Cranbrook Wealth Management, LLC Q1 2023 vs. Q2 2023: The Changing Landscape of Fund Holdings

Investment funds play a significant role in the world of finance, providing individuals and institutions alike with opportunities to diversify their portfolios and potentially generate significant returns. One important regulatory requirement for funds is the filing of a Form 13F with the Securities and Exchange Commission (SEC). This filing provides transparency into the holdings of the fund, allowing investors to make informed decisions.

In this article, we will delve into the Q1 2023 vs. Q2 2023 13F holdings comparison of Cranbrook Wealth Management, LLC. This analysis will highlight the changes in holdings and shed light on the potential motivations behind these decisions.

ISHARES TR (IVV)

Cranbrook Wealth Management, LLC held 78,620 shares of ISHARES TR in Q1 2023. However, in Q2 2023, the number of shares decreased slightly to 77,838. Despite the decrease in shares, the value of the holdings grew from $32,319,000 to $34,693,000, reflecting a positive change of 7.3%.

VANGUARD BD INDEX FDS (BIV)

The Q1 2023 holdings of VANGUARD BD INDEX FDS stood at 362,118 shares. This number increased to 393,252 shares in Q2 2023, representing a 6.5% change. The value of the holdings also experienced growth, rising from $27,788,000 to $29,584,000.

ISHARES TR (IEFA)

During Q1 2023, Cranbrook Wealth Management, LLC held 432,888 shares of ISHARES TR. However, this number declined to 416,705 shares in Q2 2023, reflecting a decrease of 2.8%. The value associated with these holdings decreased from $28,938,000 to $28,127,000.

VANGUARD CHARLOTTE FDS (BNDX)

Cranbrook Wealth Management, LLC held 484,222 shares of VANGUARD CHARLOTTE FDS in Q1 2023. By Q2 2023, this number had increased to 499,994, signifying a change of 3.2%. The value of the holdings also saw a slight increase, rising from $23,688,000 to $24,439,000.

VANGUARD INDEX FDS (VO)

The holdings of VANGUARD INDEX FDS increased from 99,221 shares in Q1 2023 to 103,277 shares in Q2 2023, reflecting a 8.6% change. The value of the holdings also experienced growth, rising from $20,927,000 to $22,737,000.

ISHARES TR (IJR)

During Q1 2023, Cranbrook Wealth Management, LLC held 98,340 shares of ISHARES TR. This number increased to 101,828 shares in Q2 2023, representing a change of 6.7%. The value associated with these holdings grew from $9,509,000 to $10,147,000.

SCHWAB STRATEGIC TR (SCHF)

The Q1 2023 holdings of SCHWAB STRATEGIC TR stood at 285,797 shares. By Q2 2023, this number had decreased slightly to 284,079, reflecting a change of 1.8%. However, the value of the holdings increased from $9,945,000 to $10,127,000.

VANGUARD INDEX FDS (VUG)

Cranbrook Wealth Management, LLC held 32,694 shares of VANGUARD INDEX FDS in Q1 2023. However, in Q2 2023, the number of shares decreased to 31,330, signifying a change of -8.7%. The value associated with these holdings grew from $8,155,000 to $8,865,000.

ISHARES TR (EFG)

During Q1 2023, Cranbrook Wealth Management, LLC held 98,236 shares of ISHARES TR. By Q2 2023, this number had decreased to 90,992, reflecting a change of -5.7%. The value of the holdings also saw a decrease, dropping from $9,202,000 to $8,681,000.

VANGUARD INDEX FDS (VV)

The holdings of VANGUARD INDEX FDS increased from 45,340 shares in Q1 2023 to 42,205 shares in Q2 2023, representing a change of 1%. The value associated with these holdings also saw a slight increase, rising from $8,469,000 to $8,555,000.

The list goes on, with various other holdings experiencing changes in both shares and values. These significant adjustments in holdings demonstrate the active management approach adopted by Cranbrook Wealth Management, LLC. It is important to note that the motivations behind these changes can be diverse. Investment strategies, market conditions, and evolving investor preferences are just some of the factors that could contribute to the decision-making process.

In conclusion, the Q1 2023 vs. Q2 2023 13F holdings comparison of Cranbrook Wealth Management, LLC reveals the dynamic nature of investment fund holdings. As investors seek to optimize their portfolios, adjustments in shares and values are made to align with evolving market conditions. By closely analyzing these changes, individuals and institutions can gain valuable insights into the decision-making processes of investment funds and make more informed investment decisions themselves.