Clifford Swan Investment Counsel Llc Buys Bristol-Myers Squibb Company, Stericycle, Teva Pharmaceutical Industries, Sells Gilead Sciences, Johnson Controls International PLC, The Hain Celestial Group

• New Purchases: MCK, CIU, DJP, AJG, PSLV, PHYS, MAR, IAU, COL, VGK,
• Added Positions: BMY, SRCL, TEVA, CERN, NVO, ABT, BBBY, DISCK, WFM, MON,
• Reduced Positions: GILD, JCI, HAIN, UPS, QCOM, BEN, CVX, INTC, PEP, IBM,
• Sold Out: BKCC, OAK, V, PII, FE, EXC, CAG, VUG, EFG, WETF,

For the details of CLIFFORD SWAN INVESTMENT COUNSEL LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=CLIFFORD+SWAN+INVESTMENT+COUNSEL+LLC

1. United Parcel Service Inc (UPS) - 449,253 shares, 3.47% of the total portfolio. Shares reduced by 2.83%
2. Exxon Mobil Corp (XOM) - 509,631 shares, 3.09% of the total portfolio. Shares reduced by 0.95%
3. Apple Inc (AAPL) - 358,623 shares, 2.79% of the total portfolio. Shares reduced by 1.51%
4. Berkshire Hathaway Inc (BRK.B) - 248,635 shares, 2.73% of the total portfolio. Shares reduced by 1.31%
5. Wells Fargo & Co (WFC) - 702,056 shares, 2.6% of the total portfolio. Shares reduced by 0.84%

Clifford Swan Investment Counsel Llc initiated holdings in McKesson Corp. The purchase prices were between $124.11 and $165.82, with an estimated average price of $147.1. The stock is now traded at around $139.31. The impact to the portfolio due to this purchase was 0.05%. The holdings were 5,600 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc initiated holdings in iShares Intermediate Credit Bond. The purchase prices were between $107.47 and $111.1, with an estimated average price of $109.28. The stock is now traded at around $108.77. The impact to the portfolio due to this purchase was 0.02%. The holdings were 3,056 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc initiated holdings in iPath Bloomberg Commodity Index Total Return ETN. The purchase prices were between $22.56 and $24.36, with an estimated average price of $23.65. The stock is now traded at around $24.30. The impact to the portfolio due to this purchase was 0.02%. The holdings were 14,500 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc initiated holdings in Marriott International Inc. The purchase prices were between $66.61 and $86.05, with an estimated average price of $75.26. The stock is now traded at around $85.53. The impact to the portfolio due to this purchase was 0.01%. The holdings were 2,552 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc initiated holdings in Sprott Physical Silver Trust. The purchase prices were between $5.98 and $7.29, with an estimated average price of $6.56. The stock is now traded at around $6.74. The impact to the portfolio due to this purchase was 0.01%. The holdings were 15,250 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc initiated holdings in ishares Gold Trust. The purchase prices were between $10.86 and $12.66, with an estimated average price of $11.71. The stock is now traded at around $11.86. The impact to the portfolio due to this purchase was 0.01%. The holdings were 17,860 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc added to the holdings in Bristol-Myers Squibb Company by 71.72%. The purchase prices were between $49.23 and $59.61, with an estimated average price of $54.67. The stock is now traded at around $51.00. The impact to the portfolio due to this purchase was 0.37%. The holdings were 223,407 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc added to the holdings in Stericycle Inc by 36.90%. The purchase prices were between $71.61 and $80.09, with an estimated average price of $75.51. The stock is now traded at around $75.16. The impact to the portfolio due to this purchase was 0.15%. The holdings were 106,515 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc added to the holdings in Teva Pharmaceutical Industries Ltd by 104.04%. The purchase prices were between $35.03 and $45.68, with an estimated average price of $39.93. The stock is now traded at around $34.37. The impact to the portfolio due to this purchase was 0.14%. The holdings were 112,854 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc added to the holdings in Cerner Corp by 42.68%. The purchase prices were between $47.37 and $61.79, with an estimated average price of $53.08. The stock is now traded at around $53.71. The impact to the portfolio due to this purchase was 0.09%. The holdings were 90,732 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc added to the holdings in SPDR S&P 500 by 23.65%. The purchase prices were between $208.55 and $227.76, with an estimated average price of $218.6. The stock is now traded at around $228.63. The impact to the portfolio due to this purchase was 0.04%. The holdings were 15,129 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc added to the holdings in Arena Pharmaceuticals Inc by 21.16%. The purchase prices were between $1.35 and $1.86, with an estimated average price of $1.55. The stock is now traded at around $1.60. The impact to the portfolio due to this purchase was less than 0.01%. The holdings were 28,628 shares as of 2016-12-31.

Clifford Swan Investment Counsel Llc sold out the holdings in Oaktree Capital Group LLC. The sale prices were between $37.35 and $42.7, with an estimated average price of $40.1.

Clifford Swan Investment Counsel Llc sold out the holdings in BlackRock Capital Investment Corp. The sale prices were between $6.78 and $8.24, with an estimated average price of $7.51.

Clifford Swan Investment Counsel Llc sold out the holdings in Conagra Brands Inc. The sale prices were between $34.3 and $39.85, with an estimated average price of $37.37.

Clifford Swan Investment Counsel Llc sold out the holdings in Visa Inc. The sale prices were between $75.43 and $83.36, with an estimated average price of $80.4.

Clifford Swan Investment Counsel Llc sold out the holdings in Exelon Corp. The sale prices were between $30 and $35.75, with an estimated average price of $33.24.

Clifford Swan Investment Counsel Llc sold out the holdings in FirstEnergy Corp. The sale prices were between $30.06 and $34.5, with an estimated average price of $32.03.