Fear is in the streets and short traders are in full swing doing their thing. Here are my trades for the week:
- Schwab U.S. Dividend Equity ETF – increased position – Every week seems to yield a new 52 week low. Grabbed 14 shares @ $67.94 and a 3.64% yield.
- CTO Realty Growth (CTO) – increased position – Continuing to build out my smallest REIT position. Grabbed 10 shares @ $18.68 and a 8.14% yield
- Pinnacle West Capital Corp (PNW) – increased position – Spreading the love and grabbing a utility while prices are down. Grabbed 3 shares @ $66.56 and a 5.11% yield.
- Allete Inc. (ALE) – increased position – Yet another utility down on it’s luck. Grabbed 4 shares @ $49.32 and a 5.27% yield