Keystone Financial Planning, Inc. Q3 2023 vs. Q4 2023 13F Holdings Comparison

Introduction:

In this article, we will analyze the changes in holdings of Keystone Financial Planning, Inc. for the third quarter of 2023 compared to the fourth quarter of 2023. The data we will examine includes the names of issuers, the option type, the number of shares held in each quarter, the value of shares in thousands of dollars, and the percentage change. We will explore the significant changes in holdings and provide insights into the potential implications.

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Keystone Financial Planning, Inc.: Tracking the Shifts in Holdings

Keystone Financial Planning, Inc., a prominent financial institution, recently released its quarterly report on 13F holdings for the third quarter of 2023 and the fourth quarter of 2023. The report provides valuable information about the changes in the company's portfolio and reveals some interesting trends.

Let's dive into the data to analyze the most noteworthy shifts and explore their potential significance in the financial market.

SCHWAB STRATEGIC TR (SCHD):

One of the standout holdings for Keystone Financial Planning, Inc. is SCHWAB STRATEGIC TR (SCHD). In the third quarter of 2023, they held 1,680,787 shares, which decreased slightly to 1,652,774 shares in the fourth quarter of 2023. However, the value of these shares saw a 5.8% increase from $118,932,000 to $125,825,000. This shift indicates a potential reallocation of assets within the portfolio.

MICROSOFT CORP (MSFT):

Keystone Financial Planning, Inc. maintained its holdings in MICROSOFT CORP (MSFT) throughout the third and fourth quarters of 2023, with 29,032 shares in both periods. The value of these shares increased significantly from $9,167,000 to $10,917,000, representing a 19.1% surge. This suggests growing confidence in the potential profitability of Microsoft's stock.

VERIZON COMMUNICATIONS INC (VZ):

In terms of stability, Keystone Financial Planning, Inc. held 248,928 shares of VERIZON COMMUNICATIONS INC (VZ) in both the third and fourth quarters of 2023. While the number of shares remained unchanged, the value rose from $8,067,000 to $9,384,000, marking a solid 16.3% increase. This indicates the company's continued trust in Verizon's performance.

INTERNATIONAL BUSINESS MACHS (IBM):

A slight decrease in holdings can be observed for INTERNATIONAL BUSINESS MACHS (IBM). In the third quarter of 2023, Keystone Financial Planning, Inc. owned 54,187 shares, which decreased to 50,363 shares in the fourth quarter. However, the value of these shares experienced an 8.3% increase from $7,602,000 to $8,236,000. These changes could be attributed to potential adjustments in the company's investment strategy.

PHILIP MORRIS INTL INC (PM):

The holdings of PHILIP MORRIS INTL INC (PM) remained stable for Keystone Financial Planning, Inc. during the third and fourth quarters of 2023, with 86,958 shares held in both periods. The value of these shares saw only a slight increase from $8,050,000 to $8,181,000, representing a marginal 1.6% change.

3M CO (MMM):

Keystone Financial Planning, Inc. maintained its position in 3M CO (MMM) with 70,936 shares throughout the third and fourth quarters of 2023. Interestingly, the value of these shares experienced a substantial increase from $6,640,000 to $7,754,000, signifying a significant 16.8% growth. This suggests the company's confidence in the potential for further profitability.

PFIZER INC (PFE):

In the healthcare sector, Keystone Financial Planning, Inc. witnessed a change in its holdings of PFIZER INC (PFE). While the company held 245,876 shares in the third quarter of 2023, the number increased to 265,413 shares in the fourth quarter. Despite this increase in shares, the value of the holdings decreased by 6.3% from $8,155,000 to $7,641,000. This change may reflect a reassessment of the company's position on Pfizer's stock.

SPDR SER TR (SPYD):

Another interesting shift occurred with SPDR SER TR (SPYD). Keystone Financial Planning, Inc. held 186,774 shares in the third quarter of 2023, which increased to 193,219 shares in the fourth quarter. The value of these holdings also grew from $6,550,000 to $7,572,000, representing a solid 15.6% increase. This indicates the company's confidence in the potential growth of this investment.

Conclusion:

Keystone Financial Planning, Inc. has made significant adjustments to its portfolio holdings in the third and fourth quarters of 2023. The changes in the number of shares and the value of holdings reflect a dynamic investment strategy aimed at maximizing returns. While some stocks experienced slight shifts, others witnessed considerable growth or fluctuations. By analyzing these changes, investors can gain valuable insights to help inform their own investment decisions.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice. The data mentioned herein is based on publicly available information and may not reflect the most current or accurate data. It is always recommended to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.