Recent Stock Purchase March 2019

With the entire month of March almost gone I realized that it’s time for me to make my monthly stock purchase. As the stock market continues to move up and down seemingly on a whim and without reason, I know that I can take comfort in one thing… my continued passive income hitting my account like clockwork in a predictable and consistent basis. This is why I make sure to make my buys and keep stacking those dividends. After all, the more you can stack the better equipped you are to handle those inevitable dividend cuts or eliminations that hit all of us at some time. With that being said, and sticking to my March stock considerations:

I have added to my ROTH account 15 shares at $79.96 for a total investment of $1,199.40 in AbbVie Inc. (ABBV). With this recent purchase my ROTH account holdings in ABBV now totals 20.0662 shares with a market value of $1,603.29. I also hold 151.9875 shares of ABBV in my taxable account with a market value of $12,141.52.

As you can see ABBV is a very large portion of my portfolio between my taxable and ROTH accounts yet I still felt comfortable adding to the stock under $80. Of course, I’m still eyeing Altria Group, Inc. (MO) even though it has climbed nicely from its recent lows about a month ago. MO in the mid $50s still looks good to me and overall it’s a relatively small portion of my portfolio. Why not pick up some safe and juicy yield while the stock price recovers? Perhaps it will be my April buy.

What do you think about my recent buy? Are you looking at ABBV or other health stocks? There are still quite a few high quality high yielding names out there. What are you buying? Please let me know below.

Disclosure: Long ABBV, MO

22 thoughts on “Recent Stock Purchase March 2019

    • Hi Passivecanadianincome,

      The stacking does continue! Like the BNS pick up. They have been lagging as of late especially when compared to TD and RY. BNS is already a good size in my ROTH so I’ll just reinvest dividends for now.

    • Hi MDD,

      I continue to like ABBV under $80. Look forward to seeing your April buy. Though it has risen a lot form its lows, I still like MO at current levels.

    • Hi dividendsandhobbies,

      As long you are consistent with your buying that’s what really counts. Keep adding to ABBV or MO or any other stock that has a sustainable yield. Happy to be a fellow ABBV shareholder.

  1. Keith,

    I like ABBV and pharmas in general. I already have JNJ and AMGN in the space, and I would like to add a few more names. However, when it comes to medical my eyes have been more toward devices. The things doctors and nurses struggle to do without.

    – Gremlin

    • Hi DG,

      I like my medical devices too. I owned BCR forever till it was bought out. Still have a position in BDX which I plan to keep “forever” too. I like my health long term.

    • Hi PIV,

      ABBV and MO are both solid names with safe yields trading at much better prices and values in recent months. No wonder they are they talk of the DGI community. Unless ABBV takes a serious dump I’ll most likely be looking to add to my MO in April.

    • Hi ED,

      ABBV really grew after the ABT spin off. I continued adding to the stock whenever prices got beaten down. Of course, I’m already heavy in that name which is why MO and other names are calling me in April.

    • Hi Snugfortune,

      Nothing wrong with the health sector for the long haul I like my AMGN, GILD, JNJ, ABT, ABBV and others. In fact, all my REITs in my IRA are health related. Keep stacking!

  2. Hut –

    Great addition. I added ABBV, as well as my wife did, therefore – we may be tapped out for a bit now. I am excited to see if you end up scooping up MO at these prices! Congrats on the add.

    -Lanny

    • Hi DD,

      ABBV has been selling at attractive levels for some time now. As long as I see it under $80 I will be tempted to nibble though other high yielding stocks are calling me as well. Have to make up for the GE and KHC cuts somewhere.

  3. Wow, that’s a hefty position you built in ABBV. Combined amount is almost as my entire portfolio 🙂
    Nice addition and I like that you keep adding to the portfolio every month, no matter what happens in the market. That’s the way to go!

    • Hi BI,

      I started with ABT many years ago and after the spin off I kept and continued adding to my ABBV. It has really grown over the years and it may be time to slow down my buys in that stock and focus on other names.

  4. Hey DH:

    Looks like we’ve been a bit in sync lately. I purchased ABBV in March as well and we both picked up MO not to long ago — ABBV still doesn’t pass my internal screens but those that did weren’t so atractively priced — when that happens I’m willing to take on “riskier” options if I think they are undervalued and ABBV fit the bill. Wonder if we’ll match again in April.

    Cheers!
    Divs4Jesus recently posted…STOCK PURCHASE :: ABBVMy Profile

  5. Nice buy! And also for an attractive price. I had two candidates last month which were down about 10% as compared to my average buy price: CVS and ABBV. I decided to buy CVS and am eagerly awaiting another dip below the $80 mark for ABBV. The dividend yield and pipeline of products are just too good to pass. Happy investing 👍

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