Selling Utilities Basket of EIX, D, CMS, and DUK
Selling:
EIX @ $52.28
D @ $78.88
CMS @ $60.62
DUK @ $81.34
Realized Gains:
EIX: $1.74 (3.44%)
D: $1.26 (1.62%)
CMS: $0.67 (1.12%)
DUK: $0.77 (0.96%)
Not a bad trade - putting 8% of my money into a basket of fairly safe utilities and making somewhere between 1-2% on that money in 10 days.
I keep talking about wanting to reduce gross exposure, and this was an easy way to make a big splash in that regard.
These utilities are wonderful, but probably toppy in the near-term. They're all on my short list of buys if/when I need to up my gross or net exposures.
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