We sold all of our shares in Fannie Mae (FNM) at $54.23. Fannie Mae still might be a good contrarian long term investment, however, we decided to exchange the shares for a more stable, high quality bank. We bought Fifth Third Bancorp (FITB) at $42.93
We purchased additional shares of Pfizer Inc. (PFE) at $26.35.
We also purchased additional shares in Commerce Bancorp Inc. (CBH) at $29.86.