Smith, Salley & Associates Buys Boeing Co, Check Point Software Technologies, NXP Semiconductors NV, Sells Snap-on Inc, Nielsen Holdings PLC, New York Community Bancorp Inc

• New Purchases: BA, CHKP, NXPI, AVGO, HDV, MAN, BIIB, IWF, CVS, SBUX,
• Added Positions: T, GVI, AAPL, UTX, TJX, AMZN, UNP, AME, AGN, V,
• Reduced Positions: SNA, MSFT, EFA, AGG, AMNB, DUK, BBT, VFC, EMR, SKT,
• Sold Out: NLSN, NYCB, RHI, AIG, SJM, WHR, FCNCA,

For the details of Smith, Salley & Associates's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Smith%2C+Salley+%26+Associates

1. Microsoft Corp (MSFT) - 256,407 shares, 4.65% of the total portfolio. Shares reduced by 10.93%
2. Apple Inc (AAPL) - 95,447 shares, 3.42% of the total portfolio. Shares added by 2.65%
3. Berkshire Hathaway Inc (BRK.B) - 85,035 shares, 2.89% of the total portfolio. Shares added by 1.77%
4. JPMorgan Chase & Co (JPM) - 151,893 shares, 2.72% of the total portfolio. Shares added by 0.78%
5. Cisco Systems Inc (CSCO) - 341,248 shares, 2.63% of the total portfolio. Shares reduced by 0.36%

Smith, Salley & Associates initiated holding in Boeing Co. 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 $366.78. The impact to a portfolio due to this purchase was 0.83%. The holding were 14,126 shares as of 2018-09-30.

Smith, Salley & Associates initiated holding in Check Point Software Technologies Ltd. The purchase prices were between $99.34 and $120.5, with an estimated average price of $113.43. The stock is now traded at around $111.84. The impact to a portfolio due to this purchase was 0.65%. The holding were 34,980 shares as of 2018-09-30.

Smith, Salley & Associates initiated holding in NXP Semiconductors NV. The purchase prices were between $85.29 and $110.36, with an estimated average price of $96.04. The stock is now traded at around $84.54. The impact to a portfolio due to this purchase was 0.53%. The holding were 39,391 shares as of 2018-09-30.

Smith, Salley & Associates initiated holding in Broadcom Inc. The purchase prices were between $202.46 and $250.56, with an estimated average price of $224.38. The stock is now traded at around $228.25. The impact to a portfolio due to this purchase was 0.32%. The holding were 8,137 shares as of 2018-09-30.

Smith, Salley & Associates initiated holding in iShares Core High Dividend. The purchase prices were between $84.68 and $92.46, with an estimated average price of $88.62. The stock is now traded at around $90.27. The impact to a portfolio due to this purchase was 0.07%. The holding were 4,650 shares as of 2018-09-30.

Smith, Salley & Associates initiated holding in ManpowerGroup Inc. The purchase prices were between $84.05 and $94.46, with an estimated average price of $88.99. The stock is now traded at around $79.48. The impact to a portfolio due to this purchase was 0.06%. The holding were 4,551 shares as of 2018-09-30.

Smith, Salley & Associates added to a holding in AT&T Inc by 35.02%. The purchase prices were between $30.25 and $33.91, with an estimated average price of $32.43. The stock is now traded at around $30.80. The impact to a portfolio due to this purchase was 0.21%. The holding were 150,065 shares as of 2018-09-30.

Smith, Salley & Associates added to a holding in iShares Intermediate Government/Credit Bond by 51.83%. The purchase prices were between $107.11 and $108.07, with an estimated average price of $107.58. The stock is now traded at around $106.58. The impact to a portfolio due to this purchase was 0.21%. The holding were 35,902 shares as of 2018-09-30.

Smith, Salley & Associates added to a holding in Tyson Foods Inc by 82.01%. The purchase prices were between $57.55 and $67.29, with an estimated average price of $62.54. The stock is now traded at around $62.00. The impact to a portfolio due to this purchase was 0.03%. The holding were 6,234 shares as of 2018-09-30.

Smith, Salley & Associates added to a holding in Alphabet Inc by 23.33%. The purchase prices were between $1116.28 and $1285.5, with an estimated average price of $1209.62. The stock is now traded at around $1069.57. The impact to a portfolio due to this purchase was 0.02%. The holding were 682 shares as of 2018-09-30.

Smith, Salley & Associates added to a holding in iShares Core MSCI Emerging Markets by 23.91%. The purchase prices were between $49.8 and $54.37, with an estimated average price of $52.18. The stock is now traded at around $49.25. The impact to a portfolio due to this purchase was 0.02%. The holding were 14,647 shares as of 2018-09-30.

Smith, Salley & Associates added to a holding in Adobe Inc by 31.96%. The purchase prices were between $242.01 and $274.69, with an estimated average price of $257.68. The stock is now traded at around $240.56. The impact to a portfolio due to this purchase was 0.01%. The holding were 1,090 shares as of 2018-09-30.

Smith, Salley & Associates sold out a holding in Nielsen Holdings PLC. The sale prices were between $21.75 and $31.88, with an estimated average price of $26.92.

Smith, Salley & Associates sold out a holding in New York Community Bancorp Inc. The sale prices were between $10.26 and $11.67, with an estimated average price of $10.92.

Smith, Salley & Associates sold out a holding in Robert Half International Inc. The sale prices were between $65.22 and $79.64, with an estimated average price of $73.26.

Smith, Salley & Associates sold out a holding in American International Group Inc. The sale prices were between $52 and $55.56, with an estimated average price of $53.68.

Smith, Salley & Associates sold out a holding in Whirlpool Corp. The sale prices were between $118.75 and $155.77, with an estimated average price of $132.65.

Smith, Salley & Associates sold out a holding in JM Smucker Co. The sale prices were between $102.37 and $116.24, with an estimated average price of $109.21.