• Trimmed JNJ and PEP each back to 9 % of the portfolio to get them under the 10 % - max guideline • With the proceeds, added to existing positions in AT&T (T) and Microsoft (MSFT) • With the remaining proceeds, started a new position in Digital Realty Trust (DLR) Thus, this package of trades served
several strategic goals at the same time: • It corrected the over-sized positions by getting them back under 10 % of the portfolio • It allowed me to increase my stakes in two
high -
quality dividend growth companies • It allowed me to add a new position, bringing me closer to my target of 20 - 25
stocks overall.