Golden State Wealth Management, LLC Buys First Trust Value Line Dividend Index Fund, First Trust Enhanced Short Maturity ETF, Duff & Phelps Global Utility Income, Sells Vanguard S&P 500 ETF, iShares International Aggregate Bond Fund, iShares Edge MSCI Min

• New Purchases: VPV, AWF, RVT, ZUO, INB, SAN, FTC, DNI, VGIT, RQI, TLT, CTVA, BST, ANET, CPRX, LULU, WBA, AAXN, LW, MYL, JPST, FCAU, MOS, RH, SCHH, SCHC, PRTA, QTEC, SBGL, NXTD, QCLN, IXUS, YTRA, GCVRZ, ALC, ETRN, OGI, PRSP, GOOS, FIT, ADNT, AFL, ALXN, APC, BCS, GOLD, CAH, CRS, CHS, FTR, ECA, EQT, IAC, JCP, SJM, TIVO, MAGS, NOK, SHOO, RIG, S, IGC, BIF, FCO, RNP, ETV, TMUS, CXO, FTNW, P13A,
• Added Positions: FVD, FTSM, DPG, DSL, QQQ, AGG, XOM, BIL, IVV, FTCS, FAX, BA, NRZ, DON, FPX, BX, V, OHI, GOOGL, EES, HYG, ABR, HASI, CMF, LMBS, AXP, LVS, NVDA, XLF, M, FDT, SDY, BND, VMBS, CAT, COP, DLR, AVGO, SQ, EEM, LQD, SPAB, MMM, CSX, CVS, CVX, CLX, FDX, IR, MSFT, NBIX, CRM, TGT, HBI, BGY, ALLE, TTD, DBEF, FDL, SPIB, ACN, AMD, CX, COST, FFIV, GE, GS, ITW, INTC, MKC, MCD, MRK, SLB, SBUX, TXN, TMO, USB, UNP, DIS, BFZ, UTF, VMW, AWK, TSLA, PCI, LAND, FSK, MSG, PK, ROKU, LYFT, BIV, BLV, DSI, EBND, FYX, MCHI, PULS, SJNK, VB, VTI, VWO, XLC, BIIB, BXMT, CCL, CNC, SCHW, CL, CREE, CCI, EMN, FAST, GD, GIS, IONS, LM, NWL, PG, SIVB, SRE, SWKS, SO, UAA, UPS, VOD, WAB, WMT, WLTW, WYNN, XLNX, HQH, JPS, PZC, UTG, ETW, ZN, LPLA, INF, ARDC, ABBV, MNK, AAL, LADR, GOOG, BABA, ACB, THQ, MOMO, NEWR, APHA, KHC, THW, HPE, UA, BHF, DVYE, EFG, EFV, GWX, HYLB, IDV, KWEB, PCEF, SDIV, SOXX, SPSB, TIP, VBR, VEA, VOE, XLRE,
• Reduced Positions: VOO, SPY, IAGG, USMV, VDC, ITOT, VYM, FB, MTUM, DDF, SCHP, JPM, RTN, BSV, IFGL, LMT, EFA, FPE, GLD, HON, EMB, HYLS, VHT, NIO, IJR, QCOM, JD, IJH, SCHF, SCHG, VIG, XLV, MU, PRU, CG, PYPL, MDY, SCHE, XLY, AAPL, CLF, DD, NOC, UNH, VMC, FRA, OAS, TWTR, MCRN, DWLD, IWP, IYW, XLE, XLP, BAC, BLK, CELG, ORCL, AGN, EBAY, PANW, DOCU, AOR, FEM, MUB, SPHD, T, ABT, ADBE, ALGN, AMAT, BRK.B, BSX, BPL, CSCO, DUK, FLIR, GVA, HD, IP, MRO, NFLX, ORLY, OXY, PKG, PKI, O, SMG, STI, TROW, UNT, URI, WM, WFC, WLL, ASG, USA, CHY, JFR, DAL, BIT, AAOI, AMC, GRUB, ZEN, SYF, ZS, AMLP, DLN, DTN, DXJ, FEX, FTSL, FXO, HDV, HEDJ, IEFA, IEMG, JNK, PGX, SCHA, SCHM, SMH, SRLN, VO, VWOB, AAP, MO, HES, AMGN, ADSK, BMY, COF, CTL, CI, C, KO, DEO, D, ETFC, EW, ENB, EPD, EXPE, NEE, GILD, GSK, GCBC, HSBC, HAL, HCP, WELL, HPT, HUN, IBKC, JBLU, KMB, LRCX, LEG, LOW, MNKD, NGG, ES, NVS, PPG, PPL, PH, PFE, RAD, RDS.A, SNY, SWK, SU, SYY, TJX, TOT, TSCO, UBS, UL, UTX, VFC, WDC, WMB, RDS.B, EOI, SFLY, QQQX, PM, DG, CHTR, KKR, HEAR, KMI, HCA, AMCX, PSX, WDAY, HDS, NBEV, Z, DOW, ARKG, BNDX, DGRW, DVY, DWX, EWC, EWJ, FXL, IAU, IBB, ITM, IWR, IYH, MINT, RWO, SCHO, SCZ, SPDW, SPEM, SUSC, VBK, VFH, VGK, VOX, VTEB, VTIP, VTV, XLI, XMLV, XSLV,
• Sold Out: BIDU, HDGE, GAM, GDV, AKP, FIZZ, RES, CMP, DTD, INDA, NTNX, BATRA, INST, OKTA, NVCR, PE, BCC, ICPT, GWRE, BEP, SSTI, CAPE, XLB, CY, CRUS, CF, BBY, ICUI, HAFC, HLF, DE, FDC, BTI, BDX, YCBD, BV, BCE, CWB, DIV, BBT, EWG, EWL, FM, FNDA, AJG, ARRS, IXP, SCHD, VOT, IEP, KELYA, LH, MPW, MYGN, IPG, OMC, SMSI, WEN, VTR, WSO, WW, HIW, JAZZ, BKCC, HWC, VET, ENT, GPC, BEN, DISCA, CTRL, HLT, MBUU,

For the details of Golden State Wealth Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/golden+state+wealth+management%2C+llc/current-portfolio/portfolioportfolio

1. iShares Core U.S. Aggregate Bond ETF (AGG) - 261,556 shares, 10.54% of the total portfolio. Shares added by 2.49%
2. iShares Core S&P 500 ETF (IVV) - 42,891 shares, 4.58% of the total portfolio. Shares added by 5.37%
3. SPDR S&P 500 ETF Trust (SPY) - 30,155 shares, 3.20% of the total portfolio. Shares reduced by 12.18%
4. Apple Inc (AAPL) - 39,059 shares, 2.80% of the total portfolio. Shares reduced by 1.16%
5. Amazon.com Inc (AMZN) - 3,613 shares, 2.48% of the total portfolio. Shares reduced by 0.82%

Golden State Wealth Management, LLC initiated holding in Invesco Pennsylvania Value Municipal Income Trust. The purchase prices were between $12.43 and $12.88, with an estimated average price of $12.58. The stock is now traded at around $13.39. The impact to a portfolio due to this purchase was 0.13%. The holding were 28,039 shares as of .

Golden State Wealth Management, LLC initiated holding in Royce Value Trust Inc. The purchase prices were between $13.13 and $14.51, with an estimated average price of $13.89. The stock is now traded at around $13.48. The impact to a portfolio due to this purchase was 0.07%. The holding were 13,505 shares as of .

Golden State Wealth Management, LLC initiated holding in Alliancebernstein Glb High Inc Fund Inc. The purchase prices were between $11.46 and $11.84, with an estimated average price of $11.68. The stock is now traded at around $11.95. The impact to a portfolio due to this purchase was 0.07%. The holding were 17,545 shares as of .

Golden State Wealth Management, LLC initiated holding in Zuora Inc. The purchase prices were between $13.26 and $22.87, with an estimated average price of $18.99. The stock is now traded at around $14.05. The impact to a portfolio due to this purchase was 0.05%. The holding were 9,200 shares as of .

Golden State Wealth Management, LLC initiated holding in First Trust Large Cap Growth AlphaDEX Fund (based . The purchase prices were between $65.23 and $70.9, with an estimated average price of $68.16. The stock is now traded at around $71.09. The impact to a portfolio due to this purchase was 0.05%. The holding were 1,790 shares as of .

Golden State Wealth Management, LLC initiated holding in Cohen & Steers Global Inc Builder, Inc. The purchase prices were between $8.21 and $8.93, with an estimated average price of $8.56. The stock is now traded at around $8.90. The impact to a portfolio due to this purchase was 0.05%. The holding were 15,398 shares as of .

Golden State Wealth Management, LLC added to a holding in First Trust Value Line Dividend Index Fund by 53.83%. The purchase prices were between $32.05 and $34.04, with an estimated average price of $32.98. The stock is now traded at around $33.62. The impact to a portfolio due to this purchase was 0.82%. The holding were 192,426 shares as of .

Golden State Wealth Management, LLC added to a holding in First Trust Enhanced Short Maturity ETF by 52.62%. The purchase prices were between $59.97 and $60.16, with an estimated average price of $60.07. The stock is now traded at around $60.11. The impact to a portfolio due to this purchase was 0.67%. The holding were 88,640 shares as of .

Golden State Wealth Management, LLC added to a holding in Duff & Phelps Global Utility Income by 453.02%. The purchase prices were between $14.72 and $15.86, with an estimated average price of $15.12. The stock is now traded at around $15.31. The impact to a portfolio due to this purchase was 0.54%. The holding were 119,009 shares as of .

Golden State Wealth Management, LLC added to a holding in DoubleLine Income Solutions Fund by 193.15%. The purchase prices were between $19.43 and $20.44, with an estimated average price of $20.16. The stock is now traded at around $20.65. The impact to a portfolio due to this purchase was 0.42%. The holding were 89,013 shares as of .

Golden State Wealth Management, LLC added to a holding in PowerShares QQQ Trust Ser 1 by 25.98%. The purchase prices were between $170.12 and $191.11, with an estimated average price of $184. The stock is now traded at around $186.43. The impact to a portfolio due to this purchase was 0.4%. The holding were 28,947 shares as of .

Golden State Wealth Management, LLC added to a holding in Exxon Mobil Corp by 96.21%. The purchase prices were between $70.77 and $83.38, with an estimated average price of $77.42. The stock is now traded at around $70.88. The impact to a portfolio due to this purchase was 0.23%. The holding were 16,731 shares as of .

Golden State Wealth Management, LLC sold out a holding in Baidu Inc. The sale prices were between $107.78 and $184.77, with an estimated average price of $142.43.

Golden State Wealth Management, LLC sold out a holding in AdvisorShares Ranger Equity Bear ETF. The sale prices were between $6.38 and $6.95, with an estimated average price of $6.6.

Golden State Wealth Management, LLC sold out a holding in Gabelli Dividend & Income Trust. The sale prices were between $20.25 and $22.06, with an estimated average price of $21.39.

Golden State Wealth Management, LLC sold out a holding in General American Investors Company Inc. The sale prices were between $33.22 and $35.51, with an estimated average price of $34.5.

Golden State Wealth Management, LLC sold out a holding in Alliance California Municipal Income Fund Inc. The sale prices were between $14.68 and $14.89, with an estimated average price of $14.8.

Golden State Wealth Management, LLC sold out a holding in Compass Minerals International Inc. The sale prices were between $51.01 and $58.51, with an estimated average price of $55.26.