Verus Financial Partners, Inc. Buys Vanguard Total Stock Market, Sells Albemarle Corp, Cintas Corp, 3M Co – GuruFocus.com

This Article Was Originally From This Site

Richmond, VA, based Investment company Verus Financial Partners, Inc. buys Vanguard Total Stock Market, sells Albemarle Corp, Cintas Corp, 3M Co, Costco Wholesale Corp, Cisco Systems Inc during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, Verus Financial Partners, Inc.. As of 2017-06-30, Verus Financial Partners, Inc. owns 45 stocks with a total value of $248 million. These are the details of the buys and sells.

For the details of Verus Financial Partners, Inc.’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Verus+Financial+Partners%2C+Inc.

These are the top 5 holdings of Verus Financial Partners, Inc.

  1. Vanguard Total Bond Market (BND) – 731,611 shares, 24.16% of the total portfolio. Shares added by 2.10%
  2. Vanguard Total Stock Market (VTI) – 391,737 shares, 19.67% of the total portfolio. Shares added by 30.79%
  3. Vanguard Mega Cap (MGC) – 448,911 shares, 15.01% of the total portfolio. Shares reduced by 16.36%
  4. Vanguard Large-Cap ETF – DNQ (VV) – 271,602 shares, 12.17% of the total portfolio. Shares reduced by 0.37%
  5. iShares Core S&P 500 (IVV) – 95,180 shares, 9.35% of the total portfolio. Shares reduced by 13%

Added: Vanguard Total Stock Market (VTI)

Verus Financial Partners, Inc. added to the holdings in Vanguard Total Stock Market by 30.79%. The purchase prices were between $119.55 and $126.27, with an estimated average price of $123.16. The stock is now traded at around $126.86. The impact to the portfolio due to this purchase was 4.63%. The holdings were 391,737 shares as of 2017-06-30.

Sold Out: Albemarle Corp (ALB)

Verus Financial Partners, Inc. sold out the holdings in Albemarle Corp. The sale prices were between $103.62 and $115.4, with an estimated average price of $108.75.

Sold Out: Cintas Corp (CTAS)

Verus Financial Partners, Inc. sold out the holdings in Cintas Corp. The sale prices were between $120.17 and $131.35, with an estimated average price of $124.44.

Sold Out: 3M Co (MMM)

Verus Financial Partners, Inc. sold out the holdings in 3M Co. The sale prices were between $188.65 and $213.36, with an estimated average price of $199.74.

Sold Out: Costco Wholesale Corp (COST)

Verus Financial Partners, Inc. sold out the holdings in Costco Wholesale Corp. The sale prices were between $157.13 and $182.45, with an estimated average price of $172.43.

Sold Out: Cisco Systems Inc (CSCO)

Verus Financial Partners, Inc. sold out the holdings in Cisco Systems Inc. The sale prices were between $31.21 and $34.39, with an estimated average price of $32.62.

Sold Out: Bristol-Myers Squibb Company (BMY)

Verus Financial Partners, Inc. sold out the holdings in Bristol-Myers Squibb Company. The sale prices were between $51.66 and $57.33, with an estimated average price of $54.38.

Reduced: UDR Inc (UDR)

Verus Financial Partners, Inc. reduced to the holdings in UDR Inc by 38.65%. The sale prices were between $35.97 and $40.49, with an estimated average price of $38.03. The stock is now traded at around $39.32. The impact to the portfolio due to this sale was -0.07%. Verus Financial Partners, Inc. still held 7,848 shares as of 2017-06-30.

Here is the complete portfolio of Verus Financial Partners, Inc.. Also check out:

1. Verus Financial Partners, Inc.’s Undervalued Stocks
2. Verus Financial Partners, Inc.’s Top Growth Companies, and
3. Verus Financial Partners, Inc.’s High Yield stocks
4. Stocks that Verus Financial Partners, Inc. keeps buying

This Article Was Originally From *This Site*