Grubman Wealth Management Buys iShares Russell 1000 ETF, iShares MSCI EAFE ETF, iShares Russell 2000 ETF, Sells iShares MSCI EAFE Value ETF, SPDR Nuveen Barclays Short Term Municipal Bond ETF, iShares Russell 2000 Value ETF

• New Purchases: VMBS, STIP, SCHW, DSI, ADP,
• Added Positions: IWB, EFA, IWM, PGX, IEI, VNQ, CMF, EEM, VCIT, STPZ, SCZ, AGG, AAPL, GOOGL, BNDX, VXUS, EWU, INTC, VWO,
• Reduced Positions: IWD, EFV, SHM, IWN, VCSH, DEM, DLS, MBB, IWC, VTI, IVE, VOO, SPY, VBK, VO, TTWO, MSFT, VB, JNJ, VIG, DE,

For the details of Grubman Wealth Management's stock buys and sells, go to https://www.gurufocus.com/guru/grubman+wealth+management/current-portfolio/portfolio

1. iShares Russell 1000 ETF (IWB) - 209,248 shares, 16.79% of the total portfolio. Shares added by 29.25%
2. iShares MSCI EAFE ETF (EFA) - 376,518 shares, 11.76% of the total portfolio. Shares added by 29.67%
3. iShares Russell 1000 Value ETF (IWD) - 141,701 shares, 8.70% of the total portfolio. Shares reduced by 17.1%
4. iShares Russell 2000 ETF (IWM) - 97,351 shares, 7.25% of the total portfolio. Shares added by 40.79%
5. iShares Core U.S. Aggregate Bond ETF (AGG) - 116,392 shares, 5.88% of the total portfolio. Shares added by 2.19%

Grubman Wealth Management initiated holding in Vanguard Mortgage-Backed Securities ETF. The purchase prices were between $53.04 and $53.35, with an estimated average price of $53.19. The stock is now traded at around $53.36. The impact to a portfolio due to this purchase was 0.47%. The holding were 19,692 shares as of .

Grubman Wealth Management initiated holding in iShares 0-5 Year TIPS Bond ETF. The purchase prices were between $99.88 and $100.71, with an estimated average price of $100.32. The stock is now traded at around $100.86. The impact to a portfolio due to this purchase was 0.44%. The holding were 9,743 shares as of .

Grubman Wealth Management initiated holding in Charles Schwab Corp. The purchase prices were between $35.1 and $51.07, with an estimated average price of $44.34. The stock is now traded at around $47.71. The impact to a portfolio due to this purchase was 0.1%. The holding were 4,535 shares as of .

Grubman Wealth Management initiated holding in iShares MSCI KLD 400 Social ETF. The purchase prices were between $107 and $120.7, with an estimated average price of $114.62. The stock is now traded at around $122.56. The impact to a portfolio due to this purchase was 0.1%. The holding were 1,904 shares as of .

Grubman Wealth Management initiated holding in Automatic Data Processing Inc. The purchase prices were between $156.32 and $171.62, with an estimated average price of $165.82. The stock is now traded at around $171.23. The impact to a portfolio due to this purchase was 0.09%. The holding were 1,191 shares as of .

Grubman Wealth Management added to a holding in iShares Russell 1000 ETF by 29.25%. The purchase prices were between $158.94 and $178.97, with an estimated average price of $170.11. The stock is now traded at around $181.74. The impact to a portfolio due to this purchase was 3.8%. The holding were 209,248 shares as of .

Grubman Wealth Management added to a holding in iShares MSCI EAFE ETF by 29.67%. The purchase prices were between $62.55 and $69.64, with an estimated average price of $66.97. The stock is now traded at around $69.88. The impact to a portfolio due to this purchase was 2.69%. The holding were 376,518 shares as of .

Grubman Wealth Management added to a holding in iShares Russell 2000 ETF by 40.79%. The purchase prices were between $145.92 and $166.68, with an estimated average price of $157.72. The stock is now traded at around $166.57. The impact to a portfolio due to this purchase was 2.1%. The holding were 97,351 shares as of .

Grubman Wealth Management added to a holding in Invesco Preferred ETF by 259.32%. The purchase prices were between $14.7 and $15.12, with an estimated average price of $14.93. The stock is now traded at around $15.17. The impact to a portfolio due to this purchase was 1.75%. The holding were 358,649 shares as of .

Grubman Wealth Management added to a holding in iShares 3-7 Year Treasury Bond ETF by 33.02%. The purchase prices were between $125.16 and $127.24, with an estimated average price of $125.92. The stock is now traded at around $126.26. The impact to a portfolio due to this purchase was 1.33%. The holding were 94,933 shares as of .

Grubman Wealth Management added to a holding in Vanguard REIT ETF by 304.20%. The purchase prices were between $90.14 and $95.25, with an estimated average price of $92.6. The stock is now traded at around $93.04. The impact to a portfolio due to this purchase was 1.17%. The holding were 37,445 shares as of .

Grubman Wealth Management reduced to a holding in iShares MSCI EAFE Value ETF by 29.48%. The sale prices were between $45.06 and $50.2, with an estimated average price of $48.32. The stock is now traded at around $49.90. The impact to a portfolio due to this sale was -1.47%. Grubman Wealth Management still held 140,252 shares as of .

Grubman Wealth Management reduced to a holding in SPDR Nuveen Barclays Short Term Municipal Bond ETF by 45.86%. The sale prices were between $48.91 and $49.12, with an estimated average price of $49.03. The stock is now traded at around $49.22. The impact to a portfolio due to this sale was -0.88%. Grubman Wealth Management still held 40,253 shares as of .

Grubman Wealth Management reduced to a holding in iShares Russell 2000 Value ETF by 22.32%. The sale prices were between $114.75 and $129, with an estimated average price of $123.11. The stock is now traded at around $127.67. The impact to a portfolio due to this sale was -0.83%. Grubman Wealth Management still held 46,007 shares as of .

Grubman Wealth Management reduced to a holding in WisdomTree Emerging Markets High Dividend Fund by 37.09%. The sale prices were between $40.47 and $45.78, with an estimated average price of $43.14. The stock is now traded at around $46.39. The impact to a portfolio due to this sale was -0.48%. Grubman Wealth Management still held 37,544 shares as of .

Grubman Wealth Management reduced to a holding in WisdomTree International SmallCap Dividend Fund by 29.74%. The sale prices were between $61.51 and $71.11, with an estimated average price of $66.94. The stock is now traded at around $70.54. The impact to a portfolio due to this sale was -0.31%. Grubman Wealth Management still held 21,698 shares as of .

Grubman Wealth Management reduced to a holding in iShares S&P 500 Value ETF by 43.73%. The sale prices were between $114.75 and $130.26, with an estimated average price of $123.95. The stock is now traded at around $130.41. The impact to a portfolio due to this sale was -0.08%. Grubman Wealth Management still held 1,597 shares as of .