Sawtooth Asset Management, Inc. Buys iShares 20+ Year Treasury Bond ETF, ISHARES TRUST, PowerShares QQQ Trust Ser 1, Sells iShares Short Treasury Bond ETF, SPDR SERIES TRUST, ISHARES TRUST

• New Purchases: GOVT, SPLG, FMAY, RYT, SRVR, ESGU, QLTA, MGM, IWV, FHN, EFAV, VIAC, UN, VMC, EDV, IJK, BAB, SPOT, OUSA, USHY, FBHS, ZG, FSKR, CBOE, DVY, NET, UBER, HPE, CYBR, XMLV, DVYE, EWX, FBND, FLGE, IXJ, QTEC, SPMD, SUB, TAN, VCR, VIXM, XLG, AAP, MTCH, ARE, AMTD, BBBY, BRO, BF.B, TCOM, EOG, EGP, EMN, FLIR, EHC, KMT, MCHP, NTAP, HBI, EBAY, PAAS, FRT, AINV, FEI, PFSI, SAIC, CBZ, CF, SRLN, WHR, BOX, SOXX, SLF, SLB, RMD, DFEB, GFF, HAL, CTVA, IJJ, HL, HUBB, FAF, REG, MRTN, NRG, NUE, NWL, NUS,
• Added Positions: TLT, AGG, QQQ, ANGL, USMV, FPX, IEF, ICVT, USIG, VUG, IWX, VMBS, MUB, IVW, HYLS, DIA, SHYG, ISTB, SCHG, VTV, HYG, SPEM, SCHR, JNJ, MA, GLD, SCHO, VEA, VGIT, AMZN, JNK, QUAL, XLK, AAPL, ADBE, MCO, IAU, IEMG, TIP, VT, BAC, CSGP, PFE, DAL, AGZ, BNDX, LMBS, XLB, XLC, AMD, GOOGL, IDXX, MSFT, NFLX, ANTM, FB, BND, BSV, FIXD, IWM, LQD, MINT, SCHP, SJNK, COF, KO, HD, HBAN, KEY, SPGI, INSG, ODFL, PAYX, LUV, SBUX, UNH, VZ, HEI.A, V, VEEV, AAL, GOOG, KNSL, EFV, FMB, HYS, IVV, MBB, SPLV, VBR, VGLT, XLP, XLU, AMT, BP, BIIB, BMY, BAM, CI, CSCO, C, XOM, FISV, GPN, GS, HON, JPM, MRK, PEP, PG, TGT, TMO, UAL, UNP, FTNT, APO, GWRE, WDAY, ABBV, PYPL, COUP, OKTA, DGRO, IEI, VO, VOOG, VOT, XLI, DOX, AEP, ADP, BDX, BRK.B, BBY, BA, BWA, CVS, LUMN, FIS, CMCSA, ED, CCI, DHI, DOV, EIX, EW, ETR, EPD, EQR, EXC, EXR, FFIV, FE, GD, HPQ, IBM, MDLZ, LOW, MCD, NVDA, NTRS, ORLY, CRM, STX, SRE, SHW, SWKS, TJX, TSM, WMT, DIS, WFC, WEC, ZBH, CHY, WU, LDOS, MSCI, KDP, AVGO, VRSK, TSLA, BABA, QRVO, KHC, DOCU, ARKW, EBND, EEM, EFA, EMB, FLRN, FTA, FTSM, IPAY, IWR, IXUS, IYW, MGC, MGV, RSP, SLYG, SPDW, SPIP, SPYV, STIP, VCSH, VNQ, VOE, VONV, VOX, VTEB, CB, AZZ, ABT, ACN, ATVI, LNT, MO, AXP, AMGN, ADI, ANSS, AON, AMAT, WTRG, ADM, AVY, BBVA, BSX, BTI, CBRE, CDNS, CAH, PRDO, CASY, CAT, CTSH, STZ, GLW, CXW, COST, CVA, CCK, CMI, DVA, DLR, DUK, ECL, EMR, EEFT, FDS, F, GILD, HSIC, TT, INTC, ICE, INTU, J, KNX, LMT, MET, MU, NDAQ, NEM, NKE, NSC, ES, NOC, OKE, PCAR, PKG, PXD, BKNG, PWR, REGN, RSG, WRK, ROST, RUSHA, SNY, DHC, SBNY, SIRI, SO, SRCL, STE, SYK, TROW, TXN, TXT, TRP, TYL, UMBF, VNO, WCN, WMB, XEL, ZBRA, IRBT, EXLS, TMUS, BX, DFS, VMW, APEI, LYB, NXPI, HCA, PANW, BERY, NVEE, IQV, CDW, AMC, WLKP, QSR, CWEN, AFIN, CURO, DELL, DOW, AMCR, PNTG, AOA, AOK, AOR, CMBS, DJP, EMLC, FEM, FEP, FTCS, FXL, GVI, GWX, HYMB, IAGG, IBND, IGOV, ISHG, IVE, IYH, JKH, MNA, MOAT, PBW, PGX, PHB, PHO, PID, PSJ, PTLC, QYLD, SCHA, VDE, VIGI, VOOV, VTIP, VV,
• Reduced Positions: SHV, CWB, IWY, JKE, IWF, FVD, XMMO, BOND, EEMV, SHY, EFG, VGT, VGSH, MTUM, BIL, VIG, SPYG, FTC, IUSG, VCIT, HYLB, MGK, SPTL, HEFA, VGK, SHOP, GSY, VOO, IEFA, IHI, IWP, JPST, SPTM, ARKG, ARKK, DIV, ESGE, PFF, VHT, DON, FGD, GLDM, SPY, VBK, VLUE, VTI, WDIV, ITW, PTON, SCHD, MNST, KMB, RTX, WM, CIBR, IGSB, DTN, EDIV, IYG, SCZ, SPAB, VDC, VPU, VSS, VTWO, T, HUM, MAR, PRU, TSCO, WY, DG, KMI, PCI, DTH, FBT, GDX, ITOT, SPHD, SPTS, VCLT, MMM, AES, APD, NLY, TFC, BLL, CHKP, CVX, CLX, ETN, LLY, GIS, IRM, SJM, LVS, MMC, MXIM, MS, NGG, NXST, OXY, ORCL, PGR, PSA, QCOM, UPS, VTR, ET, HQH, PM, AGNC, GM, TWLO, TTD, KREF, BLV, DGRW, FDT, FLOT, IJR, IWO, IXN, JQUA, LGLV, MDYG, SECT, SH, SPSM, XLF, XLV, PLD, A, ALL, AEL, AFG, THRM, AZO, ADSK, BIDU, ITUB, BK, BCS, BLK, GIB, CSX, CM, CCL, CNP, CERN, SCHW, CTXS, CLH, CL, ABEV, CMP, COP, DHR, DRI, DEO, D, DD, EGAN, EA, ENB, EL, EXPD, NEE, FDX, FLO, FWRD, GE, GPC, GSK, GPK, HRB, HLIT, LHX, PEAK, HRL, IP, ISRG, JBL, KSU, LH, LRCX, LEG, LEN, LYG, MGIC, MAS, MMS, MCK, MDT, MSI, NTGR, NVS, NUAN, OMC, PNC, PH, PBCT, PKI, PNW, PFG, PEG, RLI, O, RF, ROP, RCL, RDS.A, RGLD, SAP, SINA, SKY, GL, TSN, USB, UL, URI, VLO, VOD, WPC, SMFG, USA, BR, ENSG, TAK, APTV, PSX, ZTS, GLOB, CDK, ENR, SQ, ZM, OTIS, ACWV, AOM, IGIB, DRW, FDL, FEX, FRI, FTSL, FXH, GEM, GSIE, HYD, IBB, IDU, IGLB, IGV, IJS, IWB, IYC, MDY, NEAR, NOBL, REZ, RWO, SCHV, SCHZ, SGOL, SLV, SLY, TLH, UDOW, USRT, VB, VNQI, VXUS, XBI, XLE,
• Sold Out: INKM, EPS, ILF, VAW, VXF, FTEC, PDBC, ELR, LDUR, NVTA, SIZE, DXCM, NI, SMH, DPZ, FAST, NTES, PCG, CMG, RQI, FFC, PTY, HPI, MASI, HUBS, EMM, ABB, ARCC, COLM, CMA, DKS, DLTR, BEN, RHP, IBKC, INO, K, KIM, MIC, MPW, TAP, MNR, NICE, OHI, LIN, DGX, QDEL, NLOK, MTN, VRTX, HQL, JPS, BGR, GOF, FNV, IVR, ZNGA, CHGG, AY, CRBP, OLLI, THW, HFRO, IJT, ITA, IYR, MDIV, OEF, QQEW, RDVY, SCHH, TOTL, XAR, AUDC, HLX, DNRCQ, BPYU, WELL, IBN, ILMN, INCY, LNC, NAK, ROK, SEIC, STT, ZION, ZYXI, TWO, HOLI, GPRK, KRA, GBDC, TCPC, NCLH, FS5A, MRNA, FPE, HDV, ICF, RWX,

For the details of Sawtooth Asset Management, Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/sawtooth+asset+management%2C+inc./current-portfolio/portfolio

1. VANGUARD INDEX FDS (VOO) - 1,124,127 shares, 6.72% of the total portfolio. Shares reduced by 1.3%
2. iShares 20+ Year Treasury Bond ETF (TLT) - 2,019,313 shares, 6.40% of the total portfolio. Shares added by 21.04%
3. ISHARES TRUST (IWY) - 1,367,268 shares, 3.22% of the total portfolio. Shares reduced by 14.85%
4. PowerShares QQQ Trust Ser 1 (QQQ) - 512,612 shares, 2.77% of the total portfolio. Shares added by 36.12%
5. ISHARES TRUST (IWX) - 2,128,387 shares, 2.11% of the total portfolio. Shares added by 16.24%

Sawtooth Asset Management, Inc. initiated holding in ISHARES TRUST. The purchase prices were between $27.79 and $28.25, with an estimated average price of $27.99. The stock is now traded at around $27.77. The impact to a portfolio due to this purchase was 0.41%. The holding were 755,129 shares as of .

Sawtooth Asset Management, Inc. initiated holding in SPDR SERIES TRUST. The purchase prices were between $36.49 and $42.03, with an estimated average price of $38.92. The stock is now traded at around $40.38. The impact to a portfolio due to this purchase was 0.38%. The holding were 502,252 shares as of .

Sawtooth Asset Management, Inc. initiated holding in FT Cboe Vest U.S. Equity Buffer ETF - May. The purchase prices were between $31.91 and $33.47, with an estimated average price of $32.82. The stock is now traded at around $33.57. The impact to a portfolio due to this purchase was 0.21%. The holding were 327,384 shares as of .

Sawtooth Asset Management, Inc. initiated holding in INVESCO EXCHG TRAD. The purchase prices were between $198 and $224.59, with an estimated average price of $208.06. The stock is now traded at around $219.86. The impact to a portfolio due to this purchase was 0.17%. The holding were 42,094 shares as of .

Sawtooth Asset Management, Inc. initiated holding in PACER FDS TR. The purchase prices were between $34.18 and $37.76, with an estimated average price of $36.22. The stock is now traded at around $35.92. The impact to a portfolio due to this purchase was 0.12%. The holding were 173,751 shares as of .

Sawtooth Asset Management, Inc. initiated holding in iShares MSCI USA ESG Optimized ETF. The purchase prices were between $70.41 and $81.56, with an estimated average price of $75.29. The stock is now traded at around $78.32. The impact to a portfolio due to this purchase was 0.09%. The holding were 57,507 shares as of .

Sawtooth Asset Management, Inc. added to a holding in iShares 20+ Year Treasury Bond ETF by 21.04%. The purchase prices were between $161.12 and $171.57, with an estimated average price of $165.77. The stock is now traded at around $161.08. The impact to a portfolio due to this purchase was 1.11%. The holding were 2,019,313 shares as of .

Sawtooth Asset Management, Inc. added to a holding in ISHARES TRUST by 199.18%. The purchase prices were between $117.45 and $119.23, with an estimated average price of $118.22. The stock is now traded at around $117.95. The impact to a portfolio due to this purchase was 1.05%. The holding were 689,441 shares as of .

Sawtooth Asset Management, Inc. added to a holding in PowerShares QQQ Trust Ser 1 by 36.12%. The purchase prices were between $250.49 and $302.76, with an estimated average price of $271.11. The stock is now traded at around $286.91. The impact to a portfolio due to this purchase was 0.74%. The holding were 512,612 shares as of .

Sawtooth Asset Management, Inc. added to a holding in VanEck Vectors Fallen Angel High Yield Bond ETF by 98.18%. The purchase prices were between $28.25 and $30.48, with an estimated average price of $29.73. The stock is now traded at around $30.43. The impact to a portfolio due to this purchase was 0.4%. The holding were 1,398,447 shares as of .

Sawtooth Asset Management, Inc. added to a holding in ISHARES TRUST by 460.55%. The purchase prices were between $60.74 and $66.36, with an estimated average price of $63.43. The stock is now traded at around $64.30. The impact to a portfolio due to this purchase was 0.37%. The holding were 367,221 shares as of .

Sawtooth Asset Management, Inc. added to a holding in iShares 7-10 Year Treasury Bond ETF by 84.50%. The purchase prices were between $121.01 and $122.89, with an estimated average price of $121.81. The stock is now traded at around $120.93. The impact to a portfolio due to this purchase was 0.36%. The holding were 334,764 shares as of .

Sawtooth Asset Management, Inc. sold out a holding in SSGA ACTIVE ETF TR. The sale prices were between $30.38 and $31.95, with an estimated average price of $31.32.

Sawtooth Asset Management, Inc. sold out a holding in WISDOMTREE TRUST. The sale prices were between $33.01 and $37.51, with an estimated average price of $35.07.

Sawtooth Asset Management, Inc. sold out a holding in ISHARES TRUST. The sale prices were between $20.63 and $24.4, with an estimated average price of $22.66.

Sawtooth Asset Management, Inc. sold out a holding in VANGUARD INDEX FDS. The sale prices were between $118.34 and $135.96, with an estimated average price of $127.22.

Sawtooth Asset Management, Inc. sold out a holding in VANGUARD WORLD FDS. The sale prices were between $120.46 and $141.19, with an estimated average price of $132.4.

Sawtooth Asset Management, Inc. sold out a holding in FIDELITY COV TRS. The sale prices were between $82.3 and $99.75, with an estimated average price of $88.83.