First United Bank Trust Buys PulteGroup Inc, Alibaba Group Holding, Take-Two Interactive Software Inc, Sells First United Corp, Ulta Beauty Inc, CBS Corp

• New Purchases: PHM, BABA, TTWO, IEMG, TIP, MO,
• Added Positions: VGK, IEFA, VTV, RCL, BND, VOE, FLOT, VO, CSJ, INTC,
• Reduced Positions: QQQ, IYW, IWD, IWF, SPY, ANET, EFA, KO, XLY, CSX,
• Sold Out: FUNC, ULTA, CBS, CAH, ENB, EVHC,

For the details of FIRST UNITED BANK TRUST's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=FIRST+UNITED+BANK+TRUST

1. PowerShares QQQ Trust Series 1 (QQQ) - 39,966 shares, 4.08% of the total portfolio. Shares reduced by 12.44%
2. SPDR S&P 500 (SPY) - 22,291 shares, 3.9% of the total portfolio. Shares reduced by 5.08%
3. Vanguard FTSEEuropean (VGK) - 99,274 shares, 3.85% of the total portfolio. Shares added by 11.10%
4. iShares Russell 1000 Growth (IWF) - 39,855 shares, 3.52% of the total portfolio. Shares reduced by 6.32%
5. iShares Select Dividend ETF (DVY) - 41,064 shares, 2.65% of the total portfolio. Shares reduced by 0.51%

First United Bank Trust initiated holdings in PulteGroup Inc. The purchase prices were between $26.85 and $34.44, with an estimated average price of $31. The stock is now traded at around $34.23. The impact to the portfolio due to this purchase was 0.65%. The holdings were 29,990 shares as of 2017-12-31.

First United Bank Trust initiated holdings in Alibaba Group Holding Ltd. The purchase prices were between $168.96 and $191.19, with an estimated average price of $179.21. The stock is now traded at around $191.41. The impact to the portfolio due to this purchase was 0.6%. The holdings were 5,342 shares as of 2017-12-31.

First United Bank Trust initiated holdings in Take-Two Interactive Software Inc. The purchase prices were between $100.43 and $119.02, with an estimated average price of $109.15. The stock is now traded at around $116.90. The impact to the portfolio due to this purchase was 0.37%. The holdings were 5,085 shares as of 2017-12-31.

First United Bank Trust initiated holdings in iShares Core MSCI Emerging Markets. The purchase prices were between $54.04 and $57.63, with an estimated average price of $55.86. The stock is now traded at around $60.08. The impact to the portfolio due to this purchase was 0.3%. The holdings were 8,032 shares as of 2017-12-31.

First United Bank Trust initiated holdings in iShares TIPS Bond. The purchase prices were between $112.97 and $114.3, with an estimated average price of $113.72. The stock is now traded at around $113.57. The impact to the portfolio due to this purchase was 0.21%. The holdings were 2,740 shares as of 2017-12-31.

First United Bank Trust initiated holdings in Altria Group Inc. The purchase prices were between $62.55 and $73.9, with an estimated average price of $67. The stock is now traded at around $69.52. The impact to the portfolio due to this purchase was 0.15%. The holdings were 3,156 shares as of 2017-12-31.

First United Bank Trust added to the holdings in iShares Core MSCI EAFE by 98.05%. The purchase prices were between $64.09 and $66.44, with an estimated average price of $65.21. The stock is now traded at around $69.36. The impact to the portfolio due to this purchase was 0.24%. The holdings were 11,057 shares as of 2017-12-31.

First United Bank Trust added to the holdings in Vanguard Value by 29.85%. The purchase prices were between $100.45 and $107.03, with an estimated average price of $103.22. The stock is now traded at around $110.72. The impact to the portfolio due to this purchase was 0.18%. The holdings were 11,229 shares as of 2017-12-31.

First United Bank Trust added to the holdings in iShares Floating Rate Bond by 28.16%. The purchase prices were between $50.79 and $50.98, with an estimated average price of $50.9. The stock is now traded at around $50.93. The impact to the portfolio due to this purchase was 0.08%. The holdings were 11,341 shares as of 2017-12-31.

First United Bank Trust added to the holdings in General Electric Co by 31.24%. The purchase prices were between $17.36 and $24.8, with an estimated average price of $19.95. The stock is now traded at around $18.07. The impact to the portfolio due to this purchase was 0.03%. The holdings were 11,596 shares as of 2017-12-31.

First United Bank Trust sold out the holdings in First United Corp. The sale prices were between $16.3 and $18.1, with an estimated average price of $17.27.

First United Bank Trust sold out the holdings in Ulta Beauty Inc. The sale prices were between $190.16 and $228.57, with an estimated average price of $211.43.

First United Bank Trust sold out the holdings in CBS Corp. The sale prices were between $54.46 and $60.53, with an estimated average price of $57.53.

First United Bank Trust sold out the holdings in Cardinal Health Inc. The sale prices were between $55 and $68.24, with an estimated average price of $61.87.

First United Bank Trust sold out the holdings in Enbridge Inc. The sale prices were between $34.5 and $41.97, with an estimated average price of $38.48.

First United Bank Trust sold out the holdings in Envision Healthcare Corp. The sale prices were between $24.79 and $45.13, with an estimated average price of $35.02.

First United Bank Trust reduced to the holdings in Coca-Cola Co by 38.11%. The sale prices were between $44.8 and $47.43, with an estimated average price of $45.97. The stock is now traded at around $46.46. The impact to the portfolio due to this sale was -0.12%. First United Bank Trust still held 6,446 shares as of 2017-12-31.