Brave Asset Management Inc Buys Utilities Select Sector SPDR Fund, Nuveen AMT-Free Municipal Income Fund, SPDR S&P 500 ETF Trust, Sells Oracle Corp, Johnson & Johnson, DuPont de Nemours Inc

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Jan 17, 2020
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Summit, NJ, based Investment company Brave Asset Management Inc (Current Portfolio) buys Utilities Select Sector SPDR Fund, Nuveen AMT-Free Municipal Income Fund, SPDR S&P 500 ETF Trust, Vanguard S&P 500 ETF, Occidental Petroleum Corp, sells Oracle Corp, Johnson & Johnson, DuPont de Nemours Inc, ProShares UltraShort S&P500, iShares 20+ Year Treasury Bond ETF during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Brave Asset Management Inc. As of 2019Q4, Brave Asset Management Inc owns 156 stocks with a total value of $192 million. These are the details of the buys and sells.

For the details of Brave Asset Management Inc's stock buys and sells, go to https://www.gurufocus.com/guru/brave+asset+management+inc/current-portfolio/portfolio

These are the top 5 holdings of Brave Asset Management Inc
  1. iShares U.S. Preferred Stock (PFF) - 352,479 shares, 6.89% of the total portfolio. Shares added by 11.42%
  2. SPDR Gold Trust (GLD) - 77,681 shares, 5.77% of the total portfolio. Shares added by 0.70%
  3. Vanguard FTSE All-World ex-US ETF (VEU) - 154,273 shares, 4.31% of the total portfolio. Shares added by 11.32%
  4. J2 Global Inc (JCOM) - 86,830 shares, 4.23% of the total portfolio.
  5. Apple Inc (AAPL) - 27,434 shares, 4.19% of the total portfolio. Shares added by 0.43%
New Purchase: Utilities Select Sector SPDR Fund (XLU)

Brave Asset Management Inc initiated holding in Utilities Select Sector SPDR Fund. The purchase prices were between $61.37 and $64.82, with an estimated average price of $63.51. The stock is now traded at around $66.79. The impact to a portfolio due to this purchase was 1.17%. The holding were 34,776 shares as of .

New Purchase: Vanguard S&P 500 ETF (VOO)

Brave Asset Management Inc initiated holding in Vanguard S&P 500 ETF. The purchase prices were between $264.57 and $296.67, with an estimated average price of $283.37. The stock is now traded at around $304.82. The impact to a portfolio due to this purchase was 0.21%. The holding were 1,350 shares as of .

New Purchase: Occidental Petroleum Corp (OXY)

Brave Asset Management Inc initiated holding in Occidental Petroleum Corp. The purchase prices were between $37.34 and $44.23, with an estimated average price of $39.98. The stock is now traded at around $45.97. The impact to a portfolio due to this purchase was 0.2%. The holding were 9,410 shares as of .

New Purchase: Moody's Corporation (MCO)

Brave Asset Management Inc initiated holding in Moody's Corporation. The purchase prices were between $196.81 and $239.3, with an estimated average price of $222.85. The stock is now traded at around $256.81. The impact to a portfolio due to this purchase was 0.18%. The holding were 1,458 shares as of .

New Purchase: Cigna Corp (CI)

Brave Asset Management Inc initiated holding in Cigna Corp. The purchase prices were between $147.19 and $206.47, with an estimated average price of $184.43. The stock is now traded at around $212.38. The impact to a portfolio due to this purchase was 0.12%. The holding were 1,117 shares as of .

New Purchase: Slack Technologies Inc (WORK)

Brave Asset Management Inc initiated holding in Slack Technologies Inc. The purchase prices were between $20.13 and $26.05, with an estimated average price of $22.24. The stock is now traded at around $22.42. The impact to a portfolio due to this purchase was 0.12%. The holding were 9,977 shares as of .

Added: Nuveen AMT-Free Municipal Income Fund (NEA)

Brave Asset Management Inc added to a holding in Nuveen AMT-Free Municipal Income Fund by 140.73%. The purchase prices were between $14 and $14.38, with an estimated average price of $14.2. The stock is now traded at around $14.45. The impact to a portfolio due to this purchase was 0.58%. The holding were 132,622 shares as of .

Added: SPDR S&P 500 ETF Trust (SPY)

Brave Asset Management Inc added to a holding in SPDR S&P 500 ETF Trust by 153.67%. The purchase prices were between $288.06 and $322.94, with an estimated average price of $308.48. The stock is now traded at around $331.75. The impact to a portfolio due to this purchase was 0.22%. The holding were 2,141 shares as of .

Added: SandRidge Energy Inc (SD)

Brave Asset Management Inc added to a holding in SandRidge Energy Inc by 34.11%. The purchase prices were between $3.29 and $5.12, with an estimated average price of $4.16. The stock is now traded at around $3.48. The impact to a portfolio due to this purchase was 0.03%. The holding were 59,680 shares as of .

Added: J.Jill Inc (JILL)

Brave Asset Management Inc added to a holding in J.Jill Inc by 178.50%. The purchase prices were between $0.95 and $2.02, with an estimated average price of $1.56. The stock is now traded at around $1.34. The impact to a portfolio due to this purchase was 0.02%. The holding were 55,700 shares as of .

Added: New Gold Inc (NGD)

Brave Asset Management Inc added to a holding in New Gold Inc by 20.86%. The purchase prices were between $0.77 and $1.08, with an estimated average price of $0.9. The stock is now traded at around $0.99. The impact to a portfolio due to this purchase was 0.01%. The holding were 105,150 shares as of .

Added: resTORbio Inc (TORC)

Brave Asset Management Inc added to a holding in resTORbio Inc by 51.96%. The purchase prices were between $1.07 and $9.27, with an estimated average price of $4.36. The stock is now traded at around $1.50. The impact to a portfolio due to this purchase was 0.01%. The holding were 23,250 shares as of .

Sold Out: iShares 20+ Year Treasury Bond ETF (TLT)

Brave Asset Management Inc sold out a holding in iShares 20+ Year Treasury Bond ETF. The sale prices were between $134.91 and $145.99, with an estimated average price of $139.12.

Sold Out: Amplify Energy Corp (2OQ)

Brave Asset Management Inc sold out a holding in Amplify Energy Corp. The sale prices were between $4.58 and $7, with an estimated average price of $5.79.

Sold Out: American Axle & Mfg Holdings Inc (AXL)

Brave Asset Management Inc sold out a holding in American Axle & Mfg Holdings Inc. The sale prices were between $6.81 and $11.06, with an estimated average price of $9.55.

Sold Out: BP PLC (BP)

Brave Asset Management Inc sold out a holding in BP PLC. The sale prices were between $36.37 and $39.83, with an estimated average price of $37.97.

Sold Out: Pembina Pipeline Corp (PBA)

Brave Asset Management Inc sold out a holding in Pembina Pipeline Corp. The sale prices were between $34.27 and $37.37, with an estimated average price of $35.77.

Sold Out: Molson Coors Beverage Co (TAP)

Brave Asset Management Inc sold out a holding in Molson Coors Beverage Co. The sale prices were between $50.1 and $59.47, with an estimated average price of $53.67.



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