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Investment in Blue Chip Stocks Brings Spectrum Financial Alliance Ltd LLC Steady Gains

Ava Hoppe | 26 April, 2023

Spectrum Financial Alliance Ltd LLC recently released its 13F report, tracking changes in its holdings from Q4 2022 to Q1 2023. The comparison of holdings showed a modest increase in overall share numbers and a few changes in the mix. The majority of the stocks the company invested in are blue chip stocks, which are known for their growth potential and market stability. In this blog post, we will analyze the changes in holdings of this fund and discuss the potential benefits of investing in blue chip stocks.

Introduction:

Spectrum Financial Alliance Ltd LLC is a registered investment advisor that offers investment services to clients worldwide. Like other investment companies, Spectrum aims to help clients increase their wealth by investing in the stock market. They follow a conservative investment strategy, with a focus on blue chip stocks that they believe can deliver long-term gains. Blue chip stocks are stocks of companies that have a history of stable earnings, strong market presence, and a solid financial position.

Main Body:

The Q4 2022 to Q1 2023 comparison showed that Spectrum Financial Alliance Ltd LLC increased its holdings of some blue chip stocks, decreased some, and held steady on others. Boeing Co (BA) was one of the blue chip stocks in which the company had increased its stake, with the number of shares rising from 173,938 to 178,341. This increase was expected, as Boeing is a company that has a proven track record of long-term growth. Additionally, the value of the shares increased from $33,133 thousand to $37,884 thousand, a 14.3% increase. This shows that the company's investment strategy was sound.

Another blue chip stock that Spectrum Financial Alliance Ltd LLC increased its holdings in was Qualcomm Inc (QCOM). The company's shares rose by 6,381 in number, from 260,165 to 266,546, and the value of the shares increased from $28,602 thousand to $34,006 thousand, a 18.9% increase. The rise in the value of the Qualcomm shares shows that the company was making the right investment choices.

There were also a few blue chip stocks in which the company decreased its holdings. One such stock was Bank of America Corp (BAC). The number of shares decreased by 169,781 from 904,325 to 1,074,106. Despite the decrease, the value of the shares increased slightly from $29,951 thousand to $30,719 thousand. This shows that even though the number of shares decreased, the overall investment gains remained strong.

The company also sold off some shares and invested in new positions. Marriott Intl Inc New (MAR) was a new addition to Spectrum Financial Alliance Ltd LLC's holdings. The number of shares in the company rose by 2,953 from 81,077 to 84,030. The value of the shares increased from $12,071 thousand to $13,952 thousand, a 15.6% increase. This shows that the company was making smart investment decisions by investing in a new blue chip stock with proven growth potential.

Conclusion:

In summary, the Q4 2022 to Q1 2023 holdings comparison of Spectrum Financial Alliance Ltd LLC showed steady gains through an investment in blue chip stocks. The company increased its holdings in some stocks, decreased holdings in others, sold some and made new additions. The company's investment strategy was sound, with the majority of stocks invested in proven blue chip companies. From the comparison, it is evident that investing in blue chip stocks can deliver long-term gains, just as they did for Spectrum Financial Alliance Ltd LLC.

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