A short and sweet update about another sell.
Continuing my “portfolio cleanup” shuttling some stocks from my portfolio I received through spin offs or mergers I have sold in my taxable account 186.7479 shares of Sabra Health Care REIT, Inc. (SBRA). I still hold and will continue to hold, for now, 113.3845 shares of SBRA in my IRA. Like my other sells, SBRA came into my portfolio via VTR -> CCP -> SBRA. It’s amazing how much a portfolio can “grow” because of spin offs.
No doubt, some of these sells will affect my portfolio income going forward but the plan is to reinvest the cash as soon as possible. As mentioned in my first “sell post” I feel that the number of positions I acquired became too great to actively monitor not to mention some of those positions paid little or no dividends.
Disclosure: Long SBRA, VTR