Following the trade, Jim Cramer's Charitable Trust will own 1,400 shares of MS, reducing its weighting in the portfolio to 3.78% from 3.98%.
The preliminary figure of this year's contribution is $157,500, which would bring our total donation since the inception of Jim's Charitable Trust to approximately $4.3 million.
This sale will get our post-distribution cash position closer to 10% from about 9.5% pre-trade.
(Jim Cramer's Charitable Trust is long MS. See here for a full list of the stocks.)
Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons:
Morgan Stanley, Jim Cramer's, Monday's, Jim Cramer, Jim
Organizations:
Trust, CNBC