QS Investors, LLC Buys Legg Mason Low Volatility High Dividend ETF, iShares Russell 1000 ETF, Vanguard FTSE All-World ex-US ETF, Sells Primo Water Corp, ISHARES TRUST, Vanguard Total International Bond ETF

• New Purchases: LVHD, LVHI, VIG, WBND, XLG, SPHQ, NLY, TTD, SQLV, ALLE, HOG, DOC, RBC, BKH, JAZZ, THC, ASIX, AVAV, AKBA, APA, ATRA, AVY, BWA, CARS, GIB, ECOM, CPLG, DOMO, EMKR, ESGR, XOG, EXTR, GCI, THRM, GDYN, HNGR, HSII, HMST, ICUI, ITRM, NOMD, OGN, PENN, PBI, SE, TENB, TITN, TVTY, VRNS, VSTM, VIRX, VTGN, WVE, ZUO, ACHV, AEM, AKAM, ARAV, BRBR, BX, BRX, CALA, CLRB, CELH, CGAU, CINF, CWCO, CLR, CTMX, DOCU, UUUU, EPR, MRAM, FRGI, INBK, RAIL, GRTS, HTBI, FIXX, IBRX, INFU, J, LSCC, LINC, MTCH, MBT, NDAQ, NYT, NOK, OOMA, PANW, POOL, PRAH, PTC, QLGN, RDWR, RGEN, REXR, R, SVRA, SLQT, SIOX, SLDB, TDY, ULTA, WPM,
• Added Positions: IWB, VEU, VXUS, CL, MCD, PM, CSCO, SO, VBK, LMT, EXC, VOO, ACN, ETR, FAST, KEY, SJM, EVRG, XOM, EFAV, USMV, WMT, WTM, FDX, INTC, IP, PCAR, VBR, VST, GS, ANTM, BNS, CMG, EMR, GEO, BIO, BAC, HCA, K, MGP, NEM, NUS, PFE, BWX, VRTX, ALLY, HYLB, FTS, IRM, EL, CACG, NKE, POR, AOS, TSN, VCIT, YNDX, ADC, BABA, T, BEPC, CAI, CARG, CLX, CAG, F, GIS, HE, HUN, IDXX, ACWV, AAXJ, JNJ, JPM, BEKE, KDP, LOGI, MED, MRK, NWE, ORTX, PEP, PRU, O, SCSC, SPPI, TSLA, VWO, ABMD, AMD, A, APD, ALB, ALGN, AMCR, AEE, AIG, AWK, APVO, AVTR, BIDU, BK, BDX, BRY, BBY, BGFV, BLK, BXC, BA, BKNG, BG, CNQ, CP, CARE, CRL, CHKP, CB, CIEN, C, CFG, CMS, CNHI, CTVA, BAP, CSX, DHI, DHR, DB, DXCM, DIS, DEA, ECL, EW, ENB, EFX, ES, RACE, FITB, FISI, QDF, FCPT, FOXA, IT, GNRC, GTY, GIL, GLYC, GWW, HALO, HPE, HON, HRL, HBAN, IFF, IQV, EMB, JD, JLL, KSU, LHX, LEN, LXP, LNC, LIN, RAMP, LPX, MAN, MMC, MLM, MAS, MKC, MET, MTD, MRNA, TAP, MS, MSCI, NTCT, NIO, NTRS, DNOW, ODFL, OTIS, PNTG, PBCT, PCG, PDD, BPOP, TROW, PFG, PFS, QRVO, RYAM, RTX, REGN, RF, RMD, RHI, ROKU, ROP, RUSHA, SAFM, SRE, NOW, SFL, SHOP, WIP, STT, STE, STC, SXC, SPWR, SIVB, SYF, TTWO, TER, TEX, TMO, TCOM, TRUE, TFC, URI, UHS, UNM, USB, MGV, VEEV, VRSK, WEC, WFC, WRK, WLTW, YELP,
• Reduced Positions: BND, BNDX, SPHD, AGG, ABBV, AMGN, KMB, CWB, JNK, UPS, EFA, HD, AAPL, TIP, OMC, SPY, CIT, DTE, HIG, IPG, JNPR, JBL, LSI, PEG, SCHX, UFS, EBAY, EAF, AMZN, ADM, INGR, NVDA, ADS, MO, CAH, CUBE, PKG, PSA, AES, DECK, FTNT, HUM, MSFT, MNST, PYPL, PPL, VB, CHD, DVN, DG, HAE, HDV, LLY, MA, MTG, NFLX, PNW, INTU, TLT, LRCX, MGA, PAYX, STX, SGEN, TGT, DOX, ABC, AMAT, TEAM, BMY, CPB, CTAS, CTXS, ED, STZ, CVS, EXPO, EXR, FHB, FLO, GLPI, GD, GILD, HPQ, LYB, MPW, MCY, NRG, NTR, OTEX, ORCL, QCOM, RY, STOR, TSCO, UNH, VEA, WBA, WST, XLNX, YUMC, ACRS, ATVI, AA, ALE, ALL, GOOG, AEP, AMT, AMP, AGX, APAM, ASB, ATRO, AVT, AXS, GOLD, BJ, HRB, SAM, AVGO, CSL, CHE, CVX, KO, CCOI, CXW, DHT, DUK, ETN, ENSG, EOG, EVR, EXPD, FNB, FB, FHN, FLY, HRI, HSY, ILPT, INMD, IBM, KBH, KR, KT, MX, MXIM, MCK, MDT, MAA, MOH, MDLZ, MSI, MYRG, NNN, NTAP, NYCB, NAT, NOC, OKE, OMI, PZZA, SAFT, SANM, SPTN, SPSC, STAA, SMP, STLD, SCS, TXN, TRV, VGR, VER, VIPS, VSH, WNC, WERN, ATGE, AFL, ARE, ALXN, AQN, ALNY, AME, AM, AIRC, ANET, ADSK, AZO, AVB, TBBK, BAX, BCE, TECH, BXP, BAM, BF.B, COG, CPT, CM, CNI, COF, CARR, CBRE, CDW, CPF, CERN, CHX, LNG, CMRX, CI, XEC, CCEP, CNS, CMCSA, CMA, COP, COO, GLW, COST, CRTO, CRWD, CCI, CYBR, DRI, DE, DAL, DKS, DBD, DLR, DIN, D, DD, EMN, EIX, EA, ETRN, ELS, EQR, ESNT, ESS, ETSY, RE, EXPE, FIS, FAF, THFF, FE, FFIC, FOR, FTV, GPN, GT, HAL, HTA, PEAK, HES, HLT, HFC, HST, IDA, ITW, XENT, ISRG, ISBC, IJH, IWD, JCI, JNCE, KEYS, KFRC, KRC, KMI, KGC, KOS, KHC, LCII, LTC, MDC, MANH, MFC, MRO, MPC, MMS, MGRC, MCHP, MSBI, MODV, NHI, NEOG, NTES, NBIX, NI, NSC, NLOK, NVAX, NUE, NXPI, OXY, OGE, OHI, OSTK, OVV, PRK, PATK, PDCE, PEBO, PKI, PSX, PDM, PXD, PNC, PRIM, PGR, PLD, PHM, DGX, RRC, RAPT, RLGY, RCII, RSG, RFP, QSR, ROK, RCI, RUTH, SPGI, SBRA, CRM, JBSS, SBAC, SLB, SJR, SHEN, SPG, SWX, SBUX, SNPS, TRGP, TRP, TDS, TU, TGH, TWI, TD, TDG, TA, TWTR, UDR, UNFI, VFC, VLO, VTR, VIAC, VICI, V, VNO, WM, WELL, WSBC, WFG, WY, WMB, WGO, WIX, WPC, ZLAB, Z, ZTO, ZUMZ,
• Sold Out: PRMW, IEF, SJNK, WU, BKLN, BLV, DIV, MAC, WORK, MBB, RWX, EMLC, SHY, KSS, FPRX, ACAD, GE, MSM, EGOV, NWL, WDR, WSO, CSIQ, EIG, GLUU, EDV, IEI, RPV, AMSF, ALX, AFG, ANAT, HCKT, APOG, AIZ, BPFH, CHRW, CSGS, CAMT, CTBI, CTB, CORE, DPZ, EBF, ETH, FCFS, THG, HVT, HEP, HMN, IMKTA, IDCC, JW.A, JOUT, GOGL, LZB, SR, LMNX, MANT, NBTB, NHC, PSB, PETS, PRGS, RLI, RS, RGP, RAD, SXT, SCI, SLGN, SLP, STRA, TTEC, VAR, WDFC, WASH, WSBF, AUY, SPB, EHTH, BGS, LRN, EURN, HOLI, HCI, PRI, PLOW, GNMK, CBOE, BAH, MPLX, BCC, KNOP, SFM, SAIC, PAHC, WLKP, HMLP, ADAP, MYOV, ADES, AMSWA, AIT, WTRG, ACGL, BKE, CBRL, CRI, CHCO, FIX, CCK, RDY, ENDP, FDP, GPI, HR, EHC, TILE, KRNY, KELYA, LVS, TELL, MKL, MKTX, MATW, MOV, NWBI, PCTI, RWT, RNR, SCHN, RGR, SLF, SU, CMPR, INT, BF.A, DEI, CPRX, GLP, TNK, EBSB, CDG0, FLDM, HPP, TAL, ACRE, RMAX, MGNX, NVRO, LBRDK, HLI, PEN, PK, KREF, JBGS, SAIL, GNPX, FOX, ALC, UBER, PTON, BNL, HYLN, CGW, FM, GNR, HYEM, IGF, PFF, PSP, SCHD, VOE, WOOD,

For the details of QS Investors, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/qs+investors%2C+llc/current-portfolio/portfolio

1. VANGUARD BD IDX FD (BND) - 9,509,887 shares, 9.65% of the total portfolio. Shares reduced by 15.64%
2. iShares Core S&P 500 ETF (IVV) - 1,783,416 shares, 9.06% of the total portfolio. Shares reduced by 0.15%
3. iShares Russell 1000 ETF (IWB) - 3,116,360 shares, 8.91% of the total portfolio. Shares added by 25.34%
4. iShares Core U.S. Aggregate Bond ETF (AGG) - 3,445,364 shares, 4.69% of the total portfolio. Shares reduced by 5.6%
5. Vanguard FTSE All-World ex-US ETF (VEU) - 4,834,458 shares, 3.62% of the total portfolio. Shares added by 26.12%

QS Investors, LLC initiated holding in Legg Mason Low Volatility High Dividend ETF. The purchase prices were between $34.49 and $37.13, with an estimated average price of $36.11. The stock is now traded at around $38.150000. The impact to a portfolio due to this purchase was 2.3%. The holding were 5,340,135 shares as of 2021-06-30.

QS Investors, LLC initiated holding in Legg Mason International Low Volatility High Divid. The purchase prices were between $24.89 and $26.24, with an estimated average price of $25.46. The stock is now traded at around $26.899000. The impact to a portfolio due to this purchase was 0.35%. The holding were 1,137,038 shares as of 2021-06-30.

QS Investors, LLC initiated holding in Vanguard Dividend Appreciation FTF. The purchase prices were between $146.42 and $155.96, with an estimated average price of $152.78. The stock is now traded at around $163.160000. The impact to a portfolio due to this purchase was 0.17%. The holding were 92,373 shares as of 2021-06-30.

QS Investors, LLC initiated holding in Western Asset Total Return ETF. The purchase prices were between $26.29 and $27.23, with an estimated average price of $26.82. The stock is now traded at around $27.275000. The impact to a portfolio due to this purchase was 0.14%. The holding were 441,476 shares as of 2021-06-30.

QS Investors, LLC initiated holding in Invesco S&P 500 Top 50 ETF. The purchase prices were between $295.63 and $325.38, with an estimated average price of $312.46. The stock is now traded at around $342.310000. The impact to a portfolio due to this purchase was 0.12%. The holding were 30,069 shares as of 2021-06-30.

QS Investors, LLC initiated holding in Invesco S&P 500 Quality ETF. The purchase prices were between $44.19 and $48.6, with an estimated average price of $46.34. The stock is now traded at around $51.100000. The impact to a portfolio due to this purchase was 0.07%. The holding were 117,403 shares as of 2021-06-30.

QS Investors, LLC added to a holding in iShares Russell 1000 ETF by 25.34%. The purchase prices were between $223.32 and $242.11, with an estimated average price of $235.02. The stock is now traded at around $251.380000. The impact to a portfolio due to this purchase was 1.8%. The holding were 3,116,360 shares as of 2021-06-30.

QS Investors, LLC added to a holding in Vanguard FTSE All-World ex-US ETF by 26.12%. The purchase prices were between $60.19 and $64.76, with an estimated average price of $62.78. The stock is now traded at around $63.220000. The impact to a portfolio due to this purchase was 0.75%. The holding were 4,834,458 shares as of 2021-06-30.

QS Investors, LLC added to a holding in Vanguard Total International Stock by 28.27%. The purchase prices were between $62.21 and $66.97, with an estimated average price of $64.98. The stock is now traded at around $65.550000. The impact to a portfolio due to this purchase was 0.26%. The holding were 1,520,333 shares as of 2021-06-30.

QS Investors, LLC added to a holding in McDonald's Corp by 392.34%. The purchase prices were between $224.14 and $237.11, with an estimated average price of $232.48. The stock is now traded at around $240.970000. The impact to a portfolio due to this purchase was 0.22%. The holding were 100,752 shares as of 2021-06-30.

QS Investors, LLC added to a holding in Colgate-Palmolive Co by 361.47%. The purchase prices were between $78.55 and $84.59, with an estimated average price of $81.7. The stock is now traded at around $79.780000. The impact to a portfolio due to this purchase was 0.22%. The holding were 287,567 shares as of 2021-06-30.

QS Investors, LLC added to a holding in Philip Morris International Inc by 115.15%. The purchase prices were between $88.06 and $100.5, with an estimated average price of $95.73. The stock is now traded at around $102.390000. The impact to a portfolio due to this purchase was 0.21%. The holding were 341,751 shares as of 2021-06-30.

QS Investors, LLC sold out a holding in Primo Water Corp. The sale prices were between $16.01 and $17.69, with an estimated average price of $16.9.

QS Investors, LLC sold out a holding in ISHARES TRUST. The sale prices were between $112.56 and $115.63, with an estimated average price of $114.19.

QS Investors, LLC sold out a holding in SPDR Bloomberg Barclays Short Term High Yield Bond. The sale prices were between $26.88 and $27.4, with an estimated average price of $27.12.

QS Investors, LLC sold out a holding in The Western Union Co. The sale prices were between $22.91 and $26.39, with an estimated average price of $24.89.

QS Investors, LLC sold out a holding in Invesco Senior Loan ETF. The sale prices were between $21.91 and $22.15, with an estimated average price of $22.04.

QS Investors, LLC sold out a holding in Vanguard Long-Term Bond ETF. The sale prices were between $96.64 and $103.19, with an estimated average price of $99.21.