NewFocus Financial Group, LLC Buys iShares California Muni Bond, iShares National Muni Bond, Vanguard Short-Term Government Bond ETF, Sells WisdomTree U.S. MidCap Dividend Fund, Vanguard Small-Cap Value, SPDR S&P 600 Small Cap Growth ETF (based on S&P Sm

• New Purchases: VGSH, VOO, QCOM, PSX, IPG, STLD, SHY, AVGO, ROST, ABT, MDT, MMM, TROW, LQD, TPL, IJS, PFF,
• Added Positions: CMF, MUB, IJR, RTX, VUG, V, VIG, MGV, CVS, HON, SPEM, NOC, AGG, CSX, CMI, GRMN, SYK, HD, DGX, IJH, GIS, JPM, BLK, GD, IEFA, IVV, JNJ, WPC, TSN, SYY, QQQ, SPY, CWB, TJX, AMZN, GBF, VCSH, INTC,
• Reduced Positions: VBR, SLYG, SCHD, SCHF, SCHE, EFG, IVW, CTAS, VB, SCHA, BDX, EEM, AAPL, MCD, GWW, DOV, MSFT, IUSV, XLK, BNDX, UNH, VLUE, LASR, IJK, VEU, IWM, VTV, PEP, MDY, VHT, LOW, VO, FB, BABA, GOOGL, VWO, COST,
• Sold Out: DON, IEMG,

For the details of NewFocus Financial Group, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/newfocus+financial+group%2C+llc/current-portfolio/portfolio

1. Apple Inc (AAPL) - 71,536 shares, 9.42% of the total portfolio. Shares reduced by 2.27%
2. iShares California Muni Bond (CMF) - 319,657 shares, 7.17% of the total portfolio. Shares added by 376.18%
3. Vanguard Div Appreciation (VIG) - 158,183 shares, 6.69% of the total portfolio. Shares added by 4.56%
4. Microsoft Corp (MSFT) - 58,718 shares, 4.31% of the total portfolio. Shares reduced by 1.98%
5. iShares Core S&P 500 (IVV) - 32,914 shares, 3.68% of the total portfolio. Shares added by 1.10%

NewFocus Financial Group, LLC initiated holding in Vanguard Short-Term Government Bond ETF. The purchase prices were between $62.08 and $62.34, with an estimated average price of $62.22. The stock is now traded at around $62.17. The impact to a portfolio due to this purchase was 1.26%. The holding were 56,093 shares as of .

NewFocus Financial Group, LLC initiated holding in Vanguard S&P 500. The purchase prices were between $226.15 and $297.17, with an estimated average price of $268.51. The stock is now traded at around $298.63. The impact to a portfolio due to this purchase was 0.67%. The holding were 6,522 shares as of .

NewFocus Financial Group, LLC initiated holding in Qualcomm Inc. The purchase prices were between $65.23 and $91.37, with an estimated average price of $79.85. The stock is now traded at around $92.31. The impact to a portfolio due to this purchase was 0.59%. The holding were 17,955 shares as of .

NewFocus Financial Group, LLC initiated holding in Phillips 66. The purchase prices were between $49.51 and $89.73, with an estimated average price of $70.48. The stock is now traded at around $66.42. The impact to a portfolio due to this purchase was 0.45%. The holding were 17,191 shares as of .

NewFocus Financial Group, LLC initiated holding in Steel Dynamics Inc. The purchase prices were between $20.98 and $29.58, with an estimated average price of $24.95. The stock is now traded at around $27.06. The impact to a portfolio due to this purchase was 0.43%. The holding were 45,156 shares as of .

NewFocus Financial Group, LLC initiated holding in The Interpublic Group of Companies Inc. The purchase prices were between $13.58 and $20.23, with an estimated average price of $16.48. The stock is now traded at around $17.68. The impact to a portfolio due to this purchase was 0.43%. The holding were 69,075 shares as of .

NewFocus Financial Group, LLC added to a holding in iShares California Muni Bond by 376.18%. The purchase prices were between $58.7 and $62.19, with an estimated average price of $61.09. The stock is now traded at around $62.67. The impact to a portfolio due to this purchase was 5.66%. The holding were 319,657 shares as of .

NewFocus Financial Group, LLC added to a holding in iShares National Muni Bond by 1097.08%. The purchase prices were between $109.93 and $115.44, with an estimated average price of $113.52. The stock is now traded at around $116.31. The impact to a portfolio due to this purchase was 1.41%. The holding were 36,870 shares as of .

NewFocus Financial Group, LLC added to a holding in iShares Core S&P Small-Cap by 132.63%. The purchase prices were between $50.81 and $75.28, with an estimated average price of $62.85. The stock is now traded at around $70.69. The impact to a portfolio due to this purchase was 0.74%. The holding were 52,833 shares as of .

NewFocus Financial Group, LLC added to a holding in Raytheon Technologies Corp by 69.22%. The purchase prices were between $49.93 and $74.16, with an estimated average price of $62.35. The stock is now traded at around $63.05. The impact to a portfolio due to this purchase was 0.7%. The holding were 76,474 shares as of .

NewFocus Financial Group, LLC added to a holding in Vanguard Growth by 207.72%. The purchase prices were between $149.64 and $204.01, with an estimated average price of $183.93. The stock is now traded at around $214.78. The impact to a portfolio due to this purchase was 0.45%. The holding were 9,247 shares as of .

NewFocus Financial Group, LLC added to a holding in Visa Inc by 333.58%. The purchase prices were between $151.85 and $200.48, with an estimated average price of $182.35. The stock is now traded at around $196.48. The impact to a portfolio due to this purchase was 0.37%. The holding were 6,946 shares as of .

NewFocus Financial Group, LLC sold out a holding in WisdomTree U.S. MidCap Dividend Fund. The sale prices were between $22.11 and $31.95, with an estimated average price of $26.83.

NewFocus Financial Group, LLC sold out a holding in iShares Core MSCI Emerging Markets. The sale prices were between $38.47 and $48.81, with an estimated average price of $44.24.