Capital Advisors, Ltd. LLC Buys PowerShares Ultra Short Duration Portfolio, iShares Core Dividend Growth, PowerShares S&P 500 Equal Weight Portfolio, Sells Forest City Realty Trust Inc, Rmr Real Estate Income Fund, iShares National Muni Bond

• New Purchases: GSY, PFF, FPE, SDIV, BSJI, HYMB, DGRW, WPS, STWD, PFG,
• Added Positions: DGRO, RSP, IEFA, VTI, IEMG, PKW, IGF, MTUM, IJT, VIG,
• Reduced Positions: VNQ, MUB, SHM, IVV, HYS, MMU, PEY, IWB, XLU, IWR,
• Sold Out: FCE.A, RIF, WSO, NVG, EWC, GG, LRCX, FRC, FISV, QCLN,

For the details of Capital Advisors, Ltd. LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Capital+Advisors%2C+Ltd.+LLC

1. SPDR S&P 500 (SPY) - 117,226 shares, 11.95% of the total portfolio. Shares reduced by 0.07%
2. iShares Russell 1000 Growth (IWF) - 152,533 shares, 8.04% of the total portfolio. Shares reduced by 0.36%
3. Vanguard Div Appreciation (VIG) - 133,864 shares, 5.24% of the total portfolio. Shares added by 2.16%
4. iShares Russell 1000 Value (IWD) - 109,954 shares, 5.11% of the total portfolio. Shares added by 1.50%
5. iShares S&P Mid-Cap 400 Growth (IJK) - 58,064 shares, 4.91% of the total portfolio. Shares added by 0.05%

Capital Advisors, Ltd. LLC initiated holding in PowerShares Ultra Short Duration Portfolio. The purchase prices were between $50.15 and $50.25, with an estimated average price of $50.2. The stock is now traded at around $50.23. The impact to a portfolio due to this purchase was 1.18%. The holding were 60,467 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC initiated holding in iShares U.S. Preferred Stock ETF. The purchase prices were between $36.79 and $38.19, with an estimated average price of $37.53. The stock is now traded at around $37.24. The impact to a portfolio due to this purchase was 0.25%. The holding were 17,169 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC initiated holding in First Trust Preferred Securities and Income ETF. The purchase prices were between $19.46 and $19.98, with an estimated average price of $19.74. The stock is now traded at around $19.48. The impact to a portfolio due to this purchase was 0.19%. The holding were 25,216 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC initiated holding in Global X SuperDividend. The purchase prices were between $20.35 and $22.55, with an estimated average price of $21.34. The stock is now traded at around $20.51. The impact to a portfolio due to this purchase was 0.12%. The holding were 14,639 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC initiated holding in PowerShares BulletShares 2018 High Yield Corporate. The purchase prices were between $24.86 and $25.16, with an estimated average price of $25.08. The stock is now traded at around $25.13. The impact to a portfolio due to this purchase was 0.06%. The holding were 6,171 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC initiated holding in WisdomTree U.S. Quality Dividend Growth Fund. The purchase prices were between $39.4 and $44.5, with an estimated average price of $42.03. The stock is now traded at around $40.46. The impact to a portfolio due to this purchase was 0.03%. The holding were 2,028 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC added to a holding in iShares Core Dividend Growth by 960.14%. The purchase prices were between $33.08 and $37.2, with an estimated average price of $35.28. The stock is now traded at around $34.15. The impact to a portfolio due to this purchase was 0.45%. The holding were 37,900 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC added to a holding in PowerShares S&P 500 Equal Weight Portfolio by 20.26%. The purchase prices were between $96.79 and $107.43, with an estimated average price of $102.32. The stock is now traded at around $100.43. The impact to a portfolio due to this purchase was 0.3%. The holding were 46,900 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC added to a holding in iShares Core MSCI EAFE by 190.86%. The purchase prices were between $64.18 and $70.84, with an estimated average price of $67.19. The stock is now traded at around $66.95. The impact to a portfolio due to this purchase was 0.21%. The holding were 12,565 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC added to a holding in iShares Core MSCI Emerging Markets by 362.66%. The purchase prices were between $55.19 and $62.69, with an estimated average price of $59.14. The stock is now traded at around $56.99. The impact to a portfolio due to this purchase was 0.15%. The holding were 8,513 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC added to a holding in PowerShares BuyBack Achievers Portfolio by 81.66%. The purchase prices were between $55.77 and $63.28, with an estimated average price of $59.88. The stock is now traded at around $57.60. The impact to a portfolio due to this purchase was 0.14%. The holding were 14,282 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC added to a holding in iShares Global Infrastructure ETF by 21.77%. The purchase prices were between $41.95 and $46.35, with an estimated average price of $44.06. The stock is now traded at around $43.35. The impact to a portfolio due to this purchase was 0.13%. The holding were 43,099 shares as of 2018-03-31.

Capital Advisors, Ltd. LLC sold out a holding in Forest City Realty Trust Inc. The sale prices were between $19.9 and $24.1, with an estimated average price of $22.27.

Capital Advisors, Ltd. LLC sold out a holding in Rmr Real Estate Income Fund. The sale prices were between $15.95 and $19.18, with an estimated average price of $17.2.

Capital Advisors, Ltd. LLC sold out a holding in Watsco Inc. The sale prices were between $164.25 and $182.14, with an estimated average price of $173.34.

Capital Advisors, Ltd. LLC sold out a holding in Nuveen AMT-Free Municipal Credit Income Fund. The sale prices were between $14.32 and $15.65, with an estimated average price of $14.72.

Capital Advisors, Ltd. LLC sold out a holding in iShares MSCI Canada Index Fund. The sale prices were between $27.08 and $30.42, with an estimated average price of $28.67.

Capital Advisors, Ltd. LLC sold out a holding in First Republic Bank. The sale prices were between $84.96 and $98.78, with an estimated average price of $92.18.