Destination Wealth Management Buys Microsoft Corp, Amazon.com Inc, American Tower Corp, Sells iShares Core S&P 500, Oracle Corp, Vanguard Growth

Author's Avatar
May 13, 2020
Article's Main Image
Walnut Creek, CA, based Investment company Destination Wealth Management (Current Portfolio) buys Microsoft Corp, Amazon.com Inc, American Tower Corp, Zoetis Inc, Waste Management Inc, sells iShares Core S&P 500, Oracle Corp, Vanguard Growth, Exxon Mobil Corp, AT&T Inc during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Destination Wealth Management. As of 2020Q1, Destination Wealth Management owns 155 stocks with a total value of $1.6 billion. These are the details of the buys and sells.

For the details of Destination Wealth Management's stock buys and sells, go to https://www.gurufocus.com/guru/destination+wealth+management/current-portfolio/portfolio

These are the top 5 holdings of Destination Wealth Management
  1. iShares Core U.S. Aggregate Bond (AGG) - 1,473,169 shares, 10.75% of the total portfolio. Shares added by 10.52%
  2. iShares Core S&P 500 (IVV) - 297,132 shares, 4.85% of the total portfolio. Shares reduced by 34.76%
  3. SPDR S&P Dividend (SDY) - 795,475 shares, 4.02% of the total portfolio. Shares added by 3.29%
  4. Apple Inc (AAPL) - 248,373 shares, 3.99% of the total portfolio. Shares reduced by 0.84%
  5. iShares 0-5 Year TIPS Bond (STIP) - 532,135 shares, 3.36% of the total portfolio. Shares added by 1.58%
New Purchase: Zoetis Inc (ZTS)

Destination Wealth Management initiated holding in Zoetis Inc. The purchase prices were between $92.66 and $144.94, with an estimated average price of $132. The stock is now traded at around $124.01. The impact to a portfolio due to this purchase was 0.85%. The holding were 114,549 shares as of .

New Purchase: American Tower Corp (AMT)

Destination Wealth Management initiated holding in American Tower Corp. The purchase prices were between $179.09 and $256.9, with an estimated average price of $233.06. The stock is now traded at around $231.69. The impact to a portfolio due to this purchase was 0.85%. The holding were 61,498 shares as of .

New Purchase: Waste Management Inc (WM)

Destination Wealth Management initiated holding in Waste Management Inc. The purchase prices were between $87.87 and $126.22, with an estimated average price of $114.94. The stock is now traded at around $98.31. The impact to a portfolio due to this purchase was 0.66%. The holding were 112,712 shares as of .

New Purchase: Vanguard Mega Cap (MGC)

Destination Wealth Management initiated holding in Vanguard Mega Cap. The purchase prices were between $79.14 and $118.24, with an estimated average price of $107.43. The stock is now traded at around $101.50. The impact to a portfolio due to this purchase was 0.13%. The holding were 22,873 shares as of .

New Purchase: iShares MSCI USA ESG Select (SUSA)

Destination Wealth Management initiated holding in iShares MSCI USA ESG Select. The purchase prices were between $95.06 and $141.74, with an estimated average price of $129.1. The stock is now traded at around $122.82. The impact to a portfolio due to this purchase was 0.12%. The holding were 18,005 shares as of .

New Purchase: iShares U.S. Medical Devices (IHI)

Destination Wealth Management initiated holding in iShares U.S. Medical Devices. The purchase prices were between $184.98 and $277.11, with an estimated average price of $252.6. The stock is now traded at around $260.46. The impact to a portfolio due to this purchase was 0.11%. The holding were 7,423 shares as of .

Added: Microsoft Corp (MSFT)

Destination Wealth Management added to a holding in Microsoft Corp by 808.20%. The purchase prices were between $135.42 and $188.7, with an estimated average price of $164.71. The stock is now traded at around $182.51. The impact to a portfolio due to this purchase was 1.4%. The holding were 157,727 shares as of .

Added: Amazon.com Inc (AMZN)

Destination Wealth Management added to a holding in Amazon.com Inc by 497.08%. The purchase prices were between $1676.61 and $2170.22, with an estimated average price of $1936.38. The stock is now traded at around $2356.95. The impact to a portfolio due to this purchase was 0.98%. The holding were 9,607 shares as of .

Added: McDonald's Corp (MCD)

Destination Wealth Management added to a holding in McDonald's Corp by 2321.32%. The purchase prices were between $137.1 and $217.46, with an estimated average price of $197.58. The stock is now traded at around $176.54. The impact to a portfolio due to this purchase was 0.55%. The holding were 54,504 shares as of .

Added: Visa Inc (V)

Destination Wealth Management added to a holding in Visa Inc by 33.20%. The purchase prices were between $135.74 and $213.31, with an estimated average price of $188.96. The stock is now traded at around $179.47. The impact to a portfolio due to this purchase was 0.37%. The holding were 146,692 shares as of .

Added: PIMCO Enhanced Short Maturity Active Exchange-Trad (MINT)

Destination Wealth Management added to a holding in PIMCO Enhanced Short Maturity Active Exchange-Trad by 286.01%. The purchase prices were between $97.3 and $101.94, with an estimated average price of $101.18. The stock is now traded at around $100.68. The impact to a portfolio due to this purchase was 0.06%. The holding were 12,557 shares as of .

Added: Schwab International Equity (SCHF)

Destination Wealth Management added to a holding in Schwab International Equity by 59.97%. The purchase prices were between $22.3 and $34.12, with an estimated average price of $31.02. The stock is now traded at around $27.23. The impact to a portfolio due to this purchase was 0.04%. The holding were 70,386 shares as of .

Sold Out: iShares Russell 2000 (IWM)

Destination Wealth Management sold out a holding in iShares Russell 2000. The sale prices were between $99.52 and $168.88, with an estimated average price of $148.55.

Sold Out: Cerner Corp (CERN)

Destination Wealth Management sold out a holding in Cerner Corp. The sale prices were between $54.7 and $80.23, with an estimated average price of $71.32.

Sold Out: UnitedHealth Group Inc (UNH)

Destination Wealth Management sold out a holding in UnitedHealth Group Inc. The sale prices were between $194.86 and $305.31, with an estimated average price of $276.19.

Sold Out: Enterprise Products Partners LP (EPD)

Destination Wealth Management sold out a holding in Enterprise Products Partners LP. The sale prices were between $12.27 and $29.02, with an estimated average price of $23.43.

Sold Out: Vanguard Mid-Cap Growth (VOT)

Destination Wealth Management sold out a holding in Vanguard Mid-Cap Growth. The sale prices were between $108.51 and $170.49, with an estimated average price of $153.09.

Sold Out: Medtronic PLC (MDT)

Destination Wealth Management sold out a holding in Medtronic PLC. The sale prices were between $72.92 and $121.3, with an estimated average price of $106.86.



Here is the complete portfolio of Destination Wealth Management. Also check out:

1. Destination Wealth Management's Undervalued Stocks
2. Destination Wealth Management's Top Growth Companies, and
3. Destination Wealth Management's High Yield stocks
4. Stocks that Destination Wealth Management keeps buying