Papp L Roy & Associates Buys Becton, Dickinson and Co, Charles Schwab Corp, UMB Financial Corp, Sells Sherwin-Williams Co, Automatic Data Processing Inc, Schwab US Dividend Equity

• New Purchases: USB, DVN, APC, KRE, LLY, WWW, XOP, ZBRA,
• Added Positions: BDX, MMM, SCHW, UMBF, ROLL, PRAH, ADI, VTI, GMF, SEIC,
• Reduced Positions: SHW, ADP, V, SCHD, TROW, SCHB, SPY, BLK, GIS, MSFT,
• Sold Out: RKDA, RSP, VOO, SCHV, SRE, CAG, EL,

For the details of PAPP L ROY & ASSOCIATES's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PAPP+L+ROY+%26+ASSOCIATES

1. Accenture PLC (ACN) - 175,298 shares, 5.44% of the total portfolio. Shares reduced by 1.78%
2. BlackRock Inc (BLK) - 49,248 shares, 4.66% of the total portfolio. Shares reduced by 2.23%
3. Visa Inc (V) - 178,261 shares, 4.48% of the total portfolio. Shares reduced by 4.63%
4. Apple Inc (AAPL) - 116,908 shares, 4.11% of the total portfolio. Shares reduced by 0.84%
5. Microsoft Corp (MSFT) - 205,280 shares, 3.84% of the total portfolio. Shares reduced by 2.63%

Papp L Roy & Associates initiated holding in US Bancorp. The purchase prices were between $48.86 and $52.05, with an estimated average price of $50.76. The stock is now traded at around $53.48. The impact to a portfolio due to this purchase was 0.1%. The holding were 10,885 shares as of 2018-06-30.

Papp L Roy & Associates initiated holding in Devon Energy Corp. The purchase prices were between $30.35 and $43.96, with an estimated average price of $38.7. The stock is now traded at around $42.07. The impact to a portfolio due to this purchase was 0.05%. The holding were 5,675 shares as of 2018-06-30.

Papp L Roy & Associates initiated holding in Eli Lilly and Co. The purchase prices were between $75.7 and $86.88, with an estimated average price of $82.09. The stock is now traded at around $102.19. The impact to a portfolio due to this purchase was 0.04%. The holding were 2,381 shares as of 2018-06-30.

Papp L Roy & Associates initiated holding in Zebra Technologies Corp. The purchase prices were between $133.12 and $160.94, with an estimated average price of $147.17. The stock is now traded at around $161.94. The impact to a portfolio due to this purchase was 0.04%. The holding were 1,500 shares as of 2018-06-30.

Papp L Roy & Associates initiated holding in Anadarko Petroleum Corp. The purchase prices were between $58.17 and $74.33, with an estimated average price of $67.75. The stock is now traded at around $66.06. The impact to a portfolio due to this purchase was 0.04%. The holding were 2,850 shares as of 2018-06-30.

Papp L Roy & Associates initiated holding in Wolverine World Wide Inc. The purchase prices were between $28.06 and $36.75, with an estimated average price of $32.38. The stock is now traded at around $37.68. The impact to a portfolio due to this purchase was 0.04%. The holding were 6,500 shares as of 2018-06-30.

Papp L Roy & Associates added to a holding in Becton, Dickinson and Co by 29.14%. The purchase prices were between $213.3 and $239.7, with an estimated average price of $228.26. The stock is now traded at around $251.50. The impact to a portfolio due to this purchase was 0.19%. The holding were 18,242 shares as of 2018-06-30.

Papp L Roy & Associates added to a holding in Charles Schwab Corp by 32.36%. The purchase prices were between $50.11 and $59.59, with an estimated average price of $55.39. The stock is now traded at around $50.73. The impact to a portfolio due to this purchase was 0.13%. The holding were 56,693 shares as of 2018-06-30.

Papp L Roy & Associates added to a holding in UMB Financial Corp by 73.72%. The purchase prices were between $70.79 and $79.91, with an estimated average price of $76.86. The stock is now traded at around $74.70. The impact to a portfolio due to this purchase was 0.11%. The holding were 16,988 shares as of 2018-06-30.

Papp L Roy & Associates added to a holding in RBC Bearings Inc by 76.89%. The purchase prices were between $113.15 and $132.12, with an estimated average price of $124.1. The stock is now traded at around $140.00. The impact to a portfolio due to this purchase was 0.07%. The holding were 6,722 shares as of 2018-06-30.

Papp L Roy & Associates added to a holding in Vanguard Total Stock Market by 52.88%. The purchase prices were between $132.63 and $144.42, with an estimated average price of $139.53. The stock is now traded at around $147.17. The impact to a portfolio due to this purchase was 0.04%. The holding were 4,030 shares as of 2018-06-30.

Papp L Roy & Associates added to a holding in SPDR S&P Emerging Asia Pacific by 26.67%. The purchase prices were between $97.74 and $108.32, with an estimated average price of $104.76. The stock is now traded at around $101.21. The impact to a portfolio due to this purchase was 0.02%. The holding were 4,370 shares as of 2018-06-30.

Papp L Roy & Associates sold out a holding in Invesco S&P 500 Equal Weight. The sale prices were between $97.3 and $104.54, with an estimated average price of $101.37.

Papp L Roy & Associates sold out a holding in Arcadia Biosciences Inc. The sale prices were between $7.78 and $31, with an estimated average price of $13.7.

Papp L Roy & Associates sold out a holding in Vanguard S&P 500. The sale prices were between $236.48 and $256.33, with an estimated average price of $248.26.

Papp L Roy & Associates sold out a holding in Schwab U.S. Large-Cap Value. The sale prices were between $51.64 and $54.78, with an estimated average price of $53.53.

Papp L Roy & Associates sold out a holding in Sempra Energy. The sale prices were between $100.71 and $117.19, with an estimated average price of $109.43.

Papp L Roy & Associates sold out a holding in The Estee Lauder Companies Inc. The sale prices were between $132.59 and $158.03, with an estimated average price of $147.98.