AAS

Asset Allocation Strategies Portfolio holdings

AUM $402M

AUM

$402M

AUM Growth

-$13.7M (-3%)

Cap. Flow

+$14.5M

Cap. Flow % of AUM

3.6%

Top 10 Holdings %Top 10 Hldgs %

35.36%

Holding

129

New

Increased

Reduced

Closed

Top Buys

1	Invesco Equal Weight 0-30 Year Treasury ETF GOVI	$7.99M
2	Vanguard FTSE Developed Markets ETF VEA	$5.07M
3	Vanguard FTSE Emerging Markets ETF VWO	$3.31M
4	Invesco Russell 1000 Dynamic Multifactor ETF OMFL	$2.06M
5	PIMCO Active Bond Exchange-Traded Fund BOND	$1.89M

Top Sells

1	Schwab US Dividend Equity ETF SCHD	$3.67M
2	Financial Select Sector SPDR Fund XLF	$2.19M
3	Invesco QQQ Trust QQQ	$1.89M
4	iShares Global 100 ETF IOO	$1.81M
5	Vanguard Dividend Appreciation ETF VIG	$1.48M

Sector Composition

1	Technology	0.73%
2	Financials	0.73%
3	Energy	0.33%
4	Consumer Discretionary	0.17%
5	Industrials	0.15%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 iShares S&P 500 Growth ETF IVW $57.6B	$5.19M	1.29%	55,941 -11,246	-17%	-$1.04M
27	27 Vanguard Dividend Appreciation ETF VIG $90.2B	$4.89M	1.22%	25,216 -7,610	-23%	-$1.48M
28	28 Invesco Total Return Bond ETF GTO $1.91B	$4.81M	1.2%	102,436 +18,291	+22%	+$858K
29	29 Schwab US REIT ETF SCHH $7.97B	$4.3M	1.07%	199,919 +17,462	+10%	+$376K
30	30 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP $14.9B	$3.86M	0.96%	77,439 -12,080	-13%	-$603K
31	31 Health Care Select Sector SPDR Fund XLV $34.8B	$3.78M	0.94%	25,908 -4,701	-15%	-$686K
32	32 First Trust Rising Dividend Achievers ETF RDVY $14.5B	$3.61M	0.9%	61,641 -13,181	-18%	-$772K
33	33 iShares Core US Aggregate Bond ETF AGG $124B	$3.16M	0.79%	31,928 +6,454	+25%	+$638K
34	34 Schwab U.S Small- Cap ETF SCHA $17.2B	$2.91M	0.72%	124,338 +11,101	+10%	+$260K
35	35 iShares Russell Mid-Cap ETF IWR $41B	$2.83M	0.7%	33,248 -4,729	-12%	-$402K
36	36 FlexShares International Quality Dividend Dynamic Index Fund IQDY $73.6M	$2.8M	0.7%	96,333 -24,192	-20%	-$703K
37	37 SPDR Portfolio S&P 500 ETF SPLG $68.6B	$2.74M	0.68%	41,658 +3,988	+11%	+$262K
38	38 Schwab Emerging Markets Equity ETF SCHE $10.1B	$2.56M	0.64%	92,684 +7,770	+9%	+$214K
39	39 iShares Broad USD High Yield Corporate Bond ETF USHY $22.6B	$2.5M	0.62%	67,841 +8,696	+15%	+$320K
40	40 Schwab Short-Term US Treasury ETF SCHO $11.2B	$2.36M	0.59%	96,955 +3,818	+4%	+$92.9K
41	41 Utilities Select Sector SPDR Fund XLU $18.4B	$2.33M	0.58%	29,573 -4,632	-14%	-$365K
42	42 Energy Select Sector SPDR Fund XLE $26.7B	$2.31M	0.57%	24,697 -6,567	-21%	-$614K
43	43 Janus Henderson AAA CLO ETF JAAA $20.9B	$2.2M	0.55%	43,369 +6,488	+18%	+$329K
44	44 First Trust Senior Loan Fund ETF FTSL $2.37B	$2.13M	0.53%	46,670 -5,550	-11%	-$253K
45	45 First Trust Value Line Dividend Fund FVD $9.09B	$2.12M	0.53%	47,522 +34,560	+267%	+$1.54M
46	46 First Trust Horizon Managed Volatility Domestic ETF HUSV $97.9M	$2.1M	0.52%	52,252 +38,650	+284%	+$1.55M
47	47 Schwab International Small-Cap Equity ETF SCHC $4.43B	$2.09M	0.52%	58,164 +4,279	+8%	+$154K
48	48 WisdomTree Managed Futures Strategy Fund WTMF $158M	$2.03M	0.51%	59,587 +2,472	+4%	+$84.4K
49	49 First Trust Long/Short Equity ETF FTLS $2B	$2.02M	0.5%	31,524 +23,773	+307%	+$1.52M
50	50 Vanguard FTSE All-World ex-US Small-Cap Index Fund VSS $9.02B	$1.97M	0.49%	17,030 +2,855	+20%	+$330K