Wela Strategies, Inc. Activity Q1 2017-Q4 2023

Q4 2023

			Value		Shares		↓ Weighting
IVV	Sell	ISHARES TRcore s&p500 etf	$39,795,578	+11.0%	83,319	-0.2%	21.37%	-0.3%
SPTI	Sell	SPDR SER TRportfli intrmdit	$22,832,672	+3.2%	799,463	-0.5%	12.26%	-7.2%
LQD	Sell	ISHARES TRiboxx inv cp etf	$20,534,057	+981.3%	185,560	-0.3%	11.03%	+871.6%
IJH	Buy	ISHARES TRcore s&p mcp etf	$13,875,460	+12.6%	50,065	+1.3%	7.45%	+1.2%
VNQ	Buy	VANGUARD INDEX FDSreal estate etf	$9,536,721	+16.0%	107,931	+0.6%	5.12%	+4.3%
BND	Buy	VANGUARD BD INDEX FDStotal bnd mrkt	$9,153,733	+7.7%	124,456	+2.2%	4.92%	-3.2%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$7,447,862	+5.9%	181,213	+1.0%	4.00%	-4.9%
IJR	Buy	ISHARES TRcore s&p scp etf	$7,109,266	+15.9%	65,675	+0.7%	3.82%	+4.1%
DGRO	Buy	ISHARES TRcore div grwth	$5,242,020	+11.0%	97,399	+2.1%	2.82%	-0.3%
XLK	Buy	SELECT SECTOR SPDR TRtechnology	$5,238,718	+17.9%	27,217	+0.4%	2.81%	+5.9%
XLF	Buy	SELECT SECTOR SPDR TRfinancial	$5,137,364	+15.4%	136,632	+1.8%	2.76%	+3.7%
XLV	Buy	SELECT SECTOR SPDR TRsbi healthcare	$4,848,158	+9.1%	35,549	+3.0%	2.60%	-2.0%
ANGL	Sell	VANECK ETF TRUSTfallen angel hg	$4,673,534	+5.7%	162,389	-0.6%	2.51%	-5.1%
BIV	Sell	VANGUARD BD INDEX FDSintermed term	$3,410,944	+4.6%	44,647	-1.0%	1.83%	-6.0%
BSV	Sell	VANGUARD BD INDEX FDSshort trm bond	$2,814,502	+1.0%	36,543	-1.4%	1.51%	-9.2%
FLRN	Sell	SPDR SER TRbloomberg invt	$2,704,685	-1.9%	88,417	-1.5%	1.45%	-11.8%
BLV	Sell	VANGUARD BD INDEX FDSlong term bond	$2,289,719	+10.5%	30,701	-0.6%	1.23%	-0.6%
EMLP	Buy	FIRST TR EXCHANGE-TRADED FDno amer energy	$2,252,737	+5.9%	81,356	+1.0%	1.21%	-4.9%
IEFA	Buy	ISHARES TRcore msci eafe	$1,815,323	-89.0%	258,043	+0.6%	0.98%	-90.1%
IQLT	Sell	ISHARES TRmsci intl qualty	$1,250,497	+11.6%	33,293	-0.2%	0.67%	+0.3%
BHK	Buy	BLACKROCK CORE BD TR	$1,015,593	+10.2%	93,088	+0.4%	0.54%	-1.1%
BTZ	Buy	BLACKROCK CR ALLOCATION INCO	$985,653	+7.1%	95,509	+0.5%	0.53%	-3.8%
JPC	New	NUVEEN PFD & INCOME OPPORTUN	$972,874	–	143,916	–	0.52%	–
HIO	Buy	WESTERN ASSET HIGH INCOME OP	$965,896	+6.1%	250,232	+0.0%	0.52%	-4.6%
IGD	Buy	VOYA GLBL EQTY DIV & PREM OP	$928,656	+1.8%	186,852	+0.4%	0.50%	-8.4%
CWI	Sell	SPDR INDEX SHS FDSmsci acwi exus	$714,046	+7.7%	26,407	-0.8%	0.38%	-3.3%
LMT	Buy	LOCKHEED MARTIN CORP	$629,142	+14.2%	1,388	+3.0%	0.34%	+2.7%
HD	Buy	HOME DEPOT INC	$586,549	+14.9%	1,693	+0.2%	0.32%	+3.3%
CVS	Buy	CVS HEALTH CORP	$519,627	+27.5%	6,581	+12.8%	0.28%	+14.3%
AYI	New	ACUITY BRANDS INC	$512,075	–	2,500	–	0.28%	–
VXF	Sell	VANGUARD INDEX FDSextend mkt etf	$494,940	+9.3%	3,010	-4.7%	0.27%	-1.8%
CVX	Buy	CHEVRON CORP NEW	$482,208	-3.1%	3,233	+9.6%	0.26%	-12.8%
RIO	Buy	RIO TINTO PLCsponsored adr	$447,842	+21.5%	6,015	+3.9%	0.24%	+9.5%
AXP	Buy	AMERICAN EXPRESS CO	$418,346	+30.7%	2,233	+4.1%	0.22%	+17.8%
AAPL	Sell	APPLE INC	$413,757	-0.9%	2,149	-11.9%	0.22%	-10.8%
JNJ	Buy	JOHNSON & JOHNSON	$412,094	+17.5%	2,629	+16.8%	0.22%	+5.2%
GILD	Buy	GILEAD SCIENCES INC	$395,376	+13.4%	4,881	+4.9%	0.21%	+1.9%
CMI	Buy	CUMMINS INC	$388,645	+10.0%	1,622	+4.8%	0.21%	-0.9%
CSCO	Buy	CISCO SYS INC	$363,206	+5.0%	7,189	+11.7%	0.20%	-5.8%
NEM	New	NEWMONT CORP	$360,290	–	8,705	–	0.19%	–
EOG	Buy	EOG RES INC	$357,736	+0.6%	2,958	+5.5%	0.19%	-9.4%
SO	Buy	SOUTHERN CO	$351,047	+11.8%	5,006	+3.2%	0.19%	+0.5%
TSN	Sell	TYSON FOODS INCcl a	$328,209	+0.4%	6,106	-5.7%	0.18%	-9.7%
CSX	Buy	CSX CORP	$262,417	+13.9%	7,569	+1.0%	0.14%	+2.2%
KO	Buy	COCA COLA CO	$260,765	+9.3%	4,425	+3.8%	0.14%	-2.1%
MSFT	New	MICROSOFT CORP	$244,802	–	651	–	0.13%	–
NSC	New	NORFOLK SOUTHN CORP	$233,071	–	986	–	0.12%	–
T	New	AT&T INC	$177,388	–	10,571	–	0.10%	–
	Exit	ZYMEWORKS INC	$0	–	-70,255	–	-0.27%	–
JPS	Exit	NUVEEN PFD & INCOME SECS FD	$0	–	-145,690	–	-0.54%	–

Q3 2023

			Value		Shares		↓ Weighting
IVV	New	ISHARES TRcore s&p500 etf	$35,862,612	–	83,512	–	21.44%	–
SPTI	Buy	SPDR SER TRportfli intrmdit	$22,114,711	+3.3%	803,295	+6.1%	13.22%	-19.7%
IEFA	Buy	ISHARES TRcore msci eafe	$16,511,660	-2.8%	256,591	+2.0%	9.87%	-24.5%
IJH	New	ISHARES TRcore s&p mcp etf	$12,319,776	–	49,408	–	7.36%	–
BND	Buy	VANGUARD BD INDEX FDStotal bnd mrkt	$8,499,500	-2.4%	121,804	+1.7%	5.08%	-24.1%
VNQ	Buy	VANGUARD INDEX FDSreal estate etf	$8,219,270	+3.1%	107,276	+12.4%	4.91%	-19.9%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$7,035,978	-2.0%	179,443	+1.6%	4.21%	-23.9%
IJR	New	ISHARES TRcore s&p scp etf	$6,134,225	–	65,209	–	3.67%	–
DGRO	Buy	ISHARES TRcore div grwth	$4,724,268	+1.8%	95,382	+5.9%	2.82%	-20.9%
XLF	Buy	SELECT SECTOR SPDR TRfinancial	$4,452,239	+5.9%	134,225	+7.6%	2.66%	-17.7%
XLK	Sell	SELECT SECTOR SPDR TRtechnology	$4,443,985	-20.0%	27,109	-15.1%	2.66%	-37.8%
XLV	Buy	SELECT SECTOR SPDR TRsbi healthcare	$4,443,255	-1.1%	34,513	+2.0%	2.66%	-23.1%
ANGL	Buy	VANECK ETF TRUSTfallen angel hg	$4,422,872	+1.1%	163,447	+3.7%	2.64%	-21.5%
BIV	Sell	VANGUARD BD INDEX FDSintermed term	$3,259,452	-6.4%	45,076	-2.7%	1.95%	-27.3%
BSV	Sell	VANGUARD BD INDEX FDSshort trm bond	$2,785,617	-3.6%	37,058	-3.1%	1.66%	-25.1%
FLRN	Sell	SPDR SER TRbloomberg invt	$2,756,787	-3.3%	89,740	-3.4%	1.65%	-24.9%
EMLP	Buy	FIRST TR EXCHANGE-TRADED FDno amer energy	$2,128,138	+18.0%	80,550	+20.6%	1.27%	-8.3%
BLV	Sell	VANGUARD BD INDEX FDSlong term bond	$2,071,376	-11.3%	30,889	-0.9%	1.24%	-31.1%
LQD	Buy	ISHARES TRiboxx inv cp etf	$1,899,005	-90.1%	186,149	+4.4%	1.14%	-92.3%
IQLT	Sell	ISHARES TRmsci intl qualty	$1,120,860	-8.5%	33,349	-3.1%	0.67%	-28.9%
BHK	Buy	BLACKROCK CORE BD TR	$921,341	+0.7%	92,690	+7.8%	0.55%	-21.7%
BTZ	Buy	BLACKROCK CR ALLOCATION INCO	$920,258	+2.7%	95,068	+7.7%	0.55%	-20.2%
IGD	New	VOYA GLBL EQTY DIV & PREM OP	$912,229	–	186,169	–	0.54%	–
HIO	Buy	WESTERN ASSET HIGH INCOME OP	$910,441	-0.1%	250,121	+3.7%	0.54%	-22.4%
JPS	New	NUVEEN PFD & INCOME SECS FD	$898,909	–	145,690	–	0.54%	–
CWI	Buy	SPDR INDEX SHS FDSmsci acwi exus	$662,754	+2.4%	26,627	+7.5%	0.40%	-20.5%
LMT	Buy	LOCKHEED MARTIN CORP	$550,889	-10.8%	1,347	+0.4%	0.33%	-30.7%
HD	Sell	HOME DEPOT INC	$510,362	-10.1%	1,689	-7.6%	0.30%	-30.2%
CVX	Sell	CHEVRON CORP NEW	$497,498	+5.5%	2,950	-1.6%	0.30%	-18.2%
VXF	Buy	VANGUARD INDEX FDSextend mkt etf	$452,803	+4.0%	3,159	+8.0%	0.27%	-19.1%
	Buy	ZYMEWORKS INC	$445,417	+67.8%	70,255	+128.7%	0.27%	+30.4%
AAPL	Sell	APPLE INC	$417,351	-15.8%	2,438	-4.6%	0.25%	-34.6%
CVS	Buy	CVS HEALTH CORP	$407,427	+34.0%	5,835	+32.7%	0.24%	+4.3%
RIO	Buy	RIO TINTO PLCsponsored adr	$368,510	+12.6%	5,791	+12.9%	0.22%	-12.7%
EOG	Sell	EOG RES INC	$355,462	-3.4%	2,804	-12.8%	0.21%	-25.1%
CMI	Buy	CUMMINS INC	$353,410	-4.9%	1,547	+2.0%	0.21%	-26.2%
JNJ	New	JOHNSON & JOHNSON	$350,593	–	2,251	–	0.21%	–
GILD	Buy	GILEAD SCIENCES INC	$348,633	-1.5%	4,652	+1.3%	0.21%	-23.5%
CSCO	Sell	CISCO SYS INC	$345,930	-13.8%	6,435	-17.0%	0.21%	-33.0%
TSN	Buy	TYSON FOODS INCcl a	$327,003	+3.4%	6,477	+4.5%	0.20%	-19.8%
AXP	New	AMERICAN EXPRESS CO	$320,162	–	2,146	–	0.19%	–
SO	Sell	SOUTHERN CO	$313,857	-8.0%	4,849	-0.1%	0.19%	-28.2%
KO	Buy	COCA COLA CO	$238,643	-6.7%	4,263	+0.4%	0.14%	-27.4%
EXC	New	EXELON CORP	$18,702	–	18,702	–	0.01%	–
NSC	Exit	NORFOLK SOUTHN CORP	$0	–	-986	–	-0.17%	–
NEM	Exit	NEWMONT CORP	$0	–	-8,733	–	-0.29%	–
LEN	Exit	LENNAR CORPcl a	$0	–	-3,967	–	-0.38%	–

Q2 2023

			Value		Shares		↓ Weighting
SPTI	New	SPDR SER TRportfli intrmdit	$21,409,583	–	756,790	–	16.47%	–
LQD	New	ISHARES TRiboxx inv cp etf	$19,277,290	–	178,262	–	14.83%	–
IEFA	New	ISHARES TRcore msci eafe	$16,986,415	–	251,650	–	13.07%	–
BND	New	VANGUARD BD INDEX FDStotal bnd mrkt	$8,705,132	–	119,757	–	6.70%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$7,974,737	–	95,437	–	6.13%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$7,182,235	–	176,554	–	5.52%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$5,553,839	–	31,945	–	4.27%	–
DGRO	New	ISHARES TRcore div grwth	$4,639,606	–	90,037	–	3.57%	–
XLV	New	SELECT SECTOR SPDR TRsbi healthcare	$4,492,316	–	33,846	–	3.46%	–
ANGL	New	VANECK ETF TRUSTfallen angel hg	$4,376,696	–	157,605	–	3.37%	–
XLF	New	SELECT SECTOR SPDR TRfinancial	$4,203,381	–	124,693	–	3.23%	–
BIV	New	VANGUARD BD INDEX FDSintermed term	$3,483,652	–	46,306	–	2.68%	–
BSV	New	VANGUARD BD INDEX FDSshort trm bond	$2,889,326	–	38,234	–	2.22%	–
FLRN	New	SPDR SER TRbloomberg invt	$2,851,224	–	92,904	–	2.19%	–
BLV	New	VANGUARD BD INDEX FDSlong term bond	$2,334,865	–	31,165	–	1.80%	–
EMLP	New	FIRST TR EXCHANGE-TRADED FDno amer energy	$1,803,651	–	66,802	–	1.39%	–
IQLT	New	ISHARES TRmsci intl qualty	$1,224,606	–	34,399	–	0.94%	–
BHK	New	BLACKROCK CORE BD TR	$914,681	–	85,966	–	0.70%	–
HIO	New	WESTERN ASSET HIGH INCOME OP	$911,593	–	241,162	–	0.70%	–
BTZ	New	BLACKROCK CR ALLOCATION INCO	$895,646	–	88,241	–	0.69%	–
CWI	New	SPDR INDEX SHS FDSmsci acwi exus	$647,249	–	24,770	–	0.50%	–
LMT	New	LOCKHEED MARTIN CORP	$617,370	–	1,341	–	0.48%	–
HD	New	HOME DEPOT INC	$567,707	–	1,828	–	0.44%	–
LEN	New	LENNAR CORPcl a	$497,105	–	3,967	–	0.38%	–
AAPL	New	APPLE INC	$495,763	–	2,556	–	0.38%	–
CVX	New	CHEVRON CORP NEW	$471,584	–	2,997	–	0.36%	–
VXF	New	VANGUARD INDEX FDSextend mkt etf	$435,247	–	2,924	–	0.34%	–
CSCO	New	CISCO SYS INC	$401,098	–	7,752	–	0.31%	–
NEM	New	NEWMONT CORP	$372,550	–	8,733	–	0.29%	–
CMI	New	CUMMINS INC	$371,577	–	1,516	–	0.29%	–
EOG	New	EOG RES INC	$368,039	–	3,216	–	0.28%	–
GILD	New	GILEAD SCIENCES INC	$353,800	–	4,591	–	0.27%	–
SO	New	SOUTHERN CO	$340,996	–	4,854	–	0.26%	–
RIO	New	RIO TINTO PLCsponsored adr	$327,372	–	5,128	–	0.25%	–
TSN	New	TYSON FOODS INCcl a	$316,244	–	6,196	–	0.24%	–
CVS	New	CVS HEALTH CORP	$303,965	–	4,397	–	0.23%	–
	New	ZYMEWORKS INC	$265,455	–	30,724	–	0.20%	–
KO	New	COCA COLA CO	$255,688	–	4,246	–	0.20%	–
CSX	New	CSX CORP	$255,545	–	7,494	–	0.20%	–
NSC	New	NORFOLK SOUTHN CORP	$223,585	–	986	–	0.17%	–

Q4 2022

			Value		Shares		↓ Weighting
EXC	Exit	EXELON CORP COM	$0	–	-18,702	–	-0.01%	–
ZYME	Exit	ZYMEWORKS INC COM	$0	–	-14,796	–	-0.06%	–
VXF	Exit	VANGUARD EXTENDED MARKET ETFextend mkt etf	$0	–	-1,632	–	-0.14%	–
NSC	Exit	NORFOLK SOUTHERN CRP	$0	–	-1,098	–	-0.16%	–
KO	Exit	COCA COLA CO COM	$0	–	-4,437	–	-0.17%	–
TSN	Exit	TYSON FOODS INC CL Acl a	$0	–	-3,832	–	-0.17%	–
BBY	Exit	BEST BUY INC	$0	–	-4,239	–	-0.18%	–
LEN	Exit	LENNAR CORP CL Acl a	$0	–	-3,704	–	-0.19%	–
CSCO	Exit	CISCO SYS INC	$0	–	-7,069	–	-0.19%	–
EOG	Exit	EOG RES INC COM	$0	–	-2,551	–	-0.19%	–
CMI	Exit	CUMMINS INC COM	$0	–	-1,440	–	-0.20%	–
CAH	Exit	CARDINAL HEALTH INC COM	$0	–	-4,574	–	-0.21%	–
SO	Exit	SOUTHERN CO COM	$0	–	-4,604	–	-0.21%	–
GILD	Exit	GILEAD SCIENCES INC COM	$0	–	-5,097	–	-0.21%	–
NEM	Exit	NEWMONT CORP COM	$0	–	-7,529	–	-0.21%	–
CVX	Exit	CHEVRON CORP NEW COM	$0	–	-2,330	–	-0.23%	–
AAPL	Exit	APPLE INC	$0	–	-2,482	–	-0.23%	–
CWI	Exit	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$0	–	-16,801	–	-0.24%	–
HD	Exit	HOME DEPOT	$0	–	-1,503	–	-0.28%	–
LMT	Exit	LOCKHEED MARTIN CORP COM	$0	–	-1,296	–	-0.34%	–
IQLT	Exit	ISHARES MSCI INTL QUALITY FACTOR ETFmsci intl quality	$0	–	-19,213	–	-0.36%	–
JPS	Exit	NUVEEN QUALITY PFD INCOME FD 2	$0	–	-120,611	–	-0.54%	–
BHK	Exit	BLACKROCK CORE BD TR SHS BEN INT	$0	–	-80,792	–	-0.55%	–
HIO	Exit	WESTERN ASSET HIGH INCOME OPPO COM	$0	–	-234,075	–	-0.58%	–
IGD	Exit	VOYA GLBL EQTY DIV & PREM OPP COM	$0	–	-174,456	–	-0.59%	–
VVR	Exit	INVESCO SR INCOME TR COM	$0	–	-247,836	–	-0.62%	–
BLV	Exit	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$0	–	-14,061	–	-0.68%	–
BIV	Exit	VANGUARD INTERMEDIATE-TERM BONDintermed term	$0	–	-22,078	–	-1.10%	–
EMLP	Exit	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$0	–	-92,961	–	-1.57%	–
SPTI	Exit	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$0	–	-744,537	–	-1.99%	–
IJR	Exit	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$0	–	-35,943	–	-2.12%	–
DGRO	Exit	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$0	–	-85,368	–	-2.57%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$0	–	-107,033	–	-2.64%	–
ANGL	Exit	VANECK FALLEN ANGEL HIGH YIELD BOND ETFfallen angel hg	$0	–	-156,824	–	-2.78%	–
FLRN	Exit	SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETFbloomberg invt	$0	–	-137,889	–	-2.83%	–
BSV	Exit	VANGUARD SHORT-TERM BOND ETFshort trm bond	$0	–	-55,939	–	-2.83%	–
XLK	Exit	TECHNOLOGY SELECT SECTOR SPDRtechnology	$0	–	-39,121	–	-3.15%	–
XLF	Exit	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$0	–	-159,642	–	-3.28%	–
XLV	Exit	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$0	–	-42,616	–	-3.49%	–
IJH	Exit	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$0	–	-28,539	–	-4.24%	–
VNQ	Exit	VANGUARD REIT INDEX ETFreal estate etf	$0	–	-87,138	–	-4.73%	–
BND	Exit	VANGUARD TOTAL BOND MARKET ETFtotal bnd mrkt	$0	–	-107,868	–	-5.21%	–
IEFA	Exit	ISHARES CORE MSCI EAFE ETFcore msci eafe	$0	–	-175,351	–	-6.24%	–
LQD	Exit	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$0	–	-173,126	–	-12.01%	–
IVV	Exit	ISHARES S&P 500 INDEXcore s&p500 etf	$0	–	-121,371	–	-29.47%	–

Q3 2022

			Value		Shares		↓ Weighting
IVV	Buy	ISHARES S&P 500 INDEXcore s&p500 etf	$43,530,000	+7.0%	121,371	+13.1%	29.47%	+23.5%
LQD	Buy	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$17,737,000	+12.9%	173,126	+21.3%	12.01%	+30.3%
IEFA	Sell	ISHARES CORE MSCI EAFE ETFcore msci eafe	$9,216,000	-37.9%	175,351	-30.4%	6.24%	-28.3%
BND	Sell	VANGUARD TOTAL BOND MARKET ETFtotal bnd mrkt	$7,694,000	-5.5%	107,868	-0.3%	5.21%	+9.0%
VNQ	Sell	VANGUARD REIT INDEX ETFreal estate etf	$6,986,000	-14.5%	87,138	-2.8%	4.73%	-1.4%
IJH	Buy	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$6,257,000	+6.9%	28,539	+10.3%	4.24%	+23.3%
XLV	Buy	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$5,161,000	+1.6%	42,616	+7.6%	3.49%	+17.2%
XLF	Buy	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$4,847,000	+16.0%	159,642	+20.1%	3.28%	+33.8%
XLK	Buy	TECHNOLOGY SELECT SECTOR SPDRtechnology	$4,647,000	+7.5%	39,121	+15.1%	3.15%	+24.1%
BSV	Sell	VANGUARD SHORT-TERM BOND ETFshort trm bond	$4,185,000	-13.3%	55,939	-11.1%	2.83%	+0.0%
FLRN	Sell	SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETFbloomberg invt	$4,178,000	-14.2%	137,889	-14.7%	2.83%	-1.0%
ANGL	Buy	VANECK FALLEN ANGEL HIGH YIELD BOND ETFfallen angel hg	$4,114,000	+5.2%	156,824	+8.4%	2.78%	+21.4%
VWO	Sell	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$3,906,000	-39.7%	107,033	-31.2%	2.64%	-30.5%
DGRO	Buy	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$3,796,000	+6.2%	85,368	+13.8%	2.57%	+22.6%
IJR	Buy	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$3,134,000	+4.4%	35,943	+10.6%	2.12%	+20.4%
SPTI	Buy	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$2,944,000	-85.9%	744,537	+4.9%	1.99%	-83.8%
EMLP	Buy	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$2,313,000	+12.2%	92,961	+16.1%	1.57%	+29.5%
BIV	Sell	VANGUARD INTERMEDIATE-TERM BONDintermed term	$1,622,000	-11.2%	22,078	-6.1%	1.10%	+2.5%
BLV	Buy	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$1,012,000	-6.3%	14,061	+3.8%	0.68%	+8.0%
VVR	Buy	INVESCO SR INCOME TR COM	$922,000	+6.1%	247,836	+11.0%	0.62%	+22.4%
IGD	Buy	VOYA GLBL EQTY DIV & PREM OPP COM	$872,000	-7.3%	174,456	+1.9%	0.59%	+6.9%
HIO	Buy	WESTERN ASSET HIGH INCOME OPPO COM	$861,000	+2.0%	234,075	+9.9%	0.58%	+17.8%
BHK	Buy	BLACKROCK CORE BD TR SHS BEN INT	$808,000	-2.8%	80,792	+10.1%	0.55%	+12.1%
JPS	New	NUVEEN QUALITY PFD INCOME FD 2	$792,000	–	120,611	–	0.54%	–
IQLT	New	ISHARES MSCI INTL QUALITY FACTOR ETFmsci intl quality	$534,000	–	19,213	–	0.36%	–
LMT	Buy	LOCKHEED MARTIN CORP COM	$501,000	-8.7%	1,296	+1.6%	0.34%	+5.3%
HD	Buy	HOME DEPOT	$415,000	+3.0%	1,503	+2.2%	0.28%	+19.1%
CWI	Sell	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$356,000	-23.3%	16,801	-13.9%	0.24%	-11.4%
AAPL	Sell	APPLE INC	$343,000	+0.9%	2,482	-0.1%	0.23%	+16.6%
CVX	Buy	CHEVRON CORP NEW COM	$335,000	+7.4%	2,330	+8.2%	0.23%	+24.0%
NEM	Buy	NEWMONT CORP COM	$316,000	+25.9%	7,529	+79.1%	0.21%	+45.6%
GILD	Buy	GILEAD SCIENCES INC COM	$314,000	+7.5%	5,097	+8.0%	0.21%	+24.6%
SO	Sell	SOUTHERN CO COM	$313,000	-11.1%	4,604	-6.7%	0.21%	+2.4%
CAH	Sell	CARDINAL HEALTH INC COM	$305,000	+10.9%	4,574	-13.1%	0.21%	+28.0%
CMI	Buy	CUMMINS INC COM	$293,000	+12.3%	1,440	+6.8%	0.20%	+29.4%
EOG	New	EOG RES INC COM	$285,000	–	2,551	–	0.19%	–
CSCO	Buy	CISCO SYS INC	$283,000	+27.5%	7,069	+36.0%	0.19%	+47.7%
LEN	Buy	LENNAR CORP CL Acl a	$276,000	+26.0%	3,704	+19.3%	0.19%	+45.0%
BBY	Buy	BEST BUY INC	$268,000	+30.7%	4,239	+35.1%	0.18%	+50.8%
TSN	Buy	TYSON FOODS INC CL Acl a	$253,000	+5.0%	3,832	+36.6%	0.17%	+21.3%
KO	Buy	COCA COLA CO COM	$249,000	-8.8%	4,437	+2.2%	0.17%	+5.6%
VXF	New	VANGUARD EXTENDED MARKET ETFextend mkt etf	$207,000	–	1,632	–	0.14%	–
CSX	Exit	CSX CORP	$0	–	-7,863	–	-0.13%	–
HII	Exit	HUNTINGTON INGALLS INDS INC COM	$0	–	-1,479	–	-0.19%	–
BTZ	Exit	BLACKROCK CREDIT ALLOC INCOME TRUST	$0	–	-77,047	–	-0.49%	–
VYMI	Exit	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$0	–	-17,649	–	-0.61%	–

Q2 2022

			Value		Shares		↓ Weighting
IVV	New	ISHARES S&P 500 INDEXcore s&p500 etf	$40,671,000	–	107,269	–	23.86%	–
SPTI	New	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$20,919,000	–	709,853	–	12.27%	–
LQD	New	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$15,708,000	–	142,761	–	9.22%	–
IEFA	New	ISHARES CORE MSCI EAFE ETFcore msci eafe	$14,830,000	–	251,996	–	8.70%	–
VNQ	New	VANGUARD REIT INDEX ETFreal estate etf	$8,171,000	–	89,680	–	4.79%	–
BND	New	VANGUARD TOTAL BOND MARKET ETFtotal bnd mrkt	$8,146,000	–	108,235	–	4.78%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$6,479,000	–	155,555	–	3.80%	–
IJH	New	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$5,854,000	–	25,878	–	3.44%	–
XLV	New	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$5,078,000	–	39,602	–	2.98%	–
FLRN	New	SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETFbloomberg invt	$4,870,000	–	161,727	–	2.86%	–
BSV	New	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$4,827,000	–	62,897	–	2.83%	–
XLK	New	TECHNOLOGY SELECT SECTOR SPDRtechnology	$4,322,000	–	34,000	–	2.54%	–
XLF	New	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$4,180,000	–	132,900	–	2.45%	–
ANGL	New	VANECK FALLEN ANGEL HIGH YIELD BOND ETFfallen angel hg	$3,910,000	–	144,709	–	2.29%	–
DGRO	New	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$3,574,000	–	75,016	–	2.10%	–
IJR	New	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$3,003,000	–	32,495	–	1.76%	–
EMLP	New	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$2,061,000	–	80,061	–	1.21%	–
BIV	New	VANGUARD INTERMEDIATE-TERM BONDintermed term	$1,826,000	–	23,518	–	1.07%	–
BLV	New	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$1,080,000	–	13,544	–	0.63%	–
VYMI	New	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$1,038,000	–	17,649	–	0.61%	–
IGD	New	VOYA GLBL EQTY DIV & PREM OPP COM	$941,000	–	171,154	–	0.55%	–
VVR	New	INVESCO SR INCOME TR COM	$869,000	–	223,371	–	0.51%	–
HIO	New	WESTERN ASSET HIGH INCOME OPPO COM	$844,000	–	213,023	–	0.50%	–
BTZ	New	BLACKROCK CREDIT ALLOC INCOME TRUST	$839,000	–	77,047	–	0.49%	–
BHK	New	BLACKROCK CORE BD TR SHS BEN INT	$831,000	–	73,389	–	0.49%	–
LMT	New	LOCKHEED MARTIN CORP COM	$549,000	–	1,276	–	0.32%	–
CWI	New	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$464,000	–	19,511	–	0.27%	–
HD	New	HOME DEPOT	$403,000	–	1,470	–	0.24%	–
SO	New	SOUTHERN CO COM	$352,000	–	4,936	–	0.21%	–
AAPL	New	APPLE INC	$340,000	–	2,485	–	0.20%	–
HII	New	HUNTINGTON INGALLS INDS INC COM	$322,000	–	1,479	–	0.19%	–
CVX	New	CHEVRON CORP NEW COM	$312,000	–	2,153	–	0.18%	–
GILD	New	GILEAD SCIENCES INC COM	$292,000	–	4,720	–	0.17%	–
CAH	New	CARDINAL HEALTH INC COM	$275,000	–	5,264	–	0.16%	–
KO	New	COCA COLA CO COM	$273,000	–	4,343	–	0.16%	–
CMI	New	CUMMINS INC COM	$261,000	–	1,348	–	0.15%	–
NEM	New	NEWMONT CORP COM	$251,000	–	4,203	–	0.15%	–
NSC	New	NORFOLK SOUTHERN CRP	$250,000	–	1,098	–	0.15%	–
TSN	New	TYSON FOODS INC CL Acl a	$241,000	–	2,806	–	0.14%	–
CSX	New	CSX CORP	$228,000	–	7,863	–	0.13%	–
CSCO	New	CISCO SYS INC	$222,000	–	5,196	–	0.13%	–
LEN	New	LENNAR CORP CL Acl a	$219,000	–	3,105	–	0.13%	–
BBY	New	BEST BUY INC	$205,000	–	3,138	–	0.12%	–
ZYME	New	ZYMEWORKS INC COM	$78,000	–	14,796	–	0.05%	–
EXC	New	EXELON CORP COM	$19,000	–	18,702	–	0.01%	–

Q4 2021

			Value		Shares		↓ Weighting
EXC	Exit	EXELON CORP COM	$0	–	-18,702	–	-0.01%	–
SO	Exit	SOUTHERN CO COM	$0	–	-3,403	–	-0.11%	–
SDY	Exit	SPDR SER TR S&P DIVID ETFs&p divid etf	$0	–	-1,821	–	-0.11%	–
BBY	Exit	BEST BUY INC	$0	–	-2,234	–	-0.12%	–
KO	Exit	COCA COLA CO COM	$0	–	-4,625	–	-0.13%	–
HII	Exit	HUNTINGTON INGALLS INDS INC COM	$0	–	-1,292	–	-0.13%	–
NEM	Exit	NEWMONT CORP COM	$0	–	-4,703	–	-0.13%	–
BAC	Exit	BK OF AMERICA CORP COM	$0	–	-6,061	–	-0.13%	–
CAH	Exit	CARDINAL HEALTH INC COM	$0	–	-5,171	–	-0.13%	–
NSC	Exit	NORFOLK SOUTHERN CRP	$0	–	-1,164	–	-0.14%	–
CSCO	Exit	CISCO SYS INC	$0	–	-5,319	–	-0.15%	–
GILD	Exit	GILEAD SCIENCES INC COM	$0	–	-4,177	–	-0.15%	–
CMI	Exit	CUMMINS INC COM	$0	–	-1,300	–	-0.15%	–
PFE	Exit	PFIZER INC COM	$0	–	-7,096	–	-0.16%	–
CWI	Exit	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$0	–	-12,498	–	-0.19%	–
VXF	Exit	VANGUARD EXTENDED MARKET ETFextend mkt etf	$0	–	-2,117	–	-0.20%	–
AAPL	Exit	APPLE INC	$0	–	-3,297	–	-0.24%	–
HD	Exit	HOME DEPOT	$0	–	-1,454	–	-0.25%	–
LMT	Exit	LOCKHEED MARTIN CORP COM	$0	–	-1,386	–	-0.25%	–
VYMI	Exit	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$0	–	-12,080	–	-0.42%	–
IGD	Exit	VOYA GLBL EQTY DIV & PREM OPP COM	$0	–	-143,031	–	-0.44%	–
BTZ	Exit	BLACKROCK CREDIT ALLOC INCOME TRUST	$0	–	-55,790	–	-0.44%	–
HIO	Exit	WESTERN ASSET HIGH INCOME OPPO COM	$0	–	-165,820	–	-0.45%	–
JFR	Exit	NUVEEN FLOATING RATEINCOME FD COM	$0	–	-87,954	–	-0.46%	–
JRO	Exit	NUVEEN FLOATING RATE INCOME OP COM SHS	$0	–	-88,754	–	-0.46%	–
BLV	Exit	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$0	–	-14,519	–	-0.78%	–
EMLP	Exit	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$0	–	-87,129	–	-1.08%	–
BIV	Exit	VANGUARD INTERMEDIATE-TERM BONDintermed term	$0	–	-25,884	–	-1.21%	–
XLV	Exit	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$0	–	-34,685	–	-2.30%	–
DGRO	Exit	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$0	–	-89,420	–	-2.34%	–
XLK	Exit	TECHNOLOGY SELECT SECTOR SPDRtechnology	$0	–	-30,372	–	-2.37%	–
XLF	Exit	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$0	–	-122,861	–	-2.40%	–
ANGL	Exit	VANECK FALLEN ANGEL HIGH YIELD BOND ETFlong term bond	$0	–	-146,125	–	-2.52%	–
FLRN	Exit	SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETFbloomberg brc inv	$0	–	-181,176	–	-2.90%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$0	–	-93,851	–	-2.97%	–
BSV	Exit	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$0	–	-71,582	–	-3.06%	–
BND	Exit	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$0	–	-87,554	–	-3.90%	–
IJR	Exit	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$0	–	-69,717	–	-3.97%	–
VNQ	Exit	VANGUARD REIT INDEX ETFreit etf	$0	–	-89,593	–	-4.76%	–
IEFA	Exit	ISHARES CORE MSCI EAFE ETFcore msci eafe	$0	–	-144,828	–	-5.61%	–
IJH	Exit	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$0	–	-56,543	–	-7.76%	–
LQD	Exit	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$0	–	-142,975	–	-9.92%	–
SPTI	Exit	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$0	–	-745,713	–	-12.57%	–
IVV	Exit	ISHARES S&P 500 INDEXcore s&p500 etf	$0	–	-97,989	–	-22.02%	–

Q3 2021

			Value		Shares		↓ Weighting
IVV	Sell	ISHARES S&P 500 INDEXcore s&p500 etf	$42,216,000	-6.7%	97,989	-6.9%	22.02%	+20.2%
SPTI	Buy	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$24,094,000	+8.2%	745,713	+8.4%	12.57%	+39.3%
LQD	Buy	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$19,020,000	+4.8%	142,975	+5.9%	9.92%	+35.0%
IJH	Buy	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$14,875,000	+32.0%	56,543	+34.8%	7.76%	+69.9%
IEFA	Buy	ISHARES CORE MSCI EAFE ETFcore msci eafe	$10,753,000	+21.6%	144,828	+36.4%	5.61%	+56.7%
VNQ	Sell	VANGUARD REIT INDEX ETFreit etf	$9,119,000	-7.2%	89,593	-7.2%	4.76%	+19.5%
IJR	Sell	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$7,612,000	-32.5%	69,717	-30.2%	3.97%	-13.1%
BND	Buy	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$7,482,000	+6.3%	87,554	+6.9%	3.90%	+36.9%
BSV	Buy	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$5,865,000	-89.8%	71,582	+2.7%	3.06%	-86.8%
VWO	Sell	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$5,693,000	-21.4%	93,851	-29.6%	2.97%	+1.2%
FLRN	Buy	SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETFbloomberg brc inv	$5,555,000	+2.4%	181,176	+2.3%	2.90%	+31.8%
ANGL	Buy	VANECK FALLEN ANGEL HIGH YIELD BOND ETFlong term bond	$4,829,000	+6.1%	146,125	+5.6%	2.52%	+36.7%
XLF	Sell	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$4,611,000	-2.3%	122,861	-4.5%	2.40%	+25.8%
XLK	Sell	TECHNOLOGY SELECT SECTOR SPDRtechnology	$4,545,000	-4.4%	30,372	-5.6%	2.37%	+23.2%
DGRO	Sell	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$4,492,000	-12.2%	89,420	-12.0%	2.34%	+13.1%
XLV	Sell	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$4,415,000	-21.7%	34,685	-5.8%	2.30%	+0.9%
BIV	Sell	VANGUARD INTERMEDIATE-TERM BONDintermed term	$2,315,000	-1.6%	25,884	-1.0%	1.21%	+26.7%
EMLP	Buy	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$2,062,000	-2.6%	87,129	+0.7%	1.08%	+25.4%
BLV	Sell	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$1,486,000	-7.1%	14,519	-6.5%	0.78%	+19.6%
JRO	Sell	NUVEEN FLOATING RATE INCOME OP COM SHS	$886,000	-18.3%	88,754	-20.2%	0.46%	+5.2%
JFR	Sell	NUVEEN FLOATING RATEINCOME FD COM	$886,000	-19.2%	87,954	-19.6%	0.46%	+4.1%
HIO	Sell	WESTERN ASSET HIGH INCOME OPPO COM	$861,000	-20.5%	165,820	-19.1%	0.45%	+2.3%
BTZ	Sell	BLACKROCK CREDIT ALLOC INCOME TRUST	$845,000	-19.1%	55,790	-16.8%	0.44%	+4.3%
IGD	Sell	VOYA GLBL EQTY DIV & PREM OPP COM	$844,000	-24.0%	143,031	-23.3%	0.44%	-2.2%
VYMI	Sell	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$798,000	-6.6%	12,080	-3.8%	0.42%	+20.2%
LMT	Buy	LOCKHEED MARTIN CORP COM	$478,000	-5.2%	1,386	+4.0%	0.25%	+22.1%
HD	Buy	HOME DEPOT	$477,000	+3.2%	1,454	+0.4%	0.25%	+33.2%
VXF	Sell	VANGUARD EXTENDED MARKET ETFextend mkt etf	$386,000	-23.9%	2,117	-21.2%	0.20%	-2.0%
CWI	Sell	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$362,000	-15.8%	12,498	-12.2%	0.19%	+8.6%
PFE	Sell	PFIZER INC COM	$305,000	-5.6%	7,096	-14.1%	0.16%	+21.4%
CMI	Buy	CUMMINS INC COM	$292,000	+7.0%	1,300	+16.0%	0.15%	+36.9%
GILD	Sell	GILEAD SCIENCES INC COM	$292,000	+0.3%	4,177	-1.1%	0.15%	+28.8%
CSCO	Sell	CISCO SYS INC	$290,000	-8.2%	5,319	-10.7%	0.15%	+18.0%
BAC	Buy	BK OF AMERICA CORP COM	$257,000	+3.2%	6,061	+0.3%	0.13%	+32.7%
CAH	Buy	CARDINAL HEALTH INC COM	$256,000	-1.5%	5,171	+13.7%	0.13%	+27.6%
NEM	Buy	NEWMONT CORP COM	$255,000	-1.9%	4,703	+14.6%	0.13%	+26.7%
HII	New	HUNTINGTON INGALLS INDS INC COM	$249,000	–	1,292	–	0.13%	–
BBY	New	BEST BUY INC	$236,000	–	2,234	–	0.12%	–
SDY	Buy	SPDR SER TR S&P DIVID ETFs&p divid etf	$214,000	-3.6%	1,821	+0.4%	0.11%	+24.4%
SO	Buy	SOUTHERN CO COM	$211,000	+2.4%	3,403	+0.1%	0.11%	+32.5%
MMM	Exit	3M CO COM	$0	–	-1,562	–	-0.13%	–
OMC	Exit	OMNICOM GROUP INC COM	$0	–	-3,965	–	-0.13%	–

Q2 2021

			Value		Shares		↓ Weighting
BSV	New	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$57,242,000	–	69,672	–	23.18%	–
IVV	New	ISHARES S&P 500 INDEXcore s&p500 etf	$45,242,000	–	105,234	–	18.32%	–
SPTI	New	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$22,272,000	–	687,827	–	9.02%	–
LQD	New	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$18,145,000	–	135,051	–	7.35%	–
IJR	New	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$11,284,000	–	99,873	–	4.57%	–
IJH	New	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$11,272,000	–	41,947	–	4.56%	–
VNQ	New	VANGUARD REIT INDEX ETFreit etf	$9,830,000	–	96,567	–	3.98%	–
IEFA	New	ISHARES CORE MSCI EAFE ETFcore msci eafe	$8,840,000	–	106,185	–	3.58%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$7,242,000	–	133,347	–	2.93%	–
BND	New	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$7,037,000	–	81,930	–	2.85%	–
XLV	New	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$5,638,000	–	36,824	–	2.28%	–
FLRN	New	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETFbloomberg brc inv	$5,426,000	–	177,035	–	2.20%	–
DGRO	New	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$5,115,000	–	101,567	–	2.07%	–
XLK	New	TECHNOLOGY SELECT SECTOR SPDRtechnology	$4,753,000	–	32,186	–	1.92%	–
XLF	New	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$4,720,000	–	128,633	–	1.91%	–
ANGL	New	VANECK VECTORS FALLEN ANGEL HIGH YIELD BOND ETFlong term bond	$4,550,000	–	138,311	–	1.84%	–
BIV	New	VANGUARD INTERMEDIATE-TERM BONDintermed term	$2,353,000	–	26,153	–	0.95%	–
EMLP	New	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$2,117,000	–	86,558	–	0.86%	–
BLV	New	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$1,600,000	–	15,530	–	0.65%	–
IGD	New	VOYA GLBL EQTY DIV & PREM OPP COM	$1,111,000	–	186,385	–	0.45%	–
JFR	New	NUVEEN FLOATING RATEINCOME FD COM	$1,097,000	–	109,432	–	0.44%	–
JRO	New	NUVEEN FLOATING RATE INCOME OP COM SHS	$1,085,000	–	111,202	–	0.44%	–
HIO	New	WESTERN ASSET HIGH INCOME OPPO COM	$1,083,000	–	205,064	–	0.44%	–
BTZ	New	BLACKROCK CREDIT ALLOC INCOME TRUST	$1,045,000	–	67,025	–	0.42%	–
VYMI	New	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$854,000	–	12,559	–	0.35%	–
VXF	New	VANGUARD EXTENDED MARKET ETFextend mkt etf	$507,000	–	2,686	–	0.20%	–
LMT	New	LOCKHEED MARTIN CORP COM	$504,000	–	1,333	–	0.20%	–
HD	New	HOME DEPOT	$462,000	–	1,448	–	0.19%	–
AAPL	New	APPLE INC	$452,000	–	3,297	–	0.18%	–
CWI	New	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$430,000	–	14,240	–	0.17%	–
PFE	New	PFIZER INC COM	$323,000	–	8,260	–	0.13%	–
OMC	New	OMNICOM GROUP INC COM	$317,000	–	3,965	–	0.13%	–
CSCO	New	CISCO SYS INC	$316,000	–	5,958	–	0.13%	–
MMM	New	3M CO COM	$310,000	–	1,562	–	0.13%	–
NSC	New	NORFOLK SOUTHERN CRP	$309,000	–	1,164	–	0.12%	–
GILD	New	GILEAD SCIENCES INC COM	$291,000	–	4,223	–	0.12%	–
CMI	New	CUMMINS INC COM	$273,000	–	1,121	–	0.11%	–
NEM	New	NEWMONT CORP COM	$260,000	–	4,105	–	0.10%	–
CAH	New	CARDINAL HEALTH INC COM	$260,000	–	4,546	–	0.10%	–
BAC	New	BK OF AMERICA CORP COM	$249,000	–	6,043	–	0.10%	–
KO	New	COCA COLA CO COM	$250,000	–	4,625	–	0.10%	–
SDY	New	SPDR SER TR S&P DIVID ETFs&p divid etf	$222,000	–	1,814	–	0.09%	–
SO	New	SOUTHERN CO COM	$206,000	–	3,401	–	0.08%	–
EXC	New	EXELON CORP COM	$19,000	–	18,702	–	0.01%	–

Q4 2020

			Value		Shares		↓ Weighting
F	Exit	FORD MOTOR COMPANY	$0	–	-1,200	–	-0.01%	–
GILD	Exit	GILEAD SCIENCES INC COM	$0	–	-3,252	–	-0.13%	–
OMC	Exit	OMNICOM GROUP INC COM	$0	–	-4,270	–	-0.13%	–
CSCO	Exit	CISCO SYS INC	$0	–	-5,386	–	-0.14%	–
KO	Exit	COCA COLA CO COM	$0	–	-4,625	–	-0.14%	–
MMM	Exit	3M CO COM	$0	–	-1,418	–	-0.14%	–
PFE	Exit	PFIZER INC COM	$0	–	-6,391	–	-0.15%	–
CMI	Exit	CUMMINS INC COM	$0	–	-1,115	–	-0.15%	–
CAT	Exit	CATERPILLAR INC DEL COM	$0	–	-1,666	–	-0.16%	–
NSC	Exit	NORFOLK SOUTHERN CRP	$0	–	-1,164	–	-0.16%	–
PKG	Exit	PACKAGING CORP AMER COM	$0	–	-2,301	–	-0.16%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-947	–	-0.19%	–
CWI	Exit	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$0	–	-13,724	–	-0.21%	–
AAPL	Exit	APPLE INC	$0	–	-3,174	–	-0.23%	–
HD	Exit	HOME DEPOT	$0	–	-1,442	–	-0.26%	–
VXF	Exit	VANGUARD EXTENDED MARKET ETFextend mkt etf	$0	–	-3,354	–	-0.28%	–
VYMI	Exit	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$0	–	-12,870	–	-0.43%	–
IGD	Exit	VOYA GLBL EQTY DIV & PREM OPP COM	$0	–	-181,164	–	-0.57%	–
HIO	Exit	WESTERN ASSET HIGH INCOME OPPO COM	$0	–	-184,404	–	-0.58%	–
BTZ	Exit	BLACKROCK CREDIT ALLOC INCOME TRUST	$0	–	-64,581	–	-0.58%	–
JRO	Exit	NUVEEN FLTNG RTE INCM OPP FD COM SHS	$0	–	-118,189	–	-0.62%	–
JFR	Exit	NUVEEN FLOATING RATEINCOME FD COM	$0	–	-117,193	–	-0.62%	–
EMLP	Exit	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$0	–	-82,953	–	-1.01%	–
BLV	Exit	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$0	–	-20,834	–	-1.48%	–
FLRN	Exit	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETFbloomberg brc inv	$0	–	-93,179	–	-1.82%	–
BSV	Exit	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$0	–	-38,033	–	-2.01%	–
XLF	Exit	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$0	–	-135,411	–	-2.08%	–
XLV	Exit	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$0	–	-32,790	–	-2.20%	–
BIV	Exit	VANGUARD INTERMEDIATE-TERM BONDintermed term	$0	–	-37,115	–	-2.21%	–
XLK	Exit	TECHNOLOGY SELECT SECTOR SPDRtechnology	$0	–	-30,074	–	-2.24%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$0	–	-81,975	–	-2.26%	–
ANGL	Exit	VANECK VECTORS FALLEN ANGEL HIGH YIELD BOND ETFlong term bond	$0	–	-128,306	–	-2.43%	–
DGRO	Exit	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$0	–	-102,033	–	-2.59%	–
BND	Exit	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$0	–	-77,571	–	-4.36%	–
VNQ	Exit	VANGUARD REIT INDEX ETFreit etf	$0	–	-94,281	–	-4.74%	–
IJR	Exit	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$0	–	-120,388	–	-5.39%	–
IEFA	Exit	ISHARES CORE MSCI EAFE ETFcore msci eafe	$0	–	-140,396	–	-5.39%	–
IJH	Exit	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$0	–	-46,968	–	-5.54%	–
LQD	Exit	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$0	–	-130,362	–	-11.19%	–
SPTI	Exit	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$0	–	-605,398	–	-12.82%	–
IVV	Exit	ISHARES S&P 500 INDEXcore s&p500 etf	$0	–	-103,827	–	-22.23%	–

Q3 2020

			Value		Shares		↓ Weighting
IVV	Sell	ISHARES S&P 500 INDEXcore s&p500 etf	$34,892,000	-5.1%	103,827	-12.5%	22.23%	-5.0%
SPTI	Sell	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$20,123,000	-5.4%	605,398	-5.5%	12.82%	-5.3%
LQD	Buy	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$17,561,000	+2.1%	130,362	+2.0%	11.19%	+2.2%
IJH	Sell	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$8,704,000	-19.9%	46,968	-23.1%	5.54%	-19.8%
IEFA	Sell	ISHARES CORE MSCI EAFE ETFcore msci eafe	$8,463,000	-3.2%	140,396	-8.3%	5.39%	-3.1%
IJR	Buy	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$8,455,000	+60.7%	120,388	+56.3%	5.39%	+60.9%
VNQ	Buy	VANGUARD REIT INDEX ETFreit etf	$7,444,000	+10.4%	94,281	+9.8%	4.74%	+10.6%
BND	Buy	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$6,843,000	+5.1%	77,571	+5.2%	4.36%	+5.2%
DGRO	Sell	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$4,060,000	+2.2%	102,033	-3.4%	2.59%	+2.4%
ANGL	Buy	VANECK VECTORS FALLEN ANGEL HIGH YIELD BOND ETFlong term bond	$3,816,000	+8.6%	128,306	+4.8%	2.43%	+8.8%
VWO	Sell	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$3,545,000	+6.8%	81,975	-2.2%	2.26%	+6.9%
XLK	Sell	TECHNOLOGY SELECT SECTOR SPDRtechnology	$3,510,000	-7.8%	30,074	-17.5%	2.24%	-7.7%
BIV	Sell	VANGUARD INTERMEDIATE-TERM BONDintermed term	$3,469,000	-5.3%	37,115	-5.5%	2.21%	-5.2%
XLV	Sell	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$3,459,000	+2.1%	32,790	-3.2%	2.20%	+2.2%
XLF	Buy	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$3,259,000	+38.3%	135,411	+32.9%	2.08%	+38.4%
BSV	Sell	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$3,159,000	-0.8%	38,033	-0.7%	2.01%	-0.7%
FLRN	Buy	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETFbloomberg brc inv	$2,849,000	+1.1%	93,179	+0.7%	1.82%	+1.2%
BLV	Sell	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$2,330,000	-2.1%	20,834	-2.3%	1.48%	-2.0%
EMLP	Buy	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$1,579,000	+10.9%	82,953	+16.2%	1.01%	+11.0%
JFR	Buy	NUVEEN FLOATING RATEINCOME FD COM	$974,000	+22.7%	117,193	+16.6%	0.62%	+22.8%
JRO	Buy	NUVEEN FLTNG RTE INCM OPP FD COM SHS	$969,000	+22.7%	118,189	+17.5%	0.62%	+22.7%
BTZ	New	BLACKROCK CREDIT ALLOC INCOME TRUST	$918,000	–	64,581	–	0.58%	–
HIO	Buy	WESTERN ASSET HIGH INCOME OPPO COM	$904,000	+17.3%	184,404	+10.5%	0.58%	+17.3%
IGD	Buy	VOYA GLBL EQTY DIV & PREM OPP COM	$897,000	+28.7%	181,164	+25.5%	0.57%	+28.9%
VYMI	Buy	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$670,000	+12.0%	12,870	+10.1%	0.43%	+12.4%
VXF	Sell	VANGUARD EXTENDED MARKET ETFextend mkt etf	$435,000	+1.4%	3,354	-7.5%	0.28%	+1.5%
HD	Buy	HOME DEPOT	$400,000	+11.4%	1,442	+0.6%	0.26%	+11.8%
AAPL	Buy	APPLE INC	$368,000	-2.4%	3,174	+207.6%	0.23%	-2.5%
CWI	Buy	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$330,000	+10.4%	13,724	+4.0%	0.21%	+10.5%
UNH	Buy	UNITEDHEALTH GROUP	$295,000	+33.5%	947	+26.6%	0.19%	+33.3%
PKG	New	PACKAGING CORP AMER COM	$251,000	–	2,301	–	0.16%	–
CAT	New	CATERPILLAR INC DEL COM	$248,000	–	1,666	–	0.16%	–
CMI	New	CUMMINS INC COM	$235,000	–	1,115	–	0.15%	–
PFE	New	PFIZER INC COM	$235,000	–	6,391	–	0.15%	–
MMM	New	3M CO COM	$227,000	–	1,418	–	0.14%	–
KO	Sell	COCA COLA CO COM	$228,000	+10.1%	4,625	-0.4%	0.14%	+9.8%
CSCO	New	CISCO SYS INC	$212,000	–	5,386	–	0.14%	–
OMC	New	OMNICOM GROUP INC COM	$211,000	–	4,270	–	0.13%	–
GILD	New	GILEAD SCIENCES INC COM	$205,000	–	3,252	–	0.13%	–
F	New	FORD MOTOR COMPANY	$8,000	–	1,200	–	0.01%	–
HYG	Exit	ISHARES IBOXX HIGH YIELD CORPORATE BOND ETFiboxx hi yd etf	$0	–	-4,662	–	-0.24%	–
XLE	Exit	ENERGY SELECT SECTOR SPDRsbi int-energy	$0	–	-10,478	–	-0.25%	–
SMDV	Exit	PROSHARES RUSSELL 2000 DIVIDEND GROWERS ETFruss 2000 divd	$0	–	-16,799	–	-0.52%	–
BHK	Exit	BLACKROCK CORE BD TR SHS BEN INT	$0	–	-65,438	–	-0.64%	–
PGX	Exit	POWERSHARES GLOBAL PREFERRED ETFagg pfd ptfl	$0	–	-117,001	–	-1.05%	–

Q2 2020

			Value		Shares		↓ Weighting
IVV	New	ISHARES S&P 500 INDEXcore s&p500 scp etf	$36,758,000	–	118,695	–	23.38%	–
SPTI	New	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$21,280,000	–	640,565	–	13.54%	–
LQD	New	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$17,197,000	–	127,857	–	10.94%	–
IJH	New	ISHARES CORE S&P MID CAP ETFcore s&p500 etf	$10,863,000	–	61,092	–	6.91%	–
IEFA	New	ISHARES CORE MSCI EAFE ETFcore msci eafe	$8,747,000	–	153,033	–	5.56%	–
VNQ	New	VANGUARD REIT INDEX ETFreit etf	$6,740,000	–	85,833	–	4.29%	–
BND	New	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$6,512,000	–	73,710	–	4.14%	–
IJR	New	ISHARES S&P SMALLCAP 600 ETF	$5,261,000	–	77,034	–	3.35%	–
DGRO	New	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$3,971,000	–	105,604	–	2.53%	–
XLK	New	TECHNOLOGY SELECT SECTOR SPDRtechnology	$3,809,000	–	36,458	–	2.42%	–
BIV	New	VANGUARD INTERMEDIATE-TERM BONDintermed term	$3,662,000	–	39,292	–	2.33%	–
ANGL	New	VANECK VECTORS FALLEN ANGEL HIGH YIELD BOND ETFlong term bond	$3,513,000	–	122,420	–	2.24%	–
XLV	New	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$3,389,000	–	33,869	–	2.16%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$3,320,000	–	83,817	–	2.11%	–
BSV	New	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$3,185,000	–	38,319	–	2.03%	–
FLRN	New	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETFbloomberg brc inv	$2,819,000	–	92,493	–	1.79%	–
BLV	New	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$2,380,000	–	21,318	–	1.51%	–
XLF	New	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$2,357,000	–	101,859	–	1.50%	–
PGX	New	POWERSHARES GLOBAL PREFERRED ETFagg pfd ptfl	$1,652,000	–	117,001	–	1.05%	–
EMLP	New	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$1,424,000	–	71,406	–	0.91%	–
BHK	New	BLACKROCK CORE BD TR SHS BEN INT	$1,006,000	–	65,438	–	0.64%	–
SMDV	New	PROSHARES RUSSELL 2000 DIVIDEND GROWERS ETFruss 2000 divd	$814,000	–	16,799	–	0.52%	–
JFR	New	NUVEEN FLOATING RATEINCOME FD COM	$794,000	–	100,531	–	0.50%	–
JRO	New	NUVEEN FLTNG RTE INCM OPP FD COM SHS	$790,000	–	100,589	–	0.50%	–
HIO	New	WESTERN ASSET HIGH INCM OPP FD COM	$771,000	–	166,822	–	0.49%	–
IGD	New	VOYA GLBL EQTY DIV & PREM OPP COM	$697,000	–	144,338	–	0.44%	–
VYMI	New	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$598,000	–	11,687	–	0.38%	–
VXF	New	VANGUARD EXTENDED MARKET ETFextend mkt etf	$429,000	–	3,626	–	0.27%	–
XLE	New	ENERGY SELECT SECTOR SPDRsbi int-energy	$397,000	–	10,478	–	0.25%	–
HYG	New	ISHARES IBOXX HIGH YIELD CORPORATE BOND ETFiboxx hi yd etf	$381,000	–	4,662	–	0.24%	–
AAPL	New	APPLE INC	$377,000	–	1,032	–	0.24%	–
HD	New	HOME DEPOT	$359,000	–	1,433	–	0.23%	–
CWI	New	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$299,000	–	13,199	–	0.19%	–
UNH	New	UNITEDHEALTH GROUP	$221,000	–	748	–	0.14%	–
KO	New	COCA COLA CO COM	$207,000	–	4,644	–	0.13%	–
NSC	New	NORFOLK SOUTHERN CRP	$204,000	–	1,164	–	0.13%	–

Q4 2019

			Value		Shares		↓ Weighting
NSC	Exit	NORFOLK SOUTHERN CRP	$0	–	-1,164	–	-0.13%	–
KO	Exit	COCA COLA CO COM	$0	–	-4,625	–	-0.16%	–
HD	Exit	HOME DEPOT	$0	–	-1,425	–	-0.20%	–
CWI	Exit	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$0	–	-16,642	–	-0.25%	–
SDY	Exit	SPDR SER TR S&P DIVID ETFs&p divid etf	$0	–	-3,962	–	-0.25%	–
BIL	Exit	SPDR Barclays 1-3 Month T-Bill ETFblmbrg br 1 3 mt	$0	–	-5,029	–	-0.28%	–
VXF	Exit	VANGUARD EXTENDED MARKET ETFextend mkt etf	$0	–	-4,210	–	-0.30%	–
XLF	Exit	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$0	–	-19,102	–	-0.33%	–
VYMI	Exit	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$0	–	-10,519	–	-0.39%	–
JRO	Exit	NUVEEN FLTNG RTE INCM OPP FD COM SHS	$0	–	-89,787	–	-0.53%	–
BLW	Exit	BLACKROCK LIMITED DURATION INCOME TRUST	$0	–	-58,484	–	-0.56%	–
BHK	Exit	BLACKROCK CORE BD TR SHS BEN INT	$0	–	-63,398	–	-0.57%	–
JFR	Exit	NUVEEN FLOATING RATEINCOME FD COM	$0	–	-95,582	–	-0.57%	–
BTZ	Exit	BLACKROCK CREDIT ALLOC INCOME TRUST	$0	–	-70,138	–	-0.59%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$0	–	-27,853	–	-0.69%	–
PGX	Exit	POWERSHARES GLOBAL PREFERRED ETFagg pfd ptfl	$0	–	-96,901	–	-0.90%	–
EMLP	Exit	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$0	–	-66,923	–	-1.06%	–
BLV	Exit	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$0	–	-20,836	–	-1.32%	–
XLV	Exit	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$0	–	-26,876	–	-1.50%	–
FLRN	Exit	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETFbloomberg brc inv	$0	–	-91,056	–	-1.73%	–
BSV	Exit	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$0	–	-35,710	–	-1.78%	–
XLE	Exit	ENERGY SELECT SECTOR SPDRsbi int-energy	$0	–	-53,531	–	-1.96%	–
XLK	Exit	TECHNOLOGY SELECT SECTOR SPDRtechnology	$0	–	-39,360	–	-1.96%	–
DGRO	Exit	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$0	–	-85,342	–	-2.06%	–
BIV	Exit	VANGUARD INTERMEDIATE-TERM BONDintermed term	$0	–	-38,452	–	-2.09%	–
IJR	Exit	ISHARES S&P SMALLCAP 600 ETF	$0	–	-67,578	–	-3.25%	–
HYG	Exit	ISHARES IBOXX HIGH YIELD CORPORATE BOND ETFiboxx hi yd etf	$0	–	-73,919	–	-3.98%	–
BND	Exit	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$0	–	-85,155	–	-4.44%	–
IJH	Exit	ISHARES CORE S&P MID CAP ETFcore s&p500 etf	$0	–	-54,490	–	-6.50%	–
IEFA	Exit	ISHARES CORE MSCI EAFE ETFcore msci eafe	$0	–	-213,279	–	-8.04%	–
VNQ	Exit	VANGUARD REIT INDEX ETFreit etf	$0	–	-144,308	–	-8.31%	–
LQD	Exit	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$0	–	-129,862	–	-10.22%	–
SPTI	Exit	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$0	–	-597,315	–	-11.54%	–
IVV	Exit	ISHARES S&P 500 INDEXcore s&p scp etf	$0	–	-116,916	–	-21.56%	–

Q3 2019

			Value		Shares		↓ Weighting
IVV	Sell	ISHARES S&P 500 INDEXcore s&p scp etf	$34,902,000	-9.8%	116,916	-11.0%	21.56%	-12.2%
SPTI	Buy	SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETFportfli intrmdit	$18,678,000	+88.9%	597,315	+273.4%	11.54%	+83.9%
LQD	Sell	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$16,555,000	-2.4%	129,862	-4.8%	10.22%	-5.0%
VNQ	Buy	VANGUARD REIT INDEX ETFreit etf	$13,457,000	+76.6%	144,308	+65.6%	8.31%	+72.0%
IEFA	Sell	ISHARES CORE MSCI EAFE ETFcore msci eafe	$13,025,000	-7.0%	213,279	-6.5%	8.04%	-9.4%
IJH	Buy	ISHARES CORE S&P MID CAP ETFcore s&p500 etf	$10,529,000	+85.9%	54,490	+86.9%	6.50%	+81.0%
BND	Sell	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$7,190,000	-1.4%	85,155	-3.0%	4.44%	-4.0%
HYG	Sell	ISHARES IBOXX HIGH YIELD CORPORATE BOND ETFiboxx hi yd etf	$6,444,000	-56.6%	73,919	-56.6%	3.98%	-57.7%
IJR	Buy	ISHARES S&P SMALLCAP 600 ETF	$5,260,000	+90.2%	67,578	+91.4%	3.25%	+85.2%
BIV	Buy	VANGUARD INTERMEDIATE-TERM BONDintermed term	$3,384,000	+17.0%	38,452	+15.0%	2.09%	+13.9%
DGRO	New	ISHARES CORE DIVIDEND GROWTH ETFcore div grwth	$3,340,000	–	85,342	–	2.06%	–
XLK	Sell	TECHNOLOGY SELECT SECTOR SPDRtechnology	$3,170,000	-14.4%	39,360	-17.0%	1.96%	-16.6%
XLE	Buy	ENERGY SELECT SECTOR SPDRsbi int-energy	$3,169,000	-3.6%	53,531	+3.7%	1.96%	-6.2%
BSV	Buy	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$2,885,000	+16.7%	35,710	+16.3%	1.78%	+13.6%
FLRN	Buy	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETFbloomberg brc inv	$2,801,000	+19.8%	91,056	+19.7%	1.73%	+16.7%
XLV	New	HEALTH CARE SELECT SECTOR SPDR FUNDsbi healthcare	$2,422,000	–	26,876	–	1.50%	–
BLV	Buy	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$2,139,000	+10.5%	20,836	+4.5%	1.32%	+7.6%
EMLP	Sell	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$1,713,000	-40.6%	66,923	-41.6%	1.06%	-42.2%
PGX	Buy	POWERSHARES GLOBAL PREFERRED ETFagg pfd ptfl	$1,455,000	+149.6%	96,901	+143.2%	0.90%	+143.0%
VWO	Sell	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$1,121,000	-81.2%	27,853	-80.1%	0.69%	-81.7%
BTZ	Sell	BLACKROCK CREDIT ALLOC INCOME TRUST	$955,000	+3.9%	70,138	-1.0%	0.59%	+1.2%
JFR	New	NUVEEN FLOATING RATEINCOME FD COM	$929,000	–	95,582	–	0.57%	–
BHK	Sell	BLACKROCK CORE BD TR SHS BEN INT	$916,000	+0.9%	63,398	-1.9%	0.57%	-1.7%
BLW	Buy	BLACKROCK LIMITED DURATION INCOME TRUST	$914,000	+10.8%	58,484	+6.3%	0.56%	+7.8%
JRO	New	NUVEEN FLTNG RTE INCM OPP FD COM SHS	$857,000	–	89,787	–	0.53%	–
VYMI	Sell	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$625,000	-29.9%	10,519	-27.5%	0.39%	-31.7%
XLF	Sell	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$535,000	-84.7%	19,102	-84.6%	0.33%	-85.1%
VXF	Buy	VANGUARD EXTENDED MARKET ETFextend mkt etf	$490,000	+134.4%	4,210	+138.8%	0.30%	+127.8%
BIL	Buy	SPDR Barclays 1-3 Month T-Bill ETFblmbrg br 1 3 mt	$461,000	+2.0%	5,029	+1.9%	0.28%	-0.7%
SDY	Sell	SPDR SER TR S&P DIVID ETFs&p divid etf	$406,000	-86.8%	3,962	-87.0%	0.25%	-87.2%
CWI	Buy	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$400,000	-23.1%	16,642	+17.3%	0.25%	-25.2%
HD	Buy	HOME DEPOT	$331,000	+11.8%	1,425	+0.1%	0.20%	+8.5%
KO	Sell	COCA COLA CO COM	$252,000	-0.4%	4,625	-6.8%	0.16%	-2.5%
PHD	Exit	PIONEER FLOATING RATE TR COM	$0	–	-77,071	–	-0.52%	–
HIO	Exit	WESTERN ASSET HIGH INCM OPP FD COM	$0	–	-178,769	–	-0.58%	–

Q2 2019

			Value		Shares		↓ Weighting
IVV	New	ISHARES S&P 500 INDEXcore s&p scp etf	$38,711,000	–	131,335	–	24.56%	–
LQD	New	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$16,970,000	–	136,448	–	10.76%	–
HYG	New	ISHARES IBOXX HIGH YIELD CORPORATE BOND ETFiboxx hi yd etf	$14,840,000	–	170,226	–	9.41%	–
IEFA	New	ISHARES CORE MSCI EAFE ETFcore msci eafe	$14,000,000	–	228,014	–	8.88%	–
SPTI	New	SPDR BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETFblmbrg brc intrm	$9,886,000	–	159,970	–	6.27%	–
VNQ	New	VANGUARD REIT INDEX ETFreit etf	$7,618,000	–	87,165	–	4.83%	–
BND	New	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$7,293,000	–	87,799	–	4.63%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$5,965,000	–	140,250	–	3.78%	–
IJH	New	ISHARES CORE S&P MID CAP ETFcore s&p500 etf	$5,664,000	–	29,158	–	3.59%	–
XLK	New	TECHNOLOGY SELECT SECTOR SPDRtechnology	$3,702,000	–	47,437	–	2.35%	–
XLF	New	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$3,498,000	–	123,732	–	2.22%	–
XLE	New	ENERGY SELECT SECTOR SPDRsbi int-energy	$3,288,000	–	51,614	–	2.09%	–
SDY	New	SPDR SER TR S&P DIVID ETFs&p divid etf	$3,083,000	–	30,566	–	1.96%	–
BIV	New	VANGUARD INTERMEDIATE-TERM BONDintermed term	$2,893,000	–	33,451	–	1.84%	–
EMLP	New	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$2,884,000	–	114,669	–	1.83%	–
IJR	New	ISHARES S&P SMALLCAP 600 ETF	$2,765,000	–	35,316	–	1.75%	–
BSV	New	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$2,473,000	–	30,708	–	1.57%	–
FLRN	New	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETFbloomberg brc inv	$2,338,000	–	76,093	–	1.48%	–
BLV	New	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$1,935,000	–	19,937	–	1.23%	–
BTZ	New	BLACKROCK CREDIT ALLOC INCOME TRUST	$919,000	–	70,830	–	0.58%	–
HIO	New	WESTERN ASSET HIGH INCM OPP FD COM	$917,000	–	178,769	–	0.58%	–
BHK	New	BLACKROCK CORE BD TR SHS BEN INT	$908,000	–	64,606	–	0.58%	–
VYMI	New	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$891,000	–	14,516	–	0.56%	–
PHD	New	PIONEER FLOATING RATE TR COM	$824,000	–	77,071	–	0.52%	–
BLW	New	BLACKROCK LIMITED DURATION INCOME TRUST	$825,000	–	55,024	–	0.52%	–
PGX	New	POWERSHARES GLOBAL PREFERRED ETFagg pfd ptfl	$583,000	–	39,843	–	0.37%	–
CWI	New	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$520,000	–	14,184	–	0.33%	–
BIL	New	SPDR Barclays 1-3 Month T-Bill ETFblmbrg br 1 3 mt	$452,000	–	4,935	–	0.29%	–
HD	New	HOME DEPOT	$296,000	–	1,424	–	0.19%	–
KO	New	COCA COLA CO COM	$253,000	–	4,961	–	0.16%	–
NSC	New	NORFOLK SOUTHERN CRP	$232,000	–	1,164	–	0.15%	–
VXF	New	VANGUARD EXTENDED MARKET ETFextend mkt etf	$209,000	–	1,763	–	0.13%	–

Q4 2018

			Value		Shares		↓ Weighting
NSC	Exit	NORFOLK SOUTHERN CRP	$0	–	-1,164	–	-0.15%	–
KO	Exit	COCA COLA CO COM	$0	–	-4,962	–	-0.16%	–
HD	Exit	HOME DEPOT	$0	–	-1,329	–	-0.19%	–
VXF	Exit	VANGUARD EXTENDED MARKET ETFextend mkt etf	$0	–	-3,763	–	-0.32%	–
CWI	Exit	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$0	–	-15,056	–	-0.40%	–
PGX	Exit	POWERSHARES GLOBAL PREFERRED ETFagg pfd ptfl	$0	–	-43,134	–	-0.44%	–
BIL	Exit	SPDR BLOOMBERG 1-3 MONTH T BILLblmbrg br 1 3 mt	$0	–	-6,949	–	-0.45%	–
VYMI	Exit	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$0	–	-13,645	–	-0.60%	–
FPF	Exit	FIRST TRUST INTERMEDIATE DURATION PREFERRED & INCOME FUND	$0	–	-41,860	–	-0.64%	–
HIO	Exit	WESTERN ASSET HIGH INCM OPP FD COM	$0	–	-193,282	–	-0.65%	–
JFR	Exit	NUVEEN FLOATING RATEINCOME FD COM	$0	–	-89,022	–	-0.65%	–
BTZ	Exit	BLACKROCK CREDIT ALLOC INCOME TRUST	$0	–	-75,704	–	-0.65%	–
BDJ	Exit	BLACKROCK ENHANCED EQT DIV TR COM	$0	–	-100,320	–	-0.67%	–
BLV	Exit	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$0	–	-11,551	–	-0.71%	–
BIV	Exit	VANGUARD INTERMEDIATE-TERM BONDintermed term	$0	–	-18,989	–	-1.08%	–
FLRN	Exit	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETFblomberg brc inv	$0	–	-60,615	–	-1.32%	–
EMLP	Exit	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$0	–	-122,611	–	-2.03%	–
XLF	Exit	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$0	–	-105,148	–	-2.04%	–
SDY	Exit	SPDR SER TR S&P DIVID ETFs&p divid etf	$0	–	-29,971	–	-2.07%	–
XLE	Exit	ENERGY SELECT SECTOR SPDRsbi int-energy	$0	–	-39,733	–	-2.12%	–
XLK	Exit	TECHNOLOGY SELECT SECTOR SPDRtechnology	$0	–	-40,776	–	-2.17%	–
IJR	Exit	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$0	–	-56,185	–	-3.46%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$0	–	-129,343	–	-3.74%	–
BSV	Exit	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$0	–	-73,634	–	-4.05%	–
BND	Exit	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$0	–	-82,749	–	-4.59%	–
VNQ	Exit	VANGUARD REIT INDEX ETFreit etf	$0	–	-84,430	–	-4.80%	–
SHY	Exit	ISHARES 1-3 YR TREASURY BOND ETF1-3 yr tr bd etf	$0	–	-98,200	–	-5.75%	–
IJH	Exit	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$0	–	-48,943	–	-6.94%	–
SJNK	Exit	SPDR BARCLAYS CAPITAL SHORT TERM HIGH YIELD BOND ETFbloomberg srt tr	$0	–	-445,567	–	-8.67%	–
VCSH	Exit	VANGUARD SHORT TERM CORP BOND FD ETFshrt trm corp bd	$0	–	-158,360	–	-8.72%	–
IEFA	Exit	ISHARES CORE MSCI EAFE ETFcore msci eafe	$0	–	-201,698	–	-9.11%	–
IVV	Exit	ISHARES S&P 500 INDEXcore s&p500 etf	$0	–	-100,115	–	-20.66%	–

Q3 2018

			Value		Shares		↓ Weighting
IVV	Buy	ISHARES S&P 500 INDEXcore s&p500 etf	$29,307,000	+8.2%	100,115	+1.0%	20.66%	+2.4%
IEFA	Buy	ISHARES CORE MSCI EAFE ETFcore msci eafe	$12,925,000	+11.8%	201,698	+10.5%	9.11%	+5.8%
VCSH	Buy	VANGUARD SHORT TERM CORP BOND FD ETFshrt trm corp bd	$12,377,000	+4.1%	158,360	+4.0%	8.72%	-1.5%
SJNK	Buy	SPDR BARCLAYS CAPITAL SHORT TERM HIGH YIELD BOND ETFbloomberg srt tr	$12,293,000	+5.3%	445,567	+4.2%	8.67%	-0.3%
IJH	Buy	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$9,852,000	+4.0%	48,943	+0.7%	6.94%	-1.5%
SHY	Buy	ISHARES 1-3 YR TREASURY BOND ETF1-3 yr tr bd etf	$8,159,000	+10.3%	98,200	+10.7%	5.75%	+4.4%
VNQ	Sell	VANGUARD REIT INDEX ETFreit etf	$6,812,000	-5.0%	84,430	-4.1%	4.80%	-10.1%
BND	Buy	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$6,512,000	+3.8%	82,749	+4.5%	4.59%	-1.7%
BSV	Sell	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$5,746,000	-24.6%	73,634	-24.4%	4.05%	-28.6%
VWO	Buy	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$5,303,000	+14.1%	129,343	+17.5%	3.74%	+8.0%
IJR	Sell	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$4,902,000	-1.6%	56,185	-5.9%	3.46%	-6.9%
XLK	Buy	TECHNOLOGY SELECT SECTOR SPDRtechnology	$3,072,000	+8.6%	40,776	+0.2%	2.17%	+2.8%
XLE	Buy	ENERGY SELECT SECTOR SPDRsbi int-energy	$3,009,000	+0.5%	39,733	+0.8%	2.12%	-4.9%
SDY	Sell	SPDR SER TR S&P DIVID ETFs&p divid etf	$2,935,000	+3.1%	29,971	-2.4%	2.07%	-2.5%
XLF	Buy	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$2,900,000	+13.2%	105,148	+10.1%	2.04%	+7.1%
EMLP	Sell	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$2,876,000	-1.9%	122,611	-2.9%	2.03%	-7.1%
FLRN	New	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING RATE ETFblomberg brc inv	$1,866,000	–	60,615	–	1.32%	–
BIV	Sell	VANGUARD INTERMEDIATE-TERM BONDintermed term	$1,528,000	-1.2%	18,989	-0.6%	1.08%	-6.5%
BLV	Sell	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$1,010,000	-1.6%	11,551	-0.2%	0.71%	-6.8%
BDJ	New	BLACKROCK ENHANCED EQT DIV TR COM	$952,000	–	100,320	–	0.67%	–
BTZ	Buy	BLACKROCK CREDIT ALLOC INCOME TRUST	$927,000	+4.7%	75,704	+3.4%	0.65%	-0.9%
JFR	New	NUVEEN FLOATING RATEINCOME FD COM	$925,000	–	89,022	–	0.65%	–
HIO	Buy	WESTERN ASSET HIGH INCM OPP FD COM	$920,000	+1.7%	193,282	+3.0%	0.65%	-3.7%
FPF	Buy	FIRST TRUST INTERMEDIATE DURATION PREFERRED & INCOME FUND	$903,000	+5.5%	41,860	+5.6%	0.64%	-0.2%
VYMI	Buy	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$857,000	+5.9%	13,645	+4.9%	0.60%	+0.2%
BIL	Sell	SPDR BLOOMBERG 1-3 MONTH T BILLblmbrg br 1 3 mt	$636,000	-2.0%	6,949	-2.0%	0.45%	-7.2%
PGX	Buy	POWERSHARES GLOBAL PREFERRED ETFagg pfd ptfl	$618,000	-0.8%	43,134	+0.8%	0.44%	-6.0%
CWI	Buy	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$562,000	+9.3%	15,056	+8.4%	0.40%	+3.4%
VXF	Sell	VANGUARD EXTENDED MARKET ETFextend mkt etf	$461,000	+3.8%	3,763	-0.1%	0.32%	-1.8%
KO	New	COCA COLA CO COM	$229,000	–	4,962	–	0.16%	–
NSC	New	NORFOLK SOUTHERN CRP	$210,000	–	1,164	–	0.15%	–
IGD	Exit	VOYA GLBL EQTY DIV & PREM OPP COM	$0	–	-122,525	–	-0.67%	–
BHK	Exit	BLACKROCK CORE BD TR SHS BEN INT	$0	–	-70,694	–	-0.67%	–

Q2 2018

			Value		Shares		↓ Weighting
IVV	New	ISHARES S&P 500 INDEXcore s&p500 etf	$27,081,000	–	99,165	–	20.17%	–
VCSH	New	VANGUARD SHORT TERM CORP BOND FD ETFshrt trm corp bd	$11,893,000	–	152,278	–	8.86%	–
SJNK	New	SPDR BARCLAYS CAPITAL SHORT TERM HIGH YIELD BOND ETFbloomberg srt tr	$11,673,000	–	427,754	–	8.70%	–
IEFA	New	ISHARES CORE MSCI EAFE ETFcore msci eafe	$11,562,000	–	182,452	–	8.61%	–
IJH	New	ISHARES CORE S&P MID CAP ETFcore s&p mcp etf	$9,470,000	–	48,613	–	7.05%	–
BSV	New	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$7,616,000	–	97,382	–	5.67%	–
SHY	New	ISHARES 1-3 YR TREASURY BOND ETF1-3 yr tr bd etf	$7,397,000	–	88,727	–	5.51%	–
VNQ	New	VANGUARD REIT INDEX ETFreit etf	$7,174,000	–	88,081	–	5.34%	–
BND	New	VANGUARD TOTAL BOND MARKET ETFtotal bnd mkt	$6,271,000	–	79,189	–	4.67%	–
IJR	New	ISHARES S&P SMALLCAP 600 ETFcore s&p scp etf	$4,983,000	–	59,683	–	3.71%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$4,647,000	–	110,124	–	3.46%	–
XLE	New	ENERGY SELECT SECTOR SPDRsbi int-energy	$2,994,000	–	39,422	–	2.23%	–
EMLP	New	FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUNDno amer energy	$2,931,000	–	126,212	–	2.18%	–
SDY	New	SPDR SER TR S&P DIVID ETFs&p divid etf	$2,847,000	–	30,711	–	2.12%	–
XLK	New	TECHNOLOGY SELECT SECTOR SPDRtechnology	$2,829,000	–	40,710	–	2.11%	–
XLF	New	FINANCIAL SELECT SECTOR SPDRsbi int-finl	$2,561,000	–	95,474	–	1.91%	–
BIV	New	VANGUARD INTERMEDIATE-TERM BONDintermed term	$1,546,000	–	19,097	–	1.15%	–
BLV	New	VANGUARD BOND INDEX FUND INC LONG TERM BD ETFlong term bond	$1,026,000	–	11,570	–	0.76%	–
HIO	New	WESTERN ASSET HIGH INCM OPP FD COM	$905,000	–	187,739	–	0.67%	–
BHK	New	BLACKROCK CORE BD TR SHS BEN INT	$902,000	–	70,694	–	0.67%	–
IGD	New	VOYA GLBL EQTY DIV & PREM OPP COM	$901,000	–	122,525	–	0.67%	–
BTZ	New	BLACKROCK CREDIT ALLOC INCOME TRUST	$885,000	–	73,229	–	0.66%	–
FPF	New	FIRST TRUST INTERMEDIATE DURATION PREFERRED & INCOME FUND	$856,000	–	39,656	–	0.64%	–
VYMI	New	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$809,000	–	13,003	–	0.60%	–
BIL	New	SPDR BARCLAYS 1-3 MONTH T-BILL ETFblmbrg br 1 3 mt	$649,000	–	7,089	–	0.48%	–
PGX	New	POWERSHARES GLOBAL PREFERRED ETFagg pfd ptfl	$623,000	–	42,773	–	0.46%	–
CWI	New	STREETTRACKS INDEX SHS FDS MSCI ACWI EX US ETFmsci acwi exus	$514,000	–	13,894	–	0.38%	–
VXF	New	VANGUARD EXTENDED MARKET ETFextend mkt etf	$444,000	–	3,768	–	0.33%	–
HD	New	HOME DEPOT	$259,000	–	1,329	–	0.19%	–

Q4 2017

			Value		Shares		↓ Weighting
BDJ	Exit	BLACKROCK ENHANCED EQT DIV TR COM	$0	–	-10,641	–	-0.09%	–
HD	Exit	HOME DEPOT INC COM	$0	–	-1,417	–	-0.22%	–
BIL	Exit	SPDR BARCLAYS 1-3 MONTH T-BILLblmbrg br 1 3 mt	$0	–	-7,026	–	-0.30%	–
SPTI	Exit	SPDR BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETFblmbrg brc intrm	$0	–	-7,314	–	-0.41%	–
HYG	Exit	ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETFiboxx hi yd etf	$0	–	-6,581	–	-0.55%	–
CWI	Exit	SPDR MSCI ACWI EX-US ETFmsci acwi exus	$0	–	-17,956	–	-0.64%	–
HIO	Exit	WESTERN ASSET HIGH INCM OPP FD COM	$0	–	-168,937	–	-0.81%	–
ISD	Exit	PRUDENTIAL SHT DURATION HG YLD COMprudential sht duration hg y	$0	–	-57,686	–	-0.83%	–
IGD	Exit	VOYA GLBL EQTY DIV & PREM OPP COM	$0	–	-113,169	–	-0.86%	–
BLV	Exit	VANGUARD LONG-TERM BOND INDEX FUNDlong term bond	$0	–	-9,998	–	-0.88%	–
BGB	Exit	BLACKSTONE GSO STRATEGIC CR FD COM SHS BEN IN	$0	–	-58,705	–	-0.88%	–
BTZ	Exit	BLACKROCK CR ALLCTN INC TR COM	$0	–	-71,330	–	-0.91%	–
VYMI	Exit	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$0	–	-18,592	–	-1.15%	–
PGX	Exit	POWERSHARES PREFERRED PORTFOLIOagg pfd port	$0	–	-90,347	–	-1.28%	–
BIV	Exit	VANGUARD INTERMEDIATE-TERM BOND INDEX FUNDintermed term	$0	–	-16,599	–	-1.32%	–
EFA	Exit	ISHARES MSCI EAFE ETFmsci eafe etf	$0	–	-23,776	–	-1.53%	–
LQD	Exit	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$0	–	-16,944	–	-1.93%	–
MLPI	Exit	UBS E-TRACS ALERIAN MLP INFRASTRUCTURE ETNalerian infrst	$0	–	-87,571	–	-2.07%	–
XLK	Exit	TECHNOLOGY SELECT SECTOR SPDR FUNDtechnology	$0	–	-37,511	–	-2.08%	–
XLF	Exit	FINANCIAL SELECT SECTOR SPDR FUNDsbi int-finl	$0	–	-86,827	–	-2.11%	–
XLE	Exit	ENERGY SELECT SECTOR SPDR FUNDsbi int-energy	$0	–	-33,458	–	-2.15%	–
IJR	Exit	ISHARES S&P SMALL-CAP FUNDcore s&p scp etf	$0	–	-31,508	–	-2.20%	–
SDY	Exit	SPDR S&P DIVIDEND ETFs&p divid etf	$0	–	-27,689	–	-2.38%	–
IJH	Exit	ISHARES S&P MIDCAP FUNDcore s&p mcp etf	$0	–	-21,709	–	-3.65%	–
BND	Exit	VANGUARD TOTAL BOND MARKET INDEX FUNDtotal bnd mkt	$0	–	-60,029	–	-4.70%	–
VNQ	Exit	VANGUARD REIT ETFreit etf	$0	–	-60,208	–	-4.70%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$0	–	-126,783	–	-5.19%	–
SHY	Exit	ISHARES 1-3 YEAR TREASURY BOND ETFfixed inc	$0	–	-81,607	–	-6.47%	–
BSV	Exit	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$0	–	-88,246	–	-6.62%	–
VCSH	Exit	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUNDshrt trm corp bd	$0	–	-121,504	–	-9.14%	–
SJNK	Exit	SPDR BLOOMBERG BARCLAYS SHORT TERM HIGH YIELD BOND ETFbloomberg srt tr	$0	–	-380,551	–	-10.00%	–
IVV	Exit	ISHARES CORE S&P 500 ETFcore s&p500 etf	$0	–	-92,522	–	-21.98%	–

Q3 2017

			Value		Shares		↓ Weighting
IVV	New	ISHARES CORE S&P 500 ETFcore s&p500 etf	$23,404,000	–	92,522	–	21.98%	–
SJNK	New	SPDR BLOOMBERG BARCLAYS SHORT TERM HIGH YIELD BOND ETFbloomberg srt tr	$10,644,000	–	380,551	–	10.00%	–
VCSH	New	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUNDshrt trm corp bd	$9,736,000	–	121,504	–	9.14%	–
BSV	New	VANGUARD SHORT-TERM BOND INDEX FUNDshort trm bond	$7,044,000	–	88,246	–	6.62%	–
SHY	New	ISHARES 1-3 YEAR TREASURY BOND ETFfixed inc	$6,892,000	–	81,607	–	6.47%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$5,525,000	–	126,783	–	5.19%	–
VNQ	New	VANGUARD REIT ETFreit etf	$5,003,000	–	60,208	–	4.70%	–
BND	New	VANGUARD TOTAL BOND MARKET INDEX FUNDtotal bnd mkt	$5,002,000	–	60,029	–	4.70%	–
IJH	New	ISHARES S&P MIDCAP FUNDcore s&p mcp etf	$3,885,000	–	21,709	–	3.65%	–
SDY	New	SPDR S&P DIVIDEND ETFs&p divid etf	$2,529,000	–	27,689	–	2.38%	–
IJR	New	ISHARES S&P SMALL-CAP FUNDcore s&p scp etf	$2,339,000	–	31,508	–	2.20%	–
XLE	New	ENERGY SELECT SECTOR SPDR FUNDsbi int-energy	$2,291,000	–	33,458	–	2.15%	–
XLF	New	FINANCIAL SELECT SECTOR SPDR FUNDsbi int-finl	$2,246,000	–	86,827	–	2.11%	–
XLK	New	TECHNOLOGY SELECT SECTOR SPDR FUNDtechnology	$2,217,000	–	37,511	–	2.08%	–
MLPI	New	UBS E-TRACS ALERIAN MLP INFRASTRUCTURE ETNalerian infrst	$2,202,000	–	87,571	–	2.07%	–
LQD	New	ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$2,054,000	–	16,944	–	1.93%	–
EFA	New	ISHARES MSCI EAFE ETFmsci eafe etf	$1,629,000	–	23,776	–	1.53%	–
BIV	New	VANGUARD INTERMEDIATE-TERM BOND INDEX FUNDintermed term	$1,405,000	–	16,599	–	1.32%	–
PGX	New	POWERSHARES PREFERRED PORTFOLIOagg pfd port	$1,358,000	–	90,347	–	1.28%	–
VYMI	New	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETFintl high etf	$1,221,000	–	18,592	–	1.15%	–
BTZ	New	BLACKROCK CR ALLCTN INC TR COM	$968,000	–	71,330	–	0.91%	–
BGB	New	BLACKSTONE GSO STRATEGIC CR FD COM SHS BEN IN	$938,000	–	58,705	–	0.88%	–
BLV	New	VANGUARD LONG-TERM BOND INDEX FUNDlong term bond	$937,000	–	9,998	–	0.88%	–
IGD	New	VOYA GLBL EQTY DIV & PREM OPP COM	$918,000	–	113,169	–	0.86%	–
ISD	New	PRUDENTIAL SHT DURATION HG YLD COMprudential sht duration hg y	$880,000	–	57,686	–	0.83%	–
HIO	New	WESTERN ASSET HIGH INCM OPP FD COM	$867,000	–	168,937	–	0.81%	–
CWI	New	SPDR MSCI ACWI EX-US ETFmsci acwi exus	$679,000	–	17,956	–	0.64%	–
HYG	New	ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETFiboxx hi yd etf	$584,000	–	6,581	–	0.55%	–
SPTI	New	SPDR BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETFblmbrg brc intrm	$439,000	–	7,314	–	0.41%	–
BIL	New	SPDR BARCLAYS 1-3 MONTH T-BILLblmbrg br 1 3 mt	$321,000	–	7,026	–	0.30%	–
HD	New	HOME DEPOT INC COM	$232,000	–	1,417	–	0.22%	–
BDJ	New	BLACKROCK ENHANCED EQT DIV TR COM	$97,000	–	10,641	–	0.09%	–

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