Private Asset Management Inc Buys NXP Semiconductors NV, Axos Financial Inc, iShares Core S&P Mid-Cap, Sells General Electric Co, China Mobile, PIMCO CA Muni Income Fund II

• New Purchases: BB4, PFF, QLD, IVV, LOW, RPM, SCHG, WM,
• Added Positions: NXPI, SCHW, T, IJH, BP, BABA, BRK.B, VZ, HD, RTN,
• Reduced Positions: GE, IBM, AAPL, JPM, KMI, FLR, MU, HLM.PR.PFD, RIG, PCK,
• Sold Out: CHL, EQT, NAC,

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

1. Qualcomm Inc (QCOM) - 645,351 shares, 7.44% of the total portfolio. Shares reduced by 0.21%
2. Bank of America Corporation (BAC) - 783,971 shares, 3.69% of the total portfolio. Shares added by 0.84%
3. Apple Inc (AAPL) - 94,746 shares, 3.42% of the total portfolio. Shares reduced by 2.32%
4. Pfizer Inc (PFE) - 478,348 shares, 3.37% of the total portfolio. Shares reduced by 0.09%
5. JPMorgan Chase & Co (JPM) - 182,933 shares, 3.3% of the total portfolio. Shares reduced by 1.97%

Private Asset Management Inc initiated holding in Axos Financial Inc. The purchase prices were between $30.73 and $36.57, with an estimated average price of $33.49. The stock is now traded at around $31.03. The impact to a portfolio due to this purchase was 0.16%. The holding were 29,732 shares as of 2018-09-30.

Private Asset Management Inc initiated holding in iShares U.S. Preferred Stock ETF. The purchase prices were between $37.02 and $38, with an estimated average price of $37.53. The stock is now traded at around $36.58. The impact to a portfolio due to this purchase was 0.06%. The holding were 10,000 shares as of 2018-09-30.

Private Asset Management Inc initiated holding in ProShares Ultra QQQ. The purchase prices were between $85.71 and $101.71, with an estimated average price of $95.58. The stock is now traded at around $100.54. The impact to a portfolio due to this purchase was 0.04%. The holding were 2,300 shares as of 2018-09-30.

Private Asset Management Inc initiated holding in iShares Core S&P 500. The purchase prices were between $272.73 and $295.76, with an estimated average price of $286.69. The stock is now traded at around $293.75. The impact to a portfolio due to this purchase was 0.03%. The holding were 711 shares as of 2018-09-30.

Private Asset Management Inc initiated holding in Waste Management Inc. The purchase prices were between $81.49 and $92.51, with an estimated average price of $88.67. The stock is now traded at around $89.93. The impact to a portfolio due to this purchase was 0.03%. The holding were 2,266 shares as of 2018-09-30.

Private Asset Management Inc initiated holding in Lowe's Companies Inc. The purchase prices were between $94.87 and $116.84, with an estimated average price of $104.19. The stock is now traded at around $112.59. The impact to a portfolio due to this purchase was 0.03%. The holding were 1,862 shares as of 2018-09-30.

Private Asset Management Inc added to a holding in NXP Semiconductors NV by 562.01%. The purchase prices were between $85.29 and $110.36, with an estimated average price of $95.91. The stock is now traded at around $85.08. The impact to a portfolio due to this purchase was 0.37%. The holding were 31,280 shares as of 2018-09-30.

Private Asset Management Inc added to a holding in iShares Core S&P Mid-Cap by 24.62%. The purchase prices were between $194.86 and $204.98, with an estimated average price of $200.94. The stock is now traded at around $198.95. The impact to a portfolio due to this purchase was 0.11%. The holding were 17,105 shares as of 2018-09-30.

Private Asset Management Inc added to a holding in Verizon Communications Inc by 22.67%. The purchase prices were between $50.42 and $54.97, with an estimated average price of $52.93. The stock is now traded at around $54.39. The impact to a portfolio due to this purchase was 0.08%. The holding were 48,722 shares as of 2018-09-30.

Private Asset Management Inc added to a holding in SPDR Select Sector Fund - Technology by 24.03%. The purchase prices were between $69.26 and $75.77, with an estimated average price of $73.32. The stock is now traded at around $75.68. The impact to a portfolio due to this purchase was 0.03%. The holding were 11,029 shares as of 2018-09-30.

Private Asset Management Inc added to a holding in iShares Trust by 100.00%. The purchase prices were between $103.5 and $103.71, with an estimated average price of $103.63. The stock is now traded at around $103.71. The impact to a portfolio due to this purchase was 0.03%. The holding were 5,550 shares as of 2018-09-30.

Private Asset Management Inc added to a holding in SPDR Select Sector Fund - Health Care by 57.32%. The purchase prices were between $83.72 and $95.15, with an estimated average price of $90.28. The stock is now traded at around $95.55. The impact to a portfolio due to this purchase was 0.03%. The holding were 5,182 shares as of 2018-09-30.

Private Asset Management Inc sold out a holding in China Mobile Ltd. The sale prices were between $43.46 and $48.93, with an estimated average price of $46.21.

Private Asset Management Inc sold out a holding in EQT Corp. The sale prices were between $44.23 and $56.89, with an estimated average price of $50.7.

Private Asset Management Inc sold out a holding in Nuveen California Quality Municipal Income Fund. The sale prices were between $12.84 and $13.52, with an estimated average price of $13.35.

Private Asset Management Inc reduced to a holding in General Electric Co by 49.33%. The sale prices were between $11.27 and $14.17, with an estimated average price of $12.86. The stock is now traded at around $12.32. The impact to a portfolio due to this sale was -0.34%. Private Asset Management Inc still held 147,249 shares as of 2018-09-30.

Private Asset Management Inc reduced to a holding in PIMCO CA Muni Income Fund II by 53.33%. The sale prices were between $8.21 and $8.85, with an estimated average price of $8.42. The stock is now traded at around $8.47. The impact to a portfolio due to this sale was -0.05%. Private Asset Management Inc still held 28,000 shares as of 2018-09-30.

Private Asset Management Inc reduced to a holding in Transocean Ltd by 57.9%. The sale prices were between $10.65 and $14.08, with an estimated average price of $12.42. The stock is now traded at around $13.98. The impact to a portfolio due to this sale was -0.05%. Private Asset Management Inc still held 16,490 shares as of 2018-09-30.

Private Asset Management Inc reduced to a holding in Hillman Group Capital Trust by 27.33%. The sale prices were between $30 and $31.84, with an estimated average price of $30.49. The stock is now traded at around $30.15. The impact to a portfolio due to this sale was -0.05%. Private Asset Management Inc still held 23,401 shares as of 2018-09-30.

Private Asset Management Inc reduced to a holding in PIMCO CA Muni Income Fund III by 40.87%. The sale prices were between $10.06 and $10.92, with an estimated average price of $10.59. The stock is now traded at around $10.19. The impact to a portfolio due to this sale was -0.03%. Private Asset Management Inc still held 23,000 shares as of 2018-09-30.

Private Asset Management Inc reduced to a holding in Dreyfus Strategic Municipal Bond Fund by 21.28%. The sale prices were between $7.28 and $7.61, with an estimated average price of $7.52. The stock is now traded at around $7.30. The impact to a portfolio due to this sale was -0.01%. Private Asset Management Inc still held 37,000 shares as of 2018-09-30.