Recent Stock Purchase II June 2018

The last time I made two buy tranches in any one month was back in February of this year. I guess seeing the market continue on its volatile trajectory prompted me to make additional buys before June officially expires. On another note, my broker Sharebuilder, formerly ING, formerly CapitalOne Investing, has been acquired by E-Trade and before the assets are moved over later this year it was announced that all dividend reinvestment will be suspended along with ShareBuilder Investment Plans in July.

Starting next month my portfolio, for the first time, will be generating actual cash instead of automatic dividend reinvestment. I can live with that for a month or two till the transition is made but it will definitely have some impact on my compounding returns. Oh well, not the worst thing in the world. One thing that I am not happy about is losing my ShareBuilder Investment Plan commission rate of $2 a trade. This was a legacy commission rate given to all Costco/Sharebuilder members and was a great way to nibble on positions at minimal cost. The plan going forward will be to maintain status quo and be transitioned to E-Trade. Whether or not I will remain with them remains to be seen. Of course, any broker suggestions would be welcome in the comments section. With that being said, let’s take a look at my second round of June buys:

I have added to my taxable account 9 shares at $53.62 for a total investment of $482.58 in Cardinal Health, Inc. (CAH). With this recent purchase, my taxable account holdings in CAH now totals 51.7437 shares with a market value of $2,760.01.

I have added to my taxable account 5 shares at $99.89 for a total investment of $499.45 in Kimberly-Clark Corporation (KMB). With this recent purchase, my taxable account holdings in KMB now totals 57.2068 shares with a market value of $5,942.64. I also hold 7.5504 shares with a market value of $784.34 in my ROTH account.

Disclosure: Long CAH, KMB, GIS.

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