Horan Securities, Inc. Buys iShares Core S&P 500, US Bancorp, Southern Co, Sells Vanguard Global ex-U.S. Real Estate ETF, iShares Intermediate Credit Bond ETF, Invesco Senior Loan

• New Purchases: GSG, DJP, TRXC, CUK, CTXS, JPIN, VYM, MU, NVS, VBR,
• Added Positions: IVV, USB, VWO, VTIP, VO, AGG, IWD, IDV, BSV, VEU,
• Reduced Positions: VNQI, CIU, VNQ, IVE, IVW, IEMG, SCZ, IWF, MBB, IWR,
• Sold Out: BKLN, JKE, PFG, PRF, PRFZ, PXE, PXH, SYF, TRTN, TXN,

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

1. iShares Russell 1000 Value (IWD) - 88,197 shares, 11.17% of the total portfolio. Shares added by 2.69%
2. iShares International Select Dividend (IDV) - 266,698 shares, 8.93% of the total portfolio. Shares added by 3.39%
3. iShares Russell 1000 Growth (IWF) - 56,128 shares, 8.64% of the total portfolio. Shares reduced by 5.41%
4. Vanguard FTSE All World Ex US (VEU) - 137,774 shares, 7.43% of the total portfolio. Shares added by 1.94%
5. Vanguard Mid-Cap (VO) - 36,256 shares, 6.03% of the total portfolio. Shares added by 6.72%

Horan Securities, Inc. initiated holding in iShares GSCI Commodity-Indexed Trust Fund. The purchase prices were between $16.3 and $18.18, with an estimated average price of $17.42. The stock is now traded at around $17.13. The impact to a portfolio due to this purchase was 0.04%. The holding were 2,300 shares as of 2018-06-30.

Horan Securities, Inc. initiated holding in iPath Bloomberg Commodity Index Total Return ETN. The purchase prices were between $23.99 and $25.68, with an estimated average price of $24.91. The stock is now traded at around $23.25. The impact to a portfolio due to this purchase was 0.04%. The holding were 1,700 shares as of 2018-06-30.

Horan Securities, Inc. initiated holding in TransEnterix Inc. The purchase prices were between $1.68 and $5.84, with an estimated average price of $2.79. The stock is now traded at around $5.17. The impact to a portfolio due to this purchase was 0.03%. The holding were 6,800 shares as of 2018-06-30.

Horan Securities, Inc. initiated holding in Carnival PLC. The purchase prices were between $57.65 and $67.19, with an estimated average price of $64.38. The stock is now traded at around $58.15. The impact to a portfolio due to this purchase was 0.03%. The holding were 572 shares as of 2018-06-30.

Horan Securities, Inc. initiated holding in Citrix Systems Inc. The purchase prices were between $91.33 and $109.22, with an estimated average price of $102.88. The stock is now traded at around $107.62. The impact to a portfolio due to this purchase was 0.02%. The holding were 150 shares as of 2018-06-30.

Horan Securities, Inc. initiated holding in Vanguard Extended Market. The purchase prices were between $108.94 and $122.15, with an estimated average price of $116.02. The stock is now traded at around $121.15. The impact to a portfolio due to this purchase was 0.01%. The holding were 42 shares as of 2018-06-30.

Horan Securities, Inc. added to a holding in iShares Core S&P 500 by 131610.00%. The purchase prices were between $259.21 and $280.89, with an estimated average price of $272.07. The stock is now traded at around $281.48. The impact to a portfolio due to this purchase was 3.82%. The holding were 13,171 shares as of 2018-06-30.

Horan Securities, Inc. added to a holding in US Bancorp by 5625.70%. The purchase prices were between $48.86 and $52.05, with an estimated average price of $50.76. The stock is now traded at around $51.75. The impact to a portfolio due to this purchase was 0.64%. The holding were 12,253 shares as of 2018-06-30.

Horan Securities, Inc. added to a holding in Southern Co by 56.73%. The purchase prices were between $42.73 and $46.6, with an estimated average price of $44.75. The stock is now traded at around $47.50. The impact to a portfolio due to this purchase was 0.04%. The holding were 2,539 shares as of 2018-06-30.

Horan Securities, Inc. added to a holding in Intuitive Surgical Inc by 71.43%. The purchase prices were between $396.55 and $495.52, with an estimated average price of $457.47. The stock is now traded at around $516.80. The impact to a portfolio due to this purchase was 0.03%. The holding were 120 shares as of 2018-06-30.

Horan Securities, Inc. added to a holding in iShares Core S&P Total U.S. Stock Market by 132.63%. The purchase prices were between $59.06 and $64.29, with an estimated average price of $62.14. The stock is now traded at around $64.42. The impact to a portfolio due to this purchase was 0.03%. The holding were 877 shares as of 2018-06-30.

Horan Securities, Inc. added to a holding in Intel Corp by 25.97%. The purchase prices were between $48.76 and $57.08, with an estimated average price of $53.07. The stock is now traded at around $51.65. The impact to a portfolio due to this purchase was 0.02%. The holding were 1,746 shares as of 2018-06-30.

Horan Securities, Inc. sold out a holding in Invesco Senior Loan. The sale prices were between $22.88 and $23.18, with an estimated average price of $23.06.

Horan Securities, Inc. sold out a holding in iShares Morningstar Large-Cap Growth. The sale prices were between $158.84 and $178.93, with an estimated average price of $169.91.

Horan Securities, Inc. sold out a holding in Principal Financial Group Inc. The sale prices were between $52.58 and $61.46, with an estimated average price of $58.14.

Horan Securities, Inc. sold out a holding in Synchrony Financial. The sale prices were between $32.13 and $36.12, with an estimated average price of $34.35.

Horan Securities, Inc. sold out a holding in Invesco FTSE RAFI US 1000. The sale prices were between $107.92 and $116.01, with an estimated average price of $112.71.

Horan Securities, Inc. sold out a holding in Texas Instruments Inc. The sale prices were between $98.09 and $118.11, with an estimated average price of $108.15.