MD Financial Management Inc. Buys Vanguard Total International Bond ETF, iShares Global Infrastructure ETF, iShares Floating Rate Bond, Sells SPDR Bloomberg Barclays High Yield Bond, iShares U.S. Preferred Stock, Invesco Senior Loan

• New Purchases: FLOT, GLD, USIG, VCLT, IGOV, EWX, FIW, VNQI, VWOB, DBA,
• Added Positions: BNDX, IGF, BWX, WIP, ACWV, VNQ, VMBS, WOOD,
• Reduced Positions: PFF, BKLN, GUNR, EMB, CWB, VB, PDBC, SIL, TIP, AGG, GNR, IWC, GDX, RWX, PHO, EMLC,
• Sold Out: JNK, QAI,

For the details of MD Financial Management Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/md+financial+management+inc./current-portfolio/portfolioportfolio

1. iShares Global Infrastructure ETF (IGF) - 2,965,427 shares, 7.35% of the total portfolio. Shares added by 46.50%
2. Vanguard Total International Bond ETF (BNDX) - 2,261,707 shares, 6.95% of the total portfolio. Shares added by 336.39%
3. Vanguard Small-Cap (VB) - 762,714 shares, 6.41% of the total portfolio. Shares reduced by 22.44%
4. Vanguard Real Estate (VNQ) - 1,211,399 shares, 5.68% of the total portfolio. Shares added by 8.10%
5. Vanguard FTSE All-Wld ex-US SmCp Idx (VSS) - 971,660 shares, 5.49% of the total portfolio. Shares added by 0.07%

MD Financial Management Inc. initiated holding in iShares Floating Rate Bond. The purchase prices were between $50.42 and $50.81, with an estimated average price of $50.62. The stock is now traded at around $50.95. The impact to a portfolio due to this purchase was 2.02%. The holding were 739,695 shares as of .

MD Financial Management Inc. initiated holding in SPDR Gold Trust. The purchase prices were between $119.94 and $134.2, with an estimated average price of $123.59. The stock is now traded at around $133.80. The impact to a portfolio due to this purchase was 1.35%. The holding were 188,776 shares as of .

MD Financial Management Inc. initiated holding in iShares U.S. Credit Bond ETF. The purchase prices were between $54.86 and $57.07, with an estimated average price of $55.54. The stock is now traded at around $57.02. The impact to a portfolio due to this purchase was 1.31%. The holding were 426,815 shares as of .

MD Financial Management Inc. initiated holding in Vanguard Long-Term Corporate Bond ETF. The purchase prices were between $90.3 and $96.87, with an estimated average price of $92.31. The stock is now traded at around $97.00. The impact to a portfolio due to this purchase was 1.3%. The holding were 251,086 shares as of .

MD Financial Management Inc. initiated holding in iShares S&P/Citigroup International Treasury Bond. The purchase prices were between $48.38 and $50.86, with an estimated average price of $49.24. The stock is now traded at around $50.22. The impact to a portfolio due to this purchase was 0.94%. The holding were 344,654 shares as of .

MD Financial Management Inc. initiated holding in SPDR S&P Emerging Markets Small Cap. The purchase prices were between $41.42 and $45.29, with an estimated average price of $43.71. The stock is now traded at around $45.29. The impact to a portfolio due to this purchase was 0.8%. The holding were 334,722 shares as of .

MD Financial Management Inc. added to a holding in Vanguard Total International Bond ETF by 336.39%. The purchase prices were between $55.44 and $57.3, with an estimated average price of $56.17. The stock is now traded at around $57.84. The impact to a portfolio due to this purchase was 5.36%. The holding were 2,261,707 shares as of .

MD Financial Management Inc. added to a holding in iShares Global Infrastructure ETF by 46.50%. The purchase prices were between $44.47 and $46.81, with an estimated average price of $45.33. The stock is now traded at around $45.74. The impact to a portfolio due to this purchase was 2.33%. The holding were 2,965,427 shares as of .

MD Financial Management Inc. added to a holding in SPDR Bloomberg Barclays Intl Treasury Bd by 51.30%. The purchase prices were between $27.42 and $28.91, with an estimated average price of $27.94. The stock is now traded at around $28.62. The impact to a portfolio due to this purchase was 1.37%. The holding were 2,607,809 shares as of .

MD Financial Management Inc. added to a holding in SPDR FTSE International Government Inflation-Prote by 68.53%. The purchase prices were between $52.9 and $55.72, with an estimated average price of $53.99. The stock is now traded at around $55.29. The impact to a portfolio due to this purchase was 0.87%. The holding were 721,387 shares as of .

MD Financial Management Inc. added to a holding in iShares Edge MSCI Min Vol Global by 24.97%. The purchase prices were between $87.41 and $92.75, with an estimated average price of $89.38. The stock is now traded at around $93.11. The impact to a portfolio due to this purchase was 0.82%. The holding were 827,632 shares as of .

MD Financial Management Inc. sold out a holding in SPDR Bloomberg Barclays High Yield Bond. The sale prices were between $105.16 and $108.96, with an estimated average price of $106.88.

MD Financial Management Inc. sold out a holding in IQ Hedge MultiIQ Hedge Multi-Strategy Tracker. The sale prices were between $29.87 and $30.42, with an estimated average price of $30.15.