Bank of Marin Buys Vanguard Communication Services, Alibaba Group Holding, Vanguard Small-Cap, Sells Bank of Marin Bancorp, Vanguard Total Stock Market, The Communication Services Select Sector SPDR Fund

• New Purchases: BABA, VB, NOC, WWD, CTLT, TWTR, PANW, ARKG, SCHD,
• Added Positions: VOX, VO, MSFT, JNJ, BLL, BRK.B, VNQ, TIP, PTC, IQV, APTV, CCK, SIVB, MCD, IBM, VOO, HON, ABT, VWO, PEP, WABC, DIS, DHR, MLM, KEYS, PGR, AGG, ELAN, GOOGL, AON, MRK, EFA, TD, RTX,
• Reduced Positions: VTI, XLC, BAC, CVX, EQIX, ADBE, COST, SBUX, NYT, IUSV, GWRE, CCC, INFO, FISV, QQQ, NEE, TMO, MMM, VDE, PYPL, XLV, PFE, HWM, SCHO, XLF, VV, VZ, XLI, ECL, ZTS,
• Sold Out: BMRC, INST, HXL, BA, IJH, UHAL, IJR, XOM, ANET, IWF, VFH, MS, EEM, AXP, XLE,

For the details of Bank of Marin's stock buys and sells, go to https://www.gurufocus.com/guru/bank+of+marin/current-portfolio/portfolio

1. Microsoft Corp (MSFT) - 28,565 shares, 6.16% of the total portfolio. Shares added by 10.07%
2. Vanguard S&P 500 (VOO) - 9,401 shares, 3.05% of the total portfolio. Shares added by 1.84%
3. SPDR Select Sector Fund - Technology (XLK) - 25,195 shares, 2.77% of the total portfolio. Shares reduced by 0.37%
4. Apple Inc (AAPL) - 7,803 shares, 2.71% of the total portfolio. Shares reduced by 0.29%
5. PowerShares QQQ Trust Ser 1 (QQQ) - 9,411 shares, 2.45% of the total portfolio. Shares reduced by 3.73%

Bank of Marin initiated holding in Alibaba Group Holding Ltd. The purchase prices were between $176.34 and $230.48, with an estimated average price of $209.23. The stock is now traded at around $199.46. The impact to a portfolio due to this purchase was 0.71%. The holding were 2,680 shares as of .

Bank of Marin initiated holding in Vanguard Small-Cap. The purchase prices were between $98.45 and $170.48, with an estimated average price of $151.89. The stock is now traded at around $125.64. The impact to a portfolio due to this purchase was 0.68%. The holding were 4,300 shares as of .

Bank of Marin initiated holding in Northrop Grumman Corp. The purchase prices were between $269.86 and $384.87, with an estimated average price of $348.63. The stock is now traded at around $320.46. The impact to a portfolio due to this purchase was 0.54%. The holding were 1,313 shares as of .

Bank of Marin initiated holding in Woodward Inc. The purchase prices were between $50.24 and $127.84, with an estimated average price of $104.33. The stock is now traded at around $53.85. The impact to a portfolio due to this purchase was 0.5%. The holding were 6,106 shares as of .

Bank of Marin initiated holding in Catalent Inc. The purchase prices were between $36.95 and $62.95, with an estimated average price of $54.82. The stock is now traded at around $71.13. The impact to a portfolio due to this purchase was 0.45%. The holding were 6,273 shares as of .

Bank of Marin initiated holding in Twitter Inc. The purchase prices were between $22 and $39.05, with an estimated average price of $32.44. The stock is now traded at around $28.13. The impact to a portfolio due to this purchase was 0.39%. The holding were 11,697 shares as of .

Bank of Marin added to a holding in Vanguard Communication Services by 196.79%. The purchase prices were between $69.09 and $100.6, with an estimated average price of $91.01. The stock is now traded at around $85.98. The impact to a portfolio due to this purchase was 0.93%. The holding were 13,486 shares as of .

Bank of Marin added to a holding in Vanguard Mid-Cap by 39.53%. The purchase prices were between $112.37 and $186.27, with an estimated average price of $167.2. The stock is now traded at around $144.96. The impact to a portfolio due to this purchase was 0.61%. The holding were 12,000 shares as of .

Bank of Marin added to a holding in Johnson & Johnson by 32.74%. The purchase prices were between $111.14 and $153.99, with an estimated average price of $142.18. The stock is now traded at around $147.13. The impact to a portfolio due to this purchase was 0.35%. The holding were 7,914 shares as of .

Bank of Marin added to a holding in Ball Corp by 60.10%. The purchase prices were between $51.94 and $78.56, with an estimated average price of $70.01. The stock is now traded at around $61.17. The impact to a portfolio due to this purchase was 0.29%. The holding were 8,759 shares as of .

Bank of Marin added to a holding in Berkshire Hathaway Inc by 57.97%. The purchase prices were between $162.13 and $230.2, with an estimated average price of $213.25. The stock is now traded at around $170.57. The impact to a portfolio due to this purchase was 0.19%. The holding were 2,071 shares as of .

Bank of Marin added to a holding in iShares TIPS Bond by 20.08%. The purchase prices were between $108.81 and $122.54, with an estimated average price of $117.81. The stock is now traded at around $121.20. The impact to a portfolio due to this purchase was 0.18%. The holding were 6,699 shares as of .

Bank of Marin sold out a holding in Bank of Marin Bancorp. The sale prices were between $25.03 and $45.5, with an estimated average price of $39.64.

Bank of Marin sold out a holding in Instructure Inc. The sale prices were between $45.96 and $49, with an estimated average price of $48.21.

Bank of Marin sold out a holding in Hexcel Corp. The sale prices were between $29.51 and $79.89, with an estimated average price of $65.06.

Bank of Marin sold out a holding in Boeing Co. The sale prices were between $95.01 and $347.45, with an estimated average price of $276.34.

Bank of Marin sold out a holding in iShares Core S&P Mid-Cap. The sale prices were between $121.03 and $209.33, with an estimated average price of $184.86.

Bank of Marin sold out a holding in Amerco Inc. The sale prices were between $241.61 and $386.51, with an estimated average price of $339.08.