Keudell Buys iShares iBoxx $ Investment Grade Corporate Bond, Invesco, SPDR Nuveen Bloomberg Barclays Municipal Bond, Sells SPDR Portfolio Short Term Corporate Bond, iShares Core MSCI Emerging Markets, iShares Core MSCI EAFE

• New Purchases: LQD, IVZ, TFI, VMBS, SPY, NOW, TSLA, AMJ, ET,
• Added Positions: BRK.B, CRM, ABT, CM, VZ, ADSK, AMZN, MSFT, UL, BTI, UPS, USB, ABBV, DVY, BP, FB, WY, PFE, KO, LLY, GOOG, MRK, NVS, ACN, WELL, CVX, RTX, T, GOOGL, AMGN, BCE, AZN, ADBE, HD, DIS, ANTM, CSCO, REGN, LRCX, ENB, XOM, JNJ, VOD, AVGO, V, MMU, CAT, WFC, WMT, LTC, AXP, JPM, MO, SWKS, C, KHC, PG, CVS, KEY, SNY, SLB, GE, GILD, HON, JWN, HBAN,
• Reduced Positions: SPSB, IEMG, IEFA, AMLP, AAPL, ORCL, SBUX, DUK, ZTS, GSK, BA, UNH, BIIB, NKE, SO, NGG, NMI, MCD, INTC, CCI, AKAM, DG, FEN, BMY, OHI, VRTX, TMO, TXN, TSM, LHX, COST, BAC, CTXS, BT3,
• Sold Out: DES, QQQ, RDS.B, ORLY, OXY, PNC, VTR, BKNG, AGN, RTN, SYF, DGX, STX, BLK, TWTR, MMM, WM, FLRN, O, JCI, ECL, ALGN, TEL, LAD, AIG, AMCR, SMFG,

For the details of Keudell's stock buys and sells, go to https://www.gurufocus.com/guru/keudell/current-portfolio/portfolio

1. Apple Inc (AAPL) - 18,620 shares, 4.66% of the total portfolio. Shares reduced by 4.44%
2. Microsoft Corp (MSFT) - 20,742 shares, 3.22% of the total portfolio. Shares added by 4.18%
3. AT&T Inc (T) - 107,050 shares, 3.07% of the total portfolio. Shares added by 1.62%
4. Verizon Communications Inc (VZ) - 48,363 shares, 2.56% of the total portfolio. Shares added by 6.44%
5. U.S. Bancorp (USB) - 69,208 shares, 2.35% of the total portfolio. Shares added by 4.90%

Keudell initiated holding in iShares iBoxx $ Investment Grade Corporate Bond. The purchase prices were between $105.05 and $134.27, with an estimated average price of $127.83. The stock is now traded at around $129.87. The impact to a portfolio due to this purchase was 1.84%. The holding were 15,158 shares as of .

Keudell initiated holding in Invesco Ltd. The purchase prices were between $7.61 and $18.89, with an estimated average price of $15.33. The stock is now traded at around $8.93. The impact to a portfolio due to this purchase was 0.91%. The holding were 4,870 shares as of .

Keudell initiated holding in SPDR Nuveen Bloomberg Barclays Municipal Bond. The purchase prices were between $44.31 and $52.43, with an estimated average price of $50.89. The stock is now traded at around $50.63. The impact to a portfolio due to this purchase was 0.9%. The holding were 18,365 shares as of .

Keudell initiated holding in Vanguard Mortgage-Backed Securities ETF. The purchase prices were between $51.4 and $54.6, with an estimated average price of $53.46. The stock is now traded at around $54.16. The impact to a portfolio due to this purchase was 0.85%. The holding were 15,768 shares as of .

Keudell initiated holding in SPDR S&P 500. The purchase prices were between $222.95 and $338.34, with an estimated average price of $307.42. The stock is now traded at around $282.42. The impact to a portfolio due to this purchase was 0.36%. The holding were 1,415 shares as of .

Keudell initiated holding in ServiceNow Inc. The purchase prices were between $254.7 and $357.72, with an estimated average price of $312.8. The stock is now traded at around $303.19. The impact to a portfolio due to this purchase was 0.32%. The holding were 1,141 shares as of .

Keudell added to a holding in Berkshire Hathaway Inc by 92.62%. The purchase prices were between $162.13 and $230.2, with an estimated average price of $213.25. The stock is now traded at around $188.16. The impact to a portfolio due to this purchase was 0.38%. The holding were 4,357 shares as of .

Keudell added to a holding in Salesforce.com Inc by 36.53%. The purchase prices were between $124.3 and $193.36, with an estimated average price of $171.77. The stock is now traded at around $163.22. The impact to a portfolio due to this purchase was 0.19%. The holding were 5,109 shares as of .

Keudell added to a holding in Abbott Laboratories by 51.32%. The purchase prices were between $62.82 and $91.86, with an estimated average price of $83.67. The stock is now traded at around $98.26. The impact to a portfolio due to this purchase was 0.18%. The holding were 6,970 shares as of .

Keudell added to a holding in Canadian Imperial Bank of Commerce by 29.89%. The purchase prices were between $46.53 and $83.43, with an estimated average price of $74.82. The stock is now traded at around $56.93. The impact to a portfolio due to this purchase was 0.16%. The holding were 12,206 shares as of .

Keudell added to a holding in Autodesk Inc by 78.39%. The purchase prices were between $136 and $210.76, with an estimated average price of $184.07. The stock is now traded at around $177.77. The impact to a portfolio due to this purchase was 0.14%. The holding were 1,989 shares as of .

Keudell added to a holding in Unilever PLC by 45.60%. The purchase prices were between $44.62 and $60.96, with an estimated average price of $55.88. The stock is now traded at around $53.92. The impact to a portfolio due to this purchase was 0.12%. The holding were 7,570 shares as of .

Keudell sold out a holding in WisdomTree U.S. SmallCap Dividend Fund. The sale prices were between $15.92 and $28.78, with an estimated average price of $24.69.

Keudell sold out a holding in PowerShares QQQ Trust Ser 1. The sale prices were between $169.3 and $236.98, with an estimated average price of $212.89.

Keudell sold out a holding in Royal Dutch Shell PLC. The sale prices were between $19.58 and $61.98, with an estimated average price of $47.33.

Keudell sold out a holding in O'Reilly Automotive Inc. The sale prices were between $260.92 and $441.07, with an estimated average price of $385.19.

Keudell sold out a holding in Occidental Petroleum Corp. The sale prices were between $9.69 and $47.26, with an estimated average price of $33.31.

Keudell sold out a holding in Ventas Inc. The sale prices were between $16.97 and $63.05, with an estimated average price of $50.07.