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Concorde Asset Management, LLC Buys Fortis Inc, iShares Russell 2000, iShares S&P Mid-Cap ...

Concorde Asset Management, LLC

  • New Purchases: FTS , IJJ , PSL , PSA, IEI, MDY, PFF, TLT, TOT, MVV,
  • Added Positions:IWM, CSJ, XLI, XLE, VTI, BP, XLF, IJH, SCHD, AGG,
  • Reduced Positions:HYG, JNK, DOW, T, CVX, PM, IBM, WFC, RDS.B, TGT,
  • Sold Out:XLP, XLU, CMBS, BAC, COP, FXO, FXH, FXG, IGV, APA,

For the details of Concorde Asset Management, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Concorde+Asset+Management%2C+LLC

These are the top 5 holdings of Concorde Asset Management, LLC

  1. SPDR Bloomberg Barclays High Yield Bond ( JNK ) - 68,014 shares, 4.58% of the total portfolio. Shares reduced by 53.93%
  2. iShares iBoxx $ High Yield Corporate Bond ( HYG ) - 26,100 shares, 4.2% of the total portfolio. Shares reduced by 60.27%
  3. Fortis Inc ( FTS ) - 58,020 shares, 3.33% of the total portfolio. New Position
  4. iShares MBS ( MBB ) - 16,626 shares, 3.29% of the total portfolio. Shares reduced by 4.28%
  5. iShares Russell 2000 ( IWM ) - 11,322 shares, 2.84% of the total portfolio. Shares added by 96.94%

New Purchase: Fortis Inc ( FTS )

Concorde Asset Management, LLC initiated holdings in Fortis Inc. The purchase prices were between $29.4 and $33.25, with an estimated average price of $31.03. The stock is now traded at around $31.49. The impact to the portfolio due to this purchase was 3.33%. The holdings were 58,020 shares as of 2016-12-31.

New Purchase: iShares S&P Mid-Cap 400 Value (IJJ)

Concorde Asset Management, LLC initiated holdings in iShares S&P Mid-Cap 400 Value. The purchase prices were between $127.53 and $149.92, with an estimated average price of $136.47. The stock is now traded at around $148.21. The impact to the portfolio due to this purchase was 1.11%. The holdings were 4,131 shares as of 2016-12-31.

New Purchase: PowerShares DWA Consumer Staples Momentum Portfoli (PSL)

Concorde Asset Management, LLC initiated holdings in PowerShares DWA Consumer Staples Momentum Portfoli. The purchase prices were between $51.94 and $56.16, with an estimated average price of $54.43. The stock is now traded at around $54.84. The impact to the portfolio due to this purchase was 1.03%. The holdings were 10,294 shares as of 2016-12-31.

New Purchase: Public Storage (PSA)

Concorde Asset Management, LLC initiated holdings in Public Storage. The purchase prices were between $201.93 and $223.5, with an estimated average price of $212.79. The stock is now traded at around $222.01. The impact to the portfolio due to this purchase was 0.8%. The holdings were 728 shares as of 2016-12-31.

New Purchase: iShares 3-7 Year Treasury Bond (IEI)

Concorde Asset Management, LLC initiated holdings in iShares 3-7 Year Treasury Bond. The purchase prices were between $122.39 and $126.26, with an estimated average price of $124.46. The stock is now traded at around $122.65. The impact to the portfolio due to this purchase was 0.72%. The holdings were 3,143 shares as of 2016-12-31.

New Purchase: SPDR MidCap Trust Series I (MDY)

Concorde Asset Management, LLC initiated holdings in SPDR MidCap Trust Series I. The purchase prices were between $268.63 and $309.09, with an estimated average price of $285.81. The stock is now traded at around $308.70. The impact to the portfolio due to this purchase was 0.68%. The holdings were 1,229 shares as of 2016-12-31.

Added: iShares Russell 2000 ( IWM )

Concorde Asset Management, LLC added to the holdings in iShares Russell 2000 by 96.94%. The purchase prices were between $115 and $138.31, with an estimated average price of $125.99. The stock is now traded at around $136.03. The impact to the portfolio due to this purchase was 1.4%. The holdings were 11,322 shares as of 2016-12-31.

Added: iShares 1-3 Year Credit Bond (CSJ)

Concorde Asset Management, LLC added to the holdings in iShares 1-3 Year Credit Bond by 58.97%. The purchase prices were between $104.78 and $105.68, with an estimated average price of $105.28. The stock is now traded at around $105.02. The impact to the portfolio due to this purchase was 0.42%. The holdings were 5,807 shares as of 2016-12-31.

Added: SPDR Select Sector Fund - Energy Select Sector (XLE)

Concorde Asset Management, LLC added to the holdings in SPDR Select Sector Fund - Energy Select Sector by 30.68%. The purchase prices were between $67.77 and $77.19, with an estimated average price of $71.45. The stock is now traded at around $74.76. The impact to the portfolio due to this purchase was 0.38%. The holdings were 11,561 shares as of 2016-12-31.

Added: Vanguard Total Stock Market (VTI)

Concorde Asset Management, LLC added to the holdings in Vanguard Total Stock Market by 45.06%. The purchase prices were between $106.79 and $117.2, with an estimated average price of $111.61. The stock is now traded at around $117.70. The impact to the portfolio due to this purchase was 0.35%. The holdings were 5,289 shares as of 2016-12-31.

Added: BP PLC (BP)

Concorde Asset Management, LLC added to the holdings in BP PLC by 20.56%. The purchase prices were between $32.98 and $37.4, with an estimated average price of $35.39. The stock is now traded at around $36.96. The impact to the portfolio due to this purchase was 0.34%. The holdings were 29,334 shares as of 2016-12-31.

Added: SPDR Select Sector Fund - Financial (XLF)

Concorde Asset Management, LLC added to the holdings in SPDR Select Sector Fund - Financial by 20.58%. The purchase prices were between $19.21 and $23.75, with an estimated average price of $21. The stock is now traded at around $23.34. The impact to the portfolio due to this purchase was 0.32%. The holdings were 42,980 shares as of 2016-12-31.

Sold Out: SPDR Select Sector Fund - Consumer Staples (XLP)

Concorde Asset Management, LLC sold out the holdings in SPDR Select Sector Fund - Consumer Staples. The sale prices were between $50.25 and $52.87, with an estimated average price of $51.74.

Sold Out: SPDR Select Sector Fund - Utilities (XLU)

Concorde Asset Management, LLC sold out the holdings in SPDR Select Sector Fund - Utilities. The sale prices were between $46 and $49.43, with an estimated average price of $47.56.

Sold Out: iShares CMBS Bond (CMBS)

Concorde Asset Management, LLC sold out the holdings in iShares CMBS Bond. The sale prices were between $50.85 and $52.94, with an estimated average price of $51.88.

Sold Out: Bank of America Corporation (BAC)

Concorde Asset Management, LLC sold out the holdings in Bank of America Corporation. The sale prices were between $15.63 and $23.16, with an estimated average price of $19.26.

Sold Out: ConocoPhillips (COP)

Concorde Asset Management, LLC sold out the holdings in ConocoPhillips. The sale prices were between $40.65 and $52.64, with an estimated average price of $46.11.

Sold Out: First Trust Financials AlphaDEX (FXO)

Concorde Asset Management, LLC sold out the holdings in First Trust Financials AlphaDEX. The sale prices were between $23.63 and $27.49, with an estimated average price of $25.14.

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This article first appeared on GuruFocus .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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