Big Banks reported strong earnings mid-week and the markets rallied. Phillips 66 (PSX) was my only dividend raise this week coming with a 2% raise, not big but I was not expecting a raise from them this year. Here are my trades for the week:
- Amgen Inc (AMGN) – new position – AMGN dropped pretty far on Tuesday and it was a good entry price to start a position. Grabbed 4 shares @ $201.27 and a 3.5% yield.
- Viatris Inc (VTRS) – sold position – Sold VTRS and used the proceeds for my AMGN buy, I’m not as enamored as some over the growth prospects and exited the position entirely. Sold 71 shares @ $13.37.