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
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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
Alphabet Inc. Class A Common Stock 02079K305 28,389,924 24,433 SH   SOLE 0.00 23,442 0 991
Amazon.Com, Inc. Common Stock 023135106 28,202,699 14,465 SH   SOLE 0.00 13,907 0 558
Apple, Inc. Common Stock 037833100 28,060,138 110,347 SH   SOLE 0.00 105,759 0 4,588
Caterpillar Inc. Common Stock 149123101 30,064,571 259,088 SH   SOLE 0.00 248,430 0 10,658
Chevron Corp. Common Stock 166764100 28,497,793 393,290 SH   SOLE 0.00 376,422 0 16,868
Comcast Corp. Cl.A Common Stock 20030N101 26,464,658 769,769 SH   SOLE 0.00 738,969 0 30,800
Communication Services Sel Sect SPDR Fd Common Stock 81369Y852 53,316,783 1,205,171 SH   SOLE 0.00 1,184,350 0 20,821
Consumer Discretionary Select Sect SPDR Fd Common Stock 81369y407 36,871,511 375,933 SH   SOLE 0.00 368,737 0 7,196
Consumer Staples Select Sector SPDR Fund Common Stock 81369Y308 36,808,765 675,762 SH   SOLE 0.00 664,222 0 11,540
Energy Select Sector SPDR Common Stock 81369y506 8,529,633 293,518 SH   SOLE 0.00 287,936 0 5,582
Facebook Inc Common Stock 30303M102 28,789,346 172,598 SH   SOLE 0.00 165,411 0 7,187
Financial Select Sector SPDR Common Stock 81369Y605 25,939,677 1,245,901 SH   SOLE 0.00 1,222,435 0 23,466
Global X MLP & Energy Infrastructure ETF Common Stock 37950E226 18,205 2,965 SH   SOLE 0.00 2,965 0 0
Health Care Select Sector SPDR Fund Common Stock 81369y209 79,504,243 897,541 SH   SOLE 0.00 882,182 0 15,359
Honeywell Intl. Inc. Common Stock 438516106 27,963,046 209,007 SH   SOLE 0.00 200,251 0 8,756
Industrial Select Sector SPDR Common Stock 81369y704 25,897,164 438,860 SH   SOLE 0.00 431,409 0 7,451
IPath Bbg Commodity ETN Common Stock 06738c778 41,341 2,501 SH   SOLE 0.00 2,501 0 0
iShares 0-5 Yr TIPS Bond ETF Common Stock 46429B747 16,217,346 162,335 SH   SOLE 0.00 157,938 0 4,397
iShares Barclays 3 to 7 yr Trsy Bd Fd Common Stock 464288661 24,081,070 180,599 SH   SOLE 0.00 175,719 0 4,880
iShares Barclays 7-10 Yr Trsy Bond Fd Common Stock 464287440 15,549 128 SH   SOLE 0.00 128 0 0
iShares Core Growth Allocation ETF Common Stock 464289867 2,090,683 50,524 SH   SOLE 0.00 32,575 0 17,949
iShares Core MSCI EAFE Common Stock 46432F842 698 14 SH   SOLE 0.00 14 0 0
iShares Core MSCI EM IMI ETF Common Stock 46434G103 1,173 29 SH   SOLE 0.00 29 0 0
iShares iBoxx $ Invest. Grade Corp Bd ETF Common Stock 464287242 17,631,158 142,750 SH   SOLE 0.00 138,938 0 3,812
iShares Int'l Select Divid ETF Common Stock 464288448 2,373 105 SH   SOLE 0.00 105 0 0
ishares Mortgage Real Estate ETF Common Stock 46435G342 2,000 107 SH   SOLE 0.00 107 0 0
iShares MSCI All Country Asia ex Japan ETF Common Stock 464288182 12,080,997 202,294 SH   SOLE 0.00 198,319 0 3,975
iShares Russell 2000 Index Common Stock 464287655 23,366,665 204,147 SH   SOLE 0.00 200,063 0 4,084
iShares Russell 3000 ETF Common Stock 464287689 48,652 328 SH   SOLE 0.00 328 0 0
iShares US Preferred ETF Common Stock 464288687 4,234 133 SH   SOLE 0.00 133 0 0
Johnson & Johnson Common Stock 478160104 28,752,875 219,270 SH   SOLE 0.00 210,374 0 8,896
JPMorgan Chase & Co. Common Stock 46625H100 27,300,517 303,238 SH   SOLE 0.00 290,510 0 12,728
Mastercard Inc. Common Stock 57636Q104 27,084,915 112,125 SH   SOLE 0.00 107,432 0 4,693
Medtronic Inc. Common Stock G5960L103 27,584,619 305,884 SH   SOLE 0.00 293,318 0 12,566
Microsoft Corp Common Stock 594918104 28,679,405 181,849 SH   SOLE 0.00 174,469 0 7,380
PayPal Holdings, Inc. Common Stock 70450Y103 28,193,802 294,483 SH   SOLE 0.00 282,406 0 12,077
Pepsico Inc Common Stock 713448108 27,471,553 228,739 SH   SOLE 0.00 219,295 0 9,444
Pfizer Inc Common Stock 717081103 27,959,619 856,606 SH   SOLE 0.00 822,551 0 34,055
Procter & Gamble Co Common Stock 742718109 27,476,680 249,788 SH   SOLE 0.00 239,519 0 10,269
SPDR Barclays High Yield Bond ETF Common Stock 78468R622 2,842 30 SH   SOLE 0.00 30 0 0
SPDR Gold MiniSharesTrust Common Stock 98149E204 41,029 2,610 SH   SOLE 0.00 2,610 0 0
SPDR Portfolio Short Term Corp. Bd. ETF Common Stock 78464A474 33,253,071 1,099,275 SH   SOLE 0.00 1,074,687 0 24,588
SPDR S&P 500 ETF Trust Common Stock 78462F103 3,687,371 14,306 SH   SOLE 0.00 13,471 0 835
Starbucks Corp Common Stock 855244109 13,676,220 208,035 SH   SOLE 0.00 199,211 0 8,824
Technology Select Sector SPDR Fund Common Stock 81369y803 72,439,294 901,322 SH   SOLE 0.00 884,738 0 16,584
TJX Companies Common Stock 872540109 14,096,443 294,843 SH   SOLE 0.00 282,634 0 12,209
UnitedHealth Group, Inc. Common Stock 91324P102 27,988,665 112,233 SH   SOLE 0.00 107,567 0 4,666
Utilities Select Sector SPDR Fund Common Stock 81369Y886 18,081,841 326,328 SH   SOLE 0.00 320,999 0 5,329
Vanguard FTSE All-World ex-US ETF Common Stock 922042775 85,356,467 2,080,850 SH   SOLE 0.00 2,040,356 0 40,494
Vanguard FTSE Pacific ETF Common Stock 922042866 24,438,115 443,040 SH   SOLE 0.00 434,154 0 8,886
Vanguard Intermediate Term Corp Bond Common Stock 92206c870 33,104,471 380,117 SH   SOLE 0.00 371,490 0 8,627
Verizon Comm. Inc. Common Stock 92343v104 27,789,317 517,203 SH   SOLE 0.00 495,570 0 21,633
VANGUARD TTL WRLD STK INDX Common Stock 922042742 31,337 499 SH   SOLE 0.00 499 0 0
Duke Energy Common Stock 26441c204 19,087 236 SH   SOLE 0.00 236 0 0
ISHARES MSCI ACWI ETF Common Stock 464288257 1,370,971 21,911 SH   SOLE 0.00 20,318 0 1,593
iShares Core MSCI Europe ETF Common Stock 46434V738 7,008 189 SH   SOLE 0.00 189 0 0
Walmart Common Stock 931142103 41,584 366 SH   SOLE 0.00 366 0 0
ISHARES CORE S&P 500 ETF Common Stock 464287200 546,516 2,115 SH   SOLE 0.00 2,115 0 0
ISHARES RUSSELL 1000 ETF Common Stock 464287622 144,219 1,019 SH   SOLE 0.00 1,019 0 0