Trade Alert – Dividend Equity Model
With the recent market runup, we are rebalancing some holdings in the dividend model. We are reducing Apple (AAPL) and Meta (META) back to target allocations. Given the pullback in oil and energy stocks, we are increasing Exxon Mobil (XOM) and Alerian MLP (ALMP) to target. Also, we are adding to 3M (MMM), bringing it to the target weight.
Dividend Equity Model
- Reduce to 5% target weights both Apple (APPL) and Meta (META)
- Increase to target weight of 3.5% each of Exxon Mobil (XOM), Alerian MLP (AMLP), and 3M (MMM).
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Lance Roberts is a Chief Portfolio Strategist/Economist for RIA Advisors. He is also the host of “The Lance Roberts Podcast” and Chief Editor of the “Real Investment Advice” website and author of “Real Investment Daily” blog and “Real Investment Report“. Follow Lance on Facebook, Twitter, Linked-In and YouTube
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