Dearborn Partners 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
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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
AFLAC Inc.	COM	001055102	492,470	6,417	SH		SOLE		6,417	0	0
AT&T Inc	COM	00206R102	957,078	63,720	SH		SOLE		63,720	0	0
AbbVie Inc	COM	00287Y109	46,007,427	308,650	SH		SOLE		299,344	0	9,306
Abbott Labs	COM	002824100	35,664,898	368,249	SH		SOLE		361,096	0	7,153
Accenture PLC Cl A	COM	G1151C101	41,526,839	135,218	SH		SOLE		131,718	0	3,500
Agenus Inc	COM	00847G705	26,395	23,358	SH		SOLE		23,358	0	0
Air Products & Chemicals, Inc	COM	009158106	45,928,527	162,063	SH		SOLE		157,109	0	4,954
Akamai Technologies Com	COM	00971T101	360,638	3,385	SH		SOLE		3,385	0	0
Alcon Inc	COM	H01301128	366,335	4,723	SH		SOLE		4,723	0	0
Allstate Corp	COM	020002101	210,899	1,893	SH		SOLE		1,886	0	7
Alphabet Inc CL A	COM	02079K305	3,470,145	26,518	SH		SOLE		26,409	0	109
Alphabet Inc CL C NON Voting	COM	02079K107	1,374,273	10,423	SH		SOLE		10,326	0	97
Amazon.com	COM	023135106	2,383,246	18,748	SH		SOLE		18,598	0	150
American Electric Power	COM	025537101	424,369	5,642	SH		SOLE		5,642	0	0
American Express Co	COM	025816109	309,420	2,074	SH		SOLE		2,062	0	12
American Tower Corp	COM	03027X100	23,254,615	141,408	SH		SOLE		137,760	0	3,649
American Water Works Co	COM	030420103	39,417,030	318,316	SH		SOLE		306,173	0	12,143
Amgen	COM	031162100	947,917	3,527	SH		SOLE		3,227	0	300
Analog Devices Inc	COM	032654105	14,379,495	82,126	SH		SOLE		80,608	0	1,518
Apple Inc.	COM	037833100	129,591,205	756,914	SH		SOLE		738,272	0	18,641
Ares Management Corporation	COM	03990B101	13,574,693	131,960	SH		SOLE		125,409	0	6,551
Arthur J. Gallagher & Co	COM	363576109	58,253,333	255,576	SH		SOLE		249,754	0	5,821
Atmos Energy Corporation	COM	049560105	40,518,012	382,498	SH		SOLE		372,530	0	9,968
Automatic Data Processing	COM	053015103	77,581,770	322,478	SH		SOLE		314,318	0	8,160
BCE Inc.	COM	05534B760	6,485,988	169,924	SH		SOLE		160,190	0	9,734
Baxter International Inc	COM	071813109	273,917	7,258	SH		SOLE		7,258	0	0
Becton Dickinson and Co	COM	075887109	44,909,619	173,711	SH		SOLE		170,902	0	2,810
Berkshire Hathaway Cl B	COM	084670702	648,055	1,850	SH		SOLE		1,810	0	40
BlackRock, Inc.	COM	09247X101	36,065,001	55,786	SH		SOLE		54,462	0	1,324
Blackstone Group Inc	COM	09260D107	2,412,419	22,517	SH		SOLE		22,517	0	0
Boeing	COM	097023105	685,884	3,578	SH		SOLE		3,578	0	0
Bristol Myers Squibb Company	COM	110122108	503,381	8,673	SH		SOLE		8,673	0	0
British American Tobacco PLC A	COM	110448107	13,663	435	SH		SOLE		435	0	0
British American Tobacco PLC A	COM	110448107	304,614	9,698	SH		OTR		0	0	9,698
Broadcom Inc	COM	11135F101	578,914	697	SH		SOLE		692	0	5
Broadridge Financial Solutions	COM	11133T103	24,948,099	139,336	SH		SOLE		134,452	0	4,884
CME Group Inc	COM	12572Q105	573,030	2,862	SH		SOLE		2,862	0	0
CRA International, Inc	COM	12618T105	798,825	7,928	SH		SOLE		7,928	0	0
CVS Health Corp	COM	126650100	868,840	12,444	SH		SOLE		11,184	0	1,260
Cano Health Inc Com Cl A	COM	13781Y103	3,424	13,500	SH		SOLE		13,500	0	0
Carrier Global Corp Com	COM	14448C104	46,123,137	835,564	SH		SOLE		816,066	0	19,499
Casey's General Stores Inc	COM	147528103	45,983,809	169,357	SH		SOLE		163,600	0	5,757
Caterpillar Inc	COM	149123101	13,889,118	50,876	SH		SOLE		50,876	0	0
Chevron Corp	COM	166764100	11,722,334	69,519	SH		SOLE		69,519	0	0
Chubb Ltd	COM	H1467J104	570,413	2,740	SH		SOLE		2,740	0	0
Cisco Systems	COM	17275R102	1,582,709	29,440	SH		SOLE		29,408	0	32
Clorox Co	COM	189054109	850,448	6,489	SH		SOLE		6,489	0	0
Coca Cola Co	COM	191216100	6,060,669	108,265	SH		SOLE		108,265	0	0
Cognizant Tech Solutions Cl A	COM	192446102	516,788	7,629	SH		SOLE		7,629	0	0
Colgate Palmolive Co	COM	194162103	481,194	6,767	SH		SOLE		5,967	0	800
Comcast Corp New Cl A	COM	20030N101	352,459	7,949	SH		SOLE		7,949	0	0
Commerce Bancshares Inc	COM	200525103	261,539	5,451	SH		SOLE		5,451	0	0
ConocoPhillips	COM	20825c104	265,753	2,218	SH		SOLE		2,218	0	0
Costco Wholesale Corp	COM	22160K105	43,396,220	76,813	SH		SOLE		74,902	0	1,911
Cummins Inc	COM	231021106	348,173	1,524	SH		SOLE		1,524	0	0
Danaher Corp	COM	235851102	257,032	1,036	SH		SOLE		1,036	0	0
Deere & Co	COM	244199105	2,237,892	5,930	SH		SOLE		4,801	0	1,129
Diageo PLC New Spons ADR	COM	25243Q205	41,770	280	SH		SOLE		280	0	0
Diageo PLC New Spons ADR	COM	25243Q205	272,999	1,830	SH		OTR		0	0	1,830
Digital Realty Trust Inc	COM	253868103	307,875	2,544	SH		SOLE		2,544	0	0
Dollar Genl Corp	COM	256677105	609,937	5,765	SH		SOLE		5,765	0	0
Dollar Genl Corp	COM	256677105	3,915	37	SH		OTR		37	0	0
Dow Chemical	COM	260557103	545,041	10,571	SH		SOLE		10,571	0	0
DuPont de Nemours Inc	COM	26614N102	280,301	3,758	SH		SOLE		3,758	0	0
Duke Energy Corp	COM	26441C204	823,989	9,336	SH		SOLE		9,336	0	0
EOG Resources Inc	COM	26875P101	35,055,923	276,554	SH		SOLE		269,286	0	7,268
Eaton Corp PLC	COM	G29183103	852,267	3,996	SH		SOLE		3,196	0	800
Ecolab Inc	COM	278865100	1,167,505	6,892	SH		SOLE		6,388	0	504
Elevance Health Inc	COM	036752103	35,587,168	81,731	SH		SOLE		79,663	0	2,068
Eli Lilly & Co	COM	532457108	2,441,793	4,546	SH		SOLE		4,529	0	17
Emerson Electric Co	COM	291011104	1,044,984	10,821	SH		SOLE		10,821	0	0
Enbridge Inc.	COM	29250N105	532,884	15,888	SH		SOLE		15,888	0	0
Enterprise Products Partners L	COM	293792107	444,506	16,241	SH		SOLE		16,241	0	0
Equinix Inc	COM	29444U700	31,448,566	43,302	SH		SOLE		41,947	0	1,355
Essential Utilities	COM	29670G102	225,371	6,565	SH		SOLE		6,565	0	0
Exxon Mobil Corp	COM	30231G102	68,376,186	581,529	SH		SOLE		564,577	0	16,952
Fastenal Company	COM	311900104	36,724,748	672,122	SH		SOLE		647,226	0	24,896
Fidelity National Information	COM	31620M106	300,282	5,433	SH		SOLE		5,433	0	0
First Solar Inc	COM	336433107	290,862	1,800	SH		SOLE		1,800	0	0
FirstService Corp	COM	33767E202	381,897	2,624	SH		SOLE		2,624	0	0
GCM Grosvenor Inc	COM	36831E108	551,845	71,114	SH		SOLE		71,114	0	0
General Dynamics Corp	COM	369550108	16,087,058	72,802	SH		SOLE		72,802	0	0
Gilead Sciences Incorporated	COM	375558103	33,640,601	448,900	SH		SOLE		432,600	0	16,301
Glacier Bancorp Inc	COM	37637Q105	25,823,034	906,071	SH		SOLE		872,424	0	33,647
Graco Inc Com	COM	384109104	222,357	3,051	SH		SOLE		3,051	0	0
Hershey Company	COM	427866108	2,631,358	13,152	SH		SOLE		13,150	0	2
Home Depot Inc	COM	437076102	53,221,991	176,138	SH		SOLE		169,761	0	6,378
Honeywell Intl Inc	COM	438516106	1,672,221	9,052	SH		SOLE		9,052	0	0
Idex Corp	COM	45167R104	395,862	1,903	SH		SOLE		1,103	0	800
Idexx Labs Inc	COM	45168D104	533,469	1,220	SH		SOLE		220	0	1,000
Illinois Tool Works Inc	COM	452308109	61,151,015	265,516	SH		SOLE		259,452	0	6,064
India Globalization Capital In	COM	45408X308	41,934	116,710	SH		SOLE		116,710	0	0
Intel Corp	COM	458140100	519,887	14,624	SH		SOLE		12,924	0	1,700
International Business Machine	COM	459200101	10,231,647	72,927	SH		SOLE		68,523	0	4,404
Intuit	COM	461202103	39,330,762	76,977	SH		SOLE		75,222	0	1,756
Intuitive Surgical Inc	COM	46120E602	267,738	916	SH		SOLE		916	0	0
J M Smucker Company New	COM	832696405	293,288	2,386	SH		SOLE		2,386	0	0
J P Morgan Chase & Co	COM	46625H100	16,113,875	111,115	SH		SOLE		111,115	0	0
Jack Henry & Assoc Inc Com	COM	426281101	27,780,084	183,804	SH		SOLE		179,354	0	4,449
Johnson & Johnson	COM	478160104	17,463,321	112,124	SH		SOLE		112,124	0	0
Johnson & Johnson	COM	478160104	27,256	175	SH		OTR		175	0	0
Kimberly-Clark Corp	COM	494368103	30,435,982	251,849	SH		SOLE		242,204	0	9,646
Kimberly-Clark Corp	COM	494368103	4,834	40	SH		OTR		40	0	0
Kinder Morgan Inc	COM	49456B101	226,353	13,652	SH		SOLE		13,652	0	0
L3Harris Technologies Inc Com	COM	502431109	298,964	1,717	SH		SOLE		1,717	0	0
Lancaster Colony Corp	COM	513847103	1,009,247	6,116	SH		SOLE		4,216	0	1,900
Linde PLC	COM	G5494J103	11,692,907	31,403	SH		SOLE		31,390	0	13
Lockheed Martin Corp	COM	539830109	1,234,332	3,018	SH		SOLE		2,718	0	300
Lowe's Companies, Inc.	COM	548661107	969,366	4,664	SH		SOLE		3,957	0	707
Lowe's Companies, Inc.	COM	548661107	88,332	425	SH		OTR		425	0	0
LyondellBasell Industries NV	COM	N53745100	318,097	3,359	SH		SOLE		3,359	0	0
M D C Hldgs Inc	COM	552676108	813,880	19,740	SH		SOLE		19,740	0	0
Main Street Capital Corp	COM	56035L104	1,414,719	34,820	SH		SOLE		19,966	0	14,854
Mastercard Inc	COM	57636Q104	39,672,540	100,206	SH		SOLE		98,016	0	2,190
McCormick & Company Inc	COM	579780107	38,276,620	506,037	SH		SOLE		491,151	0	14,886
McDonalds Corp	COM	580135101	67,099,383	254,705	SH		SOLE		247,955	0	6,749
Medtronic PLC	COM	G5960L103	8,001,159	102,108	SH		SOLE		93,086	0	9,021
Merck & Co Inc	COM	58933Y105	42,303,565	410,914	SH		SOLE		398,250	0	12,664
Meta Platforms Ord Shs Class A	COM	30303M102	399,880	1,332	SH		SOLE		1,332	0	0
Microsoft Corp	COM	594918104	84,569,133	267,836	SH		SOLE		263,025	0	4,810
Mondelez International Inc A	COM	609207105	36,679,679	528,526	SH		SOLE		511,451	0	17,075
Nasdaq, Inc.	COM	631103108	27,862,837	573,427	SH		SOLE		560,056	0	13,372
National Grid PLC - SPONS ADR	COM	636274409	12,672	209	SH		SOLE		209	0	0
National Grid PLC - SPONS ADR	COM	636274409	278,534	4,594	SH		OTR		0	0	4,594
Netflix Inc Com	COM	64110L106	216,365	573	SH		SOLE		573	0	0
NextEra Energy Inc	COM	65339F101	17,878,195	312,065	SH		SOLE		312,012	0	53
Nextera Energy Part LP	COM	65341B106	521,324	17,553	SH		SOLE		16,783	0	770
Nike Inc, Class B	COM	654106103	1,725,465	18,045	SH		SOLE		18,012	0	33
Norfolk Southern Corp	COM	655844108	938,100	4,764	SH		SOLE		4,764	0	0
Northern Trust	COM	665859104	1,078,917	15,528	SH		SOLE		15,328	0	200
Northrop Grumman Corp	COM	666807102	294,969	670	SH		SOLE		670	0	0
Novartis AG ADR	COM	66987V109	6,049,975	59,395	SH		SOLE		59,395	0	0
Novartis AG ADR	COM	66987V109	392,568	3,854	SH		OTR		0	0	3,854
Novo Nordisk A/S - SPON ADR	COM	670100205	261,180	2,872	SH		SOLE		2,872	0	0
Nvidia Corp	COM	67066G104	1,487,061	3,419	SH		SOLE		3,374	0	45
O'Reilly Automotive Inc	COM	67103H107	229,033	252	SH		SOLE		252	0	0
ONE Gas Inc	COM	68235P108	549,289	8,045	SH		SOLE		5,098	0	2,947
ONEOK, Inc.	COM	682680103	10,263,996	161,816	SH		SOLE		149,618	0	12,198
Oracle Corp	COM	68389X105	300,601	2,838	SH		SOLE		2,784	0	54
Otis Worldwide Corp Com	COM	68902V107	1,418,355	17,661	SH		SOLE		17,661	0	0
PPG Industries Inc	COM	693506107	712,213	5,487	SH		SOLE		5,487	0	0
Parker Hannifin Corp	COM	701094104	519,620	1,334	SH		SOLE		1,334	0	0
PayChex Inc	COM	704326107	1,212,275	10,511	SH		SOLE		6,674	0	3,838
PepsiCo Inc	COM	713448108	13,647,052	80,542	SH		SOLE		80,479	0	63
Pfizer	COM	717081103	1,024,472	30,886	SH		SOLE		30,886	0	0
Philip Morris International	COM	718172109	293,016	3,165	SH		SOLE		3,165	0	0
Phillips 66	COM	718546104	862,437	7,178	SH		SOLE		7,178	0	0
Phillips 66	COM	718546104	7,569	63	SH		OTR		63	0	0
Pioneer Natural Resources	COM	723787107	254,801	1,110	SH		SOLE		1,110	0	0
Pool Corporation	COM	73278L105	33,016,599	92,717	SH		SOLE		90,469	0	2,248
Procter & Gamble Co	COM	742718109	9,922,376	68,027	SH		SOLE		68,027	0	0
Progressive Corp Ohio Com	COM	743315103	947,888	6,805	SH		SOLE		4,249	0	2,556
Public Storage Inc	COM	74460d109	630,650	2,393	SH		SOLE		1,557	0	836
Qualcomm Inc.	COM	747525103	40,099,123	361,058	SH		SOLE		349,912	0	11,146
RPM Intl Inc	COM	749685103	9,433,500	99,499	SH		SOLE		99,499	0	0
Raytheon Technologies Com	COM	75513E101	5,450,967	75,739	SH		SOLE		75,339	0	400
Realty Income Corporation	COM	756109104	5,872,733	117,596	SH		SOLE		110,757	0	6,838
Reliance Steel & Aluminum Co	COM	759509102	27,282,934	104,042	SH		SOLE		104,042	0	0
Relx Plc - Sponsored Adr	COM	759530108	16,243	482	SH		SOLE		482	0	0
Relx Plc - Sponsored Adr	COM	759530108	199,437	5,918	SH		OTR		0	0	5,918
Republic Services Inc	COM	760759100	55,648,769	390,490	SH		SOLE		378,630	0	11,860
Republic Services Inc	COM	760759100	13,966	98	SH		OTR		98	0	0
Rockwell Automation Inc.	COM	773903109	322,175	1,127	SH		SOLE		1,127	0	0
S&P Global, Inc.	COM	78409v104	36,925,699	101,053	SH		SOLE		98,495	0	2,558
STAG Industrial, Inc.	COM	85254J102	613,534	17,778	SH		SOLE		9,026	0	8,752
STERIS plc	COM	G8473T100	38,540,788	175,648	SH		SOLE		171,627	0	4,022
Salesforce.com Inc	COM	79466L302	1,155,846	5,700	SH		SOLE		5,692	0	8
Sanofi-Aventis ADR	COM	80105N105	14,268	266	SH		SOLE		266	0	0
Sanofi-Aventis ADR	COM	80105N105	331,012	6,171	SH		OTR		0	0	6,171
Shell plc	COM	780259305	378,575	5,880	SH		SOLE		5,880	0	0
Shell plc	COM	780259305	561,909	8,728	SH		OTR		0	0	8,728
Sherwin-Williams Co	COM	824348106	37,020,569	145,150	SH		SOLE		140,533	0	4,617
Sixth Street Specialty Lending	COM	83012A109	1,874,729	91,719	SH		SOLE		51,751	0	39,967
Snap-On	COM	833034101	48,297,716	189,358	SH		SOLE		183,405	0	5,954
Sony Group Corporation Sponsor	COM	835699307	20,767	252	SH		SOLE		252	0	0
Sony Group Corporation Sponsor	COM	835699307	293,462	3,561	SH		OTR		0	0	3,561
Southern Co	COM	842587107	2,577,137	39,820	SH		SOLE		39,820	0	0
Starbucks Corporation	COM	855244109	5,676,462	62,194	SH		SOLE		62,160	0	34
Stryker Corp	COM	863667101	31,341,310	114,690	SH		SOLE		110,893	0	3,797
Sysco Corporation	COM	871829107	210,964	3,194	SH		SOLE		2,394	0	800
T. Rowe Price Group Inc	COM	74144T108	6,436,055	61,372	SH		SOLE		57,477	0	3,895
TJX Companies Inc	COM	872540109	201,758	2,270	SH		SOLE		670	0	1,600
TJX Companies Inc	COM	872540109	17,687	199	SH		OTR		199	0	0
Taiwan Semiconductor Mfg Co AD	COM	874039100	100,630	1,158	SH		SOLE		1,158	0	0
Taiwan Semiconductor Mfg Co AD	COM	874039100	246,709	2,839	SH		OTR		0	0	2,839
Target Corporation	COM	87612E106	566,587	5,124	SH		SOLE		5,124	0	0
Tesla Motors Inc	COM	88160R101	555,989	2,222	SH		SOLE		2,222	0	0
Tesla Motors Inc	COM	88160R101	86,576	346	SH		OTR		0	0	346
Texas Instruments Incorporated	COM	882508104	40,906,203	257,256	SH		SOLE		249,220	0	8,035
Thermo Fisher Scientific Inc	COM	883556102	202,974	401	SH		SOLE		401	0	0
Thomson Reuters	COM	884903709	563,823	4,587	SH		SOLE		4,587	0	0
Tractor Supply Company	COM	892356106	45,886,509	225,986	SH		SOLE		217,980	0	8,006
Travelers Cos Inc	COM	89417E109	226,437	1,387	SH		SOLE		1,387	0	0
U. S. Bancorp	COM	902973304	1,327,626	40,158	SH		SOLE		30,256	0	9,902
U. S. Bancorp	COM	902973304	9,918	300	SH		OTR		300	0	0
Uber Technologies Inc	COM	90353T100	841,617	18,300	SH		SOLE		18,300	0	0
Unilever PLC ADR Spon	COM	904767704	407,451	8,248	SH		SOLE		8,248	0	0
Unilever PLC ADR Spon	COM	904767704	274,269	5,552	SH		OTR		0	0	5,552
Union Pacific Corp	COM	907818108	11,863,484	58,260	SH		SOLE		58,260	0	0
United Parcel Service Inc Cl B	COM	911312106	27,549,239	176,745	SH		SOLE		172,279	0	4,466
Verisk Analytics Inc	COM	92345Y106	483,820	2,048	SH		SOLE		2,046	0	2
Verizon Communications	COM	92343V104	27,057,647	834,855	SH		SOLE		799,798	0	35,057
Visa Inc Cl A	COM	92826C839	3,342,648	14,533	SH		SOLE		14,500	0	33
WEC Energy Group Inc	COM	92939U106	36,297,789	450,624	SH		SOLE		435,559	0	15,065
Wal-Mart Stores	COM	931142103	2,687,930	16,807	SH		SOLE		15,359	0	1,448
Walgreen Boots Alliance Inc	COM	931427108	653,004	29,362	SH		SOLE		29,362	0	0
Walt Disney Co	COM	254687106	735,286	9,072	SH		SOLE		8,372	0	700
Watsco, Inc.	COM	942622200	65,990,044	174,706	SH		SOLE		168,079	0	6,627
Welltower Inc	COM	95040Q104	317,768	3,879	SH		SOLE		3,879	0	0
Williams Cos Inc	COM	969457100	641,924	19,054	SH		SOLE		11,581	0	7,473
Xcel Energy Inc	COM	98389B100	648,245	11,329	SH		SOLE		11,329	0	0
Zebra Technologies Corp. Cl A	COM	989207105	256,635	1,085	SH		SOLE		485	0	600
Zoetis, Inc Class A	COM	98978V103	200,773	1,154	SH		SOLE		1,150	0	4
Alerian MLP ETF	ETF	00162Q452	1,160,078	27,490	SH		SOLE		27,490	0	0
Consumer Staples Select Sector	ETF	81369y308	214,825	3,122	SH		SOLE		3,122	0	0
Health Care Select Sector SPDR	ETF	81369Y209	526,418	4,089	SH		SOLE		4,089	0	0
IShares Core S&P Mid-Cap ETF	ETF	464287507	464,633	1,863	SH		SOLE		1,863	0	0
IShares MSCI EAFE Index Fd	ETF	464287465	204,623	2,969	SH		SOLE		2,969	0	0
IShares NASDAQ Biotech Index F	ETF	464287556	638,344	5,220	SH		SOLE		5,220	0	0
IShares S&P 500 Index Fund	ETF	464287952	327,226	762	SH		SOLE		762	0	0
IShares S&P Mid Cap 400/Barra	ETF	464287606	781,717	10,821	SH		SOLE		10,821	0	0
IShares Tr MSCI Emerging Mkts	ETF	464287234	267,472	7,048	SH		SOLE		7,048	0	0
IShares Tr S&P Smallcap 600 In	ETF	464287887	254,691	2,700	SH		SOLE		2,700	0	0
Invesco QQQ Trust Series 1	ETF	46090E103	1,325,582	3,700	SH		SOLE		3,700	0	0
ProShares S&P Technology Divid	ETF	74347G606	200,277	3,223	SH		SOLE		3,223	0	0
S & P Depository Receipts SPDR	ETF	78462f103	1,148,707	2,687	SH		SOLE		2,687	0	0
SPDR Gold Trust	ETF	78463V107	330,041	1,925	SH		SOLE		1,925	0	0
Technology Select Sector SPDR	ETF	81369Y803	248,354	1,515	SH		SOLE		1,515	0	0
VanEck Vectors Semiconductor E	ETF	92189F676	716,346	4,941	SH		SOLE		4,941	0	0
Vanguard Dividend Appreciation	ETF	921908844	254,046	1,635	SH		SOLE		1,635	0	0
Vanguard Mid-Cap ETF	ETF	922908629	226,565	1,088	SH		SOLE		1,088	0	0
Vanguard Mid-Cap Growth Index	ETF	922908538	379,607	1,949	SH		SOLE		1,949	0	0
Vanguard S&P 500 ETF	ETF	922908363	407,514	1,038	SH		SOLE		1,038	0	0
Vanguard Small-Cap Value ETF	ETF	922908611	218,862	1,372	SH		SOLE		1,372	0	0
Vanguard Value ETF	ETF	922908744	292,921	2,124	SH		SOLE		2,124	0	0
IShares Barclays 20plus Year Tres	ETF	464287432	221,725	2,500	SH		SOLE		2,500	0	0
IShares Barclays Aggregate Bon	ETF	464287226	794,292	8,446	SH		SOLE		5,257	0	3,189
IShares Barclays Tips Bond Ind	ETF	464287176	212,107	2,045	SH		SOLE		2,045	0	0
Invesco Financial Pfd Portfoli	ETF	46137V621	252,124	17,932	SH		SOLE		17,932	0	0
Invesco Fundamental HY Corp Bo	ETF	46138e719	577,592	33,817	SH		SOLE		15,394	0	18,423
Invesco Variable Rate Pref Por	ETF	46138G870	373,015	16,675	SH		SOLE		8,296	0	8,379
Princpal Spectrum Preferred Se	ETF	74255Y888	1,741,423	103,287	SH		SOLE		48,076	0	55,211
VanEck Preferred Securities ex	ETF	92189F951	290,813	17,300	SH		SOLE		17,300	0	0
Vanguard Interm. Term Corp. Bo	ETF	92206c870	1,840,769	24,227	SH		SOLE		12,331	0	11,896
Vanguard Intermediate Term Bon	ETF	921937819	264,221	3,654	SH		SOLE		3,654	0	0
Vanguard Long Term Bond ETF	ETF	921937793	889,551	13,265	SH		SOLE		5,637	0	7,628
Vanguard Long-Term Corp Bond E	ETF	92206C813	1,091,144	15,235	SH		SOLE		8,089	0	7,146
Vanguard Mortgage-Business Sec	ETF	92206c771	230,677	5,269	SH		SOLE		5,269	0	0
Vanguard Short-Term Bond ETF	ETF	921937827	254,676	3,388	SH		SOLE		3,388	0	0
Vanguard Short-Term Corporate	ETF	92206C409	221,005	2,941	SH		SOLE		2,941	0	0
iShares U.S. Treasury Bond ETF	ETF	46429B267	259,675	11,782	SH		SOLE		11,782	0	0
iShares iBonds Dec 2023 Term C	ETF	46434VAX8	500,784	19,747	SH		SOLE		10,309	0	9,438
iShares iBonds Dec 2024 Term C	ETF	46434VBG4	479,342	19,383	SH		SOLE		9,710	0	9,673
iShares iBonds Dec 2025 Term C	ETF	46434VBD1	502,119	20,604	SH		SOLE		10,789	0	9,815
iShares iBonds Dec 2026 Term C	ETF	46435GAA0	477,084	20,445	SH		SOLE		10,190	0	10,255
iShares iBonds Dec 2027 Term C	ETF	46435UAA9	475,226	20,537	SH		SOLE		10,210	0	10,327