Fca 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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
1ST CENTURY BANCSHARES INC	COM	31943X102	127	18,150	SH		SOLE		0	0	18,150
3M CO	COM	88579Y101	1,883	12,200	SH		SOLE		0	0	12,200
ABB LTD-SPON ADR	ADR	000375204	1,281	61,327	SH		SOLE		0	0	61,327
AECOM	COM	00766T100	265	8,000	SH		DFND		8,000	0	0
AGCO CORP	COM	001084102	284	5,000	SH		DFND		5,000	0	0
ALLSTATE CORP	COM	020002101	1,471	22,676	SH		SOLE		0	0	22,676
AMERICAN TOWER CORP	COM	03027X100	233	2,500	SH		DFND		2,500	0	0
AMGEN INC	COM	031162100	2,980	19,409	SH		SOLE		0	0	19,409
ANALOG DEVICES INC	ADR	032654105	2,068	32,227	SH		SOLE		0	0	32,227
APPLE	COM	37833100	246	1,957	SH		SOLE		0	0	1,957
ARTESIAN RESOURCES CORP-CL A	COM	043113208	1,263	59,875	SH		SOLE		0	0	59,875
ASIA PACIFIC HIGH DIVIDEND FUND	COM	92912J102	1,258	105,969	SH		SOLE		0	0	105,969
AVALONBAY COMMUNITIES INC	COM	053484101	215	1,347	SH		DFND		1,347	0	0
BANK OF AMERICA CORP	COM	060505104	309	18,167	SH		SOLE		0	0	18,167
BHP BILLITON LTD-SPON ADR	COM	088606108	1,205	29,595	SH		SOLE		0	0	29,595
BIG 5 SPORTING GOODS CORP	COM	08915P101	341	24,000	SH		DFND		24,000	0	0
BLACKROCK INTERNATIONAL GROWTH	COM	092524107	1,637	224,493	SH		SOLE		0	0	224,493
BOK FINANCIAL CORPORATION	COM	05561Q201	261	3,751	SH		SOLE		0	0	3,751
BOSTON PROPERTIES INC	COM	101121101	303	2,500	SH		DFND		2,500	0	0
CALPINE CORP	COM	131347304	270	15,000	SH		DFND		15,000	0	0
CAMPUS CREST COMMUNITIES INC	COM	13466Y105	61	11,000	SH		DFND		11,000	0	0
CHASE CORP	COM	16150R104	2,397	60,304	SH		SOLE		0	0	60,304
CIMAREX ENERGY CO	COM	171798101	3,172	28,753	SH		SOLE		28,753	0	0
COCA-COLA CO/THE	COM	191216100	323	8,228	SH		SOLE		0	0	8,228
CONMED CORP	COM	207410101	437	7,500	SH		DFND		7,500	0	0
CONSUMER DISCRETIONARY SELT	COM	81369Y407	3,463	45,282	SH		SOLE		0	0	45,282
CONSUMER STAPLES SPDR	COM	81369Y308	4,682	98,352	SH		SOLE		0	0	98,352
CSI COMPRESSCO LP	COM	12637A103	1,315	73,576	SH		SOLE		0	0	73,576
DENTSPLY INTERNATIONAL INC	COM	249030107	448	8,700	SH		DFND		8,700	0	0
EATON VANCE SHORT DURATION	COM	27828V104	3,140	226,726	SH		SOLE		0	0	226,726
ENERGY SELECT SECTOR SPDR	COM	81369Y506	2,940	39,114	SH		SOLE		0	0	39,114
ENTERPRISE PRODUCTS PARTNERS	COM	293792107	2,597	86,890	SH		SOLE		0	0	86,890
EQUITY RESIDENTIAL	COM	29476L107	225	3,200	SH		DFND		3,200	0	0
EVEREST RE GROUP LTD	COM	G3223R108	2,464	13,538	SH		SOLE		0	0	13,538
EXTRA SPACE STORAGE INC	COM	30225T102	417	6,400	SH		DFND		6,400	0	0
EXXON MOBIL CORP	COM	30231G102	2,627	31,576	SH		SOLE		0	0	31,576
FIRST FINL BANKSHARES INC	COM	32020R109	239	6,900	SH		SOLE		0	0	6,900
GEORGETOWN BANCORP INC	COM	372591107	178	10,002	SH		DFND		10,002	0	0
GLOBAL POWER EQUIPMENT GROUP	COM	37941P306	234	30,200	SH		DFND		30,200	0	0
GOODRICH PETROLEUM CORP	COM	382410405	56	30,000	SH		DFND		30,000	0	0
GUGG S&P 500 EQ WGT HEALTH	Com	78355W841	3,780	23,699	SH		SOLE		0	0	23,699
GUGGENHEIM BULLETSHARES 2018	COM	18383M530	613	28,816	SH		SOLE		0	0	28,816
GUGGENHEIM BULLETSHARES 2018	COM	18383M381	4,299	165,915	SH		SOLE		0	0	165,915
GUGGENHEIM BULLETSHARES 2020	COM	18383M514	531	24,992	SH		SOLE		0	0	24,992
GUGGENHEIM S&P 500 EQUAL WEI	COM	78355W106	3,640	45,616	SH		SOLE		0	0	45,616
INGLES MARKETS INC-CLASS A	COM	457030104	5,035	105,395	SH		SOLE		0	0	105,395
INTL BUSINESS MACHINES CORP	COM	459200101	311	1,914	SH		SOLE		0	0	1,914
ISHARES -3 YEAR INTERNATIONA	COM	464288125	2,709	33,971	SH		SOLE		0	0	33,971
ISHARES CALIFORNIA AMT-FREE	COM	464288356	365	3,160	SH		SOLE		0	0	3,160
ISHARES COHEN & STEERS REIT	COM	464287564	2,970	33,141	SH		SOLE		0	0	33,141
ISHARES CORE S&P MIDCAP ETF	COM	464287507	2,082	13,879	SH		SOLE		0	0	13,879
ISHARES CORE U.S. AGGREGATE	COM	464287226	402	3,697	SH		SOLE		0	0	3,697
ISHARES FLOATING RATE BOND E	COM	46429B655	4,600	90,830	SH		SOLE		0	0	90,830
ISHARES GLOBAL HEALTHCARE ET	COM	464287325	3,903	35,897	SH		SOLE		0	0	35,897
ISHARES IBOXX INVESTMENT GRA	COM	464287242	341	2,947	SH		SOLE		0	0	2,947
ISHARES INTERNATIONAL TREASU	COM	464288117	3,565	39,706	SH		SOLE		0	0	39,706
ISHARES MBS ETF	COM	464288588	294	2,709	SH		SOLE		0	0	2,709
ISHARES MSCI ALL COUNTRY ASI	COM	464288182	252	4,000	SH		DFND		4,000	0	0
ISHARES MSCI EAFE ETF	COM	464287465	7,586	119,490	SH		SOLE		0	0	119,490
ISHARES MSCI EAFE SMALL-CAP	COM	464288273	2,518	49,357	SH		SOLE		0	0	49,357
ISHARES MSCI EMERGING MARKET	COM	464287234	2,858	72,128	SH		SOLE		0	0	72,128
ISHARES MSCI EUROZONE ETF	COM	464286608	796	21,202	SH		SOLE		0	0	21,202
ISHARES MSCI JAPAN ETF	COM	464286848	218	17,000	SH		DFND		17,000	0	0
ISHARES MSCI SOUTH AFRICA ET	COM	464286780	242	3,700	SH		DFND		3,700	0	0
ISHARES NATIONAL AMT-FREE MU	COM	464288414	812	7,500	SH		SOLE		0	0	7,500
ISHARES RUSSELL 1000 ETF	COM	464287622	1,143	9,849	SH		SOLE		0	0	9,849
ISHARES RUSSELL 2000 ETF	COM	464287655	1,128	9,036	SH		SOLE		0	0	9,036
ISHARES RUSSELL MID-CAP ETF	COM	464287499	1,175	6,902	SH		SOLE		0	0	6,902
ISHARES SELECT DIVIDEND ETF	COM	464287168	2,949	39,245	SH		SOLE		0	0	39,245
J.C. PENNEY CO INC	COM	708160106	186	22,000	SH		DFND		22,000	0	0
JOHN HANCOCK FINANCIAL OPP	COM	409735206	3,085	113,419	SH		SOLE		0	0	113,419
JOHNSON & JOHNSON	COM	478160104	2,365	24,269	SH		SOLE		0	0	24,269
KVH INDUSTRIES INC	ADR	482738101	404	30,000	SH		DFND		30,000	0	0
LASALLE HOTEL PROPERTIES	COM	517942108	390	11,000	SH		DFND		11,000	0	0
LIFEPOINT HEALTH INC	COM	53219L109	304	3,500	SH		DFND		3,500	0	0
LOWE'S COS INC	COM	548661107	2,721	40,636	SH		SOLE		0	0	40,636
LUBY'S INC	COM	549282101	87	17,994	SH		DFND		17,994	0	0
MARKET VECTORS AFRICA INDEX	COM	57060U787	252	10,340	SH		DFND		10,340	0	0
MARRIOTT INTERNATIONAL -CL A	COM	571903202	375	5,035	SH		DFND		5,035	0	0
MARTIN MARIETTA MATERIALS	COM	573284106	202	1,430	SH		DFND		1,430	0	0
METLIFE INC	COM	59156R108	2,221	39,661	SH		SOLE		0	0	39,661
MILLER INDUSTRIES INC/TENN	COM	600551204	209	10,500	SH		DFND		10,500	0	0
MOMENTA PHARMACEUTICALS INC	COM	60877T100	456	20,000	SH		DFND		20,000	0	0
MSC INDUSTRIAL DIRECT CO-A	COM	553530106	349	5,000	SH		DFND		5,000	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	386	8,000	SH		DFND		8,000	0	0
NATL WESTERN LIFE INS-CL A	COM	638522102	2,489	10,391	SH		SOLE		0	0	10,391
NORFOLK SOUTHERN CORP	COM	655844108	393	4,500	SH		DFND		4,500	0	0
NORTHWEST NATURAL GAS CO	COM	667655104	295	7,000	SH		DFND		7,000	0	0
NORTHWESTERN CORP	COM	668074305	1,735	35,591	SH		SOLE		0	0	35,591
NOVARTIS AG-SPONSORED ADR	ADR	66987V109	2,424	24,649	SH		SOLE		0	0	24,649
PEBBLEBROOK HOTEL TRUST	COM	70509V100	214	5,000	SH		DFND		5,000	0	0
PIMCO ENHANCED SHORT MATURIT	COM	72201R833	4,997	49,397	SH		SOLE		0	0	49,397
PIONEER NATURAL RESOURCES CO	COM	723787107	208	1,500	SH		DFND		1,500	0	0
POWERSHARES GLOBAL WATER	COM	73936T623	3,173	133,419	SH		SOLE		0	0	133,419
QUALCOMM INC	COM	747525103	283	4,524	SH		SOLE		0	0	4,524
REGIONS FINANCIAL CORP	COM	7591EP100	186	18,000	SH		DFND		18,000	0	0
RGC RESOURCES INC	COM	74955L103	526	26,284	SH		SOLE		0	0	26,284
ROYCE MICROCAP TRUST	COM	780915104	1,483	160,813	SH		SOLE		0	0	160,813
ROYCE VALUE TRUST	COM	780910105	3,205	232,442	SH		SOLE		0	0	232,442
SBA COMMUNICATIONS CORP-CL A	ADR	78388J106	230	2,000	SH		DFND		2,000	0	0
SCHWAB INTL EQUITY ETF	COM	808524805	234	7,680	SH		SOLE		0	0	7,680
SCHWAB US AGGREGATE BOND ETF	COM	808524839	447	8,645	SH		SOLE		0	0	8,645
SCHWAB US MID CAP ETF	COM	808524508	295	6,907	SH		SOLE		0	0	6,907
SCHWAB US SMALL-CAP ETF	COM	808524607	283	4,924	SH		SOLE		0	0	4,924
SL GREEN REALTY CORP	COM	78440X101	330	3,000	SH		DFND		3,000	0	0
SOUTHERN CO/THE	COM	842587107	2,132	50,872	SH		SOLE		0	0	50,872
SPDR BARCLAYS SHORT TERM COR	COM	78464A474	4,770	155,893	SH		SOLE		0	0	155,893
SPDR MORGAN STANLEY TECHNOLO	COM	78464A102	2,601	25,843	SH		SOLE		0	0	25,843
SPDR S&P EMERGING MARKETS DI	COM	78463X533	1,872	57,187	SH		SOLE		0	0	57,187
SPDR S&P MIDCAP 400 ETF	COM	78467Y107	389	1,423	SH		SOLE		0	0	1,423
SPDR S&P OIL & GAS EXP & PR	COM	78464A730	2,103	45,071	SH		SOLE		0	0	45,071
STRYKER CORP	COM	863667101	1,660	17,374	SH		SOLE		0	0	17,374
UDR INC	COM	902653104	319	9,951	SH		SOLE		0	0	9,951
VALMONT INDUSTRIES	COM	920253101	2,110	17,752	SH		SOLE		0	0	17,752
VANGUARD FTSE EUROPE ETF	COM	922042874	1,697	31,436	SH		SOLE		0	0	31,436
VANGUARD INFO TECH ETF	COM	92204A702	2,171	20,438	SH		SOLE		0	0	20,438
WELLS FARGO & CO	COM	949746101	337	6,000	SH		DFND		6,000	0	0
WESTERN ASSET GLOBAL CORP	COM	95790C107	3,501	204,152	SH		SOLE		0	0	204,152
WGL HOLDINGS INC	COM	92924F106	2,355	43,372	SH		SOLE		0	0	43,372
WILLIAMS COS INC	COM	969457100	4,662	81,233	SH		SOLE		0	0	81,233
WP CAREY INC	COM	92936U109	295	5,000	SH		DFND		5,000	0	0
WPX ENERGY INC	COM	98212B103	282	22,944	SH		SOLE		0	0	22,944