Valley National Advisers Inc Buys Schwab US Dividend Equity, Schwab International Equity, Schwab U.S. Large-Cap, Sells PowerShares BulletShares 2019 Corporate Bond Portf, PowerShares BulletShares 2020 Corporate Bond Portf, Kinder Morgan Inc

• New Purchases: WELL, FTS, RCL, ITA, LPT, PSI, XLK, XLE, XLI, WPZ,
• Added Positions: SCHD, SCHF, SCHX, SCHM, DIS, CVS, TJX, SCHE, WSM, AMGN,
• Reduced Positions: BSCJ, BSCK, SCHO, KMI, BSV, PPG, PNC, APU, FLS, USB,
• Sold Out: BND, TRI, VGSH, PBCT, WPC, MAS, MTB, NIB, ABX, QQQ,

For the details of VALLEY NATIONAL ADVISERS INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=VALLEY+NATIONAL+ADVISERS+INC

1. PowerShares BulletShares 2020 Corporate Bond Portf (BSCK) - 917,730 shares, 8.23% of the total portfolio. Shares reduced by 29.78%
2. PowerShares BulletShares 2019 Corporate Bond Portf (BSCJ) - 780,130 shares, 6.97% of the total portfolio. Shares reduced by 40.67%
3. Schwab US Dividend Equity (SCHD) - 200,587 shares, 4.19% of the total portfolio. Shares added by 54.14%
4. Apple Inc (AAPL) - 52,709 shares, 3.77% of the total portfolio. Shares added by 0.84%
5. Schwab U.S. Mid Cap (SCHM) - 126,209 shares, 2.84% of the total portfolio. Shares added by 23.17%

Valley National Advisers Inc initiated holding in Welltower Inc. The purchase prices were between $52.03 and $64.14, with an estimated average price of $56.46. The stock is now traded at around $51.49. The impact to a portfolio due to this purchase was 0.28%. The holding were 12,265 shares as of 2018-03-31.

Valley National Advisers Inc initiated holding in Fortis Inc. The purchase prices were between $31.83 and $36.39, with an estimated average price of $33.9. The stock is now traded at around $33.66. The impact to a portfolio due to this purchase was 0.19%. The holding were 13,217 shares as of 2018-03-31.

Valley National Advisers Inc initiated holding in Royal Caribbean Cruises Ltd. The purchase prices were between $116.53 and $134.98, with an estimated average price of $126.34. The stock is now traded at around $118.35. The impact to a portfolio due to this purchase was 0.08%. The holding were 1,539 shares as of 2018-03-31.

Valley National Advisers Inc initiated holding in iShares U.S. Aerospace & Defense. The purchase prices were between $188.35 and $205.3, with an estimated average price of $198.29. The stock is now traded at around $205.44. The impact to a portfolio due to this purchase was 0.03%. The holding were 411 shares as of 2018-03-31.

Valley National Advisers Inc initiated holding in Liberty Property Trust. The purchase prices were between $38.63 and $42.61, with an estimated average price of $40.33. The stock is now traded at around $39.39. The impact to a portfolio due to this purchase was 0.02%. The holding were 1,434 shares as of 2018-03-31.

Valley National Advisers Inc initiated holding in PowerShares Dynamic Semiconductors. The purchase prices were between $47.6 and $57.37, with an estimated average price of $53.41. The stock is now traded at around $51.42. The impact to a portfolio due to this purchase was 0.01%. The holding were 251 shares as of 2018-03-31.

Valley National Advisers Inc added to a holding in Schwab US Dividend Equity by 54.14%. The purchase prices were between $47.58 and $54.58, with an estimated average price of $51.15. The stock is now traded at around $48.95. The impact to a portfolio due to this purchase was 1.47%. The holding were 200,587 shares as of 2018-03-31.

Valley National Advisers Inc added to a holding in Schwab International Equity by 50.60%. The purchase prices were between $32.83 and $36.35, with an estimated average price of $34.45. The stock is now traded at around $34.39. The impact to a portfolio due to this purchase was 0.73%. The holding were 151,242 shares as of 2018-03-31.

Valley National Advisers Inc added to a holding in Schwab U.S. Large-Cap by 37.34%. The purchase prices were between $61.65 and $68.43, with an estimated average price of $65.24. The stock is now traded at around $64.16. The impact to a portfolio due to this purchase was 0.59%. The holding were 80,853 shares as of 2018-03-31.

Valley National Advisers Inc added to a holding in Schwab U.S. Mid Cap by 23.17%. The purchase prices were between $50.82 and $56.22, with an estimated average price of $53.88. The stock is now traded at around $53.51. The impact to a portfolio due to this purchase was 0.53%. The holding were 126,209 shares as of 2018-03-31.

Valley National Advisers Inc added to a holding in Walt Disney Co by 187.81%. The purchase prices were between $98.54 and $112.47, with an estimated average price of $106.26. The stock is now traded at around $100.60. The impact to a portfolio due to this purchase was 0.5%. The holding were 18,109 shares as of 2018-03-31.

Valley National Advisers Inc added to a holding in CVS Health Corp by 57.98%. The purchase prices were between $60.6 and $83.63, with an estimated average price of $71.75. The stock is now traded at around $65.50. The impact to a portfolio due to this purchase was 0.46%. The holding were 46,828 shares as of 2018-03-31.

Valley National Advisers Inc sold out a holding in Vanguard Total Bond Market. The sale prices were between $79.27 and $81.41, with an estimated average price of $80.06.

Valley National Advisers Inc sold out a holding in Thomson Reuters Corp. The sale prices were between $38.53 and $46.52, with an estimated average price of $41.2.

Valley National Advisers Inc sold out a holding in Vanguard Short-Term Treasury ETF. The sale prices were between $59.92 and $60.25, with an estimated average price of $60.06.

Valley National Advisers Inc sold out a holding in People's United Financial Inc. The sale prices were between $18.25 and $20.15, with an estimated average price of $19.42.

Valley National Advisers Inc sold out a holding in W.P. Carey Inc. The sale prices were between $59.24 and $68.47, with an estimated average price of $62.84.

Valley National Advisers Inc sold out a holding in Barrick Gold Corp. The sale prices were between $11.42 and $15.2, with an estimated average price of $13.34.

Valley National Advisers Inc reduced to a holding in PowerShares BulletShares 2019 Corporate Bond Portf by 40.67%. The sale prices were between $20.95 and $21.09, with an estimated average price of $21.02. The stock is now traded at around $20.97. The impact to a portfolio due to this sale was -4.67%. Valley National Advisers Inc still held 780,130 shares as of 2018-03-31.

Valley National Advisers Inc reduced to a holding in PowerShares BulletShares 2020 Corporate Bond Portf by 29.78%. The sale prices were between $21 and $21.29, with an estimated average price of $21.14. The stock is now traded at around $21.04. The impact to a portfolio due to this sale was -3.43%. Valley National Advisers Inc still held 917,730 shares as of 2018-03-31.

Valley National Advisers Inc reduced to a holding in Schwab Short-Term U.S. Treasury by 99.56%. The sale prices were between $49.74 and $50.04, with an estimated average price of $49.85. The stock is now traded at around $49.69. The impact to a portfolio due to this sale was -0.19%. Valley National Advisers Inc still held 41 shares as of 2018-03-31.

Valley National Advisers Inc reduced to a holding in Kinder Morgan Inc by 81.23%. The sale prices were between $14.81 and $19.63, with an estimated average price of $17.32. The stock is now traded at around $16.54. The impact to a portfolio due to this sale was -0.19%. Valley National Advisers Inc still held 5,654 shares as of 2018-03-31.

Valley National Advisers Inc reduced to a holding in Vanguard Short-Term Bond by 96.79%. The sale prices were between $78.21 and $79.06, with an estimated average price of $78.57. The stock is now traded at around $78.14. The impact to a portfolio due to this sale was -0.18%. Valley National Advisers Inc still held 185 shares as of 2018-03-31.

Valley National Advisers Inc reduced to a holding in PPG Industries Inc by 93.3%. The sale prices were between $109.48 and $121.47, with an estimated average price of $115.5. The stock is now traded at around $109.65. The impact to a portfolio due to this sale was -0.15%. Valley National Advisers Inc still held 228 shares as of 2018-03-31.