New Capital Management LP Buys BTC iShares TIPS Bond ETF, Vanguard Short-Term Bond ETF, BTC iShares International Dividend Growth ETF, Sells Apple Inc, BTC iShares Core MSCI Emerging Markets ETF, BTC iShares iBoxx USD Investment Grade Corporate B

• New Purchases: IGRO, VIGI, DGRO, VIG, V, GM, MKL, MDT, CMCSA, TRP, GBDC, GIM, PSX, GLPI, KHC, DOW, EMLP, VIA, VOD, RTX, USB, TOT, STX, WRK, RELL, MCY, IP, GIS,
• Added Positions: TIP, BSV, AGG, STIP, PEP, IAGG, WRI, ICF, SUSA, DIS, JNJ, WMT, MMM, VZ,
• Reduced Positions: AAPL, BRK.B, VT, IEMG, LQD, IWV, T, MO, PG, PM, IYR, XOM, IJH, VYM, XLU,
• Sold Out: RPG, XSLV,

For the details of New Capital Management LP's stock buys and sells, go to https://www.gurufocus.com/guru/new+capital+management+lp/current-portfolio/portfolio

1. Apple Inc (AAPL) - 60,693 shares, 41.72% of the total portfolio. Shares reduced by 23.59%
2. Berkshire Hathaway Inc (BRK.B) - 118,682 shares, 23.21% of the total portfolio. Shares reduced by 5.92%
3. PepsiCo Inc (PEP) - 62,288 shares, 4.40% of the total portfolio. Shares added by 6.28%
4. BTC iShares 0-5 Year TIPS Bond ETF (STIP) - 70,451 shares, 3.85% of the total portfolio. Shares added by 15.23%
5. BTC iShares TIPS Bond ETF (TIP) - 54,037 shares, 3.61% of the total portfolio. Shares added by 42.82%

New Capital Management LP initiated holding in BTC iShares International Dividend Growth ETF. The purchase prices were between $52.32 and $63.65, with an estimated average price of $58.91. The stock is now traded at around $64.730000. The impact to a portfolio due to this purchase was 0.74%. The holding were 22,441 shares as of 2020-12-31.

New Capital Management LP initiated holding in Vanguard International Dividend Appreciation ETF. The purchase prices were between $70.22 and $81.94, with an estimated average price of $76.87. The stock is now traded at around $84.120000. The impact to a portfolio due to this purchase was 0.72%. The holding were 16,917 shares as of 2020-12-31.

New Capital Management LP initiated holding in BTC iShares Core Dividend Growth ETF. The purchase prices were between $38.52 and $44.82, with an estimated average price of $42.35. The stock is now traded at around $45.760000. The impact to a portfolio due to this purchase was 0.71%. The holding were 30,160 shares as of 2020-12-31.

New Capital Management LP initiated holding in Vanguard Dividend Appreciation FTF. The purchase prices were between $125.74 and $141.17, with an estimated average price of $135.73. The stock is now traded at around $141.560000. The impact to a portfolio due to this purchase was 0.69%. The holding were 9,295 shares as of 2020-12-31.

New Capital Management LP initiated holding in Visa Inc. The purchase prices were between $180.87 and $218.73, with an estimated average price of $204.82. The stock is now traded at around $205.140000. The impact to a portfolio due to this purchase was 0.02%. The holding were 160 shares as of 2020-12-31.

New Capital Management LP initiated holding in General Motors Co. The purchase prices were between $30.4 and $46.46, with an estimated average price of $39.15. The stock is now traded at around $55.080000. The impact to a portfolio due to this purchase was 0.02%. The holding were 710 shares as of 2020-12-31.

New Capital Management LP added to a holding in BTC iShares TIPS Bond ETF by 42.82%. The purchase prices were between $124.65 and $127.65, with an estimated average price of $126.15. The stock is now traded at around $127.970000. The impact to a portfolio due to this purchase was 1.08%. The holding were 54,037 shares as of 2020-12-31.

New Capital Management LP added to a holding in Vanguard Short-Term Bond ETF by 43.82%. The purchase prices were between $82.47 and $82.9, with an estimated average price of $82.66. The stock is now traded at around $82.830000. The impact to a portfolio due to this purchase was 0.78%. The holding were 59,383 shares as of 2020-12-31.

New Capital Management LP added to a holding in BTC iShares Core U.S. Aggregate Bond ETF by 49.24%. The purchase prices were between $116.68 and $118.19, with an estimated average price of $117.49. The stock is now traded at around $117.250000. The impact to a portfolio due to this purchase was 0.67%. The holding were 32,926 shares as of 2020-12-31.

New Capital Management LP added to a holding in BTC iShares International Aggregate Bond Fund by 79.81%. The purchase prices were between $55.57 and $56.21, with an estimated average price of $55.88. The stock is now traded at around $55.870000. The impact to a portfolio due to this purchase was 0.19%. The holding were 14,761 shares as of 2020-12-31.

New Capital Management LP added to a holding in Weingarten Realty Investors by 97181.82%. The purchase prices were between $15.42 and $23.14, with an estimated average price of $19.72. The stock is now traded at around $22.540000. The impact to a portfolio due to this purchase was 0.12%. The holding were 10,701 shares as of 2020-12-31.

New Capital Management LP added to a holding in BTC iShares Cohen & Steers REIT ETF by 85.23%. The purchase prices were between $48.78 and $55.11, with an estimated average price of $52.65. The stock is now traded at around $53.830000. The impact to a portfolio due to this purchase was 0.07%. The holding were 5,670 shares as of 2020-12-31.

New Capital Management LP sold out a holding in Invesco S&P 500 Pure Growth ETF. The sale prices were between $139.19 and $162.93, with an estimated average price of $152.85.

New Capital Management LP sold out a holding in Invesco S&P SmallCap Low Volatility ETF. The sale prices were between $33.59 and $40.77, with an estimated average price of $37.43.