Advisory Alpha

Advisory Alpha as of Dec. 31, 2016

Portfolio Holdings for Advisory Alpha

Advisory Alpha holds 90 positions in its portfolio as reported in the December 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Europe Pacific ETF (VEA) 7.1 $18M 459k 38.12
Powershares Senior Loan Portfo mf 5.2 $13M 557k 23.30
SPDR Barclays Capital High Yield B 5.0 $12M 332k 36.94
Vanguard Mid-Cap Value ETF (VOE) 4.7 $12M 115k 101.73
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 4.7 $12M 135k 86.00
Vanguard Growth ETF (VUG) 4.6 $11M 96k 118.59
SPDR Barclays Capital Convertible SecETF (CWB) 4.1 $10M 215k 47.54
iShares S&P 500 Index (IVV) 3.9 $9.7M 43k 229.48
Vanguard FTSE All Wld Ex USSml Cap (VSS) 3.9 $9.7M 98k 99.52
Vanguard Emerging Markets ETF (VWO) 3.9 $9.5M 247k 38.63
Vanguard Value ETF (VTV) 3.7 $9.1M 96k 95.30
Powershares Etf Tr Ii var rate pfd por 3.3 $8.2M 324k 25.34
PowerShares Emerging Markets Sovere 3.3 $8.1M 279k 29.02
SPDR Dow Jones Global Real Estate (RWO) 3.2 $7.8M 165k 47.56
iShares S&P SmallCap 600 Index (IJR) 2.8 $6.9M 100k 69.87
Vanguard Mid-Cap Growth ETF (VOT) 2.6 $6.5M 58k 112.20
Vanguard Short Term Corporate Bond ETF (VCSH) 2.4 $6.0M 75k 79.61
Jp Morgan Alerian Mlp Index (AMJ) 2.3 $5.6M 168k 33.48
iShares Gold Trust 2.0 $4.9M 416k 11.81
iShares S&P MidCap 400 Index (IJH) 1.6 $4.0M 23k 172.01
Guggenheim Bulletshares 2020 H mf 1.6 $4.0M 161k 24.63
Claymore Exchange Trd Fd Tr gug bul 2019 hy 1.6 $3.9M 161k 24.41
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 1.3 $3.3M 31k 105.08
Vanguard Intmdte Tm Govt Bd ETF (VGIT) 1.2 $3.1M 48k 64.13
Claymore Exchange Trd Fd Tr 2021 hg yld cb 1.2 $3.1M 123k 24.98
Vanguard Small-Cap ETF (VB) 1.1 $2.7M 21k 127.71
iShares S&P US Pref Stock Idx Fnd (PFF) 1.1 $2.7M 71k 37.89
Vanguard Mid-Cap ETF (VO) 1.0 $2.5M 19k 131.52
Vanguard Mortgage Bkd Sects ETF (VMBS) 0.9 $2.2M 43k 52.45
Claymore Exchange Trd Fd Tr gug bull2018 e 0.9 $2.2M 102k 21.22
SPDR DJ International Real Estate ETF (RWX) 0.8 $2.1M 56k 37.38
Vanguard Information Technology ETF (VGT) 0.8 $2.0M 15k 131.25
PowerShares Build America Bond Portfolio 0.8 $1.9M 63k 29.34
Vanguard Health Care ETF (VHT) 0.7 $1.8M 14k 133.67
Vanguard REIT ETF (VNQ) 0.7 $1.7M 21k 83.83
Spdr Short-term High Yield mf (SJNK) 0.7 $1.7M 61k 27.84
Claymore Exchange Trd Fd Tr gug blt2018 hy 0.7 $1.7M 67k 25.32
Vanguard Long Term Corporate Bond ETF (VCLT) 0.6 $1.4M 16k 89.63
Vanguard Energy ETF (VDE) 0.5 $1.3M 13k 101.49
iShares FTSE NAREIT Mort. Plus Capp 0.5 $1.3M 29k 44.11
Vanguard Financials ETF (VFH) 0.5 $1.2M 20k 61.26
Vanguard Industrials ETF (VIS) 0.5 $1.2M 9.6k 124.39
Vanguard Total Stock Market ETF (VTI) 0.5 $1.2M 9.7k 120.12
iShares MSCI EAFE Value Index (EFV) 0.5 $1.1M 23k 48.96
PIMCO 1-5 Year US TIPS Index Fund (STPZ) 0.5 $1.1M 21k 52.56
Vanguard Consumer Staples ETF (VDC) 0.4 $1.1M 7.7k 138.31
iShares Lehman Aggregate Bond (AGG) 0.4 $1.0M 9.6k 108.26
Vanguard Consumer Discretionary ETF (VCR) 0.4 $1.0M 7.6k 135.05
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.4 $919k 11k 84.54
iShares Barclays TIPS Bond Fund (TIP) 0.3 $833k 7.3k 113.77
Vanguard Materials ETF (VAW) 0.3 $709k 5.9k 119.72
Market Vectors Etf Tr emkt hiyld bd 0.3 $730k 30k 24.17
WisdomTree Emerging Markets Eq (DEM) 0.2 $573k 14k 40.34
SPDR Barclays Capital Intl Tresy Bd ETF (BWX) 0.2 $542k 21k 26.21
Vanguard FTSE All-World ex-US ETF (VEU) 0.2 $515k 11k 46.74
Vanguard Utilities ETF (VPU) 0.2 $393k 3.6k 108.95
Etfs Precious Metals Basket phys pm bskt 0.1 $353k 6.0k 59.04
Ishares Trust Barclays (CMBS) 0.1 $277k 5.4k 51.23
SPDR Gold Trust (GLD) 0.1 $186k 1.5k 121.25
BlackRock Enhanced Capital and Income (CII) 0.1 $189k 13k 14.09
Putnam High Income Securities Fund 0.1 $188k 22k 8.69
Western Asset Global High Income Fnd (EHI) 0.1 $188k 18k 10.24
Cushing Energy Income 0.1 $187k 19k 9.92
Western Ast Clymr Infl Lkd Sc & Incm (WIA) 0.1 $182k 16k 11.42
Delaware Investments Dividend And Income 0.1 $184k 18k 10.20
Kayne Anderson Mdstm Energy 0.1 $182k 11k 16.67
Petroleum & Res Corp Com cef (PEO) 0.1 $181k 9.0k 20.14
PowerShares DB Com Indx Trckng Fund 0.0 $97k 6.2k 15.68
iShares Silver Trust (SLV) 0.0 $65k 3.6k 17.89
Calamos Conv. Opptys. & Income Fund (CHI) 0.0 $65k 5.9k 11.03
Liberty All-Star Equity Fund (USA) 0.0 $84k 15k 5.53
SPDR DB Int'l Govt Infl Pro Bond (WIP) 0.0 $73k 1.3k 54.19
Royce Value Trust (RVT) 0.0 $68k 4.8k 14.27
Gabelli Convertible & Income Securities (GCV) 0.0 $66k 13k 4.94
Nuveen Sht Dur Cr Opp 0.0 $68k 3.8k 17.81
Allianzgi Conv & Income Fd I 0.0 $76k 12k 6.20
Alpine Global Premier Properties Fund 0.0 $56k 10k 5.59
Powershares Etf Trust Ii intl corp bond 0.0 $52k 2.1k 24.92
PIONEER DIV HIGH INCOME TRUS COM Bene Inter (HNW) 0.0 $56k 3.4k 16.37
Calamos Global Total Return Fund (CGO) 0.0 $59k 5.2k 11.43
Allianzgi Nfj Divid Int Prem S cefs 0.0 $55k 4.2k 13.11
Voya Natural Res Eq Inc Fund 0.0 $61k 9.2k 6.65
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $13k 105.00 123.81
SPDR S&P Dividend (SDY) 0.0 $8.0k 89.00 89.89
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.0 $9.0k 180.00 50.00
iShares Dow Jones EPAC Sel Div Ind (IDV) 0.0 $2.0k 72.00 27.78
iShares S&P/Citi Intl Treasury Bond (IGOV) 0.0 $1.0k 10.00 100.00
WisdomTree MidCap Dividend Fund (DON) 0.0 $3.0k 28.00 107.14
Vanguard Intl Equity Index F glb ex us etf (VNQI) 0.0 $2.0k 40.00 50.00
Ishares Core Msci Eafe Etf core msci eafe (IEFA) 0.0 $1.0k 14.00 71.43