John Buckingham (Trades, Portfolio), chief investment officer of AFAM (Al Frank Asset Management) Capital, which specializes in managing exchange-traded funds and equity portfolios, and editor of The Prudent Investor, an investment newsletter, learned the ropes from value investor Al Frank. The Al Frank Fund posted returns of 5.47% in 2014, 37.06% in 2013 and 17.26% in 2012.
Buckingham bought 10 new stakes in the second quarter, including a 194,008-share stake in Vanguard Total Bond Market ETF (BND) for an average price of $81.95 per share. Buckingham had a position in Vanguard Total Bond Market before but sold out in 2012. The purchase had a 2.1% impact on his portfolio. Continue Reading »