<SEC-DOCUMENT>0000810972-13-000001.txt : 20130103
<SEC-HEADER>0000810972-13-000001.hdr.sgml : 20130103
<ACCEPTANCE-DATETIME>20130103163635
ACCESSION NUMBER: 0000810972-13-000001
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20130103
DATE AS OF CHANGE: 20130103
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: BAIRD ROBERT W & CO INC /WI/
CENTRAL INDEX KEY: 0000810972
IRS NUMBER: 396037917
STATE OF INCORPORATION: WI
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-77957
FILM NUMBER: 13507260
BUSINESS ADDRESS:
STREET 1: PO BOX 672
CITY: MILWAUKEE
STATE: WI
ZIP: 53201
BUSINESS PHONE: 4147653500
MAIL ADDRESS:
STREET 1: PO BOX 672
CITY: MILWAUKEE
STATE: WI
ZIP: 53201
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: BAIRD ROBERT W & CO INC /WI/
CENTRAL INDEX KEY: 0000810972
IRS NUMBER: 396037917
STATE OF INCORPORATION: WI
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: PO BOX 672
CITY: MILWAUKEE
STATE: WI
ZIP: 53201
BUSINESS PHONE: 4147653500
MAIL ADDRESS:
STREET 1: PO BOX 672
CITY: MILWAUKEE
STATE: WI
ZIP: 53201
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>ALFASC13GA.txt
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
AlphaClone Alternative Alpha ETF, a series of ETF Series Solutions
(Name of Issuer)
Shares of Beneficial Interests
(Title of Class of Securities)
26922A305
(CUSIP Number)
December 31, 2012
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
persons initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosure provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be filed for the purpose of Section 18 of the Securities Exchange
Act of 1934 (Act) or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP No. 26922A305
______________________________________________________________________________
1. Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Robert W. Baird & Co. Incorporated
39-6037917
______________________________________________________________________________
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
______________________________________________________________________________
3. SEC Use Only
______________________________________________________________________________
4. Citizenship or Place of Organization
Wisconsin
______________________________________________________________________________
5. Sole Voting Power 51,954
6. Shared Voting Power 0
7. Sole Dispositive Power 51,954
8. Shared Dispositive Power 0
______________________________________________________________________________
9. Aggregate Amount Beneficially Owned by Each Reporting Person 51,954
______________________________________________________________________________
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
______________________________________________________________________________
11. Percent of Class Represented by Amount in Row (9) 20.8%
______________________________________________________________________________
12. Type of Reporting Person (See Instructions) IA
______________________________________________________________________________
Item 1.
(a) Name of Issuer:
AlphaClone Alternative Alpha ETF, a series of ETF Series Solutions
(b) Address of Issuers Principal Executive Offices:
615 East Michigan Street
Milwaukee, Wisconsin 53202
Item 2.
(a) Name of Person Filing:
Robert W. Baird & Co. Incorporated
(b) Address of Principal Business Office or, if none, Residence:
777 East Wisconsin Avenue
Milwaukee, Wisconsin 53202
(c) Citizenship:
Wisconsin corporation
(d) Title of Class of Securities:
Shares of Beneficial Interests
(e) CUSIP Number:
26922A305
Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b)
or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C.
78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15
U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the Investment
Company Act (15 U.S.C. 80a-8).
(e) [X] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
(f) [ ] An employee benefit plan or endowment fund in accordance with
240.13d-1(b)(1)(ii)(F).
(g) [ ] A parent holding company or control plan, in accordance with
240.13d-1(b)(1)(ii)(G). (Note: See Item 7).
(h) [ ] A savings association as defined in section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813).
(i) [ ] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3)
(j) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
(a) Amount Beneficially Owned:
51,954. All 51,954 Shares of Beneficial Interests (Shares) are
ultimately owned by certain individual and institutional clients for which
Robert W. Baird & Co. Incorporated (Baird) serves as investment advisor.
Baird may be deemed to beneficially own such Shares within the meaning of Rule
13d-3 of the Securities Exchange Act of 1934, as amended (the Act), by virtue
of the investment discretion and voting authority granted to Baird by such
clients over such Shares. The investment discretion and voting authority
granted to Baird may be revoked at any time.
(b) Percent of Class:
20.8%. The percentage was calculated based upon 250,000 Shares of
Beneficial Interest outstanding at January 2, 2013, as reported by the Issuer.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
51,954.
(ii) Shared power to vote or to direct the vote
0.
(iii) Sole power to dispose or to direct the disposition of
51,954.
(iv) Shared power to dispose or to direct the disposition of
0.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following: [ ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Certain individual and institutional clients of Baird ultimately own all of the
Shares included on this Schedule and have the right to receive or the power to
direct the receipt of dividends and proceeds from the sale of such Shares.
No one client has granted Baird investment discretion or voting authority over
5% or more of the Issuers Shares of Beneficial Interests outstanding.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control Person.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10.Certification.
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
January 3, 2013
Date
/s/ Glen F. Hackmann
Signature
Glen F. Hackmann, Secretary & General Counsel
Name/Title
SCHEDULE 13G
AlphaClone Alternative Alpha ETF, a series of ETF Series Solutions
CUSIP No. 26922A305
Page 6 of 6
Page 1 of 6
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>