First Allied Advisory Services, Inc. Buys Vanguard Total Bond Market ETF, Highland Floating Rate Opportunities Fund, Invesco QQQ Trust Series 1, Sells Invesco Preferred, iShares MSCI ACWI Index Fund, Invesco S&P 500 Quality

• New Purchases: BND, HFRO, SCHX, EDIV, SCHV, IVR, LMBS, FXL, AVGO, FDT,
• Added Positions: QQQ, SCHA, VTV, IJH, IJT, FLOT, GILD, IEFA, PFG, FTSM,
• Reduced Positions: ACWI, DWX, VGK, FNX, SO, XLK, BIV, AAPL, EWJ, DIA,
• Sold Out: PGX, SPHQ, PDP, SPLV, IPKW, PCY, PRF, PZA, CIU, BAB,

For the details of First Allied Advisory Services, Inc.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=First+Allied+Advisory+Services%2C+Inc.

1. Vanguard Total Stock Market (VTI) - 814,690 shares, 4.81% of the total portfolio. Shares reduced by 0.31%
2. Apple Inc (AAPL) - 350,310 shares, 2.73% of the total portfolio. Shares reduced by 5.43%
3. Invesco QQQ Trust Series 1 (QQQ) - 308,943 shares, 2.23% of the total portfolio. Shares added by 26.36%
4. iShares Core S&P 500 (IVV) - 161,388 shares, 1.85% of the total portfolio. Shares added by 4.11%
5. Vanguard Total Bond Market ETF (BND) - 500,673 shares, 1.67% of the total portfolio. New Position

First Allied Advisory Services, Inc. initiated holding in Vanguard Total Bond Market ETF. The purchase prices were between $78.33 and $79.8, with an estimated average price of $79.06. The stock is now traded at around $78.87. The impact to a portfolio due to this purchase was 1.67%. The holding were 500,673 shares as of 2018-06-30.

First Allied Advisory Services, Inc. initiated holding in Highland Floating Rate Opportunities Fund. The purchase prices were between $15.58 and $15.73, with an estimated average price of $15.67. The stock is now traded at around $15.84. The impact to a portfolio due to this purchase was 0.52%. The holding were 793,526 shares as of 2018-06-30.

First Allied Advisory Services, Inc. initiated holding in Schwab U.S. Large-Cap. The purchase prices were between $61.65 and $66.86, with an estimated average price of $64.7. The stock is now traded at around $68.36. The impact to a portfolio due to this purchase was 0.25%. The holding were 91,226 shares as of 2018-06-30.

First Allied Advisory Services, Inc. initiated holding in SPDR S&P Emerging Markets Dividend. The purchase prices were between $29.98 and $35.42, with an estimated average price of $33.45. The stock is now traded at around $31.58. The impact to a portfolio due to this purchase was 0.23%. The holding were 177,523 shares as of 2018-06-30.

First Allied Advisory Services, Inc. initiated holding in Schwab U.S. Large-Cap Value. The purchase prices were between $51.64 and $54.78, with an estimated average price of $53.53. The stock is now traded at around $55.97. The impact to a portfolio due to this purchase was 0.23%. The holding were 101,464 shares as of 2018-06-30.

First Allied Advisory Services, Inc. initiated holding in Invesco Mortgage Capital Inc. The purchase prices were between $15.72 and $16.48, with an estimated average price of $16.23. The stock is now traded at around $16.08. The impact to a portfolio due to this purchase was 0.2%. The holding were 297,495 shares as of 2018-06-30.

First Allied Advisory Services, Inc. added to a holding in Invesco QQQ Trust Series 1 by 26.36%. The purchase prices were between $155.51 and $177.6, with an estimated average price of $167.7. The stock is now traded at around $182.02. The impact to a portfolio due to this purchase was 0.47%. The holding were 308,943 shares as of 2018-06-30.

First Allied Advisory Services, Inc. added to a holding in Schwab U.S. Small-Cap by 2489.55%. The purchase prices were between $67.51 and $76.4, with an estimated average price of $72.38. The stock is now traded at around $75.80. The impact to a portfolio due to this purchase was 0.44%. The holding were 148,925 shares as of 2018-06-30.

First Allied Advisory Services, Inc. added to a holding in Vanguard Value by 486.97%. The purchase prices were between $100.91 and $107.21, with an estimated average price of $104.71. The stock is now traded at around $109.74. The impact to a portfolio due to this purchase was 0.34%. The holding were 93,346 shares as of 2018-06-30.

First Allied Advisory Services, Inc. added to a holding in iShares Core S&P Mid-Cap by 23.95%. The purchase prices were between $183.17 and $200.64, with an estimated average price of $193.17. The stock is now traded at around $200.71. The impact to a portfolio due to this purchase was 0.32%. The holding were 203,948 shares as of 2018-06-30.

First Allied Advisory Services, Inc. added to a holding in iShares S&P Small-Cap 600 Growth ETF by 119.61%. The purchase prices were between $170.02 and $196.06, with an estimated average price of $183.61. The stock is now traded at around $200.01. The impact to a portfolio due to this purchase was 0.3%. The holding were 69,120 shares as of 2018-06-30.

First Allied Advisory Services, Inc. added to a holding in iShares Floating Rate Bond by 259.94%. The purchase prices were between $50.87 and $51.05, with an estimated average price of $50.97. The stock is now traded at around $50.98. The impact to a portfolio due to this purchase was 0.22%. The holding were 140,342 shares as of 2018-06-30.

First Allied Advisory Services, Inc. sold out a holding in Invesco Preferred. The sale prices were between $14.33 and $14.64, with an estimated average price of $14.48.

First Allied Advisory Services, Inc. sold out a holding in Invesco S&P 500 Quality. The sale prices were between $29.15 and $31.29, with an estimated average price of $30.22.

First Allied Advisory Services, Inc. sold out a holding in Invesco DWA Momentum ETF. The sale prices were between $51.25 and $57.65, with an estimated average price of $54.76.

First Allied Advisory Services, Inc. sold out a holding in Invesco S&P 500 Low Volatility. The sale prices were between $46.17 and $47.56, with an estimated average price of $46.9.

First Allied Advisory Services, Inc. sold out a holding in Invesco Emerging Markets Sovereign Debt. The sale prices were between $26.32 and $28.25, with an estimated average price of $27.23.

First Allied Advisory Services, Inc. sold out a holding in Invesco International BuyBack Achievers ETF. The sale prices were between $35.76 and $39.04, with an estimated average price of $37.81.