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SELL AGR @ $52.05

Selling AGR @ $52.05
Realized gain of $1.26 (2.48%)

Taking a small gain on AGR for a variety of reasons. 

We're at the point in their merger with PNM where bad news is most likely and hiccups to the approval will come up. There have already been rumblings.

Regulators in AGR's home districts in the northeast have been tightening their allowed returns and fining utilities. Bad news.

And general ideas that utilities underperform in inflationary environments - especially where returns are low and being lowered and some savings will be given away in the merger approval in New Mexico. 

For those reasons, I'm out...for now.

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