Arrow Financial Corp Buys iShares Trust, SPDR Series Trust Portfolio S&P 500 Growth, Boeing Co, Sells AbbVie Inc, 3M Co, Starbucks Corp

• New Purchases: SPYG, JBHT, ALXN, SDOG, TMUS, VUG, ISRG, HE, FVD, PHG,
• Added Positions: CSJ, IJR, BA, MDT, RTN, CAT, IWM, BIIB, APC, IVE,
• Reduced Positions: ABBV, AROW, AMZN, MMM, SBUX, CMI, SLB, CRM, CHKP, T,
• Sold Out: SLV, BC, CPK, DDD, HOG, MBUU, SWK, TRST,

For the details of ARROW FINANCIAL CORP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=ARROW+FINANCIAL+CORP

1. Arrow Financial Corp (AROW) - 1,421,473 shares, 11.07% of the total portfolio. Shares reduced by 2.31%
2. Amazon.com Inc (AMZN) - 9,300 shares, 3.92% of the total portfolio. Shares reduced by 5%
3. iShares MSCI Emerging Index Fund (EEM) - 432,554 shares, 3.91% of the total portfolio. Shares reduced by 0.16%
4. Apple Inc (AAPL) - 80,773 shares, 3.84% of the total portfolio. Shares added by 0.27%
5. Microsoft Corp (MSFT) - 120,291 shares, 2.89% of the total portfolio. Shares added by 1.10%

Arrow Financial Corp initiated holding in SPDR Series Trust Portfolio S&P 500 Growth. The purchase prices were between $35.06 and $38.26, with an estimated average price of $37.12. The stock is now traded at around $35.87. The impact to a portfolio due to this purchase was 0.14%. The holding were 17,192 shares as of 2018-09-30.

Arrow Financial Corp initiated holding in JB Hunt Transport Services Inc. The purchase prices were between $117.08 and $127.44, with an estimated average price of $121.7. The stock is now traded at around $113.93. The impact to a portfolio due to this purchase was 0.1%. The holding were 4,000 shares as of 2018-09-30.

Arrow Financial Corp initiated holding in Alexion Pharmaceuticals Inc. The purchase prices were between $115.32 and $139.01, with an estimated average price of $125.44. The stock is now traded at around $123.99. The impact to a portfolio due to this purchase was 0.06%. The holding were 2,000 shares as of 2018-09-30.

Arrow Financial Corp initiated holding in ALPS Sector Dividend Dogs. The purchase prices were between $44.31 and $46.68, with an estimated average price of $45.76. The stock is now traded at around $45.05. The impact to a portfolio due to this purchase was 0.05%. The holding were 4,688 shares as of 2018-09-30.

Arrow Financial Corp initiated holding in T-Mobile US Inc. The purchase prices were between $58.36 and $70.49, with an estimated average price of $64.26. The stock is now traded at around $66.63. The impact to a portfolio due to this purchase was 0.04%. The holding were 2,500 shares as of 2018-09-30.

Arrow Financial Corp initiated holding in Vanguard Growth. The purchase prices were between $149.36 and $161.48, with an estimated average price of $156.91. The stock is now traded at around $150.32. The impact to a portfolio due to this purchase was 0.02%. The holding were 556 shares as of 2018-09-30.

Arrow Financial Corp added to a holding in iShares Trust by 95.40%. 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 0.27%. The holding were 50,994 shares as of 2018-09-30.

Arrow Financial Corp added to a holding in Boeing Co by 70.95%. The purchase prices were between $331.76 and $372.23, with an estimated average price of $351.3. The stock is now traded at around $367.47. The impact to a portfolio due to this purchase was 0.13%. The holding were 4,120 shares as of 2018-09-30.

Arrow Financial Corp added to a holding in Medtronic PLC by 103.45%. The purchase prices were between $85.91 and $99.17, with an estimated average price of $92.45. The stock is now traded at around $95.07. The impact to a portfolio due to this purchase was 0.12%. The holding were 11,131 shares as of 2018-09-30.

Arrow Financial Corp added to a holding in Raytheon Co by 75.52%. The purchase prices were between $192.43 and $207.9, with an estimated average price of $199.07. The stock is now traded at around $197.60. The impact to a portfolio due to this purchase was 0.11%. The holding were 5,901 shares as of 2018-09-30.

Arrow Financial Corp added to a holding in iShares Russell 2000 by 75.92%. The purchase prices were between $164.2 and $173.02, with an estimated average price of $168.83. The stock is now traded at around $156.56. The impact to a portfolio due to this purchase was 0.1%. The holding were 6,581 shares as of 2018-09-30.

Arrow Financial Corp added to a holding in Caterpillar Inc by 58.82%. The purchase prices were between $132.02 and $156.38, with an estimated average price of $141.45. The stock is now traded at around $143.72. The impact to a portfolio due to this purchase was 0.1%. The holding were 8,130 shares as of 2018-09-30.

Arrow Financial Corp sold out a holding in iShares Silver Trust. The sale prices were between $13.23 and $15.17, with an estimated average price of $14.11.

Arrow Financial Corp sold out a holding in Harley-Davidson Inc. The sale prices were between $41 and $45.44, with an estimated average price of $43.4.

Arrow Financial Corp sold out a holding in Malibu Boats Inc. The sale prices were between $37.07 and $54.72, with an estimated average price of $44.44.

Arrow Financial Corp sold out a holding in Stanley Black & Decker Inc. The sale prices were between $131.84 and $154.36, with an estimated average price of $142.28.

Arrow Financial Corp sold out a holding in Brunswick Corp. The sale prices were between $62.33 and $69.22, with an estimated average price of $66.2.

Arrow Financial Corp sold out a holding in Chesapeake Utilities Corp. The sale prices were between $81 and $90.65, with an estimated average price of $84.99.

Arrow Financial Corp reduced to a holding in AbbVie Inc by 57.85%. The sale prices were between $88.91 and $98.84, with an estimated average price of $94.83. The stock is now traded at around $93.08. The impact to a portfolio due to this sale was -0.27%. Arrow Financial Corp still held 9,491 shares as of 2018-09-30.

Arrow Financial Corp reduced to a holding in 3M Co by 35.89%. The sale prices were between $195.52 and $216.33, with an estimated average price of $206.01. The stock is now traded at around $202.15. The impact to a portfolio due to this sale was -0.19%. Arrow Financial Corp still held 7,698 shares as of 2018-09-30.

Arrow Financial Corp reduced to a holding in Starbucks Corp by 34.72%. The sale prices were between $48.61 and $57.45, with an estimated average price of $52.87. The stock is now traded at around $56.01. The impact to a portfolio due to this sale was -0.18%. Arrow Financial Corp still held 30,556 shares as of 2018-09-30.