I’ve been trying to move away from ETFs and into individual stocks. I still hold SCHA (small cap) and SCHV (large cap value) ETFs, which have been doing great from a capital gains perspective. I maintain approximately $2,000 in each of them right now. As of today, my total cost basis for SCHA was $6,625 and total realized/unrealized capital gains of $1,848; total cost basis for SCHV was $2,939 with realized/unrealized capital gains of $644.
I had also been holding on to a small portion of SCHD (~$3000) but recently sold all of my holdings in SCHD to finance many recent stock purchases. Total cost basis for SCHD was $10,500 with a realized capital gain of $1,503. SCHD was a dividend ETF that had a distribution yield of approximately 2.8%. I felt that I could do a better job picking individual stocks with not only a higher initial yield but also with a track record of dividend growth.
Today I sold my remaining SCHD and used the proceeds to buy Wells Fargo & Co (WFC). This will add $97.20 to my annual dividend (an increase from the approximately $80.79 that was estimated from SCHD). My average dividend yield will also increase from 3.07% to 3.12%. Estimated annual dividend is now $983.92.
My entire portfolio is here.
| Company |
Symbol |
Shares |
Price |
Yield |
Expected Annual Dividend |
| Wells Fargo & Co |
WFC |
81 |
$38.30 |
3.13% |
$97.20 |
Full disclosure: Long SCHA, SCHV, WFC
