Morningstar Investment Management LLC Buys iShares MSCI United Kingdom, SPDR Select Sector Fund - Energy Select Sector, iShares Global Energy, Sells SPDR Bloomberg Barclays 1-3 Month T-Bill, iShares National Muni Bond, Vanguard Long-Term Government Bond E

• New Purchases: XLE, DBEU, CWB, VCSH, VMBS, VTI, VB,
• Added Positions: EWU, IXC, SCHO, VTIP, EUFN, VHT, EWY, SCHP,
• Reduced Positions: VGLT, SCHR, VDC,
• Sold Out: BIL, MUB, BIV, BSV, SCHH, RSX, TBT,

For the details of Morningstar Investment Management LLC's stock buys and sells, go to https://www.gurufocus.com/guru/morningstar+investment+management+llc/current-portfolio/portfolio

1. iShares MSCI United Kingdom (EWU) - 3,218,165 shares, 20.85% of the total portfolio. Shares added by 36.92%
2. Vanguard Health Care (VHT) - 218,024 shares, 9.96% of the total portfolio. Shares added by 11.69%
3. Schwab Intermediate-Term U.S. Treasury (SCHR) - 498,723 shares, 8.06% of the total portfolio. Shares reduced by 39.73%
4. Vanguard Consumer Staples (VDC) - 192,257 shares, 7.29% of the total portfolio. Shares reduced by 21.19%
5. Schwab Short-Term U.S. Treasury (SCHO) - 511,750 shares, 7.28% of the total portfolio. Shares added by 69.28%

Morningstar Investment Management LLC initiated holding in SPDR Select Sector Fund - Energy Select Sector. The purchase prices were between $23.57 and $60.87, with an estimated average price of $48.26. The stock is now traded at around $37.43. The impact to a portfolio due to this purchase was 5.07%. The holding were 634,806 shares as of .

Morningstar Investment Management LLC initiated holding in Xtrackers MSCI Europe Hedged Equity. The purchase prices were between $21.04 and $32.12, with an estimated average price of $28.86. The stock is now traded at around $25.70. The impact to a portfolio due to this purchase was 3.74%. The holding were 561,463 shares as of .

Morningstar Investment Management LLC initiated holding in SPDR Bloomberg Barclays Convertible Securities. The purchase prices were between $40.79 and $60.04, with an estimated average price of $54.08. The stock is now traded at around $54.25. The impact to a portfolio due to this purchase was 3.27%. The holding were 248,113 shares as of .

Morningstar Investment Management LLC initiated holding in Vanguard Short-Term Corporate Bond ETF. The purchase prices were between $71.75 and $82.34, with an estimated average price of $80.57. The stock is now traded at around $81.05. The impact to a portfolio due to this purchase was 2.63%. The holding were 120,858 shares as of .

Morningstar Investment Management LLC initiated holding in Vanguard Mortgage-Backed Securities ETF. The purchase prices were between $51.4 and $54.6, with an estimated average price of $53.46. The stock is now traded at around $54.49. The impact to a portfolio due to this purchase was 2.25%. The holding were 150,234 shares as of .

Morningstar Investment Management LLC initiated holding in Vanguard Total Stock Market. The purchase prices were between $111.91 and $172.17, with an estimated average price of $155.87. The stock is now traded at around $144.35. The impact to a portfolio due to this purchase was 1.66%. The holding were 46,745 shares as of .

Morningstar Investment Management LLC added to a holding in iShares MSCI United Kingdom by 36.92%. The purchase prices were between $19.66 and $34.15, with an estimated average price of $29.93. The stock is now traded at around $24.86. The impact to a portfolio due to this purchase was 5.62%. The holding were 3,218,165 shares as of .

Morningstar Investment Management LLC added to a holding in iShares Global Energy by 161.27%. The purchase prices were between $12.76 and $31.54, with an estimated average price of $24.96. The stock is now traded at around $19.28. The impact to a portfolio due to this purchase was 3.86%. The holding were 1,345,912 shares as of .

Morningstar Investment Management LLC added to a holding in Schwab Short-Term U.S. Treasury by 69.28%. The purchase prices were between $50.48 and $51.73, with an estimated average price of $50.91. The stock is now traded at around $51.65. The impact to a portfolio due to this purchase was 2.98%. The holding were 511,750 shares as of .

Morningstar Investment Management LLC added to a holding in Vanguard Short-Term Inflation-Protected Securities by 31.26%. The purchase prices were between $46.79 and $49.92, with an estimated average price of $49.12. The stock is now traded at around $49.54. The impact to a portfolio due to this purchase was 1.63%. The holding were 509,664 shares as of .

Morningstar Investment Management LLC added to a holding in iShares MSCI Europe Financial Sector Index Fund by 163.78%. The purchase prices were between $10.88 and $19.8, with an estimated average price of $17.24. The stock is now traded at around $12.46. The impact to a portfolio due to this purchase was 1.31%. The holding were 612,944 shares as of .

Morningstar Investment Management LLC added to a holding in iShares Inc MSCI South Korea by 178.84%. The purchase prices were between $38.97 and $64.09, with an estimated average price of $56.27. The stock is now traded at around $50.38. The impact to a portfolio due to this purchase was 0.87%. The holding were 104,411 shares as of .

Morningstar Investment Management LLC sold out a holding in SPDR Bloomberg Barclays 1-3 Month T-Bill. The sale prices were between $91.18 and $91.59, with an estimated average price of $91.37.

Morningstar Investment Management LLC sold out a holding in iShares National Muni Bond. The sale prices were between $101.52 and $117.61, with an estimated average price of $114.37.

Morningstar Investment Management LLC sold out a holding in Vanguard Intermediate-Term Bond. The sale prices were between $83.42 and $91.83, with an estimated average price of $88.16.

Morningstar Investment Management LLC sold out a holding in Vanguard Short-Term Bond. The sale prices were between $78.4 and $82.23, with an estimated average price of $80.79.

Morningstar Investment Management LLC sold out a holding in Schwab U.S. REIT. The sale prices were between $27.07 and $48.53, with an estimated average price of $43.11.

Morningstar Investment Management LLC sold out a holding in VanEck Vectors Russia. The sale prices were between $13.38 and $26.57, with an estimated average price of $22.6.