Rainey & Randall Investment Management Inc. Buys SPDR Bloomberg Barclays Investment Grade Floating , Schwab U.S. Small-Cap, Schwab International Equity, Sells PowerShares S&P 500 Equal Weight Portfolio, Schwab U.S. REIT, PowerShares Exchange-Traded Fund T

• New Purchases: FLRN, SRLN, AMZN, IYH, PCN,
• Added Positions: SCHA, SCHF, SCHC, SCHV, AMLP, RYH, SCHE, RFG, DEF, PCY,
• Reduced Positions: RSP, BKLN, FB,
• Sold Out: SCHH,

For the details of RAINEY & RANDALL INVESTMENT MANAGEMENT INC.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=RAINEY+%26+RANDALL+INVESTMENT+MANAGEMENT+INC.

1. PowerShares S&P Midcap 400 Pure Growth Portfolio (RFG) - 139,141 shares, 17.91% of the total portfolio. Shares added by 1.40%
2. Schwab U.S. Small-Cap (SCHA) - 229,805 shares, 12.93% of the total portfolio. Shares added by 28.91%
3. PowerShares Defensive Equity Portfolio (DEF) - 248,302 shares, 9.37% of the total portfolio. Shares added by 2.31%
4. Schwab U.S. Large-Cap Value (SCHV) - 216,679 shares, 9.32% of the total portfolio. Shares added by 8.34%
5. SPDR Bloomberg Barclays Investment Grade Floating (FLRN) - 335,804 shares, 8.4% of the total portfolio. New Position

Rainey & Randall Investment Management Inc. initiated holding in SPDR Bloomberg Barclays Investment Grade Floating . The purchase prices were between $30.66 and $30.79, with an estimated average price of $30.73. The stock is now traded at around $30.72. The impact to a portfolio due to this purchase was 8.4%. The holding were 335,804 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. initiated holding in SPDR Blackstone GSO Senior Loan. The purchase prices were between $47.23 and $47.65, with an estimated average price of $47.41. The stock is now traded at around $47.29. The impact to a portfolio due to this purchase was 0.74%. The holding were 19,136 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. initiated holding in Amazon.com Inc. The purchase prices were between $1189.01 and $1598.39, with an estimated average price of $1430.19. The stock is now traded at around $1427.05. The impact to a portfolio due to this purchase was 0.29%. The holding were 248 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. initiated holding in iShares U.S. Healthcare. The purchase prices were between $169.12 and $192.78, with an estimated average price of $179.86. The stock is now traded at around $172.15. The impact to a portfolio due to this purchase was 0.19%. The holding were 1,336 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. initiated holding in PIMCO Corporate & Income Strategy Fund. The purchase prices were between $16.05 and $17.66, with an estimated average price of $16.87. The stock is now traded at around $16.87. The impact to a portfolio due to this purchase was 0.16%. The holding were 12,198 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. added to a holding in Schwab U.S. Small-Cap by 28.91%. The purchase prices were between $66.48 and $73.2, with an estimated average price of $70.51. The stock is now traded at around $69.80. The impact to a portfolio due to this purchase was 2.9%. The holding were 229,805 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. added to a holding in Schwab International Equity by 65.88%. The purchase prices were between $32.83 and $36.35, with an estimated average price of $34.45. The stock is now traded at around $34.02. The impact to a portfolio due to this purchase was 1.89%. The holding were 173,530 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. added to a holding in Schwab International Small-Cap Equity by 20.72%. The purchase prices were between $35.39 and $39.11, with an estimated average price of $37.15. The stock is now traded at around $36.87. The impact to a portfolio due to this purchase was 1.17%. The holding were 230,184 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. added to a holding in Alerian MLP by 52.44%. The purchase prices were between $9.24 and $11.61, with an estimated average price of $10.58. The stock is now traded at around $9.76. The impact to a portfolio due to this purchase was 0.62%. The holding were 234,668 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. added to a holding in PowerShares S&P 500 Equal Weight Health Care Portf by 38.44%. The purchase prices were between $175.45 and $198.64, with an estimated average price of $185.99. The stock is now traded at around $177.37. The impact to a portfolio due to this purchase was 0.35%. The holding were 8,687 shares as of 2018-03-31.

Rainey & Randall Investment Management Inc. sold out a holding in Schwab U.S. REIT. The sale prices were between $36.34 and $41.52, with an estimated average price of $38.55.