
Dividend raises have slowed but the occasional one still trickles in like Phillips 66 (PSX) who raised their dividend 5.24% and Algonquin Power & Utilities (AQN) with a 5.98% raise.
Only one word to describe markets…DOWN. Here are my trades for the week:
- Air Products (APD) – increased position – Bought the dip, can you blame me. Grabbed 1 share @ $226.37 and a 2.78% yield.
- Vanguard Long Term Bond Index (BLV) – sold position – This no longer fits my portfolio and part of my strategy to reallocate to targeted income sources. Sold 59 shares @ 79.70.
- Vanguard Long Term Corp. Bond Index (VCLT) – sold position – This no longer fits my portfolio and part of my strategy to reallocate to targeted income sources. Sold 58 shares @ 81.50
- iShares High Yield Bond (HYG) – sold position – This no longer fits my portfolio and part of my strategy to reallocate to targeted income sources. Sold 64 shares @ 77.00.
- iShares Preferred and Income (PFF) – sold position – This no longer fits my portfolio and part of my strategy to reallocate to targeted income sources. Sold 357 shares @ 33.07.