Managed Account Services Inc Buys SPDR Portfolio Short Term Corporate Bond, iShares Short-Term National Muni Bond, PIMCO Enhanced Short Maturity Active Exchange-Trad, Sells Bank of America Corporation, Schwab US Aggregate Bond

• New Purchases: MINT, DBEF, AGG, BIL, CSCO, BKK, SHY, USMV,
• Added Positions: SPSB, SUB, USRT, SPDW, SLYV, VCSH, SCHH, SPEM, SPSM, SCHF, SCHX, UPS, SHM, SPYG, IJS, SCHB, RWX, SCHA, SPAB, VNQI, DLS, SCHO, BSV, IEFA, VZ,
• Reduced Positions: VNQ, IVV, VEA, VBR, IWD, SCHZ, VTV, SCZ, EFA, VSS, VWO, MUB, IWF, IJR, VTI, VB, TXMD, AAPL, RWR,
• Sold Out: BAC,

For the details of MANAGED ACCOUNT SERVICES INC's stock buys and sells, go to https://www.gurufocus.com/guru/managed+account+services+inc/current-portfolio/portfolio

1. iShares Core S&P 500 (IVV) - 54,755 shares, 9.31% of the total portfolio. Shares reduced by 2.61%
2. Vanguard Real Estate (VNQ) - 124,553 shares, 6.35% of the total portfolio. Shares reduced by 8.87%
3. Vanguard FTSE Developed Markets (VEA) - 227,690 shares, 5.56% of the total portfolio. Shares reduced by 3.54%
4. iShares MSCI EAFE Small-Cap ETF (SCZ) - 101,470 shares, 3.50% of the total portfolio. Shares reduced by 1.33%
5. SPDR Russell 1000 ETF (ELR) - 159,349 shares, 3.17% of the total portfolio. Shares added by 14.52%

Managed Account Services Inc initiated holding in PIMCO Enhanced Short Maturity Active Exchange-Trad. The purchase prices were between $100.95 and $101.56, with an estimated average price of $101.29. The stock is now traded at around $101.55. The impact to a portfolio due to this purchase was 0.27%. The holding were 4,592 shares as of .

Managed Account Services Inc initiated holding in Xtrackers MSCI EAFE Hedged Equity. The purchase prices were between $27.63 and $31.37, with an estimated average price of $30.04. The stock is now traded at around $32.23. The impact to a portfolio due to this purchase was 0.14%. The holding were 7,634 shares as of .

Managed Account Services Inc initiated holding in iShares Core U.S. Aggregate Bond. The purchase prices were between $106.35 and $109.08, with an estimated average price of $107.2. The stock is now traded at around $108.19. The impact to a portfolio due to this purchase was 0.14%. The holding were 2,211 shares as of .

Managed Account Services Inc initiated holding in SPDR Bloomberg Barclays 1-3 Month T-Bill. The purchase prices were between $91.44 and $91.62, with an estimated average price of $91.53. The stock is now traded at around $91.55. The impact to a portfolio due to this purchase was 0.14%. The holding were 2,689 shares as of .

Managed Account Services Inc initiated holding in Cisco Systems Inc. The purchase prices were between $41.07 and $53.99, with an estimated average price of $48.46. The stock is now traded at around $56.40. The impact to a portfolio due to this purchase was 0.13%. The holding were 4,000 shares as of .

Managed Account Services Inc initiated holding in Blackrock Municipal 2020 Term Trust. The purchase prices were between $14.83 and $15.1, with an estimated average price of $14.96. The stock is now traded at around $15.02. The impact to a portfolio due to this purchase was 0.12%. The holding were 13,512 shares as of .

Managed Account Services Inc added to a holding in SPDR Portfolio Short Term Corporate Bond by 31.95%. The purchase prices were between $30.12 and $30.57, with an estimated average price of $30.34. The stock is now traded at around $30.47. The impact to a portfolio due to this purchase was 0.54%. The holding were 124,459 shares as of .

Managed Account Services Inc added to a holding in iShares Short-Term National Muni Bond by 162.28%. The purchase prices were between $105.27 and $106.06, with an estimated average price of $105.59. The stock is now traded at around $105.80. The impact to a portfolio due to this purchase was 0.28%. The holding were 7,302 shares as of .

Managed Account Services Inc sold out a holding in Bank of America Corporation. The sale prices were between $24.56 and $29.82, with an estimated average price of $28.23.