The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
iShares MSCI Emerging Markets ETF MSCI EMG MKT ETF 464287234 6,836 141,598 SH   SOLE   0 0 141,598
iShares MSCI EAFE ETF MSCI EAFE ETF 464287465 36,589 525,106 SH   SOLE   0 0 525,106
SPDR S&P International Small Cap ETF S&P INTL SMLCP 78463X871 805 22,745 SH   SOLE   0 0 22,745
iShares iBoxx $ High Yield Corp Bd ETF IBOXX HI YD ETF 464288513 275 3,214 SH   SOLE   0 0 3,214
iShares Cohen & Steers REIT ETF COHEN&STEER REIT 464287564 113 1,209 SH   SOLE   0 0 1,209
iShares Core MSCI Emerging Markets ETF CORE MSCI EMKT 46434G103 2,005 34,330 SH   SOLE   0 0 34,330
iShares Core S&P Small-Cap ETF CORE S&P SCP ETF 464287804 8,365 108,625 SH   SOLE   0 0 108,625
JPMorgan Diversified Alternative ETF DIVERSIFIED ET 46641Q803 979 38,714 SH   SOLE   0 0 38,714
SPDR S&P MidCap 400 ETF UTSER1 S&PDCRP 78467Y107 3,484 10,196 SH   SOLE   0 0 10,196
SPDR Nuveen Blmbg Barclays ST MunBd ETF NUVN BR SHT MUNI 78468R739 39,866 833,667 SH   SOLE   0 0 833,667
iShares 1-3 Year Treasury Bond ETF 1-3YRTRBDETF 464287457 25,040 299,667 SH   SOLE   0 0 299,667
SPDR S&P 500 ETF TR UNIT 78462F103 98,868 375,711 SH   SOLE   0 0 375,711
iShares TIPS Bond ETF TIPS BD ETF 464287176 243 2,153 SH   SOLE   0 0 2,153
Vanguard FTSE All-Wld ex-US SmCp ETF FTSE SMCAP ETF 922042718 7,256 60,854 SH   SOLE   0 0 60,854