Paragon Capital Management Ltd Buys Invesco S&P 500 Quality, Vanguard Tax-Exempt Bond, Invesco S&P 500 Pure Value, Sells Apple Inc, iShares National Muni Bond, Pfizer Inc

• New Purchases: SPHQ, RPV, IFGL, USMV, USRT, IWD, FB, XEC, NUE, USB, CFR, MGP,
• Added Positions: VTEB, EFA, BND, TAP, VNQ, SPY, WRK, EMN, STLD, CMCSA, HD, CSCO, EPD,
• Reduced Positions: MUB, AGG, VEA, NOBL, VNQI, CL, VTV, IWN, VGIT, GIS, JNJ, MET, PG, STT, VZ, PSX,
• Sold Out: AAPL, PFE, AMGN, MMM, TGT, ABT, JPM, T, MDY, KO, CEQP, ORCL, BA, MRK, MCD, WDC, PHM, ALL, BDX, HIG, SNX, TSN, AMP, BAC, RS, TKR, UNH, COTY, AXP, COF, DHI, FITB, KEY, SF, SC, CFG, DFJ, AIG, XOM, FNB, FHN, HWC, HBAN, MPW, BPOP, PFG, RF, SNV, THO, PAG, ZION, OC, FAF, AMAT, ARCC, CVX, CNO, CPA, PACW, KIM, LEN, MAN, PNFP, SYY, HOMB, PDM, SBRA, VER, TFI, BAX, BWA, CATY, CMA, RE, HST, HUN, LNC, ORI, PBCT, PRU, TOL, UMPQ, VLO, LEA, LYB, APLE, IVZ, AVT, CNA, CCL, PSEC, UNM, RLJ, NRZ, AEL, NLY, FFBC, WLK, ARI, PBF, AMG, ABEV, HON, RTN, VTI, CTL, KLAC, ROK, X, NCA,

For the details of Paragon Capital Management Ltd's stock buys and sells, go to https://www.gurufocus.com/guru/paragon+capital+management+ltd/current-portfolio/portfolio

1. Vanguard Div Appreciation (VIG) - 424,980 shares, 26.53% of the total portfolio. Shares reduced by 0.83%
2. Invesco S&P 500 Quality (SPHQ) - 1,167,013 shares, 21.09% of the total portfolio. New Position
3. ProShares S&P 500 Dividend Aristocrats (NOBL) - 224,491 shares, 7.82% of the total portfolio. Shares reduced by 2.42%
4. Microsoft Corp (MSFT) - 77,712 shares, 7.40% of the total portfolio. Shares reduced by 0.54%
5. SPDR S&P 500 (SPY) - 24,953 shares, 3.88% of the total portfolio. Shares added by 1.83%

Paragon Capital Management Ltd initiated holding in Invesco S&P 500 Quality. The purchase prices were between $25.73 and $37.86, with an estimated average price of $34.93. The stock is now traded at around $34.07. The impact to a portfolio due to this purchase was 21.09%. The holding were 1,167,013 shares as of .

Paragon Capital Management Ltd initiated holding in Invesco S&P 500 Pure Value. The purchase prices were between $33.9 and $69.6, with an estimated average price of $59.68. The stock is now traded at around $47.50. The impact to a portfolio due to this purchase was 0.37%. The holding were 15,541 shares as of .

Paragon Capital Management Ltd initiated holding in iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. The purchase prices were between $18.34 and $30.76, with an estimated average price of $27.99. The stock is now traded at around $22.77. The impact to a portfolio due to this purchase was 0.29%. The holding were 22,255 shares as of .

Paragon Capital Management Ltd initiated holding in iShares Edge MSCI Min Vol USA. The purchase prices were between $46.61 and $69.67, with an estimated average price of $63.87. The stock is now traded at around $59.97. The impact to a portfolio due to this purchase was 0.2%. The holding were 6,090 shares as of .

Paragon Capital Management Ltd initiated holding in iShares Core U.S. REIT. The purchase prices were between $32.36 and $58.18, with an estimated average price of $51.56. The stock is now traded at around $43.18. The impact to a portfolio due to this purchase was 0.19%. The holding were 8,012 shares as of .

Paragon Capital Management Ltd initiated holding in iShares Russell 1000 Value. The purchase prices were between $84.45 and $137.35, with an estimated average price of $123.65. The stock is now traded at around $112.81. The impact to a portfolio due to this purchase was 0.17%. The holding were 2,780 shares as of .

Paragon Capital Management Ltd added to a holding in Vanguard Tax-Exempt Bond by 1189.14%. The purchase prices were between $45.81 and $55.19, with an estimated average price of $53.67. The stock is now traded at around $52.22. The impact to a portfolio due to this purchase was 2.57%. The holding were 87,507 shares as of .

Paragon Capital Management Ltd added to a holding in iShares MSCI EAFE by 40.85%. The purchase prices were between $46.5 and $70.38, with an estimated average price of $63.47. The stock is now traded at around $57.77. The impact to a portfolio due to this purchase was 0.26%. The holding were 27,303 shares as of .

Paragon Capital Management Ltd added to a holding in Vanguard Total Bond Market ETF by 50.87%. The purchase prices were between $80.15 and $87.76, with an estimated average price of $84.6. The stock is now traded at around $87.58. The impact to a portfolio due to this purchase was 0.18%. The holding were 10,389 shares as of .

Paragon Capital Management Ltd added to a holding in Molson Coors Beverage Co by 46.02%. The purchase prices were between $34.56 and $58.05, with an estimated average price of $50.88. The stock is now traded at around $46.17. The impact to a portfolio due to this purchase was 0.1%. The holding were 13,302 shares as of .

Paragon Capital Management Ltd added to a holding in WestRock Co by 28.90%. The purchase prices were between $22.08 and $43.68, with an estimated average price of $36.24. The stock is now traded at around $34.15. The impact to a portfolio due to this purchase was 0.04%. The holding were 9,776 shares as of .

Paragon Capital Management Ltd added to a holding in Steel Dynamics Inc by 21.83%. The purchase prices were between $15.5 and $34.04, with an estimated average price of $27.58. The stock is now traded at around $25.89. The impact to a portfolio due to this purchase was 0.02%. The holding were 9,394 shares as of .

Paragon Capital Management Ltd sold out a holding in Apple Inc. The sale prices were between $224.37 and $327.2, with an estimated average price of $295.01.

Paragon Capital Management Ltd sold out a holding in Pfizer Inc. The sale prices were between $28.49 and $40.71, with an estimated average price of $36.04.

Paragon Capital Management Ltd sold out a holding in Amgen Inc. The sale prices were between $182.24 and $241.7, with an estimated average price of $219.21.

Paragon Capital Management Ltd sold out a holding in 3M Co. The sale prices were between $117.87 and $181.37, with an estimated average price of $158.06.

Paragon Capital Management Ltd sold out a holding in Target Corp. The sale prices were between $91.04 and $128.21, with an estimated average price of $111.48.

Paragon Capital Management Ltd sold out a holding in Abbott Laboratories. The sale prices were between $62.82 and $91.86, with an estimated average price of $83.67.