Life & Banc Split Corp T.LBS

Alternate Symbol(s): T.LBS.PR.A | LFBCF

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. To achieve these objectives, the Fund invests in a portfolio comprised of common shares of approximately six Canadian banks and four publicly traded Canadian life insurance companies. The Fund also writes covered call options and cash-covered put options in respect of the portfolio to generate additional distributable income for the Fund and/or to reduce the volatility of the Fund. The Fund's investment manager is Brompton Funds Limited.

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Life & Banc Split Corp > Speculating some stop losses were hit today.

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Post by mousermanon May 19, 2021 11:32am

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Post# 33230032

Speculating some stop losses were hit today.

A couple big market sell oreders took out stop losses, and I noted ANON buyers stepped in a grabbed the bargains....along with some of us TD buyers..

House Positions for C:LBS from 20210519 to 20210519

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
1 Anonymous	75,035	682,193	9.092	54,012	496,709	9.196	21,023	-185,484
7 TD Sec	76,446	702,711	9.192	61,979	567,113	9.15	14,467	-135,598
2 RBC	9,700	88,823	9.157	5,520	50,978	9.235	4,180	-37,845
19 Desjardins	7,194	67,090	9.326	3,625	32,941	9.087	3,569	-34,149
88 Credential	5,074	47,696	9.40	2,000	18,800	9.40	3,074	-28,896
5 Penson	3,645	33,401	9.164	737	6,777	9.195	2,908	-26,624
53 Morgan Stanley	428	4,002	9.35	0			428	-4,002
13 Instinet	2,500	22,990	9.196	2,100	19,375	9.226	400	-3,615
80 National Bank	13,221	120,672	9.127	12,964	116,466	8.984	257	-4,206
39 Merrill Lynch	800	7,327	9.159	800	7,237	9.046	0	-90
33 Canaccord	2,700	24,630	9.122	2,700	24,625	9.12	0	-5
212 Virtu	0			68	622	9.147	-68	622
57 Interactive	0			200	1,830	9.15	-200	1,830
36 Latimer	0			371	3,400	9.164	-371	3,400
124 Questrade	6,630	60,644	9.147	12,350	111,956	9.065	-5,720	51,312
85 Scotia	7,731	70,637	9.137	15,000	137,181	9.145	-7,269	66,544
79 CIBC	36,380	332,784	9.147	45,104	413,888	9.176	-8,724	81,104
9 BMO Nesbitt	22,246	203,661	9.155	50,200	459,367	9.151	-27,954	255,706
TOTAL	269,730	2,469,261	9.155	269,730	2,469,265	9.155	0	4