Last Stock Trades of 2021

Hey guys! I swapped some stocks today and wanted to share my trades before the end of the year.


First Trade:
I sold Northland Power (NPI.TO) and used the cash to add to my 3 existing positions. Nothing wrong with the company. Northland Power is a great renewal energy play; however, I have other names in mind that I’m more excited about. I sold 100 shares of NPI.TO for $37.50 per share and bought Algonquin Power (AQN.TO), Smart Centers REIT (SRU.UN.TO), and First National (FN.TO). I equally allocated $3,750 into those three companies. Algonquin Power is a similar energy company, but trades at better valuation. Smart Center is the best retail REIT in Canada, but I’m very excited about they future projects. They are capable of building neighborhoods and they proved to be resilient during the pandemic. First National is the biggest non-bank lender and is my favorite lending stock. I love that each year they return excess capital to shareholders in form of a special dividend.


Second Trade:
I swapped Dream Office REIT (D.UN.TO) for Dream Industrial REIT (DIR.UN.TO). Dream Office is a pure office play and going forward I don’t want any exposure to office REIT because of the pandemic and work-at-home trend. Dream Industrial is a pure industrial play and I have no problems holding the stock for many years because industrial properties don’t have the same risks that office properties have.


Third Trade:
I swapped Gibson Energy (GEI.TO) for Pembina Pipeline (PPL.TO). Both companies are in energy infrastructure, but I believe Pembina is a better company. So, I decided to consolidate my energy exposure and add to my PPL.TO position.


Trades Summary:

Sell 100 shares of NPI.TO for $37.50 per share
Buy 65 shares of AQN.TO for $18.49 per share
Buy 40 shares of SRU.UN.TO for $31.97 per share
Buy 30 shares of FN.TO for $41.65 per share
Sell 45 shares of D.UN.TO for $24.01 per share
Buy 65 shares of DIR.UN.TO for $16.91 per share
Sell 55 shares of GEI.TO for $22.63 per share
Buy 32 shares of PPL.TO for $38.91 per share