PFG Advisors Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	32,750	$9,025	7.0%	$270.54	—	CORE S&P500 ETF	464287200
IJH	ISHARES TR	22,671	$4,170	3.2%	$189.79	—	CORE S&P MCP ETF	464287507
IGIB	ISHARES TR	78,295	$4,107	3.2%	$78.72	—	INTRM TR CRP ETF	464288638
AGG	ISHARES TR	37,679	$3,937	3.1%	$108.34	—	CORE US AGGBD ET	464287226
SPY	SPDR S&P 500 ETF TR	12,298	$3,365	2.6%	$268.03	—	TR UNIT	78462F103
USMV	ISHARES TR	54,980	$3,026	2.3%	$52.84	—	MIN VOL USA ETF	46429B697
FLOT	ISHARES TR	58,265	$2,969	2.3%	$50.90	—	FLTG RATE NT ETF	46429B655
LQD	ISHARES TR	25,108	$2,830	2.2%	$119.63	—	IBOXX INV CP ETF	464287242
IJR	ISHARES TR	35,207	$2,761	2.1%	$77.20	—	CORE S&P SCP ETF	464287804
VEA	VANGUARD TAX MANAGED INTL FD	68,284	$2,725	2.1%	$44.10	—	FTSE DEV MKT ETF	921943858
FVD	FIRST TR VALUE LINE DIVID IN	78,553	$2,405	1.9%	$30.75	—	SHS	33734H106
EMB	ISHARES TR	19,082	$2,011	1.6%	$114.23	—	JPMORGAN USD EMG	464288281
NEAR	ISHARES US ETF TR	37,089	$1,859	1.4%	$50.12	—	SHT MAT BD ETF	46431W507
VUG	VANGUARD INDEX FDS	12,469	$1,859	1.4%	$142.70	—	GROWTH ETF	922908736
SCHD	SCHWAB STRATEGIC TR	35,053	$1,760	1.4%	$49.97	—	US DIVIDEND EQ	808524797
QQQ	INVESCO QQQ TR	10,124	$1,754	1.4%	$172.49	—	UNIT SER 1	46090E103
EFAV	ISHARES TR	25,380	$1,742	1.4%	$71.87	—	MIN VOL EAFE ETF	46429B689
SPLV	INVESCO EXCHNG TRADED FD TR	36,103	$1,728	1.3%	$47.50	—	S&P500 LOW VOL	46138E354
VYM	VANGUARD WHITEHALL FDS INC	20,219	$1,688	1.3%	$85.06	—	HIGH DIV YLD	921946406
IEFA	ISHARES TR	27,791	$1,643	1.3%	$62.89	—	CORE MSCI EAFE	46432F842
IEMG	ISHARES INC	33,684	$1,613	1.3%	$54.63	—	CORE MSCI EMKT	46434G103
FLRN	SPDR SER TR	50,456	$1,552	1.2%	$30.72	—	BLOMBERG BRC INV	78468R200
IVE	ISHARES TR	13,927	$1,535	1.2%	$114.27	—	S&P 500 VAL ETF	464287408
IEF	ISHARES TR	14,519	$1,458	1.1%	$105.58	—	BARCLAYS 7 10 YR	464287440
VCSH	VANGUARD SCOTTSDALE FDS	18,277	$1,422	1.1%	$78.73	—	SHRT TRM CORP BD	92206C409
VTI	VANGUARD INDEX FDS	9,994	$1,399	1.1%	$137.31	—	TOTAL STK MKT	922908769
VOE	VANGUARD INDEX FDS	11,696	$1,239	1.0%	$111.24	—	MCAP VL IDXVIP	922908512
AOM	ISHARES TR	33,877	$1,236	1.0%	$37.95	—	MODERT ALLOC ETF	464289875
IVW	ISHARES TR	7,401	$1,223	0.9%	$152.79	—	S&P 500 GRWT ETF	464287309
VIG	VANGUARD GROUP	11,491	$1,196	0.9%	$101.91	—	DIV APP ETF	921908844
USIG	ISHARES TR	21,144	$1,116	0.9%	$78.61	—	USD INV GRDE ETF	464288620
HEFA	ISHARES TR	35,556	$992	0.8%	$29.69	—	HDG MSCI EAFE	46434V803
SCHX	SCHWAB STRATEGIC TR	14,721	$962	0.7%	$64.36	—	US LRG CAP ETF	808524201
MTUM	ISHARES TR	8,785	$952	0.7%	$107.15	—	USA MOMENTUM FCT	46432F396
VCIT	VANGUARD SCOTTSDALE FDS	11,487	$949	0.7%	$86.88	—	INT-TERM CORP	92206C870
PFF	ISHARES TR	26,245	$948	0.7%	$38.01	—	S&P US PFD STK	464288687
SCHB	SCHWAB STRATEGIC TR	14,177	$933	0.7%	$64.57	—	US BRD MKT ETF	808524102
HON	HONEYWELL INTL INC	6,106	$920	0.7%	$114.97	+5.8%	COM	438516106
IWM	ISHARES TR	6,012	$912	0.7%	$157.97	—	RUSSELL 2000 ETF	464287655
SDOG	ALPS ETF TR	18,531	$814	0.6%	$43.93	—	SECTR DIV DOGS	00162Q858
IYH	ISHARES TR	4,245	$813	0.6%	$174.69	—	US HLTHCARE ETF	464287762
MDY	SPDR S&P MIDCAP 400 ETF TR	2,406	$807	0.6%	$343.37	—	UTSER1 S&PDCRP	78467Y107
FNDX	SCHWAB STRATEGIC TR	21,442	$806	0.6%	$37.07	—	SCHWAB FDT US LG	808524771
TIP	ISHARES TR	7,219	$787	0.6%	$113.94	—	TIPS BD ETF	464287176
VWO	VANGUARD INTL EQUITY INDEX F	20,258	$772	0.6%	$45.02	—	FTSE EMR MKT ETF	922042858
SLYG	SPDR SERIES TRUST	12,723	$763	0.6%	$60.84	—	S&P 600 SMCP GRW	78464A201
VRP	INVESCO EXCHNG TRADED FD TR	31,232	$762	0.6%	$24.85	—	VAR RATE PFD	46138G870
BKLN	INVESCO EXCHNG TRADED FD TR	31,327	$723	0.6%	$22.94	—	SR LN ETF	46138G508
—	ETFS TR	30,213	$722	0.6%	$24.27	—	BBG COMMD K 1	26923J503
STPZ	PIMCO ETF TR	14,032	$717	0.6%	$51.94	—	1-5 US TIP IDX	72201R205
VBR	VANGUARD INDEX FDS	5,548	$708	0.5%	$132.08	—	SM CP VAL ETF	922908611
VNQ	VANGUARD INDEX FDS	9,083	$703	0.5%	$81.89	—	REAL ESTATE ETF	922908553
SPIB	SPDR SERIES TRUST	20,686	$683	0.5%	$33.02	—	PORTFOLIO INTRMD	78464A375
AOK	ISHARES TR	20,521	$682	0.5%	$34.60	—	CONSER ALLOC ETF	464289883
MBB	ISHARES TR	6,573	$673	0.5%	$106.58	—	MBS ETF	464288588
SPLB	SPDR SERIES TRUST	26,525	$673	0.5%	$27.32	—	PORTFOLIO LN COR	78464A367
BND	VANGUARD BD INDEX FD INC	8,639	$673	0.5%	$81.35	—	TOTAL BND MRKT	921937835
VIOO	VANGUARD ADMIRAL FDS INC	4,621	$662	0.5%	$143.64	—	SMLLCP 600 IDX	921932828
VONG	VANGUARD SCOTTSDALE FDS	4,472	$662	0.5%	$143.29	—	VNG RUS1000GRW	92206C680
IVOV	VANGUARD ADMIRAL FDS INC	5,565	$661	0.5%	$121.17	—	MIDCP 400 VAL	921932844
HYS	PIMCO ETF TR	6,588	$654	0.5%	$100.07	—	0-5 HIGH YIELD	72201R783
AAPL	APPLE INC	2,910	$648	0.5%	$40.38	+22.0%	COM	037833100
VOO	VANGUARD INDEX FDS	2,495	$627	0.5%	$245.98	—	S&P 500 ETF SHS	922908363
DGRO	ISHARES TR	17,843	$627	0.5%	$34.69	—	CORE DIV GRWTH	46434V621
QLTA	ISHARES TR	12,562	$625	0.5%	$52.50	—	A RATE CP BD ETF	46429B291
SPYV	SPDR SERIES TRUST	20,931	$620	0.5%	$30.18	—	PRTFLO S&P500 VL	78464A508
VOOG	VANGUARD ADMIRAL FDS INC	4,169	$617	0.5%	$143.97	—	500 GRTH IDX F	921932505
DIA	SPDR DOW JONES INDL AVRG ETF	2,265	$570	0.4%	$251.66	—	UT SER 1	78467X109
CORP	PIMCO ETF TR	5,533	$548	0.4%	$104.46	—	INV GRD CRP BD	72201R817
XMLV	INVESCO EXCHNG TRADED FD TR	11,216	$520	0.4%	$47.03	—	S&P MIDCP LOW	46138E198
—	VANECK VECTORS ETF TR	31,622	$518	0.4%	$16.38	—	JP MORGAN MKTS	92189F494
GOVT	ISHARES TR	21,302	$515	0.4%	$24.35	—	US TREAS BD ETF	46429B267
SCHH	SCHWAB STRATEGIC TR	12,795	$512	0.4%	$41.46	—	US REIT ETF	808524847
SPSB	SPDR SERIES TRUST	16,926	$509	0.4%	$30.39	—	PORTFOLIO SHORT	78464A474
IYF	ISHARES TR	4,213	$480	0.4%	$119.14	—	U.S. FINLS ETF	464287788
AMZN	AMAZON COM INC	267	$472	0.4%	$76.13	+23.5%	COM	023135106
ITA	ISHARES TR	2,329	$467	0.4%	$190.53	—	US AER DEF ETF	464288760
SRLN	SSGA ACTIVE ETF TR	9,820	$463	0.4%	$47.02	—	BLKSTN GSOSRLN	78467V608
SJNK	SPDR SER TR	16,741	$456	0.4%	$27.42	—	BLOOMBERG SRT TR	78468R408
—	INVESCO EXCH TRD SLF IDX FD	18,416	$444	0.3%	$24.24	—	BULSHS 2020 HY	46138J601
KBWY	INVESCO EXCHNG TRADED FD TR	14,138	$442	0.3%	$35.04	—	KBW PREM YIELD	46138E594
SCHG	SCHWAB STRATEGIC TR	5,798	$442	0.3%	$73.52	—	US LCAP GR ETF	808524300
—	INVESCO EXCH TRD SLF IDX FD	18,281	$440	0.3%	$24.16	—	BULSHS 2019 HY	46138J403
SCHE	SCHWAB STRATEGIC TR	18,275	$439	0.3%	$27.95	—	EMRG MKTEQ ETF	808524706
IVOG	VANGUARD ADMIRAL FDS INC	3,257	$426	0.3%	$135.99	—	MIDCP 400 GRTH	921932869
XSLV	INVESCO EXCHNG TRADED FD TR	9,144	$420	0.3%	$48.24	—	S&P SMLCP LOW	46138G102
XLV	SELECT SECTOR SPDR TR	4,583	$414	0.3%	$83.98	—	SBI HEALTHCARE	81369Y209
STIP	ISHARES TR	4,177	$410	0.3%	$99.78	—	0-5 YR TIPS ETF	46429B747
EFA	ISHARES TR	6,312	$397	0.3%	$69.60	—	MSCI EAFE ETF	464287465
ICF	ISHARES TR	4,042	$394	0.3%	$101.11	—	COHEN STEER REIT	464287564
VB	VANGUARD INDEX FDS	2,546	$375	0.3%	$147.76	—	SMALL CP ETF	922908751
IUSG	ISHARES TR	6,406	$371	0.3%	$53.95	—	CORE S&P US GWT	464287671
XOM	EXXON MOBIL CORP	4,599	$367	0.3%	$58.19	0.0%	COM	30231G102
VXF	VANGUARD INDEX FDS	3,226	$358	0.3%	$111.74	—	EXTEND MKT ETF	922908652
FEX	FIRST TR LRGE CP CORE ALPHA	6,131	$354	0.3%	$58.47	—	COM SHS	33734K109
SCHM	SCHWAB STRATEGIC TR	6,521	$344	0.3%	$53.11	—	US MID-CAP ETF	808524508
IWN	ISHARES TR	2,814	$343	0.3%	$124.34	—	RUS 2000 VAL ETF	464287630
FVC	FIRST TR EXCHANGE TRADED FD	12,995	$336	0.3%	$25.86	—	DORSEY WRIGHT	33738R878
BIV	VANGUARD BD INDEX FD INC	4,196	$335	0.3%	$83.80	—	INTERMED TERM	921937819
HEDJ	WISDOMTREE TR	5,617	$332	0.3%	$62.12	—	EUROPE HEDGED EQ	97717X701
PTLC	PACER FDS TR	11,209	$332	0.3%	$29.62	—	TRENDP US LAR CP	69374H105
BNDX	VANGUARD CHARLOTTE FDS	6,087	$331	0.3%	$54.42	—	INTL BD IDX ETF	92203J407
SPYG	SPDR SERIES TRUST	9,050	$323	0.3%	$33.06	—	PRTFLO S&P500 GW	78464A409
IWF	ISHARES TR	2,233	$323	0.3%	$134.75	—	RUS 1000 GRW ETF	464287614
PTNQ	PACER FDS TR	9,517	$321	0.2%	$33.73	—	TRENDP 100 ETF	69374H303
DBEF	DBX ETF TR	10,367	$312	0.2%	$31.73	—	XTRACK MSCI EAFE	233051200
DBP	INVESCO DB MLTI SECTR CMMTY	8,789	$311	0.2%	$36.65	—	PRECIOUS METAL	46140H502
BKF	ISHARES INC	8,100	$309	0.2%	$44.64	—	MSCI BRIC INDX	464286657
JNJ	JOHNSON & JOHNSON	2,225	$309	0.2%	$109.98	-1.8%	COM	478160104
FNCL	FIDELITY	8,156	$307	0.2%	$39.55	—	MSCI FINLS IDX	316092501
EELV	INVESCO EXCHNG TRADED FD TR	13,173	$305	0.2%	$24.14	—	S&P EMRNG MKTS	46138E297
DVY	ISHARES TR	3,081	$297	0.2%	$98.27	—	SELECT DIVID ETF	464287168
SCHA	SCHWAB STRATEGIC TR	4,315	$296	0.2%	$72.60	—	US SML CAP ETF	808524607
ILCB	ISHARES TR	1,842	$294	0.2%	$159.01	—	MRNGSTR LG-CP ET	464287127
PFE	PFIZER INC	6,631	$292	0.2%	$24.24	+14.1%	COM	717081103
—	JOHN HANCOCK EXCHANGE TRADED	6,606	$290	0.2%	$43.90	—	MULTIFACTOR TE	47804J602
IYW	ISHARES TR	1,581	$285	0.2%	$165.10	—	U.S. TECH ETF	464287721
IBB	ISHARES TR	2,598	$283	0.2%	$107.02	—	NASDAQ BIOTECH	464287556
BBH	VANECK VECTORS ETF TR	2,257	$279	0.2%	$120.16	—	BIOTECH ETF	92189F726
—	ALPS ETF TR	26,859	$277	0.2%	$10.68	—	ALERIAN MLP	00162Q866
FMB	FIRST TR EXCHANG TRADED FD I	5,291	$274	0.2%	$53.39	—	MANAGD MUN ETF	33739N108
HYG	ISHARES TR	3,221	$273	0.2%	$84.76	—	IBOXX HI YD ETF	464288513
IEI	ISHARES TR	2,254	$268	0.2%	$122.20	—	3 7 YR TREAS BD	464288661
IUSV	ISHARES TR	4,999	$268	0.2%	$55.09	—	CORE S&P US VLU	464287663
IXN	ISHARES TR	1,624	$263	0.2%	$161.95	—	GLOBAL TECH ETF	464287291
VDC	VANGUARD WORLD FDS	1,853	$261	0.2%	$136.87	—	CONSUM STP ETF	92204A207
FPX	FIRST TR EXCHANGE TRADED FD	3,749	$259	0.2%	$68.41	—	US EQTY OPPT ETF	336920103
XLF	SELECT SECTOR SPDR TR	9,955	$258	0.2%	$25.92	—	SBI INT-FINL	81369Y605
TLT	ISHARES TR	2,262	$258	0.2%	$121.40	—	20 YR TR BD ETF	464287432
IWO	ISHARES TR	1,357	$258	0.2%	$190.13	—	RUS 2000 GRW ETF	464287648
—	SPDR SERIES TRUST	7,256	$257	0.2%	$36.55	—	BLOOMBERG BRCLYS	78464A417
IWB	ISHARES TR	1,671	$254	0.2%	$148.62	—	RUS 1000 ETF	464287622
KXI	ISHARES TR	5,092	$253	0.2%	$74.62	—	GLB CNSM STP ETF	464288737
RSP	INVESCO EXCHANGE TRADED FD T	2,515	$250	0.2%	$99.40	—	S&P500 EQL WGT	46137V357
MDYG	SPDR SERIES TRUST	4,912	$249	0.2%	$50.69	—	S&P 400 MDCP GRW	78464A821
FNDF	SCHWAB STRATEGIC TR	8,785	$245	0.2%	$30.01	—	SCHWB FDT INT LG	808524755
—	EATON VANCE TXMGD GL BUYWR O	21,890	$244	0.2%	$11.82	—	COM	27829C105
DON	WISDOMTREE TR	7,071	$243	0.2%	$35.29	—	US MIDCAP DIVID	97717W505
AOR	ISHARES TR	5,647	$242	0.2%	$44.55	—	GRWT ALLOCAT ETF	464289867
VHT	VANGUARD WORLD FDS	1,413	$240	0.2%	$159.67	—	HEALTH CAR ETF	92204A504
T	AT&T INC	7,152	$236	0.2%	$14.48	0.0%	COM	00206R102
EEM	ISHARES TR	5,927	$235	0.2%	$47.50	—	MSCI EMG MKT ETF	464287234
IXUS	ISHARES TR	4,206	$234	0.2%	$55.63	—	CORE MSCI TOTAL	46432F834
—	DIREXION SHS ETF TR	6,160	$234	0.2%	$37.99	—	ALL CP INSIDER	25459Y769
VEU	VANGUARD INTL EQUITY INDEX F	4,816	$232	0.2%	$54.48	—	ALLWRLD EX US	922042775
—	INVESCO EXCH TRD SLF IDX FD	9,201	$231	0.2%	$25.10	—	BULSHS 2018 HY	46138J205
MSFT	MICROSOFT CORP	2,124	$230	0.2%	$100.81	0.0%	COM	594918104
RWO	SPDR INDEX SHS FDS	4,920	$225	0.2%	$48.16	—	DJ GLB RL ES ETF	78463X749
IJK	ISHARES TR	1,057	$223	0.2%	$210.97	—	S&P MC 400GR ETF	464287606
—	INVESCO EXCH TRD SLF IDX FD	10,258	$215	0.2%	$20.96	—	BULSHS 2020 CB	46138J502
VOT	VANGUARD INDEX FDS	1,603	$207	0.2%	$127.77	—	MCAP GR IDXVIP	922908538
—	MEDLEY CAP CORP	54,000	$204	0.2%	$3.78	—	COM	58503F106
—	INVESCO EXCH TRD SLF IDX FD	9,607	$202	0.2%	$21.03	—	BULSHS 2019 CB	46138J304
—	ISHARES GOLD TRUST	17,111	$202	0.2%	$12.50	—	ISHARES	464285105
FTCS	FIRST TR EXCHANGE TRADED FD	3,879	$202	0.2%	$52.08	—	CAP STRENGTH ETF	33733E104
—	GLOBAL X FDS	18,700	$174	0.1%	$9.77	—	GLBL X MLP ETF	37950E473
F	FORD MTR CO DEL	15,332	$132	0.1%	$8.01	-14.5%	COM PAR $0.01	345370860
—	GABELLI CONV&INCOM SECS FD I	20,941	$105	0.1%	$5.76	—	COM	36240B109
ERII	ENERGY RECOVERY INC	10,000	$76	0.1%	$8.43	+5.0%	COM	29270J100
—	ORGANOVO HLDGS INC	11,141	$12	0.0%	$1.08	—	COM	68620A104