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
Apple, Inc. Common Stock 037833100 18,215,985 149,128 SH   SOLE 0.00 147,021 0 2,107
iShares MSCI All Country Asia ex Japan ETF Common Stock 464288182 88,850,006 958,882 SH   SOLE 0.00 953,446 0 5,436
Amazon.Com, Inc. Common Stock 023135106 41,955,724 13,560 SH   SOLE 0.00 13,368 0 192
American Express Co. Common Stock 025816109 44,549,639 314,972 SH   SOLE 0.00 310,456 0 4,516
Bank of America Corp Common Stock 060505104 47,013,495 1,215,133 SH   SOLE 0.00 1,197,648 0 17,485
Caterpillar Inc. Common Stock 149123101 47,509,003 204,895 SH   SOLE 0.00 201,949 0 2,946
Comcast Corp. Cl.A Common Stock 20030N101 42,503,350 785,499 SH   SOLE 0.00 774,359 0 11,140
Chevron Corp. Common Stock 166764100 45,755,610 436,641 SH   SOLE 0.00 430,290 0 6,351
Wisdom Tree Emerging Markets ETF Common Stock 97717W315 3,504 79 SH   SOLE 0.00 79 0 0
Facebook Inc Common Stock 30303M102 44,238,700 150,201 SH   SOLE 0.00 148,083 0 2,118
SPDR Gold MiniSharesTrust Common Stock 98149E204 18,105 1,065 SH   SOLE 0.00 1,065 0 0
Alphabet Inc. Class A Common Stock 02079K305 39,600,384 19,200 SH   SOLE 0.00 18,958 0 242
Home Depot Inc. Common Stock 437076102 44,171,201 144,705 SH   SOLE 0.00 142,647 0 2,058
Honeywell Intl. Inc. Common Stock 438516106 43,197,147 199,001 SH   SOLE 0.00 196,159 0 2,842
iShares Barclays 3 to 7 yr Trsy Bd Fd Common Stock 464288661 35,066,468 269,970 SH   SOLE 0.00 268,630 0 1,340
iShares Russell 2000 Index Common Stock 464287655 63,874,637 289,104 SH   SOLE 0.00 287,443 0 1,661
iShares Russell 3000 ETF Common Stock 464287689 79,234 334 SH   SOLE 0.00 334 0 0
Johnson & Johnson Common Stock 478160104 40,385,232 245,727 SH   SOLE 0.00 242,249 0 3,478
SPDR Barclays High Yield Bond ETF Common Stock 78468R622 5,766 53 SH   SOLE 0.00 53 0 0
JPMorgan Chase & Co. Common Stock 46625H100 43,888,517 288,304 SH   SOLE 0.00 284,182 0 4,122
iShares iBoxx $ Invest. Grade Corp Bd ETF Common Stock 464287242 38,426,497 295,474 SH   SOLE 0.00 294,006 0 1,468
iShares Int Rate Hedged Corp Bd ETF Common Stock 46431W705 6,756 70 SH   SOLE 0.00 70 0 0
Mastercard Inc. Common Stock 57636Q104 42,512,013 119,399 SH   SOLE 0.00 117,692 0 1,707
Medtronic Inc. Common Stock G5960L103 40,408,256 342,066 SH   SOLE 0.00 337,215 0 4,851
Global X MLP & Energy Infrastructure ETF Common Stock 37954Y293 39,026 1,235 SH   SOLE 0.00 1,235 0 0
Microsoft Corp Common Stock 594918104 39,461,296 167,372 SH   SOLE 0.00 165,008 0 2,364
Invesco Optimum Yield Dvsfd ETF Common Stock 46090F100 87,959 5,105 SH   SOLE 0.00 5,105 0 0
iShares US Preferred ETF Common Stock 464288687 8,908 232 SH   SOLE 0.00 232 0 0
PayPal Holdings, Inc. Common Stock 70450Y103 35,134,576 144,682 SH   SOLE 0.00 142,636 0 2,046
Qualcomm Inc. Common Stock 747525103 17,222,645 129,894 SH   SOLE 0.00 128,169 0 1,725
ishares Mortgage Real Estate ETF Common Stock 46435G342 5,394 153 SH   SOLE 0.00 153 0 0
SPDR Portfolio Short Term Corp. Bd. ETF Common Stock 78464A474 75,637,101 2,415,749 SH   SOLE 0.00 2,403,788 0 11,961
TJX Companies Common Stock 872540109 38,760,658 585,951 SH   SOLE 0.00 577,644 0 8,307
UnitedHealth Group, Inc. Common Stock 91324P102 45,915,298 123,405 SH   SOLE 0.00 121,636 0 1,769
Union Pacific Corp Common Stock 907818108 43,758,217 198,531 SH   SOLE 0.00 195,711 0 2,820
Vanguard Intermediate Term Corp Bond Common Stock 92206c870 112,222,182 1,206,301 SH   SOLE 0.00 1,200,332 0 5,969
Vanguard FTSE All-World ex-US ETF Common Stock 922042775 216,399,928 3,566,248 SH   SOLE 0.00 3,546,331 0 19,917
Vanguard FTSE Pacific ETF Common Stock 922042866 61,595,158 754,288 SH   SOLE 0.00 750,001 0 4,287
Vanguard Intl High Dividend Yield ETF Common Stock 921946794 8,050 123 SH   SOLE 0.00 123 0 0
Communication Services Sel Sect SPDR Fd Common Stock 81369Y852 148,287,940 2,022,476 SH   SOLE 0.00 2,011,948 0 10,528
Energy Select Sector SPDR Common Stock 81369y506 50,460,564 1,028,548 SH   SOLE 0.00 1,023,152 0 5,396
Financial Select Sector SPDR Common Stock 81369Y605 147,830,901 4,341,583 SH   SOLE 0.00 4,318,966 0 22,617
Industrial Select Sector SPDR Common Stock 81369y704 148,722,409 1,510,639 SH   SOLE 0.00 1,502,797 0 7,842
Technology Select Sector SPDR Fund Common Stock 81369y803 186,151,844 1,401,640 SH   SOLE 0.00 1,394,411 0 7,229
Health Care Select Sector SPDR Fund Common Stock 81369y209 135,156,059 1,157,752 SH   SOLE 0.00 1,151,813 0 5,939
Consumer Discretionary Select Sect SPDR Fd Common Stock 81369y407 136,729,072 813,524 SH   SOLE 0.00 809,331 0 4,193
ISHARES CORE S&P 500 ETF Common Stock 464287200 49,329 124 SH   SOLE 0.00 124 0 0
ISHARES RUSSELL 1000 ETF Common Stock 464287622 228,082 1,019 SH   SOLE 0.00 1,019 0 0
PROCTER & GAMBLE Common Stock 742718109 28,304 209 SH   SOLE 0.00 209 0 0
SPDR S&P 500 ETF TRUST Common Stock 78462F103 1,526,663 3,852 SH   SOLE 0.00 3,743 0 109
ISHARES CORE GROWTH ALLOCATI Common Stock 464289867 182,960 3,416 SH   SOLE 0.00 3,416 0 0
ISHARES 0-5 YR TIPS Common Stock 46429B747 30,975 293 SH   SOLE 0.00 293 0 0
ISHARES MSCI ACWI ETF Common Stock 464288257 39,677 417 SH   SOLE 0.00 417 0 0
CONS STAPLES SEL SECT SPDR FD Common Stock 81369Y308 34,086 499 SH   SOLE 0.00 499 0 0