Almanack Investment Partners, LLC. Buys SPDR S&P 500, Aberdeen Standard Physical Gold Shares, iShares Edge MSCI Min Vol USA, Sells Schwab International Equity, Schwab U.S. TIPs, SPDR S&P Global Natural Resources

• New Purchases: GDX, MDY, DLB, AGN, IWF, C, BABA, J, KR, NSIT, NONOF, CTVA, TSN, LOGM, DOX, PAYC, TSM, NOC, WLTW, GS, BLMN, DHT, GOOG, DGX, NEM, WAL, TMUS, MLPA, ZROZ, ALB, DVA, FMC, STL, KB, AZN, DHI, VOO, EWT, ABC, VRTX, CNC, CHTR, BIIB, NVDA, TROW, PRU, BIL, MRK, NTES, RJF, WNS, ADP, HON, PG, QCOM, MET, LEN, EDU, IBN, TXN, ABT, TCOM, LRCX, UNH, PEP, AAL, MLCO, ELP, ENIC, MBT, CGBD, BBSEY, GGB,
• Added Positions: SPY, SGOL, USMV, IEI, SCHE, LEMB, VCLT, SCHR, SCHA, SCHX, SLV, MSFT, VPU, IVAL, SCHV, AAPL, SCHH, V, AMZN, IEMG, MA, FB, AMT, SCHB, INTC, GOOGL, QQQ, JPST, JPM, INDA, NFLX, JNJ, HD, PYPL, MCD, PFE, NEE, MDT, CMCSA, WEC, DIS, VZ, SVM, LMT, SCHG, MINT, UNP, SMIN, NVS, SBUX, T, ZTS, AMGN, LQD, INTU, GLD, SQ, TGT, SYK, PFF, RSG, XOM, COST, MSI, CTAS, WMT, BRK.B, JKHY, VHT,
• Reduced Positions: SCHF, SCHP, EDV, DGRO, TIP, MTUM, LTPZ, SCHD, TLH, SCHZ, TLT, BAC, DVYE, IHI, HACK, GSY, VGSH, IVV, IBM, VIG, CSCO, ENDP, IEF, AGG, LHCG, VT,
• Sold Out: GNR, EMLC, PDBC, EEM, GDXJ, VDE, HYEM, VBR, CWB, DGRW, VONG, MGK, DTD, VWOB, FPE, NMZ, VTEB, XLK, BKLN, DD, DOW, VWO, SUB, UGI, SH, IBKC, VEA, DLR, VUG, APD, ITW, IWD, CAT, WSBC, BHP, PGX,

For the details of Almanack Investment Partners, LLC.'s stock buys and sells, go to https://www.gurufocus.com/guru/almanack+investment+partners%2C+llc./current-portfolio/portfolio

1. Aberdeen Standard Physical Gold Shares (SGOL) - 2,310,779 shares, 9.84% of the total portfolio. Shares added by 67.24%
2. Vanguard Extended Duration Treasury (EDV) - 205,339 shares, 9.68% of the total portfolio. Shares reduced by 23.7%
3. SPDR S&P 500 (SPY) - 107,604 shares, 7.84% of the total portfolio. Shares added by 6366.59%
4. Schwab U.S. Large-Cap (SCHX) - 419,622 shares, 7.23% of the total portfolio. Shares added by 12.99%
5. Schwab Emerging Markets Equity (SCHE) - 949,945 shares, 5.53% of the total portfolio. Shares added by 34.25%

Almanack Investment Partners, LLC. initiated holding in VanEck Vectors Gold Miners. The purchase prices were between $19 and $31.05, with an estimated average price of $27.36. The stock is now traded at around $33.67. The impact to a portfolio due to this purchase was 1.3%. The holding were 200,424 shares as of .

Almanack Investment Partners, LLC. initiated holding in SPDR MidCap Trust Series I. The purchase prices were between $220.85 and $384.02, with an estimated average price of $342.7. The stock is now traded at around $282.34. The impact to a portfolio due to this purchase was 1.03%. The holding were 13,814 shares as of .

Almanack Investment Partners, LLC. initiated holding in Dolby Laboratories Inc. The purchase prices were between $46.94 and $73, with an estimated average price of $65.74. The stock is now traded at around $54.12. The impact to a portfolio due to this purchase was 0.62%. The holding were 40,510 shares as of .

Almanack Investment Partners, LLC. initiated holding in Allergan PLC. The purchase prices were between $164.7 and $202.1, with an estimated average price of $188.56. The stock is now traded at around $193.02. The impact to a portfolio due to this purchase was 0.45%. The holding were 9,032 shares as of .

Almanack Investment Partners, LLC. initiated holding in iShares Russell 1000 Growth. The purchase prices were between $131.24 and $191.72, with an estimated average price of $171.91. The stock is now traded at around $171.41. The impact to a portfolio due to this purchase was 0.37%. The holding were 8,706 shares as of .

Almanack Investment Partners, LLC. initiated holding in Citigroup Inc. The purchase prices were between $35.39 and $81.91, with an estimated average price of $67.72. The stock is now traded at around $40.62. The impact to a portfolio due to this purchase was 0.34%. The holding were 28,702 shares as of .

Almanack Investment Partners, LLC. added to a holding in SPDR S&P 500 by 6366.59%. The purchase prices were between $222.95 and $338.34, with an estimated average price of $305.03. The stock is now traded at around $281.18. The impact to a portfolio due to this purchase was 7.72%. The holding were 107,604 shares as of .

Almanack Investment Partners, LLC. added to a holding in Aberdeen Standard Physical Gold Shares by 67.24%. The purchase prices were between $14.12 and $16.16, with an estimated average price of $15.24. The stock is now traded at around $16.47. The impact to a portfolio due to this purchase was 3.96%. The holding were 2,310,779 shares as of .

Almanack Investment Partners, LLC. added to a holding in iShares Edge MSCI Min Vol USA by 210.53%. The purchase prices were between $46.61 and $69.67, with an estimated average price of $63.87. The stock is now traded at around $57.31. The impact to a portfolio due to this purchase was 2.82%. The holding were 273,925 shares as of .

Almanack Investment Partners, LLC. added to a holding in iShares 3-7 Year Treasury Bond ETF by 2320.21%. The purchase prices were between $125.33 and $133.05, with an estimated average price of $128.4. The stock is now traded at around $133.56. The impact to a portfolio due to this purchase was 1.85%. The holding were 51,381 shares as of .

Almanack Investment Partners, LLC. added to a holding in Schwab Emerging Markets Equity by 34.25%. The purchase prices were between $18.68 and $28.22, with an estimated average price of $25.22. The stock is now traded at around $22.03. The impact to a portfolio due to this purchase was 1.41%. The holding were 949,945 shares as of .

Almanack Investment Partners, LLC. added to a holding in iShares J.P. Morgan EM Local Currency Bond by 382.76%. The purchase prices were between $35.25 and $44.01, with an estimated average price of $42.12. The stock is now traded at around $38.23. The impact to a portfolio due to this purchase was 1.24%. The holding were 147,928 shares as of .

Almanack Investment Partners, LLC. sold out a holding in SPDR S&P Global Natural Resources. The sale prices were between $25.37 and $46.38, with an estimated average price of $39.39.

Almanack Investment Partners, LLC. sold out a holding in VanEck Vectors J.P. Morgan EM Local Currency Bond. The sale prices were between $26.4 and $33.43, with an estimated average price of $31.74.

Almanack Investment Partners, LLC. sold out a holding in PowerShares DB Optimum Yield Diversified Commoditi. The sale prices were between $11.3 and $16.8, with an estimated average price of $14.66.

Almanack Investment Partners, LLC. sold out a holding in iShares MSCI Emerging Index Fund. The sale prices were between $30.61 and $46.3, with an estimated average price of $41.03.

Almanack Investment Partners, LLC. sold out a holding in VanEck Vectors Junior Gold Miners. The sale prices were between $22.17 and $44.97, with an estimated average price of $37.99.

Almanack Investment Partners, LLC. sold out a holding in Vanguard Energy. The sale prices were between $31.29 and $82.78, with an estimated average price of $64.6.