0.16%
25 ISHARES TR 180,363 14,321 4.14%
26 ISHARES TR 14,410 1,614 0.47%
27 ISHARES TR 3YRTB ETF 5,700 482 0.14%
28 KAYNE ANDERSON MLP INVT CO 302,030 11,532 3.33%
29 PIMCO 1-5 YEAR U.S. TIPS INDEX EXCHANGE-TRADED FUND 213,420 11,040 3.19%
30 POWERSHARES ETF TR II 489,395 9,201 2.66%
31 POWERSHARES INDIA ETF TR 100,100 2,101 0.61%
32 RYDEX ETF TRUST 70,699 5,659 1.64%
33 S&P Developed Ex-U.S. Property Index Fund 35,612 1,290 0.37%
34 SCHWAB INTERMEDIATE-TERM US TREASURY ETF 61,159 3,278 0.95%
35 SCHWAB SHORT-TERM US TREASURY ETF 102,360 5,177 1.50%
36 SCHWAB U.S. SMALL-CAP ETF 8,725 481 0.14%
37 SCHWAB US AGGREGATE BOND ETF 5,040 264 0.08%
38 SCHWAB US DIVIDEND EQUITY ETF 14,736 587 0.17%
39 SCHWAB US TIPS ETF 8,654 469 0.14%
40 SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF 5,925 204 0.06%
41 SPDR INDEX SHS FDS 5,710 240 0.07%
42 SPDR SERIES TRUST 44,785 1,729 0.50%
43 SPDR SERIES TRUST 49,244 2,725 0.79%
44 VANGUARD BD INDEX FDS 517,372 42,616 12.32%
45 VANGUARD INDEX FDS 29,262 3,055 0.88%
46 VANGUARD INDEX FDS 109,463 12,770 3.69%
47 VANGUARD INDEX FDS 51,125 9,632 2.78%
48 VANGUARD INDEX FDS 93,216 11,518 3.33%
49 VANGUARD INDEX FDS 21,538 1,820 0.53%
50 VANGUARD INTL EQUITY INDEX F 200,637 9,402 2.72%
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