Rainey & Randall Investment Management Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

In the ever-evolving world of investment, keeping an eye on the changes in holdings of funds is crucial for both individual investors and financial institutions. It provides insights into the trends and strategies employed by investment management firms. One such firm, Rainey & Randall Investment Management Inc., recently released its Q2 2023 and Q3 2023 13F holdings comparison. Let's take a closer look at the changes in their holdings and what it could mean for the investment landscape.

SCHWAB STRATEGIC TR: Dynamic Growth and Stable Investments

One of the notable changes in Rainey & Randall's holdings is the increase in shares of SCHWAB STRATEGIC TR from Q2 2023 to Q3 2023. The number of shares rose from 820,165 to 855,582, representing a 4.3% increase. In terms of value, the Q3 2023 value amounted to $55,150, a marginal increase of 0.2% compared to the Q2 2023 value of $55,024. This suggests that Rainey & Randall Investment Management Inc. sees potential in SCHWAB STRATEGIC TR and believes in its long-term growth.

VANGUARD BD INDEX FDS: Weathering Volatility

While Rainey & Randall's holdings in VANGUARD BD INDEX FDS remained relatively stable, there was a slight decrease in both shares and value from Q2 2023 to Q3 2023. The number of shares decreased from 664,717 to 667,503, reflecting a 0.4% decline. In terms of value, Q3 2023 saw a decrease of 3.6% compared to Q2 2023, with the value dropping from $48,318 to $46,578. This suggests a cautious approach by Rainey & Randall in the face of market volatility.

DBX ETF TR: Embracing Global Opportunities

Rainey & Randall Investment Management Inc. significantly increased its holdings in DBX ETF TR during Q3 2023. The number of shares surged from 1,125,232 to 1,223,979, marking an impressive 7.3% increase. In terms of value, Q3 2023 saw an increase of 7.3%, with the value rising from $39,799 to $42,708. This suggests that Rainey & Randall recognizes the potential of global markets and is positioning itself to capitalize on international opportunities.

SCHWAB STRATEGIC TR: A Diversified Portfolio

Rainey & Randall Investment Management Inc. also increased its holdings in other Schwab Strategic funds during Q3 2023. Shares in SCHWAB STRATEGIC TR (SCHG) increased from 497,617 to 523,879, representing a 5.3% increase. The Q3 2023 value amounted to $38,096, a 2.1% increase from the Q2 2023 value of $37,296. Similarly, shares in SCHWAB STRATEGIC TR (SCHA) increased from 750,069 to 811,567, indicating a 8.2% rise. The value in Q3 2023 increased by 2.3% compared to Q2 2023, with the value rising from $32,853 to $33,595. Additionally, shares in SCHWAB STRATEGIC TR (SCHE) increased from 862,384 to 919,736, marking a 6.7% increase. The value in Q3 2023 increased by 3.6% compared to Q2 2023, with the value rising from $21,240 to $21,996. These increases highlight Rainey & Randall's emphasis on diversification and their belief in the potential for growth across different sectors.

Conclusion

Rainey & Randall Investment Management Inc.'s Q2 2023 vs. Q3 2023 13F holdings comparison provides valuable insights into their investment strategy. The increase in holdings of SCHWAB STRATEGIC TR, DBX ETF TR, and various Schwab Strategic funds reflects their confidence in these investments' long-term growth prospects. However, the decrease in holdings of VANGUARD BD INDEX FDS suggests a cautious approach during times of market volatility. As the investment landscape continues to evolve, keeping an eye on such changes in holdings can be instrumental in making informed investment decisions.