Longer Investments Inc. Buys iShares Russell 2000, SPDR Bloomberg Barclays Convertible Securities, Alerian MLP, Sells SPDR S&P 500, Vanguard Total Bond Market ETF, CVS Health Corp

• New Purchases: IWM, CWB, AMLP, IDV, AVGO, ATVI, PCAR, CCL,
• Added Positions: DVY, PFF, INTC, IBM,
• Reduced Positions: BBN, XLF, PG, LQD, MRK, SLB, AAPL, MSFT, XOM, ABT, CSCO, T, GOOGL,
• Sold Out: SPY, BND, CVS, X,

For the details of Longer Investments Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/longer+investments+inc./current-portfolio/portfolio

1. iShares Russell 2000 (IWM) - 72,255 shares, 13.08% of the total portfolio. New Position
2. iShares Select Dividend ETF (DVY) - 73,280 shares, 8.51% of the total portfolio. Shares added by 6.29%
3. iShares iBoxx $ Investment Grade Corporate Bond (LQD) - 47,975 shares, 6.75% of the total portfolio. Shares reduced by 11.31%
4. iShares Preferred and Income Securities ETF (PFF) - 115,130 shares, 4.97% of the total portfolio. Shares added by 10.46%
5. SPDR Select Sector Fund - Financial (XLF) - 161,160 shares, 4.90% of the total portfolio. Shares reduced by 22.96%

Longer Investments Inc. initiated holding in iShares Russell 2000. The purchase prices were between $132.25 and $158.24, with an estimated average price of $150.07. The stock is now traded at around $155.23. The impact to a portfolio due to this purchase was 13.08%. The holding were 72,255 shares as of .

Longer Investments Inc. initiated holding in SPDR Bloomberg Barclays Convertible Securities. The purchase prices were between $45.94 and $52.83, with an estimated average price of $50.65. The stock is now traded at around $52.90. The impact to a portfolio due to this purchase was 3.07%. The holding were 49,650 shares as of .

Longer Investments Inc. initiated holding in Alerian MLP. The purchase prices were between $8.73 and $10.2, with an estimated average price of $9.79. The stock is now traded at around $10.07. The impact to a portfolio due to this purchase was 2.9%. The holding were 245,005 shares as of .

Longer Investments Inc. initiated holding in iShares International Select Dividend. The purchase prices were between $28.64 and $32.17, with an estimated average price of $30.8. The stock is now traded at around $31.97. The impact to a portfolio due to this purchase was 2.88%. The holding were 79,004 shares as of .

Longer Investments Inc. initiated holding in Broadcom Inc. The purchase prices were between $230.96 and $300.71, with an estimated average price of $270.85. The stock is now traded at around $315.00. The impact to a portfolio due to this purchase was 2.59%. The holding were 7,285 shares as of .

Longer Investments Inc. initiated holding in Activision Blizzard Inc. The purchase prices were between $40.11 and $51.35, with an estimated average price of $45.26. The stock is now traded at around $45.34. The impact to a portfolio due to this purchase was 2.46%. The holding were 45,715 shares as of .

Longer Investments Inc. sold out a holding in SPDR S&P 500. The sale prices were between $244.21 and $284.73, with an estimated average price of $271.34.

Longer Investments Inc. sold out a holding in Vanguard Total Bond Market ETF. The sale prices were between $79.15 and $81.24, with an estimated average price of $79.84.

Longer Investments Inc. sold out a holding in CVS Health Corp. The sale prices were between $52.36 and $69.88, with an estimated average price of $61.96.

Longer Investments Inc. sold out a holding in United States Steel Corp. The sale prices were between $18.24 and $24.12, with an estimated average price of $21.25.