Advisory Alpha

Advisory Alpha as of Dec. 31, 2015

Portfolio Holdings for Advisory Alpha

Advisory Alpha holds 52 positions in its portfolio as reported in the December 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares S&P 500 Index (IVV) 14.7 $24M 116k 204.86
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 8.8 $14M 170k 84.07
Vanguard Small-Cap ETF (VB) 8.3 $14M 122k 110.64
Vanguard Mid-Cap ETF (VO) 8.3 $13M 112k 120.10
Vanguard FTSE All Wld Ex USSml Cap (VSS) 6.3 $10M 110k 92.87
Vanguard Europe Pacific ETF (VEA) 6.2 $10M 273k 36.72
iShares S&P US Pref Stock Idx Fnd (PFF) 5.8 $9.3M 241k 38.82
Vanguard Mortgage Bkd Sects ETF (VMBS) 5.0 $8.2M 155k 52.71
SPDR Barclays Capital Convertible SecETF (CWB) 4.5 $7.4M 170k 43.26
Spdr Short-term High Yield mf (SJNK) 3.7 $5.9M 231k 25.67
SPDR Dow Jones Global Real Estate (RWO) 3.4 $5.4M 116k 46.78
iShares Barclays TIPS Bond Fund (TIP) 2.5 $4.1M 38k 109.64
Vanguard Emerging Markets ETF (VWO) 2.5 $4.0M 123k 32.71
iShares Lehman 1-3 Year Treas.Bond (SHY) 2.4 $3.8M 45k 84.37
PowerShares 1-30 Laddered Treasury 2.1 $3.3M 122k 27.27
SPDR Barclays Capital High Yield B 1.7 $2.8M 83k 33.90
Jp Morgan Alerian Mlp Index (AMJ) 1.6 $2.6M 91k 28.94
SPDR DB Int'l Govt Infl Pro Bond (WIP) 1.6 $2.5M 50k 50.33
SPDR Barclays Capital Intl Tresy Bd ETF (BWX) 1.5 $2.5M 48k 51.61
Powershares Etf Trust Ii intl corp bond 1.3 $2.2M 86k 25.20
Vanguard Short Term Corporate Bond ETF (VCSH) 1.0 $1.6M 21k 79.00
Etfs Precious Metals Basket phys pm bskt 0.7 $1.1M 22k 52.27
SPDR Gold Trust (GLD) 0.5 $745k 7.3k 101.51
SPDR S&P Dividend (SDY) 0.5 $740k 10k 73.41
WisdomTree Emerging Markets Eq (DEM) 0.4 $683k 22k 31.40
iShares Dow Jones EPAC Sel Div Ind (IDV) 0.4 $620k 22k 28.46
PowerShares Build America Bond Portfolio 0.3 $506k 18k 28.97
iShares FTSE NAREIT Mort. Plus Capp 0.3 $508k 53k 9.56
Vanguard Information Technology ETF (VGT) 0.3 $438k 4.0k 108.36
Vanguard Utilities ETF (VPU) 0.3 $431k 4.6k 93.84
Vanguard Health Care ETF (VHT) 0.2 $370k 2.8k 133.00
Vanguard Consumer Staples ETF (VDC) 0.2 $379k 2.9k 129.00
Vanguard Industrials ETF (VIS) 0.2 $378k 3.7k 101.04
Vanguard Financials ETF (VFH) 0.2 $357k 7.4k 48.45
Market Vectors Etf Tr emkt hiyld bd 0.2 $362k 16k 22.09
Vanguard Consumer Discretionary ETF (VCR) 0.2 $345k 2.8k 122.56
Vanguard Materials ETF (VAW) 0.2 $317k 3.4k 94.23
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.2 $310k 6.3k 49.50
WisdomTree SmallCap Dividend Fund (DES) 0.2 $307k 4.8k 64.51
Vanguard Long Term Corporate Bond ETF (VCLT) 0.2 $315k 3.7k 84.25
Vanguard Energy ETF (VDE) 0.2 $271k 3.3k 83.26
WisdomTree MidCap Dividend Fund (DON) 0.2 $278k 3.5k 79.89
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.1 $240k 2.0k 122.57
iShares Barclays 10-20 Yr Tresry Bd (TLH) 0.1 $206k 1.5k 133.07
iShares Silver Trust (SLV) 0.1 $158k 12k 13.20
PIMCO 1-5 Year US TIPS Index Fund (STPZ) 0.1 $132k 2.6k 51.18
SPDR Barclays Capital Short Term Int ETF (BWZ) 0.1 $98k 3.3k 29.86
Powershares Etf Tr Ii var rate pfd por 0.1 $92k 3.8k 24.28
iShares MSCI EAFE Value Index (EFV) 0.1 $88k 1.9k 46.66
Vanguard Intl Equity Index F glb ex us etf (VNQI) 0.1 $89k 1.7k 51.06
iShares Lehman MBS Bond Fund (MBB) 0.0 $9.0k 87.00 103.45
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.0 $5.0k 42.00 119.05