Director of Operations

0001701132-19-000004.txt : 20191015 0001701132-19-000004.hdr.sgml : 20191015 20191015163108 ACCESSION NUMBER: 0001701132-19-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191015 DATE AS OF CHANGE: 20191015 EFFECTIVENESS DATE: 20191015 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sterling Investment Advisors, Ltd. CENTRAL INDEX KEY: 0001701132 IRS NUMBER: 233034280 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-18056 FILM NUMBER: 191151258 BUSINESS ADDRESS: STREET 1: 1055 WESTLAKES DRIVE STREET 2: SUITE 150 CITY: BERWYN STATE: PA ZIP: 19312 BUSINESS PHONE: 6105600400 MAIL ADDRESS: STREET 1: 1055 WESTLAKES DRIVE STREET 2: SUITE 150 CITY: BERWYN STATE: PA ZIP: 19312 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001701132 XXXXXXXX 09-30-2019 09-30-2019 Sterling Investment Advisors, Ltd.

1055 WESTLAKES DRIVE SUITE 150 BERWYN PA 19312

13F HOLDINGS REPORT 028-18056 N Matthew Croley Director of Operations 610-560-0400 ext. 13 Matthew Croley Berwyn PA 10-15-2019 0 437 195715 false INFORMATION TABLE 2 sterling3q19.xml 3M Company COM 604059105 210 1279 SH SOLE 0 0 1279 Abbott Laboratories COM 002824100 1165 13928 SH SOLE 0 0 13928 AbbVie, Inc. COM 00287Y109 1108 14633 SH SOLE 0 0 14633 ABIOMED, Inc. COM 003654100 27 150 SH SOLE 0 0 150 Acasti Pharma, Inc. COM 00430K402 38 20000 SH SOLE 0 0 20000 Accenture Ltd. COM G1151C101 75 389 SH SOLE 0 0 389 Adobe Systems, Inc. COM 00724F101 375 1357 SH SOLE 0 0 1357 Advanced Micro Devices COM 007903107 203 7000 SH SOLE 0 0 7000 AECOM Technology Corp. COM 00766T100 150 4000 SH SOLE 0 0 4000 AFLAC Inc. COM 001055102 78 1500 SH SOLE 0 0 1500 Akamai Technologies, Inc. COM 00971T101 1855 20300 SH SOLE 0 0 20300 Alaska Air Group, Inc. COM 011659109 11 177 SH SOLE 0 0 177 Alexion Pharmaceuticals, Inc. COM 015351109 0 2 SH SOLE 0 0 2 Alibaba Group Holdings Ltd. ADS 01609W102 269 1608 SH SOLE 0 0 1608 Align Technology, Inc. COM 016255101 993 5486 SH SOLE 0 0 5486 Allergan plc COM 018490102 14 81 SH SOLE 0 0 81 Alphabet, Inc. Class A COM 02079K305 4040 3308 SH SOLE 0 0 3308 Alphabet, Inc. Class C COM 02079K107 1585 1300 SH SOLE 0 0 1300 Altaba, Inc. COM 021346101 6 333 SH SOLE 0 0 333 Altria Group, Inc. COM 02209S103 63 1546 SH SOLE 0 0 1546 Amazon.com, Inc. COM 023135106 6051 3486 SH SOLE 0 0 3486 American Express COM 025816109 177 1500 SH SOLE 0 0 1500 American Tower Corp. COM 03027X100 2111 9545 SH SOLE 0 0 9545 Amgen, Inc. COM 031162100 2349 12138 SH SOLE 0 0 12138 Amphenol Corp. COM 032095101 19 200 SH SOLE 0 0 200 Annaly Capital Management, Inc. COM 035710409 111 12659 SH SOLE 0 0 12659 Aphria, Inc. COM 03765K104 0 40 SH SOLE 0 0 40 Apple, Inc. COM 037833100 11936 53291 SH SOLE 0 0 53291 Applied Materials COM 038222105 22 450 SH SOLE 0 0 450 Aqua America, Inc. COM 03836W103 1805 40273 SH SOLE 0 0 40273 Arbutus Biopharma Corp. COM 03879J100 6 4000 SH SOLE 0 0 4000 Archer-Daniels-Midland Co. COM 039483102 123 3000 SH SOLE 0 0 3000 Ares Capital Corp. COM 04010L103 279 14962 SH SOLE 0 0 14962 AT&T, Inc. COM 00206R102 253 6689 SH SOLE 0 0 6689 Aurora Cannabis, Inc. COM 05156X108 0 100 SH SOLE 0 0 100 Automatic Data Processing COM 053015103 126 780 SH SOLE 0 0 780 AVEO Pharmaceuticals, Inc. COM 053588109 0 65 SH SOLE 0 0 65 Axcelis Technologies COM 054540109 34 2000 SH SOLE 0 0 2000 Baidu, Inc. ADS 056752108 1 9 SH SOLE 0 0 9 Balchem Corp. COM 057665200 20 200 SH SOLE 0 0 200 Banc of California, Inc. COM 05990K106 3 237 SH SOLE 0 0 237 Bank of America Corp. COM 066050105 122 4185 SH SOLE 0 0 4185 Baxter International, Inc. COM 071813109 862 9860 SH SOLE 0 0 9860 BB&T Corp. COM 054937107 872 16341 SH SOLE 0 0 16341 Becton, Dickinson and Co. COM 075887109 63 250 SH SOLE 0 0 250 Berkshire Hathaway B COM 084670702 2705 13004 SH SOLE 0 0 13004 Beyond Meat, Inc. COM 08862E109 0 3 SH SOLE 0 0 3 BlackRock, Inc. COM 09247X101 1964 4408 SH SOLE 0 0 4408 BlueStar TA-BIGITech Israel Tech. ETF ETF 26924G870 16 400 SH SOLE 0 0 400 Bookings Holdings, Inc. COM 09857L108 35 18 SH SOLE 0 0 18 Boot Barn Holdings, Inc. COM 099406100 35 1000 SH SOLE 0 0 1000 Bristol-Myers Squibb Co. COM 110122108 121 2391 SH SOLE 0 0 2391 Brookfield Infrastructure Partners, L.P. COM G16252101 25 500 SH SOLE 0 0 500 C.H. Robinson Worldwide, Inc. COM 12541W209 11 125 SH SOLE 0 0 125 Cabot Oil & Gas Corp. COM 127097103 75 4280 SH SOLE 0 0 4280 Call - Alphabet - 1150 - Exp. 6/18/21 CALL 02079K107 22 1 SH Call SOLE 0 0 1 Camden Property Trust COM 133131102 22 200 SH SOLE 0 0 200 Canopy Growth Corp. COM 138035100 17 747 SH SOLE 0 0 747 Carnival Corporation COM 143658102 15 337 SH SOLE 0 0 337 Caterpillar Inc. COM 149123101 170 1345 SH SOLE 0 0 1345 CBRE Clarion Glob. Real Estate Income Fund CEF 12504G100 41 5200 SH SOLE 0 0 5200 CDW Corp. COM 12514G108 123 1000 SH SOLE 0 0 1000 Celanese Corp. COM 150870103 13 104 SH SOLE 0 0 104 Celgene Corp. COM 151020104 9 92 SH SOLE 0 0 92 Centrus Energy Corp. COM 15643U104 0 40 SH SOLE 0 0 40 CenturyLink, Inc. COM 156700106 8 653 SH SOLE 0 0 653 Cerus Corp. COM 157085101 13 2500 SH SOLE 0 0 2500 Charter Communications, Inc. COM 16119P108 37 89 SH SOLE 0 0 89 Chevron Corp. COM 166764100 312 2631 SH SOLE 0 0 2631 CIGNA Corp. COM 125509109 159 1049 SH SOLE 0 0 1049 Cisco Systems COM 17275R102 604 12229 SH SOLE 0 0 12229 Citigroup, Inc. COM 172967424 52 753 SH SOLE 0 0 753 Cloudfare, Inc. COM 18915M107 19 1000 SH SOLE 0 0 1000 CME Group, Inc. COM 12572Q105 37 174 SH SOLE 0 0 174 Cognizant Technology Solutions Corp. COM 192446102 48 800 SH SOLE 0 0 800 Colgate-Palmolive Company COM 194162103 59 808 SH SOLE 0 0 808 Comcast Corp. Class A COM 20030N101 1064 23593 SH SOLE 0 0 23593 Communications Select Sector SPDR ETF ETF 81369Y852 21 415 SH SOLE 0 0 415 Compugen, Ltd. COM M25722105 8 2000 SH SOLE 0 0 2000 ConocoPhillips COM 20825c104 101 1768 SH SOLE 0 0 1768 Consumer Discret. Select Sector SPDR ETF ETF 81369Y407 28 232 SH SOLE 0 0 232 Corcept Therapeutics, Inc. COM 218352102 141 10000 SH SOLE 0 0 10000 CoreLogic, Inc. COM 21871D103 46 986 SH SOLE 0 0 986 Corning, Inc. COM 219350105 893 31325 SH SOLE 0 0 31325 Corteva, Inc. COM 22052L104 95 3396 SH SOLE 0 0 3396 Costco Wholesale Corp. COM 22160K105 1173 4071 SH SOLE 0 0 4071 Cree, Inc. COM 225447101 98 2000 SH SOLE 0 0 2000 Cummins, Inc. COM 231021106 1342 8250 SH SOLE 0 0 8250 Curis, Inc. COM 231269200 22 10000 SH SOLE 0 0 10000 CVS Health Corp. COM 126650100 1945 30837 SH SOLE 0 0 30837 DarioHealth Corp. COM 23725P108 1 2800 SH SOLE 0 0 2800 DASAN Zhone Solutions, Inc. COM 23305L206 5 500 SH SOLE 0 0 500 Deere & Company COM 244199105 6 36 SH SOLE 0 0 36 Delta Air Lines, Inc. COM 247361108 21 372 SH SOLE 0 0 372 Deutsche MSCI EAFE Hedged Equity ETF ETF 233051200 40 1232 SH SOLE 0 0 1232 DexCom, Inc. COM 252131107 4 25 SH SOLE 0 0 25 Diageo plc ADS 25243Q205 1001 6120 SH SOLE 0 0 6120 Digital Realty Trust, Inc. COM 253868103 39 303 SH SOLE 0 0 303 Dollar General Corporation COM 256669102 21 132 SH SOLE 0 0 132 Dominion Resources COM 25746U109 374 4621 SH SOLE 0 0 4621 DoubleLine Income Solutions Fund CEF 258622109 42 2100 SH SOLE 0 0 2100 Dow, Inc. COM 260557103 152 3200 SH SOLE 0 0 3200 Dropbox, Inc. COM 26210C104 2 100 SH SOLE 0 0 100 Duke Energy Corporation COM 264399106 18 189 SH SOLE 0 0 189 Dunkin' Brands Group, Inc. COM 265504100 2 30 SH SOLE 0 0 30 DuPont de Nemours, Inc. COM 263534109 281 3935 SH SOLE 0 0 3935 Eastman Chemical Co. COM 277432100 30 400 SH SOLE 0 0 400 Eaton Corp. COM 278058102 746 8975 SH SOLE 0 0 8975 Elanco Animal Health Inc. COM 28414H103 20 767 SH SOLE 0 0 767 Eli Lilly & Co. COM 532457108 188 1680 SH SOLE 0 0 1680 Emerson Electric Co. COM 291011104 1058 15832 SH SOLE 0 0 15832 Energy Select Sector SPDR ETF ETF 81369Y506 14 237 SH SOLE 0 0 237 Energy Transfer, L.P. COM 29273V100 177 13503 SH SOLE 0 0 13503 Enterprise Products Partners, L.P. COM 293792107 181 6343 SH SOLE 0 0 6343 EPAM Systems, Inc. COM 29414B104 1 3 SH SOLE 0 0 3 ETFMG Alternative Harvest ETF ETF 26924G508 82 3950 SH SOLE 0 0 3950 ETFMG Video Game Tech ETF ETF 26924G706 2 50 SH SOLE 0 0 50 Etsy, Inc. COM 29786A106 170 3000 SH SOLE 0 0 3000 Evolent Health, Inc. COM 30050B101 1 200 SH SOLE 0 0 200 Exelon Corporation COM 30161N101 124 2558 SH SOLE 0 0 2558 Extended Stay America, Inc. COM 30224P200 29 2000 SH SOLE 0 0 2000 Exxon Mobil Corp. COM 30231G102 1475 20893 SH SOLE 0 0 20893 F5 Networks, Inc. COM 315616102 14 100 SH SOLE 0 0 100 Facebook, Inc. COM 30303M102 283 1591 SH SOLE 0 0 1591 Fastenal Company COM 311900104 7 200 SH SOLE 0 0 200 FedEx Corp. COM 31428x106 15 100 SH SOLE 0 0 100 Fifth Third Bancorp COM 316773100 49 1800 SH SOLE 0 0 1800 Financial Select Sector SPDR ETF ETF 81369Y605 55 1958 SH SOLE 0 0 1958 FireEye, Inc. COM 31816QAB7 79 5950 SH SOLE 0 0 5950 First Industrial Realty Trust, Inc. COM 32054K103 59 1500 SH SOLE 0 0 1500 First Interstate BancSystem, Inc. COM 32055Y201 33 829 SH SOLE 0 0 829 First Trust Dow Jones Internet Index ETF ETF 33733E302 17 128 SH SOLE 0 0 128 First Trust Large Cap Core AlphaDEX ETF ETF 33734K109 1173 19260 SH SOLE 0 0 19260 First Trust Mid Cap Core AlphaDEX ETF ETF 33735B108 1973 29207 SH SOLE 0 0 29207 First Trust N.A. Energy Infrastructure ETF ETF 33738D101 77 3000 SH SOLE 0 0 3000 Firsthand Technology Value Fund, Inc. COM 33766Y100 6 800 SH SOLE 0 0 800 Fitbit, Inc. COM 33812L102 2 400 SH SOLE 0 0 400 Five9, Inc. COM 338307101 107 2000 SH SOLE 0 0 2000 Flaherty & Crumrine Dynamic Pfd. & Income Fund CEF 33848W106 78 3000 SH SOLE 0 0 3000 Flexion Therapeutics, Inc. COM 33938J106 0 23 SH SOLE 0 0 23 FlexShares Quality Dividend ETF ETF 33939L860 23 500 SH SOLE 0 0 500 FNCB Bancorp, Inc. COM 302578109 28 3599 SH SOLE 0 0 3599 Frontier Communications Corp. COM 35906A108 0 8 SH SOLE 0 0 8 FS KKR Capital Corp. COM 302635107 3 500 SH SOLE 0 0 500 General Electric COM 369604103 34 3750 SH SOLE 0 0 3750 General Mills, Inc. COM 370334104 2031 36854 SH SOLE 0 0 36854 Genuine Parts Company COM 372460105 12 118 SH SOLE 0 0 118 GlaxoSmithKline plc ADS 37733W105 1 33 SH SOLE 0 0 33 Global X Lithium & Battery Tech ETF ETF 37954Y855 28 1150 SH SOLE 0 0 1150 Global X Robotics & A.I. ETF ETF 37954Y715 84 4200 SH SOLE 0 0 4200 Global X S&P 500 Catholic Values ETF ETF 37954Y889 22 600 SH SOLE 0 0 600 Globus Medical, Inc. COM 379577208 14197 277723 SH SOLE 0 0 277723 Goldman Sachs BDC, Inc. COM 38147U107 1482 73790 SH SOLE 0 0 73790 Goldman Sachs Group COM 38141G104 137 662 SH SOLE 0 0 662 Goodrich Petroleum Corp. COM 382410843 0 1 SH SOLE 0 0 1 GreenSky, Inc. COM 39572G100 27 4000 SH SOLE 0 0 4000 GW Pharmaceuticals ADS 36197T103 10 90 SH SOLE 0 0 90 H&R Block, Inc. COM 093671105 9 400 SH SOLE 0 0 400 Halliburton Company COM 406216101 6 300 SH SOLE 0 0 300 Hartford Financial Svcs. COM 416515104 6 100 SH SOLE 0 0 100 Health Care Select Sector SPDR ETF ETF 81369Y209 48 532 SH SOLE 0 0 532 Himax Technologies, Inc. ADS 43289P106 3 1500 SH SOLE 0 0 1500 Honeywell International, Inc. COM 438516106 1971 11651 SH SOLE 0 0 11651 Hormel Foods Corp. COM 440452100 12 268 SH SOLE 0 0 268 IBM COM 459200101 49 337 SH SOLE 0 0 337 ICU Medical, Inc. COM 44930G107 20 125 SH SOLE 0 0 125 Illinois Tool Works, Inc. COM 452308109 164 1045 SH SOLE 0 0 1045 Illumina, Inc. COM 452327109 659 2165 SH SOLE 0 0 2165 Independent Bank Group, Inc. COM 45384B106 9 166 SH SOLE 0 0 166 India Fund, Inc. CEF 454089103 9 445 SH SOLE 0 0 445 Innovator IBD 50 ETF ETF 45782C102 187 5800 SH SOLE 0 0 5800 Intel Corp. COM 458140100 1682 32639 SH SOLE 0 0 32639 International Paper COM 460146103 13 322 SH SOLE 0 0 322 Invesco BRIC ETF ETF 18383M100 18 500 SH SOLE 0 0 500 Invesco KBW High Dividend Yield Fin'l ETF ETF 73936Q793 209 10000 SH SOLE 0 0 10000 Invesco Preferred ETF ETF 46138E511 3 167 SH SOLE 0 0 167 Invesco QQQ ETF ETF 631100104 211 1115 SH SOLE 0 0 1115 Invesco S&P 500 Eq. Weight Health Care ETF ETF 46137V332 133 680 SH SOLE 0 0 680 Invesco Solar ETF ETF 46138G706 29 1000 SH SOLE 0 0 1000 iShares Barclays Aggregate Bond ETF ETF 464289859 104 915 SH SOLE 0 0 915 iShares Barclays TIPS Bond ETF ETF 464287176 252 2168 SH SOLE 0 0 2168 iShares Cohen & Steers Realty Index ETF ETF 464287564 564 4700 SH SOLE 0 0 4700 iShares Core MSCI EAFE ETF ETF 46432F842 119 1944 SH SOLE 0 0 1944 iShares Core MSCI Emerging Markets ETF ETF 46434G103 71 1449 SH SOLE 0 0 1449 iShares Core S&P Small-Cap ETF ETF 464287150 6076 78058 SH SOLE 0 0 78058 iShares Dow Jones Select Divid. Index ETF ETF 464287846 284 2781 SH SOLE 0 0 2781 iShares Global Infrastructure ETF ETF 464288372 208 4475 SH SOLE 0 0 4475 iShares GS $ InvesTop Corporate Bond ETF ETF 464287242 106 828 SH SOLE 0 0 828 iShares iBoxx High Yield Corp. Bond ETF ETF 464288513 39 442 SH SOLE 0 0 442 iShares Intermed.-Term Corporate Bond ETF ETF 464288638 93 1600 SH SOLE 0 0 1600 iShares Int'l Developed Property ETF ETF 464288422 311 8077 SH SOLE 0 0 8077 iShares MBS ETF ETF 464288588 37 339 SH SOLE 0 0 339 iShares MSCI ACWI Index ETF ETF 464288240 12 159 SH SOLE 0 0 159 iShares MSCI EAFE ESG Optimized ETF ETF 46435G516 136 2123 SH SOLE 0 0 2123 iShares MSCI EAFE Index ETF ETF 464287465 328 5032 SH SOLE 0 0 5032 iShares MSCI EAFE Minimum Volatility ETF ETF 46429B689 295 4025 SH SOLE 0 0 4025 iShares MSCI Emerg. Mkts. Min. Volat. ETF ETF 464286533 46 800 SH SOLE 0 0 800 iShares MSCI Emerging Markets ETF ETF 464287234 74 1820 SH SOLE 0 0 1820 iShares MSCI KLD 400 Social Index ETF ETF 464288570 217 1956 SH SOLE 0 0 1956 iShares Nasdaq Biotechnology ETF ETF 464287556 20 205 SH SOLE 0 0 205 iShares Russell 1000 Growth ETF ETF 464287614 1 9 SH SOLE 0 0 9 iShares Russell 1000 Index ETF ETF 464287655 32 192 SH SOLE 0 0 192 iShares Russell 1000 Value ETF ETF 464287598 2 12 SH SOLE 0 0 12 iShares Russell 2000 Growth ETF ETF 464287648 1 7 SH SOLE 0 0 7 iShares Russell 2000 Index ETF ETF 464287655 64 424 SH SOLE 0 0 424 iShares Russell 2000 Value Index ETF ETF 464287630 1 12 SH SOLE 0 0 12 iShares Russell Mid-Cap Growth ETF ETF 464287481 69 491 SH SOLE 0 0 491 iShares Russell MidCap Index ETF ETF 464287499 22 400 SH SOLE 0 0 400 iShares Russell Mid-Cap Value ETF ETF 464287473 39 434 SH SOLE 0 0 434 iShares S&P 500 Index ETF ETF 464287200 4 13 SH SOLE 0 0 13 iShares S&P Mid Cap 400 Index ETF ETF 464287507 213 1100 SH SOLE 0 0 1100 iShares S&P Mid-Cap 400 Growth ETF ETF 464287606 25 110 SH SOLE 0 0 110 iShares S&P MidCap 400 Value Index ETF ETF 464287705 25 154 SH SOLE 0 0 154 iShares S&P National Municipal Bond ETF ETF 464288414 851 7454 SH SOLE 0 0 7454 iShares S&P SmallCap 600 Growth Index ETF ETF 464287887 55 307 SH SOLE 0 0 307 iShares S&P SmallCap 600 Value Index ETF ETF 464287879 20 135 SH SOLE 0 0 135 iShares S&P US Preferred Stock Index ETF ETF 464288687 4571 121804 SH SOLE 0 0 121804 iShares Short-Term Corporate Bond ETF ETF 464288646 87 1629 SH SOLE 0 0 1629 iShares Short-Term National Muni Bond ETF ETF 464288158 73 681 SH SOLE 0 0 681 Jefferies Financial Group, Inc. COM 47233W109 70 3782 SH SOLE 0 0 3782 Johnson & Johnson COM 478160104 6216 48045 SH SOLE 0 0 48045 JPMorgan Alerian MLP ETF ETF 46625H365 10 445 SH SOLE 0 0 445 JPMorgan Chase & Co. COM 46625H100 2779 23611 SH SOLE 0 0 23611 JPMorgan Ultra-Short Income ETF ETF 46641Q837 7248 143738 SH SOLE 0 0 143738 Kayne Anderson MLP/Midstream Invest. Co. CEF 486606106 808 55850 SH SOLE 0 0 55850 Kimberly-Clark Corp. COM 494368103 132 927 SH SOLE 0 0 927 KKR & Co. COM 48248M102 1823 67882 SH SOLE 0 0 67882 Kohl's Corporation COM 500255104 1 15 SH SOLE 0 0 15 Kraft Heinz Company COM 500754106 4 133 SH SOLE 0 0 133 Laboratory Corp. of America Holdings COM 50540R409 34 200 SH SOLE 0 0 200 LAM Research Corp. COM 512807108 48 206 SH SOLE 0 0 206 Landmark Bancorp, Inc. COM 51504L107 8 500 SH SOLE 0 0 500 Las Vegas Sands Corp. COM 517834107 7 115 SH SOLE 0 0 115 Legg Mason Low Volatility High Div. ETF ETF 52468L406 60 1800 SH SOLE 0 0 1800 Levi Strauss & Co. COM 52736R102 0 2 SH SOLE 0 0 2 Lilis Energy, Inc. COM 532403201 83 250000 SH SOLE 0 0 250000 Linde AG COM G5494J103 15 75 SH SOLE 0 0 75 Lockheed Martin Corp. COM 539830109 287 735 SH SOLE 0 0 735 Louisiana-Pacific Corp. COM 546347105 8 320 SH SOLE 0 0 320 Lowe's Companies Inc. COM 548661107 1869 17000 SH SOLE 0 0 17000 LTC Properties, Inc. COM 502175102 12 230 SH SOLE 0 0 230 Lyft, Inc. COM 55087P104 0 4 SH SOLE 0 0 4 Magna International, Inc. COM 559222401 18 334 SH SOLE 0 0 334 Marathon Oil Corp. COM 565849106 2 144 SH SOLE 0 0 144 Marathon Petroleum Corp. COM 56585A102 16 264 SH SOLE 0 0 264 Marvell Technology Group, LTD COM G5876H105 150 6000 SH SOLE 0 0 6000 MasterCard, Inc. COM 57636Q104 54 200 SH SOLE 0 0 200 Match Group, Inc. COM 57665R106 0 4 SH SOLE 0 0 4 McDonald's Corp. COM 580135101 743 3459 SH SOLE 0 0 3459 Medtronic plc COM G5960L103 87 800 SH SOLE 0 0 800 Melinta Therapeutics, Inc. COM 58549G100 0 19 SH SOLE 0 0 19 Merck & Co., Inc. COM 589331107 1810 21502 SH SOLE 0 0 21502 Meridian Bank COM 587405101 68 3870 SH SOLE 0 0 3870 MetLife, Inc. COM 59156R108 47 1000 SH SOLE 0 0 1000 Micron Technology, Inc. COM 595112103 13 300 SH SOLE 0 0 300 Microsoft Corp. COM 594918104 3773 27139 SH SOLE 0 0 27139 MiMedx Group, Inc. COM 602496101 11 2200 SH SOLE 0 0 2200 Mondelez International, Inc. COM 609207105 1342 24259 SH SOLE 0 0 24259 Nabriva Therapeutics plc COM G63637105 40 20000 SH SOLE 0 0 20000 Nasdaq, Inc. COM 631103108 99 1000 SH SOLE 0 0 1000 National Fuel Gas Co. COM 636180101 0 2 SH SOLE 0 0 2 NCR Corp. COM 62886E108 2 66 SH SOLE 0 0 66 Nektar Therapeutics COM 640268108 14 750 SH SOLE 0 0 750 Netflix, Inc. COM 64110L106 159 594 SH SOLE 0 0 594 Neuralstem, Inc. COM 64127R401 0 5 SH SOLE 0 0 5 Newmont Goldcorp Corp. COM 651639106 25 656 SH SOLE 0 0 656 NextEra Energy, Inc. COM 65339F101 53 227 SH SOLE 0 0 227 Nike, Inc. COM 654106103 2099 22348 SH SOLE 0 0 22348 Northern Oil and Gas, Inc. COM 665531109 159 81174 SH SOLE 0 0 81174 Northrop Grumman Corp. COM 666807102 174 464 SH SOLE 0 0 464 Northwest Bancshares, Inc. COM 667340103 7 450 SH SOLE 0 0 450 NRG Energy, Inc. COM 629377508 20 493 SH SOLE 0 0 493 Nuveen High Inc. Dec 2019 Target Term Fund CEF 67076E107 49 5000 SH SOLE 0 0 5000 Nuveen Intermed. Duration Muni. Term Fund CEF 670671106 755 55000 SH SOLE 0 0 55000 Nuveen Pennsylvania Municipal Value Fund CEF 67074K105 45 3200 SH SOLE 0 0 3200 NVIDIA Corp. COM 67066G104 218 1251 SH SOLE 0 0 1251 Nymox Pharmaceutical Corp. COM P73398102 5 2500 SH SOLE 0 0 2500 Oracle Corp. COM 68389X105 667 12113 SH SOLE 0 0 12113 Oramed Pharmaceuticals, Inc. COM 68403P203 10 3150 SH SOLE 0 0 3150 O'Reilly Automotive, Inc. COM 67103H107 80 200 SH SOLE 0 0 200 Paychex, Inc. COM 704326107 1819 21983 SH SOLE 0 0 21983 PayPal Holdings, Inc. COM 70450Y103 10 98 SH SOLE 0 0 98 Peloton Interactive, Inc. COM 70614W100 5 200 SH SOLE 0 0 200 Pennsylvania REIT COM 709102107 54 9500 SH SOLE 0 0 9500 Peoples Financial Services Corp. COM 711040105 45 1004 SH SOLE 0 0 1004 PepsiCo, Inc. COM 713448108 1958 14282 SH SOLE 0 0 14282 PetMed Express, Inc. COM 716382106 42 2350 SH SOLE 0 0 2350 Pfizer, Inc. COM 717081103 1221 33986 SH SOLE 0 0 33986 Philip Morris International, Inc. COM 718172109 68 897 SH SOLE 0 0 897 Phillips 66 COM 718546104 130 1273 SH SOLE 0 0 1273 PIMCO Dynamic Credit & Mortg. Income Fund CEF 72202D106 53 2150 SH SOLE 0 0 2150 PIMCO Strategic Income Fund, Inc. CEF 72200X104 92 9922 SH SOLE 0 0 9922 PNC Financial Services Group, Inc. COM 693475105 48 343 SH SOLE 0 0 343 PPG Industries COM 693506107 201 1700 SH SOLE 0 0 1700 PPL Corp. COM 69351T106 2108 66935 SH SOLE 0 0 66935 Proofpoint, Inc. COM 743424103 39 300 SH SOLE 0 0 300 ProShares Pet Care ETF ETF 74348A145 2 40 SH SOLE 0 0 40 ProShares S&P 500 Dividend Aristocrats ETF ETF 74348A467 0 6 SH SOLE 0 0 6 Public Service Enterprise Group, Inc. COM 744573106 19 300 SH SOLE 0 0 300 Public Storage COM 74460D109 1496 6099 SH SOLE 0 0 6099 Put - Globus Med. - 37.50 - Exp. 12/20/19 PUT 379577958 2 100 SH Put SOLE 0 0 100 Qorvo, Inc. COM 74736K101 22 300 SH SOLE 0 0 300 QUALCOMM, Inc. COM 747525103 80 1055 SH SOLE 0 0 1055 Quanta Services, Inc. COM 74762E102 40 1058 SH SOLE 0 0 1058 Quantum Materials Corp. COM 747906501 4 91000 SH SOLE 0 0 91000 Qurate Retail Group A COM 74915M100 103 10000 SH SOLE 0 0 10000 Raytheon Co. COM 755111507 34 174 SH SOLE 0 0 174 Real Estate Select Sector SPDR ETF ETF 81369Y860 12 294 SH SOLE 0 0 294 Realty Income Corp. COM 756109104 44 570 SH SOLE 0 0 570 Reaves Utility Income Fund CEF 756158101 81 2205 SH SOLE 0 0 2205 Regeneron Pharmaceuticals, Inc. COM 75886F107 91 328 SH SOLE 0 0 328 Rio Tinto plc ADS 767204100 36 700 SH SOLE 0 0 700 RLI Corp. COM 749607107 10 104 SH SOLE 0 0 104 Robo Global Robotics & Automation ETF ETF 301505707 76 1990 SH SOLE 0 0 1990 Ross Stores, Inc. COM 778296103 24 219 SH SOLE 0 0 219 Royal Dutch Shell plc A ADS 780259206 53 900 SH SOLE 0 0 900 Royal Dutch Shell plc B ADS 780259107 38 631 SH SOLE 0 0 631 salesforce.com, inc. COM 79466L302 59 400 SH SOLE 0 0 400 Sarepta Therapeutics, Inc. COM 803607100 23 300 SH SOLE 0 0 300 Schlumberger Ltd. COM 806857108 6 186 SH SOLE 0 0 186 Schwab Emerging Markets Equity ETF ETF 808524706 11 442 SH SOLE 0 0 442 Schwab International Equity ETF ETF 808524805 13 404 SH SOLE 0 0 404 Schwab U.S. Broad Market ETF ETF 808524102 114 1601 SH SOLE 0 0 1601 Schwab U.S. Large Cap ETF ETF 808524201 59 832 SH SOLE 0 0 832 Schwab U.S. Mid-Cap ETF ETF 808524508 23 414 SH SOLE 0 0 414 Sculptor Capital Management, Inc. COM 811246107 15 750 SH SOLE 0 0 750 SecureWorks Corp. COM 81374A105 2 150 SH SOLE 0 0 150 SEI Investments Co. COM 784117103 60 1007 SH SOLE 0 0 1007 ShockWave Medical, Inc. COM 82489T104 6 200 SH SOLE 0 0 200 Shopify, Inc. COM 82509L107 843 2705 SH SOLE 0 0 2705 SIRIUS XM Radio, Inc. COM 82966U103 3 430 SH SOLE 0 0 430 Skyworks Solutions, Inc. COM 83088M102 20 250 SH SOLE 0 0 250 Slack Technologies, Inc. COM 83088V102 29 1240 SH SOLE 0 0 1240 Snap, Inc. COM 833034101 8 525 SH SOLE 0 0 525 Soligenix, Inc. COM 834223307 19 20000 SH SOLE 0 0 20000 Southwest Airlines Co. COM 844741108 26 482 SH SOLE 0 0 482 Spark Therapeutics, Inc. COM 84652J103 58 600 SH SOLE 0 0 600 SPDR Barclays Convertible Securities ETF ETF 78464A359 4144 79003 SH SOLE 0 0 79003 SPDR Dow Jones Industrial Average ETF ETF 252787106 135 500 SH SOLE 0 0 500 SPDR Dow Jones Int'l Real Estate ETF ETF 78463X863 28 705 SH SOLE 0 0 705 SPDR Gold Shares ETF ETF 78463V107 3341 24060 SH SOLE 0 0 24060 SPDR Portfolio Mid Cap ETF ETF 78464A847 715 21100 SH SOLE 0 0 21100 SPDR S&P 500 ETF ETF 78462f103 1000 3371 SH SOLE 0 0 3371 SPDR S&P Aerospace & Defense ETF ETF 78464A631 11 100 SH SOLE 0 0 100 SPDR S&P Insurance ETF ETF 78464A789 5 144 SH SOLE 0 0 144 SPDR S&P MidCap 400 ETF ETF 464287507 2667 7567 SH SOLE 0 0 7567 Spotify Technology S.A. COM L8681T102 61 539 SH SOLE 0 0 539 Square, Inc. COM 852234103 2036 32873 SH SOLE 0 0 32873 Starbucks Corp. COM 855244109 1317 14898 SH SOLE 0 0 14898 Stitch Fix, Inc. COM 860897107 13 700 SH SOLE 0 0 700 Stryker Corp. COM 863667101 719 3325 SH SOLE 0 0 3325 Target Corp. 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