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
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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
Invesco Senior Loan ETF ETF 46138G508 801,776 38,198 SH SOLE 0 0 38,198
iShares 10-20 Year Treasury Bond ETF ETF 464288653 4,349,343 44,169 SH SOLE 0 0 44,169
iShares 7-10 Year Treasury Bond ETF ETF 464287440 591,763 6,461 SH SOLE 0 0 6,461
iShares Core MSCI EAFE ETF ETF 46432F842 19,140,366 297,442 SH SOLE 0 0 297,442
iShares Core MSCI Emerging Markets ETF ETF 46434G103 9,570,029 201,093 SH SOLE 0 0 201,093
iShares Fallen Angels USD Bond ETF ETF 46435G474 674,461 27,196 SH SOLE 0 0 27,196
iShares iBoxx $ Invmt Grade Corp Bd ETF ETF 464287242 505,407 4,954 SH SOLE 0 0 4,954
iShares Intermediate Govt/Crdt Bd ETF ETF 464288612 54,437,735 537,232 SH SOLE 0 0 537,232
iShares JP Morgan USD Em Mkts Bd ETF ETF 464288281 293,689 3,559 SH SOLE 0 0 3,559
iShares MBS ETF ETF 464288588 390,809 4,401 SH SOLE 0 0 4,401
iShares MSCI ACWI ETF ETF 464288257 646,867 7,003 SH SOLE 0 0 7,003
iShares MSCI EAFE Small-Cap ETF ETF 464288273 1,294,829 22,930 SH SOLE 0 0 22,930
iShares MSCI EAFE Value ETF ETF 464288877 659,087 13,470 SH SOLE 0 0 13,470
iShares MSCI USA Min Vol Factor ETF ETF 46429B697 5,146,717 71,107 SH SOLE 0 0 71,107
iShares National Muni Bond ETF ETF 464288414 12,791,818 124,750 SH SOLE 0 0 124,750
iShares Russell 1000 Value ETF ETF 464287598 374,995 2,470 SH SOLE 0 0 2,470
iShares Russell Mid-Cap Growth ETF ETF 464287481 5,251,315 57,486 SH SOLE 0 0 57,486
iShares Russell Mid-Cap Value ETF ETF 464287473 7,139,256 68,423 SH SOLE 0 0 68,423
iShares Russell Top 200 Growth ETF ETF 464289438 39,674,764 257,913 SH SOLE 0 0 257,913
iShares Russell Top 200 Value ETF ETF 464289420 33,846,179 517,763 SH SOLE 0 0 517,763
iShares S&P Mid-Cap 400 Value ETF ETF 464287705 501,017 4,964 SH SOLE 0 0 4,964
JPMorgan US Quality Factor ETF ETF 46641Q761 13,655,233 315,582 SH SOLE 0 0 315,582
JPMorgan US Value Factor ETF ETF 46641Q753 8,423,132 243,162 SH SOLE 0 0 243,162
ProShares DJ Brookfield Global Infras ETF 74347B508 1,021,920 24,690 SH SOLE 0 0 24,690
SPDR Blmbg High Yield Bd ETF ETF 78468R622 928,950 10,276 SH SOLE 0 0 10,276
SPDR S&P 500 ETF Trust ETF 78462F103 247,938 580 SH SOLE 0 0 580
VanEck JPMorgan EMLcl Ccy Bd ETF ETF 92189H300 3,532,431 147,986 SH SOLE 0 0 147,986
Vanguard High Dividend Yield ETF ETF 921946406 856,936 8,294 SH SOLE 0 0 8,294
Vanguard Intl Hi Div Yld Idx ETF ETF 921946794 1,293,749 20,904 SH SOLE 0 0 20,904
Vanguard Real Estate ETF ETF 922908553 1,448,359 19,143 SH SOLE 0 0 19,143
Vanguard Russell 2000 ETF ETF 92206C664 4,159,769 58,227 SH SOLE 0 0 58,227
Vanguard Russell 2000 Growth ETF ETF 92206C623 480,166 2,944 SH SOLE 0 0 2,944
Vanguard Russell 2000 Value ETF ETF 92206C649 923,840 7,738 SH SOLE 0 0 7,738
Vanguard Total Bond Market ETF ETF 921937835 223,226 3,199 SH SOLE 0 0 3,199