I had a reader request a few weeks ago to try and give a heads up when I make transactions. Typically my transactions are on a month lag until I write my portfolio review article. I am trying to get ahead of that and provide some insight as to what I’ve been up to so far in June.

Buys

TickerNameSharesYieldIncome (Yr)
SDIVGlobal X SuperDividend ETF1009.5%$162
IRMIron Mountain1007.9%$244
SPYDSPDR Portfolio S&P 500 High Dividend ETF1004.15%$161

The trend here has been to find more yield plays in this increasingly difficult environment.

  • SDIV is my global basket approach to yield and continues to pay a nice monthly dividend which helps fuel future purchases.
  • IRM had been on my watchlist for close to two years before a large enough pullback to warrant an individual purchase.
  • SPYD I wrote about twice recently and decided to take a starter position while waiting for a more opportunistic buying opportunity

Sells

TickerNameSell TypeReturn
ABTAbbott LabsAll>100%
CSCOCisco SystemsAll>100%
SBUXStarbucksTrim33%
WPCW.P. CareyAll40%

All four of these trades have to do with valuation concerns. With an elevated market once more, the individual valuations seem less compelling. One of the great advantages of having individual stocks is being able to take advantage of mean reversion over the short to medium term. All four seem to be stretched and have done better than both my own expectations and the market. The question is whether that continues or not.

Possible Trades

TickerNameBuy/SellWant PriceDesired Yield
MMM3MBuy$153.563.75%
BRPBrookfield Property REITBuy$16.508%
STAGSTAG IndustrialTrim$30
TRVTravelersTrim$148
AMPAmeripriseSell$145
CMICumminsSell$160

I have some possible trades on both sides. On the buy side, I’m interested in adding more 3M or starting a position in Brookfield Property REIT at the listed prices.

On the flip side, I’m looking to possibly trim my STAG and Travelers holdings. I’m also open to closing out my positions in both Ameriprise and Cummins at those listed prices. All of the sells would represent large, market beating gains.

Here’s a sample alert I have setup for Cummins. I’ll be notified if it dips below $160 with my memo stating that it was sold.

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