LFA - Lugano Financial Advisors SA Buys SPDR DJ Euro STOXX 50 Etf, iShares MSCI USA ESG Select, IQ Merger Arbitrage, Sells Vanguard Intermediate-Term Corporate Bond ETF, iShares J.P. Morgan USD Emerging Markets Bond ETF, iShares 3-7 Year Treasury Bond ETF

• New Purchases: SUSA, MNA, IEO,
• Added Positions: FEZ, BNDX, EWU,
• Reduced Positions: VCIT, SPY, EMB, IEI, VCLT, HYG, GLD, QAI, EEM, PFF, XLF, IGIB, VCSH, ASHR, EFA, HEWJ, MA, EWL, GOOGL, HD, HEDJ, AAPL, BMY, NEE, QQQ, SPGI, MSFT, SBUX, MSI, NKE, JCI, DIS, AMZN, BABA, ZTS, EWG, KO, ACP, BRK.B,
• Sold Out: KLD, FLOT, IEF, IVV, VHT, IYJ, ACWI, SHV, COST, JPM, BOTZ, VOD, DG, LIT, VZ, V,

For the details of LFA - Lugano Financial Advisors SA's stock buys and sells, go to https://www.gurufocus.com/guru/lfa+-+lugano+financial+advisors+sa/current-portfolio/portfolio

1. SPDR S&P 500 (SPY) - 65,904 shares, 20.90% of the total portfolio. Shares reduced by 17.54%
2. SPDR DJ Euro STOXX 50 Etf (FEZ) - 228,661 shares, 8.82% of the total portfolio. Shares added by 39.74%
3. Vanguard Intermediate-Term Corporate Bond ETF (VCIT) - 74,302 shares, 6.85% of the total portfolio. Shares reduced by 55.81%
4. iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) - 47,759 shares, 5.46% of the total portfolio. Shares reduced by 29.86%
5. iShares 3-7 Year Treasury Bond ETF (IEI) - 39,240 shares, 4.95% of the total portfolio. Shares reduced by 30.68%

LFA - Lugano Financial Advisors SA initiated holding in iShares MSCI USA ESG Select. The purchase prices were between $95.06 and $141.74, with an estimated average price of $129.1. The stock is now traded at around $114.45. The impact to a portfolio due to this purchase was 2.03%. The holding were 15,318 shares as of .

LFA - Lugano Financial Advisors SA initiated holding in IQ Merger Arbitrage. The purchase prices were between $27.88 and $33.46, with an estimated average price of $32.42. The stock is now traded at around $30.54. The impact to a portfolio due to this purchase was 1.77%. The holding were 53,754 shares as of .

LFA - Lugano Financial Advisors SA initiated holding in iShares U.S. Oil & Gas Exploration & Production. The purchase prices were between $18.86 and $56.07, with an estimated average price of $41.23. The stock is now traded at around $25.93. The impact to a portfolio due to this purchase was 0.01%. The holding were 305 shares as of .

LFA - Lugano Financial Advisors SA added to a holding in SPDR DJ Euro STOXX 50 Etf by 39.74%. The purchase prices were between $25.09 and $41.1, with an estimated average price of $36.46. The stock is now traded at around $29.83. The impact to a portfolio due to this purchase was 2.51%. The holding were 228,661 shares as of .

LFA - Lugano Financial Advisors SA added to a holding in Vanguard Total International Bond ETF by 31.36%. The purchase prices were between $54.98 and $58.4, with an estimated average price of $57.14. The stock is now traded at around $56.36. The impact to a portfolio due to this purchase was 0.08%. The holding were 5,969 shares as of .

LFA - Lugano Financial Advisors SA sold out a holding in Pivotal Acquisition Corp. Class A. The sale prices were between $9.9 and $9.9, with an estimated average price of $9.9.

LFA - Lugano Financial Advisors SA sold out a holding in iShares Floating Rate Bond. The sale prices were between $44.02 and $50.91, with an estimated average price of $49.85.

LFA - Lugano Financial Advisors SA sold out a holding in iShares 7-10 Year Treasury Bond ETF. The sale prices were between $110.32 and $121.34, with an estimated average price of $114.82.

LFA - Lugano Financial Advisors SA sold out a holding in iShares Core S&P 500. The sale prices were between $223.25 and $337.76, with an estimated average price of $304.65.

LFA - Lugano Financial Advisors SA sold out a holding in Vanguard Health Care. The sale prices were between $139.96 and $197.23, with an estimated average price of $183.85.

LFA - Lugano Financial Advisors SA sold out a holding in iShares U.S. Industrials. The sale prices were between $103.68 and $173.38, with an estimated average price of $155.11.