Welch Group, LLC Buys iShares Core S&P 500 ETF, Truist Financial Corp, Bristol-Myers Squibb Company, Sells Norfolk Southern Corp, SunTrust Banks Inc, Invesco FTSE RAFI Developed Markets ex-US Small-Mi

• New Purchases: BBK, GPC, BK, ENB, AJRD, LM, MS, NAV, NTRS, PCAR, PNC, WRK, SNE, ZBH, HII, XYL,
• Added Positions: IVV, SFBS, EMR, ABBV, CVX, JNJ, MCD, MMM, CL, UL, ED, VZ, AXP, JPM, CSCO, BMY, UN, USB, TXN, AMGN, DIS, RF, WFC, PM, FBHS, AMZN, K, PSX, FB, WMT, MU, GS, GILD, LLY, DEO, COP, BAC, MO,
• Reduced Positions: XOM, IBM, NEE, MSFT, SO, CINF, PG, SLV, PDN, GL, NSC, PRA, VMC, RDS.A, AAPL, TJX, BBVA, DVY, FANG, DG, SMBK, MA, CMCSA, DE, TGT, NUE, SYK, GE, SLB, HON, ROST, MPW, AEP, PPG, ORCL,
• Sold Out: STI,

For the details of Welch Group, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/welch+group%2C+llc/current-portfolio/portfolio

1. Microsoft Corp (MSFT) - 242,566 shares, 3.80% of the total portfolio. Shares reduced by 2.07%
2. Southern Co (SO) - 546,317 shares, 3.46% of the total portfolio. Shares reduced by 1.38%
3. NextEra Energy Inc (NEE) - 139,259 shares, 3.35% of the total portfolio. Shares reduced by 2.01%
4. Intel Corp (INTC) - 563,730 shares, 3.35% of the total portfolio. Shares reduced by 0.34%
5. Leggett & Platt Inc (LEG) - 653,637 shares, 3.30% of the total portfolio. Shares added by 0.95%

Welch Group, LLC initiated holding in Truist Financial Corp. The purchase prices were between $46.2 and $50.5, with an estimated average price of $48.71. The stock is now traded at around $50.00. The impact to a portfolio due to this purchase was 0.07%. The holding were 12,030 shares as of .

Welch Group, LLC initiated holding in Genuine Parts Co. The purchase prices were between $92.55 and $107.74, with an estimated average price of $102.99. The stock is now traded at around $98.07. The impact to a portfolio due to this purchase was 0.02%. The holding were 1,465 shares as of .

Welch Group, LLC initiated holding in Morgan Stanley. The purchase prices were between $39.82 and $51.12, with an estimated average price of $47.51. The stock is now traded at around $54.55. The impact to a portfolio due to this purchase was 0.01%. The holding were 2,000 shares as of .

Welch Group, LLC initiated holding in PACCAR Inc. The purchase prices were between $66.22 and $82.95, with an estimated average price of $77.4. The stock is now traded at around $76.79. The impact to a portfolio due to this purchase was 0.01%. The holding were 1,475 shares as of .

Welch Group, LLC initiated holding in WestRock Co. The purchase prices were between $33.47 and $43.18, with an estimated average price of $39.14. The stock is now traded at around $40.94. The impact to a portfolio due to this purchase was 0.01%. The holding were 2,420 shares as of .

Welch Group, LLC initiated holding in Aerojet Rocketdyne Holdings Inc. The purchase prices were between $42.43 and $49.66, with an estimated average price of $45.21. The stock is now traded at around $51.58. The impact to a portfolio due to this purchase was 0.01%. The holding were 3,000 shares as of .

Welch Group, LLC added to a holding in iShares Core S&P 500 ETF by 211.56%. The purchase prices were between $287.78 and $324.32, with an estimated average price of $308.1. The stock is now traded at around $330.23. The impact to a portfolio due to this purchase was 0.67%. The holding were 30,592 shares as of .

Welch Group, LLC added to a holding in Bristol-Myers Squibb Company by 30.49%. The purchase prices were between $49.21 and $64.19, with an estimated average price of $57.47. The stock is now traded at around $64.16. The impact to a portfolio due to this purchase was 0.02%. The holding were 14,156 shares as of .

Welch Group, LLC added to a holding in American Express Co by 36.53%. The purchase prices were between $112.54 and $125.77, with an estimated average price of $119.65. The stock is now traded at around $135.11. The impact to a portfolio due to this purchase was 0.02%. The holding were 5,326 shares as of .

Welch Group, LLC added to a holding in Fortune Brands Home & Security Inc by 54.41%. The purchase prices were between $54.44 and $65.98, with an estimated average price of $61.75. The stock is now traded at around $69.51. The impact to a portfolio due to this purchase was 0.01%. The holding were 2,838 shares as of .

Welch Group, LLC added to a holding in Amgen Inc by 25.73%. The purchase prices were between $189.21 and $243.2, with an estimated average price of $221.4. The stock is now traded at around $225.59. The impact to a portfolio due to this purchase was 0.01%. The holding were 1,554 shares as of .

Welch Group, LLC added to a holding in Wells Fargo & Co by 21.77%. The purchase prices were between $47.82 and $54.46, with an estimated average price of $52.48. The stock is now traded at around $47.57. The impact to a portfolio due to this purchase was 0.01%. The holding were 6,913 shares as of .

Welch Group, LLC sold out a holding in SunTrust Banks Inc. The sale prices were between $65.35 and $71.45, with an estimated average price of $69.19.

Welch Group, LLC reduced to a holding in Norfolk Southern Corp by 38.8%. The sale prices were between $166.74 and $196.95, with an estimated average price of $187.99. The stock is now traded at around $207.86. The impact to a portfolio due to this sale was -0.02%. Welch Group, LLC still held 1,617 shares as of .

Welch Group, LLC reduced to a holding in iShares Silver Trust by 53.22%. The sale prices were between $15.48 and $16.92, with an estimated average price of $16.2. The stock is now traded at around $16.91. The impact to a portfolio due to this sale was -0.02%. Welch Group, LLC still held 8,513 shares as of .

Welch Group, LLC reduced to a holding in Invesco FTSE RAFI Developed Markets ex-US Small-Mi by 40.69%. The sale prices were between $28.92 and $32.16, with an estimated average price of $30.86. The stock is now traded at around $31.80. The impact to a portfolio due to this sale was -0.02%. Welch Group, LLC still held 4,263 shares as of .

Welch Group, LLC reduced to a holding in Honeywell International Inc by 22.09%. The sale prices were between $158.62 and $182.01, with an estimated average price of $173.73. The stock is now traded at around $177.13. The impact to a portfolio due to this sale was less than 0.01%. Welch Group, LLC still held 776 shares as of .

Welch Group, LLC reduced to a holding in General Electric Co by 20.46%. The sale prices were between $8.28 and $11.58, with an estimated average price of $10.42. The stock is now traded at around $11.71. The impact to a portfolio due to this sale was less than 0.01%. Welch Group, LLC still held 9,533 shares as of .