N-CSRS 1 d358448dncsrs.htm N-CSRS N-CSRS

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-CSRS

 

 

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-22311

 

 

Schwab Strategic Trust – Schwab Fixed-Income ETFs

(Exact name of registrant as specified in charter)

 

 

211 Main Street, San Francisco, California 94105

(Address of principal executive offices) (Zip code)

 

 

Jonathan de St. Paer

Schwab Strategic Trust – Schwab Fixed-Income ETFs

211 Main Street, San Francisco, California 94105

(Name and address of agent for service)

 

 

Registrant’s telephone number, including area code: (415) 636-7000

Date of fiscal year end: December 31

Date of reporting period: June 30, 2022

 

 

Item 1: Report(s) to Shareholders.

 

 

 


(CHARLES SCHWAB ASSET MANAGMENT LOGO)
Semiannual Report  |  June 30, 2022
Schwab Fixed-Income ETFs

Schwab U.S. TIPS ETF SCHP
Schwab Short-Term U.S. Treasury ETF SCHO
Schwab Intermediate-Term U.S. Treasury ETF SCHR
Schwab Long-Term U.S. Treasury ETF SCHQ
Schwab U.S. Aggregate Bond ETF SCHZ
Schwab 1-5 Year Corporate Bond ETF SCHJ
Schwab 5-10 Year Corporate Bond ETF SCHI

 

         
This page is intentionally left blank.

 

In This Report
Performance at a Glance 2
The Investment Environment 3
Fund Management 5
Performance and Fund Facts  
Schwab U.S. TIPS ETF 6
Schwab Short-Term U.S. Treasury ETF 7
Schwab Intermediate-Term U.S. Treasury ETF 8
Schwab Long-Term U.S. Treasury ETF 9
Schwab U.S. Aggregate Bond ETF 10
Schwab 1-5 Year Corporate Bond ETF 11
Schwab 5-10 Year Corporate Bond ETF 12
Fund Expenses 13
Financial Statements and Portfolio Holdings  
Schwab U.S. TIPS ETF 14
Schwab Short-Term U.S. Treasury ETF 20
Schwab Intermediate-Term U.S. Treasury ETF 26
Schwab Long-Term U.S. Treasury ETF 32
Schwab U.S. Aggregate Bond ETF 38
Schwab 1-5 Year Corporate Bond ETF  111
Schwab 5-10 Year Corporate Bond ETF 139
Financial Notes 167
Shareholder Vote Results 179
Investment Advisory Agreement Approval 180
Trustees and Officers 183
Glossary 186
Fund investment adviser: Charles Schwab Investment Management, Inc., dba Schwab Asset ManagementTM
Distributor: SEI Investments Distribution Co. (SIDCO)
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Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab Fixed-Income ETFs
Performance at a Glance

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. To obtain performance information current to the most recent month end, please visit www.schwabassetmanagement.com/schwabetfs_prospectus.
Total Returns for the 6 Months Ended June 30, 2022
Schwab U.S. TIPS ETF
(Ticker Symbol: SCHP)
 
Market Price Return1 -8.98%
NAV Return1 -8.88%
Bloomberg US Treasury Inflation-Linked Bond Index (Series-L)SM -8.92%
ETF Category: Morningstar Inflation-Protected Bond2 -6.81%
Performance Details page 6
Schwab Short-Term U.S. Treasury ETF
(Ticker Symbol: SCHO)
 
Market Price Return1 -3.04%
NAV Return1 -3.00%
Bloomberg US Treasury 1-3 Year Index -3.01%
ETF Category: Morningstar Short Government2 -3.68%
Performance Details page 7
Schwab Intermediate-Term U.S. Treasury ETF
(Ticker Symbol: SCHR)
 
Market Price Return1 -7.62%
NAV Return1 -7.70%
Bloomberg US Treasury 3-10 Year Index -7.73%
ETF Category: Morningstar Intermediate Government2 -8.10%
Performance Details page 8
Schwab Long-Term U.S. Treasury ETF
(Ticker Symbol: SCHQ)
 
Market Price Return1 -20.81%
NAV Return1 -20.99%
Bloomberg US Long Treasury Index -21.25%
ETF Category: Morningstar Long Government2 -21.10%
Performance Details page 9
Total Returns for the 6 Months Ended June 30, 2022
Schwab U.S. Aggregate Bond ETF
(Ticker Symbol: SCHZ)
 
Market Price Return1 -10.34%
NAV Return1 -10.27%
Bloomberg US Aggregate Bond Index -10.35%
ETF Category: Morningstar Intermediate Core Bond2 -10.53%
Performance Details page 10
Schwab 1-5 Year Corporate Bond ETF
(Ticker Symbol: SCHJ)
 
Market Price Return1 -5.54%
NAV Return1 -5.56%
Bloomberg US 1-5 Year Corporate Bond Index -5.60%
ETF Category: Morningstar Short-Term Bond2 -4.86%
Performance Details page 11
Schwab 5-10 Year Corporate Bond ETF
(Ticker Symbol: SCHI)
 
Market Price Return1 -12.83%
NAV Return1 -12.87%
Bloomberg US 5-10 Year Corporate Bond Index -12.94%
ETF Category: Morningstar Corporate Bond2 -13.83%
Performance Details page 12
All total returns on this page assume dividends and distributions were reinvested. Index figures do not include trading and management costs, which would lower performance. Indices are unmanaged and cannot be invested in directly. Performance results less than one year are not annualized.
For index definitions, please see the Glossary.
Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares.
Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Brokerage commissions will reduce returns.
Fixed income securities are subject to increased loss of principal during periods of rising interest rates. An investment in the fund(s) is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
U.S. Treasury Inflation-Protected Securities (TIPS) generally have lower yields than conventional fixed rate bonds and will likely decline in price during periods of deflation, which could result in losses.
Index ownership — Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively Bloomberg). Bloomberg or Bloomberg’s licensors own all proprietary rights in the Bloomberg Indices. Neither Bloomberg nor Bloomberg’s licensors approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.
1 ETF performance must be shown based on both a Market Price and a NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the fair value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined using the Official Closing Price of the primary stock exchange (generally, 4:00 p.m. Eastern time) and may not represent the returns you would receive if shares were traded at other times. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively.
2 Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs and mutual funds within the category as of the report date.
2
Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab Fixed-Income ETFs
The Investment Environment

For the six-month reporting period ended June 30, 2022, both U.S. fixed-income and U.S. equity markets lost ground as inflation accelerated, interest rates rose, and, in late February, Russia invaded Ukraine. Economic growth slowed around the world and fears of an impending recession rose. The spread of COVID-19 continued to weigh on economic growth worldwide, with the highly transmissible Omicron variant and subvariants keeping infection rates high in many areas. For the six-month reporting period, the Bloomberg US Aggregate Bond Index, representing the broad U.S. bond market, returned -10.35%. The Bloomberg US 1-5 Year Corporate Bond Index and Bloomberg US 5-10 Year Corporate Bond Index returned -5.60% and -12.94%, respectively, while the Bloomberg US Treasury 1-3 Year Index and the Bloomberg US Treasury 3-10 Year Index returned -3.01% and -7.73%, respectively. The Bloomberg US Treasury Inflation-Linked Bond Index (Series-L)SM returned -8.92%.
Amid fading government stimuli, ongoing supply chain disruptions, persisting inflation, and a widening U.S. trade deficit, gross domestic product (GDP) decreased at an annualized rate of -1.6% for the first quarter of 2022. The unemployment rate, which has fallen steadily since skyrocketing in April 2020, ended the reporting period near pre-pandemic lows. Inflation rose through the reporting period, with just a slight downtick in April, ending the reporting period at its highest level in more than 40 years, due to imbalances in the labor market, supply chain bottlenecks, and soaring energy costs.
Monetary policies around the world varied. In the United States, after maintaining the federal funds rate in a range of 0.00% to 0.25% through mid-March, the U.S. Federal Reserve (Fed) shifted its stance as inflation continued to rise and indicators of economic activity and employment continued to strengthen. After issuing successively stronger signals that interest rates could begin to rise sooner in 2022 than previously anticipated, the Fed increased the federal funds rate by 0.25% in mid-March, 0.50% in early May, and 0.75% in mid-June in an effort to achieve a return to price stability. The federal funds rate ended the reporting period in a range of 1.50% to 1.75%. In addition, the Fed’s bond-buying program, which it had begun to scale back in November 2021, was ended altogether in early March 2022. In June, the Fed also began to reduce the $9 trillion in assets it holds on its balance sheet, vowing to be more aggressive than during its last round of quantitative tightening in 2017 through 2019.
Yields of U.S. Treasury Securities: Effective Yields of Three-Month, Two-Year and 10-Year Treasuries    
 
Index figures assume dividends and distributions were reinvested. Index figures do not include trading and management costs, which would lower performance. Indices are unmanaged and cannot be invested in directly. Performance results less than one year are not annualized. Past performance is not an indication of future results.
For index definitions, please see the Glossary.
Data source: Bloomberg L.P.
Nothing in this report represents a recommendation of a security by the investment adviser.
Management views may have changed since the report date.
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Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab Fixed-Income ETFs
The Investment Environment (continued)

Outside the United States, after holding its policy rate unchanged since March 2016, at 0.00%, the European Central Bank announced in June its intention to raise interest rates in July for the first time in 11 years. The European Central Bank also intended to end its long-running asset purchase program and downgraded its growth forecasts. Also in June, the Bank of England raised its key official bank rate for the fifth consecutive time, to 1.25%, bringing borrowing costs to a 13-year high as the Bank of England wrestles with soaring inflation. In contrast, the Bank of Japan upheld its short-term interest rate target of -0.1%, also unchanged since 2016, and vowed to defend its cap on bond yields with unlimited buying, as opposed to the monetary tightening being employed in many other countries around the globe.
Bond markets were volatile during the reporting period, particularly as the Fed’s tightening cycle accelerated. As inflation continued to rise and Fed monetary policy shifted, bond yields began to rise in early 2022, exerting downward pressure on bond prices. Yields touched reporting-period highs in mid-June before falling back slightly. (Bond yields and bond prices typically move in opposite directions.) During the reporting period, portions of the yield curve inverted, which is often an indicator of a possible recession. The yield on the 10-year U.S. Treasury began the reporting period at 1.52%, hit a reporting-period high of 3.49% in mid-June, and ended the reporting period at 2.98% as concerns about slowing economic growth mounted. Short-term rates also rose, with the yield on the three-month U.S. Treasury climbing from 0.06% to 1.72% over the reporting period.
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Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab Fixed-Income ETFs
Fund Management

 Matthew Hastings, CFA, Managing Director and Head of Taxable Bond Strategies for Schwab Asset Management, leads the portfolio management team for the Schwab Fixed-Income ETFs and Schwab Taxable Bond Funds. He also has overall responsibility for all aspects of the management of the funds. Prior to joining Schwab in 1999, Mr. Hastings was in fixed-income sales and trading at Lehman Brothers. He has worked in the fixed-income securities industry since 1996.
    
 Steven Hung, Senior Portfolio Manager, is responsible for the day-to-day co-management of the Schwab U.S. Aggregate Bond ETF, Schwab 1-5 Year Corporate Bond ETF and Schwab 5-10 Year Corporate Bond ETF. His primary focus is corporate bonds. Prior to joining Schwab in 1999, Mr. Hung was an associate in Schwab’s management training program for nine months. In that role, he worked as a clerk on the options trading floor of the Pacific Coast Stock Exchange.
    
 Mark McKissick, CFA, Senior Portfolio Manager, is responsible for the day-to-day co-management of the Schwab U.S. TIPS ETF, Schwab Short-Term U.S. Treasury ETF, Schwab Intermediate-Term U.S. Treasury ETF, Schwab Long-Term U.S. Treasury ETF and Schwab U.S. Aggregate Bond ETF. Prior to joining Schwab in 2016, Mr. McKissick worked at Denver Investments for 17 years, most recently as a director of fixed income and portfolio manager. In this role he co-managed multiple bond strategies, as well as oversaw the firm’s fixed-income business including the investment process, client service and other administrative functions.
    
 Alfonso Portillo, Jr., Senior Portfolio Manager, is responsible for the day-to-day co-management of the Schwab U.S. Aggregate Bond ETF. His primary focus is securitized products. Prior to joining Schwab in 2007, Mr. Portillo worked for ten years at Pacific Investment Management Company, most recently as a vice president and member of the mortgage- and asset-backed portfolio management team. He has worked in fixed-income asset management since 1996.
5
Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab U.S. TIPS ETF as of June 30, 2022

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. To obtain performance information current to the most recent month end, please visit www.schwabassetmanagement.com/schwabetfs_prospectus.    
 
Average Annual Total Returns1
Fund and Inception Date 6 Months 1 Year 5 Years 10 Years
Fund: Schwab U.S. TIPS ETF (8/5/2010)        
Market Price Return2 -8.98% -5.14% 3.15% 1.64%
NAV Return2 -8.88% -5.17% 3.15% 1.66%
Bloomberg US Treasury Inflation-Linked Bond Index (Series-L)SM -8.92% -5.14% 3.21% 1.73%
ETF Category: Morningstar Inflation-Protected Bond3 -6.81% -3.79% 2.85% 1.39%
Fund Expense Ratio4: 0.04%
Portfolio Composition % of Investments5
By Security Type

Weighted Average Maturity7 7.4 Yrs
Weighted Average Duration7 6.9 Yrs
All total returns on this page assume dividends and distributions were reinvested. Index figures do not include trading and management costs, which would lower performance. Indices are unmanaged and cannot be invested in directly. Performance results less than one year are not annualized.
For index definitions, please see the Glossary.
Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Brokerage commissions will reduce returns.
Index ownership — Bloomberg® and Bloomberg US Treasury Inflation-Linked Bond Index (Series-L)SM are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL), the administrator of the indices (collectively, Bloomberg). Bloomberg is not affiliated with Charles Schwab Investment Management, Inc., and Bloomberg does not approve, endorse, review, or recommend Schwab U.S. TIPS ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Schwab U.S. TIPS ETF.
Portfolio holdings may have changed since the report date.
An index is a statistical composite of a specified financial market or sector. Unlike the fund, an index does not actually hold a portfolio of securities and its return is not inclusive of operational and transaction costs incurred by the fund.
Fixed income securities are subject to increased loss of principal during periods of rising interest rates. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
TIPS generally have lower yields than conventional fixed rate bonds and will likely decline in price during periods of deflation, which could result in losses.
1 Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares.
2 ETF performance must be shown based on both a Market Price and a NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the fair value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined using the Official Closing Price of the primary stock exchange (generally, 4:00 p.m. Eastern time) and may not represent the returns you would receive if shares were traded at other times. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively.
3 Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs and mutual funds within the category as of the report date.
4 As stated in the prospectus. Effective July 1, 2022, the management fee was reduced to 0.04%. For more information, see financial note 4 or refer to the prospectus.
5 The percentage may differ from the Portfolio Holdings because the above calculation is based on a percentage of total investments, whereas the calculation in the Portfolio Holdings is based on a percentage of net assets.
6 Less than 0.05%.
7 See Glossary for definitions of maturity and duration.
6
Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab Short-Term U.S. Treasury ETF as of June 30, 2022

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. To obtain performance information current to the most recent month end, please visit www.schwabassetmanagement.com/schwabetfs_prospectus.    
 
Average Annual Total Returns1
Fund and Inception Date 6 Months 1 Year 5 Years 10 Years
Fund: Schwab Short-Term U.S. Treasury ETF (8/5/2010)        
Market Price Return2 -3.04% -3.56% 0.84% 0.70%
NAV Return2 -3.00% -3.54% 0.85% 0.70%
Bloomberg US Treasury 1-3 Year Index -3.01% -3.51% 0.90% 0.77%
ETF Category: Morningstar Short Government3 -3.68% -4.36% 0.60% 0.55%
Fund Expense Ratio4: 0.03%
Portfolio Composition % of Investments5
By Security Type

Weighted Average Maturity6 2.0 Yrs
Weighted Average Duration6 1.9 Yrs
All total returns on this page assume dividends and distributions were reinvested. Index figures do not include trading and management costs, which would lower performance. Indices are unmanaged and cannot be invested in directly. Performance results less than one year are not annualized.
For index definitions, please see the Glossary.
Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Brokerage commissions will reduce returns.
Index ownership — Bloomberg® and Bloomberg US Treasury 1-3 Year Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL), the administrator of the indices (collectively, Bloomberg). Bloomberg is not affiliated with Charles Schwab Investment Management, Inc., and Bloomberg does not approve, endorse, review, or recommend Schwab Short-Term U.S. Treasury ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Schwab Short-Term U.S. Treasury ETF.
Portfolio holdings may have changed since the report date.
An index is a statistical composite of a specified financial market or sector. Unlike the fund, an index does not actually hold a portfolio of securities and its return is not inclusive of operational and transaction costs incurred by the fund.
Fixed income securities are subject to increased loss of principal during periods of rising interest rates. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
1 Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares.
2 ETF performance must be shown based on both a Market Price and a NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the fair value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined using the Official Closing Price of the primary stock exchange (generally, 4:00 p.m. Eastern time) and may not represent the returns you would receive if shares were traded at other times. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively.
3 Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs and mutual funds within the category as of the report date.
4 As stated in the prospectus. Effective July 1, 2022, the management fee was reduced to 0.03%. For more information, see financial note 4 or refer to the prospectus.
5 The percentage may differ from the Portfolio Holdings because the above calculation is based on a percentage of total investments, whereas the calculation in the Portfolio Holdings is based on a percentage of net assets.
6 See Glossary for definitions of maturity and duration.
7
Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab Intermediate-Term U.S. Treasury ETF as of June 30, 2022

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. To obtain performance information current to the most recent month end, please visit www.schwabassetmanagement.com/schwabetfs_prospectus.    
 
Average Annual Total Returns1
Fund and Inception Date 6 Months 1 Year 5 Years 10 Years
Fund: Schwab Intermediate-Term U.S. Treasury ETF (8/5/2010)        
Market Price Return2 -7.62% -8.30% 0.82% 1.06%
NAV Return2 -7.70% -8.34% 0.82% 1.06%
Bloomberg US Treasury 3-10 Year Index -7.73% -8.31% 0.86% 1.13%
ETF Category: Morningstar Intermediate Government3 -8.10% -8.54% 0.34% 0.76%
Fund Expense Ratio4: 0.03%
Portfolio Composition % of Investments5
By Security Type

Weighted Average Maturity6 5.6 Yrs
Weighted Average Duration6 5.3 Yrs
All total returns on this page assume dividends and distributions were reinvested. Index figures do not include trading and management costs, which would lower performance. Indices are unmanaged and cannot be invested in directly. Performance results less than one year are not annualized.
For index definitions, please see the Glossary.
Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Brokerage commissions will reduce returns.
Index ownership — Bloomberg® and Bloomberg US Treasury 3-10 Year Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL), the administrator of the indices (collectively, Bloomberg). Bloomberg is not affiliated with Charles Schwab Investment Management, Inc., and Bloomberg does not approve, endorse, review, or recommend Schwab Intermediate-Term U.S. Treasury ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Schwab Intermediate-Term U.S. Treasury ETF.
Portfolio holdings may have changed since the report date.
An index is a statistical composite of a specified financial market or sector. Unlike the fund, an index does not actually hold a portfolio of securities and its return is not inclusive of operational and transaction costs incurred by the fund.
Fixed income securities are subject to increased loss of principal during periods of rising interest rates. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
1 Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares.
2 ETF performance must be shown based on both a Market Price and a NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the fair value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined using the Official Closing Price of the primary stock exchange (generally, 4:00 p.m. Eastern time) and may not represent the returns you would receive if shares were traded at other times. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively.
3 Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs and mutual funds within the category as of the report date.
4 As stated in the prospectus. Effective July 1, 2022, the management fee was reduced to 0.03%. For more information, see financial note 4 or refer to the prospectus.
5 The percentage may differ from the Portfolio Holdings because the above calculation is based on a percentage of total investments, whereas the calculation in the Portfolio Holdings is based on a percentage of net assets.
6 See Glossary for definitions of maturity and duration.
8
Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab Long-Term U.S. Treasury ETF as of June 30, 2022

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. To obtain performance information current to the most recent month end, please visit www.schwabassetmanagement.com/schwabetfs_prospectus.    
 
Average Annual Total Returns1
Fund and Inception Date 6 Months 1 Year Since Inception*
Fund: Schwab Long-Term U.S. Treasury ETF (10/10/2019)      
Market Price Return2 -20.81% -18.28% -6.15%
NAV Return2 -20.99% -18.44% -6.20%
Bloomberg US Long Treasury Index -21.25% -18.45% -6.19%
ETF Category: Morningstar Long Government3 -21.10% -18.80% N/A
Fund Expense Ratio4: 0.03%
Portfolio Composition % of Investments5
By Security Type

Weighted Average Maturity7 23.6 Yrs
Weighted Average Duration7 16.9 Yrs
All total returns on this page assume dividends and distributions were reinvested. Index figures do not include trading and management costs, which would lower performance. Indices are unmanaged and cannot be invested in directly. Performance results less than one year are not annualized.
For index definitions, please see the Glossary.
Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Brokerage commissions will reduce returns.
Index ownership — Bloomberg® and Bloomberg US Long Treasury Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL), the administrator of the indices (collectively, Bloomberg). Bloomberg is not affiliated with Charles Schwab Investment Management, Inc., and Bloomberg does not approve, endorse, review, or recommend Schwab Long-Term U.S. Treasury ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Schwab Long-Term U.S. Treasury ETF.
Portfolio holdings may have changed since the report date.
An index is a statistical composite of a specified financial market or sector. Unlike the fund, an index does not actually hold a portfolio of securities and its return is not inclusive of operational and transaction costs incurred by the fund.
Fixed income securities are subject to increased loss of principal during periods of rising interest rates. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
* Inception (10/10/19) represents the date that the shares began trading in the secondary market.
1 Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares.
2 ETF performance must be shown based on both a Market Price and a NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the fair value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined using the Official Closing Price of the primary stock exchange (generally, 4:00 p.m. Eastern time) and may not represent the returns you would receive if shares were traded at other times. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively.
3 Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs and mutual funds within the category as of the report date.
4 As stated in the prospectus. Effective July 1, 2022, the management fee was reduced to 0.03%. For more information, see financial note 4 or refer to the prospectus.
5 The percentage may differ from the Portfolio Holdings because the above calculation is based on a percentage of total investments, whereas the calculation in the Portfolio Holdings is based on a percentage of net assets.
6 Less than 0.05%.
7 See Glossary for definitions of maturity and duration.
9
Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab U.S. Aggregate Bond ETF as of June 30, 2022

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. To obtain performance information current to the most recent month end, please visit www.schwabassetmanagement.com/schwabetfs_prospectus.    
 
Average Annual Total Returns1
Fund and Inception Date 6 Months 1 Year 5 Years 10 Years
Fund: Schwab U.S. Aggregate Bond ETF (7/14/2011)        
Market Price Return2 -10.34% -10.41% 0.76% 1.42%
NAV Return2 -10.27% -10.31% 0.81% 1.46%
Bloomberg US Aggregate Bond Index -10.35% -10.29% 0.88% 1.54%
ETF Category: Morningstar Intermediate Core Bond3 -10.53% -10.74% 0.72% 1.47%
Fund Expense Ratio4: 0.03%
Portfolio Composition % of Investments5
By Security Type

Weighted Average Maturity7 8.8 Yrs
Weighted Average Duration7 6.5 Yrs
All total returns on this page assume dividends and distributions were reinvested. Index figures do not include trading and management costs, which would lower performance. Indices are unmanaged and cannot be invested in directly. Performance results less than one year are not annualized.
For index definitions, please see the Glossary.
Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Brokerage commissions will reduce returns.
Index ownership — Bloomberg® and Bloomberg US Aggregate Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL), the administrator of the indices (collectively, Bloomberg). Bloomberg is not affiliated with Charles Schwab Investment Management, Inc., and Bloomberg does not approve, endorse, review, or recommend Schwab U.S. Aggregate Bond ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Schwab U.S. Aggregate Bond ETF.
Portfolio holdings may have changed since the report date.
An index is a statistical composite of a specified financial market or sector. Unlike the fund, an index does not actually hold a portfolio of securities and its return is not inclusive of operational and transaction costs incurred by the fund.
Fixed income securities are subject to increased loss of principal during periods of rising interest rates. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
1 Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares.
2 ETF performance must be shown based on both a Market Price and a NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the fair value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined using the Official Closing Price of the primary stock exchange (generally, 4:00 p.m. Eastern time) and may not represent the returns you would receive if shares were traded at other times. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively.
3 Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs and mutual funds within the category as of the report date.
4 As stated in the prospectus. Effective July 1, 2022, the management fee was reduced to 0.03%. For more information, see financial note 4 or refer to the prospectus.
5 The percentage may differ from the Portfolio Holdings because the above calculation is based on a percentage of total investments, whereas the calculation in the Portfolio Holdings is based on a percentage of net assets.
6 The fund may seek to obtain exposure to U.S. agency mortgage pass-through securities, in part or in full, through the use of “to-be-announced” or “TBA” transactions, which are standardized contracts for future delivery of mortgage pass-through securities in which the exact mortgage pools to be delivered are not specified until a few days prior to settlement. These transactions represented approximately 1.6% of total investments on June 30, 2022.
7 See Glossary for definitions of maturity and duration.
10
Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab 1-5 Year Corporate Bond ETF as of June 30, 2022

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. To obtain performance information current to the most recent month end, please visit www.schwabassetmanagement.com/schwabetfs_prospectus.    
 
Average Annual Total Returns1
Fund and Inception Date 6 Months 1 Year Since Inception*
Fund: Schwab 1-5 Year Corporate Bond ETF (10/10/2019)      
Market Price Return2 -5.54% -6.18% -0.26%
NAV Return2 -5.56% -6.14% -0.25%
Bloomberg US 1-5 Year Corporate Bond Index -5.60% -6.14% -0.15%
ETF Category: Morningstar Short-Term Bond3 -4.86% -5.19% N/A
Fund Expense Ratio4: 0.03%
Portfolio Composition % of Investments5
By Security Type

Weighted Average Maturity6 3.2 Yrs
Weighted Average Duration6 2.8 Yrs
All total returns on this page assume dividends and distributions were reinvested. Index figures do not include trading and management costs, which would lower performance. Indices are unmanaged and cannot be invested in directly. Performance results less than one year are not annualized.
For index definitions, please see the Glossary.
Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Brokerage commissions will reduce returns.
Index ownership — Bloomberg® and Bloomberg US 1-5 Year Corporate Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL), the administrator of the indices (collectively, Bloomberg). Bloomberg is not affiliated with Charles Schwab Investment Management, Inc., and Bloomberg does not approve, endorse, review, or recommend Schwab 1-5 Year Corporate Bond ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Schwab 1-5 Year Corporate Bond ETF.
Portfolio holdings may have changed since the report date.
An index is a statistical composite of a specified financial market or sector. Unlike the fund, an index does not actually hold a portfolio of securities and its return is not inclusive of operational and transaction costs incurred by the fund.
Fixed income securities are subject to increased loss of principal during periods of rising interest rates. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
* Inception (10/10/19) represents the date that the shares began trading in the secondary market.
1 Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares.
2 ETF performance must be shown based on both a Market Price and a NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the fair value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined using the Official Closing Price of the primary stock exchange (generally, 4:00 p.m. Eastern time) and may not represent the returns you would receive if shares were traded at other times. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively.
3 Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs and mutual funds within the category as of the report date.
4 As stated in the prospectus. Effective July 1, 2022, the management fee was reduced to 0.03%. For more information, see financial note 4 or refer to the prospectus.
5 The percentage may differ from the Portfolio Holdings because the above calculation is based on a percentage of total investments, excluding derivatives, whereas the calculation in the Portfolio Holdings is based on a percentage of net assets.
6 See Glossary for definitions of maturity and duration.
11
Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab 5-10 Year Corporate Bond ETF as of June 30, 2022

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. To obtain performance information current to the most recent month end, please visit www.schwabassetmanagement.com/schwabetfs_prospectus.    
 
Average Annual Total Returns1
Fund and Inception Date 6 Months 1 Year Since Inception*
Fund: Schwab 5-10 Year Corporate Bond ETF (10/10/2019)      
Market Price Return2 -12.83% -13.35% -2.05%
NAV Return2 -12.87% -13.30% -2.01%
Bloomberg US 5-10 Year Corporate Bond Index -12.94% -13.27% -1.94%
ETF Category: Morningstar Corporate Bond3 -13.83% -13.91% N/A
Fund Expense Ratio4: 0.03%
Portfolio Composition % of Investments5
By Security Type

Weighted Average Maturity6 7.6 Yrs
Weighted Average Duration6 6.4 Yrs
All total returns on this page assume dividends and distributions were reinvested. Index figures do not include trading and management costs, which would lower performance. Indices are unmanaged and cannot be invested in directly. Performance results less than one year are not annualized.
For index definitions, please see the Glossary.
Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Brokerage commissions will reduce returns.
Index ownership — Bloomberg® and Bloomberg US 5-10 Year Corporate Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL), the administrator of the indices (collectively, Bloomberg). Bloomberg is not affiliated with Charles Schwab Investment Management, Inc., and Bloomberg does not approve, endorse, review, or recommend Schwab 5-10 Year Corporate Bond ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Schwab 5-10 Year Corporate Bond ETF.
Portfolio holdings may have changed since the report date.
An index is a statistical composite of a specified financial market or sector. Unlike the fund, an index does not actually hold a portfolio of securities and its return is not inclusive of operational and transaction costs incurred by the fund.
Fixed income securities are subject to increased loss of principal during periods of rising interest rates. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
* Inception (10/10/19) represents the date that the shares began trading in the secondary market.
1 Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares.
2 ETF performance must be shown based on both a Market Price and a NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the fair value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined using the Official Closing Price of the primary stock exchange (generally, 4:00 p.m. Eastern time) and may not represent the returns you would receive if shares were traded at other times. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively.
3 Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs and mutual funds within the category as of the report date.
4 As stated in the prospectus. Effective July 1, 2022, the management fee was reduced to 0.03%. For more information, see financial note 4 or refer to the prospectus.
5 The percentage may differ from the Portfolio Holdings because the above calculation is based on a percentage of total investments, excluding derivatives, whereas the calculation in the Portfolio Holdings is based on a percentage of net assets.
6 See Glossary for definitions of maturity and duration.
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Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab Fixed-Income ETFs
Fund Expenses (Unaudited)
Examples for a $1,000 Investment
As a fund shareholder, you may incur two types of costs: (1) transaction costs, including brokerage commissions on purchases and sales of fund shares; and, (2) ongoing costs, including management fees.
The expense examples below are intended to help you understand your ongoing cost (in dollars) of investing in a fund and to compare this cost with the ongoing cost of investing in other mutual funds. These examples are based on an investment of $1,000 invested for six months beginning January 1, 2022 and held through June 30, 2022.
Actual Return lines in the table below provide information about actual account values and actual expenses. You may use this information, together with the amount you invested, to estimate the expenses that you paid over the period. To do so, simply divide your account value by $1,000 (for example, an $8,600 account value ÷ $1,000 = 8.6), then multiply the result by the number given for your fund under the heading entitled “Expenses Paid During Period.”
Hypothetical Return lines in the table below provide information about hypothetical account values and hypothetical expenses based on a fund’s actual expense ratio and an assumed return of 5% per year before expenses. Because the return used is not an actual return, it may not be used to estimate the actual ending account value or expenses you paid for the period.
You may use this information to compare the ongoing costs of investing in a fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only, and do not reflect any transactional costs, including any brokerage commissions you may pay when purchasing or selling shares of a fund. Therefore, the hypothetical return lines of the table are useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
 
    
    
  EXPENSE RATIO
(ANNUALIZED) 1
BEGINNING
ACCOUNT VALUE
AT 1/1/22
ENDING
ACCOUNT VALUE
(NET OF EXPENSES)
AT 6/30/22
EXPENSES PAID
DURING PERIOD
1/1/22-6/30/222
Schwab U.S. TIPS ETF        
Actual Return 0.05% $1,000.00 $ 911.20 $0.24
Hypothetical 5% Return 0.05% $1,000.00 $1,024.55 $0.25
Schwab Short-Term U.S. Treasury ETF        
Actual Return 0.04% $1,000.00 $ 970.00 $0.20
Hypothetical 5% Return 0.04% $1,000.00 $1,024.60 $0.20
Schwab Intermediate-Term U.S. Treasury ETF        
Actual Return 0.04% $1,000.00 $ 923.00 $0.19
Hypothetical 5% Return 0.04% $1,000.00 $1,024.60 $0.20
Schwab Long-Term U.S. Treasury ETF        
Actual Return 0.04% $1,000.00 $ 790.10 $0.18
Hypothetical 5% Return 0.04% $1,000.00 $1,024.60 $0.20
Schwab U.S. Aggregate Bond ETF        
Actual Return 0.04% $1,000.00 $ 897.30 $0.19
Hypothetical 5% Return 0.04% $1,000.00 $1,024.60 $0.20
Schwab 1-5 Year Corporate Bond ETF         
Actual Return 0.04% $1,000.00 $ 944.40 $0.19
Hypothetical 5% Return 0.04% $1,000.00 $1,024.60 $0.20
Schwab 5-10 Year Corporate Bond ETF        
Actual Return 0.04% $1,000.00 $ 871.30 $0.19
Hypothetical 5% Return 0.04% $1,000.00 $1,024.60 $0.20
    
1 Based on the most recent six-month expense ratio. Effective July 1, 2022, the management fee of the Schwab U.S. TIPS ETF, Schwab Short-Term U.S. Treasury ETF, Schwab Intermediate-Term U.S. Treasury ETF, Schwab Long-Term U.S. Treasury ETF, Schwab U.S. Aggregate Bond ETF, Schwab 1-5 Year Corporate Bond ETF and Schwab 5-10 Year Corporate Bond ETF were reduced to 0.04%, 0.03%, 0.03%, 0.03%, 0.03%, 0.03% and 0.03%, respectively. If the fund expense changes had been in place throughout the entire most recent fiscal half-year, the expenses paid during period under the actual return and hypothetical 5% return example would have been the following; For Schwab U.S. TIPS ETF, $0.19 and $0.20, respectively, for Schwab Short-Term U.S. Treasury ETF, $0.15 and $0.15, respectively, for Schwab Intermediate-Term U.S. Treasury ETF, $0.14 and $0.15, respectively, for Schwab Long-Term U.S. Treasury ETF, $0.13 and $0.15, respectively, for Schwab U.S. Aggregate Bond ETF, $0.14 and $0.15, respectively, for Schwab 1-5 Year Corporate Bond ETF, $0.14 and $0.15, respectively, and for Schwab 5-10 Year Corporate Bond ETF, $0.14 and $0.15, respectively. (See financial note 4)
2 Expenses for each fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by 181 days of the period, and divided by 365 days of the fiscal year.
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Schwab Fixed-Income ETFs  |  Semiannual Report

 

Schwab U.S. TIPS ETF
Financial Statements
FINANCIAL HIGHLIGHTS
  1/1/22–
6/30/22*
1/1/21–
12/31/21
1/1/20–
12/31/20
1/1/19–
12/31/19
1/1/18–
12/31/18
1/1/17–
12/31/17
Per-Share Data
Net asset value at beginning of period $62.83 $62.06 $56.57 $53.27 $55.39 $54.84
Income (loss) from investment operations:            
Net investment income (loss)1 2.11 2.93 0.81 1.21 1.51 1.17
Net realized and unrealized gains (losses) (7.63) 0.60 5.37 3.23 (2.23) 0.43
Total from investment operations (5.52) 3.53 6.18 4.44 (0.72) 1.60
Less distributions:            
Distributions from net investment income (1.50) (2.76) (0.69) (1.14) (1.40) (1.05)
Net asset value at end of period $55.81 $62.83 $62.06 $56.57 $53.27 $55.39
Total return (8.88%) 2 5.80% 10.94% 8.36% (1.31%) 2.95%
Ratios/Supplemental Data
Ratios to average net assets:            
Total expenses 0.05% 3 0.05% 0.05% 0.05% 0.05% 0.05% 4
Net investment income (loss) 7.09% 3 4.69% 1.36% 2.18% 2.80% 2.13%
Portfolio turnover rate5 8% 2 19% 23% 20% 17% 19%
Net assets, end of period (x 1,000,000) $15,768 $21,304 $14,090 $8,734 $5,779 $2,880
    
* Unaudited.
1 Calculated based on the average shares outstanding during the period.
2 Not annualized.
3 Annualized.
4 Effective March 1, 2017, the annual operating expense ratio was reduced. The ratio presented for the period ended 12/31/17 is a blended ratio.
5 Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions.
14
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. TIPS ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited)

This section shows all the securities in the fund’s portfolio and their values as of the report date.
The fund files its complete schedule of portfolio holdings with the U.S. Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year on Form N-PORT Part F. The fund’s Form N-PORT Part F is available on the SEC’s website at www.sec.gov. You can also obtain this information at no cost on the fund’s website at www.schwabassetmanagement.com/schwabetfs_prospectus, by calling 1-866-414-6349, or by sending an email request to orders@mysummaryprospectus.com. The fund also makes available its complete schedule of portfolio holdings on a daily basis on the fund’s website.
For fixed rate obligations, the rate shown is the interest rate (the rate established when the obligation was issued). For variable rate obligations, the rate shown is the rate as of the report date based on each security’s rate reset date. The reference rate and spread used is shown parenthetically in the security description, if available; if not, the reference rate is described in a footnote. The maturity date shown for all the securities is the final legal maturity. Inflation-protected securities are fixed-income securities whose principal value is periodically adjusted by the rate of inflation. The interest rate on these instruments is generally lower at issuance than typical bonds or notes. Over the life of an inflation-indexed instrument interest will be paid based on a principal value, which is adjusted for any inflation or deflation.
 
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
TREASURIES 99.8% OF NET ASSETS
U.S. Treasury Inflation Protected Securities
0.38%, 07/15/23 610,335,928 621,398,322
0.63%, 01/15/24 580,974,545 590,786,560
0.50%, 04/15/24 326,230,084 330,900,387
0.13%, 07/15/24 527,496,896 532,828,085
0.13%, 10/15/24 470,536,961 473,542,097
0.25%, 01/15/25 482,389,961 485,265,941
2.38%, 01/15/25 328,797,281 348,612,548
0.13%, 04/15/25 385,447,684 385,598,278
0.38%, 07/15/25 528,966,649 534,174,992
0.13%, 10/15/25 468,948,056 468,921,574
0.63%, 01/15/26 445,360,175 450,666,156
2.00%, 01/15/26 212,204,322 224,942,727
0.13%, 04/15/26 362,339,181 359,018,310
0.13%, 07/15/26 443,896,252 440,397,910
0.13%, 10/15/26 501,252,577 496,676,683
0.38%, 01/15/27 413,362,661 411,988,263
2.38%, 01/15/27 205,169,867 222,980,390
0.13%, 04/15/27 512,194,919 504,211,418
0.38%, 07/15/27 455,732,321 454,318,826
0.50%, 01/15/28 465,409,722 462,386,979
1.75%, 01/15/28 192,888,102 204,761,399
3.63%, 04/15/28 198,065,855 231,432,649
0.75%, 07/15/28 405,137,464 408,428,639
0.88%, 01/15/29 347,489,380 350,727,160
2.50%, 01/15/29 178,112,078 198,189,667
3.88%, 04/15/29 234,583,742 283,220,302
0.25%, 07/15/29 410,625,555 398,351,120
0.13%, 01/15/30 463,762,179 442,681,118
0.13%, 07/15/30 513,521,509 489,758,060
0.13%, 01/15/31 531,503,622 505,533,383
0.13%, 07/15/31 543,444,131 517,005,155
0.13%, 01/15/32 592,772,146 562,412,847
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.38%, 04/15/32 82,500,268 103,145,901
2.13%, 02/15/40 107,975,907 126,157,948
2.13%, 02/15/41 155,690,487 180,968,885
0.75%, 02/15/42 252,356,645 230,830,509
0.63%, 02/15/43 198,166,236 175,233,445
1.38%, 02/15/44 272,565,986 278,896,653
0.75%, 02/15/45 300,023,944 269,303,313
1.00%, 02/15/46 154,481,302 146,446,915
0.88%, 02/15/47 189,321,757 175,066,603
1.00%, 02/15/48 137,648,049 131,363,684
1.00%, 02/15/49 128,933,561 124,139,644
0.25%, 02/15/50 194,871,818 153,851,499
0.13%, 02/15/51 196,132,404 151,256,551
0.13%, 02/15/52 118,024,665 91,942,422
Total Treasuries
(Cost $17,351,646,860)
15,730,721,917
    
SECURITY NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.0% OF NET ASSETS
 
Money Market Funds 0.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class 1.43% (a) 1,137,973 1,137,973
Total Short-Term Investments
(Cost $1,137,973)
1,137,973
Total Investments in Securities
(Cost $17,352,784,833)
15,731,859,890
    
(a) The rate shown is the 7-day yield.
 
15
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. TIPS ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

The following is a summary of the inputs used to value the fund’s investments as of June 30, 2022 (see financial note 2(a) for additional information):
DESCRIPTION QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets        
Treasuries 1 $— $15,730,721,917 $— $15,730,721,917
Short-Term Investments1 1,137,973 1,137,973
Total $1,137,973 $15,730,721,917 $— $15,731,859,890
    
1 As categorized in the Portfolio Holdings.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
16
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. TIPS ETF
Statement of Assets and Liabilities

As of June 30, 2022; unaudited
Assets
Investments in securities, at value - unaffiliated (cost $17,352,784,833)   $15,731,859,890
Receivables:    
Investments sold   238,136,788
Interest   37,991,075
Dividends + 17,249
Total assets   16,008,005,002
Liabilities
Payables:    
Investments bought   236,704,062
Fund shares redeemed   2,790,270
Management fees   649,660
Due to custodian + 4,851
Total liabilities   240,148,843
Net assets   $15,767,856,159
Net Assets by Source
Capital received from investors   $17,262,707,130
Total distributable loss + (1,494,850,971)
Net assets   $15,767,856,159
    
Net Asset Value (NAV)
Net Assets ÷ Shares
Outstanding
= NAV
$15,767,856,159   282,550,000   $55.81
         
         
17
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. TIPS ETF
Statement of Operations

For the period January 1, 2022 through June 30, 2022; unaudited
Investment Income
Interest received from securities - unaffiliated   $672,470,530
Dividends received from securities - unaffiliated + 25,806
Total investment income   672,496,336
Expenses
Management fees   4,708,436
Total expenses 4,708,436
Net investment income   667,787,900
REALIZED AND UNREALIZED GAINS (LOSSES)
Net realized losses on sales of securities - unaffiliated   (121,587,531)
Net realized gains on sales of in-kind redemptions - unaffiliated + 89,428,543
Net realized losses   (32,158,988)
Net change in unrealized appreciation (depreciation) on securities - unaffiliated + (2,367,889,154)
Net realized and unrealized losses   (2,400,048,142)
Decrease in net assets resulting from operations   ($1,732,260,242)
18
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. TIPS ETF
Statement of Changes in Net Assets

For the current and prior report periods
Figures for the current period are unaudited
OPERATIONS
  1/1/22-6/30/22 1/1/21-12/31/21
Net investment income   $667,787,900 $856,417,676
Net realized gains (losses)   (32,158,988) 439,588,857
Net change in unrealized appreciation (depreciation) + (2,367,889,154) (200,941,689)
Increase (decrease) in net assets resulting from operations   ($1,732,260,242) $1,095,064,844
DISTRIBUTIONS TO SHAREHOLDERS
Total distributions   ($457,432,840) ($852,013,180)
    
TRANSACTIONS IN FUND SHARES
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES VALUE SHARES VALUE
Shares sold   92,500,000 $5,527,695,769 203,700,000 $12,711,611,994
Shares redeemed + (149,000,000) (8,873,875,138) (91,700,000) (5,740,942,233)
Net transactions in fund shares   (56,500,000) ($3,346,179,369) 112,000,000 $6,970,669,761
SHARES OUTSTANDING AND NET ASSETS
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES NET ASSETS SHARES NET ASSETS
Beginning of period   339,050,000 $21,303,728,610 227,050,000 $14,090,007,185
Total increase (decrease) + (56,500,000) (5,535,872,451) 112,000,000 7,213,721,425
End of period   282,550,000 $15,767,856,159 339,050,000 $21,303,728,610
19
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Schwab Short-Term U.S. Treasury ETF
Financial Statements
FINANCIAL HIGHLIGHTS
  1/1/22–
6/30/22*
1/1/21–
12/31/21
1/1/20–
12/31/20
1/1/19–
12/31/19
1/1/18–
12/31/18
1/1/17–
12/31/17
Per-Share Data
Net asset value at beginning of period $50.84 $51.39 $50.48 $49.88 $50.03 $50.41
Income (loss) from investment operations:            
Net investment income (loss)1 0.16 0.21 0.65 1.14 0.94 0.57
Net realized and unrealized gains (losses) (1.69) (0.55) 0.91 0.60 (0.20) 2 (0.39)
Total from investment operations (1.53) (0.34) 1.56 1.74 0.74 0.18
Less distributions:            
Distributions from net investment income (0.11) (0.21) (0.65) (1.14) (0.89) (0.56)
Net asset value at end of period $49.20 $50.84 $51.39 $50.48 $49.88 $50.03
Total return (3.00%) 3 (0.66%) 3.11% 3.53% 1.50% 0.35%
Ratios/Supplemental Data
Ratios to average net assets:            
Total expenses 0.04% 4 0.05% 5 0.05% 0.06% 6 0.06% 0.06%
Net investment income (loss) 0.65% 4 0.41% 1.26% 2.27% 1.89% 1.13%
Portfolio turnover rate7 38% 3 73% 74% 77% 65% 65%
Net assets, end of period (x 1,000,000) $8,826 $8,956 $7,508 $5,263 $4,255 $2,181
    
* Unaudited.
1 Calculated based on the average shares outstanding during the period.
2 The per share amount does not accord with the change in aggregate gains and losses in securities during the period because of the timing of sales and repurchases of fund shares in relation to fluctuating market values.
3 Not annualized.
4 Annualized.
5 Effective December 20, 2021, the annual operating expense ratio was reduced to 0.04%. The ratio presented for period ended 12/31/21 is a blended ratio.
6 Effective December 13, 2019, the annual operating expense ratio was reduced to 0.05%. The ratio presented for the period ended 12/31/19 is a blended ratio.
7 Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions.
20
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Schwab Short-Term U.S. Treasury ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited)

This section shows all the securities in the fund’s portfolio and their values as of the report date.
The fund files its complete schedule of portfolio holdings with the U.S. Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year on Form N-PORT Part F. The fund’s Form N-PORT Part F is available on the SEC’s website at www.sec.gov. You can also obtain this information at no cost on the fund’s website at www.schwabassetmanagement.com/schwabetfs_prospectus, by calling 1-866-414-6349, or by sending an email request to orders@mysummaryprospectus.com. The fund also makes available its complete schedule of portfolio holdings on a daily basis on the fund’s website.
For fixed-rate obligations, the rate shown is the interest rate (the rate established when the obligation was issued). All securities are currently in a fixed-rate coupon period based on index eligibility requirements and the fund’s investment objective. Variable rate securities are subject to index requirements and will be removed from the index and fund prior to converting from a fixed rate coupon to a variable rate coupon. The maturity date shown for all the securities is the final legal maturity.     
 
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
TREASURIES 99.7% OF NET ASSETS
Bonds
6.25%, 08/15/23 18,075,000 18,771,876
7.50%, 11/15/24 9,180,000 10,125,612
7.63%, 02/15/25 8,600,000 9,596,055
Notes
0.13%, 07/15/23 213,104,000 207,006,396
0.13%, 07/31/23 10,323,000 10,016,133
1.25%, 07/31/23 68,141,000 66,932,562
2.75%, 07/31/23 63,946,000 63,818,607
0.13%, 08/15/23 94,758,600 91,810,349
2.50%, 08/15/23 109,234,000 108,711,298
0.13%, 08/31/23 18,247,000 17,661,813
1.38%, 08/31/23 121,142,000 118,972,327
2.75%, 08/31/23 53,133,000 53,024,036
0.13%, 09/15/23 218,893,000 211,650,719
0.25%, 09/30/23 258,732,000 250,292,889
1.38%, 09/30/23 7,477,000 7,334,616
2.88%, 09/30/23 69,877,000 69,831,962
0.13%, 10/15/23 103,008,000 99,352,423
0.38%, 10/31/23 146,243,000 141,350,143
1.63%, 10/31/23 57,942,000 56,951,780
2.88%, 10/31/23 61,611,000 61,558,053
0.25%, 11/15/23 23,383,000 22,536,280
2.75%, 11/15/23 142,921,000 142,535,784
0.50%, 11/30/23 145,269,000 140,369,008
2.13%, 11/30/23 64,943,000 64,213,660
2.88%, 11/30/23 59,786,000 59,724,112
0.13%, 12/15/23 14,690,200 14,100,584
0.75%, 12/31/23 162,050,000 156,796,036
2.25%, 12/31/23 58,687,000 58,076,059
2.63%, 12/31/23 67,609,000 67,286,801
0.13%, 01/15/24 217,701,600 208,457,785
0.88%, 01/31/24 135,671,000 131,304,090
2.25%, 01/31/24 64,487,000 63,774,116
2.50%, 01/31/24 78,958,000 78,387,405
0.13%, 02/15/24 151,909,000 145,159,138
2.75%, 02/15/24 121,804,000 121,413,847
1.50%, 02/29/24 133,682,000 130,548,828
2.13%, 02/29/24 61,041,000 60,227,915
2.38%, 02/29/24 58,428,000 57,888,226
0.25%, 03/15/24 145,689,000 139,121,614
2.13%, 03/31/24 107,475,000 105,925,849
2.25%, 03/31/24 130,405,000 128,777,484
0.38%, 04/15/24 104,960,000 100,222,450
2.00%, 04/30/24 9,119,000 8,962,089
2.25%, 04/30/24 91,806,000 90,635,114
2.50%, 04/30/24 121,259,000 120,224,035
0.25%, 05/15/24 124,263,000 118,129,941
2.50%, 05/15/24 151,952,000 150,637,260
2.00%, 05/31/24 157,257,000 154,437,431
2.50%, 05/31/24 120,792,000 119,725,634
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
0.25%, 06/15/24 128,485,000 121,867,520
1.75%, 06/30/24 83,312,000 81,330,086
2.00%, 06/30/24 59,418,000 58,307,394
3.00%, 06/30/24 118,000,000 118,076,054
0.38%, 07/15/24 114,568,000 108,691,915
1.75%, 07/31/24 86,364,000 84,221,768
2.13%, 07/31/24 56,999,000 56,019,330
0.38%, 08/15/24 130,796,000 123,745,278
2.38%, 08/15/24 157,288,000 155,254,315
1.25%, 08/31/24 78,361,000 75,511,231
1.88%, 08/31/24 64,058,000 62,561,645
0.38%, 09/15/24 149,937,000 141,532,328
1.50%, 09/30/24 79,696,000 77,108,993
2.13%, 09/30/24 54,465,000 53,469,312
0.63%, 10/15/24 149,176,000 141,361,742
1.50%, 10/31/24 78,875,000 76,216,050
2.25%, 10/31/24 56,416,000 55,472,795
0.75%, 11/15/24 138,242,000 131,092,297
2.25%, 11/15/24 152,895,000 150,374,622
1.50%, 11/30/24 89,947,000 86,788,314
2.13%, 11/30/24 58,811,000 57,604,915
1.00%, 12/15/24 139,943,000 133,290,241
1.75%, 12/31/24 81,461,000 78,963,075
2.25%, 12/31/24 66,173,000 64,963,275
1.13%, 01/15/25 131,176,000 125,109,110
1.38%, 01/31/25 74,978,000 71,920,303
2.50%, 01/31/25 67,104,000 66,233,745
1.50%, 02/15/25 129,821,000 124,790,436
2.00%, 02/15/25 136,683,000 133,217,873
1.13%, 02/28/25 84,383,000 80,328,661
2.75%, 02/28/25 68,700,000 68,222,321
1.75%, 03/15/25 124,365,000 120,255,126
0.50%, 03/31/25 101,681,000 94,912,858
2.63%, 03/31/25 41,300,000 40,890,227
2.63%, 04/15/25 119,009,000 117,730,583
0.38%, 04/30/25 109,190,000 101,350,500
2.88%, 04/30/25 63,626,000 63,367,519
2.13%, 05/15/25 130,864,000 127,689,526
2.75%, 05/15/25 116,768,000 115,883,118
0.25%, 05/31/25 107,171,000 98,907,112
2.88%, 05/31/25 58,021,000 57,783,023
2.88%, 06/15/25 115,000,000 114,555,273
0.25%, 06/30/25 110,000,000 101,290,234
2.75%, 06/30/25 45,000,000 44,655,469
Total Treasuries
(Cost $9,063,036,517)
8,797,285,736
 
21
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Schwab Short-Term U.S. Treasury ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.1% OF NET ASSETS
 
Money Market Funds 0.1%
State Street Institutional U.S. Government Money Market Fund, Premier Class 1.43% (a) 6,683,113 6,683,113
Total Short-Term Investments
(Cost $6,683,113)
6,683,113
Total Investments in Securities
(Cost $9,069,719,630)
8,803,968,849
    
(a) The rate shown is the 7-day yield.

The following is a summary of the inputs used to value the fund’s investments as of June 30, 2022 (see financial note 2(a) for additional information):
DESCRIPTION QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets        
Treasuries 1 $— $8,797,285,736 $— $8,797,285,736
Short-Term Investments1 6,683,113 6,683,113
Total $6,683,113 $8,797,285,736 $— $8,803,968,849
    
1 As categorized in the Portfolio Holdings.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
22
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Schwab Short-Term U.S. Treasury ETF
Statement of Assets and Liabilities

As of June 30, 2022; unaudited
Assets
Investments in securities, at value - unaffiliated (cost $9,069,719,630)   $8,803,968,849
Receivables:    
Investments sold   372,207,101
Interest   28,262,327
Fund shares sold   7,367,910
Dividends + 1,265
Total assets   9,211,807,452
Liabilities
Payables:    
Investments bought   385,666,973
Management fees   286,836
Due to custodian + 4,296
Total liabilities   385,958,105
Net assets   $8,825,849,347
Net Assets by Source
Capital received from investors   $9,171,791,705
Total distributable loss + (345,942,358)
Net assets   $8,825,849,347
    
Net Asset Value (NAV)
Net Assets ÷ Shares
Outstanding
= NAV
$8,825,849,347   179,400,000   $49.20
         
         
23
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Schwab Short-Term U.S. Treasury ETF
Statement of Operations

For the period January 1, 2022 through June 30, 2022; unaudited
Investment Income
Interest received from securities - unaffiliated   $28,724,054
Dividends received from securities - unaffiliated + 7,142
Total investment income   28,731,196
Expenses
Management fees   1,666,909
Total expenses 1,666,909
Net investment income   27,064,287
REALIZED AND UNREALIZED GAINS (LOSSES)
Net realized losses on sales of securities - unaffiliated   (61,740,159)
Net realized losses on sales of in-kind redemptions - unaffiliated + (15,689,116)
Net realized losses   (77,429,275)
Net change in unrealized appreciation (depreciation) on securities - unaffiliated + (206,545,684)
Net realized and unrealized losses   (283,974,959)
Decrease in net assets resulting from operations   ($256,910,672)
24
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Schwab Short-Term U.S. Treasury ETF
Statement of Changes in Net Assets

For the current and prior report periods
Figures for the current period are unaudited
OPERATIONS
  1/1/22-6/30/22 1/1/21-12/31/21
Net investment income   $27,064,287 $34,884,979
Net realized gains (losses)   (77,429,275) 32,936,548
Net change in unrealized appreciation (depreciation) + (206,545,684) (127,210,855)
Decrease in net assets from operations   ($256,910,672) ($59,389,328)
DISTRIBUTIONS TO SHAREHOLDERS
Total distributions   ($19,128,080) ($34,862,540)
    
TRANSACTIONS IN FUND SHARES
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES VALUE SHARES VALUE
Shares sold   40,200,000 $2,000,585,228 137,050,000 $7,021,323,331
Shares redeemed + (36,950,000) (1,854,504,681) (107,000,000) (5,479,187,668)
Net transactions in fund shares   3,250,000 $146,080,547 30,050,000 $1,542,135,663
SHARES OUTSTANDING AND NET ASSETS
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES NET ASSETS SHARES NET ASSETS
Beginning of period   176,150,000 $8,955,807,552 146,100,000 $7,507,923,757
Total increase (decrease) + 3,250,000 (129,958,205) 30,050,000 1,447,883,795
End of period   179,400,000 $8,825,849,347 176,150,000 $8,955,807,552
25
Schwab Fixed-Income ETFs  |  Semiannual Report
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Schwab Intermediate-Term U.S. Treasury ETF
Financial Statements
FINANCIAL HIGHLIGHTS
  1/1/22–
6/30/22*
1/1/21–
12/31/21
1/1/20–
12/31/20
1/1/19–
12/31/19
1/1/18–
12/31/18
1/1/17–
12/31/17
Per-Share Data
Net asset value at beginning of period $56.16 $58.21 $54.97 $52.89 $53.35 $53.41
Income (loss) from investment operations:            
Net investment income (loss)1 0.43 0.55 0.94 1.28 1.21 0.89
Net realized and unrealized gains (losses) (4.75) (2.04) 3.24 2.07 (0.55) 2 (0.07)
Total from investment operations (4.32) (1.49) 4.18 3.35 0.66 0.82
Less distributions:            
Distributions from net investment income (0.27) (0.56) (0.94) (1.27) (1.12) (0.88)
Net asset value at end of period $51.57 $56.16 $58.21 $54.97 $52.89 $53.35
Total return (7.70%) 3 (2.57%) 7.62% 6.38% 1.28% 1.54%
Ratios/Supplemental Data
Ratios to average net assets:            
Total expenses 0.04% 4 0.05% 5 0.05% 0.06% 6 0.06% 0.06%
Net investment income (loss) 1.64% 4 0.97% 1.63% 2.35% 2.34% 1.66%
Portfolio turnover rate7 26% 3 56% 51% 38% 41% 30%
Net assets, end of period (x 1,000,000) $7,072 $3,712 $3,953 $4,736 $3,480 $1,166
    
* Unaudited.
1 Calculated based on the average shares outstanding during the period.
2 The per share amount does not accord with the change in aggregate gains and losses in securities during the period because of the timing of sales and repurchases of fund shares in relation to fluctuating market values.
3 Not annualized.
4 Annualized.
5 Effective December 20, 2021, the annual operating expense ratio was reduced to 0.04%. The ratio presented for period ended 12/31/21 is a blended ratio.
6 Effective December 13, 2019, the annual operating expense ratio was reduced to 0.05%. The ratio presented for the period ended 12/31/19 is a blended ratio.
7 Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions.
26
Schwab Fixed-Income ETFs  |  Semiannual Report
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Schwab Intermediate-Term U.S. Treasury ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited)

This section shows all the securities in the fund’s portfolio and their values as of the report date.
The fund files its complete schedule of portfolio holdings with the U.S. Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year on Form N-PORT Part F. The fund’s Form N-PORT Part F is available on the SEC’s website at www.sec.gov. You can also obtain this information at no cost on the fund’s website at www.schwabassetmanagement.com/schwabetfs_prospectus, by calling 1-866-414-6349, or by sending an email request to orders@mysummaryprospectus.com. The fund also makes available its complete schedule of portfolio holdings on a daily basis on the fund’s website.
For fixed-rate obligations, the rate shown is the interest rate (the rate established when the obligation was issued). All securities are currently in a fixed-rate coupon period based on index eligibility requirements and the fund’s investment objective. Variable rate securities are subject to index requirements and will be removed from the index and fund prior to converting from a fixed rate coupon to a variable rate coupon. The maturity date shown for all the securities is the final legal maturity.     
 
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
TREASURIES 99.6% OF NET ASSETS
Bonds
6.88%, 08/15/25 4,245,000 4,730,522
6.00%, 02/15/26 9,445,000 10,391,714
6.75%, 08/15/26 5,752,000 6,567,166
6.50%, 11/15/26 6,051,000 6,893,649
6.63%, 02/15/27 3,276,000 3,771,495
6.38%, 08/15/27 4,430,000 5,117,861
6.13%, 11/15/27 11,496,000 13,215,909
5.50%, 08/15/28 6,502,000 7,375,960
5.25%, 11/15/28 11,445,000 12,880,990
5.25%, 02/15/29 6,668,000 7,540,570
6.13%, 08/15/29 5,992,000 7,176,356
6.25%, 05/15/30 9,476,000 11,613,282
5.38%, 02/15/31 11,566,000 13,622,579
Notes
0.25%, 07/31/25 67,425,050 61,912,526
2.00%, 08/15/25 106,493,000 103,210,853
0.25%, 08/31/25 5,533,000 5,067,450
2.75%, 08/31/25 55,807,000 55,320,869
0.25%, 09/30/25 7,034,000 6,427,043
3.00%, 09/30/25 46,237,000 46,179,204
0.25%, 10/31/25 163,077,000 148,642,138
3.00%, 10/31/25 30,279,000 30,238,786
2.25%, 11/15/25 88,490,000 86,212,074
0.38%, 11/30/25 10,940,000 9,994,288
2.88%, 11/30/25 37,626,000 37,408,475
0.38%, 12/31/25 160,449,000 146,227,954
2.63%, 12/31/25 36,487,000 35,986,729
0.38%, 01/31/26 90,907,000 82,665,002
2.63%, 01/31/26 41,103,000 40,520,172
1.63%, 02/15/26 79,336,000 75,443,578
0.50%, 02/28/26 91,066,000 83,019,466
2.50%, 02/28/26 42,923,000 42,109,810
0.75%, 03/31/26 158,984,000 146,066,550
2.25%, 03/31/26 38,369,000 37,289,872
0.75%, 04/30/26 12,822,000 11,755,670
2.38%, 04/30/26 30,696,000 29,965,771
1.63%, 05/15/26 76,899,000 72,894,845
0.75%, 05/31/26 89,111,000 81,543,527
2.13%, 05/31/26 36,179,000 34,957,959
0.88%, 06/30/26 69,755,000 64,043,809
1.88%, 06/30/26 35,636,000 34,089,453
0.63%, 07/31/26 84,912,000 77,014,521
1.88%, 07/31/26 36,121,000 34,509,665
1.50%, 08/15/26 74,361,000 69,849,960
0.75%, 08/31/26 91,370,000 83,171,684
1.38%, 08/31/26 35,699,000 33,372,987
0.88%, 09/30/26 85,098,000 77,731,704
1.63%, 09/30/26 26,855,000 25,337,063
1.13%, 10/31/26 86,208,000 79,469,633
1.63%, 10/31/26 33,841,000 31,879,280
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.00%, 11/15/26 73,637,000 70,421,135
1.25%, 11/30/26 14,340,000 13,280,745
1.63%, 11/30/26 31,151,000 29,319,662
1.25%, 12/31/26 158,806,000 146,808,704
1.75%, 12/31/26 32,673,000 30,898,958
1.50%, 01/31/27 112,326,000 104,884,403
2.25%, 02/15/27 68,583,000 66,142,409
1.13%, 02/28/27 19,848,000 18,188,056
1.88%, 02/28/27 78,469,000 74,499,572
0.63%, 03/31/27 29,798,000 26,600,535
2.50%, 03/31/27 87,916,000 85,793,653
0.50%, 04/30/27 46,158,000 40,858,845
2.75%, 04/30/27 69,141,000 68,217,320
2.38%, 05/15/27 81,646,000 79,053,102
0.50%, 05/31/27 45,386,000 40,086,830
2.63%, 05/31/27 66,774,000 65,519,379
0.50%, 06/30/27 53,638,000 47,281,059
3.25%, 06/30/27 70,000,000 70,694,532
0.38%, 07/31/27 65,730,000 57,459,831
2.25%, 08/15/27 64,592,000 62,041,120
0.50%, 08/31/27 55,847,000 49,016,650
0.38%, 09/30/27 72,097,000 62,718,758
0.50%, 10/31/27 71,756,000 62,699,608
2.25%, 11/15/27 63,986,000 61,356,575
0.63%, 11/30/27 75,973,000 66,728,629
0.63%, 12/31/27 84,680,000 74,214,081
0.75%, 01/31/28 91,421,000 80,539,758
2.75%, 02/15/28 87,348,000 85,829,646
1.13%, 02/29/28 93,632,000 84,210,280
1.25%, 03/31/28 81,659,000 73,789,752
1.25%, 04/30/28 91,012,000 82,120,554
2.88%, 05/15/28 97,163,000 96,054,735
1.25%, 05/31/28 93,954,000 84,650,352
1.25%, 06/30/28 84,641,000 76,153,756
1.00%, 07/31/28 91,798,000 81,212,543
2.88%, 08/15/28 98,418,000 97,233,908
1.13%, 08/31/28 91,261,000 81,236,550
1.25%, 09/30/28 92,307,000 82,690,485
1.38%, 10/31/28 86,590,000 78,086,592
3.13%, 11/15/28 86,347,000 86,539,257
1.50%, 11/30/28 85,938,000 78,055,874
1.38%, 12/31/28 82,585,000 74,449,088
1.75%, 01/31/29 79,995,000 73,776,639
2.63%, 02/15/29 87,097,000 84,810,704
1.88%, 02/28/29 75,452,000 70,158,571
2.38%, 03/31/29 71,271,000 68,247,551
2.88%, 04/30/29 64,856,000 64,116,236
2.38%, 05/15/29 74,313,000 71,212,755
2.75%, 05/31/29 60,311,000 59,147,186
3.25%, 06/30/29 60,000,000 60,717,188
1.63%, 08/15/29 68,421,000 62,311,219
1.75%, 11/15/29 50,962,000 46,777,542
1.50%, 02/15/30 88,680,000 79,673,438
 
27
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Intermediate-Term U.S. Treasury ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
0.63%, 05/15/30 115,768,000 96,575,836
0.63%, 08/15/30 157,678,000 130,761,873
0.88%, 11/15/30 163,767,000 138,293,556
1.13%, 02/15/31 153,627,000 132,023,203
1.63%, 05/15/31 157,231,000 140,500,639
1.25%, 08/15/31 171,699,000 147,822,108
1.38%, 11/15/31 162,415,000 140,895,012
1.88%, 02/15/32 158,309,000 143,430,428
2.88%, 05/15/32 102,798,000 101,665,616
Total Treasuries
(Cost $7,391,924,427)
7,042,983,004
    
SECURITY NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.1% OF NET ASSETS
 
Money Market Funds 0.1%
State Street Institutional U.S. Government Money Market Fund, Premier Class
1.43% (a)
5,450,486 5,450,486
Total Short-Term Investments
(Cost $5,450,486)
5,450,486
Total Investments in Securities
(Cost $7,397,374,913)
7,048,433,490
    
(a) The rate shown is the 7-day yield.

The following is a summary of the inputs used to value the fund’s investments as of June 30, 2022 (see financial note 2(a) for additional information):
DESCRIPTION QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets        
Treasuries 1 $— $7,042,983,004 $— $7,042,983,004
Short-Term Investments1 5,450,486 5,450,486
Total $5,450,486 $7,042,983,004 $— $7,048,433,490
    
1 As categorized in the Portfolio Holdings.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
28
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Intermediate-Term U.S. Treasury ETF
Statement of Assets and Liabilities

As of June 30, 2022; unaudited
Assets
Investments in securities, at value - unaffiliated (cost $7,397,374,913)   $7,048,433,490
Receivables:    
Investments sold   174,865,939
Interest   26,486,050
Dividends + 3,130
Total assets   7,249,788,609
Liabilities
Payables:    
Investments bought   177,085,389
Management fees + 239,120
Total liabilities   177,324,509
Net assets   $7,072,464,100
Net Assets by Source
Capital received from investors   $7,526,666,612
Total distributable loss + (454,202,512)
Net assets   $7,072,464,100
    
Net Asset Value (NAV)
Net Assets ÷ Shares
Outstanding
= NAV
$7,072,464,100   137,150,000   $51.57
         
         
29
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Intermediate-Term U.S. Treasury ETF
Statement of Operations

For the period January 1, 2022 through June 30, 2022; unaudited
Investment Income
Interest received from securities - unaffiliated   $42,631,883
Dividends received from securities - unaffiliated + 12,784
Total investment income   42,644,667
Expenses
Management fees   1,012,897
Total expenses 1,012,897
Net investment income   41,631,770
REALIZED AND UNREALIZED GAINS (LOSSES)
Net realized losses on sales of securities - unaffiliated   (72,688,299)
Net realized losses on sales of in-kind redemptions - unaffiliated + (15,533,863)
Net realized losses   (88,222,162)
Net change in unrealized appreciation (depreciation) on securities - unaffiliated + (301,115,415)
Net realized and unrealized losses   (389,337,577)
Decrease in net assets resulting from operations   ($347,705,807)
30
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Intermediate-Term U.S. Treasury ETF
Statement of Changes in Net Assets

For the current and prior report periods
Figures for the current period are unaudited
OPERATIONS
  1/1/22-6/30/22 1/1/21-12/31/21
Net investment income   $41,631,770 $36,405,306
Net realized gains (losses)   (88,222,162) 29,699,817
Net change in unrealized appreciation (depreciation) + (301,115,415) (174,720,996)
Decrease in net assets from operations   ($347,705,807) ($108,615,873)
DISTRIBUTIONS TO SHAREHOLDERS
Total distributions   ($29,348,250) ($36,438,300)
    
TRANSACTIONS IN FUND SHARES
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES VALUE SHARES VALUE
Shares sold   101,300,000 $5,296,059,390 51,000,000 $2,902,018,922
Shares redeemed + (30,250,000) (1,558,538,680) (52,800,000) (2,997,677,163)
Net transactions in fund shares   71,050,000 $3,737,520,710 (1,800,000) ($95,658,241)
SHARES OUTSTANDING AND NET ASSETS
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES NET ASSETS SHARES NET ASSETS
Beginning of period   66,100,000 $3,711,997,447 67,900,000 $3,952,709,861
Total increase (decrease) + 71,050,000 3,360,466,653 (1,800,000) (240,712,414)
End of period   137,150,000 $7,072,464,100 66,100,000 $3,711,997,447
31
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Long-Term U.S. Treasury ETF
Financial Statements
FINANCIAL HIGHLIGHTS
  1/1/22–
6/30/22*
1/1/21–
12/31/21
1/1/20–
12/31/20
10/10/19 1
12/31/19
   
Per-Share Data
Net asset value at beginning of period $51.26 $54.87 $47.34 $50.00    
Income (loss) from investment operations:            
Net investment income (loss)2 0.49 0.86 0.86 0.22    
Net realized and unrealized gains (losses) (11.21) (3.60) 7.50 (2.67)    
Total from investment operations (10.72) (2.74) 8.36 (2.45)    
Less distributions:            
Distributions from net investment income (0.38) (0.87) (0.83) (0.21)    
Net asset value at end of period $40.16 $51.26 $54.87 $47.34    
Total return (20.99%) 3 (4.96%) 17.64% (4.91%) 3    
Ratios/Supplemental Data
Ratios to average net assets:            
Total expenses 0.04% 4 0.05% 5 0.05% 0.06% 4,6    
Net investment income (loss) 2.23% 4 1.70% 1.55% 2.07% 4    
Portfolio turnover rate7 24% 3 68% 45% 3% 3    
Net assets, end of period (x 1,000) $86,345 $99,948 $90,535 $18,935    
    
* Unaudited.
1 Commencement of operations.
2 Calculated based on the average shares outstanding during the period.
3 Not annualized.
4 Annualized.
5 Effective December 20, 2021, the annual operating expense ratio was reduced to 0.04%. The ratio presented for period ended 12/31/21 is a blended ratio.
6 Effective December 13, 2019, the annual operating expense ratio was reduced to 0.05%. The ratio presented for the period ended 12/31/19 is a blended ratio.
7 Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions.
32
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Long-Term U.S. Treasury ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited)

This section shows all the securities in the fund’s portfolio and their values as of the report date.
The fund files its complete schedule of portfolio holdings with the U.S. Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year on Form N-PORT Part F. The fund’s Form N-PORT Part F is available on the SEC’s website at www.sec.gov. You can also obtain this information at no cost on the fund’s website at www.schwabassetmanagement.com/schwabetfs_prospectus, by calling 1-866-414-6349, or by sending an email request to orders@mysummaryprospectus.com. The fund also makes available its complete schedule of portfolio holdings on a daily basis on the fund’s website.
For fixed-rate obligations, the rate shown is the interest rate (the rate established when the obligation was issued). All securities are currently in a fixed-rate coupon period based on index eligibility requirements and the fund’s investment objective. Variable rate securities are subject to index requirements and will be removed from the index and fund prior to converting from a fixed rate coupon to a variable rate coupon. The maturity date shown for all the securities is the final legal maturity.     
 
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
TREASURIES 99.3% OF NET ASSETS
Bonds
4.50%, 02/15/36 375,200 441,534
4.75%, 02/15/37 223,000 269,482
5.00%, 05/15/37 288,000 356,152
4.38%, 02/15/38 303,000 352,924
4.50%, 05/15/38 342,900 404,622
3.50%, 02/15/39 351,500 367,537
4.25%, 05/15/39 521,400 596,107
4.50%, 08/15/39 557,100 655,637
4.38%, 11/15/39 599,300 692,894
4.63%, 02/15/40 603,900 719,396
1.13%, 05/15/40 1,808,200 1,259,948
4.38%, 05/15/40 584,600 674,391
1.13%, 08/15/40 2,208,100 1,526,522
3.88%, 08/15/40 581,000 626,845
1.38%, 11/15/40 2,457,600 1,770,816
4.25%, 11/15/40 577,000 652,506
1.88%, 02/15/41 2,976,600 2,336,166
4.75%, 02/15/41 611,700 737,433
2.25%, 05/15/41 2,565,000 2,140,773
4.38%, 05/15/41 564,800 647,402
1.75%, 08/15/41 3,360,000 2,556,487
3.75%, 08/15/41 571,400 600,863
2.00%, 11/15/41 2,824,800 2,243,950
3.13%, 11/15/41 600,000 576,281
2.38%, 02/15/42 2,285,500 1,938,211
3.13%, 02/15/42 635,000 608,459
3.00%, 05/15/42 590,600 553,872
3.25%, 05/15/42 1,389,400 1,356,402
2.75%, 08/15/42 690,100 619,365
2.75%, 11/15/42 1,000,600 896,553
3.13%, 02/15/43 858,500 816,313
2.88%, 05/15/43 1,357,900 1,238,978
3.63%, 08/15/43 975,000 1,001,279
3.75%, 11/15/43 991,800 1,038,058
3.63%, 02/15/44 1,056,300 1,084,275
3.38%, 05/15/44 979,200 967,189
3.13%, 08/15/44 1,260,900 1,195,589
3.00%, 11/15/44 1,103,500 1,023,324
2.50%, 02/15/45 1,464,900 1,243,906
3.00%, 05/15/45 716,600 665,318
2.88%, 08/15/45 975,600 887,034
3.00%, 11/15/45 576,100 535,863
2.50%, 02/15/46 1,185,600 1,006,371
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.50%, 05/15/46 1,200,900 1,018,889
2.25%, 08/15/46 1,482,300 1,196,262
2.88%, 11/15/46 668,100 609,537
3.00%, 02/15/47 1,319,700 1,233,095
3.00%, 05/15/47 1,016,800 951,105
2.75%, 08/15/47 1,450,700 1,297,923
2.75%, 11/15/47 1,462,200 1,310,268
3.00%, 02/15/48 1,672,100 1,576,085
3.13%, 05/15/48 1,795,000 1,737,364
3.00%, 08/15/48 1,966,600 1,859,052
3.38%, 11/15/48 2,016,600 2,050,157
3.00%, 02/15/49 2,123,200 2,024,836
2.88%, 05/15/49 2,074,800 1,935,561
2.25%, 08/15/49 1,952,900 1,603,209
2.38%, 11/15/49 1,833,900 1,549,502
2.00%, 02/15/50 2,305,000 1,787,636
1.25%, 05/15/50 2,677,800 1,704,587
1.38%, 08/15/50 3,018,400 1,987,899
1.63%, 11/15/50 2,986,800 2,101,494
1.88%, 02/15/51 3,331,000 2,500,072
2.38%, 05/15/51 3,356,600 2,834,754
2.00%, 08/15/51 3,321,200 2,568,222
1.88%, 11/15/51 3,091,400 2,320,965
2.25%, 02/15/52 2,823,700 2,324,479
2.88%, 05/15/52 1,837,200 1,735,293
Total Treasuries
(Cost $102,453,873)
85,701,273
    
SECURITY NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.0% OF NET ASSETS
 
Money Market Funds 0.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class 1.43% (a) 5,150 5,150
Total Short-Term Investments
(Cost $5,150)
5,150
Total Investments in Securities
(Cost $102,459,023)
85,706,423
    
(a) The rate shown is the 7-day yield.
 
33
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Long-Term U.S. Treasury ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

The following is a summary of the inputs used to value the fund’s investments as of June 30, 2022 (see financial note 2(a) for additional information):
DESCRIPTION QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets        
Treasuries 1 $— $85,701,273 $— $85,701,273
Short-Term Investments1 5,150 5,150
Total $5,150 $85,701,273 $— $85,706,423
    
1 As categorized in the Portfolio Holdings.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
34
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Long-Term U.S. Treasury ETF
Statement of Assets and Liabilities

As of June 30, 2022; unaudited
Assets
Investments in securities, at value - unaffiliated (cost $102,459,023)   $85,706,423
Receivables:    
Fund shares sold   2,008,002
Investments sold   1,406,398
Interest   631,137
Dividends + 20
Total assets   89,751,980
Liabilities
Payables:    
Investments bought   3,404,363
Management fees + 3,009
Total liabilities   3,407,372
Net assets   $86,344,608
Net Assets by Source
Capital received from investors   $111,803,317
Total distributable loss + (25,458,709)
Net assets   $86,344,608
    
Net Asset Value (NAV)
Net Assets ÷ Shares
Outstanding
= NAV
$86,344,608   2,150,000   $40.16
         
         
35
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Long-Term U.S. Treasury ETF
Statement of Operations

For the period January 1, 2022 through June 30, 2022; unaudited
Investment Income
Interest received from securities - unaffiliated   $930,705
Dividends received from securities - unaffiliated + 228
Total investment income   930,933
Expenses
Management fees   16,393
Total expenses 16,393
Net investment income   914,540
REALIZED AND UNREALIZED GAINS (LOSSES)
Net realized losses on sales of securities - unaffiliated   (4,485,339)
Net realized losses on sales of in-kind redemptions - unaffiliated + (713,369)
Net realized losses   (5,198,708)
Net change in unrealized appreciation (depreciation) on securities - unaffiliated + (15,519,165)
Net realized and unrealized losses   (20,717,873)
Decrease in net assets resulting from operations   ($19,803,333)
36
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab Long-Term U.S. Treasury ETF
Statement of Changes in Net Assets

For the current and prior report periods
Figures for the current period are unaudited
OPERATIONS
  1/1/22-6/30/22 1/1/21-12/31/21
Net investment income   $914,540 $1,498,221
Net realized losses   (5,198,708) (6,707,595)
Net change in unrealized appreciation (depreciation) + (15,519,165) (1,537,862)
Decrease in net assets from operations   ($19,803,333) ($6,747,236)
DISTRIBUTIONS TO SHAREHOLDERS
Total distributions   ($706,775) ($1,504,385)
    
TRANSACTIONS IN FUND SHARES
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES VALUE SHARES VALUE
Shares sold   1,350,000 $56,390,189 2,200,000 $112,232,468
Shares redeemed + (1,150,000) (49,483,180) (1,900,000) (94,568,490)
Net transactions in fund shares   200,000 $6,907,009 300,000 $17,663,978
SHARES OUTSTANDING AND NET ASSETS
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES NET ASSETS SHARES NET ASSETS
Beginning of period   1,950,000 $99,947,707 1,650,000 $90,535,350
Total increase (decrease) + 200,000 (13,603,099) 300,000 9,412,357
End of period   2,150,000 $86,344,608 1,950,000 $99,947,707
37
Schwab Fixed-Income ETFs  |  Semiannual Report
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Schwab U.S. Aggregate Bond ETF
Financial Statements
FINANCIAL HIGHLIGHTS
  1/1/22–
6/30/22*
1/1/21–
12/31/21
1/1/20–
12/31/20
1/1/19–
12/31/19
1/1/18–
12/31/18
1/1/17–
12/31/17
Per-Share Data
Net asset value at beginning of period $53.91 $56.05 $53.43 $50.59 $52.07 $51.55
Income (loss) from investment operations:            
Net investment income (loss)1 0.52 0.96 1.19 1.43 1.35 1.18
Net realized and unrealized gains (losses) (6.03) (1.93) 2.79 2.90 (1.42) 0.59
Total from investment operations (5.51) (0.97) 3.98 4.33 (0.07) 1.77
Less distributions:            
Distributions from net investment income (0.48) (1.17) (1.36) (1.49) (1.41) (1.25)
Net asset value at end of period $47.92 $53.91 $56.05 $53.43 $50.59 $52.07
Total return (10.27%) 2 (1.74%) 7.50% 8.64% (0.09%) 3.46%
Ratios/Supplemental Data
Ratios to average net assets:            
Total expenses 0.04% 3 0.04% 0.04% 0.04% 0.04% 0.04%
Net investment income (loss) 2.07% 3 1.76% 2.14% 2.71% 2.67% 2.26%
Portfolio turnover rate4,5 22% 2 48% 68% 63% 71% 101%
Net assets, end of period (x 1,000,000) $7,518 $9,074 $8,733 $7,384 $5,545 $4,926
    
* Unaudited.
1 Calculated based on the average shares outstanding during the period.
2 Not annualized.
3 Annualized.
4 Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions.
5 Includes to-be-announced (TBA) transactions. (See financial note 2)
38
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited)

This section shows all the securities in the fund’s portfolio and their values as of the report date.
The fund files its complete schedule of portfolio holdings with the U.S. Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year on Form N-PORT Part F. The fund’s Form N-PORT Part F is available on the SEC’s website at www.sec.gov. You can also obtain this information at no cost on the fund’s website at www.schwabassetmanagement.com/schwabetfs_prospectus, by calling 1-866-414-6349, or by sending an email request to orders@mysummaryprospectus.com. The fund also makes available its complete schedule of portfolio holdings on a daily basis on the fund’s website.
All securities are currently in a fixed-rate coupon period based on index eligibility requirements and the fund’s investment objective. Generally, for fixed-rate obligations, the rate shown is the interest rate that was established when the obligation was issued. In some cases, for securitized products, the fixed interest rate can change but remains index eligible as a fixed-rate coupon. Variable rate securities are subject to index requirements and will be removed from the index and fund prior to converting from a fixed rate coupon to a variable rate coupon. The maturity date shown for all the securities is the final legal maturity.     
 
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
CORPORATES 23.7% OF NET ASSETS
 
Financial Institutions 7.8%
Banking 5.4%
Ally Financial, Inc.
1.45%, 10/02/23 (a) 450,000 435,361
3.88%, 05/21/24 (a) 250,000 247,668
5.13%, 09/30/24 400,000 404,896
4.63%, 03/30/25 150,000 149,325
5.80%, 05/01/25 (a) 250,000 255,948
8.00%, 11/01/31 900,000 997,592
American Express Co.
3.70%, 08/03/23 (a) 675,000 677,572
0.75%, 11/03/23 250,000 242,130
3.40%, 02/22/24 (a) 475,000 474,002
2.50%, 07/30/24 (a) 550,000 536,266
3.00%, 10/30/24 (a) 800,000 785,896
2.25%, 03/04/25 (a) 575,000 553,748
4.20%, 11/06/25 (a) 400,000 406,592
3.13%, 05/20/26 (a) 50,000 48,604
1.65%, 11/04/26 (a) 250,000 226,783
2.55%, 03/04/27 (a) 575,000 536,394
3.30%, 05/03/27 (a) 700,000 673,904
4.05%, 05/03/29 (a) 300,000 294,891
4.99%, 05/26/33 (a)(b) 250,000 250,245
4.05%, 12/03/42 150,000 137,370
Banco Bilbao Vizcaya Argentaria S.A.
0.88%, 09/18/23 400,000 386,704
1.13%, 09/18/25 400,000 363,168
Banco Santander S.A.
3.89%, 05/24/24 600,000 597,672
2.71%, 06/27/24 600,000 586,416
2.75%, 05/28/25 600,000 569,814
5.18%, 11/19/25 400,000 401,668
4.25%, 04/11/27 400,000 386,368
1.72%, 09/14/27 (a)(b) 200,000 173,812
3.80%, 02/23/28 400,000 374,964
4.18%, 03/24/28 (a)(b) 400,000 382,552
4.38%, 04/12/28 400,000 385,036
3.31%, 06/27/29 400,000 363,824
3.49%, 05/28/30 400,000 354,660
2.75%, 12/03/30 600,000 477,444
2.96%, 03/25/31 200,000 167,922
3.23%, 11/22/32 (a)(b) 400,000 319,500
Bank of America Corp.
4.10%, 07/24/23 600,000 605,772
4.13%, 01/22/24 750,000 758,617
4.00%, 04/01/24 850,000 857,412
3.86%, 07/23/24 (a)(b) 750,000 746,925
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.20%, 08/26/24 950,000 952,669
0.81%, 10/24/24 (a)(b) 400,000 381,772
4.00%, 01/22/25 875,000 872,147
1.84%, 02/04/25 (a)(b) 250,000 241,208
3.46%, 03/15/25 (a)(b) 750,000 740,542
3.95%, 04/21/25 800,000 791,200
0.98%, 04/22/25 (a)(b) 500,000 470,440
3.84%, 04/25/25 (a)(b) 600,000 598,326
3.88%, 08/01/25 850,000 847,917
0.98%, 09/25/25 (a)(b) 750,000 695,730
3.09%, 10/01/25 (a)(b) 750,000 727,530
2.46%, 10/22/25 (a)(b) 850,000 811,053
1.53%, 12/06/25 (a)(b) 250,000 232,703
3.37%, 01/23/26 (a)(b) 500,000 484,265
2.02%, 02/13/26 (a)(b) 450,000 421,366
4.45%, 03/03/26 700,000 698,670
3.38%, 04/02/26 (a)(b) 500,000 484,810
3.50%, 04/19/26 1,050,000 1,023,750
1.32%, 06/19/26 (a)(b) 350,000 318,479
6.22%, 09/15/26 100,000 105,350
4.25%, 10/22/26 700,000 690,823
1.20%, 10/24/26 (a)(b) 700,000 627,732
1.66%, 03/11/27 (a)(b) 500,000 449,920
3.56%, 04/23/27 (a)(b) 1,000,000 959,330
1.73%, 07/22/27 (a)(b) 1,700,000 1,515,805
3.25%, 10/21/27 (a) 1,000,000 943,970
4.18%, 11/25/27 (a) 650,000 632,768
3.82%, 01/20/28 (a)(b) 850,000 815,753
3.71%, 04/24/28 (a)(b) 500,000 476,925
4.38%, 04/27/28 (a)(b) 750,000 739,410
3.59%, 07/21/28 (a)(b) 850,000 803,165
3.42%, 12/20/28 (a)(b) 1,850,000 1,723,885
3.97%, 03/05/29 (a)(b) 1,000,000 954,550
2.09%, 06/14/29 (a)(b) 750,000 643,267
4.27%, 07/23/29 (a)(b) 1,000,000 962,200
3.97%, 02/07/30 (a)(b) 950,000 895,413
3.19%, 07/23/30 (a)(b) 800,000 717,280
2.88%, 10/22/30 (a)(b) 600,000 525,564
2.50%, 02/13/31 (a)(b) 1,200,000 1,016,628
2.59%, 04/29/31 (a)(b) 1,060,000 900,915
1.90%, 07/23/31 (a)(b) 900,000 721,053
1.92%, 10/24/31 (a)(b) 950,000 758,413
2.65%, 03/11/32 (a)(b) 750,000 631,342
2.69%, 04/22/32 (a)(b) 1,500,000 1,261,020
2.30%, 07/21/32 (a)(b) 1,250,000 1,010,700
2.57%, 10/20/32 (a)(b) 1,000,000 825,780
2.97%, 02/04/33 (a)(b) 1,000,000 852,810
4.57%, 04/27/33 (a)(b) 1,000,000 974,080
2.48%, 09/21/36 (a)(b) 250,000 194,575
6.11%, 01/29/37 650,000 706,615
3.85%, 03/08/37 (a)(b) 500,000 433,130
 
39
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.24%, 04/24/38 (a)(b) 250,000 230,583
7.75%, 05/14/38 500,000 618,840
4.08%, 04/23/40 (a)(b) 550,000 486,508
2.68%, 06/19/41 (a)(b) 1,650,000 1,193,362
5.88%, 02/07/42 450,000 486,072
3.31%, 04/22/42 (a)(b) 1,150,000 907,729
5.00%, 01/21/44 450,000 441,324
4.88%, 04/01/44 200,000 193,560
4.75%, 04/21/45 200,000 182,204
4.44%, 01/20/48 (a)(b) 600,000 549,144
3.95%, 01/23/49 (a)(b) 350,000 301,182
4.33%, 03/15/50 (a)(b) 900,000 810,594
4.08%, 03/20/51 (a)(b) 1,700,000 1,467,372
2.83%, 10/24/51 (a)(b) 350,000 242,802
3.48%, 03/13/52 (a)(b) 300,000 236,184
2.97%, 07/21/52 (a)(b) 700,000 501,284
Bank of America NA
6.00%, 10/15/36 350,000 384,885
Bank of Montreal
0.40%, 09/15/23 400,000 387,036
0.45%, 12/08/23 350,000 335,857
3.30%, 02/05/24 650,000 648,654
2.15%, 03/08/24 400,000 391,608
2.50%, 06/28/24 400,000 390,976
1.50%, 01/10/25 500,000 471,870
1.85%, 05/01/25 475,000 449,445
3.70%, 06/07/25 400,000 396,496
1.25%, 09/15/26 400,000 354,788
0.95%, 01/22/27 (a)(b) 300,000 267,429
2.65%, 03/08/27 300,000 278,520
4.34%, 10/05/28 (a)(b) 300,000 299,925
3.80%, 12/15/32 (a)(b) 429,000 399,047
3.09%, 01/10/37 (a)(b) 400,000 327,892
Bank of New York Mellon Corp.
3.45%, 08/11/23 250,000 250,880
2.20%, 08/16/23 (a) 500,000 494,910
0.35%, 12/07/23 (a) 150,000 144,572
3.65%, 02/04/24 (a) 150,000 150,576
3.25%, 09/11/24 (a) 350,000 347,753
2.10%, 10/24/24 445,000 431,272
0.85%, 10/25/24 (a) 250,000 235,548
3.00%, 02/24/25 (a) 350,000 343,494
1.60%, 04/24/25 (a) 550,000 517,627
3.43%, 06/13/25 (a)(b) 400,000 397,160
3.95%, 11/18/25 (a) 550,000 551,919
0.75%, 01/28/26 (a) 150,000 135,248
2.45%, 08/17/26 (a) 300,000 283,953
2.05%, 01/26/27 (a) 250,000 229,910
3.25%, 05/16/27 (a) 300,000 291,345
3.40%, 01/29/28 (a) 250,000 239,783
3.44%, 02/07/28 (a)(b) 300,000 289,974
3.85%, 04/28/28 100,000 97,762
1.65%, 07/14/28 (a) 100,000 86,867
3.00%, 10/30/28 (a) 225,000 206,550
3.30%, 08/23/29 (a) 300,000 277,818
1.80%, 07/28/31 (a) 400,000 324,920
4.29%, 06/13/33 (a)(b) 250,000 245,303
Bank of Nova Scotia
3.40%, 02/11/24 650,000 648,128
0.70%, 04/15/24 400,000 379,264
1.45%, 01/10/25 500,000 473,110
2.20%, 02/03/25 400,000 383,288
3.45%, 04/11/25 500,000 493,470
1.30%, 06/11/25 550,000 510,779
4.50%, 12/16/25 600,000 601,014
1.05%, 03/02/26 350,000 312,788
1.35%, 06/24/26 250,000 224,450
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.70%, 08/03/26 650,000 614,256
1.95%, 02/02/27 250,000 226,135
2.95%, 03/11/27 250,000 235,398
2.15%, 08/01/31 200,000 163,788
2.45%, 02/02/32 300,000 249,477
4.59%, 05/04/37 (a)(b) 350,000 322,578
Bank OZK
2.75%, 10/01/31 (a)(b) 125,000 113,093
BankUnited, Inc.
4.88%, 11/17/25 (a) 200,000 202,024
5.13%, 06/11/30 (a) 100,000 96,281
Barclays Bank PLC
3.75%, 05/15/24 200,000 199,164
Barclays PLC
4.38%, 09/11/24 200,000 199,202
1.01%, 12/10/24 (a)(b) 250,000 237,450
3.65%, 03/16/25 800,000 783,432
3.93%, 05/07/25 (a)(b) 700,000 689,675
4.38%, 01/12/26 900,000 890,199
2.85%, 05/07/26 (a)(b) 400,000 378,216
5.20%, 05/12/26 700,000 698,733
2.28%, 11/24/27 (a)(b) 400,000 355,140
4.34%, 01/10/28 (a) 400,000 382,708
4.84%, 05/09/28 (a) 650,000 626,450
4.97%, 05/16/29 (a)(b) 550,000 540,479
5.09%, 06/20/30 (a)(b) 500,000 474,225
2.65%, 06/24/31 (a)(b) 200,000 166,332
2.67%, 03/10/32 (a)(b) 350,000 282,601
2.89%, 11/24/32 (a)(b) 400,000 322,544
3.56%, 09/23/35 (a)(b) 350,000 278,114
3.81%, 03/10/42 (a)(b) 300,000 228,081
3.33%, 11/24/42 (a)(b) 300,000 224,217
5.25%, 08/17/45 500,000 484,145
4.95%, 01/10/47 400,000 380,688
BNP Paribas S.A.
4.25%, 10/15/24 300,000 299,436
BPCE S.A.
4.00%, 04/15/24 500,000 499,075
3.38%, 12/02/26 250,000 239,490
Canadian Imperial Bank of Commerce
3.50%, 09/13/23 450,000 450,702
0.50%, 12/14/23 300,000 287,424
3.10%, 04/02/24 250,000 247,480
2.25%, 01/28/25 400,000 384,028
3.30%, 04/07/25 400,000 392,764
0.95%, 10/23/25 200,000 181,520
3.45%, 04/07/27 300,000 287,925
3.60%, 04/07/32 (a) 300,000 272,688
Capital One Bank USA NA
2.28%, 01/28/26 (a)(b) 325,000 309,091
Capital One Financial Corp.
3.90%, 01/29/24 (a) 250,000 250,068
3.75%, 04/24/24 (a) 200,000 199,442
3.30%, 10/30/24 (a) 700,000 684,040
1.34%, 12/06/24 (a)(b) 250,000 239,670
3.20%, 02/05/25 (a) 500,000 486,345
4.17%, 05/09/25 (a)(b) 300,000 295,851
4.20%, 10/29/25 (a) 550,000 542,580
2.64%, 03/03/26 (a)(b) 400,000 378,268
3.75%, 07/28/26 (a) 500,000 478,760
3.75%, 03/09/27 (a) 250,000 239,468
3.65%, 05/11/27 (a) 250,000 238,343
1.88%, 11/02/27 (a)(b) 200,000 175,370
3.80%, 01/31/28 (a) 550,000 518,661
4.93%, 05/10/28 (a)(b) 300,000 297,474
3.27%, 03/01/30 (a)(b) 400,000 354,796
 
40
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.36%, 07/29/32 (a)(b) 325,000 247,601
2.62%, 11/02/32 (a)(b) 200,000 160,850
5.27%, 05/10/33 (a)(b) 350,000 344,320
CIT Bank NA
2.97%, 09/27/25 (a)(b) 250,000 240,078
Citibank NA
3.65%, 01/23/24 (a) 850,000 853,510
Citigroup, Inc.
3.88%, 10/25/23 350,000 353,563
3.75%, 06/16/24 200,000 201,156
4.00%, 08/05/24 250,000 250,000
0.78%, 10/30/24 (a)(b) 500,000 477,100
3.88%, 03/26/25 350,000 345,916
3.35%, 04/24/25 (a)(b) 800,000 784,928
3.30%, 04/27/25 765,000 754,282
0.98%, 05/01/25 (a)(b) 600,000 562,248
4.14%, 05/24/25 (a)(b) 350,000 348,968
4.40%, 06/10/25 750,000 749,722
5.50%, 09/13/25 450,000 463,306
3.70%, 01/12/26 850,000 834,972
4.60%, 03/09/26 450,000 451,552
3.29%, 03/17/26 (a)(b) 400,000 387,680
3.11%, 04/08/26 (a)(b) 1,350,000 1,298,875
3.40%, 05/01/26 700,000 677,887
3.20%, 10/21/26 (a) 1,100,000 1,047,695
4.30%, 11/20/26 350,000 345,937
1.12%, 01/28/27 (a)(b) 600,000 530,484
1.46%, 06/09/27 (a)(b) 800,000 707,520
4.45%, 09/29/27 1,200,000 1,180,968
3.89%, 01/10/28 (a)(b) 1,050,000 1,009,564
6.63%, 01/15/28 350,000 385,112
3.07%, 02/24/28 (a)(b) 500,000 464,130
4.66%, 05/24/28 (a)(b) 300,000 297,948
3.67%, 07/24/28 (a)(b) 900,000 851,274
4.13%, 07/25/28 650,000 624,331
3.52%, 10/27/28 (a)(b) 900,000 841,311
4.08%, 04/23/29 (a)(b) 300,000 285,528
3.98%, 03/20/30 (a)(b) 950,000 889,694
2.98%, 11/05/30 (a)(b) 900,000 786,951
2.67%, 01/29/31 (a)(b) 750,000 637,732
4.41%, 03/31/31 (a)(b) 1,350,000 1,293,570
2.57%, 06/03/31 (a)(b) 1,200,000 1,010,208
2.56%, 05/01/32 (a)(b) 750,000 618,952
6.63%, 06/15/32 300,000 328,446
2.52%, 11/03/32 (a)(b) 600,000 487,302
3.06%, 01/25/33 (a)(b) 750,000 637,545
5.88%, 02/22/33 150,000 155,928
3.79%, 03/17/33 (a)(b) 500,000 452,125
4.91%, 05/24/33 (a)(b) 700,000 691,488
6.00%, 10/31/33 350,000 368,767
3.88%, 01/24/39 (a)(b) 300,000 260,301
8.13%, 07/15/39 550,000 723,431
5.32%, 03/26/41 (a)(b) 600,000 606,096
5.88%, 01/30/42 400,000 428,040
2.90%, 11/03/42 (a)(b) 250,000 182,855
6.68%, 09/13/43 300,000 342,690
5.30%, 05/06/44 250,000 244,733
4.65%, 07/30/45 200,000 183,082
4.75%, 05/18/46 650,000 584,779
4.28%, 04/24/48 (a)(b) 300,000 269,553
4.65%, 07/23/48 (a) 800,000 746,952
Citizens Bank NA
4.12%, 05/23/25 (a)(b) 250,000 249,380
3.75%, 02/18/26 (a) 100,000 98,326
Citizens Financial Group, Inc.
4.30%, 12/03/25 (a) 150,000 149,132
2.85%, 07/27/26 (a) 150,000 140,696
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.50%, 02/06/30 (a) 200,000 168,902
3.25%, 04/30/30 (a) 300,000 266,649
2.64%, 09/30/32 (a) 250,000 199,773
Comerica Bank
4.00%, 07/27/25 250,000 246,875
Comerica, Inc.
3.70%, 07/31/23 (a) 350,000 349,930
4.00%, 02/01/29 (a) 150,000 145,830
Cooperatieve Rabobank UA
0.38%, 01/12/24 250,000 238,465
1.38%, 01/10/25 100,000 94,271
3.38%, 05/21/25 700,000 690,564
4.38%, 08/04/25 500,000 495,525
3.75%, 07/21/26 250,000 238,395
5.25%, 05/24/41 350,000 380,398
5.75%, 12/01/43 450,000 474,192
5.25%, 08/04/45 250,000 246,930
Credit Suisse AG
0.52%, 08/09/23 500,000 483,035
0.50%, 02/02/24 250,000 235,953
3.63%, 09/09/24 1,050,000 1,031,089
3.70%, 02/21/25 400,000 391,652
2.95%, 04/09/25 500,000 478,585
1.25%, 08/07/26 600,000 525,720
Credit Suisse Group AG
3.75%, 03/26/25 750,000 727,725
4.55%, 04/17/26 500,000 489,250
4.88%, 05/15/45 500,000 429,120
Credit Suisse USA, Inc.
7.13%, 07/15/32 300,000 337,392
Deutsche Bank AG
0.90%, 05/28/24 600,000 563,274
3.70%, 05/30/24 549,000 543,112
2.22%, 09/18/24 (a)(b) 650,000 628,797
1.45%, 04/01/25 (a)(b) 150,000 140,388
3.96%, 11/26/25 (a)(b) 700,000 678,615
4.10%, 01/13/26 550,000 543,604
1.69%, 03/19/26 300,000 269,226
2.13%, 11/24/26 (a)(b) 550,000 489,775
2.31%, 11/16/27 (a)(b) 500,000 431,870
2.55%, 01/07/28 (a)(b) 500,000 432,895
3.55%, 09/18/31 (a)(b) 600,000 502,878
3.04%, 05/28/32 (a)(b) 300,000 237,606
Discover Bank
4.20%, 08/08/23 500,000 501,660
2.45%, 09/12/24 (a) 300,000 288,420
4.68%, 08/09/28 (a)(b) 250,000 243,568
4.65%, 09/13/28 (a) 1,000,000 963,610
Discover Financial Services
3.95%, 11/06/24 (a) 200,000 197,488
3.75%, 03/04/25 (a) 250,000 246,480
Fifth Third Bancorp
4.30%, 01/16/24 (a) 250,000 251,593
3.65%, 01/25/24 (a) 575,000 572,855
2.38%, 01/28/25 (a) 50,000 47,932
2.55%, 05/05/27 (a) 300,000 275,439
1.71%, 11/01/27 (a)(b) 250,000 221,920
3.95%, 03/14/28 (a) 200,000 194,650
8.25%, 03/01/38 350,000 451,279
Fifth Third Bank NA
3.95%, 07/28/25 (a) 250,000 250,748
3.85%, 03/15/26 (a) 300,000 294,351
2.25%, 02/01/27 (a) 50,000 46,340
First Horizon Bank
5.75%, 05/01/30 (a) 250,000 256,095
 
41
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
First Horizon Corp.
4.00%, 05/26/25 (a) 100,000 98,379
First Republic Bank
4.38%, 08/01/46 (a) 250,000 226,415
First-Citizens Bank & Trust Co.
6.13%, 03/09/28 200,000 208,220
Goldman Sachs Capital l
6.35%, 02/15/34 300,000 322,623
Goldman Sachs Group, Inc.
1.22%, 12/06/23 (a) 600,000 579,126
3.63%, 02/20/24 (a) 500,000 498,530
4.00%, 03/03/24 1,050,000 1,053,402
3.00%, 03/15/24 500,000 493,770
3.85%, 07/08/24 (a) 700,000 702,163
0.66%, 09/10/24 (a)(b) 500,000 478,955
0.93%, 10/21/24 (a)(b) 500,000 479,040
3.50%, 01/23/25 (a) 900,000 889,713
1.76%, 01/24/25 (a)(b) 500,000 481,470
3.50%, 04/01/25 (a) 1,200,000 1,179,324
3.75%, 05/22/25 (a) 700,000 692,573
3.27%, 09/29/25 (a)(b) 900,000 876,015
4.25%, 10/21/25 600,000 596,928
0.86%, 02/12/26 (a)(b) 150,000 136,685
3.75%, 02/25/26 (a) 350,000 343,784
3.50%, 11/16/26 (a) 900,000 865,539
1.09%, 12/09/26 (a)(b) 750,000 667,432
5.95%, 01/15/27 265,000 277,394
3.85%, 01/26/27 (a) 995,000 962,981
1.43%, 03/09/27 (a)(b) 1,050,000 934,080
1.54%, 09/10/27 (a)(b) 1,000,000 878,580
1.95%, 10/21/27 (a)(b) 1,350,000 1,195,857
2.64%, 02/24/28 (a)(b) 750,000 681,255
3.62%, 03/15/28 (a)(b) 500,000 473,935
3.69%, 06/05/28 (a)(b) 850,000 806,624
3.81%, 04/23/29 (a)(b) 675,000 636,815
4.22%, 05/01/29 (a)(b) 1,050,000 1,010,310
2.60%, 02/07/30 (a) 600,000 512,064
3.80%, 03/15/30 (a) 800,000 741,992
1.99%, 01/27/32 (a)(b) 950,000 752,694
2.62%, 04/22/32 (a)(b) 1,300,000 1,081,366
2.38%, 07/21/32 (a)(b) 1,000,000 810,470
2.65%, 10/21/32 (a)(b) 1,000,000 824,940
6.13%, 02/15/33 200,000 218,114
3.10%, 02/24/33 (a)(b) 1,300,000 1,112,592
6.45%, 05/01/36 200,000 217,502
6.75%, 10/01/37 1,700,000 1,884,450
4.02%, 10/31/38 (a)(b) 700,000 612,675
4.41%, 04/23/39 (a)(b) 500,000 456,705
6.25%, 02/01/41 750,000 831,877
3.21%, 04/22/42 (a)(b) 750,000 574,417
2.91%, 07/21/42 (a)(b) 500,000 366,045
3.44%, 02/24/43 (a)(b) 500,000 394,015
4.80%, 07/08/44 (a) 525,000 495,369
5.15%, 05/22/45 650,000 619,586
4.75%, 10/21/45 (a) 550,000 512,957
HSBC Bank USA NA
5.63%, 08/15/35 250,000 254,035
7.00%, 01/15/39 200,000 237,232
HSBC Holdings PLC
4.25%, 03/14/24 500,000 498,380
0.73%, 08/17/24 (a)(b) 50,000 48,006
1.16%, 11/22/24 (a)(b) 400,000 382,588
3.80%, 03/11/25 (a)(b) 850,000 838,576
0.98%, 05/24/25 (a)(b) 200,000 186,738
4.25%, 08/18/25 400,000 394,712
2.63%, 11/07/25 (a)(b) 500,000 477,000
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.18%, 12/09/25 (a)(b) 400,000 393,812
4.30%, 03/08/26 1,000,000 991,180
3.00%, 03/10/26 (a)(b) 400,000 381,856
1.65%, 04/18/26 (a)(b) 750,000 688,642
3.90%, 05/25/26 900,000 881,775
2.10%, 06/04/26 (a)(b) 850,000 786,309
4.29%, 09/12/26 (a)(b) 800,000 784,000
4.38%, 11/23/26 550,000 538,857
1.59%, 05/24/27 (a)(b) 750,000 659,977
2.25%, 11/22/27 (a)(b) 400,000 356,668
4.04%, 03/13/28 (a)(b) 800,000 760,896
4.76%, 06/09/28 (a)(b) 600,000 583,842
2.01%, 09/22/28 (a)(b) 650,000 556,582
4.58%, 06/19/29 (a)(b) 950,000 916,465
2.21%, 08/17/29 (a)(b) 650,000 546,702
4.95%, 03/31/30 850,000 840,437
3.97%, 05/22/30 (a)(b) 1,000,000 922,260
2.85%, 06/04/31 (a)(b) 450,000 380,534
2.36%, 08/18/31 (a)(b) 500,000 406,050
7.63%, 05/17/32 187,000 215,817
2.80%, 05/24/32 (a)(b) 800,000 658,056
2.87%, 11/22/32 (a)(b) 600,000 492,174
4.76%, 03/29/33 (a)(b) 400,000 369,656
6.50%, 05/02/36 650,000 692,939
6.50%, 09/15/37 750,000 804,375
6.80%, 06/01/38 300,000 327,135
6.10%, 01/14/42 200,000 221,876
5.25%, 03/14/44 495,000 461,281
HSBC USA, Inc.
3.75%, 05/24/24 250,000 248,838
3.50%, 06/23/24 200,000 198,788
Huntington Bancshares, Inc.
2.63%, 08/06/24 (a) 250,000 242,930
4.00%, 05/15/25 (a) 150,000 149,462
2.55%, 02/04/30 (a) 250,000 213,320
2.49%, 08/15/36 (a)(b) 300,000 234,033
Huntington National Bank
3.55%, 10/06/23 (a) 250,000 249,860
4.55%, 05/17/28 (a)(b) 250,000 249,058
ING Groep N.V.
4.10%, 10/02/23 400,000 401,456
3.55%, 04/09/24 250,000 248,075
3.87%, 03/28/26 (a)(b) 400,000 392,460
3.95%, 03/29/27 500,000 482,830
1.73%, 04/01/27 (a)(b) 300,000 268,257
4.02%, 03/28/28 (a)(b) 400,000 382,064
4.55%, 10/02/28 450,000 438,457
4.05%, 04/09/29 255,000 239,970
2.73%, 04/01/32 (a)(b) 250,000 208,805
4.25%, 03/28/33 (a)(b) 300,000 280,122
Intesa Sanpaolo S.p.A.
5.25%, 01/12/24 200,000 202,010
JPMorgan Chase & Co.
3.88%, 02/01/24 620,000 624,235
3.63%, 05/13/24 500,000 500,840
3.80%, 07/23/24 (a)(b) 940,000 937,359
3.88%, 09/10/24 950,000 948,442
0.65%, 09/16/24 (a)(b) 350,000 335,986
4.02%, 12/05/24 (a)(b) 700,000 697,823
3.13%, 01/23/25 (a) 775,000 764,537
0.56%, 02/16/25 (a)(b) 300,000 283,065
3.22%, 03/01/25 (a)(b) 600,000 589,908
0.82%, 06/01/25 (a)(b) 700,000 655,277
3.85%, 06/14/25 (a)(b) 600,000 594,204
0.97%, 06/23/25 (a)(b) 700,000 655,130
3.90%, 07/15/25 (a) 750,000 753,787
 
42
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
7.75%, 07/15/25 100,000 109,595
0.77%, 08/09/25 (a)(b) 250,000 232,278
2.30%, 10/15/25 (a)(b) 650,000 619,983
1.56%, 12/10/25 (a)(b) 100,000 93,687
2.60%, 02/24/26 (a)(b) 400,000 380,876
2.01%, 03/13/26 (a)(b) 700,000 655,529
3.30%, 04/01/26 (a) 925,000 899,026
2.08%, 04/22/26 (a)(b) 1,250,000 1,171,987
4.08%, 04/26/26 (a)(b) 500,000 495,570
3.20%, 06/15/26 (a) 599,000 581,383
2.95%, 10/01/26 (a) 1,125,000 1,074,679
7.63%, 10/15/26 150,000 169,740
1.05%, 11/19/26 (a)(b) 800,000 712,504
4.13%, 12/15/26 700,000 695,709
3.96%, 01/29/27 (a)(b) 750,000 734,850
1.04%, 02/04/27 (a)(b) 650,000 575,217
1.58%, 04/22/27 (a)(b) 1,000,000 892,860
8.00%, 04/29/27 150,000 172,254
1.47%, 09/22/27 (a)(b) 750,000 658,522
4.25%, 10/01/27 493,000 488,686
3.63%, 12/01/27 (a) 300,000 288,363
3.78%, 02/01/28 (a)(b) 1,000,000 960,880
2.95%, 02/24/28 (a)(b) 500,000 464,010
4.32%, 04/26/28 (a)(b) 500,000 492,560
3.54%, 05/01/28 (a)(b) 800,000 758,320
2.18%, 06/01/28 (a)(b) 500,000 446,030
3.51%, 01/23/29 (a)(b) 750,000 702,765
4.01%, 04/23/29 (a)(b) 750,000 719,557
2.07%, 06/01/29 (a)(b) 750,000 645,795
4.20%, 07/23/29 (a)(b) 900,000 869,148
4.45%, 12/05/29 (a)(b) 750,000 731,625
3.70%, 05/06/30 (a)(b) 900,000 839,421
8.75%, 09/01/30 200,000 245,090
2.74%, 10/15/30 (a)(b) 1,200,000 1,047,276
4.49%, 03/24/31 (a)(b) 1,000,000 978,790
2.52%, 04/22/31 (a)(b) 950,000 810,445
2.96%, 05/13/31 (a)(b) 1,000,000 866,760
1.76%, 11/19/31 (a)(b) 500,000 396,750
1.95%, 02/04/32 (a)(b) 900,000 720,306
2.58%, 04/22/32 (a)(b) 1,200,000 1,011,240
2.55%, 11/08/32 (a)(b) 750,000 623,812
2.96%, 01/25/33 (a)(b) 750,000 644,610
4.59%, 04/26/33 (a)(b) 500,000 491,895
6.40%, 05/15/38 750,000 855,982
3.88%, 07/24/38 (a)(b) 850,000 750,108
5.50%, 10/15/40 350,000 363,916
3.11%, 04/22/41 (a)(b) 350,000 272,745
5.60%, 07/15/41 500,000 526,685
2.53%, 11/19/41 (a)(b) 500,000 357,315
5.40%, 01/06/42 450,000 462,748
3.16%, 04/22/42 (a)(b) 650,000 506,168
5.63%, 08/16/43 400,000 419,600
4.85%, 02/01/44 100,000 98,375
4.95%, 06/01/45 400,000 382,620
4.26%, 02/22/48 (a)(b) 675,000 602,593
4.03%, 07/24/48 (a)(b) 500,000 432,825
3.96%, 11/15/48 (a)(b) 1,100,000 940,280
3.90%, 01/23/49 (a)(b) 500,000 423,000
3.11%, 04/22/51 (a)(b) 750,000 553,695
3.33%, 04/22/52 (a)(b) 1,100,000 842,193
KeyBank NA
3.30%, 06/01/25 450,000 443,173
4.39%, 12/14/27 250,000 249,253
6.95%, 02/01/28 150,000 165,206
3.90%, 04/13/29 250,000 236,188
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
KeyCorp
2.25%, 04/06/27 250,000 225,145
4.10%, 04/30/28 400,000 386,020
2.55%, 10/01/29 150,000 129,858
Lloyds Banking Group PLC
4.05%, 08/16/23 500,000 501,655
3.90%, 03/12/24 350,000 349,514
4.50%, 11/04/24 300,000 299,031
4.45%, 05/08/25 300,000 300,519
3.87%, 07/09/25 (a)(b) 400,000 395,648
4.58%, 12/10/25 200,000 196,426
2.44%, 02/05/26 (a)(b) 250,000 236,928
3.51%, 03/18/26 (a)(b) 300,000 292,350
4.65%, 03/24/26 750,000 737,467
3.75%, 01/11/27 400,000 386,400
1.63%, 05/11/27 (a)(b) 300,000 267,108
3.75%, 03/18/28 (a)(b) 300,000 285,483
4.38%, 03/22/28 750,000 729,232
4.55%, 08/16/28 200,000 195,864
3.57%, 11/07/28 (a)(b) 750,000 703,725
5.30%, 12/01/45 350,000 326,438
4.34%, 01/09/48 500,000 412,730
Manufacturers & Traders Trust Co.
2.90%, 02/06/25 (a) 250,000 244,988
3.40%, 08/17/27 250,000 237,555
Mitsubishi UFJ Financial Group, Inc.
3.76%, 07/26/23 750,000 749,482
3.41%, 03/07/24 500,000 496,570
2.80%, 07/18/24 300,000 292,512
0.85%, 09/15/24 (a)(b) 750,000 722,992
2.19%, 02/25/25 850,000 807,959
3.78%, 03/02/25 350,000 347,715
1.41%, 07/17/25 600,000 552,114
0.95%, 07/19/25 (a)(b) 700,000 654,094
0.96%, 10/11/25 (a)(b) 400,000 370,940
3.85%, 03/01/26 750,000 737,812
2.76%, 09/13/26 200,000 187,322
3.68%, 02/22/27 300,000 290,745
1.54%, 07/20/27 (a)(b) 500,000 441,740
3.29%, 07/25/27 550,000 521,279
2.34%, 01/19/28 (a)(b) 400,000 361,620
3.96%, 03/02/28 250,000 241,635
3.74%, 03/07/29 700,000 660,338
3.20%, 07/18/29 650,000 587,301
2.56%, 02/25/30 400,000 343,596
2.05%, 07/17/30 550,000 449,427
2.31%, 07/20/32 (a)(b) 500,000 407,830
2.85%, 01/19/33 (a)(b) 400,000 340,388
4.32%, 04/19/33 (a)(b) 200,000 192,480
4.29%, 07/26/38 200,000 185,994
4.15%, 03/07/39 150,000 137,889
3.75%, 07/18/39 500,000 435,925
Mizuho Financial Group, Inc.
1.24%, 07/10/24 (a)(b) 400,000 389,016
0.85%, 09/08/24 (a)(b) 250,000 240,523
3.92%, 09/11/24 (a)(b) 250,000 249,625
2.56%, 09/13/25 (a)(b) 200,000 191,904
2.23%, 05/25/26 (a)(b) 400,000 374,584
3.66%, 02/28/27 200,000 191,584
1.23%, 05/22/27 (a)(b) 250,000 218,713
1.55%, 07/09/27 (a)(b) 250,000 220,023
3.17%, 09/11/27 700,000 650,650
4.02%, 03/05/28 300,000 287,691
4.25%, 09/11/29 (a)(b) 550,000 530,491
3.15%, 07/16/30 (a)(b) 250,000 222,780
2.87%, 09/13/30 (a)(b) 200,000 174,288
2.59%, 05/25/31 (a)(b) 350,000 294,431
 
43
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.20%, 07/10/31 (a)(b) 250,000 203,570
1.98%, 09/08/31 (a)(b) 400,000 317,700
2.56%, 09/13/31 200,000 160,414
2.26%, 07/09/32 (a)(b) 250,000 199,805
Morgan Stanley
3.88%, 04/29/24 950,000 952,945
3.70%, 10/23/24 950,000 948,299
0.79%, 01/22/25 (a)(b) 250,000 236,630
3.62%, 04/17/25 (a)(b) 600,000 592,878
0.79%, 05/30/25 (a)(b) 1,100,000 1,025,013
2.72%, 07/22/25 (a)(b) 490,000 472,997
4.00%, 07/23/25 1,000,000 1,000,590
0.86%, 10/21/25 (a)(b) 400,000 369,288
1.16%, 10/21/25 (a)(b) 500,000 463,890
5.00%, 11/24/25 750,000 763,732
3.88%, 01/27/26 1,050,000 1,036,255
2.63%, 02/18/26 (a)(b) 500,000 478,430
2.19%, 04/28/26 (a)(b) 750,000 703,882
3.13%, 07/27/26 1,000,000 954,690
6.25%, 08/09/26 200,000 213,240
4.35%, 09/08/26 750,000 743,062
0.99%, 12/10/26 (a)(b) 700,000 621,124
3.63%, 01/20/27 1,150,000 1,116,914
3.95%, 04/23/27 650,000 630,799
1.59%, 05/04/27 (a)(b) 750,000 669,240
1.51%, 07/20/27 (a)(b) 1,000,000 879,770
2.48%, 01/21/28 (a)(b) 750,000 683,070
4.21%, 04/20/28 (a)(b) 750,000 734,145
3.59%, 07/22/28 (a)(b) 1,100,000 1,042,558
3.77%, 01/24/29 (a)(b) 850,000 809,234
4.43%, 01/23/30 (a)(b) 1,100,000 1,069,233
2.70%, 01/22/31 (a)(b) 1,150,000 997,705
3.62%, 04/01/31 (a)(b) 1,000,000 920,120
1.79%, 02/13/32 (a)(b) 450,000 355,091
7.25%, 04/01/32 300,000 354,657
1.93%, 04/28/32 (a)(b) 600,000 476,268
2.24%, 07/21/32 (a)(b) 1,250,000 1,016,087
2.51%, 10/20/32 (a)(b) 750,000 621,525
2.94%, 01/21/33 (a)(b) 750,000 643,455
2.48%, 09/16/36 (a)(b) 900,000 692,226
5.30%, 04/20/37 (a)(b) 400,000 388,468
3.97%, 07/22/38 (a)(b) 600,000 538,854
4.46%, 04/22/39 (a)(b) 250,000 234,728
3.22%, 04/22/42 (a)(b) 700,000 551,754
6.38%, 07/24/42 700,000 803,614
4.30%, 01/27/45 850,000 766,130
4.38%, 01/22/47 750,000 683,490
5.60%, 03/24/51 (a)(b) 500,000 542,240
2.80%, 01/25/52 (a)(b) 450,000 312,953
National Australia Bank Ltd.
3.38%, 01/14/26 250,000 245,948
2.50%, 07/12/26 250,000 235,878
3.91%, 06/09/27 500,000 494,270
National Bank of Canada
0.55%, 11/15/24 (a)(b) 250,000 238,630
3.75%, 06/09/25 (a)(b) 250,000 248,213
Natwest Group PLC
3.88%, 09/12/23 750,000 748,147
6.00%, 12/19/23 400,000 407,560
5.13%, 05/28/24 400,000 401,776
4.27%, 03/22/25 (a)(b) 700,000 693,238
4.80%, 04/05/26 600,000 598,392
1.64%, 06/14/27 (a)(b) 250,000 219,633
3.07%, 05/22/28 (a)(b) 300,000 273,075
5.52%, 09/30/28 (a)(b) 300,000 302,622
4.89%, 05/18/29 (a)(b) 550,000 533,621
3.75%, 11/01/29 (a)(b) 200,000 192,100
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
5.08%, 01/27/30 (a)(b) 550,000 539,247
4.45%, 05/08/30 (a)(b) 300,000 283,641
3.03%, 11/28/35 (a)(b) 250,000 201,565
New York Community Bancorp, Inc.
5.90%, 11/06/28 (a)(b) 200,000 202,504
Northern Trust Corp.
3.95%, 10/30/25 300,000 301,410
4.00%, 05/10/27 (a) 150,000 151,142
3.65%, 08/03/28 (a) 250,000 244,835
3.15%, 05/03/29 (a) 150,000 140,915
1.95%, 05/01/30 (a) 250,000 212,583
PNC Bank NA
3.80%, 07/25/23 (a) 250,000 251,283
2.50%, 08/27/24 (a) 250,000 243,720
3.30%, 10/30/24 (a) 250,000 247,978
3.88%, 04/10/25 (a) 250,000 247,918
3.25%, 06/01/25 (a) 500,000 492,950
3.10%, 10/25/27 (a) 300,000 285,294
3.25%, 01/22/28 (a) 250,000 238,400
4.05%, 07/26/28 550,000 532,647
2.70%, 10/22/29 300,000 261,522
PNC Financial Services Group, Inc.
3.50%, 01/23/24 (a) 350,000 350,221
3.90%, 04/29/24 (a) 100,000 100,563
2.20%, 11/01/24 (a) 300,000 291,054
2.60%, 07/23/26 (a) 400,000 378,748
3.15%, 05/19/27 (a) 100,000 95,469
3.45%, 04/23/29 (a) 500,000 467,595
2.55%, 01/22/30 (a) 700,000 609,546
2.31%, 04/23/32 (a)(b) 300,000 251,286
Regions Bank
6.45%, 06/26/37 250,000 281,183
Regions Financial Corp.
2.25%, 05/18/25 (a) 250,000 238,695
1.80%, 08/12/28 (a) 250,000 213,228
Royal Bank of Canada
3.70%, 10/05/23 650,000 654,335
0.50%, 10/26/23 425,000 411,200
0.43%, 01/19/24 550,000 526,872
2.55%, 07/16/24 500,000 488,860
0.75%, 10/07/24 200,000 186,734
2.25%, 11/01/24 650,000 628,634
1.60%, 01/21/25 200,000 189,524
3.38%, 04/14/25 400,000 394,876
1.15%, 06/10/25 200,000 185,064
0.88%, 01/20/26 650,000 583,141
4.65%, 01/27/26 700,000 707,994
1.20%, 04/27/26 350,000 314,703
1.15%, 07/14/26 300,000 267,888
1.40%, 11/02/26 200,000 177,758
3.63%, 05/04/27 400,000 389,136
2.30%, 11/03/31 500,000 417,345
3.88%, 05/04/32 250,000 238,355
Santander Holdings USA, Inc.
3.50%, 06/07/24 (a) 250,000 245,678
3.45%, 06/02/25 (a) 250,000 241,113
4.50%, 07/17/25 (a) 600,000 598,386
3.24%, 10/05/26 (a)(c) 350,000 328,395
4.40%, 07/13/27 (a) 400,000 385,600
Santander UK Group Holdings PLC
1.09%, 03/15/25 (a)(b) 500,000 467,400
1.53%, 08/21/26 (a)(b) 450,000 403,290
1.67%, 06/14/27 (a)(b) 200,000 174,942
2.47%, 01/11/28 (a)(b) 400,000 355,016
3.82%, 11/03/28 (a)(b) 200,000 186,038
2.90%, 03/15/32 (a)(b) 300,000 250,038
 
44
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Santander UK PLC
4.00%, 03/13/24 400,000 400,680
2.88%, 06/18/24 100,000 97,634
Signature Bank
4.00%, 10/15/30 (a)(b) 150,000 143,747
State Street Corp.
3.70%, 11/20/23 200,000 201,668
3.78%, 12/03/24 (a)(b) 250,000 249,833
3.30%, 12/16/24 400,000 399,016
3.55%, 08/18/25 571,000 568,522
2.35%, 11/01/25 (a)(b) 450,000 433,170
2.90%, 03/30/26 (a)(b) 100,000 97,033
2.65%, 05/19/26 450,000 430,888
4.14%, 12/03/29 (a)(b) 300,000 294,126
2.40%, 01/24/30 250,000 218,418
2.20%, 03/03/31 200,000 163,582
2.62%, 02/07/33 (a)(b) 150,000 128,090
4.42%, 05/13/33 (a)(b) 150,000 147,903
Sumitomo Mitsui Banking Corp.
3.95%, 01/10/24 250,000 251,083
3.40%, 07/11/24 250,000 247,783
3.65%, 07/23/25 250,000 246,488
Sumitomo Mitsui Financial Group, Inc.
3.75%, 07/19/23 250,000 250,995
3.94%, 10/16/23 250,000 251,520
2.70%, 07/16/24 600,000 584,718
2.45%, 09/27/24 350,000 337,764
2.35%, 01/15/25 450,000 430,762
1.47%, 07/08/25 750,000 691,035
3.78%, 03/09/26 750,000 737,535
2.63%, 07/14/26 800,000 748,664
1.40%, 09/17/26 500,000 442,705
3.01%, 10/19/26 600,000 568,416
3.45%, 01/11/27 300,000 288,171
2.17%, 01/14/27 200,000 181,534
3.36%, 07/12/27 600,000 571,578
3.54%, 01/17/28 300,000 285,090
3.94%, 07/19/28 150,000 144,269
1.90%, 09/17/28 700,000 594,720
4.31%, 10/16/28 250,000 244,993
3.04%, 07/16/29 950,000 847,400
2.72%, 09/27/29 200,000 175,072
2.75%, 01/15/30 450,000 392,620
2.13%, 07/08/30 450,000 371,268
2.14%, 09/23/30 350,000 280,805
2.22%, 09/17/31 350,000 283,791
2.30%, 01/12/41 300,000 205,641
2.93%, 09/17/41 250,000 184,310
SVB Financial Group
3.50%, 01/29/25 100,000 98,111
3.13%, 06/05/30 (a) 250,000 216,085
1.80%, 02/02/31 (a) 350,000 270,113
4.57%, 04/29/33 (a)(b) 150,000 140,714
Svenska Handelsbanken AB
3.90%, 11/20/23 400,000 402,048
Synchrony Financial
4.38%, 03/19/24 (a) 158,000 157,077
4.25%, 08/15/24 (a) 250,000 248,915
3.70%, 08/04/26 (a) 450,000 417,258
3.95%, 12/01/27 (a) 450,000 410,035
5.15%, 03/19/29 (a) 450,000 421,600
Toronto-Dominion Bank
3.50%, 07/19/23 600,000 601,968
0.45%, 09/11/23 500,000 484,170
0.55%, 03/04/24 150,000 142,823
3.25%, 03/11/24 400,000 397,352
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.65%, 06/12/24 500,000 490,775
0.70%, 09/10/24 300,000 281,775
1.45%, 01/10/25 200,000 189,460
1.15%, 06/12/25 400,000 369,432
0.75%, 09/11/25 525,000 474,180
0.75%, 01/06/26 375,000 335,569
1.20%, 06/03/26 500,000 447,640
1.25%, 09/10/26 500,000 444,035
1.95%, 01/12/27 250,000 226,058
2.80%, 03/10/27 350,000 328,146
4.11%, 06/08/27 500,000 494,985
2.00%, 09/10/31 300,000 244,389
3.63%, 09/15/31 (a)(b) 450,000 433,575
2.45%, 01/12/32 225,000 188,692
3.20%, 03/10/32 500,000 446,480
4.46%, 06/08/32 600,000 593,772
Truist Bank
3.20%, 04/01/24 (a) 350,000 348,733
3.69%, 08/02/24 (a)(b) 350,000 349,962
1.50%, 03/10/25 (a) 400,000 377,800
3.63%, 09/16/25 (a) 750,000 736,492
4.05%, 11/03/25 (a) 350,000 352,118
3.80%, 10/30/26 (a) 250,000 244,345
2.25%, 03/11/30 (a) 600,000 503,328
Truist Financial Corp.
3.75%, 12/06/23 (a) 400,000 402,736
2.50%, 08/01/24 (a) 160,000 156,264
2.85%, 10/26/24 (a) 100,000 98,059
4.00%, 05/01/25 (a) 500,000 501,365
3.70%, 06/05/25 (a) 230,000 229,200
1.20%, 08/05/25 (a) 400,000 368,468
1.13%, 08/03/27 (a) 500,000 429,360
4.12%, 06/06/28 (a)(b) 300,000 296,322
3.88%, 03/19/29 (a) 200,000 189,672
1.89%, 06/07/29 (a)(b) 350,000 301,287
US Bancorp
3.70%, 01/30/24 (a) 250,000 251,405
3.38%, 02/05/24 (a) 450,000 451,012
2.40%, 07/30/24 (a) 400,000 390,644
3.60%, 09/11/24 (a) 500,000 499,170
1.45%, 05/12/25 (a) 500,000 469,805
3.95%, 11/17/25 (a) 300,000 301,716
3.10%, 04/27/26 (a) 100,000 96,527
2.38%, 07/22/26 (a) 400,000 377,548
3.15%, 04/27/27 (a) 750,000 722,347
3.90%, 04/26/28 (a) 450,000 445,221
1.38%, 07/22/30 (a) 450,000 359,145
2.68%, 01/27/33 (a)(b) 250,000 215,983
2.49%, 11/03/36 (a)(b) 400,000 327,176
US Bank NA
2.05%, 01/21/25 (a) 300,000 288,078
2.80%, 01/27/25 (a) 500,000 488,970
Valley National Bancorp
3.00%, 06/15/31 (a)(b) 150,000 135,594
Wachovia Corp.
5.50%, 08/01/35 100,000 102,188
Webster Financial Corp.
4.10%, 03/25/29 (a) 100,000 95,032
Wells Fargo & Co.
4.48%, 01/16/24 350,000 354,263
3.75%, 01/24/24 (a) 1,000,000 1,002,080
3.30%, 09/09/24 750,000 741,517
3.00%, 02/19/25 900,000 880,605
3.55%, 09/29/25 900,000 884,466
2.41%, 10/30/25 (a)(b) 1,000,000 954,280
2.16%, 02/11/26 (a)(b) 1,000,000 941,870
 
45
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.00%, 04/22/26 1,250,000 1,191,487
3.91%, 04/25/26 (a)(b) 800,000 787,544
2.19%, 04/30/26 (a)(b) 1,000,000 938,110
4.10%, 06/03/26 800,000 786,688
7.57%, 08/01/26 200,000 220,166
3.00%, 10/23/26 1,200,000 1,133,304
3.20%, 06/17/27 (a)(b) 750,000 711,802
4.30%, 07/22/27 800,000 791,120
3.53%, 03/24/28 (a)(b) 500,000 474,595
3.58%, 05/22/28 (a)(b) 950,000 901,113
2.39%, 06/02/28 (a)(b) 750,000 672,315
4.15%, 01/24/29 (a) 750,000 726,210
7.95%, 11/15/29 100,000 116,069
2.88%, 10/30/30 (a)(b) 1,200,000 1,056,972
2.57%, 02/11/31 (a)(b) 1,050,000 903,441
4.48%, 04/04/31 (a)(b) 950,000 930,145
3.35%, 03/02/33 (a)(b) 1,000,000 889,430
5.38%, 02/07/35 100,000 103,926
3.07%, 04/30/41 (a)(b) 1,050,000 819,252
5.38%, 11/02/43 600,000 592,560
5.61%, 01/15/44 775,000 781,626
4.65%, 11/04/44 600,000 541,170
3.90%, 05/01/45 750,000 633,862
4.90%, 11/17/45 600,000 556,878
4.40%, 06/14/46 650,000 567,495
4.75%, 12/07/46 650,000 594,379
5.01%, 04/04/51 (a)(b) 1,600,000 1,572,800
4.61%, 04/25/53 (a)(b) 850,000 787,822
5.95%, 12/01/86 100,000 101,983
Wells Fargo Bank NA
5.95%, 08/26/36 275,000 296,714
5.85%, 02/01/37 250,000 267,250
6.60%, 01/15/38 450,000 520,258
Western Alliance Bancorp
3.00%, 06/15/31 (a)(b) 150,000 135,053
Westpac Banking Corp.
3.30%, 02/26/24 250,000 249,438
1.02%, 11/18/24 300,000 282,381
2.35%, 02/19/25 400,000 386,756
2.85%, 05/13/26 800,000 768,280
1.15%, 06/03/26 400,000 359,260
2.70%, 08/19/26 550,000 523,259
3.35%, 03/08/27 550,000 533,049
3.40%, 01/25/28 300,000 288,186
1.95%, 11/20/28 150,000 130,868
2.65%, 01/16/30 250,000 222,580
2.89%, 02/04/30 (a)(b) 400,000 379,320
2.15%, 06/03/31 250,000 210,120
4.32%, 11/23/31 (a)(b) 550,000 530,068
4.11%, 07/24/34 (a)(b) 600,000 549,972
2.67%, 11/15/35 (a)(b) 200,000 160,748
3.02%, 11/18/36 (a)(b) 250,000 202,028
4.42%, 07/24/39 400,000 360,068
2.96%, 11/16/40 400,000 290,732
3.13%, 11/18/41 300,000 221,481
Zions Bancorp NA
3.25%, 10/29/29 (a) 300,000 262,452
    407,908,158
Brokerage/Asset Managers/Exchanges 0.4%
Affiliated Managers Group, Inc.
4.25%, 02/15/24 125,000 125,896
3.30%, 06/15/30 (a) 250,000 225,737
Ameriprise Financial, Inc.
4.00%, 10/15/23 250,000 251,592
3.70%, 10/15/24 275,000 275,162
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.00%, 04/02/25 (a) 150,000 146,763
2.88%, 09/15/26 (a) 150,000 143,552
BGC Partners, Inc.
5.38%, 07/24/23 250,000 250,402
3.75%, 10/01/24 (a) 50,000 48,798
BlackRock, Inc.
3.50%, 03/18/24 400,000 402,300
3.20%, 03/15/27 200,000 196,442
3.25%, 04/30/29 (a) 500,000 472,640
2.40%, 04/30/30 (a) 250,000 219,218
1.90%, 01/28/31 (a) 500,000 414,940
Brookfield Asset Management, Inc.
4.00%, 01/15/25 (a) 150,000 149,073
Brookfield Finance LLC
3.45%, 04/15/50 (a) 200,000 143,182
Brookfield Finance, Inc.
4.00%, 04/01/24 (a) 250,000 249,502
3.90%, 01/25/28 (a) 500,000 478,630
4.85%, 03/29/29 (a) 350,000 346,769
4.35%, 04/15/30 (a) 350,000 334,687
4.70%, 09/20/47 (a) 350,000 307,723
3.50%, 03/30/51 (a) 250,000 181,835
3.63%, 02/15/52 (a) 100,000 73,708
Cboe Global Markets, Inc.
3.65%, 01/12/27 (a) 250,000 244,297
1.63%, 12/15/30 (a) 50,000 40,272
3.00%, 03/16/32 (a) 100,000 89,587
CI Financial Corp.
3.20%, 12/17/30 (a) 350,000 272,867
4.10%, 06/15/51 (a) 300,000 200,850
CME Group, Inc.
3.00%, 03/15/25 (a) 200,000 197,716
3.75%, 06/15/28 (a) 250,000 246,885
5.30%, 09/15/43 (a) 300,000 326,076
4.15%, 06/15/48 (a) 250,000 240,777
E*TRADE Financial Corp.
3.80%, 08/24/27 (a) 100,000 96,501
4.50%, 06/20/28 (a) 150,000 150,005
Eaton Vance Corp.
3.50%, 04/06/27 (a) 123,000 118,290
Franklin Resources, Inc.
2.85%, 03/30/25 150,000 146,033
1.60%, 10/30/30 (a) 300,000 235,785
2.95%, 08/12/51 (a) 100,000 69,305
Intercontinental Exchange, Inc.
3.65%, 05/23/25 (a) 350,000 347,854
3.75%, 12/01/25 (a) 250,000 248,105
3.10%, 09/15/27 (a) 250,000 236,297
4.00%, 09/15/27 (a) 450,000 443,020
3.75%, 09/21/28 (a) 200,000 192,404
4.35%, 06/15/29 (a) 300,000 296,271
2.10%, 06/15/30 (a) 450,000 377,253
1.85%, 09/15/32 (a) 500,000 391,960
4.60%, 03/15/33 (a) 475,000 472,525
2.65%, 09/15/40 (a) 250,000 183,733
4.25%, 09/21/48 (a) 400,000 357,676
3.00%, 06/15/50 (a) 400,000 292,276
4.95%, 06/15/52 (a) 475,000 467,937
3.00%, 09/15/60 (a) 550,000 373,120
5.20%, 06/15/62 (a) 300,000 299,919
Invesco Finance PLC
4.00%, 01/30/24 50,000 50,064
3.75%, 01/15/26 350,000 345,856
5.38%, 11/30/43 100,000 100,541
 
46
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Janus Capital Group, Inc.
4.88%, 08/01/25 (a) 150,000 151,364
Jefferies Group LLC
6.45%, 06/08/27 200,000 213,828
6.25%, 01/15/36 225,000 223,655
6.50%, 01/20/43 175,000 176,234
Jefferies Group LLC/Jefferies Group Capital Finance, Inc.
4.85%, 01/15/27 300,000 299,307
4.15%, 01/23/30 300,000 269,316
2.63%, 10/15/31 (a) 300,000 231,426
Lazard Group LLC
3.75%, 02/13/25 50,000 49,077
3.63%, 03/01/27 (a) 200,000 189,612
4.50%, 09/19/28 (a) 175,000 168,207
4.38%, 03/11/29 (a) 150,000 143,300
Legg Mason, Inc.
4.75%, 03/15/26 150,000 153,833
5.63%, 01/15/44 176,000 181,359
Nasdaq, Inc.
3.85%, 06/30/26 (a) 250,000 248,617
2.50%, 12/21/40 (a) 350,000 242,329
3.25%, 04/28/50 (a) 300,000 218,985
Nomura Holdings, Inc.
2.65%, 01/16/25 500,000 474,550
1.85%, 07/16/25 500,000 460,525
1.65%, 07/14/26 500,000 439,085
2.33%, 01/22/27 400,000 354,164
2.17%, 07/14/28 400,000 337,640
3.10%, 01/16/30 500,000 425,790
2.68%, 07/16/30 350,000 287,458
2.61%, 07/14/31 200,000 159,590
3.00%, 01/22/32 200,000 162,508
Raymond James Financial, Inc.
4.65%, 04/01/30 (a) 200,000 197,368
4.95%, 07/15/46 300,000 293,121
3.75%, 04/01/51 (a) 200,000 164,046
Stifel Financial Corp.
4.25%, 07/18/24 100,000 100,453
4.00%, 05/15/30 (a) 200,000 185,606
The Charles Schwab Corp.
3.55%, 02/01/24 (a)(d) 150,000 150,330
0.75%, 03/18/24 (a)(d) 450,000 431,635
3.75%, 04/01/24 (a)(d) 80,000 80,572
3.00%, 03/10/25 (a)(d) 100,000 98,564
4.20%, 03/24/25 (a)(d) 150,000 152,426
3.63%, 04/01/25 (a)(d) 100,000 99,898
3.85%, 05/21/25 (a)(d) 175,000 175,807
3.45%, 02/13/26 (a)(d) 100,000 99,167
0.90%, 03/11/26 (a)(d) 375,000 337,436
1.15%, 05/13/26 (a)(d) 250,000 225,840
3.20%, 03/02/27 (a)(d) 175,000 169,425
2.45%, 03/03/27 (a)(d) 450,000 420,430
3.30%, 04/01/27 (a)(d) 175,000 170,053
3.20%, 01/25/28 (a)(d) 200,000 191,466
2.00%, 03/20/28 (a)(d) 350,000 312,896
4.00%, 02/01/29 (a)(d) 150,000 147,782
3.25%, 05/22/29 (a)(d) 150,000 139,760
2.75%, 10/01/29 (a)(d) 125,000 112,719
4.63%, 03/22/30 (a)(d) 150,000 152,054
1.65%, 03/11/31 (a)(d) 200,000 160,872
2.30%, 05/13/31 (a)(d) 200,000 169,406
1.95%, 12/01/31 (a)(d) 250,000 202,910
2.90%, 03/03/32 (a)(d) 300,000 264,312
    25,258,721
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Finance Companies 0.3%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
4.13%, 07/03/23 (a) 150,000 148,881
4.50%, 09/15/23 (a) 500,000 498,885
1.15%, 10/29/23 500,000 477,520
4.88%, 01/16/24 (a) 250,000 249,675
3.15%, 02/15/24 (a) 200,000 194,490
2.88%, 08/14/24 (a) 300,000 287,739
1.65%, 10/29/24 (a) 1,000,000 926,170
1.75%, 10/29/24 (a) 350,000 324,863
3.50%, 01/15/25 (a) 300,000 287,994
6.50%, 07/15/25 (a) 350,000 358,379
4.45%, 10/01/25 (a) 150,000 145,526
1.75%, 01/30/26 (a) 300,000 261,945
4.45%, 04/03/26 (a) 250,000 239,830
2.45%, 10/29/26 (a) 750,000 653,527
3.65%, 07/21/27 (a) 450,000 407,889
4.63%, 10/15/27 (a) 150,000 141,482
3.88%, 01/23/28 (a) 200,000 180,766
3.00%, 10/29/28 (a) 1,150,000 968,127
3.30%, 01/30/32 (a) 1,175,000 937,192
3.40%, 10/29/33 (a) 500,000 394,690
3.85%, 10/29/41 (a) 500,000 360,065
Air Lease Corp.
3.88%, 07/03/23 (a) 175,000 174,668
3.00%, 09/15/23 (a) 300,000 295,884
0.70%, 02/15/24 (a) 250,000 236,165
4.25%, 09/15/24 (a) 400,000 393,112
2.30%, 02/01/25 (a) 250,000 234,440
3.25%, 03/01/25 (a) 200,000 191,338
3.38%, 07/01/25 (a) 100,000 94,314
2.88%, 01/15/26 (a) 200,000 183,738
3.75%, 06/01/26 (a) 250,000 235,432
1.88%, 08/15/26 (a) 200,000 173,168
3.63%, 04/01/27 (a) 400,000 370,644
3.63%, 12/01/27 (a) 449,000 400,719
2.10%, 09/01/28 (a) 200,000 162,596
4.63%, 10/01/28 (a) 200,000 185,130
3.25%, 10/01/29 (a) 250,000 209,147
3.00%, 02/01/30 (a) 350,000 284,938
3.13%, 12/01/30 (a) 100,000 81,691
2.88%, 01/15/32 (a) 250,000 195,130
Aircastle Ltd.
4.40%, 09/25/23 (a) 200,000 198,072
4.13%, 05/01/24 (a) 200,000 194,916
4.25%, 06/15/26 (a) 200,000 184,656
Ares Capital Corp.
4.20%, 06/10/24 (a) 300,000 294,999
4.25%, 03/01/25 (a) 100,000 95,637
3.25%, 07/15/25 (a) 350,000 323,949
3.88%, 01/15/26 (a) 500,000 461,370
2.15%, 07/15/26 (a) 300,000 252,549
2.88%, 06/15/27 (a) 250,000 209,257
2.88%, 06/15/28 (a) 250,000 199,517
3.20%, 11/15/31 (a) 250,000 182,453
Bain Capital Specialty Finance, Inc.
2.95%, 03/10/26 (a) 250,000 223,960
Blackstone Private Credit Fund
2.35%, 11/22/24 (c) 150,000 137,738
2.70%, 01/15/25 (a)(c) 200,000 182,600
4.70%, 03/24/25 (c) 200,000 192,788
2.63%, 12/15/26 (a)(c) 300,000 250,725
3.25%, 03/15/27 (a)(c) 350,000 297,279
4.00%, 01/15/29 (a)(c) 300,000 246,333
 
47
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Blackstone Secured Lending Fund
3.63%, 01/15/26 (a) 275,000 252,505
2.75%, 09/16/26 (a) 200,000 175,204
2.13%, 02/15/27 (a) 250,000 209,313
2.85%, 09/30/28 (a) 250,000 201,854
FS KKR Capital Corp.
4.63%, 07/15/24 (a) 200,000 196,632
4.13%, 02/01/25 (a) 400,000 380,328
3.40%, 01/15/26 (a) 350,000 311,157
3.13%, 10/12/28 (a) 250,000 199,592
GATX Corp.
4.35%, 02/15/24 (a) 100,000 100,797
3.85%, 03/30/27 (a) 200,000 194,246
3.50%, 03/15/28 (a) 100,000 93,780
4.55%, 11/07/28 (a) 350,000 343,504
4.70%, 04/01/29 (a) 255,000 249,250
5.20%, 03/15/44 (a) 150,000 143,937
3.10%, 06/01/51 (a) 150,000 101,052
Goldman Sachs BDC, Inc.
3.75%, 02/10/25 (a) 150,000 145,425
2.88%, 01/15/26 (a) 150,000 135,695
Golub Capital BDC, Inc.
3.38%, 04/15/24 (a) 150,000 144,980
2.50%, 08/24/26 (a) 200,000 167,608
2.05%, 02/15/27 (a) 150,000 122,064
Hercules Capital, Inc.
3.38%, 01/20/27 (a) 200,000 174,518
Main Street Capital Corp.
5.20%, 05/01/24 200,000 199,392
3.00%, 07/14/26 (a) 150,000 131,213
Morgan Stanley Direct Lending Fund
4.50%, 02/11/27 (a)(c) 150,000 136,565
Oaktree Specialty Lending Corp.
3.50%, 02/25/25 (a) 100,000 95,011
2.70%, 01/15/27 (a) 100,000 86,610
Owl Rock Capital Corp.
5.25%, 04/15/24 (a) 150,000 150,005
4.00%, 03/30/25 (a) 250,000 236,422
4.25%, 01/15/26 (a) 250,000 230,262
3.40%, 07/15/26 (a) 450,000 397,066
2.63%, 01/15/27 (a) 150,000 125,232
Owl Rock Core Income Corp.
3.13%, 09/23/26 (a)(c) 100,000 86,366
4.70%, 02/08/27 (a)(c) 200,000 183,294
Owl Rock Technology Finance Corp.
2.50%, 01/15/27 (a) 100,000 85,242
Prospect Capital Corp.
3.71%, 01/22/26 (a) 150,000 133,766
3.36%, 11/15/26 (a) 100,000 84,908
3.44%, 10/15/28 (a) 100,000 76,746
Sixth Street Specialty Lending, Inc.
2.50%, 08/01/26 (a) 100,000 87,635
    23,245,863
Financial Other 0.0%
Andrew W Mellon Foundation
0.95%, 08/01/27 (a) 125,000 109,645
ORIX Corp.
4.05%, 01/16/24 150,000 150,597
3.25%, 12/04/24 250,000 245,983
3.70%, 07/18/27 143,000 139,252
2.25%, 03/09/31 (e) 190,000 159,803
    805,280
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Insurance 1.0%
ACE Capital Trust II
9.70%, 04/01/30 200,000 256,468
Ace INA Holdings, Inc.
3.15%, 03/15/25 400,000 392,932
3.35%, 05/03/26 (a) 500,000 489,050
Aegon N.V.
5.50%, 04/11/48 (a)(b) 250,000 240,775
Aetna, Inc.
3.50%, 11/15/24 (a) 300,000 296,829
6.63%, 06/15/36 300,000 339,723
6.75%, 12/15/37 150,000 171,038
4.50%, 05/15/42 (a) 200,000 180,988
4.13%, 11/15/42 (a) 150,000 128,676
4.75%, 03/15/44 (a) 200,000 184,546
3.88%, 08/15/47 (a) 150,000 124,193
Aflac, Inc.
3.63%, 11/15/24 150,000 150,476
3.25%, 03/17/25 200,000 197,590
1.13%, 03/15/26 (a) 200,000 180,904
3.60%, 04/01/30 (a) 350,000 331,562
4.00%, 10/15/46 (a) 150,000 129,839
4.75%, 01/15/49 (a) 150,000 145,214
Alleghany Corp.
3.63%, 05/15/30 (a) 200,000 187,644
3.25%, 08/15/51 (a) 200,000 148,550
Allied World Assurance Co., Holdings Ltd.
4.35%, 10/29/25 (a) 200,000 196,564
Allstate Corp.
0.75%, 12/15/25 (a) 250,000 225,187
3.28%, 12/15/26 (a) 250,000 246,932
1.45%, 12/15/30 (a) 150,000 119,319
5.35%, 06/01/33 79,000 83,709
5.55%, 05/09/35 200,000 217,480
4.50%, 06/15/43 250,000 235,385
4.20%, 12/15/46 (a) 276,000 252,223
3.85%, 08/10/49 (a) 150,000 129,026
6.50%, 05/15/67 (a)(b) 100,000 102,498
American Equity Investment Life Holding Co.
5.00%, 06/15/27 (a) 100,000 98,579
American Financial Group, Inc.
5.25%, 04/02/30 (a) 100,000 100,370
4.50%, 06/15/47 (a) 200,000 169,100
American International Group, Inc.
4.13%, 02/15/24 200,000 201,522
2.50%, 06/30/25 (a) 500,000 477,200
3.90%, 04/01/26 (a) 500,000 489,560
3.40%, 06/30/30 (a) 200,000 183,606
3.88%, 01/15/35 (a) 200,000 181,488
6.25%, 05/01/36 150,000 169,332
4.50%, 07/16/44 (a) 300,000 269,862
4.80%, 07/10/45 (a) 275,000 256,435
4.75%, 04/01/48 (a) 250,000 235,002
5.75%, 04/01/48 (a)(b) 210,000 189,433
4.38%, 06/30/50 (a) 300,000 266,529
Anthem, Inc.
3.50%, 08/15/24 (a) 350,000 348,750
3.35%, 12/01/24 (a) 350,000 345,768
2.38%, 01/15/25 (a) 300,000 289,407
1.50%, 03/15/26 (a) 500,000 457,710
3.65%, 12/01/27 (a) 500,000 486,995
4.10%, 03/01/28 (a) 250,000 247,527
2.88%, 09/15/29 (a) 210,000 189,420
2.25%, 05/15/30 (a) 450,000 384,988
2.55%, 03/15/31 (a) 100,000 86,483
 
48
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
5.95%, 12/15/34 100,000 111,003
5.85%, 01/15/36 100,000 109,382
6.38%, 06/15/37 50,000 58,287
4.63%, 05/15/42 200,000 190,194
4.65%, 01/15/43 475,000 453,231
5.10%, 01/15/44 200,000 200,598
4.65%, 08/15/44 (a) 400,000 379,908
4.38%, 12/01/47 (a) 250,000 231,650
4.55%, 03/01/48 (a) 400,000 380,036
3.70%, 09/15/49 (a) 250,000 207,792
3.13%, 05/15/50 (a) 500,000 378,735
3.60%, 03/15/51 (a) 150,000 121,995
4.55%, 05/15/52 (a) 200,000 190,580
Aon Corp.
8.21%, 01/01/27 100,000 107,001
4.50%, 12/15/28 (a) 100,000 98,628
3.75%, 05/02/29 (a) 100,000 94,571
2.80%, 05/15/30 (a) 250,000 218,947
2.05%, 08/23/31 (a) 200,000 161,886
6.25%, 09/30/40 150,000 166,947
2.90%, 08/23/51 (a) 200,000 140,246
3.90%, 02/28/52 (a) 250,000 206,100
Aon PLC
4.00%, 11/27/23 (a) 200,000 201,120
3.50%, 06/14/24 (a) 400,000 397,840
3.88%, 12/15/25 (a) 300,000 297,003
4.60%, 06/14/44 (a) 200,000 180,772
4.75%, 05/15/45 (a) 200,000 186,454
Arch Capital Finance LLC
4.01%, 12/15/26 (a) 200,000 197,110
5.03%, 12/15/46 (a) 200,000 189,454
Arch Capital Group Ltd.
3.64%, 06/30/50 (a) 250,000 195,840
Arch Capital Group US, Inc.
5.14%, 11/01/43 250,000 244,040
Arthur J Gallagher & Co.
3.50%, 05/20/51 (a) 300,000 229,608
3.05%, 03/09/52 (a) 150,000 104,139
Assurant, Inc.
4.20%, 09/27/23 (a) 75,000 75,579
4.90%, 03/27/28 (a) 150,000 149,109
3.70%, 02/22/30 (a) 100,000 89,096
2.65%, 01/15/32 (a) 100,000 78,419
Assured Guaranty US Holdings, Inc.
5.00%, 07/01/24 132,000 134,756
3.15%, 06/15/31 (a) 250,000 217,327
3.60%, 09/15/51 (a) 50,000 37,757
Athene Holding Ltd.
4.13%, 01/12/28 (a) 400,000 374,004
6.15%, 04/03/30 (a) 200,000 199,876
3.50%, 01/15/31 (a) 150,000 127,094
3.95%, 05/25/51 (a) 150,000 111,354
AXA S.A.
8.60%, 12/15/30 400,000 475,360
AXIS Specialty Finance LLC
3.90%, 07/15/29 (a) 100,000 93,916
4.90%, 01/15/40 (a)(b) 50,000 42,929
AXIS Specialty Finance PLC
4.00%, 12/06/27 (a) 150,000 145,616
Berkshire Hathaway Finance Corp.
2.30%, 03/15/27 (a)(e) 250,000 236,397
1.85%, 03/12/30 (a) 150,000 128,448
1.45%, 10/15/30 (a) 200,000 162,596
2.88%, 03/15/32 (a) 200,000 179,622
5.75%, 01/15/40 150,000 166,574
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.40%, 05/15/42 250,000 237,460
4.30%, 05/15/43 250,000 234,782
4.20%, 08/15/48 (a) 750,000 689,032
4.25%, 01/15/49 (a) 700,000 648,844
2.85%, 10/15/50 (a) 575,000 415,052
2.50%, 01/15/51 (a) 300,000 203,778
3.85%, 03/15/52 (a) 875,000 751,389
Berkshire Hathaway, Inc.
3.13%, 03/15/26 (a) 895,000 879,194
4.50%, 02/11/43 50,000 47,862
Brighthouse Financial, Inc.
3.70%, 06/22/27 (a) 300,000 281,283
5.63%, 05/15/30 (a) 100,000 97,241
4.70%, 06/22/47 (a) 385,000 307,399
3.85%, 12/22/51 (a) 100,000 68,313
Brown & Brown, Inc.
4.20%, 09/15/24 (a) 195,000 195,053
4.50%, 03/15/29 (a) 50,000 49,181
2.38%, 03/15/31 (a) 250,000 198,453
4.20%, 03/17/32 (a) 175,000 159,780
4.95%, 03/17/52 (a) 200,000 175,874
Chubb Corp.
6.00%, 05/11/37 350,000 405,387
6.50%, 05/15/38 260,000 306,181
Chubb INA Holdings, Inc.
1.38%, 09/15/30 (a) 350,000 280,045
4.35%, 11/03/45 (a) 500,000 473,475
3.05%, 12/15/61 (a) 300,000 216,090
Cincinnati Financial Corp.
6.92%, 05/15/28 200,000 226,932
6.13%, 11/01/34 50,000 56,886
CNA Financial Corp.
3.95%, 05/15/24 (a) 100,000 99,995
4.50%, 03/01/26 (a) 250,000 250,930
3.45%, 08/15/27 (a) 150,000 142,452
3.90%, 05/01/29 (a) 25,000 23,532
2.05%, 08/15/30 (a) 250,000 201,768
CNO Financial Group, Inc.
5.25%, 05/30/25 (a) 50,000 50,777
5.25%, 05/30/29 (a) 320,000 310,710
Corebridge Financial, Inc.
3.50%, 04/04/25 (a)(c) 250,000 243,500
3.65%, 04/05/27 (a)(c) 400,000 377,092
3.85%, 04/05/29 (a)(c) 400,000 369,788
3.90%, 04/05/32 (a)(c) 450,000 404,131
4.35%, 04/05/42 (a)(c) 150,000 128,195
4.40%, 04/05/52 (a)(c) 350,000 292,936
Enstar Group Ltd.
4.95%, 06/01/29 (a) 250,000 240,220
Equitable Holdings, Inc.
4.35%, 04/20/28 (a) 550,000 531,943
5.00%, 04/20/48 (a) 450,000 417,690
Everest Reinsurance Holdings, Inc.
4.87%, 06/01/44 115,000 107,587
3.50%, 10/15/50 (a) 350,000 269,230
3.13%, 10/15/52 (a) 300,000 210,546
Fairfax Financial Holdings Ltd.
4.85%, 04/17/28 (a) 250,000 248,752
4.63%, 04/29/30 (a) 300,000 288,468
Fidelity National Financial, Inc.
4.50%, 08/15/28 (a) 150,000 144,909
3.40%, 06/15/30 (a) 200,000 175,798
2.45%, 03/15/31 (a) 300,000 237,537
 
49
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
First American Financial Corp.
4.60%, 11/15/24 150,000 149,673
4.00%, 05/15/30 (a) 100,000 89,923
2.40%, 08/15/31 (a) 200,000 153,804
Globe Life, Inc.
4.55%, 09/15/28 (a) 170,000 167,877
2.15%, 08/15/30 (a) 200,000 163,840
Hanover Insurance Group, Inc.
4.50%, 04/15/26 (a) 150,000 149,504
2.50%, 09/01/30 (a) 100,000 83,751
Hartford Financial Services Group, Inc.
2.80%, 08/19/29 (a) 145,000 129,428
5.95%, 10/15/36 100,000 109,132
6.10%, 10/01/41 150,000 163,985
4.40%, 03/15/48 (a) 225,000 204,415
3.60%, 08/19/49 (a) 400,000 318,968
Humana, Inc.
0.65%, 08/03/23 (a) 150,000 145,394
3.85%, 10/01/24 (a) 600,000 602,034
4.50%, 04/01/25 (a) 200,000 202,454
1.35%, 02/03/27 (a) 250,000 218,992
3.95%, 03/15/27 (a) 150,000 147,572
3.13%, 08/15/29 (a) 200,000 181,018
4.88%, 04/01/30 (a) 200,000 202,258
2.15%, 02/03/32 (a) 250,000 202,705
4.63%, 12/01/42 (a) 100,000 93,217
4.95%, 10/01/44 (a) 250,000 243,797
4.80%, 03/15/47 (a) 150,000 144,906
3.95%, 08/15/49 (a) 150,000 127,971
Jackson Financial, Inc.
3.13%, 11/23/31 (a)(c) 150,000 120,440
5.67%, 06/08/32 (a) 100,000 96,800
4.00%, 11/23/51 (a)(c) 150,000 106,296
Kemper Corp.
4.35%, 02/15/25 (a) 100,000 99,658
2.40%, 09/30/30 (a) 350,000 285,813
Lincoln National Corp.
3.35%, 03/09/25 168,000 165,257
3.63%, 12/12/26 (a) 104,000 101,011
3.80%, 03/01/28 (a) 200,000 191,858
3.05%, 01/15/30 (a) 200,000 175,548
3.40%, 01/15/31 (a) 200,000 178,644
6.30%, 10/09/37 150,000 164,214
7.00%, 06/15/40 150,000 171,615
4.35%, 03/01/48 (a) 175,000 150,224
4.38%, 06/15/50 (a) 50,000 43,411
Loews Corp.
3.75%, 04/01/26 (a) 200,000 198,410
3.20%, 05/15/30 (a) 150,000 136,686
6.00%, 02/01/35 100,000 108,554
4.13%, 05/15/43 (a) 100,000 85,846
Manulife Financial Corp.
4.15%, 03/04/26 350,000 347,378
2.48%, 05/19/27 (a) 100,000 91,475
4.06%, 02/24/32 (a)(b) 250,000 231,517
3.70%, 03/16/32 (a) 250,000 230,802
5.38%, 03/04/46 250,000 270,727
Markel Corp.
3.50%, 11/01/27 (a) 100,000 96,066
3.35%, 09/17/29 (a) 100,000 91,756
5.00%, 04/05/46 175,000 166,628
4.30%, 11/01/47 (a) 50,000 43,363
5.00%, 05/20/49 (a) 200,000 190,470
4.15%, 09/17/50 (a) 200,000 166,388
3.45%, 05/07/52 (a) 150,000 112,394
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Marsh & McLennan Cos., Inc.
3.88%, 03/15/24 (a) 350,000 350,833
3.50%, 06/03/24 (a) 300,000 299,343
3.75%, 03/14/26 (a) 250,000 247,985
4.38%, 03/15/29 (a) 450,000 445,495
2.25%, 11/15/30 (a) 325,000 275,041
4.75%, 03/15/39 (a) 250,000 245,292
4.35%, 01/30/47 (a) 200,000 180,570
4.20%, 03/01/48 (a) 100,000 88,841
4.90%, 03/15/49 (a) 500,000 497,080
Mercury General Corp.
4.40%, 03/15/27 (a) 200,000 196,244
MetLife, Inc.
4.37%, 09/15/23 100,000 101,230
3.60%, 04/10/24 565,000 566,797
3.00%, 03/01/25 100,000 98,393
3.60%, 11/13/25 (a) 250,000 248,465
4.55%, 03/23/30 (a) 400,000 403,916
5.70%, 06/15/35 400,000 440,132
5.88%, 02/06/41 500,000 543,750
4.13%, 08/13/42 250,000 225,565
4.88%, 11/13/43 100,000 99,031
4.72%, 12/15/44 250,000 241,425
4.05%, 03/01/45 150,000 132,506
4.60%, 05/13/46 (a) 300,000 292,554
6.40%, 12/15/66 (a) 500,000 504,785
10.75%, 08/01/69 (a)(b) 100,000 132,178
Nationwide Financial Services, Inc.
6.75%, 05/15/87 (b) 65,000 66,016
Old Republic International Corp.
3.88%, 08/26/26 (a) 250,000 243,075
3.85%, 06/11/51 (a) 150,000 113,858
PartnerRe Finance B LLC
3.70%, 07/02/29 (a) 160,000 152,581
4.50%, 10/01/50 (a)(b) 100,000 83,969
Principal Financial Group, Inc.
3.10%, 11/15/26 (a) 150,000 142,823
3.70%, 05/15/29 (a) 150,000 141,150
2.13%, 06/15/30 (a) 250,000 206,723
4.63%, 09/15/42 150,000 139,136
4.35%, 05/15/43 200,000 179,620
4.30%, 11/15/46 (a) 100,000 93,189
Prudential Financial, Inc.
1.50%, 03/10/26 (a) 100,000 91,917
3.88%, 03/27/28 (a) 192,000 188,678
2.10%, 03/10/30 (a) 250,000 213,132
5.75%, 07/15/33 100,000 109,872
5.70%, 12/14/36 90,000 98,488
6.63%, 12/01/37 250,000 294,562
3.00%, 03/10/40 (a) 200,000 162,412
5.20%, 03/15/44 (a)(b) 150,000 142,866
4.60%, 05/15/44 300,000 285,957
5.38%, 05/15/45 (a)(b) 300,000 287,925
3.91%, 12/07/47 (a) 350,000 305,259
4.42%, 03/27/48 (a) 150,000 139,598
5.70%, 09/15/48 (a)(b) 250,000 244,317
3.94%, 12/07/49 (a) 400,000 345,664
4.35%, 02/25/50 (a) 250,000 232,500
3.70%, 10/01/50 (a)(b) 250,000 207,623
3.70%, 03/13/51 (a) 300,000 250,956
5.13%, 03/01/52 (a)(b) 250,000 231,132
Prudential PLC
3.13%, 04/14/30 325,000 299,253
3.63%, 03/24/32 (a) 100,000 92,733
 
50
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Reinsurance Group of America, Inc.
4.70%, 09/15/23 265,000 267,584
3.90%, 05/15/29 (a) 200,000 187,726
3.15%, 06/15/30 (a) 150,000 132,879
RenaissanceRe Finance, Inc.
3.45%, 07/01/27 (a) 150,000 143,366
RenaissanceRe Holdings Ltd.
3.60%, 04/15/29 (a) 200,000 188,066
Selective Insurance Group, Inc.
5.38%, 03/01/49 (a) 100,000 95,628
Stewart Information Services Corp.
3.60%, 11/15/31 (a) 100,000 83,104
Swiss Re America Holding Corp.
7.00%, 02/15/26 125,000 137,743
The Progressive Corp.
4.00%, 03/01/29 (a) 360,000 357,304
3.20%, 03/26/30 (a) 150,000 139,617
3.00%, 03/15/32 (a) 150,000 135,441
6.25%, 12/01/32 110,000 126,971
4.35%, 04/25/44 150,000 139,986
3.70%, 01/26/45 150,000 127,152
4.13%, 04/15/47 (a) 350,000 321,548
4.20%, 03/15/48 (a) 125,000 115,649
3.95%, 03/26/50 (a) 200,000 177,984
Transatlantic Holdings, Inc.
8.00%, 11/30/39 121,000 157,344
Travelers Cos., Inc.
6.75%, 06/20/36 50,000 60,562
6.25%, 06/15/37 300,000 352,668
5.35%, 11/01/40 100,000 106,297
4.60%, 08/01/43 200,000 191,022
4.30%, 08/25/45 (a) 200,000 185,268
3.75%, 05/15/46 (a) 200,000 173,342
4.00%, 05/30/47 (a) 150,000 133,916
4.10%, 03/04/49 (a) 250,000 227,110
2.55%, 04/27/50 (a) 200,000 139,282
3.05%, 06/08/51 (a) 250,000 191,093
Travelers Property Casualty Corp.
6.38%, 03/15/33 200,000 235,692
Trinity Acquisition PLC
4.40%, 03/15/26 (a) 110,000 108,859
UnitedHealth Group, Inc.
3.50%, 02/15/24 250,000 251,137
0.55%, 05/15/24 (a) 200,000 190,740
2.38%, 08/15/24 200,000 196,216
3.75%, 07/15/25 750,000 750,990
3.70%, 12/15/25 150,000 149,886
1.25%, 01/15/26 100,000 92,358
3.10%, 03/15/26 350,000 342,961
3.45%, 01/15/27 250,000 246,732
2.95%, 10/15/27 100,000 95,919
3.85%, 06/15/28 450,000 448,146
3.88%, 12/15/28 350,000 348,372
4.00%, 05/15/29 (a) 250,000 248,257
2.88%, 08/15/29 400,000 370,052
2.00%, 05/15/30 500,000 428,820
2.30%, 05/15/31 (a) 400,000 346,748
4.20%, 05/15/32 (a) 475,000 475,389
4.63%, 07/15/35 400,000 407,184
5.80%, 03/15/36 200,000 224,566
6.63%, 11/15/37 250,000 303,577
6.88%, 02/15/38 300,000 372,912
3.50%, 08/15/39 (a) 400,000 349,640
2.75%, 05/15/40 (a) 400,000 312,216
5.70%, 10/15/40 (a) 100,000 110,899
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
5.95%, 02/15/41 (a) 150,000 170,099
3.05%, 05/15/41 (a) 500,000 404,710
4.63%, 11/15/41 (a) 173,000 172,194
4.38%, 03/15/42 (a) 150,000 144,095
3.95%, 10/15/42 (a) 250,000 226,127
4.75%, 07/15/45 600,000 605,418
4.20%, 01/15/47 (a) 200,000 187,300
4.25%, 04/15/47 (a) 250,000 235,477
3.75%, 10/15/47 (a) 200,000 174,016
4.25%, 06/15/48 (a) 400,000 375,020
4.45%, 12/15/48 (a) 350,000 336,833
3.70%, 08/15/49 (a) 400,000 342,328
2.90%, 05/15/50 (a) 400,000 298,264
3.25%, 05/15/51 (a) 600,000 472,398
4.75%, 05/15/52 (a) 600,000 601,104
3.88%, 08/15/59 (a) 400,000 345,760
3.13%, 05/15/60 (a) 350,000 257,988
4.95%, 05/15/62 (a) 325,000 329,839
Unum Group
4.00%, 03/15/24 100,000 99,879
4.00%, 06/15/29 (a) 150,000 141,908
5.75%, 08/15/42 150,000 140,994
4.50%, 12/15/49 (a) 150,000 116,765
4.13%, 06/15/51 (a) 200,000 148,026
Voya Financial, Inc.
3.65%, 06/15/26 150,000 145,889
5.70%, 07/15/43 150,000 153,935
4.80%, 06/15/46 75,000 69,636
4.70%, 01/23/48 (a)(b) 100,000 81,849
Willis North America, Inc.
3.60%, 05/15/24 (a) 250,000 247,050
4.50%, 09/15/28 (a) 200,000 192,752
2.95%, 09/15/29 (a) 200,000 171,538
5.05%, 09/15/48 (a) 150,000 139,554
3.88%, 09/15/49 (a) 200,000 156,668
WR Berkley Corp.
4.75%, 08/01/44 150,000 141,297
4.00%, 05/12/50 (a) 100,000 83,354
3.55%, 03/30/52 (a) 150,000 116,073
3.15%, 09/30/61 (a) 100,000 66,744
XLIT Ltd.
5.25%, 12/15/43 100,000 106,048
5.50%, 03/31/45 125,000 130,384
    77,634,299
REITs 0.7%
Agree LP
2.00%, 06/15/28 (a) 150,000 128,142
2.90%, 10/01/30 (a) 250,000 212,157
Alexandria Real Estate Equities, Inc.
3.45%, 04/30/25 (a) 25,000 24,620
4.30%, 01/15/26 (a) 150,000 150,723
3.80%, 04/15/26 (a) 150,000 147,344
3.95%, 01/15/28 (a) 150,000 145,488
4.50%, 07/30/29 (a) 100,000 97,619
2.75%, 12/15/29 (a) 150,000 131,511
4.70%, 07/01/30 (a) 250,000 246,932
4.90%, 12/15/30 (a) 250,000 248,360
3.38%, 08/15/31 (a) 230,000 203,488
2.00%, 05/18/32 (a) 200,000 158,054
1.88%, 02/01/33 (a) 250,000 188,370
2.95%, 03/15/34 (a) 250,000 208,245
4.85%, 04/15/49 (a) 100,000 93,618
4.00%, 02/01/50 (a) 250,000 208,640
3.00%, 05/18/51 (a) 200,000 136,292
3.55%, 03/15/52 (a) 250,000 189,135
 
51
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
American Assets Trust LP
3.38%, 02/01/31 (a) 150,000 128,178
American Campus Communities Operating Partnership LP
3.30%, 07/15/26 (a) 250,000 244,455
2.25%, 01/15/29 (a) 50,000 46,313
2.85%, 02/01/30 (a) 200,000 189,968
3.88%, 01/30/31 (a) 175,000 172,720
American Homes 4 Rent LP
4.25%, 02/15/28 (a) 190,000 181,613
4.90%, 02/15/29 (a) 100,000 97,831
2.38%, 07/15/31 (a) 200,000 160,056
3.63%, 04/15/32 (a) 150,000 131,378
3.38%, 07/15/51 (a) 100,000 69,150
4.30%, 04/15/52 (a) 100,000 80,805
AvalonBay Communities, Inc.
4.20%, 12/15/23 (a) 100,000 100,429
3.50%, 11/15/24 (a) 200,000 197,652
3.45%, 06/01/25 (a) 150,000 147,711
2.90%, 10/15/26 (a) 100,000 95,160
3.35%, 05/15/27 (a) 150,000 143,606
3.20%, 01/15/28 (a) 200,000 188,848
3.30%, 06/01/29 (a) 150,000 139,403
2.30%, 03/01/30 (a) 250,000 215,332
2.45%, 01/15/31 (a) 300,000 259,188
2.05%, 01/15/32 (a) 200,000 166,168
3.90%, 10/15/46 (a) 150,000 130,353
4.35%, 04/15/48 (a) 150,000 138,842
Boston Properties LP
3.13%, 09/01/23 (a) 350,000 347,249
3.80%, 02/01/24 (a) 100,000 99,679
3.20%, 01/15/25 (a) 375,000 365,902
3.65%, 02/01/26 (a) 200,000 194,392
2.75%, 10/01/26 (a) 150,000 139,908
4.50%, 12/01/28 (a) 300,000 291,990
3.40%, 06/21/29 (a) 350,000 313,932
2.90%, 03/15/30 (a) 200,000 169,830
3.25%, 01/30/31 (a) 433,000 372,086
2.55%, 04/01/32 (a) 150,000 119,286
2.45%, 10/01/33 (a) 300,000 230,163
Brandywine Operating Partnership LP
4.10%, 10/01/24 (a) 150,000 148,904
3.95%, 11/15/27 (a) 100,000 94,093
4.55%, 10/01/29 (a) 150,000 143,903
Brixmor Operating Partnership LP
3.85%, 02/01/25 (a) 250,000 246,317
4.13%, 06/15/26 (a) 50,000 48,987
3.90%, 03/15/27 (a) 150,000 144,044
4.13%, 05/15/29 (a) 250,000 233,007
4.05%, 07/01/30 (a) 350,000 315,612
2.50%, 08/16/31 (a) 225,000 177,199
Broadstone Net Lease LLC
2.60%, 09/15/31 (a) 150,000 122,523
Camden Property Trust
4.10%, 10/15/28 (a) 150,000 147,543
3.15%, 07/01/29 (a) 116,000 106,177
2.80%, 05/15/30 (a) 250,000 221,160
3.35%, 11/01/49 (a) 175,000 136,988
Corporate Office Properties LP
2.25%, 03/15/26 (a) 200,000 181,350
2.00%, 01/15/29 (a) 150,000 121,305
2.75%, 04/15/31 (a) 200,000 162,440
CubeSmart LP
4.00%, 11/15/25 (a) 250,000 247,357
3.13%, 09/01/26 (a) 100,000 95,391
4.38%, 02/15/29 (a) 118,000 114,295
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.00%, 02/15/30 (a) 200,000 176,200
2.00%, 02/15/31 (a) 250,000 199,675
Digital Realty Trust LP
3.70%, 08/15/27 (a) 370,000 352,939
4.45%, 07/15/28 (a) 200,000 194,124
3.60%, 07/01/29 (a) 325,000 295,158
Duke Realty LP
3.25%, 06/30/26 (a) 50,000 48,225
2.88%, 11/15/29 (a) 150,000 135,257
1.75%, 07/01/30 (a) 250,000 204,842
2.25%, 01/15/32 (a) 150,000 124,958
3.05%, 03/01/50 (a) 200,000 148,832
EPR Properties
4.75%, 12/15/26 (a) 250,000 234,480
4.50%, 06/01/27 (a) 200,000 181,222
4.95%, 04/15/28 (a) 250,000 229,005
3.75%, 08/15/29 (a) 200,000 166,624
ERP Operating LP
3.38%, 06/01/25 (a) 200,000 195,914
2.85%, 11/01/26 (a) 250,000 237,235
3.25%, 08/01/27 (a) 150,000 142,295
3.50%, 03/01/28 (a) 200,000 190,670
4.15%, 12/01/28 (a) 50,000 49,075
3.00%, 07/01/29 (a) 200,000 181,502
2.50%, 02/15/30 (a) 200,000 175,174
4.50%, 07/01/44 (a) 150,000 143,190
4.50%, 06/01/45 (a) 200,000 189,384
Essential Properties LP
2.95%, 07/15/31 (a) 150,000 117,734
Essex Portfolio LP
3.88%, 05/01/24 (a) 150,000 149,769
3.50%, 04/01/25 (a) 300,000 294,573
3.63%, 05/01/27 (a) 150,000 145,394
4.00%, 03/01/29 (a) 250,000 239,237
3.00%, 01/15/30 (a) 150,000 133,182
1.65%, 01/15/31 (a) 150,000 117,543
2.65%, 03/15/32 (a) 200,000 166,186
4.50%, 03/15/48 (a) 114,000 103,074
Extra Space Storage LP
2.55%, 06/01/31 (a) 150,000 123,720
2.35%, 03/15/32 (a) 200,000 159,398
Federal Realty Investment Trust
3.95%, 01/15/24 (a) 250,000 249,597
1.25%, 02/15/26 (a) 150,000 134,360
3.25%, 07/15/27 (a) 200,000 188,084
3.20%, 06/15/29 (a) 100,000 90,275
4.50%, 12/01/44 (a) 250,000 223,097
Healthcare Realty Trust, Inc.
2.40%, 03/15/30 (a) 150,000 125,171
2.05%, 03/15/31 (a) 200,000 157,654
Healthcare Trust of America Holdings LP
3.50%, 08/01/26 (a) 300,000 285,861
3.75%, 07/01/27 (a) 250,000 237,557
2.00%, 03/15/31 (a) 250,000 194,157
Healthpeak Properties, Inc.
3.40%, 02/01/25 (a) 150,000 147,611
4.00%, 06/01/25 (a) 150,000 149,437
3.25%, 07/15/26 (a) 300,000 288,147
3.50%, 07/15/29 (a) 250,000 231,127
3.00%, 01/15/30 (a) 300,000 265,107
6.75%, 02/01/41 (a) 200,000 228,708
Highwoods Realty LP
4.20%, 04/15/29 (a) 300,000 281,187
3.05%, 02/15/30 (a) 150,000 130,485
2.60%, 02/01/31 (a) 150,000 124,008
 
52
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Host Hotels & Resorts LP
3.88%, 04/01/24 (a) 175,000 173,782
4.00%, 06/15/25 (a) 100,000 97,911
4.50%, 02/01/26 (a) 150,000 147,795
3.38%, 12/15/29 (a) 200,000 169,342
3.50%, 09/15/30 (a) 375,000 320,464
Hudson Pacific Properties LP
3.95%, 11/01/27 (a) 150,000 143,217
4.65%, 04/01/29 (a) 150,000 144,903
3.25%, 01/15/30 (a) 150,000 130,826
Invitation Homes Operating Partnership LP
2.30%, 11/15/28 (a) 250,000 210,827
2.00%, 08/15/31 (a) 200,000 154,178
4.15%, 04/15/32 (a) 100,000 90,884
2.70%, 01/15/34 (a) 150,000 115,577
Kilroy Realty LP
4.38%, 10/01/25 (a) 150,000 148,344
4.75%, 12/15/28 (a) 150,000 147,635
4.25%, 08/15/29 (a) 200,000 189,048
3.05%, 02/15/30 (a) 200,000 171,400
2.50%, 11/15/32 (a) 250,000 195,642
Kimco Realty Corp.
2.80%, 10/01/26 (a) 450,000 422,235
1.90%, 03/01/28 (a) 250,000 216,705
2.70%, 10/01/30 (a) 300,000 258,708
4.25%, 04/01/45 (a) 150,000 126,600
4.45%, 09/01/47 (a) 200,000 175,398
3.70%, 10/01/49 (a) 150,000 117,089
Kite Realty Group LP
4.00%, 10/01/26 (a) 100,000 96,028
Lexington Realty Trust
2.70%, 09/15/30 (a) 250,000 206,270
Life Storage LP
3.88%, 12/15/27 (a) 350,000 334,607
4.00%, 06/15/29 (a) 150,000 137,844
2.20%, 10/15/30 (a) 300,000 241,044
Mid-America Apartments LP
3.75%, 06/15/24 (a) 250,000 249,255
4.00%, 11/15/25 (a) 150,000 149,211
3.60%, 06/01/27 (a) 60,000 57,850
4.20%, 06/15/28 (a) 200,000 195,830
3.95%, 03/15/29 (a) 50,000 47,890
2.75%, 03/15/30 (a) 100,000 87,368
1.70%, 02/15/31 (a) 250,000 198,430
2.88%, 09/15/51 (a) 150,000 104,570
National Health Investors, Inc.
3.00%, 02/01/31 (a) 175,000 135,644
National Retail Properties, Inc.
3.90%, 06/15/24 (a) 100,000 99,834
3.60%, 12/15/26 (a) 150,000 144,692
3.50%, 10/15/27 (a) 125,000 117,176
4.30%, 10/15/28 (a) 200,000 194,502
2.50%, 04/15/30 (a) 100,000 85,212
4.80%, 10/15/48 (a) 135,000 125,920
3.10%, 04/15/50 (a) 150,000 104,466
3.00%, 04/15/52 (a) 200,000 138,120
Office Properties Income Trust
4.25%, 05/15/24 (a) 150,000 145,962
4.50%, 02/01/25 (a) 167,000 160,185
2.65%, 06/15/26 (a) 200,000 170,242
3.45%, 10/15/31 (a) 150,000 111,905
Omega Healthcare Investors, Inc.
4.95%, 04/01/24 (a) 500,000 502,065
4.50%, 01/15/25 (a) 50,000 49,503
5.25%, 01/15/26 (a) 100,000 99,122
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.50%, 04/01/27 (a) 100,000 95,220
4.75%, 01/15/28 (a) 93,000 88,400
3.63%, 10/01/29 (a) 150,000 126,908
3.38%, 02/01/31 (a) 250,000 203,137
3.25%, 04/15/33 (a) 300,000 227,301
Physicians Realty LP
4.30%, 03/15/27 (a) 300,000 294,612
Piedmont Operating Partnership LP
3.15%, 08/15/30 (a) 200,000 166,282
2.75%, 04/01/32 (a) 100,000 77,328
Prologis LP
3.25%, 10/01/26 (a) 150,000 146,042
4.38%, 02/01/29 (a) 25,000 25,001
2.25%, 04/15/30 (a) 350,000 303,096
1.25%, 10/15/30 (a) 350,000 278,939
1.63%, 03/15/31 (a) 200,000 161,894
3.00%, 04/15/50 (a) 300,000 228,054
2.13%, 10/15/50 (a) 300,000 191,721
Public Storage
0.88%, 02/15/26 (a) 200,000 178,768
1.50%, 11/09/26 (a) 150,000 135,591
3.09%, 09/15/27 (a) 250,000 237,507
3.39%, 05/01/29 (a) 300,000 279,279
2.30%, 05/01/31 (a) 250,000 210,582
2.25%, 11/09/31 (a) 200,000 165,960
Realty Income Corp.
4.60%, 02/06/24 (a) 200,000 201,922
3.88%, 07/15/24 (a) 300,000 300,306
4.63%, 11/01/25 (a) 250,000 253,675
0.75%, 03/15/26 (a) 150,000 132,270
4.13%, 10/15/26 (a) 50,000 49,810
3.00%, 01/15/27 (a) 300,000 284,589
3.95%, 08/15/27 (a) 300,000 293,748
3.40%, 01/15/28 (a) 150,000 142,001
3.65%, 01/15/28 (a) 300,000 288,546
3.10%, 12/15/29 (a) 100,000 91,107
3.25%, 01/15/31 (a) 400,000 365,104
2.85%, 12/15/32 (a) 200,000 171,684
4.65%, 03/15/47 (a) 200,000 194,944
Regency Centers LP
3.60%, 02/01/27 (a) 250,000 242,607
4.13%, 03/15/28 (a) 200,000 192,884
2.95%, 09/15/29 (a) 150,000 132,168
3.70%, 06/15/30 (a) 50,000 45,425
4.40%, 02/01/47 (a) 175,000 154,553
4.65%, 03/15/49 (a) 50,000 45,001
Retail Properties of America, Inc.
4.75%, 09/15/30 (a) 150,000 139,979
Rexford Industrial Realty LP
2.15%, 09/01/31 (a) 350,000 275,166
Sabra Health Care LP
5.13%, 08/15/26 (a) 200,000 194,484
3.90%, 10/15/29 (a) 125,000 110,525
3.20%, 12/01/31 (a) 250,000 198,752
Safehold Operating Partnership LP
2.80%, 06/15/31 (a) 150,000 121,836
Simon Property Group LP
3.75%, 02/01/24 (a) 350,000 349,559
2.00%, 09/13/24 (a) 175,000 167,596
3.38%, 10/01/24 (a) 100,000 99,099
3.50%, 09/01/25 (a) 300,000 293,238
3.30%, 01/15/26 (a) 300,000 290,406
3.25%, 11/30/26 (a) 200,000 191,192
3.38%, 06/15/27 (a) 350,000 332,419
3.38%, 12/01/27 (a) 100,000 94,036
 
53
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.75%, 02/01/28 (a) 350,000 299,050
2.45%, 09/13/29 (a) 550,000 467,203
2.65%, 07/15/30 (a) 100,000 84,935
2.20%, 02/01/31 (a) 100,000 81,268
6.75%, 02/01/40 (a) 270,000 306,061
4.75%, 03/15/42 (a) 250,000 230,705
4.25%, 10/01/44 (a) 200,000 170,882
4.25%, 11/30/46 (a) 100,000 86,266
3.25%, 09/13/49 (a) 450,000 328,432
3.80%, 07/15/50 (a) 300,000 241,476
SITE Centers Corp.
3.63%, 02/01/25 (a) 150,000 145,947
4.25%, 02/01/26 (a) 200,000 196,284
4.70%, 06/01/27 (a) 154,000 151,550
Spirit Realty LP
4.45%, 09/15/26 (a) 60,000 59,213
3.20%, 01/15/27 (a) 200,000 184,098
3.40%, 01/15/30 (a) 250,000 216,255
3.20%, 02/15/31 (a) 250,000 209,310
STORE Capital Corp.
4.50%, 03/15/28 (a) 85,000 83,213
4.63%, 03/15/29 (a) 150,000 146,913
2.75%, 11/18/30 (a) 150,000 123,528
Sun Communities Operating LP
2.30%, 11/01/28 (a) 150,000 128,505
2.70%, 07/15/31 (a) 200,000 161,274
Tanger Properties LP
3.13%, 09/01/26 (a) 150,000 141,170
3.88%, 07/15/27 (a) 150,000 142,082
UDR, Inc.
2.95%, 09/01/26 (a) 150,000 141,339
3.50%, 01/15/28 (a) 145,000 136,868
4.40%, 01/26/29 (a) 300,000 293,490
3.00%, 08/15/31 (a) 400,000 342,500
2.10%, 08/01/32 (a) 100,000 78,217
Ventas Realty LP
3.50%, 04/15/24 (a) 100,000 99,018
3.75%, 05/01/24 (a) 150,000 149,143
2.65%, 01/15/25 (a) 150,000 143,708
3.50%, 02/01/25 (a) 250,000 244,327
4.13%, 01/15/26 (a) 150,000 148,493
3.25%, 10/15/26 (a) 250,000 236,530
4.00%, 03/01/28 (a) 300,000 287,376
4.40%, 01/15/29 (a) 250,000 240,552
4.75%, 11/15/30 (a) 300,000 293,262
5.70%, 09/30/43 (a) 150,000 153,460
4.88%, 04/15/49 (a) 150,000 139,916
Vornado Realty LP
3.50%, 01/15/25 (a) 150,000 145,601
2.15%, 06/01/26 (a) 150,000 133,716
Welltower, Inc.
4.50%, 01/15/24 (a) 300,000 302,181
3.63%, 03/15/24 (a) 300,000 297,777
4.00%, 06/01/25 (a) 200,000 198,946
4.25%, 04/01/26 (a) 400,000 396,496
2.70%, 02/15/27 (a) 100,000 92,555
4.13%, 03/15/29 (a) 400,000 379,276
3.10%, 01/15/30 (a) 150,000 132,438
2.75%, 01/15/31 (a) 300,000 253,563
6.50%, 03/15/41 (a) 300,000 337,032
4.95%, 09/01/48 (a) 200,000 190,444
WP Carey, Inc.
4.60%, 04/01/24 (a) 85,000 85,577
4.00%, 02/01/25 (a) 400,000 398,884
3.85%, 07/15/29 (a) 100,000 93,440
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.40%, 02/01/31 (a) 200,000 163,730
2.25%, 04/01/33 (a) 150,000 115,763
    51,927,077
    586,779,398
 
Industrial 13.9%
Basic Industry 0.6%
Air Products and Chemicals, Inc.
3.35%, 07/31/24 (a) 20,000 19,961
1.50%, 10/15/25 (a) 250,000 235,627
1.85%, 05/15/27 (a) 300,000 273,606
2.05%, 05/15/30 (a) 250,000 216,718
2.70%, 05/15/40 (a) 300,000 238,971
2.80%, 05/15/50 (a) 250,000 188,933
Albemarle Corp.
5.45%, 12/01/44 (a) 100,000 97,549
AngloGold Ashanti Holdings PLC
3.75%, 10/01/30 (a) 500,000 416,250
ArcelorMittal S.A.
4.25%, 07/16/29 200,000 190,108
7.00%, 10/15/39 350,000 359,285
Barrick Gold Corp.
5.25%, 04/01/42 100,000 98,917
Barrick North America Finance LLC
5.70%, 05/30/41 450,000 466,096
5.75%, 05/01/43 200,000 208,752
Barrick PD Australia Finance Pty Ltd.
5.95%, 10/15/39 400,000 424,684
BHP Billiton Finance USA Ltd.
3.85%, 09/30/23 200,000 201,544
6.42%, 03/01/26 100,000 108,489
4.13%, 02/24/42 275,000 256,226
5.00%, 09/30/43 850,000 875,245
Braskem Finance Ltd.
6.45%, 02/03/24 200,000 206,064
Cabot Corp.
4.00%, 07/01/29 (a) 150,000 139,478
Celanese US Holdings LLC
3.50%, 05/08/24 (a) 100,000 98,760
1.40%, 08/05/26 (a) 150,000 129,222
Celulosa Arauco y Constitucion S.A.
4.50%, 08/01/24 (a) 200,000 199,336
3.88%, 11/02/27 (a) 200,000 184,706
5.50%, 11/02/47 (a) 200,000 167,260
CF Industries, Inc.
5.15%, 03/15/34 350,000 342,856
5.38%, 03/15/44 300,000 280,602
Dow Chemical Co.
4.80%, 11/30/28 (a) 50,000 50,274
7.38%, 11/01/29 450,000 520,069
2.10%, 11/15/30 (a) 250,000 206,415
4.25%, 10/01/34 (a) 300,000 285,186
5.25%, 11/15/41 (a) 300,000 297,312
4.38%, 11/15/42 (a) 450,000 396,765
4.63%, 10/01/44 (a) 150,000 136,508
5.55%, 11/30/48 (a) 350,000 355,425
4.80%, 05/15/49 (a) 300,000 275,382
3.60%, 11/15/50 (a) 250,000 191,198
DuPont de Nemours, Inc.
4.21%, 11/15/23 (a) 800,000 804,992
4.49%, 11/15/25 (a) 625,000 629,787
4.73%, 11/15/28 (a) 750,000 753,457
 
54
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
5.32%, 11/15/38 (a) 500,000 495,630
5.42%, 11/15/48 (a) 655,000 651,620
Eastman Chemical Co.
3.80%, 03/15/25 (a) 250,000 247,250
4.80%, 09/01/42 (a) 250,000 225,892
4.65%, 10/15/44 (a) 220,000 190,958
Ecolab, Inc.
2.70%, 11/01/26 (a) 300,000 288,249
3.25%, 12/01/27 (a) 450,000 438,759
4.80%, 03/24/30 (a) 50,000 51,878
1.30%, 01/30/31 (a) 300,000 240,951
2.13%, 02/01/32 (a) 250,000 211,188
2.13%, 08/15/50 (a) 250,000 161,315
2.70%, 12/15/51 (a) 250,000 179,258
2.75%, 08/18/55 (a) 264,000 185,405
EI du Pont de Nemours and Co.
1.70%, 07/15/25 (a) 200,000 187,814
2.30%, 07/15/30 (a) 150,000 130,145
Fibria Overseas Finance Ltd.
4.00%, 01/14/25 (a) 100,000 99,286
5.50%, 01/17/27 250,000 248,087
FMC Corp.
3.20%, 10/01/26 (a) 150,000 142,928
3.45%, 10/01/29 (a) 200,000 182,002
4.50%, 10/01/49 (a) 250,000 214,735
Freeport-McMoRan, Inc.
5.00%, 09/01/27 (a) 500,000 496,540
4.13%, 03/01/28 (a) 300,000 278,637
4.63%, 08/01/30 (a) 550,000 510,433
5.40%, 11/14/34 (a) 300,000 293,337
5.45%, 03/15/43 (a) 500,000 463,210
Georgia-Pacific LLC
8.00%, 01/15/24 300,000 318,249
7.75%, 11/15/29 250,000 301,665
Huntsman International LLC
4.50%, 05/01/29 (a) 300,000 282,807
2.95%, 06/15/31 (a) 150,000 124,653
International Flavors & Fragrances, Inc.
4.45%, 09/26/28 (a) 250,000 244,580
4.38%, 06/01/47 (a) 50,000 42,926
5.00%, 09/26/48 (a) 300,000 280,767
International Paper Co.
7.30%, 11/15/39 200,000 234,350
6.00%, 11/15/41 (a) 200,000 208,472
4.80%, 06/15/44 (a) 250,000 232,615
5.15%, 05/15/46 (a) 200,000 198,200
4.40%, 08/15/47 (a) 200,000 178,710
4.35%, 08/15/48 (a) 250,000 222,340
Kinross Gold Corp.
5.95%, 03/15/24 (a) 250,000 256,052
4.50%, 07/15/27 (a) 150,000 146,237
Linde, Inc.
2.65%, 02/05/25 (a) 200,000 196,810
3.20%, 01/30/26 (a) 350,000 348,680
1.10%, 08/10/30 (a) 200,000 160,460
3.55%, 11/07/42 (a) 150,000 130,254
2.00%, 08/10/50 (a) 100,000 63,446
Lubrizol Corp.
6.50%, 10/01/34 96,000 114,280
LYB International Finance BV
4.00%, 07/15/23 148,000 147,851
5.25%, 07/15/43 250,000 234,045
4.88%, 03/15/44 (a) 250,000 226,365
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
LYB International Finance II BV
3.50%, 03/02/27 (a) 200,000 191,582
LYB International Finance III LLC
2.25%, 10/01/30 (a) 200,000 165,144
3.38%, 10/01/40 (a) 250,000 192,368
4.20%, 10/15/49 (a) 350,000 285,918
4.20%, 05/01/50 (a) 300,000 244,683
3.63%, 04/01/51 (a) 250,000 185,095
3.80%, 10/01/60 (a) 175,000 124,744
LyondellBasell Industries NV
5.75%, 04/15/24 (a) 250,000 255,835
4.63%, 02/26/55 (a) 350,000 299,600
Mosaic Co.
4.25%, 11/15/23 (a) 100,000 100,713
4.05%, 11/15/27 (a) 250,000 244,685
5.45%, 11/15/33 (a) 150,000 155,840
4.88%, 11/15/41 (a) 150,000 137,381
5.63%, 11/15/43 (a) 200,000 205,976
NewMarket Corp.
2.70%, 03/18/31 (a) 200,000 165,342
Newmont Corp.
2.80%, 10/01/29 (a) 250,000 221,665
2.25%, 10/01/30 (a) 350,000 291,364
5.88%, 04/01/35 250,000 264,455
6.25%, 10/01/39 325,000 357,861
4.88%, 03/15/42 (a) 350,000 336,780
5.45%, 06/09/44 (a) 175,000 176,761
Nucor Corp.
2.00%, 06/01/25 (a) 150,000 141,525
3.95%, 05/01/28 (a) 200,000 194,330
2.70%, 06/01/30 (a) 250,000 217,028
6.40%, 12/01/37 100,000 113,138
2.98%, 12/15/55 (a) 400,000 271,644
Nutrien Ltd.
3.00%, 04/01/25 (a) 100,000 97,731
4.20%, 04/01/29 (a) 250,000 243,150
4.13%, 03/15/35 (a) 300,000 278,895
5.88%, 12/01/36 100,000 111,205
5.63%, 12/01/40 50,000 52,251
6.13%, 01/15/41 (a) 200,000 219,946
4.90%, 06/01/43 (a) 200,000 194,596
5.25%, 01/15/45 (a) 225,000 225,670
5.00%, 04/01/49 (a) 50,000 49,798
3.95%, 05/13/50 (a) 300,000 259,548
Packaging Corp. of America
3.65%, 09/15/24 (a) 200,000 198,774
3.40%, 12/15/27 (a) 200,000 192,592
4.05%, 12/15/49 (a) 150,000 124,457
3.05%, 10/01/51 (a) 200,000 142,276
PPG Industries, Inc.
2.40%, 08/15/24 (a) 100,000 97,402
3.75%, 03/15/28 (a) 300,000 294,072
2.80%, 08/15/29 (a) 150,000 136,268
2.55%, 06/15/30 (a) 100,000 88,286
Reliance Steel & Aluminum Co.
1.30%, 08/15/25 (a) 75,000 68,313
2.15%, 08/15/30 (a) 250,000 202,580
Rio Tinto Alcan, Inc.
7.25%, 03/15/31 281,000 335,553
6.13%, 12/15/33 50,000 56,955
5.75%, 06/01/35 50,000 55,113
Rio Tinto Finance USA Ltd.
7.13%, 07/15/28 250,000 288,100
5.20%, 11/02/40 350,000 365,144
2.75%, 11/02/51 (a) 200,000 145,484
 
55
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Rio Tinto Finance USA PLC
4.75%, 03/22/42 (a) 400,000 399,740
4.13%, 08/21/42 (a) 150,000 138,831
RPM International, Inc.
3.75%, 03/15/27 (a) 250,000 240,312
4.25%, 01/15/48 (a) 250,000 214,715
Sherwin-Williams Co.
3.13%, 06/01/24 (a) 250,000 248,192
3.45%, 08/01/25 (a) 100,000 98,543
3.45%, 06/01/27 (a) 650,000 620,893
2.95%, 08/15/29 (a) 300,000 268,770
2.30%, 05/15/30 (a) 200,000 168,856
4.55%, 08/01/45 (a) 150,000 132,537
4.50%, 06/01/47 (a) 500,000 443,290
3.80%, 08/15/49 (a) 200,000 160,936
3.30%, 05/15/50 (a) 200,000 148,440
Southern Copper Corp.
3.88%, 04/23/25 200,000 198,212
7.50%, 07/27/35 350,000 415,555
6.75%, 04/16/40 450,000 507,928
5.25%, 11/08/42 300,000 292,275
5.88%, 04/23/45 345,000 358,969
Steel Dynamics, Inc.
2.40%, 06/15/25 (a) 150,000 142,119
5.00%, 12/15/26 (a) 150,000 148,622
1.65%, 10/15/27 (a) 100,000 85,881
3.45%, 04/15/30 (a) 250,000 222,825
3.25%, 01/15/31 (a) 200,000 174,048
3.25%, 10/15/50 (a) 150,000 104,207
Suzano Austria GmbH
6.00%, 01/15/29 (a) 550,000 543,306
5.00%, 01/15/30 (a) 500,000 455,750
3.75%, 01/15/31 (a) 250,000 202,165
3.13%, 01/15/32 (a) 350,000 264,169
Teck Resources Ltd.
3.90%, 07/15/30 (a) 250,000 230,080
6.00%, 08/15/40 (a) 190,000 190,397
5.40%, 02/01/43 (a) 100,000 93,960
Vale Overseas Ltd.
6.25%, 08/10/26 550,000 574,997
3.75%, 07/08/30 (a) 500,000 437,795
6.88%, 11/21/36 523,000 561,101
6.88%, 11/10/39 375,000 400,436
Westlake Chemical Corp.
3.60%, 08/15/26 (a) 250,000 243,647
3.38%, 06/15/30 (a) 150,000 135,206
2.88%, 08/15/41 (a) 75,000 53,295
5.00%, 08/15/46 (a) 225,000 213,235
4.38%, 11/15/47 (a) 180,000 155,563
3.13%, 08/15/51 (a) 200,000 139,726
3.38%, 08/15/61 (a) 200,000 135,830
WestRock MWV LLC
8.20%, 01/15/30 40,000 47,553
Weyerhaeuser Co.
6.95%, 10/01/27 200,000 221,824
4.00%, 11/15/29 (a) 175,000 166,061
7.38%, 03/15/32 450,000 521,208
WRKCo, Inc.
3.00%, 09/15/24 (a) 250,000 244,095
3.75%, 03/15/25 (a) 200,000 198,114
4.65%, 03/15/26 (a) 350,000 352,271
3.90%, 06/01/28 (a) 250,000 241,807
4.90%, 03/15/29 (a) 300,000 302,145
4.20%, 06/01/32 (a) 250,000 237,072
3.00%, 06/15/33 (a) 250,000 211,353
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Yamana Gold, Inc.
2.63%, 08/15/31 (a)(c) 150,000 120,951
    47,133,760
Capital Goods 1.3%
3M Co.
3.25%, 02/14/24 (a) 250,000 250,352
2.00%, 02/14/25 (a) 450,000 433,552
2.65%, 04/15/25 (a) 200,000 195,436
3.00%, 08/07/25 100,000 98,505
2.25%, 09/19/26 (a) 100,000 94,593
2.88%, 10/15/27 (a) 300,000 288,513
3.38%, 03/01/29 (a) 150,000 144,420
2.38%, 08/26/29 (a) 350,000 313,607
3.05%, 04/15/30 (a) 200,000 186,008
3.13%, 09/19/46 (a) 200,000 158,000
3.63%, 10/15/47 (a) 250,000 214,228
4.00%, 09/14/48 (a) 450,000 407,925
3.25%, 08/26/49 (a) 300,000 239,694
3.70%, 04/15/50 (a)(e) 250,000 216,020
ABB Finance USA, Inc.
3.80%, 04/03/28 (a) 200,000 196,446
Acuity Brands Lighting, Inc.
2.15%, 12/15/30 (a) 200,000 159,166
Allegion PLC
3.50%, 10/01/29 (a) 110,000 97,770
Allegion US Holding Co., Inc.
3.20%, 10/01/24 (a) 350,000 340,662
Amcor Finance USA, Inc.
3.63%, 04/28/26 (a) 80,000 76,926
4.50%, 05/15/28 (a) 300,000 295,590
Amcor Flexibles North America, Inc.
2.63%, 06/19/30 (a) 250,000 205,305
2.69%, 05/25/31 (a) 250,000 204,265
Amphenol Corp.
2.05%, 03/01/25 (a) 200,000 190,612
4.35%, 06/01/29 (a) 200,000 196,662
2.80%, 02/15/30 (a) 300,000 261,438
Avery Dennison Corp.
4.88%, 12/06/28 (a) 200,000 200,558
2.65%, 04/30/30 (a) 200,000 167,272
Berry Global, Inc.
0.95%, 02/15/24 (a) 150,000 142,145
1.57%, 01/15/26 (a) 600,000 535,944
1.65%, 01/15/27 (a) 100,000 87,401
Boeing Co.
1.95%, 02/01/24 350,000 338,250
1.43%, 02/04/24 (a) 900,000 861,426
2.80%, 03/01/24 (a) 150,000 147,221
2.85%, 10/30/24 (a) 100,000 97,373
4.88%, 05/01/25 (a) 1,100,000 1,096,238
2.60%, 10/30/25 (a) 100,000 93,548
2.75%, 02/01/26 (a) 500,000 464,670
2.20%, 02/04/26 (a) 1,750,000 1,580,092
3.10%, 05/01/26 (a) 200,000 187,232
2.25%, 06/15/26 (a) 50,000 45,157
2.70%, 02/01/27 (a) 300,000 267,084
2.80%, 03/01/27 (a) 100,000 89,762
5.04%, 05/01/27 (a) 650,000 642,395
3.25%, 03/01/28 (a) 100,000 90,007
3.45%, 11/01/28 (a) 150,000 134,117
3.20%, 03/01/29 (a) 350,000 303,891
2.95%, 02/01/30 (a) 250,000 207,833
5.15%, 05/01/30 (a) 1,400,000 1,344,042
3.63%, 02/01/31 (a) 500,000 432,920
 
56
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
6.13%, 02/15/33 150,000 153,561
3.60%, 05/01/34 (a) 250,000 200,115
3.25%, 02/01/35 (a) 250,000 190,655
3.55%, 03/01/38 (a) 150,000 110,160
3.50%, 03/01/39 (a) 150,000 108,999
6.88%, 03/15/39 100,000 104,590
5.88%, 02/15/40 150,000 141,594
5.71%, 05/01/40 (a) 900,000 842,823
3.65%, 03/01/47 (a) 100,000 68,376
3.63%, 03/01/48 (a) 100,000 67,465
3.85%, 11/01/48 (a) 150,000 107,204
3.90%, 05/01/49 (a) 150,000 107,336
3.75%, 02/01/50 (a) 425,000 300,003
5.81%, 05/01/50 (a) 1,700,000 1,567,536
3.83%, 03/01/59 (a) 100,000 65,081
3.95%, 08/01/59 (a) 340,000 230,000
5.93%, 05/01/60 (a) 1,100,000 1,014,321
Carlisle Cos., Inc.
0.55%, 09/01/23 (a) 100,000 96,590
3.50%, 12/01/24 (a) 400,000 395,256
2.75%, 03/01/30 (a) 250,000 210,233
Carrier Global Corp.
2.24%, 02/15/25 (a) 450,000 427,608
2.49%, 02/15/27 (a) 89,000 81,338
2.72%, 02/15/30 (a) 700,000 606,452
2.70%, 02/15/31 (a)(c) 250,000 211,970
3.38%, 04/05/40 (a) 500,000 392,980
3.58%, 04/05/50 (a)(c) 550,000 417,967
Caterpillar Financial Services Corp.
0.65%, 07/07/23 500,000 487,730
0.45%, 09/14/23 400,000 388,268
3.75%, 11/24/23 200,000 201,810
3.65%, 12/07/23 100,000 100,765
2.85%, 05/17/24 150,000 148,743
3.30%, 06/09/24 250,000 250,047
0.60%, 09/13/24 200,000 188,320
2.15%, 11/08/24 450,000 437,112
3.25%, 12/01/24 100,000 99,969
1.45%, 05/15/25 300,000 283,428
0.80%, 11/13/25 500,000 454,775
0.90%, 03/02/26 300,000 272,883
1.10%, 09/14/27 450,000 395,370
Caterpillar, Inc.
3.40%, 05/15/24 (a) 600,000 602,286
2.60%, 04/09/30 (a) 250,000 227,092
6.05%, 08/15/36 325,000 377,114
5.20%, 05/27/41 275,000 296,931
3.80%, 08/15/42 250,000 228,845
4.30%, 05/15/44 (a) 175,000 169,971
3.25%, 09/19/49 (a) 400,000 329,272
3.25%, 04/09/50 (a) 400,000 331,216
4.75%, 05/15/64 (a) 200,000 203,546
CNH Industrial Capital LLC
1.95%, 07/02/23 100,000 97,741
4.20%, 01/15/24 240,000 240,170
1.88%, 01/15/26 (a) 200,000 181,644
CNH Industrial NV
4.50%, 08/15/23 250,000 252,350
3.85%, 11/15/27 (a) 250,000 235,807
Crane Co.
4.20%, 03/15/48 (a) 150,000 122,705
Deere & Co.
2.75%, 04/15/25 (a) 500,000 489,530
5.38%, 10/16/29 250,000 271,782
3.10%, 04/15/30 (a) 350,000 327,393
7.13%, 03/03/31 150,000 181,350
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.90%, 06/09/42 (a) 250,000 235,370
2.88%, 09/07/49 (a) 200,000 157,672
3.75%, 04/15/50 (a) 300,000 274,821
Dover Corp.
2.95%, 11/04/29 (a) 150,000 136,725
5.38%, 10/15/35 100,000 103,742
5.38%, 03/01/41 (a) 150,000 152,273
Eagle Materials, Inc.
2.50%, 07/01/31 (a) 250,000 197,540
Eaton Corp.
4.00%, 11/02/32 200,000 194,530
4.15%, 11/02/42 350,000 315,353
Emerson Electric Co.
0.88%, 10/15/26 (a) 200,000 177,108
1.80%, 10/15/27 (a) 350,000 314,065
1.95%, 10/15/30 (a) 200,000 168,744
2.20%, 12/21/31 (a) 250,000 211,725
5.25%, 11/15/39 140,000 149,034
2.75%, 10/15/50 (a) 300,000 217,158
2.80%, 12/21/51 (a) 250,000 183,083
Flowserve Corp.
3.50%, 10/01/30 (a) 350,000 298,144
Fortive Corp.
3.15%, 06/15/26 (a) 250,000 236,912
4.30%, 06/15/46 (a) 250,000 219,045
Fortune Brands Home & Security, Inc.
4.00%, 09/21/23 (a) 200,000 200,774
4.00%, 06/15/25 (a) 250,000 247,000
3.25%, 09/15/29 (a) 200,000 173,116
GE Capital Funding LLC
4.55%, 05/15/32 (a) 250,000 241,167
GE Capital International Funding Co.
3.37%, 11/15/25 200,000 195,088
4.42%, 11/15/35 2,300,000 2,154,111
General Dynamics Corp.
1.88%, 08/15/23 (a) 200,000 197,478
2.38%, 11/15/24 (a) 100,000 97,454
3.25%, 04/01/25 (a) 250,000 248,142
3.50%, 05/15/25 (a) 250,000 249,490
2.13%, 08/15/26 (a) 250,000 234,867
3.50%, 04/01/27 (a) 250,000 245,980
2.63%, 11/15/27 (a) 150,000 140,511
3.75%, 05/15/28 (a) 400,000 394,208
3.63%, 04/01/30 (a) 350,000 339,349
2.25%, 06/01/31 (a) 200,000 174,644
4.25%, 04/01/40 (a) 300,000 287,322
3.60%, 11/15/42 (a) 150,000 129,935
4.25%, 04/01/50 (a) 175,000 168,312
General Electric Co.
6.75%, 03/15/32 808,000 904,322
5.88%, 01/14/38 100,000 104,387
6.88%, 01/10/39 100,000 113,819
4.35%, 05/01/50 (a) 175,000 152,464
Honeywell International, Inc.
3.35%, 12/01/23 100,000 100,340
2.30%, 08/15/24 (a) 250,000 245,580
1.35%, 06/01/25 (a) 400,000 377,356
2.50%, 11/01/26 (a) 550,000 525,866
1.10%, 03/01/27 (a) 250,000 222,488
2.70%, 08/15/29 (a) 250,000 230,032
1.95%, 06/01/30 (a) 500,000 430,160
1.75%, 09/01/31 (a) 500,000 414,270
5.70%, 03/15/37 200,000 227,666
3.81%, 11/21/47 (a) 200,000 182,738
2.80%, 06/01/50 (a)(e) 250,000 193,373
 
57
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Hubbell, Inc.
3.35%, 03/01/26 (a) 50,000 48,712
3.15%, 08/15/27 (a) 100,000 94,417
3.50%, 02/15/28 (a) 150,000 144,156
2.30%, 03/15/31 (a) 150,000 126,440
Huntington Ingalls Industries, Inc.
0.67%, 08/16/23 (a) 250,000 241,090
3.48%, 12/01/27 (a) 240,000 225,199
4.20%, 05/01/30 (a) 250,000 235,790
IDEX Corp.
3.00%, 05/01/30 (a) 350,000 305,564
Illinois Tool Works, Inc.
3.50%, 03/01/24 (a) 115,000 115,499
2.65%, 11/15/26 (a) 450,000 430,393
4.88%, 09/15/41 (a) 150,000 154,350
3.90%, 09/01/42 (a) 350,000 310,765
John Deere Capital Corp.
0.70%, 07/05/23 50,000 48,841
0.40%, 10/10/23 150,000 145,215
3.45%, 01/10/24 200,000 200,764
2.60%, 03/07/24 500,000 494,935
2.65%, 06/24/24 475,000 470,616
2.05%, 01/09/25 250,000 242,247
2.13%, 03/07/25 250,000 241,672
3.45%, 03/13/25 75,000 75,177
3.40%, 06/06/25 250,000 249,275
3.40%, 09/11/25 200,000 199,528
0.70%, 01/15/26 200,000 180,952
2.65%, 06/10/26 200,000 192,744
1.05%, 06/17/26 250,000 226,535
2.25%, 09/14/26 400,000 376,844
1.75%, 03/09/27 150,000 136,979
2.80%, 09/08/27 350,000 334,113
3.05%, 01/06/28 50,000 48,006
3.45%, 03/07/29 200,000 193,560
2.80%, 07/18/29 400,000 368,696
2.45%, 01/09/30 200,000 179,628
2.00%, 06/17/31 200,000 170,216
Johnson Controls International plc
3.63%, 07/02/24 (a) 150,000 148,835
3.90%, 02/14/26 (a) 183,000 182,228
1.75%, 09/15/30 (a) 150,000 122,393
6.00%, 01/15/36 382,000 416,743
4.63%, 07/02/44 (a) 200,000 180,612
5.13%, 09/14/45 (a) 174,000 168,663
4.50%, 02/15/47 (a) 50,000 43,890
Kennametal, Inc.
4.63%, 06/15/28 (a) 300,000 293,031
L3Harris Technologies, Inc.
3.95%, 05/28/24 (a) 100,000 100,465
3.83%, 04/27/25 (a) 200,000 197,948
3.85%, 12/15/26 (a) 200,000 196,378
4.40%, 06/15/28 (a) 545,000 536,040
2.90%, 12/15/29 (a) 150,000 134,283
1.80%, 01/15/31 (a) 200,000 159,650
4.85%, 04/27/35 (a) 200,000 198,084
6.15%, 12/15/40 50,000 55,293
5.05%, 04/27/45 (a) 100,000 97,628
Lafarge S.A.
7.13%, 07/15/36 150,000 178,098
Leggett & Platt, Inc.
3.50%, 11/15/27 (a) 200,000 189,650
4.40%, 03/15/29 (a) 226,000 219,842
3.50%, 11/15/51 (a) 150,000 113,910
Legrand France S.A.
8.50%, 02/15/25 200,000 221,434
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Lennox International, Inc.
1.35%, 08/01/25 (a) 100,000 91,779
1.70%, 08/01/27 (a) 300,000 262,770
Lockheed Martin Corp.
3.55%, 01/15/26 (a) 225,000 225,423
1.85%, 06/15/30 (a) 300,000 256,251
3.60%, 03/01/35 (a) 100,000 92,421
4.50%, 05/15/36 (a) 100,000 100,052
6.15%, 09/01/36 300,000 347,988
5.72%, 06/01/40 165,000 183,332
4.07%, 12/15/42 450,000 418,144
3.80%, 03/01/45 (a) 350,000 309,561
4.70%, 05/15/46 (a) 350,000 354,746
2.80%, 06/15/50 (a) 250,000 187,350
4.09%, 09/15/52 (a) 525,000 490,733
4.15%, 06/15/53 (a) 200,000 187,548
4.30%, 06/15/62 (a) 200,000 188,908
Martin Marietta Materials, Inc.
0.65%, 07/15/23 (a) 250,000 241,595
4.25%, 07/02/24 (a) 100,000 100,599
3.45%, 06/01/27 (a) 25,000 23,875
3.50%, 12/15/27 (a) 150,000 141,954
2.50%, 03/15/30 (a) 200,000 168,846
2.40%, 07/15/31 (a) 400,000 327,060
4.25%, 12/15/47 (a) 300,000 250,959
Masco Corp.
2.00%, 10/01/30 (a) 350,000 277,368
4.50%, 05/15/47 (a) 300,000 256,968
Mohawk Industries, Inc.
3.63%, 05/15/30 (a) 200,000 179,154
Northrop Grumman Corp.
3.25%, 08/01/23 250,000 250,010
2.93%, 01/15/25 (a) 550,000 538,686
3.20%, 02/01/27 (a) 300,000 288,513
3.25%, 01/15/28 (a) 450,000 427,698
4.40%, 05/01/30 (a) 300,000 300,003
5.15%, 05/01/40 (a) 100,000 101,492
5.05%, 11/15/40 150,000 150,641
4.75%, 06/01/43 300,000 288,099
3.85%, 04/15/45 (a) 200,000 169,460
4.03%, 10/15/47 (a) 700,000 622,958
5.25%, 05/01/50 (a) 300,000 318,306
nVent Finance Sarl
4.55%, 04/15/28 (a) 200,000 193,736
2.75%, 11/15/31 (a) 100,000 81,277
Oshkosh Corp.
3.10%, 03/01/30 (a) 150,000 128,829
Otis Worldwide Corp.
2.06%, 04/05/25 (a) 500,000 473,555
2.29%, 04/05/27 (a) 200,000 181,742
2.57%, 02/15/30 (a) 500,000 432,715
3.11%, 02/15/40 (a) 50,000 38,850
3.36%, 02/15/50 (a) 300,000 226,920
Owens Corning
3.40%, 08/15/26 (a) 225,000 214,893
3.95%, 08/15/29 (a) 150,000 139,184
3.88%, 06/01/30 (a) 100,000 91,640
7.00%, 12/01/36 145,000 159,944
4.30%, 07/15/47 (a) 200,000 164,252
4.40%, 01/30/48 (a) 150,000 124,374
Parker-Hannifin Corp.
2.70%, 06/14/24 (a) 200,000 195,604
3.65%, 06/15/24 400,000 397,468
3.25%, 03/01/27 (a) 100,000 95,565
4.25%, 09/15/27 (a) 400,000 398,024
3.25%, 06/14/29 (a) 370,000 338,702
 
58
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.20%, 11/21/34 (a) 150,000 140,145
6.25%, 05/15/38 150,000 164,489
4.45%, 11/21/44 (a) 200,000 179,680
4.10%, 03/01/47 (a) 150,000 128,325
4.00%, 06/14/49 (a) 250,000 211,808
Pentair Finance Sarl
4.50%, 07/01/29 (a) 150,000 143,871
Precision Castparts Corp.
3.25%, 06/15/25 (a) 200,000 199,362
3.90%, 01/15/43 (a) 250,000 222,502
4.38%, 06/15/45 (a) 139,000 133,297
Raytheon Technologies Corp.
3.70%, 12/15/23 (a) 200,000 200,902
3.20%, 03/15/24 (a) 250,000 249,487
3.95%, 08/16/25 (a) 500,000 502,330
2.65%, 11/01/26 (a) 250,000 239,187
3.50%, 03/15/27 (a) 200,000 195,524
3.13%, 05/04/27 (a) 350,000 335,205
4.13%, 11/16/28 (a) 900,000 889,596
7.50%, 09/15/29 250,000 297,392
2.25%, 07/01/30 (a) 450,000 388,399
1.90%, 09/01/31 (a) 350,000 287,199
5.40%, 05/01/35 250,000 266,082
6.05%, 06/01/36 100,000 113,244
6.13%, 07/15/38 200,000 226,230
4.45%, 11/16/38 (a) 300,000 288,738
5.70%, 04/15/40 200,000 217,740
4.88%, 10/15/40 (c) 150,000 149,175
4.70%, 12/15/41 200,000 192,818
4.50%, 06/01/42 1,000,000 953,880
4.80%, 12/15/43 (a) 165,000 162,989
4.15%, 05/15/45 (a) 425,000 379,601
3.75%, 11/01/46 (a) 350,000 298,266
4.35%, 04/15/47 (a) 350,000 324,992
4.05%, 05/04/47 (a) 250,000 222,615
4.63%, 11/16/48 (a) 350,000 342,195
3.13%, 07/01/50 (a) 300,000 231,003
2.82%, 09/01/51 (a) 350,000 251,107
Republic Services, Inc.
2.50%, 08/15/24 (a) 350,000 339,416
0.88%, 11/15/25 (a) 150,000 135,534
2.90%, 07/01/26 (a) 200,000 191,180
3.38%, 11/15/27 (a) 600,000 573,546
3.95%, 05/15/28 (a) 75,000 73,821
2.30%, 03/01/30 (a) 250,000 214,740
1.45%, 02/15/31 (a) 250,000 196,685
1.75%, 02/15/32 (a) 250,000 197,228
6.20%, 03/01/40 100,000 111,424
3.05%, 03/01/50 (a) 150,000 111,854
Rockwell Automation, Inc.
3.50%, 03/01/29 (a) 100,000 96,350
1.75%, 08/15/31 (a) 200,000 163,926
4.20%, 03/01/49 (a) 250,000 231,840
2.80%, 08/15/61 (a) 150,000 99,423
Roper Technologies, Inc.
2.35%, 09/15/24 (a) 150,000 145,604
1.00%, 09/15/25 (a) 250,000 226,185
3.85%, 12/15/25 (a) 300,000 298,314
3.80%, 12/15/26 (a) 150,000 146,934
1.40%, 09/15/27 (a) 350,000 300,104
4.20%, 09/15/28 (a) 50,000 49,059
2.95%, 09/15/29 (a) 400,000 353,156
2.00%, 06/30/30 (a) 250,000 202,328
1.75%, 02/15/31 (a) 250,000 195,093
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Snap-on, Inc.
4.10%, 03/01/48 (a) 100,000 91,557
3.10%, 05/01/50 (a) 200,000 157,714
Sonoco Products Co.
1.80%, 02/01/25 (a) 125,000 117,233
3.13%, 05/01/30 (a) 400,000 350,628
2.85%, 02/01/32 (a) 100,000 83,673
5.75%, 11/01/40 (a) 130,000 133,228
Stanley Black & Decker, Inc.
2.30%, 02/24/25 (a) 150,000 145,409
3.40%, 03/01/26 (a) 100,000 98,461
4.25%, 11/15/28 (a) 150,000 150,201
2.30%, 03/15/30 (a) 350,000 301,049
5.20%, 09/01/40 109,000 111,472
4.85%, 11/15/48 (a) 200,000 200,610
2.75%, 11/15/50 (a) 250,000 172,785
4.00%, 03/15/60 (a)(b) 350,000 305,795
Teledyne Technologies, Inc.
1.60%, 04/01/26 (a) 250,000 224,512
2.75%, 04/01/31 (a) 375,000 313,774
Textron, Inc.
4.30%, 03/01/24 (a) 100,000 100,523
3.88%, 03/01/25 (a) 100,000 99,563
4.00%, 03/15/26 (a) 150,000 148,458
3.65%, 03/15/27 (a) 200,000 193,858
3.38%, 03/01/28 (a) 100,000 94,897
3.90%, 09/17/29 (a) 200,000 188,970
2.45%, 03/15/31 (a) 150,000 123,410
Timken Co.
3.88%, 09/01/24 (a) 150,000 148,806
4.50%, 12/15/28 (a) 150,000 147,597
Trane Technologies Global Holding Co., Ltd.
3.75%, 08/21/28 (a) 300,000 284,073
5.75%, 06/15/43 200,000 208,084
4.30%, 02/21/48 (a) 150,000 133,200
Trane Technologies Luxembourg Finance S.A.
3.80%, 03/21/29 (a) 200,000 187,894
4.65%, 11/01/44 (a) 100,000 90,929
United Rentals North America, Inc.
3.88%, 11/15/27 (a) 300,000 279,204
Valmont Industries, Inc.
5.00%, 10/01/44 (a) 180,000 167,312
5.25%, 10/01/54 (a) 100,000 97,092
Vontier Corp.
1.80%, 04/01/26 (a) 200,000 175,536
2.40%, 04/01/28 (a) 200,000 167,084
2.95%, 04/01/31 (a) 225,000 176,002
Vulcan Materials Co.
3.90%, 04/01/27 (a) 200,000 197,222
3.50%, 06/01/30 (a) 250,000 225,742
4.50%, 06/15/47 (a) 250,000 222,897
4.70%, 03/01/48 (a) 150,000 137,900
Waste Connections, Inc.
4.25%, 12/01/28 (a) 200,000 197,598
3.50%, 05/01/29 (a) 209,000 196,880
2.60%, 02/01/30 (a) 250,000 218,895
2.20%, 01/15/32 (a) 200,000 164,402
3.20%, 06/01/32 (a) 250,000 223,022
2.95%, 01/15/52 (a) 300,000 216,294
Waste Management, Inc.
0.75%, 11/15/25 (a) 300,000 273,528
3.15%, 11/15/27 (a) 300,000 288,126
1.15%, 03/15/28 (a) 250,000 213,060
1.50%, 03/15/31 (a) 50,000 39,876
4.10%, 03/01/45 (a) 250,000 225,795
 
59
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.15%, 07/15/49 (a) 300,000 275,529
2.50%, 11/15/50 (a) 300,000 205,629
Westinghouse Air Brake Technologies Corp.
4.40%, 03/15/24 (a)(f) 300,000 299,514
3.20%, 06/15/25 (a) 200,000 191,044
3.45%, 11/15/26 (a) 125,000 114,899
4.95%, 09/15/28 (a)(f) 450,000 433,192
WW Grainger, Inc.
1.85%, 02/15/25 (a) 300,000 286,005
4.60%, 06/15/45 (a) 150,000 143,688
4.20%, 05/15/47 (a) 350,000 321,881
Xylem, Inc.
3.25%, 11/01/26 (a) 185,000 179,060
1.95%, 01/30/28 (a) 100,000 88,541
2.25%, 01/30/31 (a) 250,000 208,485
4.38%, 11/01/46 (a) 145,000 132,102
    97,642,362
Communications 2.1%
Activision Blizzard, Inc.
3.40%, 09/15/26 (a) 300,000 295,269
3.40%, 06/15/27 (a) 150,000 145,811
1.35%, 09/15/30 (a) 175,000 140,623
4.50%, 06/15/47 (a) 78,000 75,746
2.50%, 09/15/50 (a) 500,000 343,640
America Movil S.A.B. de C.V.
3.63%, 04/22/29 (a) 300,000 285,876
2.88%, 05/07/30 (a) 350,000 313,656
6.38%, 03/01/35 350,000 399,994
6.13%, 11/15/37 150,000 163,326
6.13%, 03/30/40 600,000 665,820
4.38%, 07/16/42 300,000 273,660
4.38%, 04/22/49 (a) 350,000 328,030
American Tower Corp.
5.00%, 02/15/24 350,000 354,473
3.38%, 05/15/24 (a) 250,000 246,398
2.95%, 01/15/25 (a) 280,000 270,483
2.40%, 03/15/25 (a) 350,000 330,904
4.00%, 06/01/25 (a) 100,000 98,979
4.40%, 02/15/26 (a) 100,000 99,581
1.60%, 04/15/26 (a) 350,000 313,841
3.38%, 10/15/26 (a) 250,000 236,600
2.75%, 01/15/27 (a) 65,000 59,456
3.13%, 01/15/27 (a) 150,000 139,314
3.65%, 03/15/27 (a) 250,000 238,035
3.55%, 07/15/27 (a) 450,000 422,707
3.60%, 01/15/28 (a) 300,000 279,177
1.50%, 01/31/28 (a) 250,000 208,163
3.95%, 03/15/29 (a) 350,000 326,322
3.80%, 08/15/29 (a) 650,000 597,265
2.90%, 01/15/30 (a) 150,000 128,181
1.88%, 10/15/30 (a) 250,000 195,118
2.30%, 09/15/31 (a) 200,000 158,626
4.05%, 03/15/32 (a) 250,000 227,855
3.70%, 10/15/49 (a) 300,000 226,968
3.10%, 06/15/50 (a) 375,000 260,059
2.95%, 01/15/51 (a) 250,000 168,955
AT&T, Inc.
0.90%, 03/25/24 (a) 350,000 334,509
3.88%, 01/15/26 (a) 100,000 100,035
1.70%, 03/25/26 (a) 900,000 823,392
2.95%, 07/15/26 (a) 150,000 143,651
3.80%, 02/15/27 (a) 250,000 245,618
4.25%, 03/01/27 (a) 500,000 499,395
2.30%, 06/01/27 (a) 800,000 730,888
1.65%, 02/01/28 (a) 550,000 475,513
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.10%, 02/15/28 (a) 550,000 540,463
4.35%, 03/01/29 (a) 950,000 936,424
4.30%, 02/15/30 (a) 950,000 927,988
2.75%, 06/01/31 (a) 1,050,000 908,365
2.25%, 02/01/32 (a) 800,000 653,832
2.55%, 12/01/33 (a) 1,281,000 1,039,877
4.50%, 05/15/35 (a) 800,000 759,256
5.25%, 03/01/37 (a) 550,000 570,009
4.90%, 08/15/37 (a) 129,000 128,469
4.85%, 03/01/39 (a) 340,000 325,655
5.35%, 09/01/40 250,000 247,085
3.50%, 06/01/41 (a) 800,000 640,824
4.30%, 12/15/42 (a) 400,000 349,028
3.10%, 02/01/43 (a) 300,000 223,809
4.65%, 06/01/44 (a) 150,000 137,394
4.35%, 06/15/45 (a) 400,000 349,680
4.75%, 05/15/46 (a) 600,000 556,848
5.15%, 11/15/46 (a) 300,000 297,618
5.65%, 02/15/47 (a) 300,000 323,277
5.45%, 03/01/47 (a) 228,000 238,050
4.50%, 03/09/48 (a) 500,000 445,815
4.55%, 03/09/49 (a) 309,000 281,867
5.15%, 02/15/50 (a) 200,000 199,074
3.65%, 06/01/51 (a) 975,000 762,879
3.30%, 02/01/52 (a) 400,000 294,908
3.50%, 09/15/53 (a) 2,315,000 1,759,215
3.55%, 09/15/55 (a) 2,350,000 1,764,521
3.80%, 12/01/57 (a) 1,825,000 1,416,912
3.65%, 09/15/59 (a) 2,044,000 1,533,531
3.85%, 06/01/60 (a) 400,000 310,596
3.50%, 02/01/61 (a) 100,000 72,745
Bell Canada
0.75%, 03/17/24 250,000 238,298
4.46%, 04/01/48 (a) 550,000 504,234
4.30%, 07/29/49 (a) 50,000 44,817
3.20%, 02/15/52 (a) 300,000 222,198
3.65%, 08/15/52 (a) 250,000 200,255
British Telecommunications PLC
4.50%, 12/04/23 (a) 250,000 251,428
5.13%, 12/04/28 (a) 1,050,000 1,050,357
9.63%, 12/15/30 (f) 150,000 186,915
Charter Communications Operating LLC/Charter Communications Operating Capital
4.50%, 02/01/24 (a) 250,000 251,690
4.91%, 07/23/25 (a) 1,450,000 1,454,263
3.75%, 02/15/28 (a) 375,000 345,709
4.20%, 03/15/28 (a) 250,000 233,783
2.25%, 01/15/29 (a) 200,000 164,824
5.05%, 03/30/29 (a) 500,000 482,755
2.80%, 04/01/31 (a) 500,000 400,935
2.30%, 02/01/32 (a) 300,000 227,985
4.40%, 04/01/33 (a) 150,000 134,474
6.38%, 10/23/35 (a) 700,000 707,238
5.38%, 04/01/38 (a) 300,000 267,567
3.50%, 06/01/41 (a) 300,000 211,731
3.50%, 03/01/42 (a) 450,000 313,740
6.48%, 10/23/45 (a) 1,150,000 1,121,940
5.38%, 05/01/47 (a) 800,000 686,712
5.75%, 04/01/48 (a) 800,000 720,552
5.13%, 07/01/49 (a) 400,000 334,580
4.80%, 03/01/50 (a) 900,000 713,889
3.70%, 04/01/51 (a) 550,000 374,561
3.90%, 06/01/52 (a) 750,000 525,202
5.25%, 04/01/53 (a) 400,000 341,444
6.83%, 10/23/55 (a) 150,000 152,196
3.85%, 04/01/61 (a) 600,000 395,598
4.40%, 12/01/61 (a) 200,000 144,934
 
60
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.95%, 06/30/62 (a) 450,000 300,942
5.50%, 04/01/63 (a) 300,000 256,200
Comcast Corp.
3.70%, 04/15/24 (a) 850,000 852,737
3.38%, 02/15/25 (a) 200,000 198,624
3.38%, 08/15/25 (a) 500,000 494,370
3.95%, 10/15/25 (a) 1,000,000 1,005,360
3.15%, 03/01/26 (a) 700,000 683,046
2.35%, 01/15/27 (a) 450,000 420,025
3.30%, 02/01/27 (a) 430,000 418,321
3.15%, 02/15/28 (a) 550,000 524,419
3.55%, 05/01/28 (a) 292,000 283,488
4.15%, 10/15/28 (a) 1,250,000 1,247,637
2.65%, 02/01/30 (a) 500,000 447,110
3.40%, 04/01/30 (a) 500,000 469,100
4.25%, 10/15/30 (a) 500,000 493,385
1.95%, 01/15/31 (a) 500,000 416,110
1.50%, 02/15/31 (a) 350,000 281,533
4.25%, 01/15/33 500,000 492,010
7.05%, 03/15/33 250,000 300,717
4.20%, 08/15/34 (a) 350,000 338,072
5.65%, 06/15/35 150,000 164,055
4.40%, 08/15/35 (a) 230,000 223,645
6.50%, 11/15/35 250,000 291,792
3.20%, 07/15/36 (a) 350,000 298,196
3.90%, 03/01/38 (a) 450,000 408,663
4.60%, 10/15/38 (a) 300,000 291,822
3.25%, 11/01/39 (a) 400,000 329,072
3.75%, 04/01/40 (a) 450,000 395,424
4.65%, 07/15/42 150,000 145,715
4.75%, 03/01/44 200,000 194,558
4.60%, 08/15/45 (a) 250,000 239,523
3.40%, 07/15/46 (a) 400,000 320,980
4.00%, 08/15/47 (a) 266,000 231,883
3.97%, 11/01/47 (a) 648,000 561,311
4.00%, 03/01/48 (a) 350,000 305,980
4.70%, 10/15/48 (a) 600,000 584,088
4.00%, 11/01/49 (a) 600,000 524,304
3.45%, 02/01/50 (a) 600,000 478,650
2.80%, 01/15/51 (a) 500,000 354,060
2.89%, 11/01/51 (a) 1,483,000 1,060,968
2.45%, 08/15/52 (a) 550,000 366,602
4.05%, 11/01/52 (a) 278,000 243,942
2.94%, 11/01/56 (a) 1,863,000 1,295,605
4.95%, 10/15/58 (a) 300,000 300,606
2.65%, 08/15/62 (a) 450,000 290,880
2.99%, 11/01/63 (a) 1,290,000 882,270
Crown Castle International Corp.
3.15%, 07/15/23 (a) 50,000 49,448
3.20%, 09/01/24 (a) 350,000 342,937
1.35%, 07/15/25 (a) 200,000 182,846
4.45%, 02/15/26 (a) 300,000 297,435
3.70%, 06/15/26 (a) 250,000 241,658
1.05%, 07/15/26 (a) 100,000 86,789
4.00%, 03/01/27 (a) 200,000 194,298
2.90%, 03/15/27 (a) 250,000 231,530
3.65%, 09/01/27 (a) 300,000 283,914
3.80%, 02/15/28 (a) 350,000 330,529
3.10%, 11/15/29 (a) 200,000 176,550
3.30%, 07/01/30 (a) 300,000 265,194
2.25%, 01/15/31 (a) 400,000 324,828
2.10%, 04/01/31 (a) 375,000 298,069
2.50%, 07/15/31 (a) 250,000 205,478
2.90%, 04/01/41 (a) 300,000 217,575
4.75%, 05/15/47 (a) 125,000 113,414
5.20%, 02/15/49 (a) 100,000 96,483
4.00%, 11/15/49 (a) 50,000 40,530
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.15%, 07/01/50 (a) 150,000 124,739
3.25%, 01/15/51 (a) 300,000 216,075
Deutsche Telekom International Finance BV
8.75%, 06/15/30 (f) 1,100,000 1,361,129
9.25%, 06/01/32 150,000 199,565
Discovery Communications LLC
3.90%, 11/15/24 (a) 200,000 197,066
3.45%, 03/15/25 (a) 250,000 241,920
4.90%, 03/11/26 (a) 100,000 100,274
3.95%, 03/20/28 (a) 550,000 515,130
4.13%, 05/15/29 (a) 250,000 230,540
3.63%, 05/15/30 (a) 250,000 222,720
5.00%, 09/20/37 (a) 200,000 180,424
6.35%, 06/01/40 200,000 198,232
4.88%, 04/01/43 175,000 145,875
5.20%, 09/20/47 (a) 400,000 343,284
5.30%, 05/15/49 (a) 200,000 174,158
4.65%, 05/15/50 (a) 300,000 236,394
4.00%, 09/15/55 (a) 539,000 377,667
Electronic Arts, Inc.
4.80%, 03/01/26 (a) 75,000 76,745
1.85%, 02/15/31 (a) 250,000 203,410
2.95%, 02/15/51 (a) 250,000 183,560
Fox Corp.
4.03%, 01/25/24 (a) 250,000 250,040
3.05%, 04/07/25 (a) 250,000 242,458
4.71%, 01/25/29 (a) 650,000 638,397
3.50%, 04/08/30 (a) 300,000 272,682
5.48%, 01/25/39 (a) 350,000 340,781
5.58%, 01/25/49 (a) 450,000 439,128
Grupo Televisa S.A.B.
6.63%, 03/18/25 278,000 293,568
8.50%, 03/11/32 50,000 62,050
6.63%, 01/15/40 200,000 216,794
5.00%, 05/13/45 (a) 400,000 372,432
6.13%, 01/31/46 (a) 250,000 276,115
5.25%, 05/24/49 (a) 200,000 197,948
Interpublic Group of Cos., Inc.
4.75%, 03/30/30 (a) 300,000 295,266
2.40%, 03/01/31 (a) 200,000 162,492
5.40%, 10/01/48 (a) 150,000 147,260
Koninklijke KPN N.V.
8.38%, 10/01/30 190,000 227,888
Magallanes, Inc.
3.43%, 03/15/24 (c) 500,000 490,210
3.64%, 03/15/25 (c) 500,000 485,470
3.76%, 03/15/27 (a)(c) 1,250,000 1,173,512
4.05%, 03/15/29 (a)(c) 500,000 459,000
4.28%, 03/15/32 (a)(c) 1,500,000 1,340,970
5.05%, 03/15/42 (a)(c) 1,400,000 1,192,002
5.14%, 03/15/52 (a)(c) 2,000,000 1,681,660
5.39%, 03/15/62 (a)(c) 925,000 776,833
NBCUniversal Media LLC
5.95%, 04/01/41 200,000 223,898
4.45%, 01/15/43 200,000 186,726
Omnicom Group, Inc.
2.45%, 04/30/30 (a) 300,000 253,452
4.20%, 06/01/30 (a) 200,000 191,356
Omnicom Group, Inc./Omnicom Capital, Inc.
3.65%, 11/01/24 (a) 250,000 248,158
3.60%, 04/15/26 (a) 500,000 486,550
Orange S.A.
9.00%, 03/01/31 800,000 1,033,536
5.38%, 01/13/42 250,000 258,795
5.50%, 02/06/44 (a) 250,000 264,338
 
61
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Rogers Communications, Inc.
4.10%, 10/01/23 (a) 250,000 251,375
2.95%, 03/15/25 (a)(c) 300,000 290,226
3.63%, 12/15/25 (a) 270,000 264,530
2.90%, 11/15/26 (a) 100,000 94,588
3.20%, 03/15/27 (a)(c) 400,000 379,844
3.80%, 03/15/32 (a)(c) 500,000 458,615
4.50%, 03/15/42 (a)(c) 250,000 223,068
4.50%, 03/15/43 (a) 225,000 193,802
5.45%, 10/01/43 (a) 250,000 248,345
5.00%, 03/15/44 (a) 350,000 326,620
4.30%, 02/15/48 (a) 150,000 125,805
4.35%, 05/01/49 (a) 450,000 383,724
3.70%, 11/15/49 (a) 350,000 266,956
4.55%, 03/15/52 (a)(c) 600,000 530,628
Take-Two Interactive Software, Inc.
3.30%, 03/28/24 300,000 296,325
3.55%, 04/14/25 200,000 196,986
3.70%, 04/14/27 (a) 200,000 194,268
TCI Communications, Inc.
7.88%, 02/15/26 100,000 112,482
7.13%, 02/15/28 150,000 169,796
Telefonica Emisiones S.A.
4.10%, 03/08/27 350,000 343,147
7.05%, 06/20/36 650,000 734,831
4.67%, 03/06/38 250,000 222,885
5.21%, 03/08/47 650,000 580,047
4.90%, 03/06/48 400,000 342,764
5.52%, 03/01/49 (a) 400,000 371,916
Telefonica Europe BV
8.25%, 09/15/30 350,000 419,349
TELUS Corp.
2.80%, 02/16/27 (a) 200,000 190,616
3.70%, 09/15/27 (a) 150,000 147,848
3.40%, 05/13/32 (a) 300,000 269,886
4.60%, 11/16/48 (a) 200,000 187,740
4.30%, 06/15/49 (a) 200,000 180,014
Time Warner Cable LLC
6.55%, 05/01/37 500,000 502,700
7.30%, 07/01/38 500,000 524,300
6.75%, 06/15/39 500,000 501,025
5.88%, 11/15/40 (a) 250,000 230,463
5.50%, 09/01/41 (a) 350,000 308,623
4.50%, 09/15/42 (a) 400,000 314,748
Time Warner Entertainment Co. LP
8.38%, 07/15/33 300,000 346,911
T-Mobile USA, Inc.
3.50%, 04/15/25 (a) 950,000 930,582
1.50%, 02/15/26 (a) 350,000 316,893
3.75%, 04/15/27 (a) 1,200,000 1,154,772
2.05%, 02/15/28 (a) 700,000 609,175
2.40%, 03/15/29 (a) 200,000 173,026
3.88%, 04/15/30 (a) 2,150,000 2,008,014
2.55%, 02/15/31 (a) 750,000 631,522
2.25%, 11/15/31 (a) 250,000 203,205
4.38%, 04/15/40 (a) 700,000 628,453
3.00%, 02/15/41 (a) 600,000 446,076
4.50%, 04/15/50 (a) 925,000 822,908
3.30%, 02/15/51 (a) 950,000 693,899
3.40%, 10/15/52 (a) 900,000 666,650
3.60%, 11/15/60 (c) 250,000 183,898
3.60%, 11/15/60 (a) 350,000 256,284
TWDC Enterprises 18 Corp.
3.15%, 09/17/25 200,000 196,976
3.00%, 02/13/26 450,000 438,111
1.85%, 07/30/26 400,000 369,932
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
7.00%, 03/01/32 250,000 297,440
4.38%, 08/16/41 150,000 141,156
4.13%, 12/01/41 200,000 183,202
4.13%, 06/01/44 350,000 318,566
3.00%, 07/30/46 150,000 115,484
Verizon Communications, Inc.
0.75%, 03/22/24 300,000 286,215
3.50%, 11/01/24 (a) 358,000 357,613
3.38%, 02/15/25 450,000 447,259
0.85%, 11/20/25 (a) 400,000 362,948
1.45%, 03/20/26 (a) 600,000 549,618
2.63%, 08/15/26 575,000 543,915
4.13%, 03/16/27 950,000 948,280
3.00%, 03/22/27 (a) 250,000 237,800
2.10%, 03/22/28 (a) 950,000 844,141
4.33%, 09/21/28 1,250,000 1,244,475
3.88%, 02/08/29 (a) 350,000 338,880
4.02%, 12/03/29 (a) 1,157,000 1,123,192
3.15%, 03/22/30 (a) 500,000 454,900
1.50%, 09/18/30 (a) 300,000 240,189
1.68%, 10/30/30 (a) 418,000 336,753
7.75%, 12/01/30 250,000 301,785
1.75%, 01/20/31 (a) 700,000 562,898
2.55%, 03/21/31 (a) 1,300,000 1,112,930
2.36%, 03/15/32 (a) 1,290,000 1,070,790
4.50%, 08/10/33 700,000 683,746
4.40%, 11/01/34 (a) 650,000 624,325
4.27%, 01/15/36 700,000 661,353
5.25%, 03/16/37 500,000 518,160
4.81%, 03/15/39 400,000 394,888
2.65%, 11/20/40 (a) 750,000 550,395
3.40%, 03/22/41 (a) 1,000,000 815,160
3.85%, 11/01/42 (a) 406,000 345,563
6.55%, 09/15/43 200,000 243,872
4.13%, 08/15/46 400,000 358,332
4.86%, 08/21/46 750,000 740,722
4.52%, 09/15/48 400,000 380,212
4.00%, 03/22/50 (a) 450,000 389,002
2.88%, 11/20/50 (a) 900,000 639,342
3.55%, 03/22/51 (a) 1,550,000 1,243,301
3.88%, 03/01/52 (a) 250,000 211,213
5.01%, 08/21/54 250,000 257,350
4.67%, 03/15/55 225,000 217,526
2.99%, 10/30/56 (a) 1,000,000 696,530
3.00%, 11/20/60 (a) 750,000 511,807
3.70%, 03/22/61 (a) 1,000,000 786,610
ViacomCBS, Inc.
4.75%, 05/15/25 (a) 222,000 224,398
2.90%, 01/15/27 (a) 400,000 368,692
3.38%, 02/15/28 (a) 250,000 229,845
3.70%, 06/01/28 (a) 150,000 140,016
4.20%, 06/01/29 (a) 289,000 272,510
4.95%, 01/15/31 (a) 250,000 238,300
4.20%, 05/19/32 (a) 325,000 288,434
5.50%, 05/15/33 100,000 97,549
6.88%, 04/30/36 400,000 417,884
5.90%, 10/15/40 (a) 50,000 47,218
4.85%, 07/01/42 (a) 200,000 167,580
4.38%, 03/15/43 450,000 348,876
5.85%, 09/01/43 (a) 300,000 281,067
5.25%, 04/01/44 (a) 150,000 129,125
4.90%, 08/15/44 (a) 150,000 122,124
4.60%, 01/15/45 (a) 150,000 118,992
4.95%, 05/19/50 (a) 325,000 274,606
Vodafone Group PLC
3.75%, 01/16/24 200,000 200,982
4.13%, 05/30/25 475,000 477,066
 
62
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See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.38%, 05/30/28 950,000 945,088
7.88%, 02/15/30 300,000 353,946
6.25%, 11/30/32 100,000 109,612
6.15%, 02/27/37 530,000 572,866
5.00%, 05/30/38 250,000 240,225
4.38%, 02/19/43 450,000 391,860
5.25%, 05/30/48 925,000 880,387
4.88%, 06/19/49 550,000 506,104
4.25%, 09/17/50 475,000 398,050
5.13%, 06/19/59 150,000 139,467
Walt Disney Co.
1.75%, 08/30/24 (a) 350,000 337,330
3.70%, 09/15/24 (a) 300,000 300,654
3.35%, 03/24/25 500,000 496,300
3.70%, 10/15/25 (a) 250,000 250,163
1.75%, 01/13/26 500,000 466,335
3.38%, 11/15/26 (a) 350,000 342,552
3.70%, 03/23/27 200,000 198,094
2.20%, 01/13/28 350,000 317,485
2.00%, 09/01/29 (a) 375,000 322,612
3.80%, 03/22/30 200,000 193,300
2.65%, 01/13/31 800,000 704,672
6.20%, 12/15/34 400,000 456,448
6.40%, 12/15/35 250,000 291,728
6.15%, 03/01/37 100,000 113,490
6.65%, 11/15/37 450,000 537,516
4.63%, 03/23/40 (a) 250,000 245,648
3.50%, 05/13/40 (a) 550,000 469,887
6.15%, 02/15/41 150,000 172,388
4.75%, 09/15/44 (a) 190,000 186,044
4.95%, 10/15/45 (a) 185,000 185,553
4.75%, 11/15/46 (a) 200,000 197,474
2.75%, 09/01/49 (a) 650,000 467,681
4.70%, 03/23/50 (a) 550,000 546,084
3.60%, 01/13/51 (a) 850,000 710,498
3.80%, 05/13/60 (a) 550,000 460,597
Weibo Corp.
3.50%, 07/05/24 (a) 250,000 243,470
3.38%, 07/08/30 (a) 350,000 288,481
WPP Finance 2010
3.75%, 09/19/24 300,000 293,454
    155,099,524
Consumer Cyclical 1.6%
Advance Auto Parts, Inc.
1.75%, 10/01/27 (a) 150,000 127,368
3.90%, 04/15/30 (a) 200,000 182,466
3.50%, 03/15/32 (a) 100,000 85,834
Alibaba Group Holding Ltd.
3.60%, 11/28/24 (a) 700,000 696,080
3.40%, 12/06/27 (a) 750,000 717,112
2.13%, 02/09/31 (a) 450,000 373,095
4.50%, 11/28/34 (a) 250,000 234,375
4.00%, 12/06/37 (a) 350,000 303,135
2.70%, 02/09/41 (a) 250,000 173,443
4.20%, 12/06/47 (a) 550,000 456,962
3.15%, 02/09/51 (a) 500,000 343,325
4.40%, 12/06/57 (a) 300,000 247,779
3.25%, 02/09/61 (a) 300,000 200,940
Amazon.com, Inc.
2.73%, 04/13/24 400,000 397,752
0.45%, 05/12/24 850,000 809,353
2.80%, 08/22/24 (a) 700,000 694,085
3.80%, 12/05/24 (a) 450,000 455,688
3.00%, 04/13/25 400,000 397,516
0.80%, 06/03/25 (a) 250,000 232,718
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
5.20%, 12/03/25 (a) 400,000 420,160
1.00%, 05/12/26 (a) 1,000,000 910,130
3.30%, 04/13/27 (a) 600,000 589,098
1.20%, 06/03/27 (a) 100,000 89,069
3.15%, 08/22/27 (a) 600,000 584,676
1.65%, 05/12/28 (a) 850,000 754,834
3.45%, 04/13/29 (a) 400,000 389,916
1.50%, 06/03/30 (a) 700,000 583,191
2.10%, 05/12/31 (a) 400,000 343,000
3.60%, 04/13/32 (a) 700,000 675,073
4.80%, 12/05/34 (a) 550,000 577,753
3.88%, 08/22/37 (a) 925,000 876,040
2.88%, 05/12/41 (a) 650,000 521,651
4.95%, 12/05/44 (a) 400,000 421,820
4.05%, 08/22/47 (a) 1,100,000 1,036,101
2.50%, 06/03/50 (a) 600,000 426,186
3.10%, 05/12/51 (a) 1,000,000 789,800
3.95%, 04/13/52 (a) 700,000 645,701
4.25%, 08/22/57 (a) 700,000 658,385
2.70%, 06/03/60 (a) 650,000 440,927
3.25%, 05/12/61 (a) 550,000 420,469
4.10%, 04/13/62 (a) 300,000 271,848
American Honda Finance Corp.
0.88%, 07/07/23 300,000 292,734
3.45%, 07/14/23 100,000 100,101
0.65%, 09/08/23 200,000 194,086
3.55%, 01/12/24 450,000 450,859
2.90%, 02/16/24 500,000 495,515
2.40%, 06/27/24 500,000 489,125
0.55%, 07/12/24 650,000 611,851
2.15%, 09/10/24 200,000 193,890
1.20%, 07/08/25 500,000 462,040
1.00%, 09/10/25 200,000 182,406
2.30%, 09/09/26 250,000 234,060
3.50%, 02/15/28 200,000 193,494
2.25%, 01/12/29 500,000 442,485
1.80%, 01/13/31 250,000 205,753
Aptiv PLC
2.40%, 02/18/25 (a) 250,000 239,042
4.35%, 03/15/29 (a) 150,000 142,430
3.25%, 03/01/32 (a) 250,000 212,660
4.40%, 10/01/46 (a) 125,000 99,834
5.40%, 03/15/49 (a) 150,000 137,931
3.10%, 12/01/51 (a) 350,000 227,220
4.15%, 05/01/52 (a) 300,000 230,259
AutoNation, Inc.
3.50%, 11/15/24 (a) 100,000 96,985
3.80%, 11/15/27 (a) 350,000 330,274
4.75%, 06/01/30 (a) 300,000 282,297
2.40%, 08/01/31 (a) 150,000 115,542
AutoZone, Inc.
3.13%, 04/18/24 (a) 50,000 49,483
3.25%, 04/15/25 (a) 200,000 196,218
3.63%, 04/15/25 (a) 100,000 98,889
3.13%, 04/21/26 (a) 50,000 48,209
3.75%, 06/01/27 (a) 200,000 194,162
3.75%, 04/18/29 (a) 200,000 189,072
4.00%, 04/15/30 (a) 250,000 237,660
1.65%, 01/15/31 (a) 150,000 117,717
Best Buy Co., Inc.
4.45%, 10/01/28 (a) 200,000 197,286
1.95%, 10/01/30 (a) 200,000 159,018
Block Financial LLC
5.25%, 10/01/25 (a) 175,000 177,980
3.88%, 08/15/30 (a) 250,000 227,243
 
63
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Booking Holdings, Inc.
3.60%, 06/01/26 (a) 425,000 419,454
3.55%, 03/15/28 (a) 150,000 144,707
4.63%, 04/13/30 (a) 500,000 497,990
BorgWarner, Inc.
2.65%, 07/01/27 (a) 350,000 318,633
4.38%, 03/15/45 (a) 220,000 178,468
CBRE Services, Inc.
4.88%, 03/01/26 (a) 150,000 151,775
2.50%, 04/01/31 (a) 200,000 162,328
Choice Hotels International, Inc.
3.70%, 12/01/29 (a) 100,000 88,658
3.70%, 01/15/31 (a) 150,000 132,099
Costco Wholesale Corp.
2.75%, 05/18/24 (a) 300,000 298,038
3.00%, 05/18/27 (a) 550,000 536,706
1.60%, 04/20/30 (a) 400,000 337,544
1.75%, 04/20/32 (a) 600,000 494,778
Cummins, Inc.
3.65%, 10/01/23 (a) 100,000 100,523
0.75%, 09/01/25 (a) 200,000 183,098
1.50%, 09/01/30 (a) 300,000 243,372
4.88%, 10/01/43 (a) 175,000 177,854
2.60%, 09/01/50 (a) 200,000 137,066
Daimler Finance North America LLC
8.50%, 01/18/31 450,000 570,420
Darden Restaurants, Inc.
3.85%, 05/01/27 (a) 155,000 149,288
4.55%, 02/15/48 (a) 100,000 83,146
Dick's Sporting Goods, Inc.
3.15%, 01/15/32 (a) 250,000 198,223
4.10%, 01/15/52 (a) 250,000 166,295
Dollar General Corp.
4.15%, 11/01/25 (a) 89,000 89,225
3.88%, 04/15/27 (a) 250,000 245,555
4.13%, 05/01/28 (a) 150,000 146,517
3.50%, 04/03/30 (a) 300,000 276,576
4.13%, 04/03/50 (a) 200,000 168,270
Dollar Tree, Inc.
4.00%, 05/15/25 (a) 250,000 249,297
4.20%, 05/15/28 (a) 525,000 510,510
2.65%, 12/01/31 (a) 250,000 206,375
DR Horton, Inc.
5.75%, 08/15/23 (a) 100,000 101,939
2.50%, 10/15/24 (a) 200,000 191,262
2.60%, 10/15/25 (a) 210,000 197,881
1.40%, 10/15/27 (a) 300,000 251,175
eBay, Inc.
3.45%, 08/01/24 (a) 400,000 396,400
1.40%, 05/10/26 (a) 250,000 225,048
3.60%, 06/05/27 (a) 350,000 336,854
2.70%, 03/11/30 (a) 200,000 170,794
2.60%, 05/10/31 (a) 250,000 207,955
4.00%, 07/15/42 (a) 350,000 298,256
3.65%, 05/10/51 (a) 250,000 193,090
Expedia Group, Inc.
5.00%, 02/15/26 (a) 100,000 100,120
4.63%, 08/01/27 (a) 225,000 216,583
3.80%, 02/15/28 (a) 300,000 273,720
3.25%, 02/15/30 (a) 425,000 353,375
2.95%, 03/15/31 (a) 350,000 279,545
Ford Foundation
2.42%, 06/01/50 (a) 300,000 210,225
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
General Motors Co.
4.88%, 10/02/23 700,000 706,776
5.40%, 10/02/23 300,000 304,605
4.00%, 04/01/25 400,000 395,144
6.13%, 10/01/25 (a) 800,000 827,520
4.20%, 10/01/27 (a) 250,000 237,510
6.80%, 10/01/27 (a) 350,000 368,375
5.00%, 10/01/28 (a) 250,000 242,710
5.00%, 04/01/35 200,000 179,502
6.60%, 04/01/36 (a) 500,000 508,410
5.15%, 04/01/38 (a) 250,000 219,340
6.25%, 10/02/43 550,000 526,619
5.20%, 04/01/45 400,000 337,404
6.75%, 04/01/46 (a) 250,000 252,527
5.40%, 04/01/48 (a) 200,000 175,180
5.95%, 04/01/49 (a) 300,000 279,774
General Motors Financial Co., Inc.
4.15%, 06/19/23 (a) 200,000 199,796
1.70%, 08/18/23 200,000 195,252
5.10%, 01/17/24 (a) 575,000 581,043
1.05%, 03/08/24 400,000 379,120
3.95%, 04/13/24 (a) 250,000 248,090
1.20%, 10/15/24 200,000 186,114
3.50%, 11/07/24 (a) 450,000 440,167
4.00%, 01/15/25 (a) 250,000 246,780
2.90%, 02/26/25 (a) 650,000 620,847
3.80%, 04/07/25 350,000 341,771
4.35%, 04/09/25 (a) 61,000 60,340
2.75%, 06/20/25 (a) 250,000 235,732
1.25%, 01/08/26 (a) 425,000 373,715
5.25%, 03/01/26 (a) 375,000 375,802
1.50%, 06/10/26 (a) 200,000 175,010
4.00%, 10/06/26 (a) 300,000 286,782
4.35%, 01/17/27 (a) 500,000 480,335
2.35%, 02/26/27 (a) 250,000 220,433
2.70%, 08/20/27 (a) 400,000 351,692
3.85%, 01/05/28 (a) 200,000 183,676
5.65%, 01/17/29 (a) 150,000 149,669
3.60%, 06/21/30 (a) 400,000 346,864
2.70%, 06/10/31 (a) 450,000 356,652
3.10%, 01/12/32 (a) 500,000 402,070
Genuine Parts Co.
1.88%, 11/01/30 (a) 125,000 98,850
2.75%, 02/01/32 (a) 250,000 207,570
GLP Capital LP/GLP Financing II, Inc.
5.38%, 11/01/23 (a) 200,000 200,142
3.35%, 09/01/24 (a) 150,000 144,440
5.25%, 06/01/25 (a) 300,000 294,999
5.38%, 04/15/26 (a) 350,000 342,905
5.75%, 06/01/28 (a) 250,000 244,512
5.30%, 01/15/29 (a) 200,000 190,604
4.00%, 01/15/30 (a) 250,000 220,413
4.00%, 01/15/31 (a) 250,000 217,188
Harley-Davidson, Inc.
3.50%, 07/28/25 (a) 100,000 97,086
4.63%, 07/28/45 (a) 150,000 115,772
Harman International Industries, Inc.
4.15%, 05/15/25 (a) 200,000 200,424
Home Depot, Inc.
3.75%, 02/15/24 (a) 500,000 504,540
3.35%, 09/15/25 (a) 100,000 99,435
3.00%, 04/01/26 (a) 650,000 638,436
2.13%, 09/15/26 (a) 300,000 284,121
2.50%, 04/15/27 (a) 200,000 189,502
2.80%, 09/14/27 (a) 150,000 143,156
1.50%, 09/15/28 (a) 250,000 218,183
 
64
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.90%, 12/06/28 (a) 550,000 550,654
2.95%, 06/15/29 (a) 650,000 608,276
2.70%, 04/15/30 (a) 550,000 499,543
1.38%, 03/15/31 (a) 150,000 121,122
1.88%, 09/15/31 (a) 250,000 208,440
3.25%, 04/15/32 (a) 400,000 373,592
5.88%, 12/16/36 1,200,000 1,379,964
3.30%, 04/15/40 (a) 355,000 301,750
5.40%, 09/15/40 (a) 191,000 205,096
5.95%, 04/01/41 (a) 400,000 457,148
4.20%, 04/01/43 (a) 250,000 234,352
4.88%, 02/15/44 (a) 450,000 458,442
4.40%, 03/15/45 (a) 150,000 143,823
4.25%, 04/01/46 (a) 550,000 520,080
3.90%, 06/15/47 (a) 100,000 89,745
4.50%, 12/06/48 (a) 350,000 342,447
3.13%, 12/15/49 (a) 450,000 351,544
3.35%, 04/15/50 (a) 500,000 406,175
2.38%, 03/15/51 (a) 500,000 339,120
2.75%, 09/15/51 (a) 250,000 182,468
3.63%, 04/15/52 (a) 400,000 343,380
3.50%, 09/15/56 (a) 297,000 242,976
Honda Motor Co., Ltd.
2.53%, 03/10/27 (a) 200,000 187,444
2.97%, 03/10/32 (a) 225,000 202,320
Hyatt Hotels Corp.
3.38%, 07/15/23 (a) 150,000 146,856
5.63%, 04/23/25 (a) 200,000 203,264
4.85%, 03/15/26 (a) 250,000 249,472
4.38%, 09/15/28 (a) 100,000 94,606
6.00%, 04/23/30 (a) 150,000 151,593
J Paul Getty Trust
Series 2021
0.39%, 01/01/24 (a)
100,000 96,040
JD.com, Inc.
3.88%, 04/29/26 200,000 196,092
3.38%, 01/14/30 (a) 200,000 183,264
4.13%, 01/14/50 (a) 150,000 116,972
Kohl's Corp.
4.25%, 07/17/25 (a) 150,000 148,124
3.38%, 05/01/31 (a) 175,000 152,301
5.55%, 07/17/45 (a) 175,000 152,609
Lear Corp.
3.80%, 09/15/27 (a) 300,000 283,752
4.25%, 05/15/29 (a) 150,000 139,100
5.25%, 05/15/49 (a) 250,000 217,918
Lennar Corp.
4.88%, 12/15/23 (a) 200,000 202,018
4.50%, 04/30/24 (a) 150,000 149,916
5.88%, 11/15/24 (a) 150,000 154,088
4.75%, 05/30/25 (a) 200,000 200,890
5.00%, 06/15/27 (a) 100,000 99,227
4.75%, 11/29/27 (a) 300,000 292,296
Lowe's Cos., Inc.
4.00%, 04/15/25 (a) 200,000 201,216
3.38%, 09/15/25 (a) 500,000 491,695
2.50%, 04/15/26 (a) 650,000 615,803
3.10%, 05/03/27 (a) 460,000 437,455
1.30%, 04/15/28 (a) 250,000 211,688
6.50%, 03/15/29 301,000 335,121
3.65%, 04/05/29 (a) 472,000 446,498
4.50%, 04/15/30 (a) 400,000 395,988
1.70%, 10/15/30 (a) 400,000 321,644
2.63%, 04/01/31 (a) 500,000 428,920
3.75%, 04/01/32 (a) 500,000 464,425
5.00%, 04/15/40 (a) 350,000 342,023
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.65%, 04/15/42 (a) 150,000 139,826
4.38%, 09/15/45 (a) 300,000 262,713
3.70%, 04/15/46 (a) 250,000 201,408
4.05%, 05/03/47 (a) 550,000 461,472
4.55%, 04/05/49 (a) 300,000 273,801
5.13%, 04/15/50 (a) 250,000 246,120
3.00%, 10/15/50 (a) 300,000 209,559
4.25%, 04/01/52 (a) 300,000 259,959
4.45%, 04/01/62 (a) 500,000 428,020
Magna International, Inc.
3.63%, 06/15/24 (a) 250,000 248,987
4.15%, 10/01/25 (a) 250,000 251,107
2.45%, 06/15/30 (a) 250,000 213,573
Marriott International, Inc.
4.15%, 12/01/23 (a) 150,000 150,708
3.60%, 04/15/24 (a) 200,000 198,344
3.75%, 03/15/25 (a) 100,000 98,918
5.75%, 05/01/25 (a) 250,000 259,525
3.75%, 10/01/25 (a) 250,000 245,672
3.13%, 06/15/26 (a) 300,000 285,717
4.65%, 12/01/28 (a) 150,000 147,395
4.63%, 06/15/30 (a) 400,000 382,432
2.85%, 04/15/31 (a) 200,000 166,020
3.50%, 10/15/32 (a) 475,000 410,025
McDonald's Corp.
3.25%, 06/10/24 150,000 149,736
3.38%, 05/26/25 (a) 300,000 297,519
3.70%, 01/30/26 (a) 600,000 600,198
3.50%, 03/01/27 (a) 350,000 343,031
3.50%, 07/01/27 (a) 300,000 293,976
3.80%, 04/01/28 (a) 350,000 344,071
2.63%, 09/01/29 (a) 400,000 358,948
2.13%, 03/01/30 (a) 250,000 214,533
3.60%, 07/01/30 (a) 350,000 333,403
4.70%, 12/09/35 (a) 350,000 349,646
6.30%, 10/15/37 180,000 206,620
6.30%, 03/01/38 250,000 286,345
5.70%, 02/01/39 183,000 198,601
3.70%, 02/15/42 250,000 211,450
3.63%, 05/01/43 200,000 166,028
4.88%, 12/09/45 (a) 600,000 590,094
4.45%, 03/01/47 (a) 350,000 326,186
4.45%, 09/01/48 (a) 250,000 233,058
3.63%, 09/01/49 (a) 450,000 370,147
4.20%, 04/01/50 (a) 150,000 134,964
MDC Holdings, Inc.
2.50%, 01/15/31 (a) 100,000 74,319
6.00%, 01/15/43 (a) 225,000 185,162
3.97%, 08/06/61 (a) 150,000 86,742
NIKE, Inc.
2.40%, 03/27/25 (a) 300,000 292,944
2.38%, 11/01/26 (a) 300,000 285,732
2.75%, 03/27/27 (a) 350,000 336,934
2.85%, 03/27/30 (a) 500,000 459,330
3.25%, 03/27/40 (a) 350,000 300,240
3.63%, 05/01/43 (a) 100,000 88,730
3.88%, 11/01/45 (a) 300,000 276,276
3.38%, 11/01/46 (a) 150,000 128,943
3.38%, 03/27/50 (a) 500,000 425,880
NVR, Inc.
3.00%, 05/15/30 (a) 250,000 215,135
O'Reilly Automotive, Inc.
3.55%, 03/15/26 (a) 200,000 196,304
3.60%, 09/01/27 (a) 250,000 241,822
4.35%, 06/01/28 (a) 209,000 208,055
 
65
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.90%, 06/01/29 (a) 250,000 237,045
1.75%, 03/15/31 (a) 250,000 198,045
PACCAR Financial Corp.
0.35%, 02/02/24 300,000 286,344
0.50%, 08/09/24 250,000 235,710
2.15%, 08/15/24 50,000 48,743
0.90%, 11/08/24 150,000 141,296
1.80%, 02/06/25 200,000 191,388
PulteGroup, Inc.
5.50%, 03/01/26 (a) 150,000 152,756
5.00%, 01/15/27 (a) 150,000 150,179
7.88%, 06/15/32 25,000 28,507
6.38%, 05/15/33 150,000 154,526
6.00%, 02/15/35 175,000 172,592
PVH Corp.
4.63%, 07/10/25 (a)(c) 250,000 250,075
Ralph Lauren Corp.
3.75%, 09/15/25 (a) 200,000 199,444
2.95%, 06/15/30 (a) 200,000 176,484
Rockefeller Foundation
2.49%, 10/01/50 (a) 250,000 182,440
Ross Stores, Inc.
4.60%, 04/15/25 (a) 200,000 202,542
0.88%, 04/15/26 (a) 150,000 132,989
1.88%, 04/15/31 (a) 150,000 118,880
Starbucks Corp.
3.85%, 10/01/23 (a) 350,000 352,831
2.00%, 03/12/27 (a) 200,000 182,394
3.50%, 03/01/28 (a) 350,000 336,189
4.00%, 11/15/28 (a) 250,000 244,497
3.55%, 08/15/29 (a) 650,000 610,369
2.25%, 03/12/30 (a) 200,000 169,510
2.55%, 11/15/30 (a) 275,000 234,864
3.00%, 02/14/32 (a) 150,000 130,523
4.30%, 06/15/45 (a) 50,000 44,199
3.75%, 12/01/47 (a) 200,000 163,940
4.50%, 11/15/48 (a) 350,000 319,644
4.45%, 08/15/49 (a) 350,000 316,148
3.35%, 03/12/50 (a) 200,000 151,394
3.50%, 11/15/50 (a) 300,000 234,972
Tapestry, Inc.
4.25%, 04/01/25 (a) 100,000 99,941
4.13%, 07/15/27 (a) 250,000 240,772
Target Corp.
3.50%, 07/01/24 300,000 301,017
2.25%, 04/15/25 (a) 500,000 483,320
2.50%, 04/15/26 200,000 192,096
3.38%, 04/15/29 (a) 425,000 409,037
2.35%, 02/15/30 (a) 250,000 221,158
2.65%, 09/15/30 (a) 300,000 269,727
6.50%, 10/15/37 200,000 237,842
4.00%, 07/01/42 450,000 417,906
3.63%, 04/15/46 275,000 238,403
3.90%, 11/15/47 (a) 200,000 179,982
2.95%, 01/15/52 (a) 250,000 189,998
The California Endowment
2.50%, 04/01/51 (a) 100,000 71,902
TJX Cos., Inc.
2.25%, 09/15/26 (a) 400,000 375,820
1.15%, 05/15/28 (a) 100,000 85,148
3.88%, 04/15/30 (a) 350,000 342,310
Toll Brothers Finance Corp.
4.88%, 03/15/27 (a) 250,000 237,962
3.80%, 11/01/29 (a) 200,000 170,990
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Toyota Motor Corp.
3.42%, 07/20/23 250,000 251,145
0.68%, 03/25/24 (a) 500,000 477,355
2.36%, 07/02/24 150,000 147,215
1.34%, 03/25/26 (a) 300,000 273,483
3.67%, 07/20/28 250,000 245,540
2.76%, 07/02/29 150,000 137,277
Toyota Motor Credit Corp.
0.50%, 08/14/23 500,000 485,475
1.35%, 08/25/23 250,000 244,967
3.45%, 09/20/23 250,000 251,170
2.25%, 10/18/23 250,000 246,950
3.35%, 01/08/24 200,000 200,290
0.45%, 01/11/24 300,000 287,481
2.90%, 04/17/24 350,000 346,888
1.45%, 01/13/25 150,000 142,305
1.80%, 02/13/25 500,000 477,445
3.00%, 04/01/25 450,000 442,809
3.95%, 06/30/25 400,000 402,088
0.80%, 10/16/25 400,000 364,284
0.80%, 01/09/26 300,000 271,446
1.13%, 06/18/26 250,000 225,945
3.20%, 01/11/27 650,000 630,948
3.05%, 03/22/27 500,000 480,345
1.15%, 08/13/27 400,000 348,488
3.05%, 01/11/28 250,000 237,232
3.65%, 01/08/29 400,000 388,984
2.15%, 02/13/30 250,000 216,905
3.38%, 04/01/30 350,000 329,931
1.65%, 01/10/31 300,000 243,924
Tractor Supply Co.
1.75%, 11/01/30 (a) 225,000 177,104
VF Corp.
2.40%, 04/23/25 (a) 275,000 264,396
2.80%, 04/23/27 (a) 200,000 187,506
2.95%, 04/23/30 (a) 250,000 219,078
VICI Properties LP
4.75%, 02/15/28 (a) 350,000 334,579
4.95%, 02/15/30 (a) 300,000 284,133
5.13%, 05/15/32 (a) 450,000 425,061
5.63%, 05/15/52 (a) 200,000 182,462
Walgreens Boots Alliance, Inc.
3.80%, 11/18/24 (a) 400,000 398,048
3.45%, 06/01/26 (a) 550,000 535,260
3.20%, 04/15/30 (a) 250,000 220,890
4.50%, 11/18/34 (a) 100,000 92,119
4.65%, 06/01/46 (a) 150,000 129,860
4.10%, 04/15/50 (a) 300,000 237,246
Walmart, Inc.
3.30%, 04/22/24 (a) 300,000 301,092
2.85%, 07/08/24 (a) 400,000 398,124
2.65%, 12/15/24 (a) 400,000 395,856
3.55%, 06/26/25 (a) 300,000 303,027
3.05%, 07/08/26 (a) 100,000 99,253
1.05%, 09/17/26 (a) 100,000 91,173
5.88%, 04/05/27 50,000 55,246
3.70%, 06/26/28 (a) 750,000 747,675
1.50%, 09/22/28 (a) 200,000 175,548
3.25%, 07/08/29 (a) 350,000 337,746
2.38%, 09/24/29 (a) 150,000 136,607
1.80%, 09/22/31 (a) 750,000 637,905
5.25%, 09/01/35 600,000 669,552
6.50%, 08/15/37 100,000 127,172
6.20%, 04/15/38 150,000 183,770
3.95%, 06/28/38 (a) 350,000 339,888
5.00%, 10/25/40 150,000 160,889
 
66
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
5.63%, 04/15/41 150,000 175,041
2.50%, 09/22/41 (a) 350,000 272,352
4.00%, 04/11/43 (a) 225,000 213,471
4.30%, 04/22/44 (a) 200,000 194,542
3.63%, 12/15/47 (a) 150,000 133,319
4.05%, 06/29/48 (a) 650,000 634,751
2.95%, 09/24/49 (a) 350,000 283,332
    120,924,456
Consumer Non-Cyclical 3.6%
Abbott Laboratories
3.40%, 11/30/23 (a) 450,000 452,061
3.88%, 09/15/25 (a) 100,000 101,232
3.75%, 11/30/26 (a) 608,000 612,967
1.15%, 01/30/28 (a) 350,000 305,273
1.40%, 06/30/30 (a) 100,000 83,584
4.75%, 11/30/36 (a) 700,000 744,128
6.00%, 04/01/39 160,000 181,662
5.30%, 05/27/40 200,000 218,484
4.75%, 04/15/43 (a) 250,000 253,837
4.90%, 11/30/46 (a) 1,000,000 1,055,440
AbbVie, Inc.
3.75%, 11/14/23 (a) 250,000 251,035
3.85%, 06/15/24 (a) 300,000 300,036
2.60%, 11/21/24 (a) 1,150,000 1,114,476
3.80%, 03/15/25 (a) 500,000 496,700
3.60%, 05/14/25 (a) 1,200,000 1,184,760
3.20%, 05/14/26 (a) 700,000 674,282
2.95%, 11/21/26 (a) 1,325,000 1,256,484
4.25%, 11/14/28 (a) 590,000 583,917
3.20%, 11/21/29 (a) 1,700,000 1,564,170
4.55%, 03/15/35 (a) 640,000 624,448
4.50%, 05/14/35 (a) 825,000 801,133
4.30%, 05/14/36 (a) 300,000 282,351
4.05%, 11/21/39 (a) 1,300,000 1,160,341
4.63%, 10/01/42 (a) 150,000 139,119
4.40%, 11/06/42 850,000 774,511
4.85%, 06/15/44 (a) 200,000 192,274
4.75%, 03/15/45 (a) 218,000 206,150
4.70%, 05/14/45 (a) 850,000 801,533
4.45%, 05/14/46 (a) 250,000 227,142
4.88%, 11/14/48 (a) 569,000 550,075
4.25%, 11/21/49 (a) 1,800,000 1,597,050
Adventist Health System
2.95%, 03/01/29 (a) 150,000 137,733
Advocate Health & Hospitals Corp.
3.83%, 08/15/28 (a) 100,000 98,690
2.21%, 06/15/30 (a) 250,000 216,070
4.27%, 08/15/48 (a) 89,000 85,764
3.39%, 10/15/49 (a) 200,000 164,268
3.01%, 06/15/50 (a) 50,000 37,888
Agilent Technologies, Inc.
2.75%, 09/15/29 (a) 350,000 307,023
2.30%, 03/12/31 (a) 250,000 203,820
Ahold Finance USA LLC
6.88%, 05/01/29 150,000 167,496
AHS Hospital Corp.
5.02%, 07/01/45 250,000 264,240
Allina Health System
3.89%, 04/15/49 150,000 133,833
2.90%, 11/15/51 (a) 50,000 36,040
Altria Group, Inc.
4.00%, 01/31/24 250,000 250,740
3.80%, 02/14/24 (a)(e) 100,000 99,773
2.35%, 05/06/25 (a) 250,000 235,935
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.40%, 02/14/26 (a) 250,000 244,800
2.63%, 09/16/26 (a) 250,000 229,182
4.80%, 02/14/29 (a) 660,000 626,241
3.40%, 05/06/30 (a) 200,000 170,686
2.45%, 02/04/32 (a) 500,000 377,055
5.80%, 02/14/39 (a) 675,000 616,720
3.40%, 02/04/41 (a) 300,000 199,833
4.25%, 08/09/42 350,000 258,093
4.50%, 05/02/43 300,000 223,980
5.38%, 01/31/44 650,000 560,924
3.88%, 09/16/46 (a) 400,000 270,180
5.95%, 02/14/49 (a) 650,000 570,921
4.45%, 05/06/50 (a) 200,000 144,518
3.70%, 02/04/51 (a) 400,000 257,496
4.00%, 02/04/61 (a) 150,000 99,266
AmerisourceBergen Corp.
3.40%, 05/15/24 (a) 150,000 148,815
3.45%, 12/15/27 (a) 300,000 289,200
2.80%, 05/15/30 (a) 200,000 174,966
2.70%, 03/15/31 (a) 550,000 471,537
4.30%, 12/15/47 (a) 150,000 135,701
Amgen, Inc.
2.25%, 08/19/23 (a) 200,000 197,832
3.63%, 05/22/24 (a) 450,000 449,424
1.90%, 02/21/25 (a) 150,000 143,399
3.13%, 05/01/25 (a) 250,000 245,705
2.60%, 08/19/26 (a) 400,000 378,936
2.20%, 02/21/27 (a) 450,000 413,892
3.20%, 11/02/27 (a) 350,000 335,097
1.65%, 08/15/28 (a) 400,000 343,652
3.00%, 02/22/29 (a) 250,000 230,920
2.45%, 02/21/30 (a) 400,000 349,524
2.30%, 02/25/31 (a) 425,000 361,496
2.00%, 01/15/32 (a) 500,000 407,735
3.35%, 02/22/32 (a) 350,000 320,729
6.38%, 06/01/37 50,000 57,828
6.40%, 02/01/39 50,000 56,641
3.15%, 02/21/40 (a) 700,000 556,059
2.80%, 08/15/41 (a) 400,000 297,648
4.95%, 10/01/41 300,000 295,131
5.15%, 11/15/41 (a) 276,000 274,902
5.65%, 06/15/42 (a) 100,000 105,664
4.40%, 05/01/45 (a) 700,000 637,700
4.56%, 06/15/48 (a) 400,000 367,996
3.38%, 02/21/50 (a) 750,000 576,810
4.66%, 06/15/51 (a) 1,050,000 988,585
3.00%, 01/15/52 (a) 200,000 142,780
4.20%, 02/22/52 (a) 250,000 219,908
2.77%, 09/01/53 (a) 372,000 251,866
4.40%, 02/22/62 (a) 350,000 304,937
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc.
3.65%, 02/01/26 (a) 1,050,000 1,034,512
4.70%, 02/01/36 (a) 1,750,000 1,685,180
4.90%, 02/01/46 (a) 2,900,000 2,737,571
Anheuser-Busch InBev Finance, Inc.
4.70%, 02/01/36 (a) 187,000 179,937
4.00%, 01/17/43 250,000 208,223
4.63%, 02/01/44 300,000 271,965
4.90%, 02/01/46 (a) 450,000 423,157
Anheuser-Busch InBev Worldwide, Inc.
4.00%, 04/13/28 (a) 800,000 790,296
4.75%, 01/23/29 (a) 1,325,000 1,352,017
3.50%, 06/01/30 (a) 500,000 469,500
4.90%, 01/23/31 (a) 250,000 257,005
4.38%, 04/15/38 (a) 125,000 114,703
8.20%, 01/15/39 350,000 455,346
5.45%, 01/23/39 (a) 600,000 610,158
 
67
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.35%, 06/01/40 (a) 350,000 314,786
4.95%, 01/15/42 490,000 467,774
3.75%, 07/15/42 350,000 285,593
4.60%, 04/15/48 (a) 800,000 720,776
4.44%, 10/06/48 (a) 550,000 484,852
5.55%, 01/23/49 (a) 1,250,000 1,278,350
4.50%, 06/01/50 (a) 725,000 652,079
4.75%, 04/15/58 (a) 500,000 451,840
5.80%, 01/23/59 (a) 600,000 627,372
4.60%, 06/01/60 (a) 300,000 263,685
Archer-Daniels-Midland Co.
2.50%, 08/11/26 (a) 500,000 479,150
3.25%, 03/27/30 (a) 450,000 424,318
5.38%, 09/15/35 200,000 219,584
3.75%, 09/15/47 (a) 150,000 136,118
4.50%, 03/15/49 (a) 250,000 251,810
2.70%, 09/15/51 (a) 200,000 147,050
Ascension Health
2.53%, 11/15/29 (a) 120,000 108,496
3.11%, 11/15/39 (a) 200,000 165,376
3.95%, 11/15/46 375,000 348,382
4.85%, 11/15/53 175,000 184,874
Astrazeneca Finance LLC
0.70%, 05/28/24 (a) 650,000 616,934
1.20%, 05/28/26 (a) 350,000 316,515
1.75%, 05/28/28 (a) 350,000 309,001
2.25%, 05/28/31 (a) 100,000 87,123
AstraZeneca PLC
3.50%, 08/17/23 (a) 300,000 301,143
3.38%, 11/16/25 650,000 643,968
0.70%, 04/08/26 (a) 200,000 178,316
3.13%, 06/12/27 (a) 50,000 48,220
4.00%, 01/17/29 (a) 200,000 199,414
1.38%, 08/06/30 (a) 600,000 492,396
6.45%, 09/15/37 800,000 960,432
4.00%, 09/18/42 350,000 323,862
4.38%, 11/16/45 250,000 243,200
4.38%, 08/17/48 (a) 250,000 246,670
2.13%, 08/06/50 (a) 200,000 133,966
3.00%, 05/28/51 (a) 250,000 199,465
Banner Health
2.34%, 01/01/30 (a) 200,000 177,066
3.18%, 01/01/50 (a) 100,000 78,287
2.91%, 01/01/51 (a) 200,000 151,866
Baptist Healthcare System Obligated Group
Series 20B
3.54%, 08/15/50 (a)
200,000 163,990
BAT Capital Corp.
3.22%, 08/15/24 (a) 850,000 827,781
2.79%, 09/06/24 (a) 300,000 289,872
3.22%, 09/06/26 (a) 350,000 326,970
4.70%, 04/02/27 (a) 350,000 342,251
3.56%, 08/15/27 (a) 1,100,000 1,008,018
2.26%, 03/25/28 (a) 200,000 167,604
3.46%, 09/06/29 (a) 200,000 171,758
4.91%, 04/02/30 (a) 400,000 371,940
2.73%, 03/25/31 (a) 250,000 197,675
4.39%, 08/15/37 (a) 700,000 557,690
3.73%, 09/25/40 (a) 250,000 176,860
4.54%, 08/15/47 (a) 750,000 552,277
4.76%, 09/06/49 (a) 325,000 246,308
5.28%, 04/02/50 (a) 175,000 144,694
3.98%, 09/25/50 (a) 300,000 205,662
5.65%, 03/16/52 (a) 200,000 171,894
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
BAT International Finance PLC
1.67%, 03/25/26 (a) 550,000 488,125
4.45%, 03/16/28 (a) 300,000 284,268
Baxalta, Inc.
4.00%, 06/23/25 (a) 200,000 198,596
5.25%, 06/23/45 (a) 173,000 173,868
Baxter International, Inc.
0.87%, 12/01/23 250,000 240,075
1.32%, 11/29/24 450,000 422,797
2.60%, 08/15/26 (a) 200,000 187,534
1.92%, 02/01/27 (a) 500,000 448,205
3.95%, 04/01/30 (a) 250,000 240,157
1.73%, 04/01/31 (a) 400,000 315,488
2.54%, 02/01/32 (a) 550,000 464,288
3.50%, 08/15/46 (a) 200,000 156,910
3.13%, 12/01/51 (a) 150,000 109,362
BayCare Health System, Inc.
Series 2020
3.83%, 11/15/50 (a)
200,000 180,954
Baylor Scott & White Holdings
1.78%, 11/15/30 (a) 50,000 41,124
4.19%, 11/15/45 (a) 350,000 330,988
2.84%, 11/15/50 (a) 250,000 183,870
Becton Dickinson & Co.
3.73%, 12/15/24 (a) 487,000 484,658
3.70%, 06/06/27 (a) 481,000 465,743
2.82%, 05/20/30 (a) 250,000 219,918
1.96%, 02/11/31 (a) 300,000 242,892
4.69%, 12/15/44 (a) 350,000 324,926
4.67%, 06/06/47 (a) 450,000 421,681
3.79%, 05/20/50 (a) 250,000 206,935
Beth Israel Lahey Health, Inc.
3.08%, 07/01/51 (a) 150,000 109,800
Biogen, Inc.
4.05%, 09/15/25 (a) 600,000 594,384
2.25%, 05/01/30 (a) 500,000 410,430
3.15%, 05/01/50 (a) 600,000 412,098
3.25%, 02/15/51 (a) 435,000 305,518
Bio-Rad Laboratories, Inc.
3.70%, 03/15/32 (a) 250,000 222,357
Bon Secours Mercy Health, Inc.
3.46%, 06/01/30 (a) 175,000 163,406
2.10%, 06/01/31 (a) 100,000 82,990
3.21%, 06/01/50 (a) 100,000 75,346
Boston Scientific Corp.
3.45%, 03/01/24 (a) 110,000 109,855
1.90%, 06/01/25 (a) 150,000 141,684
2.65%, 06/01/30 (a) 350,000 305,788
6.75%, 11/15/35 (f) 150,000 173,247
4.55%, 03/01/39 (a) 150,000 140,373
7.38%, 01/15/40 100,000 124,215
4.70%, 03/01/49 (a) 200,000 191,624
Bristol-Myers Squibb Co.
0.54%, 11/13/23 (a) 500,000 483,515
2.90%, 07/26/24 (a) 800,000 793,160
3.88%, 08/15/25 (a) 114,000 114,642
0.75%, 11/13/25 (a) 250,000 228,080
3.20%, 06/15/26 (a) 647,000 639,107
3.25%, 02/27/27 250,000 246,905
1.13%, 11/13/27 (a) 300,000 264,099
3.90%, 02/20/28 (a) 350,000 351,064
3.40%, 07/26/29 (a) 1,075,000 1,039,256
1.45%, 11/13/30 (a) 100,000 82,293
2.95%, 03/15/32 (a) 600,000 551,298
4.13%, 06/15/39 (a) 750,000 718,192
 
68
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.35%, 11/13/40 (a) 300,000 223,224
3.25%, 08/01/42 300,000 246,864
5.00%, 08/15/45 (a) 300,000 314,601
4.35%, 11/15/47 (a) 400,000 382,792
4.55%, 02/20/48 (a) 556,000 546,465
4.25%, 10/26/49 (a) 1,200,000 1,130,616
2.55%, 11/13/50 (a) 200,000 141,810
3.70%, 03/15/52 (a) 650,000 562,952
3.90%, 03/15/62 (a) 325,000 280,657
Brown-Forman Corp.
4.00%, 04/15/38 (a) 150,000 136,220
4.50%, 07/15/45 (a) 150,000 139,398
Brunswick Corp.
0.85%, 08/18/24 (a) 225,000 207,941
2.40%, 08/18/31 (a) 200,000 148,192
5.10%, 04/01/52 (a) 150,000 112,353
Bunge Ltd. Finance Corp.
1.63%, 08/17/25 (a) 200,000 184,370
3.75%, 09/25/27 (a) 400,000 385,144
2.75%, 05/14/31 (a) 250,000 206,515
Campbell Soup Co.
3.95%, 03/15/25 (a) 250,000 249,612
4.15%, 03/15/28 (a) 400,000 391,984
2.38%, 04/24/30 (a) 250,000 211,285
4.80%, 03/15/48 (a) 225,000 210,778
3.13%, 04/24/50 (a) 25,000 17,857
Cardinal Health, Inc.
3.08%, 06/15/24 (a) 272,000 267,830
3.50%, 11/15/24 (a) 200,000 198,420
3.75%, 09/15/25 (a) 250,000 247,342
3.41%, 06/15/27 (a) 400,000 385,012
4.60%, 03/15/43 150,000 129,924
4.90%, 09/15/45 (a) 150,000 136,974
4.37%, 06/15/47 (a) 100,000 85,113
Catholic Health Services of Long Island Obligated Group
3.37%, 07/01/50 (a) 175,000 129,939
Cedars-Sinai Health System
2.29%, 08/15/31 (a) 100,000 85,775
Children's Health System of Texas
2.51%, 08/15/50 (a) 200,000 139,156
Children's Hospital
2.93%, 07/15/50 (a) 150,000 107,816
Children's Hospital Corp.
4.12%, 01/01/47 (a) 150,000 140,822
2.59%, 02/01/50 (a) 120,000 83,905
Children's Hospital Medical Center
4.27%, 05/15/44 150,000 143,354
Children's Hospital of Philadelphia
2.70%, 07/01/50 (a) 150,000 104,678
CHRISTUS Health
4.34%, 07/01/28 (a) 150,000 150,689
Church & Dwight Co., Inc.
3.15%, 08/01/27 (a) 350,000 335,552
5.00%, 06/15/52 (a) 150,000 154,013
Cigna Corp.
3.00%, 07/15/23 (a) 285,000 283,099
3.75%, 07/15/23 (a) 443,000 443,585
0.61%, 03/15/24 (a) 75,000 71,452
3.25%, 04/15/25 (a) 400,000 392,536
4.13%, 11/15/25 (a) 750,000 752,490
4.50%, 02/25/26 (a) 385,000 390,425
1.25%, 03/15/26 (a) 150,000 135,465
3.40%, 03/01/27 (a) 435,000 418,374
3.05%, 10/15/27 (a) 191,000 179,926
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.38%, 10/15/28 (a) 1,000,000 992,220
2.40%, 03/15/30 (a) 500,000 430,255
2.38%, 03/15/31 (a) 500,000 422,845
4.80%, 08/15/38 (a) 650,000 633,464
3.20%, 03/15/40 (a) 250,000 199,888
6.13%, 11/15/41 145,000 160,224
4.80%, 07/15/46 (a) 430,000 410,151
3.88%, 10/15/47 (a) 314,000 259,706
4.90%, 12/15/48 (a) 850,000 816,833
3.40%, 03/15/50 (a) 400,000 306,292
3.40%, 03/15/51 (a) 475,000 366,477
City of Hope
5.62%, 11/15/43 195,000 211,743
Cleveland Clinic Foundation
4.86%, 01/01/14 150,000 145,011
Clorox Co.
3.10%, 10/01/27 (a) 100,000 95,651
3.90%, 05/15/28 (a) 450,000 441,742
4.40%, 05/01/29 (a) 150,000 149,960
Coca-Cola Co.
1.75%, 09/06/24 350,000 342,062
3.38%, 03/25/27 400,000 396,600
1.45%, 06/01/27 500,000 452,875
1.00%, 03/15/28 500,000 431,545
2.13%, 09/06/29 300,000 267,942
3.45%, 03/25/30 700,000 679,602
1.65%, 06/01/30 250,000 212,025
2.00%, 03/05/31 200,000 172,262
1.38%, 03/15/31 400,000 326,048
2.25%, 01/05/32 500,000 436,155
2.50%, 06/01/40 500,000 394,080
4.20%, 03/25/50 250,000 246,445
2.60%, 06/01/50 400,000 299,204
3.00%, 03/05/51 350,000 283,251
2.50%, 03/15/51 500,000 364,630
2.75%, 06/01/60 350,000 253,312
Coca-Cola Consolidated, Inc.
3.80%, 11/25/25 (a) 150,000 149,648
Coca-Cola Femsa S.A.B. de C.V.
2.75%, 01/22/30 (a) 350,000 314,398
1.85%, 09/01/32 (a) 300,000 234,492
5.25%, 11/26/43 200,000 202,252
Colgate-Palmolive Co.
3.25%, 03/15/24 150,000 150,263
3.70%, 08/01/47 (a) 377,000 342,459
CommonSpirit Health
2.76%, 10/01/24 (a) 300,000 292,422
3.35%, 10/01/29 (a) 350,000 322,577
4.35%, 11/01/42 250,000 225,325
3.82%, 10/01/49 (a) 250,000 209,670
4.19%, 10/01/49 (a) 300,000 253,734
3.91%, 10/01/50 (a) 225,000 180,324
Community Health Network, Inc.
3.10%, 05/01/50 (a) 175,000 131,878
Conagra Brands, Inc.
4.30%, 05/01/24 (a) 360,000 361,534
4.60%, 11/01/25 (a) 350,000 351,967
1.38%, 11/01/27 (a) 350,000 292,348
7.00%, 10/01/28 50,000 53,930
4.85%, 11/01/28 (a) 400,000 394,652
8.25%, 09/15/30 150,000 175,997
5.30%, 11/01/38 (a) 350,000 331,065
5.40%, 11/01/48 (a) 300,000 283,875
 
69
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Constellation Brands, Inc.
4.75%, 11/15/24 150,000 152,241
4.40%, 11/15/25 (a) 250,000 251,597
4.75%, 12/01/25 200,000 203,526
3.70%, 12/06/26 (a) 200,000 195,050
3.60%, 02/15/28 (a) 100,000 94,919
4.65%, 11/15/28 (a) 250,000 247,652
3.15%, 08/01/29 (a) 300,000 270,555
2.88%, 05/01/30 (a) 550,000 479,039
4.75%, 05/09/32 (a) 200,000 197,802
4.50%, 05/09/47 (a) 175,000 155,890
4.10%, 02/15/48 (a) 150,000 127,343
5.25%, 11/15/48 (a) 200,000 198,714
Cottage Health Obligated Group
3.30%, 11/01/49 (a) 200,000 158,534
CVS Health Corp.
3.38%, 08/12/24 (a) 250,000 249,012
2.63%, 08/15/24 (a) 300,000 293,592
4.10%, 03/25/25 (a) 300,000 302,292
3.88%, 07/20/25 (a) 950,000 946,428
2.88%, 06/01/26 (a) 600,000 572,250
3.00%, 08/15/26 (a) 250,000 239,612
3.63%, 04/01/27 (a) 250,000 243,650
6.25%, 06/01/27 200,000 215,010
1.30%, 08/21/27 (a) 350,000 301,710
4.30%, 03/25/28 (a) 1,572,000 1,558,198
3.25%, 08/15/29 (a) 500,000 457,025
3.75%, 04/01/30 (a) 400,000 374,500
1.75%, 08/21/30 (a) 100,000 80,321
1.88%, 02/28/31 (a) 400,000 320,836
2.13%, 09/15/31 (a) 400,000 324,248
4.88%, 07/20/35 (a) 250,000 247,492
4.78%, 03/25/38 (a) 1,575,000 1,492,454
6.13%, 09/15/39 150,000 162,524
4.13%, 04/01/40 (a) 350,000 305,805
2.70%, 08/21/40 (a) 400,000 288,692
5.30%, 12/05/43 (a) 250,000 249,000
5.13%, 07/20/45 (a) 950,000 918,336
5.05%, 03/25/48 (a) 2,400,000 2,299,752
4.25%, 04/01/50 (a) 250,000 215,610
Danaher Corp.
3.35%, 09/15/25 (a) 150,000 147,957
4.38%, 09/15/45 (a) 50,000 46,580
2.60%, 10/01/50 (a) 250,000 174,730
2.80%, 12/10/51 (a) 250,000 180,760
Dartmouth-Hitchcock Health
4.18%, 08/01/48 (a) 150,000 135,879
DENTSPLY SIRONA, Inc.
3.25%, 06/01/30 (a) 200,000 168,982
DH Europe Finance II Sarl
2.20%, 11/15/24 (a) 200,000 192,212
2.60%, 11/15/29 (a) 250,000 224,332
3.25%, 11/15/39 (a) 450,000 374,494
3.40%, 11/15/49 (a) 350,000 284,000
Diageo Capital PLC
2.13%, 10/24/24 (a) 200,000 193,268
1.38%, 09/29/25 (a) 300,000 280,197
3.88%, 05/18/28 (a) 250,000 248,647
2.38%, 10/24/29 (a) 200,000 177,572
2.00%, 04/29/30 (a) 450,000 384,912
2.13%, 04/29/32 (a) 250,000 208,668
5.88%, 09/30/36 400,000 450,552
3.88%, 04/29/43 (a) 50,000 45,059
Diageo Investment Corp.
4.25%, 05/11/42 100,000 94,749
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Dignity Health
4.50%, 11/01/42 100,000 91,846
5.27%, 11/01/64 100,000 97,394
Duke University Health System, Inc.
3.92%, 06/01/47 (a) 200,000 182,606
Edwards Lifesciences Corp.
4.30%, 06/15/28 (a) 250,000 244,280
Eli Lilly & Co.
2.75%, 06/01/25 (a) 50,000 49,255
3.10%, 05/15/27 (a) 250,000 243,692
3.38%, 03/15/29 (a) 350,000 341,288
3.70%, 03/01/45 (a) 50,000 46,096
3.95%, 05/15/47 (a) 100,000 96,338
3.95%, 03/15/49 (a) 350,000 338,156
2.25%, 05/15/50 (a) 450,000 318,402
4.15%, 03/15/59 (a) 225,000 217,166
2.50%, 09/15/60 (a) 300,000 206,967
Estee Lauder Cos., Inc.
2.00%, 12/01/24 (a) 100,000 97,033
3.15%, 03/15/27 (a) 250,000 243,325
2.38%, 12/01/29 (a) 200,000 178,238
2.60%, 04/15/30 (a) 250,000 224,822
4.38%, 06/15/45 (a) 150,000 142,106
4.15%, 03/15/47 (a) 250,000 233,485
3.13%, 12/01/49 (a) 300,000 239,190
Flowers Foods, Inc.
2.40%, 03/15/31 (a) 200,000 164,380
Fomento Economico Mexicano S.A.B. de C.V.
4.38%, 05/10/43 250,000 225,972
3.50%, 01/16/50 (a) 800,000 619,744
Franciscan Missionaries of Our Lady Health System, Inc.
3.91%, 07/01/49 (a) 50,000 43,580
General Mills, Inc.
3.65%, 02/15/24 (a) 200,000 201,394
4.00%, 04/17/25 (a) 400,000 400,160
3.20%, 02/10/27 (a) 300,000 288,483
4.20%, 04/17/28 (a) 325,000 322,371
2.88%, 04/15/30 (a) 350,000 309,928
4.70%, 04/17/48 (a) 50,000 47,770
3.00%, 02/01/51 (a) 401,000 292,108
Gilead Sciences, Inc.
2.50%, 09/01/23 (a) 250,000 247,655
0.75%, 09/29/23 (a) 412,000 398,952
3.70%, 04/01/24 (a) 600,000 600,978
3.50%, 02/01/25 (a) 600,000 593,748
3.65%, 03/01/26 (a) 700,000 689,752
2.95%, 03/01/27 (a) 350,000 331,597
1.20%, 10/01/27 (a) 400,000 344,628
4.60%, 09/01/35 (a) 550,000 545,550
4.00%, 09/01/36 (a) 300,000 280,161
5.65%, 12/01/41 (a) 200,000 214,642
4.80%, 04/01/44 (a) 650,000 631,033
4.50%, 02/01/45 (a) 400,000 370,908
4.75%, 03/01/46 (a) 650,000 624,286
4.15%, 03/01/47 (a) 625,000 553,244
2.80%, 10/01/50 (a) 500,000 350,620
GlaxoSmithKline Capital PLC
0.53%, 10/01/23 (a) 350,000 338,408
3.00%, 06/01/24 (a) 300,000 297,690
3.38%, 06/01/29 (a) 250,000 241,485
GlaxoSmithKline Capital, Inc.
3.63%, 05/15/25 350,000 351,246
3.88%, 05/15/28 500,000 498,185
5.38%, 04/15/34 180,000 197,710
 
70
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
6.38%, 05/15/38 775,000 928,527
4.20%, 03/18/43 175,000 165,286
GSK Consumer Healthcare Capital UK PLC
3.13%, 03/24/25 (c) 500,000 487,945
GSK Consumer Healthcare Capital US LLC
3.02%, 03/24/24 (a)(c) 250,000 246,602
3.38%, 03/24/27 (a)(c) 500,000 478,615
3.38%, 03/24/29 (a)(c) 300,000 281,013
3.63%, 03/24/32 (a)(c) 700,000 646,317
4.00%, 03/24/52 (a)(c) 300,000 259,032
Hackensack Meridian Health, Inc.
2.68%, 09/01/41 (a) 250,000 190,518
4.21%, 07/01/48 (a) 100,000 93,308
4.50%, 07/01/57 (a) 150,000 144,818
Hartford HealthCare Corp.
3.45%, 07/01/54 150,000 122,091
Hasbro, Inc.
3.00%, 11/19/24 (a) 150,000 146,220
3.55%, 11/19/26 (a) 200,000 191,242
3.50%, 09/15/27 (a) 100,000 94,479
3.90%, 11/19/29 (a) 200,000 183,926
6.35%, 03/15/40 200,000 206,092
5.10%, 05/15/44 (a) 150,000 135,818
HCA, Inc.
5.00%, 03/15/24 700,000 703,325
5.38%, 02/01/25 750,000 748,965
5.25%, 04/15/25 500,000 501,470
5.88%, 02/15/26 (a) 500,000 503,665
5.25%, 06/15/26 (a) 250,000 248,885
5.38%, 09/01/26 (a) 250,000 248,070
4.50%, 02/15/27 (a) 500,000 481,410
3.13%, 03/15/27 (a)(c) 250,000 228,647
5.63%, 09/01/28 (a) 500,000 492,535
5.88%, 02/01/29 (a) 250,000 250,477
3.38%, 03/15/29 (a)(c) 250,000 219,943
4.13%, 06/15/29 (a) 650,000 593,677
3.50%, 09/01/30 (a) 750,000 640,192
3.63%, 03/15/32 (a)(c) 500,000 422,705
5.13%, 06/15/39 (a) 400,000 350,860
4.38%, 03/15/42 (a)(c) 250,000 200,530
5.50%, 06/15/47 (a) 400,000 359,672
5.25%, 06/15/49 (a) 700,000 605,066
3.50%, 07/15/51 (a) 500,000 345,510
4.63%, 03/15/52 (a)(c) 500,000 400,275
Hershey Co.
0.90%, 06/01/25 (a) 200,000 185,534
2.30%, 08/15/26 (a) 310,000 294,732
2.45%, 11/15/29 (a) 100,000 89,771
3.13%, 11/15/49 (a) 150,000 119,070
2.65%, 06/01/50 (a) 250,000 184,033
Hormel Foods Corp.
0.65%, 06/03/24 (a) 300,000 285,948
1.70%, 06/03/28 (a) 150,000 132,626
1.80%, 06/11/30 (a) 250,000 209,908
3.05%, 06/03/51 (a) 250,000 192,183
Hospital Special Surgery
Series 2020
2.67%, 10/01/50 (a)
150,000 106,598
IHC Health Services, Inc.
4.13%, 05/15/48 (a) 100,000 94,324
Illumina, Inc.
2.55%, 03/23/31 (a) 225,000 183,161
Indiana University Health, Inc. Obligated Group
3.97%, 11/01/48 (a) 190,000 171,944
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Ingredion, Inc.
3.20%, 10/01/26 (a) 150,000 143,670
2.90%, 06/01/30 (a) 250,000 217,548
3.90%, 06/01/50 (a) 100,000 81,106
Integris Baptist Medical Center, Inc.
3.88%, 08/15/50 (a) 200,000 170,534
Iowa Health System
Series 2020
3.67%, 02/15/50 (a)
150,000 123,806
JM Smucker Co.
3.50%, 03/15/25 350,000 345,579
2.38%, 03/15/30 (a) 250,000 212,745
2.13%, 03/15/32 (a) 200,000 161,038
4.25%, 03/15/35 250,000 231,320
4.38%, 03/15/45 200,000 175,128
3.55%, 03/15/50 (a) 100,000 75,446
Johnson & Johnson
3.38%, 12/05/23 250,000 251,675
2.63%, 01/15/25 (a) 320,000 316,416
0.55%, 09/01/25 (a) 450,000 415,462
2.45%, 03/01/26 (a) 600,000 583,524
2.95%, 03/03/27 (a) 400,000 391,332
0.95%, 09/01/27 (a) 600,000 529,212
2.90%, 01/15/28 (a) 350,000 338,583
6.95%, 09/01/29 100,000 123,851
1.30%, 09/01/30 (a) 400,000 337,540
4.95%, 05/15/33 100,000 108,949
4.38%, 12/05/33 (a) 100,000 103,483
3.55%, 03/01/36 (a) 117,000 111,074
3.63%, 03/03/37 (a) 550,000 523,314
3.40%, 01/15/38 (a) 350,000 315,787
5.85%, 07/15/38 382,000 442,738
2.10%, 09/01/40 (a) 400,000 293,272
4.50%, 09/01/40 50,000 50,734
4.85%, 05/15/41 150,000 158,528
4.50%, 12/05/43 (a) 200,000 201,844
3.70%, 03/01/46 (a) 775,000 716,549
3.75%, 03/03/47 (a) 200,000 185,868
3.50%, 01/15/48 (a) 50,000 44,852
2.25%, 09/01/50 (a) 450,000 315,481
2.45%, 09/01/60 (a) 550,000 374,418
Kaiser Foundation Hospitals
3.15%, 05/01/27 (a) 350,000 340,732
2.81%, 06/01/41 (a) 400,000 307,824
4.88%, 04/01/42 50,000 51,109
4.15%, 05/01/47 (a) 275,000 257,260
3.27%, 11/01/49 (a) 550,000 435,292
3.00%, 06/01/51 (a) 400,000 299,336
Kellogg Co.
2.65%, 12/01/23 350,000 346,878
4.30%, 05/15/28 (a) 350,000 349,643
2.10%, 06/01/30 (a) 250,000 207,730
7.45%, 04/01/31 50,000 57,875
4.50%, 04/01/46 231,000 213,167
Keurig Dr Pepper, Inc.
3.13%, 12/15/23 (a) 150,000 149,732
4.42%, 05/25/25 (a) 550,000 555,390
3.40%, 11/15/25 (a) 200,000 195,604
2.55%, 09/15/26 (a) 250,000 233,042
3.43%, 06/15/27 (a) 200,000 191,274
4.60%, 05/25/28 (a) 500,000 500,805
3.20%, 05/01/30 (a) 300,000 268,521
2.25%, 03/15/31 (a) 250,000 205,905
4.50%, 11/15/45 (a) 250,000 221,927
4.42%, 12/15/46 (a) 200,000 177,742
 
71
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.80%, 05/01/50 (a) 250,000 199,090
4.50%, 04/15/52 (a) 400,000 352,948
Kimberly-Clark Corp.
2.75%, 02/15/26 150,000 146,027
1.05%, 09/15/27 (a) 300,000 262,014
3.95%, 11/01/28 (a) 200,000 199,604
3.20%, 04/25/29 (a) 300,000 286,491
3.10%, 03/26/30 (a) 200,000 187,934
6.63%, 08/01/37 300,000 366,096
5.30%, 03/01/41 300,000 317,562
3.20%, 07/30/46 (a) 100,000 80,644
Koninklijke Ahold Delhaize N.V.
5.70%, 10/01/40 173,000 182,415
Koninklijke Philips N.V.
6.88%, 03/11/38 267,000 306,233
5.00%, 03/15/42 150,000 145,335
Kraft Heinz Foods Co.
3.00%, 06/01/26 (a) 500,000 472,675
3.88%, 05/15/27 (a) 400,000 387,264
4.63%, 01/30/29 (a) 200,000 197,914
3.75%, 04/01/30 (a) 250,000 231,227
5.00%, 07/15/35 (a) 250,000 242,650
6.88%, 01/26/39 275,000 302,547
4.63%, 10/01/39 (a) 175,000 153,475
6.50%, 02/09/40 250,000 267,925
5.00%, 06/04/42 500,000 458,085
5.20%, 07/15/45 (a) 500,000 464,155
4.38%, 06/01/46 (a) 850,000 708,594
4.88%, 10/01/49 (a) 475,000 421,073
5.50%, 06/01/50 (a) 250,000 241,402
Kroger Co.
4.00%, 02/01/24 (a) 450,000 452,722
2.65%, 10/15/26 (a) 200,000 187,522
4.50%, 01/15/29 (a) 200,000 199,032
2.20%, 05/01/30 (a) 250,000 211,148
1.70%, 01/15/31 (a) 200,000 159,460
7.50%, 04/01/31 100,000 119,042
6.90%, 04/15/38 140,000 163,621
5.40%, 07/15/40 (a) 50,000 50,724
5.00%, 04/15/42 (a) 100,000 97,053
5.15%, 08/01/43 (a) 67,000 66,069
3.88%, 10/15/46 (a) 100,000 83,164
4.45%, 02/01/47 (a) 350,000 317,950
4.65%, 01/15/48 (a) 200,000 186,964
5.40%, 01/15/49 (a) 200,000 209,336
3.95%, 01/15/50 (a) 270,000 229,027
Laboratory Corp. of America Holdings
3.25%, 09/01/24 (a) 600,000 591,492
2.30%, 12/01/24 (a) 250,000 239,517
3.60%, 02/01/25 (a) 150,000 147,917
2.95%, 12/01/29 (a) 100,000 88,018
2.70%, 06/01/31 (a) 250,000 210,523
4.70%, 02/01/45 (a) 300,000 267,879
Mass General Brigham, Inc.
3.77%, 07/01/48 (a) 100,000 87,862
3.19%, 07/01/49 (a) 100,000 78,628
4.12%, 07/01/55 100,000 90,520
3.34%, 07/01/60 (a) 150,000 112,695
Mayo Clinic
3.77%, 11/15/43 100,000 90,015
4.13%, 11/15/52 250,000 238,765
McCormick & Co., Inc.
3.15%, 08/15/24 (a) 250,000 245,430
0.90%, 02/15/26 (a) 150,000 133,173
3.40%, 08/15/27 (a) 250,000 239,045
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.50%, 04/15/30 (a) 200,000 171,024
4.20%, 08/15/47 (a) 150,000 136,383
McKesson Corp.
3.80%, 03/15/24 (a) 300,000 300,795
0.90%, 12/03/25 (a) 250,000 225,317
3.95%, 02/16/28 (a) 200,000 195,164
McLaren Health Care Corp.
Series A
4.39%, 05/15/48 (a)
150,000 143,508
Mead Johnson Nutrition Co.
4.13%, 11/15/25 (a) 200,000 201,450
5.90%, 11/01/39 150,000 168,219
4.60%, 06/01/44 (a) 200,000 194,902
MedStar Health, Inc.
3.63%, 08/15/49 125,000 103,548
Medtronic, Inc.
4.38%, 03/15/35 650,000 650,097
4.63%, 03/15/45 600,000 603,444
Memorial Health Services
3.45%, 11/01/49 (a) 150,000 123,720
Memorial Sloan-Kettering Cancer Center
5.00%, 07/01/42 30,000 31,276
2.96%, 01/01/50 (a) 100,000 76,144
4.13%, 07/01/52 200,000 187,498
4.20%, 07/01/55 200,000 183,690
Merck & Co., Inc.
2.75%, 02/10/25 (a) 1,150,000 1,135,498
0.75%, 02/24/26 (a) 100,000 90,731
1.70%, 06/10/27 (a) 500,000 454,775
3.40%, 03/07/29 (a) 600,000 581,358
1.45%, 06/24/30 (a) 450,000 373,923
2.15%, 12/10/31 (a) 700,000 603,029
6.50%, 12/01/33 (f) 350,000 423,773
3.90%, 03/07/39 (a) 350,000 331,317
2.35%, 06/24/40 (a) 300,000 226,293
3.60%, 09/15/42 (a) 200,000 175,628
4.15%, 05/18/43 400,000 379,908
3.70%, 02/10/45 (a) 625,000 550,125
4.00%, 03/07/49 (a) 450,000 417,843
2.45%, 06/24/50 (a) 400,000 282,592
2.75%, 12/10/51 (a) 625,000 463,719
2.90%, 12/10/61 (a) 475,000 338,794
Merck Sharp & Dohme Corp.
5.95%, 12/01/28 50,000 55,215
Methodist Hospital
2.71%, 12/01/50 (a) 225,000 159,041
MidMichigan Health
3.41%, 06/01/50 (a) 150,000 121,182
Molson Coors Beverage Co.
3.00%, 07/15/26 (a) 590,000 555,615
5.00%, 05/01/42 350,000 322,213
4.20%, 07/15/46 (a) 575,000 471,437
Mondelez International, Inc.
1.50%, 05/04/25 (a) 250,000 233,690
2.63%, 03/17/27 (a) 250,000 234,137
2.75%, 04/13/30 (a) 425,000 373,673
1.50%, 02/04/31 (a) 200,000 157,322
3.00%, 03/17/32 (a) 250,000 218,885
1.88%, 10/15/32 (a) 250,000 194,908
2.63%, 09/04/50 (a) 250,000 169,948
Montefiore Obligated Group
5.25%, 11/01/48 150,000 128,204
4.29%, 09/01/50 125,000 91,596
 
72
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Mount Sinai Hospitals Group, Inc.
3.98%, 07/01/48 100,000 88,490
3.74%, 07/01/49 (a) 150,000 126,792
3.39%, 07/01/50 (a) 150,000 115,371
MultiCare Health System
2.80%, 08/15/50 (a) 150,000 108,323
Mylan, Inc.
4.55%, 04/15/28 (a) 250,000 238,542
5.40%, 11/29/43 (a) 150,000 126,177
5.20%, 04/15/48 (a) 250,000 200,533
New York and Presbyterian Hospital
2.26%, 08/01/40 (a) 150,000 108,023
4.02%, 08/01/45 100,000 91,952
4.06%, 08/01/56 100,000 91,854
2.61%, 08/01/60 (a) 100,000 64,331
3.95%, 08/01/19 (a) 200,000 155,046
Northwell Healthcare, Inc.
3.98%, 11/01/46 (a) 175,000 151,506
4.26%, 11/01/47 (a) 250,000 226,912
3.81%, 11/01/49 (a) 150,000 125,502
Novant Health, Inc.
2.64%, 11/01/36 (a) 200,000 161,834
3.32%, 11/01/61 (a) 250,000 191,930
Novartis Capital Corp.
3.40%, 05/06/24 350,000 351,746
1.75%, 02/14/25 (a) 350,000 337,925
3.00%, 11/20/25 (a) 550,000 542,960
2.00%, 02/14/27 (a) 490,000 456,410
3.10%, 05/17/27 (a) 350,000 341,736
2.20%, 08/14/30 (a) 550,000 485,606
3.70%, 09/21/42 150,000 136,514
4.40%, 05/06/44 575,000 574,845
4.00%, 11/20/45 (a) 400,000 372,884
2.75%, 08/14/50 (a) 350,000 272,639
NYU Langone Hospitals
5.75%, 07/01/43 125,000 139,804
4.78%, 07/01/44 100,000 98,786
4.37%, 07/01/47 (a) 180,000 164,828
3.38%, 07/01/55 (a) 150,000 113,895
OhioHealth Corp.
2.30%, 11/15/31 (a) 150,000 129,257
2.83%, 11/15/41 (a) 50,000 38,866
3.04%, 11/15/50 (a) 150,000 115,973
Orlando Health Obligated Group
4.09%, 10/01/48 (a) 100,000 90,185
3.33%, 10/01/50 (a) 150,000 120,029
PeaceHealth Obligated Group
1.38%, 11/15/25 (a) 150,000 138,377
4.79%, 11/15/48 (a) 100,000 99,767
3.22%, 11/15/50 (a) 150,000 114,233
PepsiCo, Inc.
0.40%, 10/07/23 300,000 291,096
3.60%, 03/01/24 (a) 550,000 553,624
2.25%, 03/19/25 (a) 550,000 535,826
2.75%, 04/30/25 (a) 300,000 295,656
3.50%, 07/17/25 (a) 100,000 100,502
2.38%, 10/06/26 (a) 300,000 288,330
2.63%, 03/19/27 (a) 250,000 239,937
3.00%, 10/15/27 (a) 500,000 487,155
2.63%, 07/29/29 (a) 400,000 370,792
2.75%, 03/19/30 (a) 500,000 460,805
1.63%, 05/01/30 (a) 225,000 191,061
1.40%, 02/25/31 (a) 200,000 164,460
1.95%, 10/21/31 (a) 400,000 341,248
3.50%, 03/19/40 (a) 300,000 268,602
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.00%, 03/05/42 250,000 235,485
3.60%, 08/13/42 245,000 218,383
4.45%, 04/14/46 (a) 350,000 354,760
3.45%, 10/06/46 (a) 400,000 345,732
4.00%, 05/02/47 (a) 150,000 143,055
3.38%, 07/29/49 (a) 250,000 215,195
2.88%, 10/15/49 (a) 250,000 198,723
3.63%, 03/19/50 (a) 300,000 272,664
3.88%, 03/19/60 (a) 250,000 233,705
PerkinElmer, Inc.
0.55%, 09/15/23 (a) 250,000 240,930
1.90%, 09/15/28 (a) 250,000 208,520
3.30%, 09/15/29 (a) 250,000 220,260
2.25%, 09/15/31 (a) 250,000 198,015
3.63%, 03/15/51 (a) 150,000 113,696
Pfizer, Inc.
3.20%, 09/15/23 (a) 350,000 351,074
2.95%, 03/15/24 (a) 268,000 266,915
3.40%, 05/15/24 250,000 251,495
0.80%, 05/28/25 (a) 350,000 326,676
2.75%, 06/03/26 400,000 390,052
3.00%, 12/15/26 650,000 636,155
3.60%, 09/15/28 (a) 250,000 248,972
3.45%, 03/15/29 (a) 500,000 487,135
2.63%, 04/01/30 (a) 500,000 456,775
1.70%, 05/28/30 (a) 250,000 213,418
4.00%, 12/15/36 250,000 244,020
4.10%, 09/15/38 (a) 200,000 193,504
3.90%, 03/15/39 (a) 300,000 283,812
7.20%, 03/15/39 650,000 852,501
2.55%, 05/28/40 (a) 250,000 197,190
5.60%, 09/15/40 200,000 224,486
4.30%, 06/15/43 150,000 145,383
4.40%, 05/15/44 350,000 344,155
4.13%, 12/15/46 550,000 529,991
4.20%, 09/15/48 (a) 300,000 292,671
4.00%, 03/15/49 (a) 250,000 235,802
2.70%, 05/28/50 (a) 250,000 191,908
Pharmacia LLC
6.60%, 12/01/28 200,000 226,256
Philip Morris International, Inc.
2.88%, 05/01/24 (a) 200,000 197,776
1.50%, 05/01/25 (a) 200,000 187,366
3.38%, 08/11/25 (a) 150,000 147,774
2.75%, 02/25/26 (a) 330,000 315,463
0.88%, 05/01/26 (a) 250,000 221,577
3.13%, 08/17/27 (a) 50,000 46,985
3.13%, 03/02/28 (a) 250,000 228,745
3.38%, 08/15/29 (a) 250,000 225,715
2.10%, 05/01/30 (a) 300,000 245,502
1.75%, 11/01/30 (a) 250,000 193,918
6.38%, 05/16/38 400,000 421,384
4.38%, 11/15/41 250,000 209,263
4.50%, 03/20/42 250,000 213,793
3.88%, 08/21/42 250,000 196,283
4.13%, 03/04/43 300,000 242,640
4.88%, 11/15/43 175,000 156,335
4.25%, 11/10/44 400,000 326,468
Piedmont Healthcare, Inc.
2.04%, 01/01/32 (a) 150,000 123,974
Procter & Gamble Co.
0.55%, 10/29/25 500,000 460,545
2.70%, 02/02/26 400,000 393,448
1.00%, 04/23/26 250,000 230,030
2.45%, 11/03/26 350,000 337,043
2.80%, 03/25/27 200,000 193,702
 
73
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.85%, 08/11/27 500,000 485,030
3.00%, 03/25/30 500,000 472,160
1.20%, 10/29/30 250,000 204,660
1.95%, 04/23/31 400,000 346,312
5.80%, 08/15/34 250,000 290,590
3.55%, 03/25/40 300,000 273,519
3.50%, 10/25/47 200,000 178,402
3.60%, 03/25/50 150,000 137,652
Providence St Joseph Health Obligated Group
2.53%, 10/01/29 (a) 300,000 266,163
3.74%, 10/01/47 112,000 96,459
3.93%, 10/01/48 (a) 125,000 110,130
2.70%, 10/01/51 (a) 250,000 169,125
Quest Diagnostics, Inc.
3.50%, 03/30/25 (a) 300,000 295,341
3.45%, 06/01/26 (a) 100,000 97,495
4.20%, 06/30/29 (a) 100,000 97,263
2.95%, 06/30/30 (a) 300,000 264,636
2.80%, 06/30/31 (a) 150,000 128,912
4.70%, 03/30/45 (a) 100,000 90,762
Regeneron Pharmaceuticals, Inc.
1.75%, 09/15/30 (a) 450,000 361,426
2.80%, 09/15/50 (a) 250,000 170,218
Reynolds American, Inc.
4.45%, 06/12/25 (a) 750,000 747,382
5.70%, 08/15/35 (a) 300,000 280,803
7.25%, 06/15/37 225,000 235,966
6.15%, 09/15/43 200,000 182,876
5.85%, 08/15/45 (a) 725,000 616,736
Royalty Pharma PLC
0.75%, 09/02/23 300,000 288,924
1.20%, 09/02/25 (a) 350,000 313,659
1.75%, 09/02/27 (a) 350,000 298,767
2.20%, 09/02/30 (a) 350,000 282,628
2.15%, 09/02/31 (a) 200,000 156,416
3.30%, 09/02/40 (a) 350,000 259,122
3.55%, 09/02/50 (a) 150,000 104,841
3.35%, 09/02/51 (a) 250,000 169,828
Rush Obligated Group
3.92%, 11/15/29 (a) 150,000 144,503
RWJ Barnabas Health, Inc.
3.95%, 07/01/46 (a) 225,000 199,136
3.48%, 07/01/49 (a) 50,000 41,242
Sanofi
3.63%, 06/19/28 (a) 250,000 246,922
Sharp HealthCare
2.68%, 08/01/50 (a) 150,000 106,214
Shire Acquisitions Investments Ireland DAC
2.88%, 09/23/23 (a) 340,000 336,372
3.20%, 09/23/26 (a) 900,000 864,414
Smith & Nephew PLC
2.03%, 10/14/30 (a) 250,000 198,733
Spectrum Health System Obligated Group
3.49%, 07/15/49 (a) 150,000 125,558
SSM Health Care Corp.
3.69%, 06/01/23 (a) 200,000 200,202
Stanford Health Care
3.80%, 11/15/48 (a) 200,000 176,898
3.03%, 08/15/51 (a) 100,000 75,924
STERIS Irish FinCo Unlimited Co.
2.70%, 03/15/31 (a) 200,000 169,114
3.75%, 03/15/51 (a) 150,000 117,240
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Stryker Corp.
3.38%, 05/15/24 (a) 150,000 149,270
1.15%, 06/15/25 (a) 200,000 184,878
3.38%, 11/01/25 (a) 200,000 196,112
3.50%, 03/15/26 (a) 340,000 333,747
3.65%, 03/07/28 (a) 150,000 145,487
1.95%, 06/15/30 (a) 400,000 333,112
4.10%, 04/01/43 (a) 100,000 86,868
4.38%, 05/15/44 (a) 100,000 90,863
4.63%, 03/15/46 (a) 325,000 311,057
2.90%, 06/15/50 (a) 250,000 181,148
Summa Health
3.51%, 11/15/51 (a) 100,000 81,052
Sutter Health
1.32%, 08/15/25 (a) 200,000 185,012
2.29%, 08/15/30 (a) 200,000 171,868
3.16%, 08/15/40 (a) 100,000 78,724
4.09%, 08/15/48 (a) 150,000 132,788
3.36%, 08/15/50 (a) 200,000 154,906
Sysco Corp.
3.75%, 10/01/25 (a) 300,000 299,289
3.30%, 07/15/26 (a) 250,000 242,115
3.25%, 07/15/27 (a) 200,000 190,474
2.40%, 02/15/30 (a) 200,000 171,252
5.95%, 04/01/30 (a) 200,000 213,604
2.45%, 12/14/31 (a) 200,000 166,338
5.38%, 09/21/35 200,000 206,812
6.60%, 04/01/40 (a) 100,000 114,977
4.85%, 10/01/45 (a) 175,000 163,317
4.50%, 04/01/46 (a) 200,000 178,792
4.45%, 03/15/48 (a) 175,000 153,550
3.30%, 02/15/50 (a) 150,000 112,145
6.60%, 04/01/50 (a) 431,000 498,163
Takeda Pharmaceutical Co., Ltd.
4.40%, 11/26/23 (a) 500,000 503,820
5.00%, 11/26/28 (a) 500,000 510,175
2.05%, 03/31/30 (a) 750,000 627,517
3.03%, 07/09/40 (a) 500,000 385,020
3.18%, 07/09/50 (a) 600,000 448,458
3.38%, 07/09/60 (a) 300,000 219,828
Texas Health Resources
2.33%, 11/15/50 (a) 125,000 82,140
4.33%, 11/15/55 100,000 95,592
Thermo Fisher Scientific, Inc.
0.80%, 10/18/23 (a) 300,000 291,192
1.22%, 10/18/24 (a) 750,000 711,562
1.75%, 10/15/28 (a) 200,000 175,124
2.60%, 10/01/29 (a) 310,000 281,325
2.00%, 10/15/31 (a) 400,000 335,824
2.80%, 10/15/41 (a) 400,000 314,196
5.30%, 02/01/44 (a) 148,000 158,795
4.10%, 08/15/47 (a) 235,000 219,464
Toledo Hospital
5.33%, 11/15/28 75,000 70,656
5.75%, 11/15/38 (a) 175,000 179,330
6.02%, 11/15/48 150,000 140,681
Trinity Health Corp.
4.13%, 12/01/45 225,000 208,271
3.43%, 12/01/48 100,000 84,018
Tyson Foods, Inc.
3.90%, 09/28/23 (a) 150,000 150,527
3.95%, 08/15/24 (a) 250,000 249,802
4.00%, 03/01/26 (a) 250,000 248,265
3.55%, 06/02/27 (a) 350,000 335,685
4.35%, 03/01/29 (a) 260,000 257,709
4.88%, 08/15/34 (a) 350,000 354,294
 
74
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
5.15%, 08/15/44 (a) 225,000 223,947
4.55%, 06/02/47 (a) 350,000 321,496
5.10%, 09/28/48 (a) 210,000 212,470
Unilever Capital Corp.
0.38%, 09/14/23 150,000 145,305
3.25%, 03/07/24 (a) 200,000 200,244
2.60%, 05/05/24 (a) 300,000 295,710
3.10%, 07/30/25 200,000 197,870
2.00%, 07/28/26 350,000 329,868
2.90%, 05/05/27 (a) 200,000 192,200
3.50%, 03/22/28 (a) 550,000 538,758
2.13%, 09/06/29 (a) 200,000 176,322
1.38%, 09/14/30 (a) 150,000 122,139
1.75%, 08/12/31 (a) 200,000 165,048
5.90%, 11/15/32 400,000 455,924
2.63%, 08/12/51 (a) 200,000 145,172
Universal Health Services, Inc.
2.65%, 10/15/30 (a)(c) 375,000 300,225
2.65%, 01/15/32 (a)(c) 200,000 155,460
UPMC
3.60%, 04/03/25 100,000 99,381
Utah Acquisition Sub, Inc.
3.95%, 06/15/26 (a) 700,000 660,541
5.25%, 06/15/46 (a) 250,000 202,795
Viatris, Inc.
1.65%, 06/22/25 (a) 250,000 226,817
2.30%, 06/22/27 (a) 250,000 214,803
2.70%, 06/22/30 (a) 400,000 321,676
3.85%, 06/22/40 (a) 500,000 353,640
4.00%, 06/22/50 (a) 625,000 417,081
West Virginia United Health System Obligated Group
3.13%, 06/01/50 (a) 150,000 109,101
Whirlpool Corp.
4.00%, 03/01/24 100,000 100,764
3.70%, 05/01/25 100,000 99,890
4.75%, 02/26/29 (a) 250,000 249,695
4.50%, 06/01/46 (a) 150,000 127,220
4.60%, 05/15/50 (a) 150,000 130,130
Willis-Knighton Medical Center
4.81%, 09/01/48 (a) 100,000 100,739
3.07%, 03/01/51 (a) 150,000 108,186
Wyeth LLC
6.50%, 02/01/34 450,000 538,564
6.00%, 02/15/36 250,000 287,732
5.95%, 04/01/37 550,000 635,910
Yale-New Haven Health Services Corp.
2.50%, 07/01/50 (a) 200,000 137,534
Zimmer Biomet Holdings, Inc.
3.55%, 04/01/25 (a) 350,000 345,646
3.05%, 01/15/26 (a) 250,000 240,250
2.60%, 11/24/31 (a) 250,000 204,445
4.45%, 08/15/45 (a) 149,000 128,813
Zoetis, Inc.
3.00%, 09/12/27 (a) 400,000 377,736
3.90%, 08/20/28 (a) 320,000 310,477
2.00%, 05/15/30 (a) 200,000 167,626
4.70%, 02/01/43 (a) 350,000 337,876
4.45%, 08/20/48 (a) 150,000 141,576
3.00%, 05/15/50 (a) 250,000 186,803
    269,604,251
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Energy 1.7%
Baker Hughes a GE Co., LLC/Baker Hughes Co-Obligor, Inc.
3.34%, 12/15/27 (a) 550,000 520,553
3.14%, 11/07/29 (a) 200,000 181,120
4.49%, 05/01/30 (a) 150,000 148,550
4.08%, 12/15/47 (a) 575,000 487,790
Baker Hughes Holdings LLC
1.23%, 12/15/23 150,000 145,764
2.06%, 12/15/26 (a) 100,000 91,969
5.13%, 09/15/40 150,000 147,080
Boardwalk Pipelines LP
4.95%, 12/15/24 (a) 180,000 181,519
5.95%, 06/01/26 (a) 150,000 155,639
4.45%, 07/15/27 (a) 250,000 242,597
3.40%, 02/15/31 (a) 350,000 300,002
BP Capital Markets America, Inc.
3.79%, 02/06/24 (a) 325,000 326,648
3.19%, 04/06/25 (a) 300,000 296,589
3.80%, 09/21/25 (a) 350,000 351,120
3.41%, 02/11/26 (a) 250,000 245,462
3.12%, 05/04/26 (a) 300,000 290,556
3.02%, 01/16/27 (a) 300,000 286,410
3.54%, 04/06/27 (a) 150,000 146,144
3.59%, 04/14/27 (a) 250,000 243,962
3.94%, 09/21/28 (a) 350,000 342,443
4.23%, 11/06/28 (a) 600,000 596,766
3.63%, 04/06/30 (a) 500,000 474,185
1.75%, 08/10/30 (a) 200,000 164,848
2.72%, 01/12/32 (a) 500,000 431,130
3.06%, 06/17/41 (a) 400,000 311,908
3.00%, 02/24/50 (a) 700,000 510,545
2.77%, 11/10/50 (a) 550,000 383,113
2.94%, 06/04/51 (a) 750,000 536,805
3.00%, 03/17/52 (a) 500,000 362,025
3.38%, 02/08/61 (a) 400,000 297,276
BP Capital Markets PLC
3.28%, 09/19/27 (a) 450,000 431,392
3.72%, 11/28/28 (a) 250,000 242,305
Canadian Natural Resources Ltd.
3.80%, 04/15/24 (a) 150,000 149,090
3.90%, 02/01/25 (a) 100,000 99,163
2.05%, 07/15/25 (a) 150,000 140,552
3.85%, 06/01/27 (a) 200,000 192,186
2.95%, 07/15/30 (a) 200,000 175,868
7.20%, 01/15/32 125,000 141,979
6.45%, 06/30/33 150,000 162,995
5.85%, 02/01/35 100,000 101,780
6.50%, 02/15/37 175,000 187,698
6.25%, 03/15/38 300,000 317,934
6.75%, 02/01/39 150,000 166,115
4.95%, 06/01/47 (a) 250,000 238,815
Cenovus Energy, Inc.
5.38%, 07/15/25 (a) 250,000 257,742
4.25%, 04/15/27 (a) 300,000 294,819
4.40%, 04/15/29 (a) 200,000 192,856
5.25%, 06/15/37 (a) 250,000 244,992
6.80%, 09/15/37 150,000 166,647
6.75%, 11/15/39 500,000 534,795
5.40%, 06/15/47 (a) 325,000 314,554
Cheniere Corpus Christi Holdings LLC
7.00%, 06/30/24 (a) 525,000 544,703
5.88%, 03/31/25 (a) 375,000 384,232
5.13%, 06/30/27 (a) 650,000 652,996
3.70%, 11/15/29 (a) 500,000 459,420
 
75
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Chevron Corp.
2.90%, 03/03/24 (a) 700,000 698,117
1.55%, 05/11/25 (a) 950,000 901,084
3.33%, 11/17/25 (a) 50,000 49,827
2.95%, 05/16/26 (a) 300,000 293,235
2.00%, 05/11/27 (a) 100,000 92,236
2.24%, 05/11/30 (a) 350,000 308,329
3.08%, 05/11/50 (a) 200,000 159,682
Chevron USA, Inc.
0.43%, 08/11/23 200,000 194,620
3.90%, 11/15/24 (a) 170,000 171,771
0.69%, 08/12/25 (a) 250,000 230,198
1.02%, 08/12/27 (a) 250,000 218,493
3.85%, 01/15/28 (a) 250,000 248,757
3.25%, 10/15/29 (a) 50,000 47,403
6.00%, 03/01/41 (a) 150,000 176,093
5.25%, 11/15/43 (a) 200,000 213,348
2.34%, 08/12/50 (a) 150,000 104,015
Columbia Pipeline Group, Inc.
4.50%, 06/01/25 (a) 483,000 487,922
5.80%, 06/01/45 (a) 100,000 103,571
ConocoPhillips Co.
2.13%, 03/08/24 (a) 400,000 392,828
2.40%, 03/07/25 (a) 250,000 241,430
6.95%, 04/15/29 300,000 343,644
5.90%, 10/15/32 100,000 110,388
6.50%, 02/01/39 500,000 588,810
3.76%, 03/15/42 (a)(c) 400,000 351,208
4.30%, 11/15/44 (a) 300,000 276,027
4.88%, 10/01/47 (a) 150,000 150,419
3.80%, 03/15/52 (a) 300,000 257,583
4.03%, 03/15/62 (a)(c) 767,000 655,885
Continental Resources, Inc.
4.38%, 01/15/28 (a) 375,000 352,987
4.90%, 06/01/44 (a) 250,000 199,085
Coterra Energy, Inc.
4.38%, 06/01/24 (a)(c) 250,000 250,055
3.90%, 05/15/27 (a)(c) 200,000 192,694
4.38%, 03/15/29 (a)(c) 200,000 197,034
Devon Energy Corp.
5.25%, 09/15/24 (a)(c) 200,000 204,326
5.85%, 12/15/25 (a) 150,000 156,507
5.25%, 10/15/27 (a) 150,000 151,301
5.88%, 06/15/28 (a)(c) 100,000 101,755
4.50%, 01/15/30 (a) 195,000 184,119
7.88%, 09/30/31 150,000 176,406
7.95%, 04/15/32 100,000 118,652
5.60%, 07/15/41 (a) 500,000 497,720
4.75%, 05/15/42 (a) 150,000 136,115
5.00%, 06/15/45 (a) 250,000 232,420
Diamondback Energy, Inc.
3.25%, 12/01/26 (a) 300,000 293,118
3.50%, 12/01/29 (a) 600,000 550,548
3.13%, 03/24/31 (a) 50,000 43,565
4.40%, 03/24/51 (a) 200,000 171,588
4.25%, 03/15/52 (a) 150,000 124,784
Eastern Energy Gas Holdings LLC
3.55%, 11/01/23 (a) 150,000 149,876
2.50%, 11/15/24 (a) 150,000 145,022
3.60%, 12/15/24 (a) 167,000 165,844
Eastern Gas Transmission & Storage, Inc.
3.00%, 11/15/29 (a)(c) 150,000 136,028
4.80%, 11/01/43 (a)(c) 100,000 94,221
4.60%, 12/15/44 (a)(c) 150,000 138,914
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Enable Midstream Partners LP
3.90%, 05/15/24 (a) 100,000 98,989
4.95%, 05/15/28 (a) 350,000 343,021
4.15%, 09/15/29 (a) 200,000 183,654
5.00%, 05/15/44 (a) 75,000 63,362
Enbridge Energy Partners LP
5.88%, 10/15/25 (a) 150,000 157,005
7.50%, 04/15/38 100,000 118,793
5.50%, 09/15/40 (a) 300,000 300,372
7.38%, 10/15/45 (a) 150,000 179,936
Enbridge, Inc.
4.00%, 10/01/23 (a) 250,000 250,735
1.60%, 10/04/26 (a) 150,000 133,794
4.25%, 12/01/26 (a) 850,000 841,908
3.70%, 07/15/27 (a) 325,000 311,867
3.13%, 11/15/29 (a) 350,000 317,446
2.50%, 08/01/33 (a) 400,000 323,752
4.50%, 06/10/44 (a) 250,000 219,568
5.50%, 12/01/46 (a) 150,000 155,303
4.00%, 11/15/49 (a) 250,000 210,800
Energy Transfer Operating LP
4.20%, 09/15/23 (a) 50,000 50,075
5.88%, 01/15/24 (a) 450,000 458,838
4.90%, 02/01/24 (a) 100,000 100,875
4.50%, 04/15/24 (a) 200,000 200,264
4.05%, 03/15/25 (a) 200,000 197,220
2.90%, 05/15/25 (a) 400,000 380,896
4.75%, 01/15/26 (a) 350,000 349,436
4.40%, 03/15/27 (a) 300,000 289,971
4.20%, 04/15/27 (a) 250,000 240,720
5.50%, 06/01/27 (a) 350,000 355,600
4.95%, 06/15/28 (a) 350,000 345,163
5.25%, 04/15/29 (a) 300,000 297,621
3.75%, 05/15/30 (a) 500,000 450,815
4.90%, 03/15/35 (a) 150,000 135,483
6.63%, 10/15/36 125,000 125,863
7.50%, 07/01/38 100,000 108,170
6.05%, 06/01/41 (a) 250,000 243,952
6.50%, 02/01/42 (a) 350,000 352,565
5.15%, 02/01/43 (a) 100,000 86,141
5.95%, 10/01/43 (a) 148,000 139,891
5.15%, 03/15/45 (a) 350,000 300,832
6.13%, 12/15/45 (a) 300,000 288,180
5.30%, 04/15/47 (a) 300,000 261,456
6.00%, 06/15/48 (a) 350,000 330,753
6.25%, 04/15/49 (a) 500,000 485,565
5.00%, 05/15/50 (a) 650,000 554,859
Energy Transfer Partners LP/Regency Energy Finance Corp.
4.50%, 11/01/23 (a) 200,000 201,000
Eni USA, Inc.
7.30%, 11/15/27 150,000 167,930
Enterprise Products Operating LLC
3.90%, 02/15/24 (a) 300,000 299,778
3.75%, 02/15/25 (a) 400,000 396,256
3.70%, 02/15/26 (a) 150,000 147,657
3.95%, 02/15/27 (a) 25,000 24,711
4.15%, 10/16/28 (a) 400,000 390,672
3.13%, 07/31/29 (a) 450,000 405,360
2.80%, 01/31/30 (a) 500,000 438,385
6.65%, 10/15/34 100,000 112,564
7.55%, 04/15/38 150,000 179,631
6.13%, 10/15/39 225,000 239,717
6.45%, 09/01/40 70,000 76,371
5.95%, 02/01/41 300,000 313,644
5.70%, 02/15/42 150,000 152,072
4.85%, 08/15/42 (a) 300,000 277,479
 
76
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See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.45%, 02/15/43 (a) 300,000 261,888
4.85%, 03/15/44 (a) 400,000 365,708
5.10%, 02/15/45 (a) 350,000 329,896
4.90%, 05/15/46 (a) 250,000 230,088
4.25%, 02/15/48 (a) 350,000 295,946
4.80%, 02/01/49 (a) 450,000 409,162
4.20%, 01/31/50 (a) 400,000 335,332
3.70%, 01/31/51 (a) 325,000 254,316
3.20%, 02/15/52 (a) 350,000 251,583
4.95%, 10/15/54 (a) 175,000 160,580
3.95%, 01/31/60 (a) 425,000 335,151
5.25%, 08/16/77 (a)(b) 335,000 282,757
5.38%, 02/15/78 (a)(b) 235,000 188,475
EOG Resources, Inc.
3.15%, 04/01/25 (a) 250,000 246,190
4.15%, 01/15/26 (a) 50,000 50,472
4.38%, 04/15/30 (a) 300,000 301,575
3.90%, 04/01/35 (a) 165,000 153,882
4.95%, 04/15/50 (a) 200,000 207,260
EQT Corp.
6.63%, 02/01/25 (a)(f) 300,000 309,429
3.90%, 10/01/27 (a) 400,000 374,640
7.50%, 02/01/30 (a)(f) 300,000 322,818
Exxon Mobil Corp.
3.18%, 03/15/24 (a) 250,000 250,292
2.02%, 08/16/24 (a) 325,000 317,395
2.71%, 03/06/25 (a) 600,000 588,144
2.99%, 03/19/25 (a) 900,000 887,553
3.04%, 03/01/26 (a) 500,000 491,115
2.28%, 08/16/26 (a) 300,000 285,081
3.29%, 03/19/27 (a) 300,000 295,560
2.44%, 08/16/29 (a) 450,000 405,207
3.48%, 03/19/30 (a) 650,000 623,571
2.61%, 10/15/30 (a) 600,000 539,358
3.00%, 08/16/39 (a) 250,000 205,148
4.23%, 03/19/40 (a) 550,000 520,014
3.57%, 03/06/45 (a) 300,000 254,610
4.11%, 03/01/46 (a) 750,000 686,370
3.10%, 08/16/49 (a) 500,000 391,765
4.33%, 03/19/50 (a) 875,000 826,919
3.45%, 04/15/51 (a) 850,000 699,031
Halliburton Co.
3.50%, 08/01/23 (a) 200,000 200,294
3.80%, 11/15/25 (a) 159,000 157,677
2.92%, 03/01/30 (a) 300,000 266,235
4.85%, 11/15/35 (a) 300,000 288,564
6.70%, 09/15/38 250,000 275,590
7.45%, 09/15/39 300,000 353,490
4.50%, 11/15/41 (a) 200,000 175,534
4.75%, 08/01/43 (a) 200,000 178,916
5.00%, 11/15/45 (a) 600,000 552,612
Helmerich and Payne, Inc.
2.90%, 09/29/31 (a) 200,000 171,556
Hess Corp.
3.50%, 07/15/24 (a) 100,000 98,512
4.30%, 04/01/27 (a) 200,000 195,300
7.88%, 10/01/29 250,000 288,540
7.30%, 08/15/31 163,000 182,756
7.13%, 03/15/33 150,000 167,543
6.00%, 01/15/40 250,000 256,470
5.60%, 02/15/41 400,000 391,148
5.80%, 04/01/47 (a) 150,000 150,581
HF Sinclair Corp.
5.88%, 04/01/26 (a)(c) 260,000 262,902
4.50%, 10/01/30 (a)(c) 125,000 113,916
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Kinder Morgan Energy Partners LP
3.50%, 09/01/23 (a) 250,000 249,367
4.15%, 02/01/24 (a) 200,000 200,124
4.30%, 05/01/24 (a) 350,000 350,777
5.80%, 03/15/35 300,000 305,553
6.50%, 02/01/37 200,000 212,718
6.95%, 01/15/38 350,000 379,127
6.50%, 09/01/39 250,000 258,257
6.55%, 09/15/40 100,000 104,655
7.50%, 11/15/40 150,000 168,267
6.38%, 03/01/41 300,000 302,163
5.63%, 09/01/41 250,000 233,760
5.00%, 08/15/42 (a) 300,000 263,796
4.70%, 11/01/42 (a) 100,000 84,951
5.00%, 03/01/43 (a) 300,000 263,529
5.50%, 03/01/44 (a) 100,000 93,708
5.40%, 09/01/44 (a) 350,000 323,036
Kinder Morgan, Inc.
4.30%, 06/01/25 (a) 750,000 748,035
4.30%, 03/01/28 (a) 390,000 380,620
2.00%, 02/15/31 (a) 350,000 280,161
7.80%, 08/01/31 200,000 233,042
7.75%, 01/15/32 250,000 291,837
5.55%, 06/01/45 (a) 550,000 519,849
5.05%, 02/15/46 (a) 150,000 134,462
5.20%, 03/01/48 (a) 296,000 271,470
3.25%, 08/01/50 (a) 250,000 174,600
Magellan Midstream Partners LP
3.25%, 06/01/30 (a) 250,000 221,875
5.15%, 10/15/43 (a) 250,000 232,128
4.25%, 09/15/46 (a) 150,000 127,236
4.20%, 10/03/47 (a) 150,000 123,924
4.85%, 02/01/49 (a) 99,000 89,245
3.95%, 03/01/50 (a) 300,000 237,609
Marathon Oil Corp.
4.40%, 07/15/27 (a) 300,000 293,412
6.80%, 03/15/32 188,000 204,089
6.60%, 10/01/37 250,000 265,062
5.20%, 06/01/45 (a) 175,000 161,229
Marathon Petroleum Corp.
3.63%, 09/15/24 (a) 250,000 247,905
4.70%, 05/01/25 (a) 400,000 405,448
5.13%, 12/15/26 (a) 200,000 205,324
3.80%, 04/01/28 (a) 150,000 142,010
6.50%, 03/01/41 (a) 400,000 436,976
4.75%, 09/15/44 (a) 250,000 221,118
4.50%, 04/01/48 (a) 150,000 127,122
5.00%, 09/15/54 (a) 150,000 133,722
MPLX LP
4.50%, 07/15/23 (a) 350,000 350,899
4.88%, 12/01/24 (a) 375,000 378,022
4.00%, 02/15/25 (a) 150,000 148,028
4.88%, 06/01/25 (a) 350,000 352,135
1.75%, 03/01/26 (a) 450,000 406,120
4.13%, 03/01/27 (a) 450,000 435,735
4.25%, 12/01/27 (a) 246,000 237,442
4.00%, 03/15/28 (a) 175,000 166,196
4.80%, 02/15/29 (a) 250,000 246,562
2.65%, 08/15/30 (a) 500,000 417,640
4.50%, 04/15/38 (a) 500,000 438,485
5.20%, 03/01/47 (a) 300,000 272,433
5.20%, 12/01/47 (a) 200,000 180,750
4.70%, 04/15/48 (a) 500,000 421,755
5.50%, 02/15/49 (a) 425,000 396,682
4.95%, 03/14/52 (a) 400,000 347,276
4.90%, 04/15/58 (a) 200,000 167,432
 
77
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
National Fuel Gas Co.
5.20%, 07/15/25 (a) 150,000 151,889
5.50%, 01/15/26 (a) 150,000 150,660
3.95%, 09/15/27 (a) 150,000 140,391
4.75%, 09/01/28 (a) 200,000 196,542
Northwest Pipeline LLC
4.00%, 04/01/27 (a) 250,000 244,855
NOV, Inc.
3.60%, 12/01/29 (a) 200,000 179,796
3.95%, 12/01/42 (a) 350,000 259,847
ONEOK Partners LP
5.00%, 09/15/23 (a) 150,000 151,632
4.90%, 03/15/25 (a) 200,000 201,926
6.65%, 10/01/36 250,000 256,105
6.85%, 10/15/37 250,000 257,592
6.13%, 02/01/41 (a) 50,000 47,952
6.20%, 09/15/43 (a) 150,000 142,073
ONEOK, Inc.
7.50%, 09/01/23 (a) 200,000 206,858
2.75%, 09/01/24 (a) 150,000 145,328
2.20%, 09/15/25 (a) 150,000 140,003
5.85%, 01/15/26 (a) 200,000 207,464
4.55%, 07/15/28 (a) 275,000 266,208
4.35%, 03/15/29 (a) 250,000 235,735
3.40%, 09/01/29 (a) 250,000 221,090
3.10%, 03/15/30 (a) 200,000 172,022
6.35%, 01/15/31 (a) 200,000 209,668
6.00%, 06/15/35 100,000 98,637
4.95%, 07/13/47 (a) 225,000 192,364
5.20%, 07/15/48 (a) 300,000 266,460
4.45%, 09/01/49 (a) 250,000 202,085
4.50%, 03/15/50 (a) 50,000 40,061
7.15%, 01/15/51 (a) 100,000 106,939
Ovintiv Exploration, Inc.
5.38%, 01/01/26 (a) 300,000 303,984
Ovintiv, Inc.
7.20%, 11/01/31 100,000 109,230
7.38%, 11/01/31 200,000 220,918
6.50%, 08/15/34 100,000 104,387
6.63%, 08/15/37 100,000 105,050
6.50%, 02/01/38 200,000 208,170
Phillips 66
3.85%, 04/09/25 (a) 200,000 199,148
1.30%, 02/15/26 (a) 200,000 180,354
3.90%, 03/15/28 (a) 300,000 291,753
2.15%, 12/15/30 (a) 300,000 245,121
4.65%, 11/15/34 (a) 350,000 340,448
5.88%, 05/01/42 400,000 434,636
4.88%, 11/15/44 (a) 525,000 510,300
3.30%, 03/15/52 (a) 325,000 243,028
Phillips 66 Partners LP
2.45%, 12/15/24 (a)(c) 100,000 95,840
3.61%, 02/15/25 (a)(c) 200,000 197,916
3.75%, 03/01/28 (a) 175,000 166,705
3.15%, 12/15/29 (a)(c) 300,000 270,087
4.68%, 02/15/45 (a)(c) 100,000 92,479
4.90%, 10/01/46 (a)(c) 175,000 167,339
Pioneer Natural Resources Co.
1.13%, 01/15/26 (a) 300,000 268,455
1.90%, 08/15/30 (a) 400,000 326,868
2.15%, 01/15/31 (a) 350,000 288,645
Plains All American Pipeline LP
6.65%, 01/15/37 250,000 250,590
4.30%, 01/31/43 (a) 150,000 113,616
4.90%, 02/15/45 (a) 200,000 162,066
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Plains All American Pipeline LP/PAA Finance Corp.
3.85%, 10/15/23 (a) 200,000 199,242
4.65%, 10/15/25 (a) 600,000 596,184
4.50%, 12/15/26 (a) 260,000 255,640
3.55%, 12/15/29 (a) 150,000 132,626
3.80%, 09/15/30 (a) 250,000 221,575
5.15%, 06/01/42 (a) 150,000 125,898
4.70%, 06/15/44 (a) 100,000 79,719
Sabine Pass Liquefaction LLC
5.63%, 03/01/25 (a) 750,000 766,792
5.88%, 06/30/26 (a) 500,000 516,670
5.00%, 03/15/27 (a) 400,000 402,088
4.20%, 03/15/28 (a) 450,000 433,111
4.50%, 05/15/30 (a) 525,000 505,139
Schlumberger Finance Canada Ltd.
1.40%, 09/17/25 (a) 200,000 186,326
Schlumberger Investment S.A.
3.65%, 12/01/23 (a) 450,000 452,043
2.65%, 06/26/30 (a) 400,000 352,064
Shell International Finance BV
3.50%, 11/13/23 (a) 300,000 302,037
2.00%, 11/07/24 (a) 300,000 291,708
3.25%, 05/11/25 1,050,000 1,040,098
2.88%, 05/10/26 500,000 484,165
2.50%, 09/12/26 400,000 380,380
3.88%, 11/13/28 (a) 600,000 592,380
2.38%, 11/07/29 (a) 475,000 420,090
2.75%, 04/06/30 (a) 700,000 632,604
4.13%, 05/11/35 500,000 478,395
6.38%, 12/15/38 1,150,000 1,342,268
3.63%, 08/21/42 150,000 127,869
4.55%, 08/12/43 825,000 785,738
4.38%, 05/11/45 250,000 232,815
4.00%, 05/10/46 725,000 643,017
3.75%, 09/12/46 400,000 341,012
3.13%, 11/07/49 (a) 500,000 385,775
3.25%, 04/06/50 (a) 750,000 593,767
Spectra Energy Partners LP
4.75%, 03/15/24 (a) 300,000 302,745
3.50%, 03/15/25 (a) 200,000 196,152
5.95%, 09/25/43 (a) 250,000 262,462
4.50%, 03/15/45 (a) 100,000 87,366
Suncor Energy, Inc.
5.35%, 07/15/33 200,000 200,750
5.95%, 12/01/34 250,000 262,272
5.95%, 05/15/35 200,000 209,568
6.80%, 05/15/38 350,000 394,607
6.50%, 06/15/38 425,000 468,227
6.85%, 06/01/39 150,000 171,462
4.00%, 11/15/47 (a) 150,000 128,351
3.75%, 03/04/51 (a) 200,000 162,974
Sunoco Logistics Partners Operations LP
4.25%, 04/01/24 (a) 100,000 99,782
5.95%, 12/01/25 (a) 125,000 129,646
4.00%, 10/01/27 (a) 300,000 283,971
6.10%, 02/15/42 100,000 96,238
4.95%, 01/15/43 (a) 150,000 125,649
5.30%, 04/01/44 (a) 250,000 217,770
5.35%, 05/15/45 (a) 250,000 219,875
5.40%, 10/01/47 (a) 400,000 352,332
Targa Resources Corp.
5.20%, 07/01/27 (a)(g) 225,000 226,193
4.20%, 02/01/33 (a) 200,000 181,358
4.95%, 04/15/52 (a) 200,000 172,430
 
78
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Targa Resources Partners LP/Targa Resources Partners Finance Corp.
6.50%, 07/15/27 (a) 350,000 358,123
5.50%, 03/01/30 (a) 200,000 190,584
4.88%, 02/01/31 (a) 350,000 319,658
4.00%, 01/15/32 (a) 500,000 429,190
TC PipeLines LP
4.38%, 03/13/25 (a) 200,000 201,144
3.90%, 05/25/27 (a) 100,000 98,295
Tennessee Gas Pipeline Co. LLC
7.00%, 03/15/27 100,000 107,625
TotalEnergies Capital Canada Ltd.
2.75%, 07/15/23 350,000 347,543
TotalEnergies Capital International S.A.
3.70%, 01/15/24 200,000 200,620
3.75%, 04/10/24 400,000 401,440
2.43%, 01/10/25 (a) 350,000 340,413
3.46%, 02/19/29 (a) 356,000 339,724
2.83%, 01/10/30 (a) 375,000 340,294
2.99%, 06/29/41 (a) 275,000 217,852
3.46%, 07/12/49 (a) 300,000 242,985
3.13%, 05/29/50 (a) 750,000 574,770
3.39%, 06/29/60 (a) 300,000 230,712
TotalEnergies Capital S.A.
3.88%, 10/11/28 275,000 271,419
TransCanada PipeLines Ltd.
3.75%, 10/16/23 (a) 300,000 300,348
1.00%, 10/12/24 (a) 150,000 140,205
4.88%, 01/15/26 (a) 350,000 355,754
4.25%, 05/15/28 (a) 450,000 438,309
4.10%, 04/15/30 (a) 150,000 143,499
2.50%, 10/12/31 (a) 150,000 124,862
4.63%, 03/01/34 (a) 400,000 384,416
6.20%, 10/15/37 250,000 272,512
4.75%, 05/15/38 (a) 200,000 190,990
7.25%, 08/15/38 100,000 119,220
7.63%, 01/15/39 500,000 620,955
6.10%, 06/01/40 250,000 271,385
5.00%, 10/16/43 (a) 350,000 335,366
4.88%, 05/15/48 (a) 350,000 336,833
5.10%, 03/15/49 (a) 400,000 397,560
Transcontinental Gas Pipe Line Co. LLC
7.85%, 02/01/26 (a) 250,000 276,150
4.00%, 03/15/28 (a) 150,000 145,898
3.25%, 05/15/30 (a) 250,000 224,800
5.40%, 08/15/41 (a) 150,000 149,753
4.45%, 08/01/42 (a) 100,000 90,122
4.60%, 03/15/48 (a) 200,000 183,124
Valero Energy Corp.
2.85%, 04/15/25 (a) 74,000 71,582
3.40%, 09/15/26 (a) 250,000 241,193
2.15%, 09/15/27 (a) 200,000 178,514
4.35%, 06/01/28 (a) 250,000 243,612
4.00%, 04/01/29 (a) 450,000 425,565
7.50%, 04/15/32 150,000 173,822
6.63%, 06/15/37 450,000 489,996
4.90%, 03/15/45 250,000 229,773
3.65%, 12/01/51 (a) 300,000 225,618
4.00%, 06/01/52 (a) 150,000 119,616
Valero Energy Partners LP
4.50%, 03/15/28 (a) 200,000 197,538
Western Union Co.
3.50%, 10/15/51 (a) 250,000 186,623
Williams Cos., Inc.
4.50%, 11/15/23 (a) 250,000 251,822
4.30%, 03/04/24 (a) 250,000 251,192
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.55%, 06/24/24 (a) 450,000 454,329
3.90%, 01/15/25 (a) 237,000 234,426
4.00%, 09/15/25 (a) 250,000 246,707
3.75%, 06/15/27 (a) 500,000 478,615
3.50%, 11/15/30 (a) 350,000 315,934
8.75%, 03/15/32 250,000 317,142
6.30%, 04/15/40 400,000 426,204
5.80%, 11/15/43 (a) 200,000 200,238
5.75%, 06/24/44 (a) 200,000 201,228
4.90%, 01/15/45 (a) 225,000 202,487
5.10%, 09/15/45 (a) 350,000 327,299
4.85%, 03/01/48 (a) 300,000 272,472
    127,040,525
Industrial Other 0.1%
Boston University
4.06%, 10/01/48 (a) 180,000 170,174
California Institute of Technology
4.32%, 08/01/45 50,000 50,160
4.70%, 11/01/11 200,000 194,862
3.65%, 09/01/19 (a) 200,000 150,328
Cintas Corp. No. 2
3.70%, 04/01/27 (a) 300,000 296,565
Duke University
2.68%, 10/01/44 200,000 154,988
2.76%, 10/01/50 100,000 74,977
2.83%, 10/01/55 200,000 153,270
Emory University
2.14%, 09/01/30 (a) 200,000 175,328
2.97%, 09/01/50 (a) 225,000 179,311
George Washington University
4.30%, 09/15/44 125,000 117,024
4.87%, 09/15/45 150,000 152,662
4.13%, 09/15/48 (a) 285,000 261,801
Georgetown University
4.32%, 04/01/49 (a) 76,000 69,814
2.94%, 04/01/50 175,000 124,729
5.22%, 10/01/18 (a) 100,000 95,821
Johns Hopkins University
4.08%, 07/01/53 125,000 120,346
2.81%, 01/01/60 (a) 350,000 254,159
Leland Stanford Junior University
3.65%, 05/01/48 (a) 200,000 186,580
2.41%, 06/01/50 (a) 250,000 180,295
Massachusetts Institute of Technology
3.96%, 07/01/38 50,000 49,155
2.99%, 07/01/50 (a) 200,000 163,882
2.29%, 07/01/51 (a) 150,000 104,447
5.60%, 07/01/11 240,000 286,915
4.68%, 07/01/14 200,000 201,340
3.89%, 07/01/16 150,000 126,765
Northeastern University
2.89%, 10/01/50 100,000 74,201
Northwestern University
4.64%, 12/01/44 200,000 206,860
2.64%, 12/01/50 (a) 150,000 109,323
3.66%, 12/01/57 (a) 100,000 87,256
President and Fellows of Harvard College
4.88%, 10/15/40 50,000 54,002
3.15%, 07/15/46 (a) 207,000 177,983
2.52%, 10/15/50 (a) 200,000 147,660
3.75%, 11/15/52 (a) 150,000 142,143
3.30%, 07/15/56 (a) 200,000 171,644
 
79
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Quanta Services, Inc.
2.90%, 10/01/30 (a) 200,000 164,756
2.35%, 01/15/32 (a) 200,000 154,858
3.05%, 10/01/41 (a) 200,000 138,876
The American University
3.67%, 04/01/49 200,000 172,808
Trustees of Boston College
3.13%, 07/01/52 150,000 115,282
Trustees of Princeton University
5.70%, 03/01/39 225,000 264,465
2.52%, 07/01/50 (a) 200,000 149,988
Trustees of the University of Pennsylvania
2.40%, 10/01/50 (a) 200,000 143,852
4.67%, 09/01/12 100,000 98,540
3.61%, 02/15/19 (a) 125,000 95,564
University of Chicago
2.76%, 04/01/45 (a) 150,000 122,832
2.55%, 04/01/50 (a) 150,000 111,359
4.00%, 10/01/53 (a) 100,000 96,547
University of Notre Dame du Lac
3.44%, 02/15/45 150,000 134,220
3.39%, 02/15/48 (a) 149,000 132,139
University of Southern California
3.03%, 10/01/39 400,000 340,668
3.84%, 10/01/47 (a) 200,000 185,720
5.25%, 10/01/11 100,000 104,382
3.23%, 10/01/20 (a) 125,000 82,645
William Marsh Rice University
3.57%, 05/15/45 150,000 133,198
3.77%, 05/15/55 100,000 92,763
Yale University
0.87%, 04/15/25 (a) 125,000 117,501
1.48%, 04/15/30 (a) 300,000 254,505
2.40%, 04/15/50 (a) 200,000 144,222
    8,818,460
Technology 2.4%
Adobe, Inc.
1.90%, 02/01/25 (a) 150,000 144,591
3.25%, 02/01/25 (a) 330,000 328,786
2.15%, 02/01/27 (a) 275,000 257,444
2.30%, 02/01/30 (a) 400,000 354,084
Alphabet, Inc.
3.38%, 02/25/24 250,000 251,475
0.45%, 08/15/25 (a) 350,000 322,371
2.00%, 08/15/26 (a) 500,000 474,140
0.80%, 08/15/27 (a) 250,000 217,268
1.10%, 08/15/30 (a) 750,000 615,945
1.90%, 08/15/40 (a) 450,000 322,555
2.05%, 08/15/50 (a) 800,000 538,552
2.25%, 08/15/60 (a) 650,000 423,910
Altera Corp.
4.10%, 11/15/23 250,000 252,763
Amdocs Ltd.
2.54%, 06/15/30 (a) 250,000 212,435
Analog Devices, Inc.
2.95%, 04/01/25 (a) 250,000 245,213
3.50%, 12/05/26 (a) 200,000 197,782
1.70%, 10/01/28 (a) 200,000 175,760
2.10%, 10/01/31 (a) 350,000 298,792
2.80%, 10/01/41 (a) 300,000 235,944
2.95%, 10/01/51 (a) 250,000 192,010
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Apple Inc.
3.00%, 02/09/24 (a) 550,000 549,147
3.45%, 05/06/24 800,000 804,152
2.85%, 05/11/24 (a) 450,000 447,466
1.80%, 09/11/24 (a) 250,000 242,395
2.75%, 01/13/25 (a) 500,000 494,620
2.50%, 02/09/25 500,000 490,800
1.13%, 05/11/25 (a) 700,000 658,602
3.20%, 05/13/25 600,000 600,144
0.55%, 08/20/25 (a) 400,000 367,492
0.70%, 02/08/26 (a) 800,000 729,080
3.25%, 02/23/26 (a) 850,000 844,016
2.45%, 08/04/26 (a) 600,000 576,084
2.05%, 09/11/26 (a) 650,000 612,891
3.35%, 02/09/27 (a) 725,000 720,563
3.20%, 05/11/27 (a) 550,000 542,201
3.00%, 06/20/27 (a) 350,000 342,534
2.90%, 09/12/27 (a) 550,000 531,041
3.00%, 11/13/27 (a) 500,000 485,180
1.20%, 02/08/28 (a) 750,000 656,722
1.40%, 08/05/28 (a) 650,000 570,089
2.20%, 09/11/29 (a) 550,000 495,374
1.65%, 05/11/30 (a) 550,000 468,446
1.25%, 08/20/30 (a) 400,000 328,884
1.65%, 02/08/31 (a) 900,000 756,810
1.70%, 08/05/31 (a) 350,000 293,622
4.50%, 02/23/36 (a) 300,000 312,774
2.38%, 02/08/41 (a) 650,000 498,160
3.85%, 05/04/43 1,000,000 922,810
4.45%, 05/06/44 230,000 230,009
3.45%, 02/09/45 850,000 742,322
4.38%, 05/13/45 700,000 693,833
4.65%, 02/23/46 (a) 850,000 879,452
3.85%, 08/04/46 (a) 288,000 264,324
4.25%, 02/09/47 (a) 400,000 393,912
3.75%, 09/12/47 (a) 350,000 317,362
3.75%, 11/13/47 (a) 419,000 377,636
2.95%, 09/11/49 (a) 650,000 511,946
2.65%, 05/11/50 (a) 700,000 518,553
2.40%, 08/20/50 (a) 600,000 423,804
2.65%, 02/08/51 (a) 350,000 259,452
2.70%, 08/05/51 (a) 500,000 374,850
2.55%, 08/20/60 (a) 750,000 516,532
2.80%, 02/08/61 (a) 450,000 323,428
2.85%, 08/05/61 (a) 450,000 327,604
Applied Materials, Inc.
3.90%, 10/01/25 (a) 250,000 252,740
3.30%, 04/01/27 (a) 400,000 391,572
1.75%, 06/01/30 (a) 250,000 210,725
5.10%, 10/01/35 (a) 100,000 105,302
5.85%, 06/15/41 300,000 342,639
4.35%, 04/01/47 (a) 100,000 97,099
2.75%, 06/01/50 (a) 325,000 243,344
Arrow Electronics, Inc.
3.25%, 09/08/24 (a) 300,000 293,682
4.00%, 04/01/25 (a) 50,000 49,542
3.88%, 01/12/28 (a) 225,000 214,542
Autodesk, Inc.
4.38%, 06/15/25 (a) 500,000 505,660
2.85%, 01/15/30 (a) 50,000 43,668
Automatic Data Processing, Inc.
3.38%, 09/15/25 (a) 250,000 250,200
1.70%, 05/15/28 (a) 350,000 315,357
1.25%, 09/01/30 (a) 350,000 286,167
Avnet, Inc.
4.63%, 04/15/26 (a) 250,000 251,450
 
80
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Baidu, Inc.
3.88%, 09/29/23 (a) 300,000 301,251
4.38%, 05/14/24 (a) 250,000 251,960
3.08%, 04/07/25 (a) 200,000 194,486
4.13%, 06/30/25 200,000 199,856
1.72%, 04/09/26 (a) 200,000 182,906
3.63%, 07/06/27 200,000 193,020
4.38%, 03/29/28 (a) 200,000 197,510
4.88%, 11/14/28 (a) 200,000 202,698
2.38%, 10/09/30 (a) 200,000 169,072
2.38%, 08/23/31 (a) 200,000 166,934
Broadcom Corp./Broadcom Cayman Finance Ltd.
3.63%, 01/15/24 (a) 300,000 299,856
3.13%, 01/15/25 (a) 100,000 97,716
3.88%, 01/15/27 (a) 1,000,000 964,740
3.50%, 01/15/28 (a) 250,000 231,650
Broadcom, Inc.
3.63%, 10/15/24 (a) 200,000 198,106
3.15%, 11/15/25 (a) 350,000 337,456
3.46%, 09/15/26 (a) 204,000 195,964
1.95%, 02/15/28 (a)(c) 300,000 255,687
4.11%, 09/15/28 (a) 400,000 380,012
4.75%, 04/15/29 (a) 300,000 292,098
5.00%, 04/15/30 (a) 150,000 147,729
4.15%, 11/15/30 (a) 743,000 681,569
2.45%, 02/15/31 (a)(c) 900,000 723,906
4.30%, 11/15/32 (a) 750,000 683,220
2.60%, 02/15/33 (a)(c) 600,000 463,830
3.42%, 04/15/33 (a)(c) 600,000 496,596
3.47%, 04/15/34 (a)(c) 850,000 692,325
3.14%, 11/15/35 (a)(c) 1,131,000 864,378
3.19%, 11/15/36 (a)(c) 707,000 537,681
4.93%, 05/15/37 (a)(c) 855,000 768,705
3.50%, 02/15/41 (a)(c) 1,000,000 756,280
3.75%, 02/15/51 (a)(c) 550,000 407,929
Broadridge Financial Solutions, Inc.
3.40%, 06/27/26 (a) 200,000 193,552
2.90%, 12/01/29 (a) 250,000 219,420
2.60%, 05/01/31 (a) 250,000 208,990
Cadence Design Systems, Inc.
4.38%, 10/15/24 (a) 150,000 151,769
CDW LLC
4.25%, 04/01/28 (a) 250,000 227,095
3.25%, 02/15/29 (a) 200,000 168,652
CDW LLC/CDW Finance Corp.
5.50%, 12/01/24 (a) 175,000 175,935
4.13%, 05/01/25 (a) 200,000 194,716
2.67%, 12/01/26 (a) 375,000 335,452
3.28%, 12/01/28 (a) 150,000 129,624
3.57%, 12/01/31 (a) 250,000 207,075
CGI, Inc.
1.45%, 09/14/26 (a) 200,000 176,670
Cisco Systems, Inc.
2.20%, 09/20/23 (a) 270,000 267,697
3.63%, 03/04/24 225,000 226,899
3.50%, 06/15/25 250,000 252,015
2.95%, 02/28/26 150,000 147,707
2.50%, 09/20/26 (a) 450,000 432,711
5.90%, 02/15/39 500,000 569,910
5.50%, 01/15/40 800,000 877,344
Citrix Systems, Inc.
1.25%, 03/01/26 (a) 200,000 193,438
4.50%, 12/01/27 (a) 250,000 247,658
3.30%, 03/01/30 (a) 300,000 293,523
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Corning, Inc.
5.75%, 08/15/40 200,000 210,948
4.75%, 03/15/42 50,000 47,182
5.35%, 11/15/48 (a) 150,000 148,718
3.90%, 11/15/49 (a) 150,000 120,518
4.38%, 11/15/57 (a) 300,000 249,024
5.85%, 11/15/68 (a) 100,000 99,273
5.45%, 11/15/79 (a) 350,000 316,701
Dell International LLC/EMC Corp.
4.00%, 07/15/24 (a) 250,000 249,395
5.85%, 07/15/25 (a) 200,000 206,572
6.02%, 06/15/26 (a) 1,400,000 1,452,528
4.90%, 10/01/26 (a) 500,000 500,795
6.10%, 07/15/27 (a) 200,000 209,804
5.30%, 10/01/29 (a) 550,000 542,778
6.20%, 07/15/30 (a) 350,000 364,385
8.10%, 07/15/36 (a) 301,000 353,437
3.38%, 12/15/41 (a)(c) 250,000 179,065
8.35%, 07/15/46 (a) 331,000 412,727
3.45%, 12/15/51 (a)(c) 400,000 271,148
Dell, Inc.
7.10%, 04/15/28 50,000 54,556
DXC Technology Co.
1.80%, 09/15/26 (a) 250,000 221,900
Equifax, Inc.
2.60%, 12/01/24 (a) 300,000 289,659
2.60%, 12/15/25 (a) 150,000 141,528
3.10%, 05/15/30 (a) 200,000 175,878
2.35%, 09/15/31 (a) 250,000 199,785
Equinix, Inc.
2.63%, 11/18/24 (a) 400,000 384,252
1.00%, 09/15/25 (a) 250,000 224,413
1.45%, 05/15/26 (a) 350,000 311,640
2.90%, 11/18/26 (a) 100,000 92,943
1.55%, 03/15/28 (a) 250,000 210,518
3.20%, 11/18/29 (a) 400,000 356,160
2.15%, 07/15/30 (a) 400,000 325,120
2.50%, 05/15/31 (a) 350,000 283,910
3.90%, 04/15/32 (a) 350,000 316,711
3.00%, 07/15/50 (a) 225,000 154,420
2.95%, 09/15/51 (a) 200,000 135,282
3.40%, 02/15/52 (a) 100,000 74,528
FactSet Research Systems, Inc.
3.45%, 03/01/32 (a) 100,000 87,870
Fidelity National Information Services, Inc.
0.60%, 03/01/24 300,000 284,115
1.15%, 03/01/26 (a) 350,000 310,650
1.65%, 03/01/28 (a) 250,000 213,858
3.75%, 05/21/29 (a) 50,000 46,793
2.25%, 03/01/31 (a) 450,000 366,412
3.10%, 03/01/41 (a) 250,000 183,303
4.50%, 08/15/46 (a) 100,000 89,143
Fiserv, Inc.
3.80%, 10/01/23 (a) 350,000 350,917
2.75%, 07/01/24 (a) 600,000 585,816
3.85%, 06/01/25 (a) 250,000 247,698
3.20%, 07/01/26 (a) 650,000 617,662
2.25%, 06/01/27 (a) 200,000 179,184
4.20%, 10/01/28 (a) 300,000 290,199
3.50%, 07/01/29 (a) 950,000 866,808
2.65%, 06/01/30 (a) 200,000 169,374
4.40%, 07/01/49 (a) 700,000 604,114
Flex Ltd.
4.75%, 06/15/25 (a) 200,000 201,306
3.75%, 02/01/26 (a) 200,000 191,448
 
81
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.88%, 06/15/29 (a) 200,000 193,310
4.88%, 05/12/30 (a) 250,000 238,738
Fortinet, Inc.
1.00%, 03/15/26 (a) 200,000 176,506
Genpact Luxembourg Sarl
3.38%, 12/01/24 (a) 250,000 245,998
Global Payments, Inc.
1.50%, 11/15/24 (a) 200,000 187,682
2.65%, 02/15/25 (a) 200,000 190,852
1.20%, 03/01/26 (a) 600,000 529,608
4.45%, 06/01/28 (a) 150,000 144,444
3.20%, 08/15/29 (a) 400,000 349,972
2.90%, 05/15/30 (a) 375,000 316,305
2.90%, 11/15/31 (a) 250,000 205,003
4.15%, 08/15/49 (a) 300,000 234,741
Hewlett Packard Enterprise Co.
1.45%, 04/01/24 (a) 400,000 385,320
4.90%, 10/15/25 (a) 900,000 916,533
1.75%, 04/01/26 (a) 350,000 320,211
6.20%, 10/15/35 (a) 250,000 265,885
6.35%, 10/15/45 (a) 450,000 453,568
HP, Inc.
2.20%, 06/17/25 (a) 500,000 472,645
1.45%, 06/17/26 (a) 200,000 177,250
3.00%, 06/17/27 (a) 350,000 323,680
4.00%, 04/15/29 (a) 300,000 281,178
3.40%, 06/17/30 (a) 300,000 261,933
2.65%, 06/17/31 (a) 250,000 201,010
4.20%, 04/15/32 (a) 300,000 267,957
5.50%, 01/15/33 (a) 350,000 341,943
6.00%, 09/15/41 450,000 455,890
Intel Corp.
2.88%, 05/11/24 (a) 200,000 199,466
3.40%, 03/25/25 (a) 600,000 598,932
3.70%, 07/29/25 (a) 650,000 653,620
2.60%, 05/19/26 (a) 250,000 242,165
3.75%, 03/25/27 (a) 250,000 251,265
3.15%, 05/11/27 (a) 400,000 391,400
2.45%, 11/15/29 (a) 700,000 625,086
3.90%, 03/25/30 (a) 600,000 589,272
2.00%, 08/12/31 (a)(e) 500,000 419,350
4.00%, 12/15/32 100,000 98,509
4.60%, 03/25/40 (a) 250,000 244,713
2.80%, 08/12/41 (a) 300,000 228,924
4.80%, 10/01/41 300,000 301,989
4.25%, 12/15/42 150,000 139,680
4.90%, 07/29/45 (a) 200,000 199,746
4.10%, 05/19/46 (a) 250,000 228,265
4.10%, 05/11/47 (a) 325,000 296,537
3.73%, 12/08/47 (a) 600,000 509,586
3.25%, 11/15/49 (a) 650,000 508,917
4.75%, 03/25/50 (a) 700,000 690,277
3.05%, 08/12/51 (a) 350,000 261,387
3.10%, 02/15/60 (a) 350,000 251,524
4.95%, 03/25/60 (a) 350,000 356,555
3.20%, 08/12/61 (a) 250,000 183,115
International Business Machines Corp.
3.38%, 08/01/23 300,000 300,711
3.63%, 02/12/24 800,000 802,672
3.00%, 05/15/24 750,000 744,292
7.00%, 10/30/25 150,000 164,844
3.45%, 02/19/26 700,000 691,474
3.30%, 05/15/26 800,000 781,664
3.30%, 01/27/27 350,000 340,315
2.20%, 02/09/27 (a) 200,000 185,674
1.70%, 05/15/27 (a) 100,000 90,040
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.50%, 05/15/29 1,050,000 994,980
1.95%, 05/15/30 (a) 500,000 420,410
2.72%, 02/09/32 (a) 150,000 130,290
5.88%, 11/29/32 300,000 330,030
4.15%, 05/15/39 750,000 676,702
2.85%, 05/15/40 (a) 300,000 228,675
4.00%, 06/20/42 375,000 325,507
4.70%, 02/19/46 200,000 187,626
4.25%, 05/15/49 950,000 840,645
2.95%, 05/15/50 (a) 300,000 217,143
3.43%, 02/09/52 (a) 100,000 77,204
7.13%, 12/01/96 100,000 131,831
Intuit, Inc.
0.95%, 07/15/25 (a) 300,000 276,891
1.35%, 07/15/27 (a) 350,000 306,884
1.65%, 07/15/30 (a) 50,000 41,219
Jabil, Inc.
3.95%, 01/12/28 (a) 250,000 239,225
3.60%, 01/15/30 (a) 100,000 89,271
3.00%, 01/15/31 (a) 300,000 251,598
Juniper Networks, Inc.
1.20%, 12/10/25 (a) 150,000 134,430
3.75%, 08/15/29 (a) 250,000 229,640
2.00%, 12/10/30 (a) 150,000 117,675
Keysight Technologies, Inc.
4.55%, 10/30/24 (a) 100,000 101,587
4.60%, 04/06/27 (a) 250,000 251,528
3.00%, 10/30/29 (a) 200,000 178,256
KLA Corp.
4.65%, 11/01/24 (a) 400,000 406,560
4.10%, 03/15/29 (a) 174,000 172,707
4.65%, 07/15/32 (a) 300,000 306,726
5.00%, 03/15/49 (a) 150,000 151,956
3.30%, 03/01/50 (a) 250,000 198,715
5.25%, 07/15/62 (a) 250,000 257,395
Kyndryl Holdings, Inc.
2.05%, 10/15/26 (a)(c) 250,000 211,748
3.15%, 10/15/31 (a)(c) 250,000 184,160
4.10%, 10/15/41 (a)(c) 200,000 132,734
Lam Research Corp.
3.80%, 03/15/25 (a) 150,000 150,171
3.75%, 03/15/26 (a) 250,000 249,805
4.00%, 03/15/29 (a) 300,000 295,329
1.90%, 06/15/30 (a) 250,000 211,510
4.88%, 03/15/49 (a) 245,000 250,804
2.88%, 06/15/50 (a) 300,000 221,421
3.13%, 06/15/60 (a) 100,000 72,500
Leidos, Inc.
3.63%, 05/15/25 (a) 200,000 196,158
4.38%, 05/15/30 (a) 300,000 277,188
2.30%, 02/15/31 (a) 250,000 198,730
Marvell Technology, Inc.
1.65%, 04/15/26 (a) 250,000 224,358
2.45%, 04/15/28 (a) 250,000 218,200
4.88%, 06/22/28 (a) 164,000 162,091
2.95%, 04/15/31 (a) 150,000 125,546
Mastercard, Inc.
3.38%, 04/01/24 250,000 250,573
2.00%, 03/03/25 (a) 300,000 289,554
2.95%, 11/21/26 (a) 200,000 195,216
3.30%, 03/26/27 (a) 300,000 295,257
2.95%, 06/01/29 (a) 350,000 328,555
3.35%, 03/26/30 (a) 500,000 477,465
1.90%, 03/15/31 (a) 100,000 85,473
2.00%, 11/18/31 (a) 250,000 211,600
3.80%, 11/21/46 (a) 225,000 205,004
 
82
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.95%, 02/26/48 (a) 100,000 92,701
3.65%, 06/01/49 (a) 300,000 266,721
3.85%, 03/26/50 (a) 550,000 505,070
2.95%, 03/15/51 (a) 250,000 194,783
Maxim Integrated Products, Inc.
3.45%, 06/15/27 (a) 200,000 191,044
Microchip Technology, Inc.
4.33%, 06/01/23 (a) 550,000 550,258
0.97%, 02/15/24 400,000 380,260
4.25%, 09/01/25 (a) 450,000 440,154
Micron Technology, Inc.
4.98%, 02/06/26 (a) 50,000 50,574
4.19%, 02/15/27 (a) 300,000 293,487
5.33%, 02/06/29 (a) 300,000 299,763
4.66%, 02/15/30 (a) 350,000 336,395
2.70%, 04/15/32 (a) 350,000 279,811
3.37%, 11/01/41 (a) 200,000 145,692
Microsoft Corp.
2.00%, 08/08/23 (a) 500,000 495,090
3.63%, 12/15/23 (a) 550,000 555,555
2.88%, 02/06/24 (a) 567,000 566,484
2.70%, 02/12/25 (a) 750,000 744,675
3.13%, 11/03/25 (a) 1,000,000 999,560
2.40%, 08/08/26 (a) 1,250,000 1,205,687
3.30%, 02/06/27 (a) 925,000 923,011
3.50%, 02/12/35 (a) 600,000 577,146
4.20%, 11/03/35 (a) 400,000 412,508
3.45%, 08/08/36 (a) 750,000 709,132
4.10%, 02/06/37 (a) 400,000 407,520
3.50%, 11/15/42 50,000 44,993
3.75%, 02/12/45 (a) 75,000 68,886
4.45%, 11/03/45 (a) 200,000 206,106
3.70%, 08/08/46 (a) 550,000 514,173
4.25%, 02/06/47 (a) 300,000 301,782
2.53%, 06/01/50 (a) 1,900,000 1,400,205
2.92%, 03/17/52 (a) 1,944,000 1,536,810
4.00%, 02/12/55 (a) 200,000 191,776
3.95%, 08/08/56 (a) 150,000 142,329
4.50%, 02/06/57 (a) 250,000 263,045
2.68%, 06/01/60 (a) 1,260,000 906,935
3.04%, 03/17/62 (a) 641,000 499,801
Moody's Corp.
4.88%, 02/15/24 (a) 100,000 101,939
3.75%, 03/24/25 (a) 250,000 249,820
3.25%, 01/15/28 (a) 100,000 94,688
4.25%, 02/01/29 (a) 200,000 198,988
2.00%, 08/19/31 (a) 200,000 163,484
2.75%, 08/19/41 (a) 200,000 146,894
5.25%, 07/15/44 100,000 101,371
4.88%, 12/17/48 (a) 150,000 148,143
3.25%, 05/20/50 (a) 50,000 37,235
2.55%, 08/18/60 (a) 250,000 155,595
3.10%, 11/29/61 (a) 150,000 103,820
Motorola Solutions, Inc.
4.60%, 02/23/28 (a) 200,000 195,344
4.60%, 05/23/29 (a) 250,000 238,883
2.30%, 11/15/30 (a) 300,000 234,918
2.75%, 05/24/31 (a) 350,000 283,833
5.60%, 06/01/32 (a) 200,000 201,724
5.50%, 09/01/44 150,000 140,198
NetApp, Inc.
3.30%, 09/29/24 (a) 150,000 147,617
1.88%, 06/22/25 (a) 250,000 233,270
2.38%, 06/22/27 (a) 175,000 158,960
2.70%, 06/22/30 (a) 250,000 211,095
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
NVIDIA Corp.
0.58%, 06/14/24 (a) 250,000 237,295
3.20%, 09/16/26 (a) 400,000 397,000
2.85%, 04/01/30 (a) 500,000 458,080
2.00%, 06/15/31 (a) 450,000 382,662
3.50%, 04/01/40 (a) 350,000 306,838
3.50%, 04/01/50 (a) 650,000 553,156
3.70%, 04/01/60 (a) 200,000 168,934
NXP BV/NXP Funding LLC
4.88%, 03/01/24 (a) 250,000 252,683
5.35%, 03/01/26 (a) 200,000 204,466
5.55%, 12/01/28 (a) 250,000 255,003
NXP BV/NXP Funding LLC/NXP USA, Inc.
2.70%, 05/01/25 (a) 200,000 190,748
3.88%, 06/18/26 (a) 250,000 241,210
3.15%, 05/01/27 (a) 300,000 280,533
4.30%, 06/18/29 (a) 350,000 336,913
3.40%, 05/01/30 (a) 450,000 401,391
2.65%, 02/15/32 (a) 300,000 246,789
3.25%, 05/11/41 (a) 250,000 191,923
3.25%, 11/30/51 (a) 350,000 246,033
Oracle Corp.
3.63%, 07/15/23 200,000 199,846
2.40%, 09/15/23 (a) 850,000 837,250
3.40%, 07/08/24 (a) 650,000 641,764
2.95%, 11/15/24 (a) 570,000 553,550
2.50%, 04/01/25 (a) 1,100,000 1,045,308
2.95%, 05/15/25 (a) 500,000 479,575
1.65%, 03/25/26 (a) 900,000 806,526
2.65%, 07/15/26 (a) 756,000 697,629
2.80%, 04/01/27 (a) 750,000 685,297
3.25%, 11/15/27 (a) 1,000,000 922,180
2.30%, 03/25/28 (a) 650,000 559,975
2.95%, 04/01/30 (a) 1,050,000 896,595
3.25%, 05/15/30 (a) 150,000 130,464
2.88%, 03/25/31 (a) 1,000,000 824,320
4.30%, 07/08/34 (a) 600,000 527,094
3.90%, 05/15/35 (a) 350,000 288,831
3.85%, 07/15/36 (a) 350,000 281,684
3.80%, 11/15/37 (a) 600,000 467,184
6.50%, 04/15/38 400,000 414,608
6.13%, 07/08/39 200,000 201,040
3.60%, 04/01/40 (a) 950,000 712,452
5.38%, 07/15/40 700,000 638,078
3.65%, 03/25/41 (a) 700,000 521,920
4.50%, 07/08/44 (a) 250,000 204,560
4.13%, 05/15/45 (a) 620,000 473,785
4.00%, 07/15/46 (a) 900,000 668,817
4.00%, 11/15/47 (a) 700,000 521,514
3.60%, 04/01/50 (a) 1,400,000 978,222
3.95%, 03/25/51 (a) 840,000 617,534
4.38%, 05/15/55 (a) 425,000 320,735
3.85%, 04/01/60 (a) 1,100,000 759,726
4.10%, 03/25/61 (a) 500,000 358,540
PayPal Holdings, Inc.
2.40%, 10/01/24 (a) 400,000 390,576
1.65%, 06/01/25 (a) 350,000 330,249
2.65%, 10/01/26 (a) 400,000 379,652
3.90%, 06/01/27 (a) 150,000 149,409
2.85%, 10/01/29 (a) 525,000 476,175
2.30%, 06/01/30 (a) 300,000 258,483
4.40%, 06/01/32 (a) 300,000 297,192
3.25%, 06/01/50 (a) 200,000 151,156
5.05%, 06/01/52 (a) 300,000 298,755
5.25%, 06/01/62 (a) 150,000 148,536
 
83
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See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Qorvo, Inc.
1.75%, 12/15/24 (a)(c) 200,000 187,794
4.38%, 10/15/29 (a) 250,000 220,558
QUALCOMM, Inc.
2.90%, 05/20/24 (a) 125,000 124,448
3.45%, 05/20/25 (a) 450,000 449,995
3.25%, 05/20/27 (a) 350,000 342,555
1.30%, 05/20/28 (a) 484,000 419,797
2.15%, 05/20/30 (a) 400,000 351,248
1.65%, 05/20/32 (a) 650,000 525,765
4.65%, 05/20/35 (a) 300,000 308,571
4.80%, 05/20/45 (a) 500,000 512,570
4.30%, 05/20/47 (a) 400,000 384,336
3.25%, 05/20/50 (a) 275,000 225,068
4.50%, 05/20/52 (a) 300,000 297,642
RELX Capital, Inc.
4.00%, 03/18/29 (a) 350,000 338,810
3.00%, 05/22/30 (a) 200,000 179,806
S&P Global, Inc.
2.95%, 01/22/27 (a) 150,000 144,392
2.45%, 03/01/27 (a)(c) 400,000 374,728
4.75%, 08/01/28 (a)(c) 250,000 254,685
2.70%, 03/01/29 (a)(c) 400,000 364,384
4.25%, 05/01/29 (a)(c) 200,000 198,310
2.50%, 12/01/29 (a) 200,000 177,014
1.25%, 08/15/30 (a) 250,000 198,428
2.90%, 03/01/32 (a)(c) 400,000 356,652
3.25%, 12/01/49 (a) 200,000 157,110
3.70%, 03/01/52 (a)(c) 300,000 256,734
2.30%, 08/15/60 (a) 200,000 123,380
3.90%, 03/01/62 (a)(c) 200,000 170,310
salesforce.com, Inc.
0.63%, 07/15/24 (a) 200,000 189,458
3.70%, 04/11/28 (a) 525,000 519,188
1.50%, 07/15/28 (a) 300,000 262,248
1.95%, 07/15/31 (a) 500,000 425,735
2.70%, 07/15/41 (a) 400,000 310,296
2.90%, 07/15/51 (a) 550,000 417,450
3.05%, 07/15/61 (a) 400,000 295,240
ServiceNow, Inc.
1.40%, 09/01/30 (a) 550,000 431,007
Skyworks Solutions, Inc.
1.80%, 06/01/26 (a) 200,000 177,548
3.00%, 06/01/31 (a) 200,000 163,466
SYNNEX Corp.
1.25%, 08/09/24 (a)(c) 250,000 233,345
1.75%, 08/09/26 (a)(c) 400,000 353,304
2.65%, 08/09/31 (a)(c) 250,000 202,090
Teledyne FLIR LLC
2.50%, 08/01/30 (a) 200,000 165,676
Tencent Music Entertainment Group
1.38%, 09/03/25 (a) 200,000 182,186
2.00%, 09/03/30 (a) 200,000 156,828
Texas Instruments, Inc.
1.38%, 03/12/25 (a) 250,000 236,950
1.13%, 09/15/26 (a) 200,000 182,252
2.90%, 11/03/27 (a) 200,000 191,498
2.25%, 09/04/29 (a) 350,000 312,392
1.75%, 05/04/30 (a) 250,000 214,053
1.90%, 09/15/31 (a) 150,000 127,497
3.88%, 03/15/39 (a) 50,000 47,169
4.15%, 05/15/48 (a) 550,000 531,679
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Thomson Reuters Corp.
4.30%, 11/23/23 (a) 200,000 201,720
5.85%, 04/15/40 200,000 210,342
5.65%, 11/23/43 (a) 150,000 152,675
Trimble, Inc.
4.75%, 12/01/24 (a) 100,000 100,697
4.90%, 06/15/28 (a) 175,000 169,971
TSMC Arizona Corp.
1.75%, 10/25/26 (a) 300,000 275,664
3.88%, 04/22/27 (a) 300,000 299,235
4.13%, 04/22/29 (a) 200,000 199,734
2.50%, 10/25/31 (a) 300,000 258,027
4.25%, 04/22/32 (a) 300,000 296,736
3.13%, 10/25/41 (a) 400,000 328,004
3.25%, 10/25/51 (a)(e) 350,000 283,836
4.50%, 04/22/52 (a) 300,000 296,280
Tyco Electronics Group S.A.
3.45%, 08/01/24 (a) 165,000 164,675
3.70%, 02/15/26 (a) 150,000 149,739
3.13%, 08/15/27 (a) 150,000 144,354
VeriSign, Inc.
5.25%, 04/01/25 (a) 150,000 151,608
4.75%, 07/15/27 (a) 200,000 195,914
2.70%, 06/15/31 (a) 250,000 201,445
Verisk Analytics, Inc.
4.00%, 06/15/25 (a) 300,000 297,891
4.13%, 03/15/29 (a) 175,000 168,550
5.50%, 06/15/45 (a) 150,000 150,461
3.63%, 05/15/50 (a) 100,000 77,857
Visa, Inc.
3.15%, 12/14/25 (a) 1,250,000 1,234,400
1.90%, 04/15/27 (a) 400,000 369,356
0.75%, 08/15/27 (a) 150,000 130,116
2.75%, 09/15/27 (a) 150,000 143,358
2.05%, 04/15/30 (a) 550,000 482,531
1.10%, 02/15/31 (a) 350,000 280,294
4.15%, 12/14/35 (a) 500,000 499,035
2.70%, 04/15/40 (a) 250,000 202,288
4.30%, 12/14/45 (a) 1,150,000 1,136,579
3.65%, 09/15/47 (a) 50,000 44,634
2.00%, 08/15/50 (a) 550,000 365,865
VMware, Inc.
0.60%, 08/15/23 500,000 483,445
4.50%, 05/15/25 (a) 350,000 351,844
1.40%, 08/15/26 (a) 500,000 442,945
3.90%, 08/21/27 (a) 500,000 480,530
4.70%, 05/15/30 (a) 450,000 432,990
2.20%, 08/15/31 (a) 500,000 393,870
Western Digital Corp.
4.75%, 02/15/26 (a) 700,000 670,761
2.85%, 02/01/29 (a) 200,000 163,118
3.10%, 02/01/32 (a) 200,000 153,568
Western Union Co.
2.85%, 01/10/25 (a) 200,000 192,252
1.35%, 03/15/26 (a) 200,000 178,704
2.75%, 03/15/31 (a) 150,000 123,519
6.20%, 11/17/36 50,000 50,468
Workday, Inc.
3.50%, 04/01/27 (a) 300,000 287,769
3.70%, 04/01/29 (a) 300,000 281,496
3.80%, 04/01/32 (a) 300,000 274,557
Xilinx, Inc.
2.95%, 06/01/24 (a) 250,000 248,333
2.38%, 06/01/30 (a) 250,000 220,538
    178,111,467
 
84
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Transportation 0.5%
American Airlines 2015-2 Class AA Pass-Through Trust
3.60%, 03/22/29 143,157 131,161
American Airlines 2016-1 Class AA Pass-Through Trust
3.58%, 07/15/29 184,531 169,370
American Airlines 2016-2 Class AA Pass-Through Trust
3.20%, 12/15/29 445,200 405,782
American Airlines 2017-2 Class AA Pass-Through Trust
3.35%, 04/15/31 39,176 35,398
American Airlines 2019-1 Class AA Pass-Through Trust
3.15%, 08/15/33 312,050 273,806
BNSF Funding Trust I
6.61%, 12/15/55 (a)(b) 100,000 98,543
Burlington Northern Santa Fe LLC
3.85%, 09/01/23 (a) 325,000 327,015
3.40%, 09/01/24 (a) 300,000 300,729
3.00%, 04/01/25 (a) 240,000 238,265
7.00%, 12/15/25 150,000 166,394
3.25%, 06/15/27 (a) 200,000 195,810
6.20%, 08/15/36 100,000 117,112
6.15%, 05/01/37 50,000 58,633
5.75%, 05/01/40 (a) 50,000 55,164
5.05%, 03/01/41 (a) 400,000 410,572
5.40%, 06/01/41 (a) 250,000 266,055
4.40%, 03/15/42 (a) 250,000 236,617
4.38%, 09/01/42 (a) 350,000 332,283
4.45%, 03/15/43 (a) 200,000 190,840
5.15%, 09/01/43 (a) 550,000 571,318
4.90%, 04/01/44 (a) 150,000 150,966
4.55%, 09/01/44 (a) 425,000 410,129
4.70%, 09/01/45 (a) 200,000 196,714
3.90%, 08/01/46 (a) 100,000 89,025
4.05%, 06/15/48 (a) 500,000 458,350
4.15%, 12/15/48 (a) 300,000 277,242
3.05%, 02/15/51 (a) 200,000 154,214
3.30%, 09/15/51 (a) 450,000 363,042
2.88%, 06/15/52 (a) 150,000 111,830
Canadian National Railway Co.
2.95%, 11/21/24 (a) 150,000 147,705
6.90%, 07/15/28 150,000 170,794
6.38%, 11/15/37 150,000 172,552
3.20%, 08/02/46 (a) 250,000 195,945
3.65%, 02/03/48 (a) 250,000 211,302
4.45%, 01/20/49 (a) 200,000 191,076
2.45%, 05/01/50 (a) 300,000 202,542
Canadian Pacific Railway Co.
1.35%, 12/02/24 (a) 500,000 471,700
2.90%, 02/01/25 (a) 271,000 263,287
4.00%, 06/01/28 (a) 200,000 198,438
2.05%, 03/05/30 (a) 200,000 169,418
7.13%, 10/15/31 100,000 116,914
2.45%, 12/02/31 (a) 450,000 386,568
4.80%, 09/15/35 (a) 145,000 144,732
5.95%, 05/15/37 100,000 110,884
3.00%, 12/02/41 (a) 300,000 236,997
4.80%, 08/01/45 (a) 150,000 148,323
3.10%, 12/02/51 (a) 600,000 444,306
6.13%, 09/15/15 (a) 289,000 302,661
CH Robinson Worldwide, Inc.
4.20%, 04/15/28 (a) 200,000 193,152
Continental Airlines 2012-1 Class A Pass-Through Trust
4.15%, 10/11/25 158,197 153,989
CSX Corp.
3.40%, 08/01/24 (a) 150,000 149,358
3.35%, 11/01/25 (a) 150,000 147,510
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.60%, 11/01/26 (a) 250,000 235,502
3.25%, 06/01/27 (a) 378,000 363,175
3.80%, 03/01/28 (a) 250,000 244,667
2.40%, 02/15/30 (a) 275,000 241,469
6.00%, 10/01/36 50,000 55,454
6.15%, 05/01/37 250,000 281,787
6.22%, 04/30/40 175,000 198,761
5.50%, 04/15/41 (a) 150,000 158,543
4.75%, 05/30/42 (a) 50,000 47,779
4.40%, 03/01/43 (a) 150,000 137,549
4.10%, 03/15/44 (a) 250,000 220,340
3.80%, 11/01/46 (a) 250,000 211,975
4.30%, 03/01/48 (a) 50,000 45,987
4.75%, 11/15/48 (a) 250,000 244,807
4.50%, 03/15/49 (a) 150,000 140,661
3.35%, 09/15/49 (a) 200,000 156,726
3.80%, 04/15/50 (a) 150,000 126,923
3.95%, 05/01/50 (a) 250,000 217,180
2.50%, 05/15/51 (a) 150,000 101,658
4.50%, 08/01/54 (a) 200,000 185,760
4.25%, 11/01/66 (a) 250,000 213,762
4.65%, 03/01/68 (a) 125,000 114,635
Delta Air Lines 2019-1 Class AA Pass-Through Trust
3.20%, 10/25/25 188,000 181,668
Delta Air Lines 2020-1 Class AA Pass-Through Trust
2.00%, 12/10/29 132,062 116,397
FedEx Corp 2020-1 Class AA Pass-Through Trust
1.88%, 08/20/35 229,948 198,751
FedEx Corp.
3.25%, 04/01/26 (a) 250,000 245,590
3.40%, 02/15/28 (a) 350,000 334,691
4.20%, 10/17/28 (a) 150,000 148,889
3.10%, 08/05/29 (a) 350,000 319,609
4.25%, 05/15/30 (a) 300,000 292,563
4.90%, 01/15/34 112,000 112,152
3.90%, 02/01/35 300,000 269,538
3.25%, 05/15/41 (a) 250,000 196,282
3.88%, 08/01/42 300,000 251,889
5.10%, 01/15/44 250,000 241,152
4.10%, 02/01/45 227,000 191,336
4.75%, 11/15/45 (a) 265,000 244,523
4.55%, 04/01/46 (a) 450,000 404,964
4.40%, 01/15/47 (a) 150,000 131,483
4.05%, 02/15/48 (a) 250,000 210,235
4.95%, 10/17/48 (a) 300,000 286,680
5.25%, 05/15/50 (a)(e) 400,000 399,736
GXO Logistics, Inc.
1.65%, 07/15/26 (a) 100,000 87,300
2.65%, 07/15/31 (a) 150,000 118,694
JB Hunt Transport Services, Inc.
3.88%, 03/01/26 (a) 275,000 272,154
JetBlue 2019-1 Class AA Pass-Through Trust
2.75%, 11/15/33 133,540 113,334
JetBlue 2020-1 Class A Pass-Through Trust
Series 1A
4.00%, 05/15/34
225,461 207,354
Kansas City Southern
2.88%, 11/15/29 (a) 150,000 134,283
4.30%, 05/15/43 (a) 50,000 43,739
4.95%, 08/15/45 (a) 200,000 194,728
4.70%, 05/01/48 (a) 150,000 141,537
3.50%, 05/01/50 (a) 200,000 156,910
4.20%, 11/15/69 (a) 150,000 124,061
Kirby Corp.
4.20%, 03/01/28 (a) 200,000 186,576
 
85
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Norfolk Southern Corp.
3.85%, 01/15/24 (a) 50,000 50,192
2.90%, 06/15/26 (a) 550,000 527,164
2.55%, 11/01/29 (a) 200,000 179,322
2.30%, 05/15/31 (a) 200,000 171,146
4.84%, 10/01/41 400,000 391,408
4.45%, 06/15/45 (a) 250,000 233,842
4.65%, 01/15/46 (a) 150,000 144,998
3.94%, 11/01/47 (a) 350,000 305,385
4.15%, 02/28/48 (a) 275,000 246,859
4.10%, 05/15/49 (a) 300,000 266,949
3.40%, 11/01/49 (a) 300,000 237,378
3.05%, 05/15/50 (a) 300,000 220,758
4.05%, 08/15/52 (a) 350,000 305,560
4.55%, 06/01/53 (a) 200,000 189,120
3.16%, 05/15/55 (a) 375,000 274,095
Ryder System, Inc.
3.88%, 12/01/23 (a) 150,000 149,906
3.65%, 03/18/24 (a) 150,000 148,862
2.50%, 09/01/24 (a) 200,000 192,626
3.35%, 09/01/25 (a) 135,000 130,622
2.90%, 12/01/26 (a) 200,000 186,496
Southwest Airlines Co.
5.25%, 05/04/25 (a) 350,000 357,434
3.00%, 11/15/26 (a) 300,000 280,887
5.13%, 06/15/27 (a) 475,000 479,489
3.45%, 11/16/27 (a) 150,000 141,243
2.63%, 02/10/30 (a) 200,000 169,080
Spirit Airlines Pass-Through Trust 2015-1A
4.10%, 10/01/29 63,566 59,936
Triton Container International Ltd./TAL International Container Corp.
3.25%, 03/15/32 (a) 150,000 122,516
Union Pacific Corp.
3.65%, 02/15/24 (a) 250,000 250,597
3.15%, 03/01/24 (a) 250,000 248,502
3.75%, 03/15/24 (a) 100,000 100,356
3.25%, 08/15/25 (a) 500,000 493,090
2.75%, 03/01/26 (a) 500,000 480,500
2.15%, 02/05/27 (a) 225,000 209,095
3.70%, 03/01/29 (a) 300,000 292,146
2.40%, 02/05/30 (a) 250,000 221,157
2.80%, 02/14/32 (a) 400,000 356,108
3.38%, 02/01/35 (a) 400,000 359,196
2.89%, 04/06/36 (a) 250,000 207,140
3.60%, 09/15/37 (a) 200,000 179,856
3.55%, 08/15/39 (a) 300,000 259,722
3.20%, 05/20/41 (a) 250,000 205,012
4.05%, 11/15/45 (a) 120,000 106,151
4.05%, 03/01/46 (a) 250,000 227,865
4.00%, 04/15/47 (a) 200,000 179,412
4.50%, 09/10/48 (a) 100,000 95,955
4.30%, 03/01/49 (a) 250,000 235,720
3.25%, 02/05/50 (a) 700,000 551,474
3.80%, 10/01/51 (a) 250,000 215,700
3.50%, 02/14/53 (a) 400,000 327,596
3.88%, 02/01/55 (a) 150,000 128,822
3.95%, 08/15/59 (a) 175,000 150,360
3.84%, 03/20/60 (a) 700,000 586,040
2.97%, 09/16/62 (a) 450,000 312,786
4.10%, 09/15/67 (a) 175,000 149,356
3.75%, 02/05/70 (a) 250,000 200,267
3.80%, 04/06/71 (a) 350,000 282,191
United Airlines 2013-1 Class A Pass-Through Trust
4.30%, 02/15/27 502,427 482,114
United Airlines 2014-1 Class A Pass-Through Trust
4.00%, 10/11/27 89,253 83,562
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
United Airlines 2014-2 Class A Pass-Through Trust
3.75%, 03/03/28 211,576 199,710
United Airlines 2016-1 Class AA Pass-Through Trust
3.10%, 01/07/30 457,532 414,135
United Airlines 2016-2 Class AA Pass-Through Trust
2.88%, 04/07/30 91,455 83,017
United Airlines 2018-1 Class AA Pass-Through Trust
3.50%, 09/01/31 291,864 262,920
United Airlines 2019-1 Class AA Pass-Through Trust
4.15%, 02/25/33 278,716 259,895
United Airlines 2019-2 Class AA Pass-Through Trust
2.70%, 11/01/33 182,010 153,562
United Airlines 2020-1 Class B Pass-Through Trust
4.88%, 07/15/27 166,000 157,474
United Parcel Service, Inc.
2.20%, 09/01/24 (a) 150,000 146,475
2.80%, 11/15/24 (a) 150,000 148,292
3.90%, 04/01/25 (a) 350,000 353,055
3.05%, 11/15/27 (a) 450,000 438,349
3.40%, 03/15/29 (a) 100,000 96,604
2.50%, 09/01/29 (a) 150,000 136,418
4.45%, 04/01/30 (a) 325,000 332,881
6.20%, 01/15/38 400,000 467,076
5.20%, 04/01/40 (a) 200,000 212,584
4.88%, 11/15/40 (a) 100,000 102,300
3.63%, 10/01/42 100,000 87,233
3.40%, 11/15/46 (a) 200,000 166,864
3.75%, 11/15/47 (a) 300,000 268,002
4.25%, 03/15/49 (a) 260,000 249,798
3.40%, 09/01/49 (a) 200,000 169,388
5.30%, 04/01/50 (a) 400,000 441,124
    41,914,707
    1,046,289,512
 
Utility 2.0%
Electric 1.8%
AEP Texas, Inc.
3.95%, 06/01/28 (a) 95,000 92,422
2.10%, 07/01/30 (a) 300,000 250,221
4.15%, 05/01/49 (a) 200,000 172,734
3.45%, 01/15/50 (a) 250,000 193,883
5.25%, 05/15/52 (a) 175,000 177,735
AEP Transmission Co. LLC
3.75%, 12/01/47 (a) 250,000 213,097
4.25%, 09/15/48 (a) 210,000 192,463
3.80%, 06/15/49 (a) 100,000 85,615
3.65%, 04/01/50 (a) 150,000 125,096
AES Corp.
1.38%, 01/15/26 (a) 250,000 220,697
2.45%, 01/15/31 (a) 350,000 281,792
Alabama Power Co.
3.55%, 12/01/23 100,000 100,546
1.45%, 09/15/30 (a) 250,000 203,648
6.00%, 03/01/39 225,000 248,467
3.85%, 12/01/42 150,000 128,915
4.30%, 01/02/46 (a) 350,000 319,508
3.70%, 12/01/47 (a) 400,000 334,948
4.30%, 07/15/48 (a) 100,000 90,880
3.45%, 10/01/49 (a) 250,000 198,040
Ameren Corp.
2.50%, 09/15/24 (a) 250,000 242,805
3.65%, 02/15/26 (a) 400,000 393,348
3.50%, 01/15/31 (a) 300,000 275,265
 
86
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Ameren Illinois Co.
4.15%, 03/15/46 (a) 300,000 275,598
3.70%, 12/01/47 (a) 150,000 129,144
3.25%, 03/15/50 (a) 100,000 78,506
American Electric Power Co., Inc.
3.20%, 11/13/27 (a) 50,000 47,283
4.30%, 12/01/28 (a) 400,000 390,072
2.30%, 03/01/30 (a) 200,000 168,578
3.25%, 03/01/50 (a) 200,000 144,518
Appalachian Power Co.
3.40%, 06/01/25 (a) 300,000 296,253
3.30%, 06/01/27 (a) 300,000 288,126
7.00%, 04/01/38 210,000 244,600
4.45%, 06/01/45 (a) 250,000 218,797
4.50%, 03/01/49 (a) 150,000 134,220
3.70%, 05/01/50 (a) 200,000 159,968
Arizona Public Service Co.
3.15%, 05/15/25 (a) 250,000 245,500
5.05%, 09/01/41 (a) 100,000 95,644
4.35%, 11/15/45 (a) 275,000 236,879
4.20%, 08/15/48 (a) 100,000 85,865
4.25%, 03/01/49 (a) 150,000 130,716
3.35%, 05/15/50 (a) 350,000 258,499
2.65%, 09/15/50 (a) 250,000 161,223
Avangrid, Inc.
3.15%, 12/01/24 (a) 300,000 293,583
3.20%, 04/15/25 (a) 175,000 170,168
3.80%, 06/01/29 (a) 195,000 182,754
Avista Corp.
4.35%, 06/01/48 (a) 150,000 141,756
Baltimore Gas and Electric Co.
3.50%, 08/15/46 (a) 250,000 206,720
3.75%, 08/15/47 (a) 175,000 151,764
4.25%, 09/15/48 (a) 150,000 139,259
3.20%, 09/15/49 (a) 100,000 78,048
2.90%, 06/15/50 (a) 150,000 110,978
Berkshire Hathaway Energy Co.
3.50%, 02/01/25 (a) 150,000 150,116
4.05%, 04/15/25 (a) 600,000 605,610
3.25%, 04/15/28 (a) 325,000 309,332
3.70%, 07/15/30 (a) 200,000 192,072
6.13%, 04/01/36 500,000 552,475
5.95%, 05/15/37 250,000 275,017
5.15%, 11/15/43 (a) 260,000 263,398
4.50%, 02/01/45 (a) 250,000 232,230
3.80%, 07/15/48 (a) 250,000 210,923
4.45%, 01/15/49 (a) 300,000 280,371
4.25%, 10/15/50 (a) 350,000 320,432
2.85%, 05/15/51 (a) 350,000 248,787
4.60%, 05/01/53 (a)(c) 300,000 289,812
Black Hills Corp.
1.04%, 08/23/24 (a) 200,000 187,422
3.05%, 10/15/29 (a) 150,000 133,473
2.50%, 06/15/30 (a) 250,000 209,353
4.35%, 05/01/33 (a) 150,000 140,378
4.20%, 09/15/46 (a) 100,000 85,293
3.88%, 10/15/49 (a) 100,000 81,429
CenterPoint Energy Houston Electric LLC
3.00%, 03/01/32 (a) 250,000 228,207
6.95%, 03/15/33 50,000 59,720
3.55%, 08/01/42 (a) 128,000 111,117
3.95%, 03/01/48 (a) 200,000 181,456
4.25%, 02/01/49 (a) 250,000 238,197
2.90%, 07/01/50 (a) 150,000 113,586
3.60%, 03/01/52 (a) 250,000 215,617
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
CenterPoint Energy, Inc.
2.50%, 09/01/24 (a) 200,000 193,662
4.25%, 11/01/28 (a) 120,000 117,728
2.95%, 03/01/30 (a) 400,000 356,188
3.70%, 09/01/49 (a) 200,000 161,090
Cleco Corporate Holdings LLC
3.74%, 05/01/26 (a) 170,000 164,742
4.97%, 05/01/46 (a) 100,000 94,964
CMS Energy Corp.
3.00%, 05/15/26 (a) 350,000 337,011
3.45%, 08/15/27 (a) 200,000 191,918
4.88%, 03/01/44 (a) 100,000 95,683
Commonwealth Edison Co.
2.55%, 06/15/26 (a) 123,000 118,054
3.70%, 08/15/28 (a) 750,000 731,475
6.45%, 01/15/38 300,000 352,176
3.80%, 10/01/42 (a) 200,000 172,860
4.60%, 08/15/43 (a) 150,000 145,785
4.70%, 01/15/44 (a) 150,000 147,432
3.70%, 03/01/45 (a) 100,000 84,139
4.35%, 11/15/45 (a) 150,000 139,524
3.65%, 06/15/46 (a) 250,000 212,403
3.75%, 08/15/47 (a) 250,000 216,020
4.00%, 03/01/48 (a) 150,000 135,449
4.00%, 03/01/49 (a) 200,000 180,228
3.20%, 11/15/49 (a) 100,000 78,381
3.00%, 03/01/50 (a) 300,000 230,853
3.13%, 03/15/51 (a) 250,000 193,665
Connecticut Light and Power Co.
0.75%, 12/01/25 (a) 50,000 45,287
3.20%, 03/15/27 (a) 200,000 194,874
2.05%, 07/01/31 (a) 300,000 253,800
4.30%, 04/15/44 (a) 150,000 140,357
4.00%, 04/01/48 (a) 250,000 227,767
Consolidated Edison Co. of New York, Inc.
4.00%, 12/01/28 (a) 200,000 197,642
3.35%, 04/01/30 (a) 400,000 373,156
5.30%, 03/01/35 350,000 363,993
5.85%, 03/15/36 50,000 53,665
6.75%, 04/01/38 350,000 410,557
5.50%, 12/01/39 250,000 260,215
5.70%, 06/15/40 150,000 158,808
3.95%, 03/01/43 (a) 300,000 259,443
4.45%, 03/15/44 (a) 400,000 368,552
4.50%, 12/01/45 (a) 100,000 92,285
3.88%, 06/15/47 (a) 250,000 210,223
4.13%, 05/15/49 (a) 200,000 175,658
3.95%, 04/01/50 (a) 350,000 305,459
4.63%, 12/01/54 (a) 250,000 232,382
4.30%, 12/01/56 (a) 200,000 176,152
4.00%, 11/15/57 (a) 250,000 209,098
4.50%, 05/15/58 (a) 290,000 261,652
3.70%, 11/15/59 (a) 200,000 159,056
3.00%, 12/01/60 (a) 200,000 137,744
3.60%, 06/15/61 (a) 200,000 158,954
Consolidated Edison, Inc.
0.65%, 12/01/23 (a) 300,000 289,059
Consumers Energy Co.
3.38%, 08/15/23 (a) 250,000 250,505
3.95%, 05/15/43 (a) 250,000 223,285
4.05%, 05/15/48 (a) 200,000 183,416
4.35%, 04/15/49 (a) 200,000 191,204
3.75%, 02/15/50 (a) 100,000 87,529
3.10%, 08/15/50 (a) 300,000 231,603
3.50%, 08/01/51 (a) 100,000 83,887
2.50%, 05/01/60 (a) 350,000 225,165
 
87
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Dayton Power & Light Co.
3.95%, 06/15/49 (a) 150,000 128,679
Delmarva Power & Light Co.
3.50%, 11/15/23 (a) 300,000 301,401
4.15%, 05/15/45 (a) 200,000 179,242
Dominion Energy South Carolina, Inc.
2.30%, 12/01/31 (a) 150,000 128,294
5.30%, 05/15/33 100,000 106,929
6.05%, 01/15/38 250,000 280,222
5.45%, 02/01/41 (a) 100,000 105,096
5.10%, 06/01/65 (a) 200,000 200,464
Dominion Energy, Inc.
3.07%, 08/15/24 225,000 219,924
2.85%, 08/15/26 (a) 300,000 285,093
3.60%, 03/15/27 (a) 200,000 194,788
4.25%, 06/01/28 (a) 350,000 345,471
3.38%, 04/01/30 (a) 550,000 503,602
6.30%, 03/15/33 45,000 49,457
5.25%, 08/01/33 300,000 310,710
5.95%, 06/15/35 150,000 160,238
7.00%, 06/15/38 200,000 232,566
4.90%, 08/01/41 (a) 200,000 192,372
4.05%, 09/15/42 (a) 200,000 172,144
4.70%, 12/01/44 (a) 150,000 139,110
4.60%, 03/15/49 (a) 150,000 140,903
5.75%, 10/01/54 (a)(b) 100,000 93,561
DTE Electric Co.
3.38%, 03/01/25 (a) 150,000 148,913
2.25%, 03/01/30 (a) 200,000 175,512
2.63%, 03/01/31 (a) 300,000 266,655
4.00%, 04/01/43 (a) 125,000 112,588
4.30%, 07/01/44 (a) 150,000 140,058
3.70%, 03/15/45 (a) 150,000 128,312
3.70%, 06/01/46 (a) 200,000 175,722
4.05%, 05/15/48 (a) 175,000 161,012
3.95%, 03/01/49 (a) 239,000 215,791
2.95%, 03/01/50 (a) 50,000 38,197
3.25%, 04/01/51 (a) 200,000 161,264
DTE Energy Co.
2.53%, 10/01/24 170,000 164,569
2.85%, 10/01/26 (a) 645,000 610,551
3.40%, 06/15/29 (a) 250,000 229,782
2.95%, 03/01/30 (a) 200,000 177,528
Duke Energy Carolinas LLC
3.95%, 11/15/28 (a) 236,000 233,213
2.45%, 02/01/30 (a) 250,000 221,262
6.45%, 10/15/32 100,000 112,799
6.10%, 06/01/37 150,000 164,145
6.00%, 01/15/38 200,000 223,560
6.05%, 04/15/38 250,000 280,217
5.30%, 02/15/40 200,000 208,746
4.25%, 12/15/41 (a) 250,000 232,050
4.00%, 09/30/42 (a) 250,000 223,915
3.75%, 06/01/45 (a) 200,000 169,168
3.88%, 03/15/46 (a) 150,000 132,024
3.70%, 12/01/47 (a) 200,000 169,962
3.95%, 03/15/48 (a) 200,000 176,486
3.20%, 08/15/49 (a) 300,000 236,232
3.45%, 04/15/51 (a) 150,000 122,970
Duke Energy Corp.
3.75%, 04/15/24 (a) 440,000 440,026
0.90%, 09/15/25 (a) 200,000 181,412
2.65%, 09/01/26 (a) 500,000 469,865
3.15%, 08/15/27 (a) 400,000 378,788
3.40%, 06/15/29 (a) 200,000 183,412
2.45%, 06/01/30 (a) 500,000 422,055
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.55%, 06/15/31 (a) 500,000 415,885
4.80%, 12/15/45 (a) 100,000 91,598
3.75%, 09/01/46 (a) 200,000 157,998
3.95%, 08/15/47 (a) 450,000 366,664
4.20%, 06/15/49 (a) 200,000 167,744
3.50%, 06/15/51 (a) 250,000 188,845
3.25%, 01/15/82 (a)(b) 100,000 77,575
Duke Energy Florida LLC
3.20%, 01/15/27 (a) 450,000 438,817
3.80%, 07/15/28 (a) 100,000 97,873
2.50%, 12/01/29 (a) 150,000 133,560
1.75%, 06/15/30 (a) 250,000 208,208
6.35%, 09/15/37 150,000 172,107
6.40%, 06/15/38 300,000 353,667
5.65%, 04/01/40 250,000 268,760
3.85%, 11/15/42 (a) 300,000 262,008
3.40%, 10/01/46 (a) 100,000 79,045
4.20%, 07/15/48 (a) 100,000 90,245
Duke Energy Florida Project Finance LLC
2.54%, 09/01/31 400,000 376,908
Duke Energy Indiana LLC
6.12%, 10/15/35 100,000 108,274
6.35%, 08/15/38 200,000 227,902
6.45%, 04/01/39 200,000 227,438
4.90%, 07/15/43 (a) 75,000 73,553
3.75%, 05/15/46 (a) 50,000 42,791
3.25%, 10/01/49 (a) 150,000 116,822
2.75%, 04/01/50 (a) 200,000 141,844
Duke Energy Ohio, Inc.
3.65%, 02/01/29 (a) 150,000 143,630
2.13%, 06/01/30 (a) 200,000 169,362
3.70%, 06/15/46 (a) 50,000 42,000
4.30%, 02/01/49 (a) 150,000 136,973
Duke Energy Progress LLC
3.25%, 08/15/25 (a) 250,000 248,777
2.00%, 08/15/31 (a) 200,000 166,092
4.10%, 05/15/42 (a) 200,000 180,774
4.10%, 03/15/43 (a) 100,000 90,386
4.38%, 03/30/44 (a) 200,000 186,490
4.15%, 12/01/44 (a) 300,000 270,423
4.20%, 08/15/45 (a) 50,000 45,361
3.70%, 10/15/46 (a) 200,000 171,404
3.60%, 09/15/47 (a) 250,000 209,263
2.50%, 08/15/50 (a) 250,000 171,800
2.90%, 08/15/51 (a) 150,000 112,115
Edison International
3.55%, 11/15/24 (a) 325,000 317,739
5.75%, 06/15/27 (a) 200,000 203,716
4.13%, 03/15/28 (a) 200,000 186,786
El Paso Electric Co.
6.00%, 05/15/35 269,000 287,728
Emera US Finance LP
3.55%, 06/15/26 (a) 287,000 275,150
4.75%, 06/15/46 (a) 525,000 464,467
Enel Americas S.A.
4.00%, 10/25/26 (a) 250,000 243,655
Enel Chile S.A.
4.88%, 06/12/28 (a) 375,000 359,407
Enel Generacion Chile S.A.
4.25%, 04/15/24 (a) 100,000 98,485
Entergy Arkansas LLC
3.50%, 04/01/26 (a) 250,000 246,800
4.20%, 04/01/49 (a) 300,000 278,547
2.65%, 06/15/51 (a) 250,000 174,823
 
88
Schwab Fixed-Income ETFs  |  Semiannual Report
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Entergy Corp.
0.90%, 09/15/25 (a) 300,000 270,657
2.95%, 09/01/26 (a) 250,000 237,337
2.80%, 06/15/30 (a) 250,000 214,942
2.40%, 06/15/31 (a) 300,000 244,311
3.75%, 06/15/50 (a) 200,000 158,894
Entergy Louisiana LLC
0.62%, 11/17/23 (a) 242,000 232,848
0.95%, 10/01/24 (a) 200,000 188,694
5.40%, 11/01/24 150,000 155,321
2.40%, 10/01/26 (a) 300,000 278,736
3.12%, 09/01/27 (a) 200,000 190,684
3.25%, 04/01/28 (a) 200,000 188,420
1.60%, 12/15/30 (a) 300,000 240,591
4.00%, 03/15/33 (a) 211,000 200,876
4.95%, 01/15/45 (a) 400,000 390,192
4.20%, 09/01/48 (a) 350,000 322,231
4.20%, 04/01/50 (a) 150,000 136,908
2.90%, 03/15/51 (a) 200,000 145,090
Entergy Mississippi LLC
3.85%, 06/01/49 (a) 175,000 150,175
Entergy Texas, Inc.
4.00%, 03/30/29 (a) 197,000 192,916
1.75%, 03/15/31 (a) 250,000 203,685
3.55%, 09/30/49 (a) 200,000 161,406
Evergy Kansas Central, Inc.
3.10%, 04/01/27 (a) 300,000 286,653
4.13%, 03/01/42 (a) 150,000 135,267
4.10%, 04/01/43 (a) 150,000 132,020
4.25%, 12/01/45 (a) 100,000 90,653
3.25%, 09/01/49 (a) 125,000 97,871
3.45%, 04/15/50 (a) 100,000 80,691
Evergy Metro, Inc.
5.30%, 10/01/41 (a) 50,000 51,920
4.20%, 06/15/47 (a) 95,000 85,782
4.20%, 03/15/48 (a) 150,000 135,483
4.13%, 04/01/49 (a) 200,000 179,102
Evergy, Inc.
2.45%, 09/15/24 (a) 350,000 337,172
2.90%, 09/15/29 (a) 250,000 221,005
Eversource Energy
2.80%, 05/01/23 (a) 100,000 99,441
3.80%, 12/01/23 (a) 250,000 250,535
2.90%, 03/01/27 (a) 200,000 188,592
3.30%, 01/15/28 (a) 250,000 235,972
1.65%, 08/15/30 (a) 400,000 318,764
2.55%, 03/15/31 (a) 250,000 212,645
3.38%, 03/01/32 (a) 200,000 179,786
3.45%, 01/15/50 (a) 300,000 232,221
Exelon Corp.
3.95%, 06/15/25 (a) 650,000 648,420
3.40%, 04/15/26 (a) 100,000 97,151
4.05%, 04/15/30 (a) 450,000 432,031
3.35%, 03/15/32 (a)(c) 200,000 179,526
4.95%, 06/15/35 (a)(c) 250,000 245,440
5.63%, 06/15/35 250,000 261,260
5.10%, 06/15/45 (a) 200,000 198,652
4.45%, 04/15/46 (a) 300,000 271,170
4.70%, 04/15/50 (a) 250,000 233,895
Exelon Generation Co. LLC
3.25%, 06/01/25 (a) 50,000 47,981
6.25%, 10/01/39 300,000 307,161
5.75%, 10/01/41 (a) 100,000 97,354
5.60%, 06/15/42 (a) 300,000 288,243
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Florida Power & Light Co.
3.25%, 06/01/24 (a) 300,000 300,423
2.85%, 04/01/25 (a) 400,000 393,536
3.13%, 12/01/25 (a) 500,000 495,515
4.95%, 06/01/35 150,000 157,157
5.95%, 02/01/38 150,000 169,557
5.96%, 04/01/39 250,000 284,047
5.69%, 03/01/40 100,000 111,185
5.25%, 02/01/41 (a) 250,000 266,840
4.13%, 02/01/42 (a) 150,000 141,401
4.05%, 06/01/42 (a) 350,000 324,768
3.80%, 12/15/42 (a) 275,000 246,128
3.70%, 12/01/47 (a) 55,000 48,502
3.95%, 03/01/48 (a) 250,000 229,432
4.13%, 06/01/48 (a) 250,000 235,325
3.99%, 03/01/49 (a) 250,000 229,842
3.15%, 10/01/49 (a) 350,000 279,587
2.88%, 12/04/51 (a) 400,000 300,588
Fortis, Inc.
3.06%, 10/04/26 (a) 310,000 291,756
Georgia Power Co.
2.10%, 07/30/23 250,000 246,397
2.20%, 09/15/24 (a) 150,000 145,052
3.25%, 04/01/26 (a) 150,000 146,138
3.25%, 03/30/27 (a) 100,000 95,382
2.65%, 09/15/29 (a) 100,000 88,256
4.70%, 05/15/32 (a) 250,000 251,257
4.75%, 09/01/40 100,000 91,495
4.30%, 03/15/42 425,000 370,472
4.30%, 03/15/43 200,000 173,906
3.70%, 01/30/50 (a) 225,000 179,735
3.25%, 03/15/51 (a) 150,000 110,778
5.13%, 05/15/52 (a) 250,000 249,572
Iberdrola International BV
5.81%, 03/15/25 100,000 105,876
6.75%, 07/15/36 200,000 232,662
Idaho Power Co.
4.20%, 03/01/48 (a) 200,000 182,624
Indiana Michigan Power Co.
3.85%, 05/15/28 (a) 50,000 48,496
4.55%, 03/15/46 (a) 100,000 92,969
3.75%, 07/01/47 (a) 250,000 206,950
4.25%, 08/15/48 (a) 300,000 266,415
Interstate Power and Light Co.
3.25%, 12/01/24 (a) 200,000 197,940
4.10%, 09/26/28 (a) 250,000 247,645
2.30%, 06/01/30 (a) 300,000 256,908
3.70%, 09/15/46 (a) 50,000 41,328
3.50%, 09/30/49 (a) 150,000 121,746
IPALCO Enterprises, Inc.
4.25%, 05/01/30 (a) 200,000 186,538
ITC Holdings Corp.
3.25%, 06/30/26 (a) 220,000 211,836
3.35%, 11/15/27 (a) 100,000 95,534
5.30%, 07/01/43 (a) 150,000 151,820
Kentucky Utilities Co.
5.13%, 11/01/40 (a) 250,000 250,785
4.38%, 10/01/45 (a) 250,000 227,720
3.30%, 06/01/50 (a) 150,000 117,339
Louisville Gas and Electric Co.
4.25%, 04/01/49 (a) 150,000 136,823
MidAmerican Energy Co.
3.10%, 05/01/27 (a) 50,000 48,428
3.65%, 04/15/29 (a) 200,000 194,872
6.75%, 12/30/31 200,000 236,864
 
89
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
5.80%, 10/15/36 200,000 222,418
4.80%, 09/15/43 (a) 200,000 199,410
4.40%, 10/15/44 (a) 125,000 118,658
4.25%, 05/01/46 (a) 150,000 139,911
3.95%, 08/01/47 (a) 150,000 134,421
3.65%, 08/01/48 (a) 250,000 211,625
4.25%, 07/15/49 (a) 300,000 280,443
3.15%, 04/15/50 (a) 200,000 157,370
Mississippi Power Co.
3.95%, 03/30/28 (a) 250,000 243,507
4.25%, 03/15/42 100,000 87,924
3.10%, 07/30/51 (a) 100,000 71,393
National Rural Utilities Cooperative Finance Corp.
3.40%, 11/15/23 (a) 250,000 250,737
2.95%, 02/07/24 (a) 410,000 407,130
3.25%, 11/01/25 (a) 400,000 391,368
3.40%, 02/07/28 (a) 350,000 335,877
3.90%, 11/01/28 (a) 250,000 244,597
3.70%, 03/15/29 (a) 200,000 191,292
1.35%, 03/15/31 (a) 250,000 195,075
8.00%, 03/01/32 200,000 249,642
5.25%, 04/20/46 (a)(b) 250,000 229,585
4.40%, 11/01/48 (a) 150,000 141,258
4.30%, 03/15/49 (a) 100,000 94,274
Nevada Power Co.
3.70%, 05/01/29 (a) 350,000 337,512
6.65%, 04/01/36 150,000 173,442
3.13%, 08/01/50 (a) 200,000 149,176
NextEra Energy Capital Holdings, Inc.
4.45%, 06/20/25 300,000 302,604
1.88%, 01/15/27 (a) 350,000 315,805
3.55%, 05/01/27 (a) 450,000 435,028
4.63%, 07/15/27 (a) 300,000 304,011
1.90%, 06/15/28 (a) 500,000 435,495
3.50%, 04/01/29 (a) 400,000 373,916
2.75%, 11/01/29 (a) 350,000 309,582
2.25%, 06/01/30 (a) 650,000 546,318
2.44%, 01/15/32 (a) 350,000 291,616
5.00%, 07/15/32 (a) 300,000 307,398
3.00%, 01/15/52 (a) 200,000 143,588
4.80%, 12/01/77 (a)(b) 250,000 207,740
Northern States Power Co.
6.25%, 06/01/36 270,000 312,379
6.20%, 07/01/37 150,000 175,650
5.35%, 11/01/39 200,000 215,892
3.40%, 08/15/42 (a) 145,000 123,009
4.00%, 08/15/45 (a) 100,000 88,988
3.60%, 05/15/46 (a) 200,000 171,516
3.60%, 09/15/47 (a) 250,000 210,928
2.90%, 03/01/50 (a) 200,000 151,250
2.60%, 06/01/51 (a) 200,000 141,644
NorthWestern Corp.
4.18%, 11/15/44 (a) 160,000 140,566
NSTAR Electric Co.
3.20%, 05/15/27 (a) 350,000 338,614
3.25%, 05/15/29 (a) 250,000 236,845
1.95%, 08/15/31 (a) 150,000 124,875
5.50%, 03/15/40 100,000 108,346
4.40%, 03/01/44 (a) 150,000 140,211
3.10%, 06/01/51 (a) 100,000 77,096
Oglethorpe Power Corp.
5.95%, 11/01/39 150,000 159,147
5.38%, 11/01/40 200,000 198,002
5.05%, 10/01/48 (a) 200,000 187,930
3.75%, 08/01/50 (a) 150,000 119,556
5.25%, 09/01/50 50,000 47,759
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Ohio Edison Co.
6.88%, 07/15/36 100,000 117,572
Ohio Power Co.
2.60%, 04/01/30 (a) 200,000 177,306
1.63%, 01/15/31 (a) 200,000 161,878
4.15%, 04/01/48 (a) 200,000 176,572
4.00%, 06/01/49 (a) 250,000 217,730
Oklahoma Gas and Electric Co.
3.30%, 03/15/30 (a) 125,000 115,874
3.25%, 04/01/30 (a) 150,000 138,653
4.15%, 04/01/47 (a) 240,000 219,230
Oncor Electric Delivery Co. LLC
2.75%, 06/01/24 (a) 500,000 493,345
3.70%, 11/15/28 (a) 265,000 258,030
5.75%, 03/15/29 (a) 73,000 79,274
4.15%, 06/01/32 (a)(c) 150,000 150,972
7.50%, 09/01/38 100,000 129,022
5.25%, 09/30/40 200,000 212,614
4.55%, 12/01/41 (a) 250,000 243,495
3.75%, 04/01/45 (a) 250,000 216,550
3.80%, 09/30/47 (a) 200,000 176,936
4.10%, 11/15/48 (a) 150,000 138,894
3.80%, 06/01/49 (a) 150,000 132,921
3.10%, 09/15/49 (a) 250,000 195,888
3.70%, 05/15/50 (a) 150,000 130,329
4.60%, 06/01/52 (a)(c) 150,000 149,421
5.35%, 10/01/52 (a) 150,000 165,432
Pacific Gas and Electric Co.
4.25%, 08/01/23 (a) 150,000 149,642
1.70%, 11/15/23 (a) 350,000 336,948
3.85%, 11/15/23 (a) 250,000 247,842
3.75%, 02/15/24 (a) 150,000 146,961
3.50%, 06/15/25 (a) 400,000 380,120
3.45%, 07/01/25 300,000 282,282
3.15%, 01/01/26 550,000 502,128
2.95%, 03/01/26 (a) 350,000 317,989
3.30%, 03/15/27 (a) 100,000 90,150
2.10%, 08/01/27 (a) 350,000 294,147
3.30%, 12/01/27 (a) 450,000 393,457
3.00%, 06/15/28 (a) 250,000 216,817
3.75%, 07/01/28 500,000 442,055
4.65%, 08/01/28 (a) 100,000 93,128
4.55%, 07/01/30 (a) 1,000,000 888,480
2.50%, 02/01/31 (a) 700,000 538,272
3.25%, 06/01/31 (a) 350,000 282,866
5.90%, 06/15/32 (a) 200,000 193,304
4.50%, 07/01/40 (a) 350,000 271,957
3.30%, 08/01/40 (a) 350,000 242,823
4.20%, 06/01/41 (a) 100,000 74,651
4.45%, 04/15/42 (a) 150,000 114,038
3.75%, 08/15/42 (a) 200,000 137,722
4.60%, 06/15/43 (a) 150,000 115,278
4.75%, 02/15/44 (a) 100,000 76,971
4.30%, 03/15/45 (a) 150,000 109,671
4.25%, 03/15/46 (a) 175,000 130,060
4.00%, 12/01/46 (a) 200,000 140,546
3.95%, 12/01/47 (a) 300,000 209,838
4.95%, 07/01/50 (a) 1,000,000 798,050
3.50%, 08/01/50 (a) 600,000 401,286
PacifiCorp
3.50%, 06/15/29 (a) 100,000 95,128
2.70%, 09/15/30 (a) 150,000 132,920
7.70%, 11/15/31 100,000 123,300
5.75%, 04/01/37 100,000 106,140
6.25%, 10/15/37 300,000 337,716
6.35%, 07/15/38 200,000 228,322
6.00%, 01/15/39 100,000 110,383
 
90
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.13%, 01/15/49 (a) 250,000 224,607
4.15%, 02/15/50 (a) 200,000 180,000
3.30%, 03/15/51 (a) 250,000 196,595
2.90%, 06/15/52 (a) 200,000 147,076
PECO Energy Co.
3.70%, 09/15/47 (a) 200,000 174,404
3.90%, 03/01/48 (a) 200,000 180,284
3.00%, 09/15/49 (a) 100,000 76,680
2.80%, 06/15/50 (a) 250,000 183,825
2.85%, 09/15/51 (a) 150,000 111,111
PG&E Wildfire Recovery Funding LLC
3.59%, 06/01/32 150,000 149,769
4.26%, 06/01/38 150,000 150,366
4.38%, 06/01/41 125,000 122,110
4.45%, 12/01/49 400,000 400,716
4.67%, 12/01/53 275,000 274,986
Pinnacle West Capital Corp.
1.30%, 06/15/25 (a) 250,000 229,172
Potomac Electric Power Co.
3.60%, 03/15/24 (a) 250,000 250,502
4.15%, 03/15/43 (a) 200,000 182,594
PPL Capital Funding, Inc.
4.13%, 04/15/30 (a) 250,000 240,150
PPL Electric Utilities Corp.
6.25%, 05/15/39 300,000 344,040
4.75%, 07/15/43 (a) 100,000 98,518
4.15%, 06/15/48 (a) 200,000 185,506
Progress Energy, Inc.
7.75%, 03/01/31 350,000 410,564
7.00%, 10/30/31 60,000 67,649
6.00%, 12/01/39 85,000 90,167
Public Service Co. of Colorado
3.70%, 06/15/28 (a) 150,000 148,055
1.90%, 01/15/31 (a) 255,000 215,416
1.88%, 06/15/31 (a) 225,000 188,156
6.25%, 09/01/37 200,000 232,402
3.60%, 09/15/42 (a) 100,000 85,777
3.80%, 06/15/47 (a) 50,000 44,096
4.05%, 09/15/49 (a) 150,000 135,678
3.20%, 03/01/50 (a) 250,000 198,400
2.70%, 01/15/51 (a) 150,000 107,885
Public Service Co. of New Hampshire
3.50%, 11/01/23 (a) 300,000 300,561
3.60%, 07/01/49 (a) 100,000 84,183
Public Service Co. of Oklahoma
2.20%, 08/15/31 (a) 150,000 125,522
3.15%, 08/15/51 (a) 150,000 110,979
Public Service Electric and Gas Co.
3.25%, 09/01/23 (a) 50,000 50,013
3.00%, 05/15/27 (a) 150,000 144,671
3.70%, 05/01/28 (a) 100,000 97,941
3.20%, 05/15/29 (a) 200,000 189,680
2.45%, 01/15/30 (a) 250,000 223,772
1.90%, 08/15/31 (a) 200,000 167,080
3.95%, 05/01/42 (a) 100,000 91,026
3.80%, 01/01/43 (a) 125,000 110,268
3.80%, 03/01/46 (a) 250,000 220,400
3.60%, 12/01/47 (a) 150,000 127,700
4.05%, 05/01/48 (a) 150,000 137,121
3.85%, 05/01/49 (a) 250,000 221,377
3.20%, 08/01/49 (a) 150,000 120,072
3.15%, 01/01/50 (a) 200,000 156,084
2.70%, 05/01/50 (a) 250,000 180,658
2.05%, 08/01/50 (a) 200,000 125,902
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Public Service Enterprise Group, Inc.
2.88%, 06/15/24 (a) 450,000 441,135
0.80%, 08/15/25 (a) 225,000 203,697
0.95%, 03/15/26 (a) 150,000 136,346
1.60%, 08/15/30 (a) 350,000 279,062
Puget Energy, Inc.
3.65%, 05/15/25 (a) 250,000 245,657
4.10%, 06/15/30 (a) 450,000 419,692
4.22%, 03/15/32 (a) 150,000 138,752
Puget Sound Energy, Inc.
6.27%, 03/15/37 100,000 112,896
5.80%, 03/15/40 25,000 26,953
5.64%, 04/15/41 (a) 150,000 158,673
4.30%, 05/20/45 (a) 150,000 135,773
4.22%, 06/15/48 (a) 250,000 223,407
3.25%, 09/15/49 (a) 150,000 115,536
San Diego Gas & Electric Co.
3.60%, 09/01/23 (a) 100,000 100,400
2.50%, 05/15/26 (a) 200,000 190,512
1.70%, 10/01/30 (a) 300,000 246,834
3.75%, 06/01/47 (a) 275,000 233,733
4.15%, 05/15/48 (a) 269,000 250,348
4.10%, 06/15/49 (a) 140,000 125,026
3.32%, 04/15/50 (a) 150,000 116,744
3.70%, 03/15/52 (a) 200,000 169,926
Sierra Pacific Power Co.
2.60%, 05/01/26 (a) 200,000 190,500
Southern California Edison Co.
0.70%, 08/01/23 200,000 194,166
3.50%, 10/01/23 (a) 400,000 399,656
1.20%, 02/01/26 (a) 200,000 180,000
3.65%, 03/01/28 (a) 100,000 94,793
4.20%, 03/01/29 (a) 150,000 144,638
6.65%, 04/01/29 300,000 319,980
2.85%, 08/01/29 (a) 200,000 177,640
2.25%, 06/01/30 (a) 250,000 209,910
2.75%, 02/01/32 (a) 200,000 169,676
6.00%, 01/15/34 200,000 214,286
5.75%, 04/01/35 200,000 206,934
5.35%, 07/15/35 200,000 200,720
5.55%, 01/15/37 200,000 201,918
5.95%, 02/01/38 250,000 260,605
6.05%, 03/15/39 150,000 157,497
5.50%, 03/15/40 250,000 247,420
4.05%, 03/15/42 (a) 155,000 128,932
3.90%, 03/15/43 (a) 100,000 80,650
4.65%, 10/01/43 (a) 350,000 317,898
3.60%, 02/01/45 (a) 100,000 75,400
4.00%, 04/01/47 (a) 600,000 488,394
4.13%, 03/01/48 (a) 450,000 372,055
4.88%, 03/01/49 (a) 200,000 181,756
3.65%, 02/01/50 (a) 400,000 306,904
3.45%, 02/01/52 (a) 200,000 149,470
Southern Co.
2.95%, 07/01/23 (a) 550,000 543,862
0.60%, 02/26/24 (a) 250,000 237,035
4.48%, 08/01/24 250,000 251,115
3.25%, 07/01/26 (a) 700,000 671,811
3.70%, 04/30/30 (a) 350,000 325,223
4.25%, 07/01/36 (a) 250,000 229,810
4.40%, 07/01/46 (a) 500,000 436,395
4.00%, 01/15/51 (a)(b) 250,000 224,100
3.75%, 09/15/51 (a)(b) 250,000 212,425
 
91
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Southern Power Co.
0.90%, 01/15/26 (a) 50,000 44,671
5.15%, 09/15/41 400,000 380,212
4.95%, 12/15/46 (a) 200,000 185,632
Southwestern Electric Power Co.
2.75%, 10/01/26 (a) 500,000 469,530
4.10%, 09/15/28 (a) 200,000 193,636
3.90%, 04/01/45 (a) 100,000 80,956
3.85%, 02/01/48 (a) 150,000 122,460
3.25%, 11/01/51 (a) 200,000 148,192
Southwestern Public Service Co.
4.50%, 08/15/41 (a) 150,000 142,109
3.40%, 08/15/46 (a) 100,000 78,539
3.70%, 08/15/47 (a) 200,000 166,548
3.75%, 06/15/49 (a) 100,000 84,399
3.15%, 05/01/50 (a) 250,000 192,543
Tampa Electric Co.
4.10%, 06/15/42 (a) 100,000 88,927
4.30%, 06/15/48 (a) 300,000 275,169
3.63%, 06/15/50 (a) 200,000 163,782
The Cleveland Electric Illuminating Co.
5.95%, 12/15/36 150,000 159,804
Toledo Edison Co.
6.15%, 05/15/37 100,000 111,266
Tucson Electric Power Co.
3.05%, 03/15/25 (a) 250,000 246,095
1.50%, 08/01/30 (a) 300,000 240,414
4.85%, 12/01/48 (a) 125,000 120,521
4.00%, 06/15/50 (a) 100,000 85,071
Union Electric Co.
2.95%, 06/15/27 (a) 44,000 42,031
3.50%, 03/15/29 (a) 750,000 719,227
2.95%, 03/15/30 (a) 150,000 136,845
3.90%, 09/15/42 (a) 115,000 101,362
3.65%, 04/15/45 (a) 100,000 82,862
4.00%, 04/01/48 (a) 250,000 220,770
3.25%, 10/01/49 (a) 150,000 117,431
2.63%, 03/15/51 (a) 250,000 175,438
3.90%, 04/01/52 (a) 150,000 132,975
Virginia Electric and Power Co.
3.45%, 02/15/24 (a) 250,000 249,720
3.10%, 05/15/25 (a) 200,000 196,986
3.15%, 01/15/26 (a) 250,000 243,202
2.95%, 11/15/26 (a) 200,000 190,946
3.50%, 03/15/27 (a) 600,000 586,638
2.88%, 07/15/29 (a) 150,000 137,390
2.40%, 03/30/32 (a) 175,000 149,902
6.00%, 01/15/36 250,000 276,622
6.00%, 05/15/37 350,000 388,258
8.88%, 11/15/38 150,000 212,391
4.00%, 01/15/43 (a) 250,000 220,215
4.45%, 02/15/44 (a) 250,000 233,210
4.20%, 05/15/45 (a) 50,000 45,121
3.80%, 09/15/47 (a) 300,000 256,947
4.60%, 12/01/48 (a) 250,000 241,465
3.30%, 12/01/49 (a) 300,000 239,976
2.45%, 12/15/50 (a) 450,000 303,160
4.63%, 05/15/52 (a) 175,000 170,128
WEC Energy Group, Inc.
0.80%, 03/15/24 (a) 350,000 332,958
1.38%, 10/15/27 (a) 250,000 217,032
1.80%, 10/15/30 (a) 250,000 201,425
Wisconsin Electric Power Co.
2.05%, 12/15/24 (a) 100,000 96,615
1.70%, 06/15/28 (a) 150,000 130,859
4.30%, 10/15/48 (a) 125,000 115,898
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Wisconsin Power and Light Co.
3.05%, 10/15/27 (a) 100,000 94,943
3.00%, 07/01/29 (a) 250,000 232,142
3.65%, 04/01/50 (a) 200,000 165,106
Wisconsin Public Service Corp.
3.67%, 12/01/42 250,000 214,327
4.75%, 11/01/44 (a) 150,000 145,706
3.30%, 09/01/49 (a) 200,000 159,418
Xcel Energy, Inc.
0.50%, 10/15/23 (a) 350,000 336,875
3.30%, 06/01/25 (a) 200,000 196,632
4.00%, 06/15/28 (a) 250,000 245,115
2.60%, 12/01/29 (a) 200,000 175,876
3.40%, 06/01/30 (a) 300,000 276,513
4.60%, 06/01/32 (a) 250,000 248,470
6.50%, 07/01/36 140,000 159,701
3.50%, 12/01/49 (a) 200,000 159,444
    134,669,426
Natural Gas 0.1%
AGL Capital Corp.
3.25%, 06/15/26 (a) 100,000 96,156
Atmos Energy Corp.
3.00%, 06/15/27 (a) 200,000 192,168
1.50%, 01/15/31 (a) 450,000 361,192
5.50%, 06/15/41 (a) 150,000 159,671
4.15%, 01/15/43 (a) 200,000 178,236
4.13%, 10/15/44 (a) 100,000 89,754
4.30%, 10/01/48 (a) 200,000 186,956
4.13%, 03/15/49 (a) 150,000 137,421
3.38%, 09/15/49 (a) 200,000 161,648
CenterPoint Energy Resources Corp.
4.00%, 04/01/28 (a) 50,000 48,912
1.75%, 10/01/30 (a) 200,000 162,530
5.85%, 01/15/41 (a) 100,000 108,318
4.10%, 09/01/47 (a) 100,000 88,824
National Grid USA
5.80%, 04/01/35 150,000 160,233
NiSource, Inc.
0.95%, 08/15/25 (a) 500,000 448,805
3.49%, 05/15/27 (a) 225,000 215,770
2.95%, 09/01/29 (a) 200,000 177,734
3.60%, 05/01/30 (a) 450,000 412,830
1.70%, 02/15/31 (a) 200,000 156,318
5.25%, 02/15/43 (a) 150,000 146,529
4.80%, 02/15/44 (a) 375,000 338,797
5.65%, 02/01/45 (a) 300,000 300,552
4.38%, 05/15/47 (a) 150,000 132,609
3.95%, 03/30/48 (a) 100,000 83,034
ONE Gas, Inc.
3.61%, 02/01/24 (a) 100,000 100,011
1.10%, 03/11/24 (a) 200,000 190,442
2.00%, 05/15/30 (a) 100,000 84,016
4.66%, 02/01/44 (a) 200,000 181,846
4.50%, 11/01/48 (a) 150,000 134,334
Piedmont Natural Gas Co., Inc.
3.50%, 06/01/29 (a) 220,000 204,780
3.64%, 11/01/46 (a) 210,000 167,488
3.35%, 06/01/50 (a) 150,000 112,140
5.05%, 05/15/52 (a) 150,000 147,663
Sempra Energy
3.25%, 06/15/27 (a) 350,000 332,164
3.40%, 02/01/28 (a) 300,000 283,527
3.70%, 04/01/29 (a) 200,000 188,288
3.80%, 02/01/38 (a) 250,000 211,707
 
92
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See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
6.00%, 10/15/39 250,000 264,625
4.00%, 02/01/48 (a) 275,000 228,258
4.13%, 04/01/52 (a)(b) 325,000 261,414
Southern California Gas Co.
3.20%, 06/15/25 (a) 50,000 49,131
2.60%, 06/15/26 (a) 300,000 284,886
2.95%, 04/15/27 (a) 200,000 189,982
2.55%, 02/01/30 (a) 250,000 221,460
5.13%, 11/15/40 75,000 75,492
3.75%, 09/15/42 (a) 150,000 126,392
4.13%, 06/01/48 (a) 150,000 132,278
4.30%, 01/15/49 (a) 200,000 182,346
3.95%, 02/15/50 (a) 100,000 86,506
Southern Co. Gas Capital Corp.
2.45%, 10/01/23 (a) 50,000 49,328
1.75%, 01/15/31 (a) 250,000 197,660
5.88%, 03/15/41 (a) 200,000 210,986
4.40%, 06/01/43 (a) 100,000 87,483
3.95%, 10/01/46 (a) 300,000 246,075
4.40%, 05/30/47 (a) 250,000 219,270
Southwest Gas Corp.
2.20%, 06/15/30 (a) 250,000 202,703
3.80%, 09/29/46 (a) 100,000 79,338
4.15%, 06/01/49 (a) 150,000 125,562
3.18%, 08/15/51 (a) 50,000 35,201
Washington Gas Light Co.
3.80%, 09/15/46 (a) 205,000 176,788
3.65%, 09/15/49 (a) 125,000 105,086
    10,721,653
Utility Other 0.1%
American Water Capital Corp.
3.40%, 03/01/25 (a) 300,000 296,685
2.95%, 09/01/27 (a) 100,000 94,045
3.75%, 09/01/28 (a) 250,000 242,097
3.45%, 06/01/29 (a) 150,000 141,272
2.80%, 05/01/30 (a) 200,000 179,538
2.30%, 06/01/31 (a) 200,000 169,480
4.45%, 06/01/32 (a) 250,000 248,650
6.59%, 10/15/37 300,000 349,515
4.30%, 12/01/42 (a) 200,000 185,680
4.00%, 12/01/46 (a) 115,000 100,158
3.75%, 09/01/47 (a) 250,000 209,642
4.20%, 09/01/48 (a) 250,000 225,392
4.15%, 06/01/49 (a) 200,000 177,348
3.45%, 05/01/50 (a) 125,000 99,870
Essential Utilities, Inc.
3.57%, 05/01/29 (a) 150,000 140,609
2.70%, 04/15/30 (a) 200,000 175,324
2.40%, 05/01/31 (a) 50,000 41,818
4.28%, 05/01/49 (a) 200,000 175,776
3.35%, 04/15/50 (a) 250,000 189,490
5.30%, 05/01/52 (a) 100,000 101,201
Veolia Environnement S.A.
6.75%, 06/01/38 100,000 119,190
    3,662,780
    149,053,859
Total Corporates
(Cost $2,016,419,429)
1,782,122,769

TREASURIES 40.6% OF NET ASSETS
Bonds
6.25%, 08/15/23 2,248,000 2,334,671
7.50%, 11/15/24 1,248,000 1,376,554
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
7.63%, 02/15/25 1,000,000 1,115,820
6.88%, 08/15/25 1,200,000 1,337,250
6.00%, 02/15/26 1,889,000 2,078,343
6.75%, 08/15/26 1,209,000 1,380,338
6.50%, 11/15/26 1,748,000 1,991,423
6.63%, 02/15/27 1,000,000 1,151,250
6.38%, 08/15/27 1,200,000 1,386,328
6.13%, 11/15/27 2,434,000 2,798,149
5.50%, 08/15/28 1,748,000 1,982,956
5.25%, 11/15/28 2,248,000 2,530,054
5.25%, 02/15/29 474,000 536,027
6.13%, 08/15/29 1,544,000 1,849,181
6.25%, 05/15/30 2,131,000 2,611,640
5.38%, 02/15/31 2,594,000 3,055,246
4.50%, 02/15/36 3,394,000 3,994,049
4.75%, 02/15/37 2,182,000 2,636,811
5.00%, 05/15/37 1,248,000 1,543,328
4.38%, 02/15/38 1,296,000 1,509,536
4.50%, 05/15/38 2,096,000 2,473,280
3.50%, 02/15/39 2,472,000 2,584,785
4.25%, 05/15/39 3,146,000 3,596,763
4.50%, 08/15/39 3,846,000 4,526,261
4.38%, 11/15/39 4,625,000 5,347,295
4.63%, 02/15/40 3,955,000 4,711,394
1.13%, 05/15/40 12,400,000 8,640,281
4.38%, 05/15/40 4,194,000 4,838,172
1.13%, 08/15/40 15,300,000 10,577,320
3.88%, 08/15/40 4,494,000 4,848,605
1.38%, 11/15/40 15,900,000 11,456,695
4.25%, 11/15/40 4,253,000 4,809,545
1.88%, 02/15/41 20,100,000 15,775,359
4.75%, 02/15/41 4,292,000 5,174,207
2.25%, 05/15/41 17,900,000 14,939,508
4.38%, 05/15/41 3,944,000 4,520,810
1.75%, 08/15/41 23,100,000 17,575,852
3.75%, 08/15/41 3,817,000 4,013,814
2.00%, 11/15/41 19,500,000 15,490,312
3.13%, 11/15/41 4,344,000 4,172,276
2.38%, 02/15/42 15,000,000 12,720,703
3.13%, 02/15/42 4,582,000 4,390,487
3.00%, 05/15/42 3,998,000 3,749,374
3.25%, 05/15/42 9,500,000 9,274,375
2.75%, 08/15/42 5,391,000 4,838,423
2.75%, 11/15/42 6,408,000 5,741,668
3.13%, 02/15/43 6,286,000 5,977,102
2.88%, 05/15/43 9,131,000 8,331,324
3.63%, 08/15/43 7,017,000 7,206,130
3.75%, 11/15/43 7,250,000 7,588,145
3.63%, 02/15/44 6,927,000 7,110,457
3.38%, 05/15/44 5,794,000 5,722,933
3.13%, 08/15/44 7,882,000 7,473,737
3.00%, 11/15/44 7,136,000 6,617,525
2.50%, 02/15/45 9,382,000 7,966,637
3.00%, 05/15/45 4,034,000 3,745,317
2.88%, 08/15/45 6,332,000 5,757,173
3.00%, 11/15/45 2,382,000 2,215,632
2.50%, 02/15/46 6,886,000 5,845,031
2.50%, 05/15/46 7,482,000 6,348,009
2.25%, 08/15/46 9,978,000 8,052,558
2.88%, 11/15/46 4,219,000 3,849,178
3.00%, 02/15/47 7,484,000 6,992,863
3.00%, 05/15/47 5,238,000 4,899,576
2.75%, 08/15/47 8,980,000 8,034,294
2.75%, 11/15/47 10,528,000 9,434,075
3.00%, 02/15/48 10,734,000 10,117,634
3.13%, 05/15/48 12,120,000 11,730,834
3.00%, 08/15/48 12,928,000 12,221,000
3.38%, 11/15/48 12,784,000 12,996,734
 
93
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.00%, 02/15/49 14,376,000 13,709,987
2.88%, 05/15/49 14,476,000 13,504,525
2.25%, 08/15/49 13,276,000 10,898,766
2.38%, 11/15/49 13,278,000 11,218,873
2.00%, 02/15/50 15,698,000 12,174,535
1.25%, 05/15/50 18,300,000 11,649,094
1.38%, 08/15/50 21,800,000 14,357,344
1.63%, 11/15/50 20,400,000 14,353,313
1.88%, 02/15/51 23,300,000 17,487,742
2.38%, 05/15/51 22,900,000 19,339,766
2.00%, 08/15/51 22,500,000 17,398,828
1.88%, 11/15/51 21,300,000 15,991,641
2.25%, 02/15/52 19,450,000 16,011,301
2.88%, 05/15/52 13,500,000 12,751,172
Notes
0.13%, 08/15/23 12,700,000 12,304,861
2.50%, 08/15/23 13,152,000 13,089,066
0.13%, 08/31/23 20,000,000 19,358,594
1.38%, 08/31/23 8,392,000 8,241,698
2.75%, 08/31/23 7,994,000 7,977,606
0.13%, 09/15/23 12,800,000 12,376,500
0.25%, 09/30/23 20,000,000 19,347,656
1.38%, 09/30/23 8,642,000 8,477,431
2.88%, 09/30/23 9,172,000 9,166,088
0.13%, 10/15/23 13,600,000 13,117,359
0.38%, 10/31/23 19,000,000 18,364,316
1.63%, 10/31/23 7,740,000 7,607,725
2.88%, 10/31/23 9,486,000 9,477,848
0.25%, 11/15/23 15,900,000 15,324,246
2.75%, 11/15/23 18,978,000 18,926,848
0.50%, 11/30/23 20,000,000 19,325,391
2.13%, 11/30/23 9,234,000 9,130,298
2.88%, 11/30/23 7,776,000 7,767,951
0.13%, 12/15/23 14,700,000 14,109,990
0.75%, 12/31/23 18,000,000 17,416,406
2.25%, 12/31/23 8,342,000 8,255,158
2.63%, 12/31/23 8,776,000 8,734,177
0.13%, 01/15/24 14,900,000 14,267,332
0.88%, 01/31/24 18,000,000 17,420,625
2.25%, 01/31/24 8,194,000 8,103,418
2.50%, 01/31/24 10,970,000 10,890,725
0.13%, 02/15/24 19,000,000 18,155,762
2.75%, 02/15/24 16,595,000 16,541,844
1.50%, 02/29/24 16,900,000 16,503,906
2.13%, 02/29/24 6,738,000 6,648,248
2.38%, 02/29/24 9,982,000 9,889,783
0.25%, 03/15/24 18,300,000 17,475,070
2.13%, 03/31/24 12,418,000 12,239,006
2.25%, 03/31/24 16,000,000 15,800,312
0.38%, 04/15/24 14,000,000 13,368,086
2.00%, 04/30/24 7,994,000 7,856,447
2.25%, 04/30/24 10,574,000 10,439,140
2.50%, 04/30/24 15,000,000 14,871,973
0.25%, 05/15/24 15,000,000 14,259,668
2.50%, 05/15/24 19,098,000 18,932,758
2.00%, 05/31/24 12,668,000 12,440,867
2.50%, 05/31/24 16,000,000 15,858,750
0.25%, 06/15/24 15,000,000 14,227,441
1.75%, 06/30/24 11,032,000 10,769,559
2.00%, 06/30/24 7,940,000 7,791,590
3.00%, 06/30/24 14,000,000 14,009,023
0.38%, 07/15/24 13,900,000 13,187,082
1.75%, 07/31/24 10,078,000 9,828,018
2.13%, 07/31/24 6,488,000 6,376,488
0.38%, 08/15/24 17,000,000 16,083,594
2.38%, 08/15/24 17,768,000 17,538,265
1.25%, 08/31/24 9,186,000 8,851,931
1.88%, 08/31/24 7,490,000 7,315,038
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
0.38%, 09/15/24 19,000,000 17,934,961
1.50%, 09/30/24 8,982,000 8,690,436
2.13%, 09/30/24 5,784,000 5,678,261
0.63%, 10/15/24 18,500,000 17,530,918
1.50%, 10/31/24 9,480,000 9,160,420
2.25%, 10/31/24 7,038,000 6,920,333
0.75%, 11/15/24 16,800,000 15,931,125
2.25%, 11/15/24 17,870,000 17,575,424
1.50%, 11/30/24 9,480,000 9,147,089
2.13%, 11/30/24 5,988,000 5,865,199
1.00%, 12/15/24 17,000,000 16,191,836
1.75%, 12/31/24 9,982,000 9,675,911
2.25%, 12/31/24 7,988,000 7,841,969
1.13%, 01/15/25 16,000,000 15,260,000
1.38%, 01/31/25 8,696,000 8,341,366
2.50%, 01/31/25 7,488,000 7,390,890
1.50%, 02/15/25 14,000,000 13,457,500
2.00%, 02/15/25 16,486,000 16,068,054
1.13%, 02/28/25 9,998,000 9,517,627
2.75%, 02/28/25 7,890,000 7,835,140
1.75%, 03/15/25 14,000,000 13,537,344
0.50%, 03/31/25 12,200,000 11,387,938
2.63%, 03/31/25 4,724,000 4,677,129
2.63%, 04/15/25 14,000,000 13,849,609
0.38%, 04/30/25 10,900,000 10,117,414
2.88%, 04/30/25 6,986,000 6,957,619
2.13%, 05/15/25 14,880,400 14,519,434
2.75%, 05/15/25 12,500,000 12,405,274
0.25%, 05/31/25 12,700,000 11,720,711
2.88%, 05/31/25 6,788,000 6,760,159
2.88%, 06/15/25 14,000,000 13,945,859
0.25%, 06/30/25 13,500,000 12,431,074
2.75%, 06/30/25 4,988,000 4,949,811
0.25%, 07/31/25 14,100,000 12,947,215
2.88%, 07/31/25 5,386,000 5,362,226
2.00%, 08/15/25 17,168,000 16,638,877
0.25%, 08/31/25 13,900,000 12,730,445
2.75%, 08/31/25 6,236,000 6,181,679
0.25%, 09/30/25 16,300,000 14,893,488
3.00%, 09/30/25 6,682,000 6,673,648
0.25%, 10/31/25 16,800,000 15,312,938
3.00%, 10/31/25 5,688,000 5,680,446
2.25%, 11/15/25 18,072,000 17,606,787
0.38%, 11/30/25 15,600,000 14,251,453
2.88%, 11/30/25 7,682,000 7,637,588
0.38%, 12/31/25 15,800,000 14,399,602
2.63%, 12/31/25 6,486,000 6,397,071
0.38%, 01/31/26 18,100,000 16,458,981
2.63%, 01/31/26 7,938,000 7,825,442
1.63%, 02/15/26 16,672,000 15,854,030
0.50%, 02/28/26 19,000,000 17,321,172
2.50%, 02/28/26 8,476,000 8,315,420
0.75%, 03/31/26 18,000,000 16,537,500
2.25%, 03/31/26 7,086,000 6,886,706
0.75%, 04/30/26 16,300,000 14,944,426
2.38%, 04/30/26 6,084,000 5,939,267
1.63%, 05/15/26 16,285,000 15,437,035
0.75%, 05/31/26 18,500,000 16,928,945
2.13%, 05/31/26 8,388,000 8,104,905
0.88%, 06/30/26 16,000,000 14,690,000
1.88%, 06/30/26 7,984,000 7,637,507
0.63%, 07/31/26 17,500,000 15,872,363
1.88%, 07/31/26 6,284,000 6,003,675
1.50%, 08/15/26 16,724,000 15,709,454
0.75%, 08/31/26 19,000,000 17,295,195
1.38%, 08/31/26 5,986,000 5,595,975
0.88%, 09/30/26 16,200,000 14,797,688
1.63%, 09/30/26 5,990,000 5,651,425
 
94
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See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.13%, 10/31/26 17,500,000 16,132,129
1.63%, 10/31/26 7,584,000 7,144,365
2.00%, 11/15/26 14,582,000 13,945,177
1.25%, 11/30/26 18,000,000 16,670,391
1.63%, 11/30/26 7,286,000 6,857,663
1.25%, 12/31/26 18,000,000 16,640,156
1.75%, 12/31/26 5,490,000 5,191,910
1.50%, 01/31/27 23,190,000 21,653,662
2.25%, 02/15/27 13,626,000 13,141,106
1.13%, 02/28/27 4,300,000 3,940,379
1.88%, 02/28/27 15,500,000 14,715,918
0.63%, 03/31/27 6,600,000 5,891,789
2.50%, 03/31/27 16,000,000 15,613,750
0.50%, 04/30/27 10,350,000 9,161,771
2.75%, 04/30/27 15,000,000 14,799,609
2.38%, 05/15/27 15,420,000 14,930,295
0.50%, 05/31/27 6,700,000 5,917,723
2.63%, 05/31/27 14,000,000 13,736,953
0.50%, 06/30/27 11,400,000 10,048,922
3.25%, 06/30/27 15,000,000 15,148,828
0.38%, 07/31/27 13,600,000 11,888,844
2.25%, 08/15/27 13,272,000 12,747,860
0.50%, 08/31/27 11,000,000 9,654,648
0.38%, 09/30/27 15,000,000 13,048,828
0.50%, 10/31/27 14,700,000 12,844,699
2.25%, 11/15/27 14,074,000 13,495,647
0.63%, 11/30/27 14,700,000 12,911,309
0.63%, 12/31/27 17,900,000 15,687,672
0.75%, 01/31/28 18,200,000 16,033,773
2.75%, 02/15/28 18,822,000 18,494,821
1.13%, 02/29/28 18,300,000 16,458,562
1.25%, 03/31/28 17,000,000 15,361,758
1.25%, 04/30/28 18,600,000 16,782,867
2.88%, 05/15/28 18,770,000 18,555,905
1.25%, 05/31/28 18,000,000 16,217,578
1.25%, 06/30/28 15,700,000 14,125,707
1.00%, 07/31/28 17,500,000 15,482,031
2.88%, 08/15/28 18,868,000 18,640,994
1.13%, 08/31/28 16,000,000 14,242,500
1.25%, 09/30/28 17,700,000 15,856,019
1.38%, 10/31/28 15,500,000 13,977,852
3.13%, 11/15/28 16,714,000 16,751,215
1.50%, 11/30/28 15,000,000 13,624,219
1.38%, 12/31/28 15,000,000 13,522,266
1.75%, 01/31/29 11,800,000 10,882,734
2.63%, 02/15/29 14,666,000 14,281,018
1.88%, 02/28/29 12,500,000 11,623,047
2.38%, 03/31/29 12,400,000 11,873,969
2.88%, 04/30/29 11,000,000 10,874,531
2.38%, 05/15/29 15,058,000 14,429,799
2.75%, 05/31/29 12,000,000 11,768,438
3.25%, 06/30/29 12,000,000 12,143,438
1.63%, 08/15/29 13,666,000 12,445,669
1.75%, 11/15/29 9,766,000 8,964,120
1.50%, 02/15/30 17,398,000 15,631,016
0.63%, 05/15/30 24,700,000 20,605,203
0.63%, 08/15/30 (h) 31,900,000 26,454,570
0.88%, 11/15/30 (h) 33,800,000 28,542,516
1.13%, 02/15/31 (h) 33,800,000 29,046,875
1.63%, 05/15/31 34,400,000 30,739,625
1.25%, 08/15/31 (h) 41,500,000 35,728,906
1.38%, 11/15/31 41,300,000 35,827,750
1.88%, 02/15/32 (h) 40,300,000 36,512,430
2.88%, 05/15/32 24,250,000 23,982,871
Total Treasuries
(Cost $3,290,927,604)
3,056,749,268

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
GOVERNMENT RELATED 5.3% OF NET ASSETS
 
Agency 2.0%
Foreign 0.7%
Austria 0.0%
Oesterreichische Kontrollbank AG
1.63%, 09/17/22 250,000 249,762
2.88%, 03/13/23 650,000 650,949
1.50%, 02/12/25 700,000 672,273
0.38%, 09/17/25 500,000 458,035
0.50%, 02/02/26 500,000 455,080
    2,486,099
Canada 0.0%
Export Development Canada
2.75%, 03/15/23 450,000 450,009
2.63%, 02/21/24 240,000 238,426
    688,435
China 0.0%
Industrial & Commercial Bank of China Ltd.
2.96%, 11/08/22 250,000 249,767
3.54%, 11/08/27 250,000 248,038
    497,805
Germany 0.3%
FMS Wertmanagement
2.75%, 03/06/23 (i) 275,000 274,989
2.75%, 01/30/24 (i) 700,000 696,703
Kreditanstalt Fuer Wiederaufbau
2.00%, 10/04/22 (i) 750,000 749,602
2.38%, 12/29/22 (i) 900,000 898,758
2.13%, 01/17/23 (i) 400,000 398,920
2.63%, 02/28/24 (i) 1,700,000 1,688,695
0.25%, 03/08/24 (i) 1,500,000 1,431,780
1.38%, 08/05/24 (i) 1,400,000 1,353,478
0.50%, 09/20/24 (i) 2,000,000 1,891,500
2.50%, 11/20/24 (i) 2,200,000 2,171,488
1.25%, 01/31/25 (i) 1,750,000 1,671,740
0.38%, 07/18/25 (i) 1,550,000 1,427,488
0.63%, 01/22/26 (i) 1,750,000 1,602,597
1.00%, 10/01/26 (i) 1,000,000 916,160
2.88%, 04/03/28 (i) 1,100,000 1,083,093
1.75%, 09/14/29 (i) 700,000 637,770
0.75%, 09/30/30 (i) 700,000 580,489
0.00%, 04/18/36 (i)(j) 250,000 158,570
0.00%, 06/29/37 (i)(j) 850,000 511,369
Landwirtschaftliche Rentenbank
3.13%, 11/14/23 (i) 550,000 550,858
2.00%, 01/13/25 (i) 1,150,000 1,120,744
2.38%, 06/10/25 (i) 600,000 587,244
0.88%, 03/30/26 (i) 500,000 459,485
1.75%, 07/27/26 (i) 500,000 473,575
2.50%, 11/15/27 (i) 500,000 482,310
0.88%, 09/03/30 (i) 750,000 627,563
    24,446,968
Japan 0.2%
Japan Bank for International Cooperation
2.38%, 11/16/22 500,000 499,810
0.63%, 05/22/23 250,000 245,190
3.25%, 07/20/23 800,000 801,920
 
95
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
0.38%, 09/15/23 150,000 145,350
3.38%, 10/31/23 350,000 351,312
2.50%, 05/23/24 1,150,000 1,135,360
1.75%, 10/17/24 300,000 290,820
2.50%, 05/28/25 200,000 195,890
0.63%, 07/15/25 700,000 646,870
1.88%, 07/21/26 350,000 330,838
2.25%, 11/04/26 1,400,000 1,338,414
2.88%, 06/01/27 1,450,000 1,416,157
2.88%, 07/21/27 650,000 634,166
2.75%, 11/16/27 700,000 676,501
3.25%, 07/20/28 400,000 397,360
3.50%, 10/31/28 350,000 350,483
2.13%, 02/16/29 400,000 369,444
2.00%, 10/17/29 700,000 636,125
1.25%, 01/21/31 250,000 210,833
1.88%, 04/15/31 1,250,000 1,103,562
Japan International Cooperation Agency
2.13%, 10/20/26 200,000 190,306
2.75%, 04/27/27 200,000 193,868
1.00%, 07/22/30 370,000 306,497
1.75%, 04/28/31 350,000 304,924
    12,772,000
Norway 0.1%
Equinor A.S.A.
2.65%, 01/15/24 450,000 446,107
3.70%, 03/01/24 550,000 552,942
3.25%, 11/10/24 150,000 149,304
2.88%, 04/06/25 (a) 450,000 442,251
1.75%, 01/22/26 (a) 250,000 233,338
3.00%, 04/06/27 (a) 150,000 144,506
7.25%, 09/23/27 50,000 57,205
3.63%, 09/10/28 (a) 250,000 244,787
3.13%, 04/06/30 (a) 450,000 417,460
2.38%, 05/22/30 (a) 250,000 219,643
3.63%, 04/06/40 (a) 200,000 176,306
4.25%, 11/23/41 200,000 189,284
3.95%, 05/15/43 300,000 268,893
4.80%, 11/08/43 260,000 261,251
3.25%, 11/18/49 (a) 350,000 279,853
3.70%, 04/06/50 (a) 450,000 389,142
    4,472,272
Republic of Korea 0.1%
Export-Import Bank of Korea
2.38%, 06/25/24 450,000 442,665
1.25%, 01/18/25 300,000 283,896
2.88%, 01/21/25 700,000 689,864
1.88%, 02/12/25 200,000 192,050
3.25%, 11/10/25 750,000 743,182
2.63%, 05/26/26 250,000 242,185
3.25%, 08/12/26 200,000 198,046
1.13%, 12/29/26 550,000 495,973
1.63%, 01/18/27 300,000 275,625
2.38%, 04/21/27 250,000 236,950
1.25%, 09/21/30 700,000 578,284
2.13%, 01/18/32 350,000 302,271
Korea Development Bank
3.75%, 01/22/24 300,000 302,247
0.40%, 03/09/24 200,000 190,650
2.13%, 10/01/24 350,000 340,889
3.38%, 09/16/25 500,000 498,040
3.00%, 01/13/26 200,000 196,936
0.80%, 07/19/26 400,000 359,512
1.00%, 09/09/26 250,000 225,810
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.00%, 09/12/26 350,000 329,553
1.63%, 01/19/31 450,000 379,728
2.00%, 10/25/31 250,000 213,518
    7,717,874
Sweden 0.0%
Svensk Exportkredit AB
2.88%, 03/14/23 200,000 200,124
0.75%, 04/06/23 600,000 591,108
0.50%, 11/10/23 500,000 483,295
1.75%, 12/12/23 500,000 491,165
0.38%, 03/11/24 500,000 477,530
0.38%, 07/30/24 350,000 331,405
0.63%, 10/07/24 200,000 189,152
0.63%, 05/14/25 500,000 465,210
0.50%, 08/26/25 300,000 275,877
2.25%, 03/22/27 350,000 334,176
    3,839,042
    56,920,495
U.S. 1.3%
Fannie Mae
0.25%, 07/10/23 3,000,000 2,914,590
2.88%, 09/12/23 3,000,000 3,000,030
0.25%, 11/27/23 2,000,000 1,927,480
2.50%, 02/05/24 4,500,000 4,469,040
1.63%, 01/07/25 1,000,000 965,950
0.50%, 06/17/25 2,500,000 2,319,875
0.38%, 08/25/25 3,500,000 3,216,220
0.50%, 11/07/25 4,000,000 3,672,640
2.13%, 04/24/26 6,000,000 5,796,360
0.75%, 10/08/27 5,000,000 4,433,600
7.13%, 01/15/30 527,000 662,660
7.25%, 05/15/30 1,000,000 1,272,790
0.88%, 08/05/30 1,000,000 827,600
6.63%, 11/15/30 2,700,000 3,337,902
5.63%, 07/15/37 1,500,000 1,833,240
Federal Farm Credit Banks Funding Corp.
0.20%, 10/02/23 1,000,000 967,420
0.25%, 02/26/24 800,000 765,928
3.10%, 06/28/24 2,000,000 2,001,460
Federal Home Loan Banks
2.50%, 02/13/24 1,600,000 1,588,640
2.13%, 02/28/24 1,500,000 1,479,450
2.88%, 06/14/24 1,075,000 1,070,980
1.50%, 08/15/24 2,000,000 1,940,820
5.38%, 08/15/24 1,750,000 1,830,780
0.50%, 04/14/25 2,000,000 1,865,540
0.50%, 06/13/25 2,000,000 1,856,360
0.38%, 09/04/25 1,000,000 919,600
3.25%, 11/16/28 5,000,000 5,026,250
5.50%, 07/15/36 400,000 483,260
Freddie Mac
0.25%, 08/24/23 6,000,000 5,819,700
0.25%, 09/08/23 3,000,000 2,907,300
0.13%, 10/16/23 3,000,000 2,894,610
0.25%, 11/06/23 2,500,000 2,412,525
0.25%, 12/04/23 3,000,000 2,887,170
1.50%, 02/12/25 5,000,000 4,808,000
0.38%, 07/21/25 3,000,000 2,766,840
0.38%, 09/23/25 3,000,000 2,752,260
6.75%, 09/15/29 500,000 615,540
6.75%, 03/15/31 1,564,000 1,961,068
6.25%, 07/15/32 700,000 869,218
 
96
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Tennessee Valley Authority
2.88%, 09/15/24 2,000,000 1,989,760
6.75%, 11/01/25 488,000 544,086
2.88%, 02/01/27 500,000 494,015
5.25%, 09/15/39 750,000 854,393
4.63%, 09/15/60 100,000 113,089
    97,136,039
    154,056,534
 
Local Authority 0.9%
Foreign 0.3%
Canada 0.3%
Hydro-Quebec
8.05%, 07/07/24 810,000 881,863
Province of Alberta
3.35%, 11/01/23 646,000 647,964
2.95%, 01/23/24 500,000 498,825
1.88%, 11/13/24 700,000 679,273
1.00%, 05/20/25 200,000 188,002
3.30%, 03/15/28 750,000 744,247
1.30%, 07/22/30 850,000 722,330
Province of British Columbia
1.75%, 09/27/24 500,000 486,045
2.25%, 06/02/26 500,000 481,285
0.90%, 07/20/26 600,000 546,288
1.30%, 01/29/31 (e) 750,000 634,057
Province of Manitoba
2.60%, 04/16/24 250,000 247,805
3.05%, 05/14/24 250,000 249,550
2.13%, 06/22/26 300,000 286,197
1.50%, 10/25/28 250,000 222,770
Province of New Brunswick
3.63%, 02/24/28 100,000 101,203
Province of Ontario
3.40%, 10/17/23 800,000 803,304
3.05%, 01/29/24 1,100,000 1,099,901
3.20%, 05/16/24 550,000 550,385
0.63%, 01/21/26 750,000 683,805
1.05%, 04/14/26 750,000 690,465
2.50%, 04/27/26 600,000 582,276
2.30%, 06/15/26 550,000 529,249
1.05%, 05/21/27 400,000 358,352
2.00%, 10/02/29 400,000 362,932
1.13%, 10/07/30 500,000 417,455
1.60%, 02/25/31 500,000 430,535
1.80%, 10/14/31 500,000 432,235
Province of Quebec
7.50%, 07/15/23 150,000 156,867
7.13%, 02/09/24 500,000 529,840
2.50%, 04/09/24 200,000 197,818
2.88%, 10/16/24 600,000 596,970
1.50%, 02/11/25 900,000 863,721
0.60%, 07/23/25 1,050,000 970,725
2.50%, 04/20/26 300,000 291,501
2.75%, 04/12/27 500,000 487,585
7.50%, 09/15/29 468,000 584,111
1.35%, 05/28/30 400,000 342,736
1.90%, 04/21/31 300,000 265,329
    19,845,801
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
U.S. 0.6%
Alameda County Joint Powers Authority
RB (Build America Bonds) Series 2010    
7.05%, 12/01/44 105,000 136,610
American Municipal Power, Inc.
RB (Build America Bonds) Series 2010    
5.94%, 02/15/47 200,000 234,099
RB (Build America Bonds) Series 2010    
6.27%, 02/15/50 480,000 557,606
RB (Build America Bonds) Series 2010    
8.08%, 02/15/50 250,000 362,814
Bay Area Toll Authority
RB (Build America Bonds) Series 2009F2    
6.26%, 04/01/49 500,000 639,685
RB (Build America Bonds) Series 2010S1    
7.04%, 04/01/50 300,000 417,388
RB (Build America Bonds) Series 2010S3    
6.91%, 10/01/50 350,000 487,625
California
GO (Build America Bonds) Series 2009    
7.50%, 04/01/34 1,250,000 1,605,899
GO (Build America Bonds) Series 2009    
7.55%, 04/01/39 1,400,000 1,905,081
GO (Build America Bonds) Series 2009    
7.30%, 10/01/39 950,000 1,232,296
GO (Build America Bonds) Series 2009    
7.35%, 11/01/39 615,000 803,773
California State University
RB Series 2017B    
3.90%, 11/01/47 (a) 100,000 92,706
Series B    
2.72%, 11/01/52 400,000 299,274
Chicago O'Hare International Airport
RB (Build America Bonds) Series 2010B    
6.40%, 01/01/40 150,000 179,884
Series C    
4.47%, 01/01/49 150,000 150,891
Series C    
4.57%, 01/01/54 50,000 50,791
Chicago Transit Authority Sales & Transfer Tax Receipts Revenue
RB (Pension Funding) Series 2008A    
6.90%, 12/01/40 445,000 528,175
RB (Pension Funding) Series 2008B    
6.90%, 12/01/40 200,000 240,235
City of Atlanta GA Water & Wastewater Revenue
2.26%, 11/01/35 (a) 125,000 101,484
City of Houston TX
GO Bonds (Pension Funding) Series 2017    
3.96%, 03/01/47 255,000 240,570
City of San Antonio TX Electric & Gas Systems Revenue
2.91%, 02/01/48 (a) 125,000 96,235
RB (Build America Bonds) Series 2009    
5.99%, 02/01/39 150,000 173,877
RB Series 2012    
4.43%, 02/01/42 200,000 202,185
City of San Francisco CA Public Utilities Commission Water Revenue
RB (Build America Bonds) Series 2010    
6.95%, 11/01/50 150,000 197,117
 
97
Schwab Fixed-Income ETFs  |  Semiannual Report
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Series A    
3.30%, 11/01/39 (a) 250,000 212,875
City of Tucson AZ
Series A, (AGM)    
2.86%, 07/01/47 650,000 493,037
Commonwealth Financing Authority
Series A    
4.14%, 06/01/38 215,000 209,424
Commonwealth of Massachusetts
GO (Build America Bonds) Series 2009    
5.46%, 12/01/39 100,000 112,815
GO (Build America Bonds) Series 2010D    
4.50%, 08/01/31 400,000 415,420
Series D    
2.66%, 09/01/39 144,059 121,635
Series D    
2.81%, 09/01/43 150,000 119,391
Series H    
2.90%, 09/01/49 300,000 236,056
Commonwealth of Massachusetts Transportation Fund Revenue
RB (Build America Bonds) Series 2010    
5.73%, 06/01/40 200,000 226,448
Connecticut
GO Bonds Series 2008A    
5.85%, 03/15/32 700,000 785,836
County of Clark Department of Aviation
RB (Build America Bonds) Series 2010C    
6.82%, 07/01/45 350,000 448,416
County of Cook IL
GO (Build America Bonds) Series D    
6.23%, 11/15/34 50,000 57,568
County of Miami-Dade FL Water & Sewer System Revenue
Series C    
3.49%, 10/01/42 (a) 150,000 125,895
Dallas Area Rapid Transit
RB (Build America Bonds) Series 2010    
5.02%, 12/01/48 250,000 272,986
Series B    
6.00%, 12/01/44 300,000 363,997
Dallas County Hospital District
GO (Build America Bonds) Series C    
5.62%, 08/15/44 150,000 171,315
Dallas Fort Worth International Airport
Series A    
2.99%, 11/01/38 150,000 130,016
Series A    
3.14%, 11/01/45 20,000 16,590
Series C    
3.09%, 11/01/40 (a) 160,000 133,819
Dallas Independent School District
GO (Build America Bonds) Series 2010C    
6.45%, 02/15/35 (a) 350,000 368,368
Dallas/Fort Worth International Airport
RB Series 2020C    
2.92%, 11/01/50 150,000 118,028
District of Columbia
Series E    
5.59%, 12/01/34 350,000 391,542
District of Columbia Water & Sewer Authority
RB Series 2014A    
4.81%, 10/01/14 185,000 182,136
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
East Bay Municipal Utility District Water System Revenue
Water System RB (Build America Bonds) Series 2010    
5.87%, 06/01/40 50,000 59,281
Florida State Board of Administration Finance Corp.
Series A    
1.26%, 07/01/25 350,000 327,315
Series A    
1.71%, 07/01/27 350,000 318,535
Series A    
2.15%, 07/01/30 350,000 304,589
Foothill-Eastern Transportation Corridor Agency
Series A    
4.09%, 01/15/49 (a) 100,000 86,461
Series A    
3.92%, 01/15/53 (a) 100,000 86,944
Golden State Tobacco Securitization Corp.
3.00%, 06/01/46 175,000 156,412
Grand Parkway Transportation Corp.
RB Series 2013E    
5.18%, 10/01/42 200,000 221,936
Series B    
3.24%, 10/01/52 (a) 300,000 241,227
Illinois
4.95%, 06/01/23 150,000 151,140
GO (Build America Bonds) Series 2010    
6.63%, 02/01/35 150,000 159,617
GO (Build America Bonds) Series 2010    
6.73%, 04/01/35 125,000 133,333
GO Bonds (Pension Funding) Series 2003    
5.10%, 06/01/33 2,745,000 2,759,406
JobsOhio Beverage System
RB (Build America Bonds) Series B    
3.99%, 01/01/29 100,000 101,327
Series B    
4.53%, 01/01/35 200,000 205,900
Los Angeles Community College District
GO (Build America Bonds) Series 2010    
6.75%, 08/01/49 85,000 117,532
GO Bonds Series 2020    
1.61%, 08/01/28 125,000 112,588
GO Bonds Series 2020    
1.81%, 08/01/30 200,000 171,034
GO Bonds Series 2020    
2.11%, 08/01/32 (a) 350,000 296,297
Los Angeles Department of Water & Power Power System Revenue
RB (Build America Bonds) Series 2010    
6.57%, 07/01/45 250,000 324,261
Los Angeles Unified School District
GO (Build America Bonds) Series 2009    
5.76%, 07/01/29 300,000 324,546
GO (Build America Bonds) Series 2009    
5.75%, 07/01/34 225,000 250,891
GO (Build America Bonds) Series 2010    
6.76%, 07/01/34 450,000 535,836
Maryland Health & Higher Educational Facilities Authority
RB Series D    
3.05%, 07/01/40 (a) 100,000 79,403
RB Series D    
3.20%, 07/01/50 100,000 75,712
Massachusetts School Building Authority
RB Series B    
1.75%, 08/15/30 500,000 429,961
 
98
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
RB Series B    
3.40%, 10/15/40 (a) 100,000 84,718
Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd
RB (Vanderbilt Univ Medical Center) Series 2016 B    
4.05%, 07/01/26 (a) 400,000 404,218
Metropolitan Transportation Authority
RB (Build America Bonds) Series C    
7.34%, 11/15/39 350,000 472,219
RB (Build America Bonds) Series E    
6.81%, 11/15/40 650,000 789,815
Metropolitan Water Reclamation District of Greater Chicago
5.72%, 12/01/38 250,000 289,689
Michigan Finance Authority
RB Series 2019    
3.38%, 12/01/40 350,000 302,797
Michigan State Building Authority
RB Series 2020    
2.71%, 10/15/40 (a) 250,000 189,814
Missouri Health & Educational Facilities Authority
RB Series 2017A    
3.65%, 08/15/57 (a) 75,000 67,338
Municipal Electric Authority of Georgia
RB (Build America Bonds) Series 2010    
6.66%, 04/01/57 147,000 174,420
RB (Build America Bonds) Series A    
6.64%, 04/01/57 240,000 282,850
New Jersey Economic Development Authority
Series A    
7.43%, 02/15/29 516,000 581,916
New Jersey Transportation Trust Fund Authority
RB (Build America Bonds) Series 2010C    
5.75%, 12/15/28 650,000 682,345
RB (Build America Bonds) Series B    
6.56%, 12/15/40 50,000 58,161
RB Series 2019B    
4.13%, 06/15/42 250,000 223,673
New Jersey Turnpike Authority
RB (Build America Bonds) Series 2009F    
7.41%, 01/01/40 500,000 664,504
RB (Build America Bonds) Series 2010A    
7.10%, 01/01/41 850,000 1,099,903
New York City Transitional Finance Authority
RB (Build America Bonds) Series 2011A1    
5.51%, 08/01/37 450,000 496,087
New York City Water & Sewer System
Water System RB (Build America Bonds)    
6.01%, 06/15/42 250,000 297,857
Water System RB (Build America Bonds) Series 2009    
5.75%, 06/15/41 300,000 349,484
Water System RB (Build America Bonds) Series 2011CC    
5.88%, 06/15/44 250,000 301,798
New York State Dormitory Authority
RB (Build America Bonds) Series 2010    
5.60%, 03/15/40 200,000 223,154
RB Series 2009F    
5.63%, 03/15/39 200,000 218,574
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Series B    
3.14%, 07/01/43 200,000 167,954
Series F    
3.11%, 02/15/39 200,000 172,000
New York State Thruway Authority
Series M    
2.90%, 01/01/35 150,000 129,933
New York State Urban Development Corp.
RB (Build America Bonds) Series 2009    
5.77%, 03/15/39 185,000 201,524
North Texas Tollway Authority
RB (Build America Bonds) Series 2009B    
6.72%, 01/01/49 350,000 455,843
Ohio State University
RB (Build America Bonds) Series 2010C    
4.91%, 06/01/40 650,000 704,443
Series A    
3.80%, 12/01/46 75,000 69,654
Ohio Turnpike & Infrastructure Commission
RB Series A    
3.22%, 02/15/48 (a) 100,000 78,026
Oregon
GO Bonds (Pension Funding) Series 2003    
5.89%, 06/01/27 500,000 534,534
Oregon School Boards Association
Series B    
5.55%, 06/30/28 500,000 527,239
Port Authority of New York & New Jersey
Consolidated Bonds 164th Series    
5.65%, 11/01/40 240,000 270,674
Consolidated Bonds 165th Series    
5.65%, 11/01/40 200,000 225,987
Consolidated Bonds 168th Series    
4.93%, 10/01/51 650,000 690,570
Consolidated Bonds 174th Series    
4.46%, 10/01/62 1,150,000 1,121,026
Consolidated Bonds 181st Series    
4.96%, 08/01/46 200,000 211,560
RB Series AAA    
1.09%, 07/01/23 300,000 294,455
Regents of the University of California Medical Center Pooled Revenue
6.55%, 05/15/48 100,000 123,755
6.58%, 05/15/49 200,000 249,093
Series N    
3.01%, 05/15/50 (a) 200,000 151,032
Regional Transportation District Sales Tax Revenue
Series B    
5.84%, 11/01/50 200,000 238,544
Rutgers The State University of New Jersey
Series P    
3.92%, 05/01/19 (a) 150,000 114,044
Series R    
3.27%, 05/01/43 100,000 84,219
Sales Tax Securitization Corp.
RB Series 2017B    
3.59%, 01/01/43 200,000 176,491
RB Series B    
3.82%, 01/01/48 250,000 215,447
Salt River Project Agricultural Improvement & Power District
RB (Build America Bonds) Series 2010    
4.84%, 01/01/41 75,000 79,456
 
99
Schwab Fixed-Income ETFs  |  Semiannual Report
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
San Diego County Regional Transportation Commission
RB (Build America Bonds) Series 2010A    
5.91%, 04/01/48 300,000 371,765
San Diego County Water Authority
RB (Build America Bonds) Series 2010B    
6.14%, 05/01/49 350,000 433,000
San Jose Redevelopment Agency Successor Agency
Series A    
3.38%, 08/01/34 (a) 750,000 681,392
Santa Clara Valley Transportation Authority
RB (Build America Bonds) Series 2010    
5.88%, 04/01/32 150,000 163,266
State of California
2.38%, 10/01/26 175,000 168,115
7.63%, 03/01/40 100,000 135,143
GO Bonds    
7.60%, 11/01/40 300,000 416,149
State of Illinois
GO (Build America Bonds) Series 2010    
7.35%, 07/01/35 150,000 164,783
State of Oregon Department of Transportation
RB (Build America Bonds) Series 2010A    
5.83%, 11/15/34 125,000 141,682
Texas
GO (Build America Bonds) Series 2010A    
4.68%, 04/01/40 500,000 527,646
GO Mobility Fund Bonds (Build America Bonds) Series 2009A    
5.52%, 04/01/39 750,000 856,669
Texas Private Activity Bond Surface Transportation Corp.
RB Series B    
3.92%, 12/31/49 350,000 307,634
Texas Transportation Commission
GO Bonds Series 2020    
2.47%, 10/01/44 (a) 350,000 262,495
RB (Build America Bonds) Series B    
5.18%, 04/01/30 130,000 138,399
University of California
RB (Build America Bonds) Series 2009    
5.77%, 05/15/43 300,000 346,082
RB Series 2013AJ    
4.60%, 05/15/31 250,000 256,509
RB Series 2015AQ    
4.77%, 05/15/15 300,000 278,133
RB Series AD    
4.86%, 05/15/12 400,000 377,887
RB Series AS    
5.95%, 05/15/45 250,000 287,659
RB Series BG    
1.61%, 05/15/30 (a) 250,000 209,179
RB Series BJ    
3.07%, 05/15/51 (a) 250,000 182,163
University of Michigan
Series B    
2.44%, 04/01/40 (a) 250,000 197,413
University of Pittsburgh-of the Commonwealth System of Higher Education
RB Series 2019A    
3.56%, 09/15/19 (a) 250,000 180,174
University of Texas System
RB (Build America Bonds) Series C    
4.79%, 08/15/46 50,000 53,893
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
University of Virginia
General Revenue Pledge and Refunding Bonds, Series 2020    
2.26%, 09/01/50 (a) 400,000 271,732
Series B    
2.58%, 11/01/51 (a) 300,000 217,701
Series C    
4.18%, 09/01/17 (a) 150,000 128,610
Utah
GO (Build America Bonds) Series B    
3.54%, 07/01/25 525,000 525,439
GO (Build America Bonds) Series D    
4.55%, 07/01/24 205,000 208,365
Westchester County Local Development Corp.
RB Series 2020    
3.85%, 11/01/50 (a) 250,000 201,708
Wisconsin
RB Series A    
5.70%, 05/01/26 525,000 554,981
    49,470,000
    69,315,801
 
Sovereign 1.0%
Canada 0.0%
Canada Government International Bond
1.63%, 01/22/25 1,050,000 1,013,901
0.75%, 05/19/26 250,000 228,293
    1,242,194
Chile 0.1%
Chile Government International Bond
3.13%, 03/27/25 200,000 195,596
3.13%, 01/21/26 400,000 386,860
2.75%, 01/31/27 (a) 500,000 467,975
3.24%, 02/06/28 (a) 750,000 707,572
2.45%, 01/31/31 (a) 650,000 555,770
2.55%, 01/27/32 (a) 600,000 510,840
2.55%, 07/27/33 (a) 500,000 409,260
3.50%, 01/31/34 (a) 500,000 445,415
3.10%, 05/07/41 (a) 400,000 305,880
4.34%, 03/07/42 (a) 250,000 223,490
3.63%, 10/30/42 100,000 80,542
3.86%, 06/21/47 450,000 376,470
3.50%, 01/25/50 (a) 850,000 656,038
4.00%, 01/31/52 (a) 350,000 290,875
3.10%, 01/22/61 (a) 800,000 542,696
3.25%, 09/21/71 (a) 350,000 234,220
    6,389,499
Hungary 0.0%
Hungary Government International Bond
5.75%, 11/22/23 550,000 561,467
5.38%, 03/25/24 600,000 612,516
7.63%, 03/29/41 400,000 462,832
    1,636,815
Indonesia 0.1%
Indonesia Government International Bond
3.50%, 01/11/28 450,000 430,150
4.10%, 04/24/28 250,000 246,158
4.75%, 02/11/29 400,000 404,116
3.40%, 09/18/29 400,000 372,120
2.85%, 02/14/30 400,000 356,888
 
100
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.85%, 10/15/30 550,000 523,446
1.85%, 03/12/31 (e) 400,000 324,504
3.55%, 03/31/32 (a) 350,000 318,118
4.35%, 01/11/48 700,000 611,569
5.35%, 02/11/49 300,000 295,464
3.70%, 10/30/49 200,000 161,170
3.50%, 02/14/50 650,000 514,332
4.20%, 10/15/50 750,000 646,020
3.05%, 03/12/51 350,000 266,823
4.45%, 04/15/70 450,000 385,137
3.35%, 03/12/71 200,000 141,308
    5,997,323
Israel 0.1%
Israel Government International Bond
2.88%, 03/16/26 300,000 292,371
3.25%, 01/17/28 300,000 293,241
2.50%, 01/15/30 500,000 459,350
2.75%, 07/03/30 500,000 465,430
4.50%, 01/30/43 700,000 692,160
4.13%, 01/17/48 250,000 231,330
3.38%, 01/15/50 600,000 487,728
3.88%, 07/03/50 650,000 573,118
4.50%, 04/03/20 300,000 273,018
    3,767,746
Italy 0.1%
Italy Government International Bond
6.88%, 09/27/23 1,300,000 1,351,987
2.38%, 10/17/24 1,400,000 1,356,572
2.88%, 10/17/29 700,000 619,213
5.38%, 06/15/33 604,000 635,354
4.00%, 10/17/49 800,000 668,192
Republic of Italy Government International Bond
1.25%, 02/17/26 800,000 715,376
3.88%, 05/06/51 800,000 646,312
    5,993,006
Mexico 0.2%
Mexico Government International Bond
3.60%, 01/30/25 650,000 646,548
3.90%, 04/27/25 (a) 200,000 200,038
4.13%, 01/21/26 700,000 700,742
4.15%, 03/28/27 800,000 789,416
3.75%, 01/11/28 650,000 622,876
4.50%, 04/22/29 1,050,000 1,021,597
3.25%, 04/16/30 (a)(e) 1,000,000 880,970
2.66%, 05/24/31 (a) 1,050,000 864,559
8.30%, 08/15/31 350,000 437,371
4.75%, 04/27/32 (a)(e) 850,000 816,229
7.50%, 04/08/33 250,000 299,160
6.75%, 09/27/34 650,000 714,181
6.05%, 01/11/40 1,050,000 1,031,310
4.28%, 08/14/41 (a) 750,000 593,663
4.75%, 03/08/44 1,200,000 996,156
5.55%, 01/21/45 1,000,000 918,270
4.60%, 01/23/46 800,000 639,256
4.35%, 01/15/47 450,000 343,796
4.60%, 02/10/48 800,000 634,304
4.50%, 01/31/50 (a) 925,000 720,566
5.00%, 04/27/51 (a) 850,000 704,480
3.77%, 05/24/61 (a) 1,050,000 681,523
5.75%, 10/12/10 950,000 797,126
    16,054,137
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Panama 0.1%
Panama Government International Bond
4.00%, 09/22/24 (a) 450,000 450,068
3.75%, 03/16/25 (a) 600,000 593,796
7.13%, 01/29/26 350,000 379,897
8.88%, 09/30/27 200,000 235,886
3.88%, 03/17/28 (a) 400,000 382,144
9.38%, 04/01/29 300,000 367,191
3.16%, 01/23/30 (a) 600,000 534,516
2.25%, 09/29/32 (a) 750,000 587,250
6.70%, 01/26/36 750,000 812,055
4.50%, 05/15/47 500,000 413,865
4.50%, 04/16/50 (a) 950,000 778,458
4.30%, 04/29/53 600,000 474,150
4.50%, 04/01/56 (a) 800,000 640,472
3.87%, 07/23/60 (a) 525,000 375,044
4.50%, 01/19/63 (a) 250,000 194,293
    7,219,085
Peru 0.1%
Peruvian Government International Bond
7.35%, 07/21/25 500,000 541,240
2.39%, 01/23/26 (a) 150,000 139,635
4.13%, 08/25/27 500,000 490,655
2.84%, 06/20/30 650,000 567,651
2.78%, 01/23/31 (a) 1,250,000 1,065,562
1.86%, 12/01/32 (a) 425,000 324,233
8.75%, 11/21/33 450,000 571,405
3.00%, 01/15/34 (a) 500,000 411,360
6.55%, 03/14/37 350,000 382,585
3.30%, 03/11/41 (a) 450,000 339,903
5.63%, 11/18/50 900,000 936,135
3.55%, 03/10/51 (a) 400,000 299,568
2.78%, 12/01/60 (a) 650,000 403,260
3.60%, 01/15/72 (a) 350,000 237,045
3.23%, 07/28/21 (a) 250,000 154,310
    6,864,547
Philippines 0.1%
Philippine Government International Bond
4.20%, 01/21/24 550,000 555,841
9.50%, 10/21/24 100,000 112,899
10.63%, 03/16/25 300,000 353,478
5.50%, 03/30/26 400,000 419,036
3.00%, 02/01/28 850,000 810,373
3.75%, 01/14/29 600,000 584,076
9.50%, 02/02/30 725,000 937,867
2.46%, 05/05/30 350,000 305,932
7.75%, 01/14/31 550,000 664,488
1.65%, 06/10/31 400,000 321,664
6.38%, 01/15/32 350,000 391,377
6.38%, 10/23/34 700,000 786,604
5.00%, 01/13/37 500,000 499,555
3.95%, 01/20/40 925,000 805,379
3.70%, 03/01/41 500,000 414,350
3.70%, 02/02/42 900,000 745,029
2.95%, 05/05/45 600,000 430,560
2.65%, 12/10/45 700,000 482,006
4.20%, 03/29/47 100,000 87,239
    9,707,753
 
101
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Poland 0.0%
Poland Government International Bond
4.00%, 01/22/24 700,000 700,980
3.25%, 04/06/26 644,000 626,419
    1,327,399
Republic of Korea 0.0%
Korea International Bond
3.88%, 09/11/23 300,000 302,835
2.75%, 01/19/27 450,000 438,534
3.50%, 09/20/28 200,000 200,326
2.50%, 06/19/29 350,000 331,723
1.00%, 09/16/30 200,000 166,776
1.75%, 10/15/31 200,000 175,104
4.13%, 06/10/44 400,000 419,100
3.88%, 09/20/48 200,000 202,108
    2,236,506
Uruguay 0.1%
Uruguay Government International Bond
4.50%, 08/14/24 400,000 404,612
4.38%, 10/27/27 550,000 558,354
4.38%, 01/23/31 (a) 700,000 710,080
7.63%, 03/21/36 300,000 376,086
4.13%, 11/20/45 250,000 229,853
5.10%, 06/18/50 1,200,000 1,204,836
4.98%, 04/20/55 800,000 788,464
    4,272,285
    72,708,295
 
Supranational* 1.4%
African Development Bank
2.13%, 11/16/22 750,000 749,302
0.75%, 04/03/23 450,000 442,940
3.00%, 09/20/23 450,000 449,901
0.88%, 07/22/26 800,000 730,176
Asian Development Bank
1.75%, 09/13/22 925,000 924,556
1.63%, 01/24/23 400,000 397,600
0.25%, 07/14/23 750,000 730,350
0.25%, 10/06/23 750,000 725,257
2.63%, 01/30/24 695,000 690,684
0.38%, 06/11/24 1,150,000 1,092,316
1.50%, 10/18/24 1,625,000 1,569,474
2.00%, 01/22/25 1,650,000 1,606,638
0.63%, 04/29/25 1,050,000 980,395
0.38%, 09/03/25 750,000 688,410
0.50%, 02/04/26 1,050,000 956,434
1.00%, 04/14/26 500,000 461,900
2.00%, 04/24/26 500,000 479,180
2.63%, 01/12/27 1,000,000 978,440
1.50%, 01/20/27 1,000,000 930,720
2.50%, 11/02/27 1,188,000 1,149,390
2.75%, 01/19/28 250,000 244,435
1.25%, 06/09/28 250,000 223,750
5.82%, 06/16/28 300,000 341,298
1.88%, 03/15/29 500,000 460,705
1.75%, 09/19/29 1,150,000 1,043,740
1.88%, 01/24/30 1,000,000 911,760
0.75%, 10/08/30 1,150,000 950,302
1.50%, 03/04/31 500,000 436,785
Asian Infrastructure Investment Bank
0.25%, 09/29/23 600,000 579,642
2.25%, 05/16/24 950,000 934,116
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
0.50%, 10/30/24 750,000 705,990
0.50%, 05/28/25 950,000 877,847
0.50%, 01/27/26 1,225,000 1,110,168
Corp. Andina de Fomento
2.38%, 05/12/23 400,000 396,656
3.75%, 11/23/23 250,000 251,320
1.63%, 09/23/25 500,000 469,025
Council of Europe Development Bank
0.25%, 06/10/23 200,000 195,018
0.25%, 10/20/23 400,000 385,908
2.50%, 02/27/24 315,000 312,338
1.38%, 02/27/25 350,000 334,894
0.88%, 09/22/26 300,000 273,342
Essential Utilities, Inc.
1.48%, 10/06/26 (c) 125,000 113,480
European Bank for Reconstruction & Development
0.25%, 07/10/23 500,000 487,135
1.63%, 09/27/24 300,000 290,949
1.50%, 02/13/25 500,000 480,205
0.50%, 05/19/25 750,000 696,435
0.50%, 11/25/25 950,000 869,126
0.50%, 01/28/26 850,000 773,678
European Investment Bank
2.50%, 03/15/23 300,000 299,298
1.38%, 05/15/23 1,000,000 987,370
2.88%, 08/15/23 1,400,000 1,398,656
0.25%, 09/15/23 1,250,000 1,210,175
3.13%, 12/14/23 1,050,000 1,051,449
3.25%, 01/29/24 1,650,000 1,655,412
2.63%, 03/15/24 1,600,000 1,589,008
2.25%, 06/24/24 450,000 443,025
2.50%, 10/15/24 500,000 493,925
1.88%, 02/10/25 1,100,000 1,067,462
1.63%, 03/14/25 1,300,000 1,251,679
0.63%, 07/25/25 900,000 835,488
0.38%, 03/26/26 1,450,000 1,309,118
2.13%, 04/13/26 800,000 771,856
0.75%, 10/26/26 500,000 452,240
1.38%, 03/15/27 1,000,000 923,170
2.38%, 05/24/27 617,000 596,041
1.75%, 03/15/29 750,000 686,422
1.63%, 10/09/29 500,000 450,960
0.88%, 05/17/30 255,000 214,430
0.75%, 09/23/30 500,000 415,290
1.25%, 02/14/31 (e) 1,400,000 1,201,186
1.63%, 05/13/31 500,000 443,375
4.88%, 02/15/36 750,000 874,200
Inter-American Development Bank
0.50%, 05/24/23 300,000 293,709
3.00%, 10/04/23 850,000 849,847
0.25%, 11/15/23 750,000 722,497
2.63%, 01/16/24 1,150,000 1,142,881
3.00%, 02/21/24 750,000 749,377
0.50%, 09/23/24 250,000 236,348
2.13%, 01/15/25 1,400,000 1,367,800
1.75%, 03/14/25 1,350,000 1,303,600
0.88%, 04/03/25 650,000 612,320
0.63%, 07/15/25 600,000 556,992
0.88%, 04/20/26 1,250,000 1,148,137
2.00%, 06/02/26 550,000 526,526
2.00%, 07/23/26 500,000 478,130
2.38%, 07/07/27 1,200,000 1,156,392
0.63%, 09/16/27 750,000 659,048
1.13%, 07/20/28 750,000 665,408
3.13%, 09/18/28 1,700,000 1,693,676
2.25%, 06/18/29 1,400,000 1,317,050
 
102
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Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.13%, 01/13/31 550,000 466,582
3.88%, 10/28/41 150,000 153,401
3.20%, 08/07/42 200,000 185,416
4.38%, 01/24/44 450,000 497,781
International Bank for Reconstruction & Development
1.88%, 10/07/22 250,000 249,768
3.00%, 09/27/23 1,560,000 1,559,922
2.50%, 03/19/24 1,450,000 1,436,892
1.50%, 08/28/24 1,700,000 1,646,263
2.50%, 11/25/24 1,400,000 1,382,374
1.63%, 01/15/25 1,450,000 1,399,859
0.75%, 03/11/25 1,650,000 1,551,742
0.63%, 04/22/25 2,700,000 2,523,042
0.38%, 07/28/25 150,000 138,078
2.50%, 07/29/25 1,850,000 1,816,071
0.50%, 10/28/25 2,000,000 1,835,500
3.13%, 11/20/25 450,000 450,086
0.88%, 07/15/26 750,000 686,257
1.88%, 10/27/26 250,000 237,410
2.50%, 11/22/27 200,000 193,452
0.75%, 11/24/27 1,850,000 1,630,072
1.38%, 04/20/28 1,500,000 1,356,270
1.13%, 09/13/28 1,000,000 884,610
1.75%, 10/23/29 950,000 862,077
0.88%, 05/14/30 2,300,000 1,933,104
0.75%, 08/26/30 1,200,000 993,708
1.25%, 02/10/31 1,000,000 856,080
1.63%, 11/03/31 750,000 656,078
2.50%, 03/29/32 1,000,000 942,680
4.75%, 02/15/35 450,000 511,223
International Finance Corp.
2.00%, 10/24/22 350,000 349,640
2.88%, 07/31/23 500,000 499,480
1.38%, 10/16/24 750,000 723,045
0.38%, 07/16/25 500,000 460,825
0.75%, 08/27/30 750,000 621,818
Nordic Investment Bank
1.38%, 10/17/22 200,000 199,550
0.38%, 05/19/23 400,000 391,204
2.88%, 07/19/23 450,000 450,014
2.25%, 05/21/24 200,000 196,988
2.63%, 04/04/25 400,000 395,392
0.38%, 09/11/25 400,000 367,036
0.50%, 01/21/26 250,000 227,933
    101,903,806
Total Government Related
(Cost $431,520,608)
397,984,436

SECURITIZED 30.1% OF NET ASSETS
 
Asset-Backed Securities 0.2%
Automobile 0.0%
Ally Auto Receivables Trust 2019-4
Series 2019-4, Class A4    
1.92%, 01/15/25 (a) 2,000,000 1,977,785
Toyota Auto Receivables Owner Trust
Series 2018-C, Class A4    
3.13%, 02/15/24 (a) 962,353 963,169
    2,940,954
Credit Card 0.2%
American Express Credit Account Master Trust
Series 2019-3, Class A    
2.00%, 04/15/25 (a) 630,000 629,379
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Series 2018-2, Class A    
3.01%, 10/15/25 (a) 5,200,000 5,190,989
Capital One Multi-Asset Execution Trust
Series 2017-A6, Class A6    
2.29%, 07/15/25 (a) 1,300,000 1,299,658
Series 2019-A3, Class A3    
2.06%, 08/15/28 (a) 2,000,000 1,891,659
Citibank Credit Card Issuance Trust
Series 2018-A6, Class A6    
3.21%, 12/07/24 (a) 4,800,000 4,808,262
Discover Card Execution Note Trust
Series 2018-A1, Class A1    
3.03%, 08/15/25 (a) 2,100,000 2,098,277
    15,918,224
    18,859,178
 
Commercial Mortgage-Backed Security 2.1%
BANK
Series 2017-BNK7, Class A5    
3.44%, 09/15/60 (a) 1,000,000 964,305
Series 2017-BNK8, Class A4    
3.49%, 11/15/50 (a) 600,000 583,312
Series 2017-BNK9, Class A4    
3.54%, 11/15/54 (a) 1,000,000 967,633
Series 2019-BN19, Class A3    
3.18%, 08/15/61 (a) 800,000 746,964
Series 2020-BN26, Class A4    
2.40%, 03/15/63 (a) 700,000 615,358
BBCMS Mortgage Trust 2018-C2
Series 2018-C2, Class A4    
4.05%, 12/15/51 (a) 1,150,000 1,132,205
BBCMS Mortgage Trust 2022-C15
Series 2022-C15, Class A5    
3.66%, 04/15/55 (a) 3,145,000 2,979,648
Benchmark 2019-B12 Mortgage Trust
Series 2019-B12, Class A5    
3.12%, 08/15/52 (a) 1,875,000 1,740,303
Benchmark 2019-B13 Mortgage Trust
Series 2019-B13, Class A4    
2.95%, 08/15/57 (a) 2,600,000 2,388,919
Benchmark 2019-B9 Mortgage Trust
Series 2019-B9, Class A5    
4.02%, 03/15/52 (a) 2,600,000 2,556,475
Benchmark 2020-B16 Mortgage Trust
Series 2020-B16, Class A5    
2.73%, 02/15/53 (a) 1,073,000 966,240
Benchmark 2020-B18 Mortgage Trust
Series 2020-B18, Class A5    
1.93%, 07/15/53 (a) 1,845,000 1,559,973
CCUBS Commercial Mortgage Trust
Series 2017-C1, Class A4    
3.54%, 11/15/50 (a) 1,747,000 1,689,640
CD Mortgage Trust
Series 2017-CD3, Class A4    
3.63%, 02/10/50 (a) 1,715,000 1,671,908
CFCRE Commercial Mortgage Trust
Series 2016-C3, Class A3    
3.87%, 01/10/48 (a) 5,325,000 5,254,012
Series 2016-C4, Class A4    
3.28%, 05/10/58 (a) 1,000,000 966,010
Series 2016-C7, Class A3    
3.84%, 12/10/54 (a) 3,625,000 3,559,138
 
103
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Citigroup Commercial Mortgage Trust
Series 2013-GC17, Class A4    
4.13%, 11/10/46 (a) 615,000 614,976
Series 2014-GC23, Class A4    
3.62%, 07/10/47 (a) 1,000,000 989,403
Series 2014-GC25, Class A4    
3.64%, 10/10/47 (a) 210,000 206,400
Series 2016-GC36, Class A5    
3.62%, 02/10/49 (a) 3,350,000 3,276,244
Series 2016-GC37, Class A4    
3.31%, 04/10/49 (a) 600,000 581,076
Series 2017-C4, Class A4    
3.47%, 10/12/50 (a) 5,600,000 5,373,271
Series 2017-P7, Class A4    
3.71%, 04/14/50 (a) 500,000 488,507
COMM Mortgage Trust
Series 2012-CR3, Class A3    
2.82%, 10/15/45 (a) 134,623 134,289
Series 2013-CR11, Class A3    
3.98%, 08/10/50 (a) 449,864 448,974
Series 2013-CR11, Class A4    
4.26%, 08/10/50 (a) 340,000 340,734
Series 2014-CR14, Class A3    
3.96%, 02/10/47 (a) 240,000 239,315
Series 2014-CR16, Class ASB    
3.65%, 04/10/47 (a) 186,190 185,730
Series 2014-CR18, Class A4    
3.55%, 07/15/47 (a) 415,134 409,101
Series 2014-CR19, Class ASB    
3.50%, 08/10/47 (a) 176,653 175,978
Series 2014-CR20, Class A3    
3.33%, 11/10/47 (a) 1,855,386 1,820,136
Series 2014-CR21, Class A3    
3.53%, 12/10/47 (a) 173,592 170,903
Series 2014-LC15, Class A4    
4.01%, 04/10/47 (a) 400,000 398,109
Series 2014-UBS4, Class A5    
3.69%, 08/10/47 (a) 1,850,000 1,831,273
Series 2015-CR22, Class A5    
3.31%, 03/10/48 (a) 750,000 732,796
Series 2015-CR24, Class A5    
3.70%, 08/10/48 (a) 400,000 393,357
Series 2015-LC23, Class A4    
3.77%, 10/10/48 (a) 440,000 433,248
Series 2015-PC1, Class A5    
3.90%, 07/10/50 (a) 497,400 492,730
Series 2015-PC1, Class ASB    
3.61%, 07/10/50 (a) 1,239,164 1,231,903
Series 2016-CR28, Class A4    
3.76%, 02/10/49 (a) 2,700,000 2,656,470
Series 2016-DC2, Class A5    
3.77%, 02/10/49 (a) 100,000 98,343
CSAIL Commercial Mortgage Trust
Series 2015-C1, Class A4    
3.51%, 04/15/50 (a) 1,308,000 1,285,638
Series 2015-C3, Class A4    
3.72%, 08/15/48 (a) 300,000 295,231
Series 2019-C17, Class A5    
3.02%, 09/15/52 (a) 2,238,000 2,047,434
CSMC Trust
Series 2016-NXSR, Class A4    
3.79%, 12/15/49 (a)(k) 100,000 98,184
Fannie Mae
Series 2015-M13, Class A2    
2.79%, 06/25/25 (a)(k) 116,558 114,210
Series 2015-M3, Class A2    
2.72%, 10/25/24 (a) 460,533 452,039
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Series 2015-M4, Class AV2    
2.51%, 07/25/22 (a) 326 326
Series 2016-M3, Class ASQ2    
2.26%, 02/25/23 (a) 1,160 1,159
Series 2016-M6, Class A2    
2.49%, 05/25/26 (a) 2,580,991 2,497,927
Freddie Mac
Series K042, Class A2    
2.67%, 12/25/24 (a) 100,000 98,685
Series K043, Class A2    
3.06%, 12/25/24 (a) 750,000 746,391
Series K045, Class A2    
3.02%, 01/25/25 (a) 368,735 366,735
Series K046, Class A2    
3.21%, 03/25/25 (a) 920,000 915,922
Series K048, Class A2    
3.28%, 06/25/25 (a)(k) 838,000 835,910
Series K053, Class A2    
3.00%, 12/25/25 (a) 950,000 938,998
Series K054, Class A2    
2.75%, 01/25/26 (a) 300,000 294,114
Series K055, Class A2    
2.67%, 03/25/26 (a) 750,000 733,062
Series K058, Class A2    
2.65%, 08/25/26 (a) 750,000 730,716
Series K061, Class A2    
3.35%, 11/25/26 (a)(k) 520,000 519,938
Series K062, Class A2    
3.41%, 12/25/26 (a) 257,767 258,350
Series K064, Class A2    
3.22%, 03/25/27 (a) 107,000 106,384
Series K070, Class A2    
3.30%, 11/25/27 (a)(k) 308,000 307,090
Series K071, Class A2    
3.29%, 11/25/27 (a) 4,768,000 4,750,104
Series K072, Class A2    
3.44%, 12/25/27 (a) 1,500,000 1,505,192
Series K074, Class A2    
3.60%, 01/25/28 (a) 8,175,000 8,264,421
Series K078, Class A2    
3.85%, 06/25/28 (a) 1,183,000 1,210,095
Series K083, Class A2    
4.05%, 09/25/28 (a)(k) 2,100,000 2,172,987
Series K085, Class A2    
4.06%, 10/25/28 (a)(k) 900,000 925,514
Series K087, Class A2    
3.77%, 12/25/28 (a) 2,560,000 2,611,314
Series K088, Class A2    
3.69%, 01/25/29 (a) 600,000 609,445
Series K100, Class A2    
2.67%, 09/25/29 (a) 800,000 762,310
Series K103, Class A2    
2.65%, 11/25/29 (a) 2,200,000 2,093,675
Series K-1511, Class A2    
3.47%, 03/25/31 (a) 500,000 499,983
Series K-1512, Class A2    
2.99%, 05/25/31 (a) 1,425,000 1,370,310
Series K154, Class A2    
3.42%, 04/25/32 (a) 1,760,000 1,753,300
Series K155, Class A3    
3.75%, 04/25/33 (a) 835,000 832,337
Series K157, Class A2    
3.99%, 05/25/33 (a) 1,700,000 1,728,716
Series K727, Class A2    
2.95%, 07/25/24 (a) 1,747,969 1,728,548
Series K728, Class A2    
3.06%, 08/25/24 (a)(k) 1,670,285 1,659,064
 
104
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See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Series K731, Class A2    
3.60%, 02/25/25 (a)(k) 298,961 299,811
Series K733, Class A2    
3.75%, 08/25/25 (a)(k) 1,500,000 1,511,615
Series K735, Class A2    
2.86%, 05/25/26 (a) 100,000 97,571
Series KS03, Class A4    
3.16%, 05/25/25 (a)(k) 250,000 248,021
GS Mortgage Securities Trust
Series 2013-GC13, Class A5    
4.17%, 07/10/46 (a)(k) 649,000 649,728
Series 2013-GC14, Class A5    
4.24%, 08/10/46 (a) 700,000 700,808
Series 2016-GS4, Class A4    
3.44%, 11/10/49 (a) 365,000 353,055
Series 2020-GC45, Class A5    
2.91%, 02/13/53 (a) 3,500,000 3,177,908
JP Morgan Chase Commercial Mortgage Securities Trust
Series 2014-C20, Class A4A1    
3.54%, 07/15/47 (a) 633,446 617,501
Series 2015-JP1, Class A4    
3.65%, 01/15/49 (a) 600,000 588,713
JPMBB Commercial Mortgage Securities Trust
Series 2015-C28, Class A4    
3.23%, 10/15/48 (a) 2,000,000 1,953,513
Series 2015-C29, Class A4    
3.61%, 05/15/48 (a) 1,000,000 982,222
Series 2015-C33, Class A4    
3.77%, 12/15/48 (a) 1,150,000 1,132,524
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2013-C10, Class A4    
4.21%, 07/15/46 (a)(k) 180,000 179,424
Series 2013-C11, Class A4    
4.30%, 08/15/46 (a)(k) 1,000,000 994,804
Series 2013-C8, Class AS    
3.38%, 12/15/48 (a) 80,000 79,514
Series 2014-C16, Class A5    
3.89%, 06/15/47 (a) 270,000 268,507
Series 2015-C24, Class A4    
3.73%, 05/15/48 (a) 93,000 91,522
Series 2015-C24, Class ASB    
3.48%, 05/15/48 (a) 615,956 609,641
Morgan Stanley Capital I Trust
Series 2015-UBS8, Class A4    
3.81%, 12/15/48 (a) 400,000 393,300
Series 2017-H1, Class A4    
3.26%, 06/15/50 (a) 250,000 240,121
Series 2017-HR2, Class A4    
3.59%, 12/15/50 (a) 1,300,000 1,255,536
Series 2020-HR8, Class A4    
2.04%, 07/15/53 (a) 3,000,000 2,543,634
UBS Commercial Mortgage Trust
Series 2017-C3, Class A4    
3.43%, 08/15/50 (a) 1,550,000 1,485,239
Series 2017-C6, Class A5    
3.58%, 12/15/50 (a) 1,000,000 965,349
Series 2019-C18, Class A4    
3.04%, 12/15/52 (a) 500,000 454,173
Wells Fargo Commercial Mortgage Trust
Series 2013-LC12, Class A4    
4.22%, 07/15/46 (a)(k) 640,000 636,724
Series 2014-LC16 Class A4    
3.55%, 08/15/50 (a) 694,939 687,263
Series 2015-C28, Class A3    
3.29%, 05/15/48 (a) 993,376 956,646
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Series 2015-C30, Class A4    
3.66%, 09/15/58 (a) 723,000 712,036
Series 2015-C31, Class A3    
3.43%, 11/15/48 (a) 1,268,747 1,247,235
Series 2015-P2, Class A4    
3.81%, 12/15/48 (a) 1,500,000 1,482,176
Series 2016-NXS5, Class A4    
3.37%, 01/15/59 (a) 1,375,000 1,344,838
Series 2016-NXS5, Class A6    
3.64%, 01/15/59 (a) 2,000,000 1,963,199
Series 2016-NXS6, Class A4    
2.92%, 11/15/49 (a) 150,000 142,814
Series 2017-C40, Class A4    
3.58%, 10/15/50 (a) 1,551,000 1,500,927
Series 2017-C41, Class A4    
3.47%, 11/15/50 (a) 2,000,000 1,921,428
Series 2018-C44, Class A5    
4.21%, 05/15/51 (a) 1,500,000 1,492,553
Series 2018-C47, Class A3    
4.18%, 09/15/61 (a) 1,275,000 1,252,344
Series 2019-C50, Class A5    
3.73%, 05/15/52 (a) 1,000,000 963,787
Series 2019-C53, Class A4    
3.04%, 10/15/52 (a) 4,000,000 3,671,685
Wells Fargo Commercial Mortgage Trust 2015-NXS4
Series 2015-NXS4, Class A4    
3.72%, 12/15/48 (a) 2,000,000 1,970,616
Wells Fargo Commercial Mortgage Trust 2016-C32
Series 2016-C32, Class A4    
3.56%, 01/15/59 (a) 500,000 490,501
Wells Fargo Commercial Mortgage Trust 2019-C53
Series 2017-C42, Class A4    
3.59%, 12/15/50 (a) 2,400,000 2,319,920
Wells Fargo Commercial Mortgage Trust 2019-C54
Series 2019-C54, Class A4    
3.15%, 12/15/52 (a) 800,000 739,136
Wells Fargo Commercial Mortgage Trust 2020-C55
Series 2020-C55, Class A5    
2.73%, 02/15/53 (a) 750,000 671,431
Wells Fargo Commercial Mortgage Trust 2020-C58
Series 2020-C58, Class A4    
2.09%, 07/15/53 (a) 3,000,000 2,526,781
WFRBS Commercial Mortgage Trust
Series 2013-C12, Class A4    
3.20%, 03/15/48 (a) 615,521 605,975
Series 2013-C14, Class A5    
3.34%, 06/15/46 (a) 547,687 542,605
Series 2013-C15, Class A4    
4.15%, 08/15/46 (a)(k) 520,000 518,489
Series 2014-C19, Class A4    
3.83%, 03/15/47 (a) 100,000 99,600
    154,521,530
 
Mortgage-Backed Securities Pass-Through 27.8%
Fannie Mae
5.50%, 06/01/24 to 11/01/48 (a) 4,609,529 4,916,439
4.50%, 12/01/24 to 07/01/50 (a) 25,908,506 26,570,751
3.50%, 10/01/25 to 08/01/51 (a) 88,791,386 87,156,139
3.00%, 12/01/25 to 05/01/52 (a) 139,013,289 132,487,609
4.00%, 02/01/26 to 08/01/50 (a) 59,692,074 60,009,648
2.50%, 07/01/27 to 05/01/52 (a) 214,594,422 196,059,071
2.00%, 04/01/28 to 05/01/52 (a) 321,320,608 284,136,783
5.00%, 09/01/33 to 11/01/49 (a) 8,675,172 9,063,484
6.50%, 08/01/34 to 05/01/40 (a) 523,397 574,881
6.00%, 04/01/35 to 07/01/41 (a) 2,021,563 2,197,227
 
105
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.50%, 09/01/35 to 11/01/51 (a) 65,087,878 56,980,315
1.00%, 03/01/36 to 07/01/36 (a) 1,507,393 1,320,596
Freddie Mac
2.00%, 08/01/23 to 04/01/52 (a) 299,352,864 263,775,468
5.50%, 05/01/24 to 08/01/41 (a) 2,223,130 2,376,379
3.50%, 01/01/26 to 09/01/51 (a) 53,218,627 52,183,528
4.00%, 04/01/26 to 07/01/50 (a) 31,003,639 31,163,754
3.00%, 08/01/26 to 05/01/52 (a) 93,300,552 88,850,333
2.50%, 04/01/27 to 05/01/52 (a) 179,929,746 163,819,799
6.00%, 07/01/33 to 07/01/40 (a) 1,522,091 1,653,210
5.00%, 11/01/33 to 12/01/49 (a) 5,535,698 5,812,273
6.50%, 12/01/33 to 09/01/39 (a) 196,228 216,974
4.50%, 05/01/34 to 08/01/49 (a) 11,035,919 11,319,568
1.50%, 08/01/35 to 08/01/51 (a) 73,890,600 63,948,846
1.00%, 10/01/36 (a) 560,699 491,354
Ginnie Mae
3.00%, 01/20/27 to 04/20/52 (a) 85,624,991 81,886,544
2.50%, 03/20/27 to 04/20/52 (a) 109,764,089 101,061,952
3.50%, 09/20/32 to 06/20/51 (a) 63,551,995 62,582,373
5.00%, 03/20/33 to 02/20/48 (a) 4,569,415 4,833,045
5.50%, 10/20/33 to 11/20/44 (a) 651,404 701,386
2.00%, 04/20/36 to 04/20/52 (a) 108,694,238 97,028,279
6.00%, 10/15/36 to 01/20/45 (a) 585,428 642,557
4.50%, 01/20/39 to 02/20/50 (a) 13,889,039 14,349,490
4.00%, 06/15/39 to 02/20/50 (a) 28,956,491 29,268,426
1.50%, 03/20/51 to 10/20/51 (a) 1,580,019 1,349,469
Ginnie Mae II
2.00%, 12/20/51 to 03/20/52 (a) 14,711,444 13,086,137
2.50%, 12/20/51 to 03/20/52 (a) 13,962,380 12,805,595
GNMA TBA
2.50%, 07/21/52 (a)(g) 4,500,000 4,115,000
3.00%, 07/21/52 (a)(g) 9,500,000 8,952,983
3.50%, 07/21/52 (a)(g) 5,500,000 5,344,470
4.00%, 07/21/52 (a)(g) 2,000,000 1,991,494
UMBS TBA
2.00%, 07/18/37 to 07/14/52 (a)(g) 8,000,000 7,203,510
2.50%, 07/18/37 to 07/14/52 (a)(g) 45,000,000 40,681,076
3.00%, 07/14/52 (a)(g) 25,000,000 23,277,074
3.50%, 07/14/52 (a)(g) 20,000,000 19,234,887
4.00%, 07/14/52 (a)(g) 10,500,000 10,357,061
    2,087,837,237
Total Securitized
(Cost $2,496,721,821)
2,261,217,945
SECURITY NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 1.6% OF NET ASSETS
 
Money Market Funds 1.6%
State Street Institutional U.S. Government Money Market Fund, Premier Class 1.43% (l) 116,323,347 116,323,347
State Street Institutional U.S. Government Money Market Fund, Premier Class 1.43% (l)(m) 4,892,515 4,892,515
    121,215,862
Total Short-Term Investments
(Cost $121,215,862)
121,215,862
Total Investments in Securities
(Cost $8,356,805,324)
7,619,290,280
    
* Supranational bonds represent the debt of international organizations or institutions such as the World Bank, the International Monetary Fund, regional multilateral development banks and others.
(a) The effective maturity may be shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or as the result of embedded demand features (puts or calls).
(b) Security is in a fixed-rate coupon period. Based on index eligibility requirements and the fund’s investment objective this security will be removed from the index prior to converting to a floating rate security.
(c) Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $33,777,602 or 0.4% of net assets.
(d) Issuer is affiliated with the fund’s investment adviser.
(e) All or a portion of this security is on loan. Securities on loan were valued at $4,799,645.
(f) Interest rate is subject to adjustments from time to time if a nationally recognized statistical rating organization downgrades (or subsequently upgrades) the debt rating assigned to the bond.
(g) Security or a portion of the security purchased on a delayed-delivery or when-issued basis.
(h) All or a portion of this security is held as collateral for delayed-delivery securities.
(i) Guaranteed by the Republic of Germany.
(j) Zero coupon security.
(k) Fixed rate is determined by a formula set forth in the security’s offering documents and is affected by the current WAC of the underlying loans.
(l) The rate shown is the 7-day yield.
(m) Security purchased with cash collateral received for securities on loan.
    
GO — General obligation
RB — Revenue bond
REIT — Real Estate Investment Trust
TBA — To-be-announced
UMBS — Uniform Mortgage-Backed Securities are single-class securities backed by mortgage loans purchased by either Freddie Mac or Fannie Mae.
WAC — Weighted Average Coupon, which is the weighted average gross interest rate of the securitized asset pool and is determined by the different speeds at which the underlying mortgages are paid down.
 
106
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab U.S. Aggregate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

Below is a summary of the fund’s transactions with affiliated issuers during the period ended June 30, 2022:
SECURITY
RATE, MATURITY DATE
VALUE AT
12/31/21
PURCHASES SALES REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
ACCRETION OF
DISCOUNTS
(AMORTIZATION
OF PREMIUMS)
VALUE AT
6/30/22
FACE AMOUNT
AT 6/30/22
INTEREST
INCOME EARNED
CORPORATES 0.1% OF NET ASSETS
 
Financial Institutions 0.1%
Brokerage/Asset Managers/Exchanges 0.1%
The Charles Schwab Corp.
2.65%, 01/25/23 $229,406 $— ($228,444) $367 ($1,026) ($303) $— $— $514
3.55%, 02/01/24 157,614 (5,936) (1,348) 150,330 150,000 2,663
0.75%, 03/18/24 448,060 (15,884) (541) 431,635 450,000 1,687
3.75%, 04/01/24 84,476 (1,942) (1,962) 80,572 80,000 1,500
3.00%, 03/10/25 99,691 (1,135) 8 98,564 100,000 242
4.20%, 03/24/25 217,644 (53,712) (538) (8,880) (2,088) 152,426 150,000 3,267
3.63%, 04/01/25 106,668 (5,793) (977) 99,898 100,000 1,792
3.85%, 05/21/25 188,704 (11,147) (1,750) 175,807 175,000 3,369
3.45%, 02/13/26 107,400 (7,307) (926) 99,167 100,000 1,706
0.90%, 03/11/26 366,742 (29,058) (248) 337,436 375,000 1,687
1.15%, 05/13/26 247,038 (21,171) (27) 225,840 250,000 1,437
3.20%, 03/02/27 214,240 (24,449) (2,483) (16,304) (1,579) 169,425 175,000 3,100
2.45%, 03/03/27 437,186 (17,338) 582 420,430 450,000 2,664
3.30%, 04/01/27 241,650 (48,539) (5,472) (15,773) (1,813) 170,053 175,000 3,712
3.20%, 01/25/28 242,089 (26,080) 103 (23,916) (730) 191,466 200,000 3,338
2.00%, 03/20/28 354,686 (41,511) (279) 312,896 350,000 3,500
4.00%, 02/01/29 224,536 (55,102) (241) (20,088) (1,323) 147,782 150,000 3,111
3.25%, 05/22/29 215,274 (52,728) 333 (22,639) (480) 139,760 150,000 2,528
2.75%, 10/01/29 157,104 (23,403) (2,805) (17,764) (413) 112,719 125,000 1,915
4.63%, 03/22/30 177,897 (24,626) (1,217) 152,054 150,000 3,469
1.65%, 03/11/31 240,508 (46,579) (925) (32,619) 487 160,872 200,000 1,696
2.30%, 05/13/31 202,140 (32,513) (221) 169,406 200,000 2,300
1.95%, 12/01/31 245,733 (43,005) 182 202,910 250,000 2,410
2.90%, 03/03/32 288,959 (24,874) 227 264,312 300,000 2,103
Total $4,669,609 $825,836 ($559,036) ($11,661) ($442,249) ($16,739) $4,465,760   $55,710

The following is a summary of the inputs used to value the fund’s investments as of June 30, 2022 (see financial note 2(a) for additional information):
DESCRIPTION QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets        
Corporates 1 $— $1,782,122,769 $— $1,782,122,769
Treasuries 1 3,056,749,268 3,056,749,268
Government Related1 397,984,436 397,984,436
Securitized 1 2,261,217,945 2,261,217,945
Short-Term Investments1 121,215,862 121,215,862
Total $121,215,862 $7,498,074,418 $— $7,619,290,280
    
1 As categorized in the Portfolio Holdings.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
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Schwab U.S. Aggregate Bond ETF
Statement of Assets and Liabilities

As of June 30, 2022; unaudited
Assets
Investments in securities, at value - affiliated (cost $4,909,172)   $4,465,760
Investments in securities, at value - unaffiliated (cost $8,351,896,152) including securities on loan of $4,799,645   7,614,824,520
Cash   282,277
Deposits with brokers for TBA margin   1,600,000
Receivables:    
Investments sold   108,710,798
Interest   39,098,451
Dividends   94,783
Income from securities on loan + 2,402
Total assets   7,769,078,991
Liabilities
Collateral held for securities on loan   4,892,515
Payables:    
Investments bought - delayed delivery   153,056,017
Investments bought   92,924,470
Management fees + 248,586
Total liabilities   251,121,588
Net assets   $7,517,957,403
Net Assets by Source
Capital received from investors   $8,322,462,403
Total distributable loss + (804,505,000)
Net assets   $7,517,957,403
    
Net Asset Value (NAV)
Net Assets ÷ Shares
Outstanding
= NAV
$7,517,957,403   156,900,000   $47.92
         
         
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Schwab U.S. Aggregate Bond ETF
Statement of Operations

For the period January 1, 2022 through June 30, 2022; unaudited
Investment Income
Interest received from securities - unaffiliated   $85,122,756
Dividends received from securities - unaffiliated   175,505
Interest received from securities - affiliated   38,971
Securities on loan, net + 15,382
Total investment income   85,352,614
Expenses
Management fees   1,615,138
Total expenses 1,615,138
Net investment income   83,737,476
REALIZED AND UNREALIZED GAINS (LOSSES)
Net realized losses on sales of securities - affiliated   (5,105)
Net realized losses on sales of securities - unaffiliated   (52,094,660)
Net realized losses on sales of in-kind redemptions - affiliated   (6,556)
Net realized losses on sales of in-kind redemptions - unaffiliated + (1,243,859)
Net realized losses   (53,350,180)
Net change in unrealized appreciation (depreciation) on securities - affiliated   (442,249)
Net change in unrealized appreciation (depreciation) on securities - unaffiliated + (932,764,396)
Net change in unrealized appreciation (depreciation) + (933,206,645)
Net realized and unrealized losses   (986,556,825)
Decrease in net assets resulting from operations   ($902,819,349)
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Schwab U.S. Aggregate Bond ETF
Statement of Changes in Net Assets

For the current and prior report periods
Figures for the current period are unaudited
OPERATIONS
  1/1/22-6/30/22 1/1/21-12/31/21
Net investment income   $83,737,476 $157,734,609
Net realized gains (losses)   (53,350,180) 34,204,386
Net change in unrealized appreciation (depreciation) + (933,206,645) (346,508,432)
Decrease in net assets from operations   ($902,819,349) ($154,569,437)
DISTRIBUTIONS TO SHAREHOLDERS
Total distributions   ($77,125,550) ($191,909,550)
    
TRANSACTIONS IN FUND SHARES
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES VALUE SHARES VALUE
Shares sold   5,700,000 $289,818,878 23,200,000 $1,267,931,523
Shares redeemed + (17,100,000) (865,712,346) (10,700,000) (580,401,838)
Net transactions in fund shares   (11,400,000) ($575,893,468) 12,500,000 $687,529,685
SHARES OUTSTANDING AND NET ASSETS
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES NET ASSETS SHARES NET ASSETS
Beginning of period   168,300,000 $9,073,795,770 155,800,000 $8,732,745,072
Total increase (decrease) + (11,400,000) (1,555,838,367) 12,500,000 341,050,698
End of period   156,900,000 $7,517,957,403 168,300,000 $9,073,795,770
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Schwab 1-5 Year Corporate Bond ETF 
Financial Statements
FINANCIAL HIGHLIGHTS
  1/1/22–
6/30/22*
1/1/21–
12/31/21
1/1/20–
12/31/20
10/10/19 1
12/31/19
   
Per-Share Data
Net asset value at beginning of period $50.57 $51.37 $50.04 $50.00    
Income (loss) from investment operations:            
Net investment income (loss)2 0.30 0.50 0.89 0.23    
Net realized and unrealized gains (losses) (3.10) (0.82) 1.74 0.02    
Total from investment operations (2.80) (0.32) 2.63 0.25    
Less distributions:            
Distributions from net investment income (0.27) (0.48) (0.89) (0.21)    
Distributions from net realized gains (0.41)    
Total distributions (0.27) (0.48) (1.30) (0.21)    
Net asset value at end of period $47.50 $50.57 $51.37 $50.04    
Total return (5.56%) 3 (0.64%) 5.31% 0.50% 3    
Ratios/Supplemental Data
Ratios to average net assets:            
Total expenses 0.04% 4 0.05% 5 0.05% 0.06% 4,6    
Net investment income (loss) 1.25% 4 0.99% 1.74% 2.01% 4    
Portfolio turnover rate7 8% 3 13% 80% 12% 3    
Net assets, end of period (x 1,000) $363,346 $609,404 $118,146 $35,029    
    
* Unaudited.
1 Commencement of operations.
2 Calculated based on the average shares outstanding during the period.
3 Not annualized.
4 Annualized.
5 Effective December 20, 2021, the annual operating expense ratio was reduced to 0.04%. The ratio presented for period ended 12/31/21 is a blended ratio.
6 Effective December 13, 2019, the annual operating expense ratio was reduced to 0.05%. The ratio presented for the period ended 12/31/19 is a blended ratio.
7 Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions.
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited)

This section shows all the securities in the fund’s portfolio and their values as of the report date.
The fund files its complete schedule of portfolio holdings with the U.S. Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year on Form N-PORT Part F. The fund’s Form N-PORT Part F is available on the SEC’s website at www.sec.gov. You can also obtain this information at no cost on the fund’s website at www.schwabassetmanagement.com/schwabetfs_prospectus, by calling 1-866-414-6349, or by sending an email request to orders@mysummaryprospectus.com. The fund also makes available its complete schedule of portfolio holdings on a daily basis on the fund’s website.
All securities are currently in a fixed-rate coupon period based on index eligibility requirements and the fund’s investment objective. Generally, for fixed-rate obligations, the rate shown is the interest rate that was established when the obligation was issued. In some cases, for securitized products, the fixed interest rate can change but remains index eligible as a fixed-rate coupon. Variable rate securities are subject to index requirements and will be removed from the index and fund prior to converting from a fixed rate coupon to a variable rate coupon. The maturity date shown for all the securities is the final legal maturity.     
 
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
CORPORATES 99.0% OF NET ASSETS
 
Financial Institutions 45.8%
Banking 36.2%
Ally Financial, Inc.
1.45%, 10/02/23 (a) 200,000 193,494
3.88%, 05/21/24 (a) 150,000 148,601
5.13%, 09/30/24 120,000 121,469
4.63%, 03/30/25 75,000 74,663
5.80%, 05/01/25 (a) 150,000 153,569
4.75%, 06/09/27 (a) 100,000 96,082
American Express Co.
3.70%, 08/03/23 (a) 375,000 376,429
0.75%, 11/03/23 150,000 145,278
3.40%, 02/22/24 (a) 200,000 199,580
3.38%, 05/03/24 300,000 298,260
2.50%, 07/30/24 (a) 235,000 229,132
3.00%, 10/30/24 (a) 340,000 334,006
2.25%, 03/04/25 (a) 250,000 240,760
4.20%, 11/06/25 (a) 125,000 127,060
3.13%, 05/20/26 (a) 175,000 170,114
1.65%, 11/04/26 (a) 225,000 204,104
2.55%, 03/04/27 (a) 300,000 279,858
3.30%, 05/03/27 (a) 300,000 288,816
Banco Bilbao Vizcaya Argentaria S.A.
0.88%, 09/18/23 200,000 193,352
1.13%, 09/18/25 200,000 181,584
Banco Santander S.A.
2.71%, 06/27/24 200,000 195,472
3.50%, 03/24/25 200,000 195,764
2.75%, 05/28/25 400,000 379,876
5.18%, 11/19/25 200,000 200,834
1.85%, 03/25/26 350,000 315,329
4.25%, 04/11/27 200,000 193,184
1.72%, 09/14/27 (a)(b) 200,000 173,812
4.18%, 03/24/28 (a)(b) 200,000 191,276
Bank of America Corp.
4.10%, 07/24/23 300,000 302,886
4.13%, 01/22/24 500,000 505,745
4.00%, 04/01/24 325,000 327,834
3.86%, 07/23/24 (a)(b) 425,000 423,257
4.20%, 08/26/24 500,000 501,405
0.81%, 10/24/24 (a)(b) 400,000 381,772
4.00%, 01/22/25 450,000 448,533
3.46%, 03/15/25 (a)(b) 400,000 394,956
3.95%, 04/21/25 475,000 469,775
0.98%, 04/22/25 (a)(b) 350,000 329,308
3.84%, 04/25/25 (a)(b) 350,000 349,023
3.88%, 08/01/25 325,000 324,204
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
0.98%, 09/25/25 (a)(b) 400,000 371,056
3.09%, 10/01/25 (a)(b) 375,000 363,765
2.46%, 10/22/25 (a)(b) 425,000 405,526
1.53%, 12/06/25 (a)(b) 100,000 93,081
3.37%, 01/23/26 (a)(b) 420,000 406,783
2.02%, 02/13/26 (a)(b) 330,000 309,002
4.45%, 03/03/26 325,000 324,382
3.38%, 04/02/26 (a)(b) 550,000 533,291
3.50%, 04/19/26 425,000 414,375
1.32%, 06/19/26 (a)(b) 600,000 545,964
4.25%, 10/22/26 350,000 345,411
1.20%, 10/24/26 (a)(b) 350,000 313,866
1.66%, 03/11/27 (a)(b) 500,000 449,920
3.56%, 04/23/27 (a)(b) 500,000 479,665
1.73%, 07/22/27 (a)(b)(c) 1,000,000 891,650
3.82%, 01/20/28 (a)(b) 400,000 383,884
2.55%, 02/04/28 (a)(b) 425,000 387,107
3.71%, 04/24/28 (a)(b) 250,000 238,463
4.38%, 04/27/28 (a)(b) 350,000 345,058
Bank of Montreal
0.45%, 12/08/23 250,000 239,897
3.30%, 02/05/24 400,000 399,172
2.50%, 06/28/24 230,000 224,811
1.50%, 01/10/25 300,000 283,122
1.85%, 05/01/25 325,000 307,515
1.25%, 09/15/26 250,000 221,743
0.95%, 01/22/27 (a)(b) 200,000 178,286
2.65%, 03/08/27 200,000 185,680
4.34%, 10/05/28 (a)(b) 175,000 174,956
Bank of New York Mellon Corp.
3.45%, 08/11/23 150,000 150,528
2.20%, 08/16/23 (a) 250,000 247,455
0.35%, 12/07/23 (a) 100,000 96,381
3.65%, 02/04/24 (a) 200,000 200,768
0.50%, 04/26/24 (a) 100,000 95,051
3.40%, 05/15/24 (a) 100,000 99,958
3.25%, 09/11/24 (a) 100,000 99,358
2.10%, 10/24/24 175,000 169,601
3.00%, 02/24/25 (a) 95,000 93,234
1.60%, 04/24/25 (a) 250,000 235,285
3.95%, 11/18/25 (a) 75,000 75,262
0.75%, 01/28/26 (a) 100,000 90,165
2.80%, 05/04/26 (a) 200,000 192,896
2.45%, 08/17/26 (a) 150,000 141,977
1.05%, 10/15/26 (a) 150,000 133,187
3.25%, 05/16/27 (a) 150,000 145,673
3.44%, 02/07/28 (a)(b) 150,000 144,987
3.99%, 06/13/28 (a)(b) 150,000 148,536
Bank of Nova Scotia
0.40%, 09/15/23 250,000 241,655
0.55%, 09/15/23 125,000 120,938
 
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.40%, 02/11/24 325,000 324,064
0.70%, 04/15/24 350,000 331,856
2.20%, 02/03/25 130,000 124,569
3.45%, 04/11/25 250,000 246,735
1.30%, 06/11/25 150,000 139,304
4.50%, 12/16/25 225,000 225,380
1.05%, 03/02/26 275,000 245,762
1.35%, 06/24/26 200,000 179,560
2.70%, 08/03/26 300,000 283,503
1.30%, 09/15/26 (a) 200,000 177,586
1.95%, 02/02/27 100,000 90,454
2.95%, 03/11/27 100,000 94,159
BankUnited, Inc.
4.88%, 11/17/25 (a) 100,000 101,012
Barclays PLC
4.38%, 09/11/24 200,000 199,202
1.01%, 12/10/24 (a)(b) 300,000 284,940
3.65%, 03/16/25 375,000 367,234
3.93%, 05/07/25 (a)(b) 400,000 394,100
4.38%, 01/12/26 400,000 395,644
2.85%, 05/07/26 (a)(b) 250,000 236,385
5.20%, 05/12/26 350,000 349,366
2.28%, 11/24/27 (a)(b) 300,000 266,355
BNP Paribas S.A.
4.25%, 10/15/24 200,000 199,624
BPCE S.A.
4.00%, 04/15/24 250,000 249,537
Cadence Bank
4.13%, 11/20/29 (a)(b) 25,000 24,586
Canadian Imperial Bank of Commerce
3.50%, 09/13/23 200,000 200,312
0.50%, 12/14/23 175,000 167,664
3.10%, 04/02/24 235,000 232,631
2.25%, 01/28/25 225,000 216,016
0.95%, 10/23/25 100,000 90,760
1.25%, 06/22/26 175,000 156,296
3.45%, 04/07/27 150,000 143,963
Capital One Financial Corp.
3.90%, 01/29/24 (a) 250,000 250,067
3.75%, 04/24/24 (a) 100,000 99,721
3.30%, 10/30/24 (a) 300,000 293,160
1.34%, 12/06/24 (a)(b) 300,000 287,604
3.20%, 02/05/25 (a) 195,000 189,675
4.25%, 04/30/25 (a) 50,000 49,990
4.20%, 10/29/25 (a) 250,000 246,627
2.64%, 03/03/26 (a)(b) 100,000 94,567
3.75%, 07/28/26 (a) 300,000 287,256
3.75%, 03/09/27 (a) 300,000 287,361
3.65%, 05/11/27 (a) 200,000 190,674
1.88%, 11/02/27 (a)(b) 225,000 197,291
4.93%, 05/10/28 (a)(b) 300,000 297,474
CIT Bank NA
2.97%, 09/27/25 (a)(b) 150,000 144,047
Citibank NA
3.65%, 01/23/24 (a) 400,000 401,652
Citigroup, Inc.
3.88%, 10/25/23 100,000 101,018
3.75%, 06/16/24 140,000 140,809
4.00%, 08/05/24 145,000 145,000
0.78%, 10/30/24 (a)(b) 500,000 477,100
3.88%, 03/26/25 175,000 172,958
3.35%, 04/24/25 (a)(b) 550,000 539,638
3.30%, 04/27/25 325,000 320,447
0.98%, 05/01/25 (a)(b) 400,000 374,832
4.40%, 06/10/25 400,000 399,852
5.50%, 09/13/25 250,000 257,392
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.28%, 11/03/25 (a)(b) 100,000 93,042
3.70%, 01/12/26 350,000 343,812
4.60%, 03/09/26 250,000 250,862
3.29%, 03/17/26 (a)(b) 300,000 290,760
3.11%, 04/08/26 (a)(b) 600,000 577,278
3.40%, 05/01/26 400,000 387,364
3.20%, 10/21/26 (a) 575,000 547,659
4.30%, 11/20/26 175,000 172,968
1.12%, 01/28/27 (a)(b) 500,000 442,070
1.46%, 06/09/27 (a)(b) 525,000 464,310
3.89%, 01/10/28 (a)(b) 450,000 432,670
3.07%, 02/24/28 (a)(b) 450,000 417,717
4.66%, 05/24/28 (a)(b) 300,000 297,948
Citizens Bank NA
3.75%, 02/18/26 (a) 250,000 245,815
Citizens Financial Group, Inc.
4.30%, 12/03/25 (a) 50,000 49,711
2.85%, 07/27/26 (a) 50,000 46,899
Comerica Bank
2.50%, 07/23/24 250,000 242,920
Comerica, Inc.
3.70%, 07/31/23 (a) 100,000 99,980
Cooperatieve Rabobank UA
0.38%, 01/12/24 250,000 238,465
3.38%, 05/21/25 250,000 246,630
4.38%, 08/04/25 300,000 297,315
3.75%, 07/21/26 250,000 238,395
Credit Suisse AG
0.52%, 08/09/23 250,000 241,517
0.50%, 02/02/24 250,000 235,953
3.63%, 09/09/24 400,000 392,796
3.70%, 02/21/25 250,000 244,782
2.95%, 04/09/25 250,000 239,293
1.25%, 08/07/26 300,000 262,860
Credit Suisse Group AG
3.75%, 03/26/25 400,000 388,120
4.55%, 04/17/26 350,000 342,475
Deutsche Bank AG
0.96%, 11/08/23 200,000 191,912
0.90%, 05/28/24 200,000 187,758
3.70%, 05/30/24 200,000 197,802
2.22%, 09/18/24 (a)(b) 300,000 290,214
1.45%, 04/01/25 (a)(b) 150,000 140,388
3.96%, 11/26/25 (a)(b) 325,000 315,071
4.10%, 01/13/26 150,000 148,402
1.69%, 03/19/26 150,000 134,613
2.13%, 11/24/26 (a)(b) 350,000 311,675
2.31%, 11/16/27 (a)(b) 300,000 259,122
2.55%, 01/07/28 (a)(b) 300,000 259,737
Discover Bank
4.20%, 08/08/23 250,000 250,830
2.45%, 09/12/24 (a) 250,000 240,350
4.25%, 03/13/26 100,000 97,732
3.45%, 07/27/26 (a) 250,000 236,668
Discover Financial Services
3.95%, 11/06/24 (a) 50,000 49,372
4.50%, 01/30/26 (a) 50,000 49,057
4.10%, 02/09/27 (a) 150,000 143,844
Fifth Third Bancorp
4.30%, 01/16/24 (a) 225,000 226,433
3.65%, 01/25/24 (a) 300,000 298,881
2.38%, 01/28/25 (a) 170,000 162,969
2.55%, 05/05/27 (a) 200,000 183,626
1.71%, 11/01/27 (a)(b) 125,000 110,960
 
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Fifth Third Bank NA
3.95%, 07/28/25 (a) 200,000 200,598
First Citizens BancShares, Inc.
3.38%, 03/15/30 (a)(b) 25,000 23,876
First Horizon Corp.
4.00%, 05/26/25 (a) 75,000 73,784
Goldman Sachs Group, Inc.
1.22%, 12/06/23 (a) 200,000 193,042
3.63%, 02/20/24 (a) 290,000 289,147
4.00%, 03/03/24 525,000 526,701
3.00%, 03/15/24 200,000 197,508
3.85%, 07/08/24 (a) 475,000 476,468
0.66%, 09/10/24 (a)(b) 300,000 287,373
0.93%, 10/21/24 (a)(b) 300,000 287,424
3.50%, 01/23/25 (a) 575,000 568,428
1.76%, 01/24/25 (a)(b) 300,000 288,882
3.50%, 04/01/25 (a) 650,000 638,800
3.75%, 05/22/25 (a) 350,000 346,286
3.27%, 09/29/25 (a)(b) 525,000 511,009
4.25%, 10/21/25 325,000 323,336
0.86%, 02/12/26 (a)(b) 150,000 136,685
3.75%, 02/25/26 (a) 300,000 294,672
3.50%, 11/16/26 (a) 425,000 408,727
1.09%, 12/09/26 (a)(b) 425,000 378,212
5.95%, 01/15/27 150,000 157,016
3.85%, 01/26/27 (a) 600,000 580,692
1.43%, 03/09/27 (a)(b) 575,000 511,520
1.54%, 09/10/27 (a)(b) 450,000 395,361
1.95%, 10/21/27 (a)(b) 800,000 708,656
2.64%, 02/24/28 (a)(b) 525,000 476,878
3.62%, 03/15/28 (a)(b) 250,000 236,968
3.69%, 06/05/28 (a)(b) 300,000 284,691
HSBC Holdings PLC
4.25%, 03/14/24 400,000 398,704
0.73%, 08/17/24 (a)(b) 300,000 288,033
1.16%, 11/22/24 (a)(b) 200,000 191,294
3.80%, 03/11/25 (a)(b) 450,000 443,952
0.98%, 05/24/25 (a)(b) 400,000 373,476
4.25%, 08/18/25 300,000 296,034
2.63%, 11/07/25 (a)(b) 350,000 333,900
4.30%, 03/08/26 550,000 545,149
3.00%, 03/10/26 (a)(b) 200,000 190,928
1.65%, 04/18/26 (a)(b) 350,000 321,366
3.90%, 05/25/26 250,000 244,937
2.10%, 06/04/26 (a)(b) 400,000 370,028
4.29%, 09/12/26 (a)(b) 500,000 490,000
4.38%, 11/23/26 200,000 195,948
1.59%, 05/24/27 (a)(b) 300,000 263,991
2.25%, 11/22/27 (a)(b) 450,000 401,251
4.04%, 03/13/28 (a)(b) 500,000 475,560
4.76%, 06/09/28 (a)(b) 400,000 389,228
HSBC USA, Inc.
3.50%, 06/23/24 150,000 149,091
Huntington Bancshares, Inc.
2.63%, 08/06/24 (a) 100,000 97,172
4.00%, 05/15/25 (a) 100,000 99,641
Huntington National Bank
3.55%, 10/06/23 (a) 150,000 149,916
4.55%, 05/17/28 (a)(b) 250,000 249,057
ING Groep N.V.
4.10%, 10/02/23 250,000 250,910
3.55%, 04/09/24 200,000 198,460
3.87%, 03/28/26 (a)(b) 200,000 196,230
3.95%, 03/29/27 200,000 193,132
1.73%, 04/01/27 (a)(b) 200,000 178,838
4.02%, 03/28/28 (a)(b) 250,000 238,790
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
JPMorgan Chase & Co.
3.88%, 02/01/24 300,000 302,049
3.63%, 05/13/24 400,000 400,672
3.80%, 07/23/24 (a)(b) 365,000 363,974
3.88%, 09/10/24 575,000 574,057
0.65%, 09/16/24 (a)(b) 200,000 191,992
4.02%, 12/05/24 (a)(b) 400,000 398,756
3.13%, 01/23/25 (a) 400,000 394,600
0.56%, 02/16/25 (a)(b) 200,000 188,710
3.22%, 03/01/25 (a)(b) 400,000 393,272
0.82%, 06/01/25 (a)(b) 300,000 280,833
3.85%, 06/14/25 (a)(b) 300,000 297,102
0.97%, 06/23/25 (a)(b) 300,000 280,770
3.90%, 07/15/25 (a) 475,000 477,399
7.75%, 07/15/25 75,000 82,196
2.30%, 10/15/25 (a)(b) 355,000 338,606
1.56%, 12/10/25 (a)(b) 550,000 515,278
2.01%, 03/13/26 (a)(b) 400,000 374,588
3.30%, 04/01/26 (a) 450,000 437,364
2.08%, 04/22/26 (a)(b) 650,000 609,433
4.08%, 04/26/26 (a)(b) 300,000 297,342
3.20%, 06/15/26 (a) 300,000 291,177
2.95%, 10/01/26 (a) 500,000 477,635
1.05%, 11/19/26 (a)(b) 500,000 445,315
4.13%, 12/15/26 350,000 347,854
3.96%, 01/29/27 (a)(b) 400,000 391,920
1.04%, 02/04/27 (a)(b) 375,000 331,856
1.58%, 04/22/27 (a)(b) 400,000 357,144
8.00%, 04/29/27 75,000 86,127
1.47%, 09/22/27 (a)(b) 525,000 460,966
3.78%, 02/01/28 (a)(b) 500,000 480,440
2.95%, 02/24/28 (a)(b) 250,000 232,005
4.32%, 04/26/28 (a)(b) 500,000 492,560
3.54%, 05/01/28 (a)(b) 375,000 355,462
2.18%, 06/01/28 (a)(b) 250,000 223,015
KeyBank NA
3.40%, 05/20/26 200,000 192,002
KeyCorp
4.15%, 10/29/25 50,000 49,891
2.25%, 04/06/27 150,000 135,087
Lloyds Banking Group PLC
4.05%, 08/16/23 300,000 300,993
3.90%, 03/12/24 200,000 199,722
4.50%, 11/04/24 200,000 199,354
4.45%, 05/08/25 300,000 300,519
3.87%, 07/09/25 (a)(b) 300,000 296,736
4.58%, 12/10/25 250,000 245,532
2.44%, 02/05/26 (a)(b) 250,000 236,928
4.65%, 03/24/26 225,000 221,240
3.75%, 01/11/27 250,000 241,500
1.63%, 05/11/27 (a)(b) 200,000 178,072
3.75%, 03/18/28 (a)(b) 200,000 190,322
Manufacturers & Traders Trust Co.
2.90%, 02/06/25 (a) 250,000 244,987
Mitsubishi UFJ Financial Group, Inc.
3.76%, 07/26/23 250,000 249,827
2.53%, 09/13/23 200,000 198,136
3.41%, 03/07/24 250,000 248,285
2.80%, 07/18/24 250,000 243,760
0.85%, 09/15/24 (a)(b) 200,000 192,798
2.19%, 02/25/25 400,000 380,216
3.78%, 03/02/25 250,000 248,367
1.41%, 07/17/25 200,000 184,038
0.95%, 07/19/25 (a)(b) 450,000 420,489
3.85%, 03/01/26 550,000 541,062
2.76%, 09/13/26 200,000 187,322
1.54%, 07/20/27 (a)(b) 300,000 265,044
 
114
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.64%, 10/13/27 (a)(b) 200,000 176,526
2.34%, 01/19/28 (a)(b) 250,000 226,013
4.08%, 04/19/28 (a)(b) 200,000 194,948
Mizuho Financial Group, Inc.
1.24%, 07/10/24 (a)(b) 200,000 194,508
0.85%, 09/08/24 (a)(b) 200,000 192,418
3.92%, 09/11/24 (a)(b) 50,000 49,925
2.84%, 07/16/25 (a)(b) 150,000 145,361
2.56%, 09/13/25 (a)(b) 50,000 47,976
2.23%, 05/25/26 (a)(b) 200,000 187,292
2.84%, 09/13/26 200,000 186,184
3.66%, 02/28/27 100,000 95,792
1.23%, 05/22/27 (a)(b) 200,000 174,970
1.55%, 07/09/27 (a)(b) 200,000 176,018
Morgan Stanley
3.88%, 04/29/24 500,000 501,550
3.70%, 10/23/24 600,000 598,926
0.79%, 01/22/25 (a)(b) 300,000 283,956
0.79%, 05/30/25 (a)(b) 500,000 465,915
2.72%, 07/22/25 (a)(b) 385,000 371,640
4.00%, 07/23/25 525,000 525,310
0.86%, 10/21/25 (a)(b) 250,000 230,805
1.16%, 10/21/25 (a)(b) 300,000 278,334
5.00%, 11/24/25 325,000 330,951
3.88%, 01/27/26 525,000 518,128
2.63%, 02/18/26 (a)(b) 250,000 239,215
2.19%, 04/28/26 (a)(b) 600,000 563,106
3.13%, 07/27/26 200,000 190,938
6.25%, 08/09/26 200,000 213,240
4.35%, 09/08/26 400,000 396,300
0.99%, 12/10/26 (a)(b) 400,000 354,928
3.63%, 01/20/27 600,000 582,738
3.95%, 04/23/27 300,000 291,138
1.59%, 05/04/27 (a)(b) 675,000 602,316
1.51%, 07/20/27 (a)(b) 550,000 483,873
2.48%, 01/21/28 (a)(b) 400,000 364,304
4.21%, 04/20/28 (a)(b) 400,000 391,544
National Australia Bank Ltd.
2.50%, 07/12/26 350,000 330,228
3.91%, 06/09/27 250,000 247,135
National Bank of Canada
0.55%, 11/15/24 (a)(b) 250,000 238,630
Natwest Group PLC
3.88%, 09/12/23 550,000 548,641
6.00%, 12/19/23 250,000 254,725
5.13%, 05/28/24 200,000 200,888
4.27%, 03/22/25 (a)(b) 300,000 297,102
4.80%, 04/05/26 300,000 299,196
1.64%, 06/14/27 (a)(b) 250,000 219,633
3.75%, 11/01/29 (a)(b) 200,000 192,100
Northern Trust Corp.
3.95%, 10/30/25 125,000 125,588
4.00%, 05/10/27 (a) 150,000 151,142
3.38%, 05/08/32 (a)(b) 100,000 94,316
Pacific Western Bank
3.25%, 05/01/31 (a)(b) 100,000 91,858
PNC Bank NA
3.80%, 07/25/23 (a) 250,000 251,282
2.95%, 02/23/25 (a) 250,000 243,760
3.88%, 04/10/25 (a) 250,000 247,917
4.20%, 11/01/25 (a) 250,000 250,177
PNC Financial Services Group, Inc.
3.50%, 01/23/24 (a) 225,000 225,142
3.90%, 04/29/24 (a) 65,000 65,366
2.20%, 11/01/24 (a) 150,000 145,527
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.15%, 08/13/26 (a) 150,000 134,138
3.15%, 05/19/27 (a) 200,000 190,938
Regions Financial Corp.
2.25%, 05/18/25 (a) 100,000 95,478
Royal Bank of Canada
3.70%, 10/05/23 345,000 347,301
0.50%, 10/26/23 200,000 193,506
0.43%, 01/19/24 250,000 239,487
2.55%, 07/16/24 300,000 293,316
0.65%, 07/29/24 150,000 140,915
2.25%, 11/01/24 375,000 362,674
1.15%, 06/10/25 350,000 323,862
0.88%, 01/20/26 150,000 134,571
4.65%, 01/27/26 275,000 278,140
1.20%, 04/27/26 325,000 292,224
1.15%, 07/14/26 150,000 133,944
1.40%, 11/02/26 200,000 177,758
3.63%, 05/04/27 250,000 243,210
Santander Holdings USA, Inc.
3.50%, 06/07/24 (a) 175,000 171,974
3.45%, 06/02/25 (a) 200,000 192,890
4.50%, 07/17/25 (a) 150,000 149,597
3.24%, 10/05/26 (a)(d) 150,000 140,741
2.49%, 01/06/28 (a)(b) 175,000 154,613
Santander UK Group Holdings PLC
4.80%, 11/15/24 (a)(b) 200,000 200,156
1.09%, 03/15/25 (a)(b) 200,000 186,960
1.53%, 08/21/26 (a)(b) 200,000 179,240
1.67%, 06/14/27 (a)(b) 150,000 131,207
2.47%, 01/11/28 (a)(b) 200,000 177,508
Santander UK PLC
4.00%, 03/13/24 200,000 200,340
Signature Bank
4.00%, 10/15/30 (a)(b) 75,000 71,873
State Street Corp.
3.70%, 11/20/23 200,000 201,668
3.78%, 12/03/24 (a)(b) 100,000 99,933
3.30%, 12/16/24 100,000 99,754
3.55%, 08/18/25 325,000 323,589
2.35%, 11/01/25 (a)(b) 250,000 240,650
2.90%, 03/30/26 (a)(b) 100,000 97,033
2.65%, 05/19/26 100,000 95,753
2.20%, 02/07/28 (a)(b) 125,000 114,521
Sumitomo Mitsui Banking Corp.
3.40%, 07/11/24 200,000 198,226
Sumitomo Mitsui Financial Group, Inc.
3.75%, 07/19/23 200,000 200,796
3.94%, 10/16/23 150,000 150,912
0.51%, 01/12/24 200,000 190,646
2.70%, 07/16/24 200,000 194,906
2.45%, 09/27/24 250,000 241,260
2.35%, 01/15/25 250,000 239,312
1.47%, 07/08/25 400,000 368,552
0.95%, 01/12/26 200,000 178,416
3.78%, 03/09/26 250,000 245,845
2.63%, 07/14/26 350,000 327,540
1.40%, 09/17/26 325,000 287,758
3.01%, 10/19/26 300,000 284,208
3.45%, 01/11/27 250,000 240,142
SVB Financial Group
3.50%, 01/29/25 50,000 49,056
1.80%, 10/28/26 (a) 150,000 133,766
4.35%, 04/29/28 (a)(b) 50,000 48,587
Svenska Handelsbanken AB
3.90%, 11/20/23 250,000 251,280
 
115
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See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Synchrony Financial
4.38%, 03/19/24 (a) 125,000 124,270
4.25%, 08/15/24 (a) 250,000 248,915
4.88%, 06/13/25 (a) 100,000 98,900
4.50%, 07/23/25 (a) 200,000 194,602
Toronto-Dominion Bank
3.50%, 07/19/23 325,000 326,066
0.45%, 09/11/23 300,000 290,502
0.55%, 03/04/24 150,000 142,823
3.25%, 03/11/24 200,000 198,676
2.65%, 06/12/24 325,000 319,004
0.70%, 09/10/24 200,000 187,850
1.45%, 01/10/25 100,000 94,730
1.15%, 06/12/25 250,000 230,895
0.75%, 09/11/25 75,000 67,740
0.75%, 01/06/26 250,000 223,713
1.20%, 06/03/26 250,000 223,820
1.25%, 09/10/26 250,000 222,018
1.95%, 01/12/27 150,000 135,635
2.80%, 03/10/27 200,000 187,512
4.11%, 06/08/27 300,000 296,991
3.63%, 09/15/31 (a)(b) 275,000 264,962
Truist Bank
3.20%, 04/01/24 (a) 200,000 199,276
3.69%, 08/02/24 (a)(b) 100,000 99,989
2.15%, 12/06/24 (a) 250,000 241,127
1.50%, 03/10/25 (a) 250,000 236,125
3.63%, 09/16/25 (a) 300,000 294,597
4.05%, 11/03/25 (a) 100,000 100,605
3.30%, 05/15/26 (a) 200,000 193,124
Truist Financial Corp.
3.75%, 12/06/23 (a) 100,000 100,684
2.50%, 08/01/24 (a) 175,000 170,914
2.85%, 10/26/24 (a) 175,000 171,603
4.00%, 05/01/25 (a) 175,000 175,478
3.70%, 06/05/25 (a) 150,000 149,478
1.20%, 08/05/25 (a) 150,000 138,176
1.27%, 03/02/27 (a)(b) 225,000 202,298
4.12%, 06/06/28 (a)(b) 300,000 296,322
US Bancorp
3.70%, 01/30/24 (a) 55,000 55,309
3.38%, 02/05/24 (a) 255,000 255,574
2.40%, 07/30/24 (a) 200,000 195,322
3.60%, 09/11/24 (a) 150,000 149,751
1.45%, 05/12/25 (a) 300,000 281,883
3.95%, 11/17/25 (a) 150,000 150,858
3.10%, 04/27/26 (a) 200,000 193,054
2.38%, 07/22/26 (a) 200,000 188,774
3.15%, 04/27/27 (a) 150,000 144,470
2.22%, 01/27/28 (a)(b) 250,000 229,720
US Bank NA
3.40%, 07/24/23 (a) 250,000 249,777
2.05%, 01/21/25 (a) 100,000 96,026
2.80%, 01/27/25 (a) 200,000 195,588
Valley National Bancorp
3.00%, 06/15/31 (a)(b) 75,000 67,797
Wells Fargo & Co.
4.13%, 08/15/23 275,000 277,021
4.48%, 01/16/24 100,000 101,218
3.75%, 01/24/24 (a) 500,000 501,040
3.30%, 09/09/24 350,000 346,041
3.00%, 02/19/25 450,000 440,302
0.81%, 05/19/25 (a)(b) 200,000 187,396
3.55%, 09/29/25 450,000 442,233
2.41%, 10/30/25 (a)(b) 500,000 477,140
2.16%, 02/11/26 (a)(b) 500,000 470,935
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.00%, 04/22/26 600,000 571,914
3.91%, 04/25/26 (a)(b) 200,000 196,886
2.19%, 04/30/26 (a)(b) 500,000 469,055
4.10%, 06/03/26 400,000 393,344
7.57%, 08/01/26 50,000 55,042
3.00%, 10/23/26 625,000 590,262
3.20%, 06/17/27 (a)(b) 475,000 450,808
3.53%, 03/24/28 (a)(b) 600,000 569,514
3.58%, 05/22/28 (a)(b) 500,000 474,270
2.39%, 06/02/28 (a)(b) 500,000 448,210
Western Alliance Bancorp
3.00%, 06/15/31 (a)(b) 100,000 90,035
Westpac Banking Corp.
3.30%, 02/26/24 350,000 349,212
2.35%, 02/19/25 175,000 169,206
3.74%, 08/26/25 150,000 149,637
2.85%, 05/13/26 350,000 336,122
1.15%, 06/03/26 300,000 269,445
2.70%, 08/19/26 200,000 190,276
3.35%, 03/08/27 100,000 96,918
2.89%, 02/04/30 (a)(b) 175,000 165,953
4.32%, 11/23/31 (a)(b) 275,000 265,034
    131,465,710
Brokerage/Asset Managers/Exchanges 1.4%
Affiliated Managers Group, Inc.
4.25%, 02/15/24 100,000 100,717
3.50%, 08/01/25 75,000 74,335
Ameriprise Financial, Inc.
4.00%, 10/15/23 200,000 201,274
3.70%, 10/15/24 100,000 100,059
3.00%, 04/02/25 (a) 100,000 97,842
BGC Partners, Inc.
5.38%, 07/24/23 50,000 50,080
3.75%, 10/01/24 (a) 100,000 97,595
BlackRock, Inc.
3.50%, 03/18/24 185,000 186,064
3.20%, 03/15/27 150,000 147,331
Brookfield Asset Management, Inc.
4.00%, 01/15/25 (a) 165,000 163,980
Brookfield Finance, Inc.
4.00%, 04/01/24 (a) 175,000 174,652
Cboe Global Markets, Inc.
3.65%, 01/12/27 (a) 100,000 97,719
CME Group, Inc.
3.00%, 03/15/25 (a) 150,000 148,287
Eaton Vance Corp.
3.50%, 04/06/27 (a) 50,000 48,086
Franklin Resources, Inc.
2.85%, 03/30/25 50,000 48,677
Intercontinental Exchange, Inc.
3.65%, 05/23/25 (a) 100,000 99,387
3.75%, 12/01/25 (a) 250,000 248,105
Invesco Finance PLC
4.00%, 01/30/24 25,000 25,032
3.75%, 01/15/26 175,000 172,928
Janus Capital Group, Inc.
4.88%, 08/01/25 (a) 75,000 75,682
Jefferies Group LLC/Jefferies Group Capital Finance, Inc.
4.85%, 01/15/27 175,000 174,596
Lazard Group LLC
3.75%, 02/13/25 100,000 98,153
 
116
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See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Legg Mason, Inc.
4.75%, 03/15/26 100,000 102,555
Nasdaq, Inc.
3.85%, 06/30/26 (a) 125,000 124,309
Nomura Holdings, Inc.
2.65%, 01/16/25 200,000 189,820
5.10%, 07/03/25 (e) 200,000 200,946
1.85%, 07/16/25 300,000 276,315
1.65%, 07/14/26 200,000 175,634
2.33%, 01/22/27 200,000 177,082
Stifel Financial Corp.
4.25%, 07/18/24 115,000 115,521
The Charles Schwab Corp.
3.55%, 02/01/24 (a)(f) 70,000 70,154
0.75%, 03/18/24 (a)(f) 225,000 215,818
3.75%, 04/01/24 (a)(f) 55,000 55,393
4.20%, 03/24/25 (a)(f) 75,000 76,213
3.63%, 04/01/25 (a)(f) 50,000 49,949
3.85%, 05/21/25 (a)(f) 120,000 120,553
3.45%, 02/13/26 (a)(f) 30,000 29,750
0.90%, 03/11/26 (a)(f) 200,000 179,966
1.15%, 05/13/26 (a)(f) 150,000 135,504
3.20%, 03/02/27 (a)(f) 100,000 96,814
2.45%, 03/03/27 (a)(f) 200,000 186,858
3.30%, 04/01/27 (a)(f) 50,000 48,587
    5,258,322
Finance Companies 2.5%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
4.50%, 09/15/23 (a) 150,000 149,665
1.15%, 10/29/23 300,000 286,512
4.88%, 01/16/24 (a) 150,000 149,805
3.15%, 02/15/24 (a) 150,000 145,867
2.88%, 08/14/24 (a) 150,000 143,869
1.65%, 10/29/24 (a) 550,000 509,393
3.50%, 01/15/25 (a) 150,000 143,997
6.50%, 07/15/25 (a) 200,000 204,788
4.45%, 10/01/25 (a) 150,000 145,525
1.75%, 01/30/26 (a) 200,000 174,630
4.45%, 04/03/26 (a) 150,000 143,898
2.45%, 10/29/26 (a) 600,000 522,822
Air Lease Corp.
3.00%, 09/15/23 (a) 55,000 54,245
4.25%, 02/01/24 (a) 150,000 148,624
0.70%, 02/15/24 (a) 150,000 141,699
0.80%, 08/18/24 (a) 100,000 91,772
2.30%, 02/01/25 (a) 150,000 140,664
3.25%, 03/01/25 (a) 150,000 143,504
3.38%, 07/01/25 (a) 125,000 117,893
2.88%, 01/15/26 (a) 250,000 229,672
3.75%, 06/01/26 (a) 150,000 141,260
1.88%, 08/15/26 (a) 200,000 173,168
2.20%, 01/15/27 (a) 150,000 130,892
3.63%, 04/01/27 (a) 100,000 92,661
Aircastle Ltd.
4.40%, 09/25/23 (a) 125,000 123,795
4.13%, 05/01/24 (a) 50,000 48,729
4.25%, 06/15/26 (a) 150,000 138,492
Ares Capital Corp.
4.20%, 06/10/24 (a) 160,000 157,333
4.25%, 03/01/25 (a) 95,000 90,855
3.25%, 07/15/25 (a) 225,000 208,253
3.88%, 01/15/26 (a) 200,000 184,548
2.15%, 07/15/26 (a) 175,000 147,320
Bain Capital Specialty Finance, Inc.
2.95%, 03/10/26 (a) 125,000 111,980
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Barings BDC, Inc.
3.30%, 11/23/26 (a)(d) 75,000 64,605
BlackRock TCP Capital Corp.
2.85%, 02/09/26 (a) 75,000 68,175
Blackstone Private Credit Fund
1.75%, 09/15/24 (d) 75,000 69,413
2.35%, 11/22/24 (d) 100,000 91,825
2.70%, 01/15/25 (a)(d) 100,000 91,300
4.70%, 03/24/25 (d) 150,000 144,591
2.63%, 12/15/26 (a)(d) 225,000 188,044
3.25%, 03/15/27 (a)(d) 175,000 148,640
Blackstone Secured Lending Fund
3.65%, 07/14/23 75,000 74,612
3.63%, 01/15/26 (a) 125,000 114,775
2.75%, 09/16/26 (a) 125,000 109,503
2.13%, 02/15/27 (a) 125,000 104,656
FS KKR Capital Corp.
4.63%, 07/15/24 (a) 25,000 24,579
4.13%, 02/01/25 (a) 160,000 152,131
3.40%, 01/15/26 (a) 300,000 266,706
GATX Corp.
4.35%, 02/15/24 (a) 50,000 50,399
3.25%, 03/30/25 (a) 50,000 48,743
3.25%, 09/15/26 (a) 100,000 95,652
Goldman Sachs BDC, Inc.
3.75%, 02/10/25 (a) 60,000 58,170
2.88%, 01/15/26 (a) 100,000 90,463
Golub Capital BDC, Inc.
3.38%, 04/15/24 (a) 100,000 96,653
2.50%, 08/24/26 (a) 125,000 104,755
Hercules Capital, Inc.
2.63%, 09/16/26 (a) 75,000 64,916
Main Street Capital Corp.
5.20%, 05/01/24 125,000 124,620
3.00%, 07/14/26 (a) 100,000 87,475
Morgan Stanley Direct Lending Fund
4.50%, 02/11/27 (a)(d) 100,000 91,043
Oaktree Specialty Lending Corp.
3.50%, 02/25/25 (a) 110,000 104,512
Owl Rock Capital Corp.
5.25%, 04/15/24 (a) 25,000 25,001
4.00%, 03/30/25 (a) 105,000 99,297
3.75%, 07/22/25 (a) 125,000 115,931
4.25%, 01/15/26 (a) 150,000 138,158
3.40%, 07/15/26 (a) 250,000 220,592
Owl Rock Core Income Corp.
3.13%, 09/23/26 (a)(d) 75,000 64,775
Owl Rock Technology Finance Corp.
2.50%, 01/15/27 (a) 75,000 63,932
Prospect Capital Corp.
3.71%, 01/22/26 (a) 125,000 111,471
Sixth Street Specialty Lending, Inc.
3.88%, 11/01/24 (a) 95,000 91,720
    9,199,963
Financial Other 0.1%
ORIX Corp.
4.05%, 01/16/24 25,000 25,100
3.25%, 12/04/24 150,000 147,589
    172,689
 
117
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Insurance 2.9%
Ace INA Holdings, Inc.
3.15%, 03/15/25 150,000 147,349
3.35%, 05/03/26 (a) 300,000 293,430
Aetna, Inc.
2.80%, 06/15/23 (a) 35,000 34,577
3.50%, 11/15/24 (a) 125,000 123,679
Aflac, Inc.
3.63%, 11/15/24 150,000 150,475
3.25%, 03/17/25 50,000 49,398
1.13%, 03/15/26 (a) 75,000 67,839
2.88%, 10/15/26 (a) 75,000 72,441
Allied World Assurance Co., Holdings Ltd.
4.35%, 10/29/25 (a) 100,000 98,282
Allstate Corp.
0.75%, 12/15/25 (a) 150,000 135,112
5.75%, 08/15/53 (a)(b) 150,000 133,412
American Equity Investment Life Holding Co.
5.00%, 06/15/27 (a) 100,000 98,579
American International Group, Inc.
4.13%, 02/15/24 150,000 151,141
2.50%, 06/30/25 (a) 250,000 238,600
3.90%, 04/01/26 (a) 300,000 293,736
Anthem, Inc.
3.50%, 08/15/24 (a) 150,000 149,464
3.35%, 12/01/24 (a) 150,000 148,186
2.38%, 01/15/25 (a) 200,000 192,938
1.50%, 03/15/26 (a) 150,000 137,313
Aon Corp.
8.21%, 01/01/27 100,000 107,001
2.85%, 05/28/27 (a) 100,000 93,821
Aon PLC
4.00%, 11/27/23 (a) 75,000 75,420
3.50%, 06/14/24 (a) 125,000 124,325
3.88%, 12/15/25 (a) 100,000 99,001
Assurant, Inc.
4.20%, 09/27/23 (a) 56,000 56,432
Assured Guaranty US Holdings, Inc.
5.00%, 07/01/24 91,000 92,900
Berkshire Hathaway, Inc.
3.13%, 03/15/26 (a) 475,000 466,611
Brighthouse Financial, Inc.
3.70%, 06/22/27 (a) 100,000 93,761
Brown & Brown, Inc.
4.20%, 09/15/24 (a) 70,000 70,019
Chubb INA Holdings, Inc.
3.35%, 05/15/24 75,000 74,825
CNA Financial Corp.
3.95%, 05/15/24 (a) 75,000 74,996
4.50%, 03/01/26 (a) 100,000 100,372
CNO Financial Group, Inc.
5.25%, 05/30/25 (a) 100,000 101,553
Corebridge Financial, Inc.
3.50%, 04/04/25 (a)(d) 175,000 170,450
3.65%, 04/05/27 (a)(d) 200,000 188,546
First American Financial Corp.
4.60%, 11/15/24 75,000 74,837
Hanover Insurance Group, Inc.
4.50%, 04/15/26 (a) 75,000 74,752
Humana, Inc.
0.65%, 08/03/23 (a) 250,000 242,322
3.85%, 10/01/24 (a) 75,000 75,254
4.50%, 04/01/25 (a) 125,000 126,534
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.35%, 02/03/27 (a) 150,000 131,396
3.95%, 03/15/27 (a) 100,000 98,381
Jackson Financial, Inc.
1.13%, 11/22/23 (d) 100,000 96,164
Kemper Corp.
4.35%, 02/15/25 (a) 120,000 119,590
Lincoln National Corp.
4.00%, 09/01/23 100,000 100,726
3.63%, 12/12/26 (a) 100,000 97,126
Loews Corp.
3.75%, 04/01/26 (a) 100,000 99,205
Manulife Financial Corp.
4.15%, 03/04/26 175,000 173,689
4.06%, 02/24/32 (a)(b) 125,000 115,759
Marsh & McLennan Cos., Inc.
3.88%, 03/15/24 (a) 210,000 210,500
3.50%, 06/03/24 (a) 80,000 79,825
3.50%, 03/10/25 (a) 100,000 98,870
3.75%, 03/14/26 (a) 100,000 99,194
MetLife, Inc.
4.37%, 09/15/23 125,000 126,538
3.60%, 04/10/24 175,000 175,556
3.00%, 03/01/25 100,000 98,393
3.60%, 11/13/25 (a) 100,000 99,386
Old Republic International Corp.
4.88%, 10/01/24 (a) 75,000 76,169
3.88%, 08/26/26 (a) 125,000 121,538
Principal Financial Group, Inc.
3.40%, 05/15/25 (a) 100,000 97,985
Prudential Financial, Inc.
1.50%, 03/10/26 (a) 100,000 91,917
5.20%, 03/15/44 (a)(b) 100,000 95,244
5.38%, 05/15/45 (a)(b) 200,000 191,950
Reinsurance Group of America, Inc.
4.70%, 09/15/23 75,000 75,731
3.95%, 09/15/26 (a) 75,000 74,052
RenaissanceRe Finance, Inc.
3.70%, 04/01/25 (a) 45,000 44,751
Swiss Re America Holding Corp.
7.00%, 02/15/26 100,000 110,194
The Progressive Corp.
2.45%, 01/15/27 100,000 94,348
2.50%, 03/15/27 (a) 100,000 94,516
Trinity Acquisition PLC
4.40%, 03/15/26 (a) 125,000 123,704
UnitedHealth Group, Inc.
3.50%, 02/15/24 150,000 150,682
0.55%, 05/15/24 (a) 50,000 47,685
2.38%, 08/15/24 275,000 269,797
3.75%, 07/15/25 300,000 300,396
3.70%, 12/15/25 100,000 99,924
1.25%, 01/15/26 150,000 138,537
3.10%, 03/15/26 200,000 195,978
1.15%, 05/15/26 (a) 250,000 227,695
3.70%, 05/15/27 (a) 200,000 199,342
Unum Group
4.00%, 03/15/24 50,000 49,940
Voya Financial, Inc.
3.65%, 06/15/26 75,000 72,944
Willis North America, Inc.
3.60%, 05/15/24 (a) 100,000 98,820
4.65%, 06/15/27 (a) 100,000 98,476
    10,562,296
 
118
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
REITs 2.7%
Alexandria Real Estate Equities, Inc.
3.45%, 04/30/25 (a) 125,000 123,101
4.30%, 01/15/26 (a) 50,000 50,241
3.95%, 01/15/27 (a) 125,000 123,572
American Campus Communities Operating Partnership LP
4.13%, 07/01/24 (a) 75,000 75,406
3.30%, 07/15/26 (a) 100,000 97,782
AvalonBay Communities, Inc.
4.20%, 12/15/23 (a) 75,000 75,322
3.50%, 11/15/24 (a) 125,000 123,532
3.45%, 06/01/25 (a) 75,000 73,856
3.50%, 11/15/25 (a) 150,000 145,768
2.95%, 05/11/26 (a) 100,000 95,675
Boston Properties LP
3.13%, 09/01/23 (a) 100,000 99,214
3.80%, 02/01/24 (a) 125,000 124,599
3.20%, 01/15/25 (a) 170,000 165,876
3.65%, 02/01/26 (a) 300,000 291,588
Brandywine Operating Partnership LP
4.10%, 10/01/24 (a) 75,000 74,452
Brixmor Operating Partnership LP
3.65%, 06/15/24 (a) 175,000 172,762
3.85%, 02/01/25 (a) 20,000 19,705
4.13%, 06/15/26 (a) 200,000 195,948
Corporate Office Properties LP
2.25%, 03/15/26 (a) 75,000 68,006
CubeSmart LP
4.00%, 11/15/25 (a) 100,000 98,943
Duke Realty LP
3.25%, 06/30/26 (a) 75,000 72,337
EPR Properties
4.75%, 12/15/26 (a) 125,000 117,240
Essex Portfolio LP
3.88%, 05/01/24 (a) 100,000 99,846
3.50%, 04/01/25 (a) 15,000 14,729
3.38%, 04/15/26 (a) 150,000 145,206
3.63%, 05/01/27 (a) 100,000 96,929
Federal Realty Investment Trust
3.95%, 01/15/24 (a) 125,000 124,799
1.25%, 02/15/26 (a) 100,000 89,573
Healthcare Trust of America Holdings LP
3.50%, 08/01/26 (a) 125,000 119,109
Healthpeak Properties, Inc.
3.40%, 02/01/25 (a) 25,000 24,602
4.00%, 06/01/25 (a) 200,000 199,250
1.35%, 02/01/27 (a) 100,000 87,943
Highwoods Realty LP
3.88%, 03/01/27 (a) 75,000 72,450
Host Hotels & Resorts LP
3.88%, 04/01/24 (a) 115,000 114,200
4.50%, 02/01/26 (a) 100,000 98,530
Kilroy Realty LP
3.45%, 12/15/24 (a) 75,000 73,163
4.38%, 10/01/25 (a) 75,000 74,172
Kimco Realty Corp.
2.70%, 03/01/24 (a) 100,000 98,119
3.30%, 02/01/25 (a) 25,000 24,491
2.80%, 10/01/26 (a) 150,000 140,745
Kite Realty Group LP
4.00%, 10/01/26 (a) 100,000 96,028
LifeStorage LP/CA
3.50%, 07/01/26 (a) 100,000 95,735
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Mid-America Apartments LP
4.30%, 10/15/23 (a) 40,000 40,245
3.75%, 06/15/24 (a) 100,000 99,702
1.10%, 09/15/26 (a) 175,000 153,872
National Retail Properties, Inc.
3.90%, 06/15/24 (a) 155,000 154,743
4.00%, 11/15/25 (a) 100,000 99,663
Office Properties Income Trust
4.25%, 05/15/24 (a) 75,000 72,981
4.50%, 02/01/25 (a) 100,000 95,919
2.65%, 06/15/26 (a) 50,000 42,561
2.40%, 02/01/27 (a) 75,000 61,319
Omega Healthcare Investors, Inc.
4.38%, 08/01/23 (a) 45,000 45,097
4.95%, 04/01/24 (a) 75,000 75,310
4.50%, 01/15/25 (a) 75,000 74,254
5.25%, 01/15/26 (a) 125,000 123,902
4.50%, 04/01/27 (a) 125,000 119,025
Physicians Realty LP
4.30%, 03/15/27 (a) 100,000 98,204
Piedmont Operating Partnership LP
4.45%, 03/15/24 (a) 75,000 75,477
Prologis LP
3.25%, 10/01/26 (a) 75,000 73,021
Public Storage
0.88%, 02/15/26 (a) 100,000 89,384
1.50%, 11/09/26 (a) 100,000 90,394
Realty Income Corp.
4.60%, 02/06/24 (a) 50,000 50,481
3.88%, 07/15/24 (a) 75,000 75,076
4.63%, 11/01/25 (a) 150,000 152,205
0.75%, 03/15/26 (a) 75,000 66,135
4.88%, 06/01/26 (a) 75,000 76,554
4.13%, 10/15/26 (a) 125,000 124,524
3.00%, 01/15/27 (a) 150,000 142,294
Regency Centers LP
3.60%, 02/01/27 (a) 100,000 97,043
Sabra Health Care LP
5.13%, 08/15/26 (a) 100,000 97,242
Simon Property Group LP
3.75%, 02/01/24 (a) 125,000 124,842
2.00%, 09/13/24 (a) 150,000 143,653
3.38%, 10/01/24 (a) 100,000 99,099
3.50%, 09/01/25 (a) 225,000 219,928
3.30%, 01/15/26 (a) 200,000 193,604
3.25%, 11/30/26 (a) 150,000 143,394
1.38%, 01/15/27 (a) 75,000 65,732
SITE Centers Corp.
3.63%, 02/01/25 (a) 100,000 97,298
4.25%, 02/01/26 (a) 100,000 98,142
Spirit Realty LP
3.20%, 01/15/27 (a) 100,000 92,049
Ventas Realty LP
3.50%, 04/15/24 (a) 100,000 99,018
3.75%, 05/01/24 (a) 35,000 34,800
2.65%, 01/15/25 (a) 160,000 153,288
4.13%, 01/15/26 (a) 150,000 148,492
3.25%, 10/15/26 (a) 100,000 94,612
Vornado Realty LP
3.50%, 01/15/25 (a) 50,000 48,534
2.15%, 06/01/26 (a) 50,000 44,572
Welltower, Inc.
4.50%, 01/15/24 (a) 25,000 25,182
3.63%, 03/15/24 (a) 180,000 178,666
 
119
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.00%, 06/01/25 (a) 225,000 223,814
4.25%, 04/01/26 (a) 150,000 148,686
2.70%, 02/15/27 (a) 75,000 69,416
WP Carey, Inc.
4.60%, 04/01/24 (a) 100,000 100,679
4.00%, 02/01/25 (a) 75,000 74,791
4.25%, 10/01/26 (a) 50,000 49,543
    9,713,005
    166,371,985
 
Industrial 48.1%
Basic Industry 1.5%
Air Products and Chemicals, Inc.
3.35%, 07/31/24 (a) 75,000 74,855
1.50%, 10/15/25 (a) 100,000 94,251
1.85%, 05/15/27 (a) 100,000 91,202
ArcelorMittal S.A.
4.55%, 03/11/26 75,000 74,027
Braskem Finance Ltd.
6.45%, 02/03/24 200,000 206,064
Celanese US Holdings LLC
3.50%, 05/08/24 (a) 150,000 148,140
Celulosa Arauco y Constitucion S.A.
4.50%, 08/01/24 (a) 200,000 199,336
DuPont de Nemours, Inc.
4.21%, 11/15/23 (a) 425,000 427,652
4.49%, 11/15/25 (a) 350,000 352,681
Eastman Chemical Co.
3.80%, 03/15/25 (a) 150,000 148,350
Ecolab, Inc.
0.90%, 12/15/23 (a) 50,000 48,575
2.70%, 11/01/26 (a) 150,000 144,124
EI du Pont de Nemours and Co.
1.70%, 07/15/25 (a) 100,000 93,907
Fibria Overseas Finance Ltd.
4.00%, 01/14/25 (a) 50,000 49,643
FMC Corp.
3.20%, 10/01/26 (a) 125,000 119,106
Freeport-McMoRan, Inc.
4.55%, 11/14/24 (a) 125,000 124,635
Georgia-Pacific LLC
8.00%, 01/15/24 90,000 95,475
Kinross Gold Corp.
5.95%, 03/15/24 (a) 100,000 102,421
Linde, Inc.
2.65%, 02/05/25 (a) 15,000 14,761
3.20%, 01/30/26 (a) 125,000 124,529
LYB International Finance BV
4.00%, 07/15/23 63,000 62,936
LYB International Finance III LLC
1.25%, 10/01/25 (a) 75,000 67,970
LyondellBasell Industries NV
5.75%, 04/15/24 (a) 200,000 204,668
Mosaic Co.
4.25%, 11/15/23 (a) 150,000 151,069
Nucor Corp.
2.00%, 06/01/25 (a) 100,000 94,350
4.30%, 05/23/27 (a) 150,000 149,596
Nutrien Ltd.
3.00%, 04/01/25 (a) 100,000 97,731
4.00%, 12/15/26 (a) 75,000 74,951
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Packaging Corp. of America
3.65%, 09/15/24 (a) 75,000 74,540
PPG Industries, Inc.
2.40%, 08/15/24 (a) 50,000 48,701
1.20%, 03/15/26 (a) 150,000 134,573
Reliance Steel & Aluminum Co.
1.30%, 08/15/25 (a) 75,000 68,313
RPM International, Inc.
3.75%, 03/15/27 (a) 100,000 96,125
Sherwin-Williams Co.
3.13%, 06/01/24 (a) 100,000 99,277
3.45%, 08/01/25 (a) 75,000 73,907
3.95%, 01/15/26 (a) 75,000 74,569
3.45%, 06/01/27 (a) 250,000 238,805
Southern Copper Corp.
3.88%, 04/23/25 100,000 99,106
Steel Dynamics, Inc.
2.80%, 12/15/24 (a) 75,000 72,824
2.40%, 06/15/25 (a) 75,000 71,060
5.00%, 12/15/26 (a) 50,000 49,541
Vale Overseas Ltd.
6.25%, 08/10/26 275,000 287,499
Westlake Chemical Corp.
3.60%, 08/15/26 (a) 175,000 170,553
WRKCo, Inc.
3.75%, 03/15/25 (a) 150,000 148,585
4.65%, 03/15/26 (a) 150,000 150,973
    5,595,956
Capital Goods 5.2%
3M Co.
3.25%, 02/14/24 (a) 150,000 150,211
2.00%, 02/14/25 (a) 120,000 115,614
2.65%, 04/15/25 (a) 150,000 146,577
3.00%, 08/07/25 150,000 147,757
Allegion US Holding Co., Inc.
3.20%, 10/01/24 (a) 100,000 97,332
Amcor Finance USA, Inc.
3.63%, 04/28/26 (a) 125,000 120,198
Amphenol Corp.
3.20%, 04/01/24 (a) 25,000 24,805
2.05%, 03/01/25 (a) 100,000 95,306
Berry Global, Inc.
0.95%, 02/15/24 (a) 150,000 142,144
1.57%, 01/15/26 (a) 250,000 223,310
1.65%, 01/15/27 (a) 75,000 65,551
Boeing Co.
1.95%, 02/01/24 75,000 72,482
1.43%, 02/04/24 (a) 450,000 430,713
2.80%, 03/01/24 (a) 125,000 122,684
2.85%, 10/30/24 (a) 100,000 97,373
4.88%, 05/01/25 (a) 600,000 597,948
2.60%, 10/30/25 (a) 50,000 46,774
2.75%, 02/01/26 (a) 275,000 255,568
2.20%, 02/04/26 (a) 975,000 880,337
3.10%, 05/01/26 (a) 125,000 117,020
2.25%, 06/15/26 (a) 75,000 67,735
2.70%, 02/01/27 (a) 175,000 155,799
2.80%, 03/01/27 (a) 50,000 44,881
5.04%, 05/01/27 (a) 325,000 321,197
Carlisle Cos., Inc.
3.50%, 12/01/24 (a) 129,000 127,470
 
120
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Carrier Global Corp.
2.24%, 02/15/25 (a) 355,000 337,335
2.49%, 02/15/27 (a) 50,000 45,696
Caterpillar Financial Services Corp.
0.65%, 07/07/23 75,000 73,160
0.45%, 09/14/23 150,000 145,600
3.75%, 11/24/23 170,000 171,538
3.65%, 12/07/23 150,000 151,147
2.85%, 05/17/24 175,000 173,533
3.30%, 06/09/24 215,000 215,041
2.15%, 11/08/24 125,000 121,420
3.25%, 12/01/24 250,000 249,922
3.40%, 05/13/25 225,000 224,752
0.80%, 11/13/25 250,000 227,387
0.90%, 03/02/26 200,000 181,922
1.15%, 09/14/26 150,000 135,359
1.70%, 01/08/27 100,000 91,743
Caterpillar, Inc.
3.40%, 05/15/24 (a) 125,000 125,476
CNH Industrial Capital LLC
1.95%, 07/02/23 125,000 122,176
4.20%, 01/15/24 100,000 100,071
1.88%, 01/15/26 (a) 150,000 136,233
CNH Industrial NV
4.50%, 08/15/23 125,000 126,175
Deere & Co.
2.75%, 04/15/25 (a) 50,000 48,953
Dover Corp.
3.15%, 11/15/25 (a) 75,000 73,797
Emerson Electric Co.
3.15%, 06/01/25 (a) 100,000 98,991
0.88%, 10/15/26 (a) 150,000 132,831
Fortive Corp.
3.15%, 06/15/26 (a) 175,000 165,839
Fortune Brands Home & Security, Inc.
4.00%, 09/21/23 (a) 100,000 100,387
4.00%, 06/15/25 (a) 100,000 98,800
GE Capital International Funding Co.
3.37%, 11/15/25 50,000 48,772
General Dynamics Corp.
2.38%, 11/15/24 (a) 100,000 97,454
3.25%, 04/01/25 (a) 150,000 148,885
3.50%, 05/15/25 (a) 100,000 99,796
1.15%, 06/01/26 (a) 125,000 113,385
2.13%, 08/15/26 (a) 100,000 93,947
3.50%, 04/01/27 (a) 125,000 122,990
Honeywell International, Inc.
2.30%, 08/15/24 (a) 175,000 171,906
1.35%, 06/01/25 (a) 175,000 165,093
2.50%, 11/01/26 (a) 325,000 310,739
Hubbell, Inc.
3.35%, 03/01/26 (a) 75,000 73,067
Huntington Ingalls Industries, Inc.
0.67%, 08/16/23 (a) 75,000 72,327
3.84%, 05/01/25 (a) 125,000 122,238
Illinois Tool Works, Inc.
3.50%, 03/01/24 (a) 120,000 120,521
2.65%, 11/15/26 (a) 200,000 191,286
John Deere Capital Corp.
0.40%, 10/10/23 150,000 145,215
3.65%, 10/12/23 120,000 120,984
3.45%, 01/10/24 50,000 50,191
0.45%, 01/17/24 250,000 240,002
2.60%, 03/07/24 180,000 178,177
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
0.45%, 06/07/24 125,000 118,618
2.65%, 06/24/24 170,000 168,431
0.63%, 09/10/24 150,000 141,830
2.05%, 01/09/25 20,000 19,380
2.13%, 03/07/25 50,000 48,335
3.45%, 03/13/25 100,000 100,236
3.40%, 09/11/25 125,000 124,705
0.70%, 01/15/26 50,000 45,238
2.65%, 06/10/26 100,000 96,372
1.05%, 06/17/26 200,000 181,228
1.30%, 10/13/26 50,000 45,398
1.70%, 01/11/27 150,000 137,037
2.35%, 03/08/27 100,000 93,931
1.75%, 03/09/27 100,000 91,319
Johnson Controls International plc
3.90%, 02/14/26 (a) 150,000 149,367
L3Harris Technologies, Inc.
3.95%, 05/28/24 (a) 85,000 85,395
3.83%, 04/27/25 (a) 125,000 123,718
3.85%, 12/15/26 (a) 50,000 49,095
Leggett & Platt, Inc.
3.80%, 11/15/24 (a) 75,000 74,477
Legrand France S.A.
8.50%, 02/15/25 70,000 77,502
Lennox International, Inc.
1.35%, 08/01/25 (a) 100,000 91,779
Lockheed Martin Corp.
3.55%, 01/15/26 (a) 200,000 200,376
Martin Marietta Materials, Inc.
4.25%, 07/02/24 (a) 150,000 150,898
Northrop Grumman Corp.
3.25%, 08/01/23 175,000 175,007
2.93%, 01/15/25 (a) 225,000 220,372
3.20%, 02/01/27 (a) 150,000 144,256
Otis Worldwide Corp.
2.06%, 04/05/25 (a) 250,000 236,777
Owens Corning
4.20%, 12/01/24 (a) 125,000 124,876
Parker-Hannifin Corp.
2.70%, 06/14/24 (a) 150,000 146,703
3.25%, 03/01/27 (a) 175,000 167,239
Precision Castparts Corp.
3.25%, 06/15/25 (a) 100,000 99,681
Raytheon Technologies Corp.
3.70%, 12/15/23 (a) 50,000 50,226
3.20%, 03/15/24 (a) 100,000 99,795
3.95%, 08/16/25 (a) 250,000 251,165
2.65%, 11/01/26 (a) 150,000 143,512
3.50%, 03/15/27 (a) 200,000 195,524
3.13%, 05/04/27 (a) 150,000 143,659
Republic Services, Inc.
2.50%, 08/15/24 (a) 170,000 164,859
3.20%, 03/15/25 (a) 130,000 127,932
0.88%, 11/15/25 (a) 100,000 90,356
Rockwell Automation, Inc.
0.35%, 08/15/23 (a) 125,000 121,345
2.88%, 03/01/25 (a) 50,000 49,057
Roper Technologies, Inc.
3.65%, 09/15/23 (a) 125,000 125,190
2.35%, 09/15/24 (a) 75,000 72,802
1.00%, 09/15/25 (a) 125,000 113,093
3.85%, 12/15/25 (a) 75,000 74,579
3.80%, 12/15/26 (a) 125,000 122,445
 
121
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Sonoco Products Co.
2.25%, 02/01/27 (a) 125,000 112,821
Stanley Black & Decker, Inc.
3.40%, 03/01/26 (a) 125,000 123,076
4.00%, 03/15/60 (a)(b) 150,000 131,055
Teledyne Technologies, Inc.
0.95%, 04/01/24 (a) 125,000 118,363
1.60%, 04/01/26 (a) 50,000 44,903
Textron, Inc.
4.30%, 03/01/24 (a) 10,000 10,052
3.88%, 03/01/25 (a) 75,000 74,672
4.00%, 03/15/26 (a) 100,000 98,972
Timken Co.
3.88%, 09/01/24 (a) 75,000 74,403
Trane Technologies Luxembourg Finance S.A.
3.55%, 11/01/24 (a) 150,000 148,251
Vontier Corp.
1.80%, 04/01/26 (a) 100,000 87,768
Vulcan Materials Co.
4.50%, 04/01/25 (a) 75,000 76,184
3.90%, 04/01/27 (a) 100,000 98,611
Waste Management, Inc.
3.13%, 03/01/25 (a) 75,000 74,258
0.75%, 11/15/25 (a) 75,000 68,382
Westinghouse Air Brake Technologies Corp.
4.40%, 03/15/24 (a)(g) 150,000 149,757
3.20%, 06/15/25 (a) 100,000 95,522
3.45%, 11/15/26 (a) 125,000 114,899
WW Grainger, Inc.
1.85%, 02/15/25 (a) 90,000 85,802
Xylem, Inc.
3.25%, 11/01/26 (a) 100,000 96,789
    18,788,700
Communications 4.8%
Activision Blizzard, Inc.
3.40%, 09/15/26 (a) 150,000 147,635
American Tower Corp.
0.60%, 01/15/24 75,000 71,183
5.00%, 02/15/24 200,000 202,556
3.38%, 05/15/24 (a) 100,000 98,559
2.95%, 01/15/25 (a) 150,000 144,902
2.40%, 03/15/25 (a) 175,000 165,452
1.30%, 09/15/25 (a) 200,000 181,082
1.60%, 04/15/26 (a) 200,000 179,338
1.45%, 09/15/26 (a) 100,000 87,605
3.38%, 10/15/26 (a) 200,000 189,280
2.75%, 01/15/27 (a) 200,000 182,942
AT&T, Inc.
0.90%, 03/25/24 (a) 400,000 382,296
1.70%, 03/25/26 (a) 650,000 594,672
3.80%, 02/15/27 (a) 100,000 98,247
4.25%, 03/01/27 (a) 200,000 199,758
2.30%, 06/01/27 (a) 450,000 411,124
Bell Canada
0.75%, 03/17/24 100,000 95,319
British Telecommunications PLC
4.50%, 12/04/23 (a) 200,000 201,142
Charter Communications Operating LLC/Charter Communications Operating Capital
4.50%, 02/01/24 (a) 185,000 186,251
4.91%, 07/23/25 (a) 775,000 777,278
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Comcast Corp.
3.70%, 04/15/24 (a) 400,000 401,288
3.38%, 02/15/25 (a) 175,000 173,796
3.38%, 08/15/25 (a) 150,000 148,311
3.95%, 10/15/25 (a) 550,000 552,948
3.15%, 03/01/26 (a) 450,000 439,101
2.35%, 01/15/27 (a) 250,000 233,347
3.30%, 02/01/27 (a) 250,000 243,210
Crown Castle International Corp.
3.20%, 09/01/24 (a) 150,000 146,973
1.35%, 07/15/25 (a) 100,000 91,423
4.45%, 02/15/26 (a) 200,000 198,290
3.70%, 06/15/26 (a) 50,000 48,332
1.05%, 07/15/26 (a) 250,000 216,972
4.00%, 03/01/27 (a) 100,000 97,149
2.90%, 03/15/27 (a) 150,000 138,918
Discovery Communications LLC
3.80%, 03/13/24 (a) 100,000 99,524
3.90%, 11/15/24 (a) 75,000 73,900
3.95%, 06/15/25 (a) 100,000 97,863
4.90%, 03/11/26 (a) 125,000 125,343
Electronic Arts, Inc.
4.80%, 03/01/26 (a) 75,000 76,745
Fox Corp.
4.03%, 01/25/24 (a) 200,000 200,032
3.05%, 04/07/25 (a) 120,000 116,380
Grupo Televisa S.A.B.
6.63%, 03/18/25 100,000 105,600
Magallanes, Inc.
3.43%, 03/15/24 (d) 200,000 196,084
3.53%, 03/15/24 (a)(d) 100,000 98,029
3.64%, 03/15/25 (d) 300,000 291,282
3.76%, 03/15/27 (a)(d) 700,000 657,167
Omnicom Group, Inc./Omnicom Capital, Inc.
3.65%, 11/01/24 (a) 150,000 148,894
3.60%, 04/15/26 (a) 250,000 243,275
Rogers Communications, Inc.
4.10%, 10/01/23 (a) 200,000 201,100
3.63%, 12/15/25 (a) 100,000 97,974
2.90%, 11/15/26 (a) 125,000 118,235
3.20%, 03/15/27 (a)(d) 250,000 237,402
Take-Two Interactive Software, Inc.
3.30%, 03/28/24 200,000 197,550
3.70%, 04/14/27 (a) 150,000 145,701
TCI Communications, Inc.
7.88%, 02/15/26 50,000 56,241
Telefonica Emisiones S.A.
4.10%, 03/08/27 250,000 245,105
T-Mobile USA, Inc.
3.50%, 04/15/25 (a) 525,000 514,269
1.50%, 02/15/26 (a) 125,000 113,176
3.75%, 04/15/27 (a) 675,000 649,559
TWDC Enterprises 18 Corp.
3.15%, 09/17/25 200,000 196,976
3.00%, 02/13/26 250,000 243,395
1.85%, 07/30/26 200,000 184,966
Verizon Communications, Inc.
0.75%, 03/22/24 150,000 143,108
3.50%, 11/01/24 (a) 175,000 174,811
3.38%, 02/15/25 275,000 273,325
0.85%, 11/20/25 (a) 150,000 136,106
1.45%, 03/20/26 (a) 400,000 366,412
2.63%, 08/15/26 325,000 307,430
4.13%, 03/16/27 450,000 449,185
3.00%, 03/22/27 (a) 200,000 190,240
 
122
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
ViacomCBS, Inc.
4.75%, 05/15/25 (a) 133,000 134,436
4.00%, 01/15/26 (a) 175,000 171,187
Vodafone Group PLC
3.75%, 01/16/24 155,000 155,761
4.13%, 05/30/25 275,000 276,196
Walt Disney Co.
1.75%, 08/30/24 (a) 100,000 96,380
3.70%, 09/15/24 (a) 150,000 150,327
3.35%, 03/24/25 350,000 347,410
3.70%, 10/15/25 (a) 100,000 100,065
1.75%, 01/13/26 150,000 139,901
3.38%, 11/15/26 (a) 100,000 97,872
3.70%, 03/23/27 100,000 99,047
Weibo Corp.
3.50%, 07/05/24 (a) 200,000 194,776
WPP Finance 2010
3.75%, 09/19/24 145,000 141,836
    17,604,257
Consumer Cyclical 7.3%
Alibaba Group Holding Ltd.
3.60%, 11/28/24 (a) 300,000 298,320
Amazon.com, Inc.
0.45%, 05/12/24 400,000 380,872
2.80%, 08/22/24 (a) 350,000 347,042
3.80%, 12/05/24 (a) 225,000 227,844
3.00%, 04/13/25 250,000 248,447
0.80%, 06/03/25 (a) 225,000 209,446
5.20%, 12/03/25 (a) 75,000 78,780
1.00%, 05/12/26 (a) 550,000 500,571
3.30%, 04/13/27 (a) 450,000 441,823
1.20%, 06/03/27 (a) 175,000 155,871
American Honda Finance Corp.
0.88%, 07/07/23 250,000 243,945
3.45%, 07/14/23 125,000 125,126
0.65%, 09/08/23 150,000 145,565
3.63%, 10/10/23 150,000 150,499
3.55%, 01/12/24 100,000 100,191
2.90%, 02/16/24 150,000 148,655
2.40%, 06/27/24 100,000 97,825
0.55%, 07/12/24 250,000 235,327
2.15%, 09/10/24 130,000 126,029
1.20%, 07/08/25 25,000 23,102
1.00%, 09/10/25 150,000 136,805
1.30%, 09/09/26 225,000 203,211
2.30%, 09/09/26 125,000 117,030
2.35%, 01/08/27 150,000 139,773
Aptiv PLC
2.40%, 02/18/25 (a) 125,000 119,521
AutoNation, Inc.
3.50%, 11/15/24 (a) 165,000 160,025
AutoZone, Inc.
3.13%, 04/18/24 (a) 100,000 98,965
3.25%, 04/15/25 (a) 15,000 14,716
3.63%, 04/15/25 (a) 115,000 113,722
3.13%, 04/21/26 (a) 100,000 96,418
3.75%, 06/01/27 (a) 100,000 97,081
Block Financial LLC
5.25%, 10/01/25 (a) 75,000 76,277
Booking Holdings, Inc.
3.65%, 03/15/25 (a) 125,000 125,366
3.60%, 06/01/26 (a) 100,000 98,695
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
BorgWarner, Inc.
3.38%, 03/15/25 (a) 110,000 107,979
CBRE Services, Inc.
4.88%, 03/01/26 (a) 125,000 126,479
Costco Wholesale Corp.
2.75%, 05/18/24 (a) 205,000 203,659
1.38%, 06/20/27 (a) 250,000 224,515
Cummins, Inc.
3.65%, 10/01/23 (a) 15,000 15,078
0.75%, 09/01/25 (a) 150,000 137,324
Darden Restaurants, Inc.
3.85%, 05/01/27 (a) 100,000 96,315
Dollar General Corp.
4.15%, 11/01/25 (a) 75,000 75,190
3.88%, 04/15/27 (a) 125,000 122,778
Dollar Tree, Inc.
4.00%, 05/15/25 (a) 175,000 174,508
DR Horton, Inc.
5.75%, 08/15/23 (a) 65,000 66,260
2.50%, 10/15/24 (a) 100,000 95,631
2.60%, 10/15/25 (a) 90,000 84,806
1.30%, 10/15/26 (a) 100,000 86,446
eBay, Inc.
3.45%, 08/01/24 (a) 145,000 143,695
1.90%, 03/11/25 (a) 150,000 141,143
1.40%, 05/10/26 (a) 125,000 112,524
3.60%, 06/05/27 (a) 150,000 144,366
Expedia Group, Inc.
5.00%, 02/15/26 (a) 125,000 125,150
General Motors Co.
4.88%, 10/02/23 200,000 201,936
4.00%, 04/01/25 130,000 128,422
6.13%, 10/01/25 (a) 250,000 258,600
General Motors Financial Co., Inc.
1.70%, 08/18/23 250,000 244,065
5.10%, 01/17/24 (a) 300,000 303,153
1.05%, 03/08/24 150,000 142,170
3.95%, 04/13/24 (a) 70,000 69,465
1.20%, 10/15/24 150,000 139,586
3.50%, 11/07/24 (a) 150,000 146,723
4.00%, 01/15/25 (a) 200,000 197,424
2.90%, 02/26/25 (a) 225,000 214,909
3.80%, 04/07/25 200,000 195,298
4.35%, 04/09/25 (a) 225,000 222,565
2.75%, 06/20/25 (a) 250,000 235,732
4.30%, 07/13/25 (a) 175,000 172,366
1.25%, 01/08/26 (a) 175,000 153,883
5.25%, 03/01/26 (a) 225,000 225,481
1.50%, 06/10/26 (a) 225,000 196,886
4.00%, 10/06/26 (a) 125,000 119,493
4.35%, 01/17/27 (a) 225,000 216,151
2.35%, 02/26/27 (a) 150,000 132,260
5.00%, 04/09/27 (a) 150,000 147,162
Genuine Parts Co.
1.75%, 02/01/25 (a) 100,000 94,425
GLP Capital LP/GLP Financing II, Inc.
5.38%, 11/01/23 (a) 95,000 95,067
3.35%, 09/01/24 (a) 65,000 62,590
5.25%, 06/01/25 (a) 150,000 147,500
5.38%, 04/15/26 (a) 175,000 171,453
Harley-Davidson, Inc.
3.50%, 07/28/25 (a) 100,000 97,086
Harman International Industries, Inc.
4.15%, 05/15/25 (a) 75,000 75,159
 
123
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Home Depot, Inc.
3.75%, 02/15/24 (a) 40,000 40,363
3.35%, 09/15/25 (a) 225,000 223,729
3.00%, 04/01/26 (a) 200,000 196,442
2.13%, 09/15/26 (a) 250,000 236,767
2.50%, 04/15/27 (a) 250,000 236,877
Honda Motor Co., Ltd.
2.53%, 03/10/27 (a) 200,000 187,444
Hyatt Hotels Corp.
3.38%, 07/15/23 (a) 100,000 97,904
1.80%, 10/01/24 (a) 175,000 165,931
5.63%, 04/23/25 (a) 90,000 91,469
4.85%, 03/15/26 (a) 75,000 74,842
JD.com, Inc.
3.88%, 04/29/26 200,000 196,092
Kohl's Corp.
4.25%, 07/17/25 (a) 75,000 74,062
Lennar Corp.
4.88%, 12/15/23 (a) 75,000 75,757
4.50%, 04/30/24 (a) 125,000 124,930
5.88%, 11/15/24 (a) 75,000 77,044
4.75%, 05/30/25 (a) 75,000 75,334
5.25%, 06/01/26 (a) 50,000 50,542
5.00%, 06/15/27 (a) 50,000 49,614
Lowe's Cos., Inc.
3.88%, 09/15/23 (a) 100,000 100,600
3.13%, 09/15/24 (a) 125,000 123,316
4.00%, 04/15/25 (a) 75,000 75,456
3.38%, 09/15/25 (a) 100,000 98,339
2.50%, 04/15/26 (a) 250,000 236,847
3.35%, 04/01/27 (a) 150,000 144,519
3.10%, 05/03/27 (a) 250,000 237,747
Magna International, Inc.
3.63%, 06/15/24 (a) 175,000 174,291
4.15%, 10/01/25 (a) 100,000 100,443
Marriott International, Inc.
4.15%, 12/01/23 (a) 75,000 75,354
3.60%, 04/15/24 (a) 115,000 114,048
5.75%, 05/01/25 (a) 150,000 155,715
3.75%, 10/01/25 (a) 150,000 147,404
McDonald's Corp.
3.38%, 05/26/25 (a) 50,000 49,587
3.30%, 07/01/25 (a) 225,000 223,254
1.45%, 09/01/25 (a) 50,000 46,629
3.70%, 01/30/26 (a) 350,000 350,115
3.50%, 03/01/27 (a) 150,000 147,014
NIKE, Inc.
2.40%, 03/27/25 (a) 80,000 78,118
2.38%, 11/01/26 (a) 200,000 190,488
2.75%, 03/27/27 (a) 150,000 144,401
O'Reilly Automotive, Inc.
3.55%, 03/15/26 (a) 100,000 98,152
PACCAR Financial Corp.
3.40%, 08/09/23 75,000 75,131
0.35%, 08/11/23 100,000 96,934
0.35%, 02/02/24 100,000 95,448
2.15%, 08/15/24 125,000 121,858
1.80%, 02/06/25 10,000 9,569
1.10%, 05/11/26 50,000 45,292
2.00%, 02/04/27 100,000 92,609
PulteGroup, Inc.
5.50%, 03/01/26 (a) 150,000 152,755
PVH Corp.
4.63%, 07/10/25 (a)(d) 100,000 100,030
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Ralph Lauren Corp.
3.75%, 09/15/25 (a) 100,000 99,722
Ross Stores, Inc.
4.60%, 04/15/25 (a) 145,000 146,843
0.88%, 04/15/26 (a) 50,000 44,330
Starbucks Corp.
3.85%, 10/01/23 (a) 150,000 151,213
3.80%, 08/15/25 (a) 325,000 324,291
Tapestry, Inc.
4.25%, 04/01/25 (a) 75,000 74,956
Target Corp.
3.50%, 07/01/24 190,000 190,644
2.25%, 04/15/25 (a) 300,000 289,992
2.50%, 04/15/26 275,000 264,132
TJX Cos., Inc.
2.25%, 09/15/26 (a) 200,000 187,910
Toll Brothers Finance Corp.
4.88%, 11/15/25 (a) 75,000 73,889
4.88%, 03/15/27 (a) 75,000 71,389
Toyota Motor Corp.
3.42%, 07/20/23 200,000 200,916
0.68%, 03/25/24 (a) 250,000 238,677
1.34%, 03/25/26 (a) 200,000 182,322
Toyota Motor Credit Corp.
0.50%, 08/14/23 350,000 339,832
1.35%, 08/25/23 150,000 146,981
3.45%, 09/20/23 150,000 150,702
3.35%, 01/08/24 125,000 125,181
0.45%, 01/11/24 200,000 191,654
2.90%, 04/17/24 100,000 99,111
0.63%, 09/13/24 300,000 282,048
2.00%, 10/07/24 75,000 72,575
1.45%, 01/13/25 100,000 94,870
1.80%, 02/13/25 225,000 214,850
3.00%, 04/01/25 250,000 246,005
3.40%, 04/14/25 100,000 99,334
0.80%, 10/16/25 225,000 204,910
0.80%, 01/09/26 150,000 135,723
1.13%, 06/18/26 250,000 225,945
1.90%, 01/13/27 150,000 137,841
3.05%, 03/22/27 250,000 240,172
VF Corp.
2.40%, 04/23/25 (a) 150,000 144,216
VICI Properties LP
4.38%, 05/15/25 75,000 73,524
Walgreens Boots Alliance, Inc.
0.95%, 11/17/23 (a) 150,000 144,980
3.80%, 11/18/24 (a) 215,000 213,951
3.45%, 06/01/26 (a) 250,000 243,300
Walmart, Inc.
3.30%, 04/22/24 (a) 225,000 225,819
2.85%, 07/08/24 (a) 200,000 199,062
2.65%, 12/15/24 (a) 115,000 113,809
3.55%, 06/26/25 (a) 200,000 202,018
3.05%, 07/08/26 (a) 50,000 49,627
1.05%, 09/17/26 (a) 300,000 273,519
    26,583,132
Consumer Non-Cyclical 11.7%
Abbott Laboratories
3.40%, 11/30/23 (a) 175,000 175,801
2.95%, 03/15/25 (a) 150,000 148,152
3.88%, 09/15/25 (a) 25,000 25,308
3.75%, 11/30/26 (a) 325,000 327,655
 
124
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
AbbVie, Inc.
3.75%, 11/14/23 (a) 225,000 225,931
3.85%, 06/15/24 (a) 150,000 150,018
2.60%, 11/21/24 (a) 625,000 605,694
3.80%, 03/15/25 (a) 475,000 471,865
3.60%, 05/14/25 (a) 625,000 617,062
3.20%, 05/14/26 (a) 350,000 337,141
2.95%, 11/21/26 (a) 675,000 640,096
Agilent Technologies, Inc.
3.05%, 09/22/26 (a) 75,000 71,684
Altria Group, Inc.
4.00%, 01/31/24 140,000 140,414
3.80%, 02/14/24 (a)(h) 75,000 74,830
2.35%, 05/06/25 (a) 130,000 122,686
4.40%, 02/14/26 (a) 100,000 97,920
2.63%, 09/16/26 (a) 125,000 114,591
AmerisourceBergen Corp.
3.40%, 05/15/24 (a) 125,000 124,013
3.25%, 03/01/25 (a) 20,000 19,590
Amgen, Inc.
2.25%, 08/19/23 (a) 50,000 49,458
3.63%, 05/22/24 (a) 250,000 249,680
1.90%, 02/21/25 (a) 120,000 114,719
3.13%, 05/01/25 (a) 200,000 196,564
2.60%, 08/19/26 (a) 225,000 213,151
2.20%, 02/21/27 (a) 250,000 229,940
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc.
3.65%, 02/01/26 (a) 550,000 541,887
Archer-Daniels-Midland Co.
2.50%, 08/11/26 (a) 200,000 191,660
Astrazeneca Finance LLC
0.70%, 05/28/24 (a) 275,000 261,011
1.20%, 05/28/26 (a) 225,000 203,474
AstraZeneca PLC
3.50%, 08/17/23 (a) 75,000 75,286
3.38%, 11/16/25 350,000 346,752
0.70%, 04/08/26 (a) 200,000 178,316
BAT Capital Corp.
3.22%, 08/15/24 (a) 425,000 413,890
2.79%, 09/06/24 (a) 175,000 169,092
3.22%, 09/06/26 (a) 200,000 186,840
4.70%, 04/02/27 (a) 100,000 97,786
BAT International Finance PLC
1.67%, 03/25/26 (a) 275,000 244,062
Baxalta, Inc.
4.00%, 06/23/25 (a) 150,000 148,947
Baxter International, Inc.
0.87%, 12/01/23 200,000 192,060
1.32%, 11/29/24 100,000 93,955
2.60%, 08/15/26 (a) 200,000 187,534
1.92%, 02/01/27 (a) 250,000 224,102
Becton Dickinson & Co.
3.36%, 06/06/24 (a) 200,000 198,002
3.73%, 12/15/24 (a) 145,000 144,303
3.70%, 06/06/27 (a) 275,000 266,277
Biogen, Inc.
4.05%, 09/15/25 (a) 300,000 297,192
Bio-Rad Laboratories, Inc.
3.30%, 03/15/27 (a) 100,000 94,541
Boston Scientific Corp.
3.45%, 03/01/24 (a) 77,000 76,898
1.90%, 06/01/25 (a) 100,000 94,456
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Bristol-Myers Squibb Co.
3.25%, 11/01/23 125,000 125,306
0.54%, 11/13/23 (a) 150,000 145,054
3.63%, 05/15/24 (a) 75,000 75,422
2.90%, 07/26/24 (a) 425,000 421,366
0.75%, 11/13/25 (a) 200,000 182,464
3.20%, 06/15/26 (a) 325,000 321,035
Brown-Forman Corp.
3.50%, 04/15/25 (a) 75,000 75,073
Brunswick Corp.
0.85%, 08/18/24 (a) 75,000 69,314
Bunge Ltd. Finance Corp.
1.63%, 08/17/25 (a) 100,000 92,185
3.25%, 08/15/26 (a) 150,000 142,776
Campbell Soup Co.
3.95%, 03/15/25 (a) 150,000 149,767
3.30%, 03/19/25 (a) 75,000 73,928
Cardinal Health, Inc.
3.08%, 06/15/24 (a) 125,000 123,084
3.50%, 11/15/24 (a) 70,000 69,447
3.75%, 09/15/25 (a) 100,000 98,937
3.41%, 06/15/27 (a) 150,000 144,379
Cigna Corp.
3.75%, 07/15/23 (a) 217,000 217,286
0.61%, 03/15/24 (a) 100,000 95,269
3.50%, 06/15/24 (a) 125,000 124,436
3.25%, 04/15/25 (a) 25,000 24,534
4.13%, 11/15/25 (a) 375,000 376,245
4.50%, 02/25/26 (a) 225,000 228,170
1.25%, 03/15/26 (a) 100,000 90,310
3.40%, 03/01/27 (a) 250,000 240,445
Coca-Cola Co.
1.75%, 09/06/24 200,000 195,464
3.38%, 03/25/27 200,000 198,300
1.45%, 06/01/27 250,000 226,437
Colgate-Palmolive Co.
3.25%, 03/15/24 100,000 100,175
CommonSpirit Health
1.55%, 10/01/25 (a) 225,000 206,586
Conagra Brands, Inc.
4.30%, 05/01/24 (a) 75,000 75,320
4.60%, 11/01/25 (a) 250,000 251,405
Constellation Brands, Inc.
4.75%, 11/15/24 75,000 76,121
4.40%, 11/15/25 (a) 100,000 100,639
4.75%, 12/01/25 50,000 50,882
3.70%, 12/06/26 (a) 100,000 97,525
3.50%, 05/09/27 (a) 100,000 96,127
4.35%, 05/09/27 (a) 100,000 99,440
CVS Health Corp.
4.00%, 12/05/23 (a) 75,000 75,446
3.38%, 08/12/24 (a) 125,000 124,506
2.63%, 08/15/24 (a) 190,000 185,942
4.10%, 03/25/25 (a) 175,000 176,337
3.88%, 07/20/25 (a) 500,000 498,120
2.88%, 06/01/26 (a) 300,000 286,125
3.00%, 08/15/26 (a) 50,000 47,923
3.63%, 04/01/27 (a) 150,000 146,190
Danaher Corp.
3.35%, 09/15/25 (a) 50,000 49,319
DH Europe Finance II Sarl
2.20%, 11/15/24 (a) 155,000 148,964
 
125
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See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Diageo Capital PLC
2.13%, 10/24/24 (a) 200,000 193,268
1.38%, 09/29/25 (a) 200,000 186,798
Eli Lilly & Co.
2.75%, 06/01/25 (a) 100,000 98,509
5.50%, 03/15/27 100,000 107,708
3.10%, 05/15/27 (a) 75,000 73,108
Estee Lauder Cos., Inc.
2.00%, 12/01/24 (a) 100,000 97,033
General Mills, Inc.
3.65%, 02/15/24 (a) 125,000 125,871
4.00%, 04/17/25 (a) 100,000 100,040
3.20%, 02/10/27 (a) 150,000 144,241
Gilead Sciences, Inc.
2.50%, 09/01/23 (a) 125,000 123,828
0.75%, 09/29/23 (a) 263,000 254,671
3.70%, 04/01/24 (a) 295,000 295,481
3.50%, 02/01/25 (a) 300,000 296,874
3.65%, 03/01/26 (a) 475,000 468,046
2.95%, 03/01/27 (a) 150,000 142,113
GlaxoSmithKline Capital PLC
0.53%, 10/01/23 (a) 225,000 217,548
3.00%, 06/01/24 (a) 175,000 173,652
GlaxoSmithKline Capital, Inc.
3.63%, 05/15/25 175,000 175,623
GSK Consumer Healthcare Capital UK PLC
3.13%, 03/24/25 (d) 250,000 243,972
GSK Consumer Healthcare Capital US LLC
3.02%, 03/24/24 (a)(d) 250,000 246,602
3.38%, 03/24/27 (a)(d) 300,000 287,169
Hasbro, Inc.
3.00%, 11/19/24 (a) 100,000 97,480
3.55%, 11/19/26 (a) 125,000 119,526
HCA, Inc.
5.00%, 03/15/24 350,000 351,662
5.38%, 02/01/25 450,000 449,379
5.25%, 04/15/25 225,000 225,661
5.88%, 02/15/26 (a) 300,000 302,199
5.25%, 06/15/26 (a) 275,000 273,773
5.38%, 09/01/26 (a) 150,000 148,842
4.50%, 02/15/27 (a) 150,000 144,423
3.13%, 03/15/27 (a)(d) 200,000 182,918
Hershey Co.
2.05%, 11/15/24 (a) 150,000 145,941
2.30%, 08/15/26 (a) 100,000 95,075
Hormel Foods Corp.
0.65%, 06/03/24 (a) 200,000 190,632
JM Smucker Co.
3.50%, 03/15/25 200,000 197,474
Johnson & Johnson
3.38%, 12/05/23 75,000 75,503
2.63%, 01/15/25 (a) 145,000 143,376
0.55%, 09/01/25 (a) 175,000 161,569
2.45%, 03/01/26 (a) 375,000 364,702
2.95%, 03/03/27 (a) 175,000 171,208
Kaiser Foundation Hospitals
3.15%, 05/01/27 (a) 100,000 97,352
Kellogg Co.
2.65%, 12/01/23 125,000 123,885
3.25%, 04/01/26 100,000 97,320
Keurig Dr Pepper, Inc.
3.13%, 12/15/23 (a) 100,000 99,821
0.75%, 03/15/24 (a) 200,000 190,620
4.42%, 05/25/25 (a) 100,000 100,980
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.40%, 11/15/25 (a) 100,000 97,802
2.55%, 09/15/26 (a) 75,000 69,913
Kimberly-Clark Corp.
3.05%, 08/15/25 75,000 73,942
2.75%, 02/15/26 100,000 97,351
Kraft Heinz Foods Co.
3.00%, 06/01/26 (a) 350,000 330,872
3.88%, 05/15/27 (a) 225,000 217,836
Kroger Co.
3.85%, 08/01/23 (a) 125,000 125,584
4.00%, 02/01/24 (a) 110,000 110,666
3.50%, 02/01/26 (a) 50,000 49,258
2.65%, 10/15/26 (a) 150,000 140,642
Laboratory Corp. of America Holdings
4.00%, 11/01/23 (a) 75,000 75,410
3.25%, 09/01/24 (a) 100,000 98,582
2.30%, 12/01/24 (a) 50,000 47,904
3.60%, 02/01/25 (a) 200,000 197,222
1.55%, 06/01/26 (a) 50,000 44,812
McCormick & Co., Inc.
3.15%, 08/15/24 (a) 125,000 122,715
0.90%, 02/15/26 (a) 100,000 88,782
McKesson Corp.
3.80%, 03/15/24 (a) 175,000 175,464
0.90%, 12/03/25 (a) 50,000 45,064
1.30%, 08/15/26 (a) 100,000 89,169
Mead Johnson Nutrition Co.
4.13%, 11/15/25 (a) 150,000 151,087
Merck & Co., Inc.
2.90%, 03/07/24 (a) 145,000 144,314
2.75%, 02/10/25 (a) 420,000 414,704
0.75%, 02/24/26 (a) 175,000 158,779
1.70%, 06/10/27 (a) 150,000 136,433
Molson Coors Beverage Co.
3.00%, 07/15/26 (a) 350,000 329,602
Mondelez International, Inc.
1.50%, 05/04/25 (a) 175,000 163,583
2.63%, 03/17/27 (a) 150,000 140,483
Mylan, Inc.
4.20%, 11/29/23 (a) 100,000 99,772
Novartis Capital Corp.
3.40%, 05/06/24 400,000 401,996
1.75%, 02/14/25 (a) 35,000 33,793
3.00%, 11/20/25 (a) 325,000 320,840
2.00%, 02/14/27 (a) 325,000 302,721
PeaceHealth Obligated Group
1.38%, 11/15/25 (a) 75,000 69,188
PepsiCo, Inc.
0.40%, 10/07/23 150,000 145,548
3.60%, 03/01/24 (a) 225,000 226,483
2.25%, 03/19/25 (a) 275,000 267,913
2.75%, 04/30/25 (a) 225,000 221,742
3.50%, 07/17/25 (a) 100,000 100,502
2.85%, 02/24/26 (a) 125,000 122,888
2.38%, 10/06/26 (a) 125,000 120,138
PerkinElmer, Inc.
0.55%, 09/15/23 (a) 100,000 96,372
0.85%, 09/15/24 (a) 150,000 139,289
Pfizer, Inc.
3.20%, 09/15/23 (a) 200,000 200,614
2.95%, 03/15/24 (a) 150,000 149,392
3.40%, 05/15/24 100,000 100,598
0.80%, 05/28/25 (a) 150,000 140,004
 
126
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See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.75%, 06/03/26 250,000 243,782
3.00%, 12/15/26 250,000 244,675
Philip Morris International, Inc.
3.60%, 11/15/23 100,000 100,516
2.88%, 05/01/24 (a) 65,000 64,277
3.25%, 11/10/24 130,000 128,466
1.50%, 05/01/25 (a) 125,000 117,104
3.38%, 08/11/25 (a) 75,000 73,887
2.75%, 02/25/26 (a) 150,000 143,393
0.88%, 05/01/26 (a) 150,000 132,947
Procter & Gamble Co.
3.10%, 08/15/23 100,000 100,623
0.55%, 10/29/25 225,000 207,245
2.70%, 02/02/26 100,000 98,362
1.00%, 04/23/26 150,000 138,018
2.45%, 11/03/26 200,000 192,596
2.80%, 03/25/27 100,000 96,851
Quest Diagnostics, Inc.
4.25%, 04/01/24 (a) 50,000 50,304
3.50%, 03/30/25 (a) 200,000 196,894
3.45%, 06/01/26 (a) 100,000 97,495
Reynolds American, Inc.
4.85%, 09/15/23 105,000 106,062
4.45%, 06/12/25 (a) 375,000 373,691
Royalty Pharma PLC
0.75%, 09/02/23 175,000 168,539
1.20%, 09/02/25 (a) 175,000 156,830
Shire Acquisitions Investments Ireland DAC
2.88%, 09/23/23 (a) 170,000 168,186
3.20%, 09/23/26 (a) 525,000 504,241
Stryker Corp.
0.60%, 12/01/23 (a) 100,000 95,943
3.38%, 05/15/24 (a) 100,000 99,513
1.15%, 06/15/25 (a) 125,000 115,549
3.38%, 11/01/25 (a) 125,000 122,570
3.50%, 03/15/26 (a) 175,000 171,782
Sutter Health
1.32%, 08/15/25 (a) 75,000 69,380
Sysco Corp.
3.75%, 10/01/25 (a) 125,000 124,704
3.30%, 07/15/26 (a) 200,000 193,692
Takeda Pharmaceutical Co., Ltd.
4.40%, 11/26/23 (a) 200,000 201,528
The Procter & Gamble Co.
1.90%, 02/01/27 150,000 141,179
Thermo Fisher Scientific, Inc.
0.80%, 10/18/23 (a) 200,000 194,128
1.22%, 10/18/24 (a) 500,000 474,375
Tyson Foods, Inc.
3.90%, 09/28/23 (a) 50,000 50,176
3.95%, 08/15/24 (a) 250,000 249,802
4.00%, 03/01/26 (a) 150,000 148,959
3.55%, 06/02/27 (a) 200,000 191,820
Unilever Capital Corp.
0.38%, 09/14/23 100,000 96,870
3.25%, 03/07/24 (a) 100,000 100,122
2.60%, 05/05/24 (a) 150,000 147,855
3.38%, 03/22/25 (a) 150,000 149,707
2.00%, 07/28/26 150,000 141,372
2.90%, 05/05/27 (a) 175,000 168,175
Universal Health Services, Inc.
1.65%, 09/01/26 (a)(d) 125,000 108,460
UPMC
3.60%, 04/03/25 160,000 159,010
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Utah Acquisition Sub, Inc.
3.95%, 06/15/26 (a) 375,000 353,861
Viatris, Inc.
1.65%, 06/22/25 (a) 125,000 113,409
2.30%, 06/22/27 (a) 150,000 128,882
Whirlpool Corp.
4.00%, 03/01/24 10,000 10,076
3.70%, 05/01/25 100,000 99,890
Wyeth LLC
6.45%, 02/01/24 150,000 157,015
Zimmer Biomet Holdings, Inc.
3.55%, 04/01/25 (a) 325,000 320,957
Zoetis, Inc.
4.50%, 11/13/25 (a) 100,000 101,561
    42,400,361
Energy 6.0%
Baker Hughes Holdings LLC
2.06%, 12/15/26 (a) 150,000 137,954
Boardwalk Pipelines LP
4.95%, 12/15/24 (a) 75,000 75,633
5.95%, 06/01/26 (a) 100,000 103,759
BP Capital Markets America, Inc.
3.79%, 02/06/24 (a) 190,000 190,963
3.19%, 04/06/25 (a) 130,000 128,522
3.80%, 09/21/25 (a) 175,000 175,560
3.41%, 02/11/26 (a) 100,000 98,185
3.12%, 05/04/26 (a) 150,000 145,278
3.02%, 01/16/27 (a) 175,000 167,073
3.54%, 04/06/27 (a) 100,000 97,429
3.59%, 04/14/27 (a) 100,000 97,585
Canadian Natural Resources Ltd.
3.80%, 04/15/24 (a) 100,000 99,393
3.90%, 02/01/25 (a) 100,000 99,163
2.05%, 07/15/25 (a) 125,000 117,126
3.85%, 06/01/27 (a) 150,000 144,140
Cenovus Energy, Inc.
5.38%, 07/15/25 (a) 150,000 154,646
4.25%, 04/15/27 (a) 150,000 147,410
Cheniere Corpus Christi Holdings LLC
7.00%, 06/30/24 (a) 225,000 233,444
5.88%, 03/31/25 (a) 250,000 256,155
5.13%, 06/30/27 (a) 300,000 301,383
Chevron Corp.
2.90%, 03/03/24 (a) 200,000 199,462
1.55%, 05/11/25 (a) 450,000 426,829
3.33%, 11/17/25 (a) 150,000 149,480
2.95%, 05/16/26 (a) 400,000 390,980
2.00%, 05/11/27 (a) 100,000 92,236
Chevron USA, Inc.
0.43%, 08/11/23 100,000 97,310
3.90%, 11/15/24 (a) 95,000 95,990
0.69%, 08/12/25 (a) 100,000 92,079
Columbia Pipeline Group, Inc.
4.50%, 06/01/25 (a) 175,000 176,783
ConocoPhillips Co.
2.40%, 03/07/25 (a) 175,000 169,001
Continental Resources, Inc.
3.80%, 06/01/24 (a) 175,000 173,477
Coterra Energy, Inc.
4.38%, 06/01/24 (a)(d) 150,000 150,033
 
127
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Devon Energy Corp.
5.25%, 09/15/24 (a)(d) 100,000 102,163
5.85%, 12/15/25 (a) 100,000 104,338
Diamondback Energy, Inc.
3.25%, 12/01/26 (a) 100,000 97,706
Eastern Energy Gas Holdings LLC
3.55%, 11/01/23 (a) 75,000 74,938
2.50%, 11/15/24 (a) 95,000 91,847
3.60%, 12/15/24 (a) 61,000 60,578
Enable Midstream Partners LP
3.90%, 05/15/24 (a) 100,000 98,989
Enbridge Energy Partners LP
5.88%, 10/15/25 (a) 75,000 78,503
Enbridge, Inc.
4.00%, 10/01/23 (a) 150,000 150,441
3.50%, 06/10/24 (a) 150,000 148,515
2.50%, 01/15/25 (a) 25,000 24,068
1.60%, 10/04/26 (a) 175,000 156,093
4.25%, 12/01/26 (a) 200,000 198,096
Energy Transfer LP
3.90%, 07/15/26 (a) 100,000 96,355
Energy Transfer Operating LP
4.20%, 09/15/23 (a) 100,000 100,150
5.88%, 01/15/24 (a) 200,000 203,928
4.90%, 02/01/24 (a) 70,000 70,613
4.50%, 04/15/24 (a) 120,000 120,158
4.05%, 03/15/25 (a) 175,000 172,568
2.90%, 05/15/25 (a) 175,000 166,642
4.75%, 01/15/26 (a) 150,000 149,759
4.40%, 03/15/27 (a) 150,000 144,986
4.20%, 04/15/27 (a) 100,000 96,288
5.50%, 06/01/27 (a) 200,000 203,200
Energy Transfer Partners LP/Regency Energy Finance Corp.
4.50%, 11/01/23 (a) 50,000 50,250
Enterprise Products Operating LLC
3.90%, 02/15/24 (a) 175,000 174,870
3.75%, 02/15/25 (a) 185,000 183,268
3.70%, 02/15/26 (a) 200,000 196,876
EOG Resources, Inc.
3.15%, 04/01/25 (a) 125,000 123,095
4.15%, 01/15/26 (a) 100,000 100,943
EQT Corp.
6.63%, 02/01/25 (a)(g) 175,000 180,500
Exxon Mobil Corp.
3.18%, 03/15/24 (a) 165,000 165,193
2.02%, 08/16/24 (a) 130,000 126,958
2.71%, 03/06/25 (a) 300,000 294,072
2.99%, 03/19/25 (a) 455,000 448,707
3.04%, 03/01/26 (a) 400,000 392,892
2.28%, 08/16/26 (a) 200,000 190,054
3.29%, 03/19/27 (a) 175,000 172,410
Halliburton Co.
3.50%, 08/01/23 (a) 110,000 110,162
3.80%, 11/15/25 (a) 95,000 94,210
Hess Corp.
3.50%, 07/15/24 (a) 75,000 73,884
4.30%, 04/01/27 (a) 200,000 195,300
HF Sinclair Corp.
2.63%, 10/01/23 (d) 25,000 24,309
5.88%, 04/01/26 (a)(d) 150,000 151,674
Kinder Morgan Energy Partners LP
3.50%, 09/01/23 (a) 125,000 124,684
4.15%, 02/01/24 (a) 150,000 150,093
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.30%, 05/01/24 (a) 100,000 100,222
4.25%, 09/01/24 (a) 50,000 50,069
Kinder Morgan, Inc.
4.30%, 06/01/25 (a) 325,000 324,148
1.75%, 11/15/26 (a) 75,000 66,575
Magellan Midstream Partners LP
5.00%, 03/01/26 (a) 150,000 153,237
Marathon Petroleum Corp.
3.63%, 09/15/24 (a) 150,000 148,743
4.70%, 05/01/25 (a) 225,000 228,064
5.13%, 12/15/26 (a) 100,000 102,662
MPLX LP
4.50%, 07/15/23 (a) 185,000 185,475
4.88%, 12/01/24 (a) 225,000 226,813
4.00%, 02/15/25 (a) 20,000 19,737
4.88%, 06/01/25 (a) 200,000 201,220
1.75%, 03/01/26 (a) 275,000 248,185
4.13%, 03/01/27 (a) 200,000 193,660
National Fuel Gas Co.
5.20%, 07/15/25 (a) 125,000 126,574
5.50%, 01/15/26 (a) 50,000 50,220
Northwest Pipeline LLC
4.00%, 04/01/27 (a) 100,000 97,942
ONEOK Partners LP
5.00%, 09/15/23 (a) 75,000 75,816
4.90%, 03/15/25 (a) 100,000 100,963
ONEOK, Inc.
7.50%, 09/01/23 (a) 15,000 15,514
2.75%, 09/01/24 (a) 95,000 92,041
2.20%, 09/15/25 (a) 75,000 70,001
5.85%, 01/15/26 (a) 120,000 124,478
Ovintiv Exploration, Inc.
5.38%, 01/01/26 (a) 125,000 126,660
Phillips 66
3.85%, 04/09/25 (a) 175,000 174,254
1.30%, 02/15/26 (a) 50,000 45,089
Phillips 66 Co.
3.55%, 10/01/26 (a) 100,000 97,418
Phillips 66 Partners LP
3.61%, 02/15/25 (a)(d) 70,000 69,271
Pioneer Natural Resources Co.
1.13%, 01/15/26 (a) 200,000 178,970
Plains All American Pipeline LP/PAA Finance Corp.
3.85%, 10/15/23 (a) 130,000 129,507
3.60%, 11/01/24 (a) 155,000 151,895
4.65%, 10/15/25 (a) 175,000 173,887
4.50%, 12/15/26 (a) 100,000 98,323
Sabine Pass Liquefaction LLC
5.75%, 05/15/24 (a) 250,000 255,180
5.63%, 03/01/25 (a) 350,000 357,836
5.88%, 06/30/26 (a) 250,000 258,335
5.00%, 03/15/27 (a) 250,000 251,305
Schlumberger Finance Canada Ltd.
1.40%, 09/17/25 (a) 50,000 46,582
Schlumberger Investment S.A.
3.65%, 12/01/23 (a) 290,000 291,317
Shell International Finance BV
0.38%, 09/15/23 175,000 169,554
3.50%, 11/13/23 (a) 175,000 176,188
2.00%, 11/07/24 (a) 175,000 170,163
3.25%, 05/11/25 475,000 470,521
2.88%, 05/10/26 300,000 290,499
2.50%, 09/12/26 175,000 166,416
 
128
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Spectra Energy Partners LP
4.75%, 03/15/24 (a) 250,000 252,287
3.50%, 03/15/25 (a) 125,000 122,595
Sunoco Logistics Partners Operations LP
4.25%, 04/01/24 (a) 15,000 14,967
5.95%, 12/01/25 (a) 75,000 77,788
TC PipeLines LP
3.90%, 05/25/27 (a) 100,000 98,295
TotalEnergies Capital Canada Ltd.
2.75%, 07/15/23 175,000 173,771
TotalEnergies Capital International S.A.
3.70%, 01/15/24 195,000 195,604
3.75%, 04/10/24 225,000 225,810
2.43%, 01/10/25 (a) 100,000 97,261
TransCanada PipeLines Ltd.
3.75%, 10/16/23 (a) 200,000 200,232
4.88%, 01/15/26 (a) 200,000 203,288
Transcontinental Gas Pipe Line Co. LLC
7.85%, 02/01/26 (a) 75,000 82,845
Valero Energy Corp.
2.85%, 04/15/25 (a) 58,000 56,105
3.40%, 09/15/26 (a) 125,000 120,596
Williams Cos., Inc.
4.50%, 11/15/23 (a) 100,000 100,729
4.30%, 03/04/24 (a) 200,000 200,954
4.55%, 06/24/24 (a) 219,000 221,107
3.90%, 01/15/25 (a) 175,000 173,099
4.00%, 09/15/25 (a) 150,000 148,025
3.75%, 06/15/27 (a) 200,000 191,446
    21,928,120
Industrial Other 0.1%
Cintas Corp. No. 2
3.70%, 04/01/27 (a) 225,000 222,424
Yale University
0.87%, 04/15/25 (a) 100,000 94,001
    316,425
Technology 10.0%
Adobe, Inc.
1.90%, 02/01/25 (a) 70,000 67,476
3.25%, 02/01/25 (a) 200,000 199,264
Alphabet, Inc.
3.38%, 02/25/24 135,000 135,797
0.45%, 08/15/25 (a) 175,000 161,186
2.00%, 08/15/26 (a) 350,000 331,898
Analog Devices, Inc.
2.95%, 04/01/25 (a) 75,000 73,564
3.50%, 12/05/26 (a) 150,000 148,337
Apple Inc.
3.00%, 02/09/24 (a) 250,000 249,612
3.45%, 05/06/24 375,000 376,946
2.85%, 05/11/24 (a) 350,000 348,029
1.80%, 09/11/24 (a) 170,000 164,829
2.75%, 01/13/25 (a) 210,000 207,740
2.50%, 02/09/25 150,000 147,240
1.13%, 05/11/25 (a) 325,000 305,779
3.20%, 05/13/25 375,000 375,090
0.55%, 08/20/25 (a) 250,000 229,682
0.70%, 02/08/26 (a) 300,000 273,405
3.25%, 02/23/26 (a) 525,000 521,304
2.45%, 08/04/26 (a) 400,000 384,056
2.05%, 09/11/26 (a) 375,000 353,591
3.35%, 02/09/27 (a) 450,000 447,246
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.20%, 05/11/27 (a) 350,000 345,037
3.00%, 06/20/27 (a) 150,000 146,801
Applied Materials, Inc.
3.90%, 10/01/25 (a) 125,000 126,370
3.30%, 04/01/27 (a) 225,000 220,259
Arrow Electronics, Inc.
3.25%, 09/08/24 (a) 100,000 97,894
4.00%, 04/01/25 (a) 75,000 74,313
Autodesk, Inc.
4.38%, 06/15/25 (a) 75,000 75,849
Automatic Data Processing, Inc.
3.38%, 09/15/25 (a) 175,000 175,140
Avnet, Inc.
4.63%, 04/15/26 (a) 125,000 125,725
Baidu, Inc.
3.88%, 09/29/23 (a) 200,000 200,834
4.38%, 05/14/24 (a) 250,000 251,960
4.13%, 06/30/25 200,000 199,856
Broadcom Corp./Broadcom Cayman Finance Ltd.
3.63%, 01/15/24 (a) 115,000 114,945
3.13%, 01/15/25 (a) 115,000 112,373
3.88%, 01/15/27 (a) 350,000 337,659
Broadcom, Inc.
3.63%, 10/15/24 (a) 100,000 99,053
3.15%, 11/15/25 (a) 280,000 269,965
3.46%, 09/15/26 (a) 200,000 192,122
Broadridge Financial Solutions, Inc.
3.40%, 06/27/26 (a) 100,000 96,776
CDW LLC/CDW Finance Corp.
5.50%, 12/01/24 (a) 100,000 100,534
4.13%, 05/01/25 (a) 125,000 121,698
2.67%, 12/01/26 (a) 175,000 156,545
CGI, Inc.
1.45%, 09/14/26 (a) 125,000 110,419
Cisco Systems, Inc.
2.20%, 09/20/23 (a) 100,000 99,147
3.63%, 03/04/24 175,000 176,477
3.50%, 06/15/25 100,000 100,806
2.95%, 02/28/26 125,000 123,089
2.50%, 09/20/26 (a) 275,000 264,434
Citrix Systems, Inc.
1.25%, 03/01/26 (a) 150,000 145,079
Dell International LLC/EMC Corp.
4.00%, 07/15/24 (a) 100,000 99,758
5.85%, 07/15/25 (a) 175,000 180,750
6.02%, 06/15/26 (a) 775,000 804,078
4.90%, 10/01/26 (a) 300,000 300,477
DXC Technology Co.
1.80%, 09/15/26 (a) 150,000 133,140
Equifax, Inc.
2.60%, 12/01/24 (a) 125,000 120,691
2.60%, 12/15/25 (a) 75,000 70,764
Equinix, Inc.
2.63%, 11/18/24 (a) 145,000 139,291
1.25%, 07/15/25 (a) 100,000 90,943
1.00%, 09/15/25 (a) 125,000 112,206
1.45%, 05/15/26 (a) 125,000 111,300
2.90%, 11/18/26 (a) 125,000 116,179
Fidelity National Information Services, Inc.
0.60%, 03/01/24 125,000 118,381
1.15%, 03/01/26 (a) 225,000 199,703
Fiserv, Inc.
3.80%, 10/01/23 (a) 145,000 145,380
2.75%, 07/01/24 (a) 350,000 341,726
 
129
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See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.85%, 06/01/25 (a) 175,000 173,388
3.20%, 07/01/26 (a) 325,000 308,831
2.25%, 06/01/27 (a) 150,000 134,388
Flex Ltd.
4.75%, 06/15/25 (a) 100,000 100,653
3.75%, 02/01/26 (a) 125,000 119,655
Fortinet, Inc.
1.00%, 03/15/26 (a) 125,000 110,316
Genpact Luxembourg SARL/Genpact USA, Inc.
1.75%, 04/10/26 (a)(g) 150,000 136,538
Global Payments, Inc.
1.50%, 11/15/24 (a) 100,000 93,841
2.65%, 02/15/25 (a) 150,000 143,139
1.20%, 03/01/26 (a) 150,000 132,402
4.80%, 04/01/26 (a) 125,000 125,156
2.15%, 01/15/27 (a) 175,000 155,230
Hewlett Packard Enterprise Co.
4.45%, 10/02/23 (a) 125,000 126,120
1.45%, 04/01/24 (a) 175,000 168,578
4.90%, 10/15/25 (a) 425,000 432,807
1.75%, 04/01/26 (a) 150,000 137,234
HP, Inc.
2.20%, 06/17/25 (a) 150,000 141,794
1.45%, 06/17/26 (a) 150,000 132,938
3.00%, 06/17/27 (a) 150,000 138,720
Intel Corp.
2.88%, 05/11/24 (a) 300,000 299,199
3.40%, 03/25/25 (a) 350,000 349,377
3.70%, 07/29/25 (a) 475,000 477,646
2.60%, 05/19/26 (a) 150,000 145,299
3.75%, 03/25/27 (a) 100,000 100,506
3.15%, 05/11/27 (a) 150,000 146,775
International Business Machines Corp.
3.38%, 08/01/23 290,000 290,687
3.63%, 02/12/24 350,000 351,169
3.00%, 05/15/24 550,000 545,814
7.00%, 10/30/25 175,000 192,318
3.45%, 02/19/26 225,000 222,259
3.30%, 05/15/26 500,000 488,540
1.70%, 05/15/27 (a) 200,000 180,080
Intuit, Inc.
0.65%, 07/15/23 100,000 97,189
0.95%, 07/15/25 (a) 100,000 92,297
Jabil, Inc.
1.70%, 04/15/26 (a) 125,000 112,036
4.25%, 05/15/27 (a) 75,000 72,866
Juniper Networks, Inc.
1.20%, 12/10/25 (a) 75,000 67,215
Keysight Technologies, Inc.
4.55%, 10/30/24 (a) 125,000 126,984
4.60%, 04/06/27 (a) 100,000 100,611
KLA Corp.
4.65%, 11/01/24 (a) 225,000 228,690
Kyndryl Holdings, Inc.
2.05%, 10/15/26 (a)(d) 150,000 127,049
Lam Research Corp.
3.80%, 03/15/25 (a) 65,000 65,074
3.75%, 03/15/26 (a) 150,000 149,883
Leidos, Inc.
3.63%, 05/15/25 (a) 60,000 58,847
Marvell Technology, Inc.
1.65%, 04/15/26 (a) 100,000 89,743
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Mastercard, Inc.
3.38%, 04/01/24 100,000 100,229
2.00%, 03/03/25 (a) 175,000 168,907
2.95%, 11/21/26 (a) 100,000 97,608
3.30%, 03/26/27 (a) 175,000 172,233
Microchip Technology, Inc.
2.67%, 09/01/23 175,000 172,093
0.97%, 02/15/24 250,000 237,662
4.25%, 09/01/25 (a) 200,000 195,624
Micron Technology, Inc.
4.98%, 02/06/26 (a) 100,000 101,148
4.19%, 02/15/27 (a) 175,000 171,201
Microsoft Corp.
2.00%, 08/08/23 (a) 270,000 267,349
3.63%, 12/15/23 (a) 275,000 277,777
2.88%, 02/06/24 (a) 320,000 319,709
2.70%, 02/12/25 (a) 415,000 412,053
3.13%, 11/03/25 (a) 500,000 499,780
2.40%, 08/08/26 (a) 600,000 578,730
3.30%, 02/06/27 (a) 700,000 698,495
Moody's Corp.
4.88%, 02/15/24 (a) 75,000 76,454
3.75%, 03/24/25 (a) 100,000 99,928
Motorola Solutions, Inc.
4.00%, 09/01/24 125,000 124,733
NetApp, Inc.
3.30%, 09/29/24 (a) 115,000 113,173
1.88%, 06/22/25 (a) 100,000 93,308
NVIDIA Corp.
0.58%, 06/14/24 (a) 200,000 189,836
3.20%, 09/16/26 (a) 175,000 173,688
NXP BV / NXP Funding LLC / NXP USA, Inc.
4.40%, 06/01/27 (a) 200,000 197,818
NXP BV/NXP Funding LLC
4.88%, 03/01/24 (a) 200,000 202,146
5.35%, 03/01/26 (a) 25,000 25,558
NXP BV/NXP Funding LLC/NXP USA, Inc.
2.70%, 05/01/25 (a) 100,000 95,374
3.88%, 06/18/26 (a) 175,000 168,847
Oracle Corp.
2.40%, 09/15/23 (a) 425,000 418,625
3.40%, 07/08/24 (a) 350,000 345,565
2.95%, 11/15/24 (a) 350,000 339,899
2.50%, 04/01/25 (a) 585,000 555,914
2.95%, 05/15/25 (a) 425,000 407,639
1.65%, 03/25/26 (a) 375,000 336,052
2.65%, 07/15/26 (a) 500,000 461,395
2.80%, 04/01/27 (a) 350,000 319,805
PayPal Holdings, Inc.
2.40%, 10/01/24 (a) 200,000 195,288
1.65%, 06/01/25 (a) 175,000 165,125
2.65%, 10/01/26 (a) 225,000 213,554
QUALCOMM, Inc.
2.90%, 05/20/24 (a) 150,000 149,337
3.45%, 05/20/25 (a) 250,000 249,997
3.25%, 05/20/27 (a) 350,000 342,555
S&P Global, Inc.
2.95%, 01/22/27 (a) 75,000 72,196
2.45%, 03/01/27 (a)(d) 225,000 210,784
salesforce.com, Inc.
0.63%, 07/15/24 (a) 100,000 94,729
Skyworks Solutions, Inc.
1.80%, 06/01/26 (a) 100,000 88,774
 
130
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
SYNNEX Corp.
1.25%, 08/09/24 (a)(d) 150,000 140,007
1.75%, 08/09/26 (a)(d) 100,000 88,326
Texas Instruments, Inc.
2.63%, 05/15/24 (a) 50,000 49,563
1.38%, 03/12/25 (a) 150,000 142,170
1.13%, 09/15/26 (a) 100,000 91,126
Thomson Reuters Corp.
4.30%, 11/23/23 (a) 110,000 110,946
3.35%, 05/15/26 (a) 100,000 97,208
Trimble, Inc.
4.75%, 12/01/24 (a) 70,000 70,488
TSMC Arizona Corp.
1.75%, 10/25/26 (a) 200,000 183,776
3.88%, 04/22/27 (a) 200,000 199,490
Tyco Electronics Group S.A.
3.70%, 02/15/26 (a) 100,000 99,826
VeriSign, Inc.
5.25%, 04/01/25 (a) 100,000 101,072
Verisk Analytics, Inc.
4.00%, 06/15/25 (a) 150,000 148,946
Visa, Inc.
3.15%, 12/14/25 (a) 675,000 666,576
1.90%, 04/15/27 (a) 200,000 184,678
VMware, Inc.
0.60%, 08/15/23 200,000 193,378
4.50%, 05/15/25 (a) 175,000 175,922
1.40%, 08/15/26 (a) 375,000 332,209
Western Digital Corp.
4.75%, 02/15/26 (a) 425,000 407,248
Western Union Co.
2.85%, 01/10/25 (a) 100,000 96,126
1.35%, 03/15/26 (a) 125,000 111,690
Workday, Inc.
3.50%, 04/01/27 (a) 150,000 143,885
Xilinx, Inc.
2.95%, 06/01/24 (a) 100,000 99,333
    36,370,561
Transportation 1.5%
BNSF Funding Trust I
6.61%, 12/15/55 (a)(b) 75,000 73,907
Burlington Northern Santa Fe LLC
3.85%, 09/01/23 (a) 150,000 150,930
3.75%, 04/01/24 (a) 152,000 153,066
3.00%, 04/01/25 (a) 100,000 99,277
3.65%, 09/01/25 (a) 50,000 50,326
7.00%, 12/15/25 50,000 55,465
Canadian National Railway Co.
2.95%, 11/21/24 (a) 75,000 73,853
2.75%, 03/01/26 (a) 75,000 72,087
Canadian Pacific Railway Co.
1.35%, 12/02/24 (a) 275,000 259,435
2.90%, 02/01/25 (a) 140,000 136,016
1.75%, 12/02/26 (a) 175,000 158,553
Continental Airlines 2012-1 Class A Pass-Through Trust
4.15%, 10/11/25 122,547 119,287
Continental Airlines 2012-2 Class A Pass-Through Trust
4.00%, 04/29/26 144,068 137,405
CSX Corp.
3.40%, 08/01/24 (a) 75,000 74,679
3.35%, 11/01/25 (a) 150,000 147,510
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.60%, 11/01/26 (a) 100,000 94,201
3.25%, 06/01/27 (a) 150,000 144,117
Delta Air Lines 2019-1 Class AA Pass-Through Trust
3.20%, 10/25/25 75,000 72,474
FedEx Corp.
3.25%, 04/01/26 (a) 150,000 147,354
GXO Logistics, Inc.
1.65%, 07/15/26 (a) 75,000 65,475
JB Hunt Transport Services, Inc.
3.88%, 03/01/26 (a) 150,000 148,447
Norfolk Southern Corp.
3.85%, 01/15/24 (a) 25,000 25,096
3.65%, 08/01/25 (a) 50,000 49,763
2.90%, 06/15/26 (a) 150,000 143,772
Ryder System, Inc.
3.88%, 12/01/23 (a) 50,000 49,969
2.50%, 09/01/24 (a) 120,000 115,576
4.63%, 06/01/25 (a) 100,000 100,815
3.35%, 09/01/25 (a) 90,000 87,081
1.75%, 09/01/26 (a) 25,000 22,665
2.90%, 12/01/26 (a) 100,000 93,248
2.85%, 03/01/27 (a) 75,000 69,675
Southwest Airlines Co.
5.25%, 05/04/25 (a) 280,000 285,947
3.00%, 11/15/26 (a) 50,000 46,815
5.13%, 06/15/27 (a) 400,000 403,780
Union Pacific Corp.
3.65%, 02/15/24 (a) 90,000 90,215
3.15%, 03/01/24 (a) 95,000 94,431
3.25%, 01/15/25 (a) 15,000 14,929
3.75%, 07/15/25 (a) 75,000 75,085
3.25%, 08/15/25 (a) 100,000 98,618
2.75%, 03/01/26 (a) 150,000 144,150
2.15%, 02/05/27 (a) 100,000 92,931
3.00%, 04/15/27 (a) 150,000 144,477
United Airlines 2013-1 Class A Pass-Through Trust
4.30%, 02/15/27 109,906 105,462
United Airlines 2020-1 Class B Pass-Through Trust
4.88%, 07/15/27 103,750 98,421
United Parcel Service, Inc.
2.20%, 09/01/24 (a) 100,000 97,650
3.90%, 04/01/25 (a) 200,000 201,746
2.40%, 11/15/26 (a) 100,000 95,135
    5,281,316
    174,868,828
 
Utility 5.1%
Electric 4.6%
AES Corp.
1.38%, 01/15/26 (a) 200,000 176,558
Alabama Power Co.
3.55%, 12/01/23 20,000 20,109
Ameren Corp.
2.50%, 09/15/24 (a) 125,000 121,402
3.65%, 02/15/26 (a) 75,000 73,753
1.95%, 03/15/27 (a) 200,000 179,658
Ameren Illinois Co.
3.25%, 03/01/25 (a) 25,000 24,725
American Electric Power Co., Inc.
0.75%, 11/01/23 (a) 100,000 96,258
1.00%, 11/01/25 (a) 150,000 135,058
3.88%, 02/15/62 (a)(b) 125,000 97,649
 
131
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Appalachian Power Co.
3.40%, 06/01/25 (a) 125,000 123,439
Arizona Public Service Co.
3.15%, 05/15/25 (a) 75,000 73,650
Avangrid, Inc.
3.15%, 12/01/24 (a) 160,000 156,578
3.20%, 04/15/25 (a) 125,000 121,549
Baltimore Gas & Electric Co.
3.35%, 07/01/23 (a) 75,000 74,773
Berkshire Hathaway Energy Co.
3.75%, 11/15/23 (a) 50,000 50,326
3.50%, 02/01/25 (a) 30,000 30,023
4.05%, 04/15/25 (a) 200,000 201,870
Black Hills Corp.
4.25%, 11/30/23 (a) 165,000 165,640
3.95%, 01/15/26 (a) 50,000 49,691
3.15%, 01/15/27 (a) 100,000 95,259
CenterPoint Energy Houston Electric LLC
2.40%, 09/01/26 (a) 75,000 70,796
CenterPoint Energy, Inc.
2.50%, 09/01/24 (a) 100,000 96,831
1.45%, 06/01/26 (a) 100,000 90,281
Cleco Corporate Holdings LLC
3.74%, 05/01/26 (a) 100,000 96,907
CMS Energy Corp.
3.00%, 05/15/26 (a) 75,000 72,217
Commonwealth Edison Co.
2.55%, 06/15/26 (a) 125,000 119,974
Connecticut Light and Power Co.
0.75%, 12/01/25 (a) 75,000 67,931
3.20%, 03/15/27 (a) 200,000 194,874
Consolidated Edison, Inc.
0.65%, 12/01/23 (a) 125,000 120,441
Consumers Energy Co.
3.38%, 08/15/23 (a) 13,000 13,026
Delmarva Power & Light Co.
3.50%, 11/15/23 (a) 175,000 175,817
Dominion Energy, Inc.
3.07%, 08/15/24 50,000 48,872
3.30%, 03/15/25 (a) 100,000 98,067
3.90%, 10/01/25 (a) 175,000 174,491
1.45%, 04/15/26 (a) 125,000 113,115
2.85%, 08/15/26 (a) 100,000 95,031
5.75%, 10/01/54 (a)(b) 100,000 93,561
DTE Electric Co.
3.38%, 03/01/25 (a) 50,000 49,638
DTE Energy Co.
2.53%, 10/01/24 150,000 145,207
1.05%, 06/01/25 (a) 150,000 137,938
2.85%, 10/01/26 (a) 125,000 118,324
Duke Energy Carolinas LLC
2.95%, 12/01/26 (a) 125,000 120,885
Duke Energy Corp.
3.95%, 10/15/23 (a) 50,000 50,233
3.75%, 04/15/24 (a) 175,000 175,010
0.90%, 09/15/25 (a) 150,000 136,059
2.65%, 09/01/26 (a) 250,000 234,932
3.25%, 01/15/82 (a)(b) 100,000 77,575
Duke Energy Ohio, Inc.
3.80%, 09/01/23 (a) 100,000 100,196
Duke Energy Progress LLC
3.38%, 09/01/23 (a) 100,000 100,257
3.25%, 08/15/25 (a) 100,000 99,511
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Edison International
3.55%, 11/15/24 (a) 100,000 97,766
4.95%, 04/15/25 (a) 90,000 90,325
5.75%, 06/15/27 (a) 150,000 152,787
Emera US Finance LP
3.55%, 06/15/26 (a) 200,000 191,742
Enel Americas S.A.
4.00%, 10/25/26 (a) 100,000 97,462
Enel Generacion Chile S.A.
4.25%, 04/15/24 (a) 100,000 98,485
Entergy Arkansas LLC
3.70%, 06/01/24 (a) 92,000 92,416
Entergy Corp.
0.90%, 09/15/25 (a) 175,000 157,883
2.95%, 09/01/26 (a) 150,000 142,402
Entergy Gulf States Louisiana LLC
5.59%, 10/01/24 100,000 103,685
Entergy Louisiana LLC
4.05%, 09/01/23 (a) 50,000 50,307
0.62%, 11/17/23 (a) 121,000 116,424
0.95%, 10/01/24 (a) 250,000 235,867
5.40%, 11/01/24 100,000 103,547
Evergy Metro, Inc.
3.65%, 08/15/25 (a) 75,000 74,849
Evergy, Inc.
2.45%, 09/15/24 (a) 200,000 192,670
Eversource Energy
3.80%, 12/01/23 (a) 100,000 100,214
2.90%, 10/01/24 (a) 75,000 73,318
3.15%, 01/15/25 (a) 75,000 73,483
0.80%, 08/15/25 (a) 50,000 45,179
1.40%, 08/15/26 (a) 75,000 67,060
2.90%, 03/01/27 (a) 100,000 94,296
Exelon Corp.
3.95%, 06/15/25 (a) 125,000 124,696
3.40%, 04/15/26 (a) 150,000 145,726
2.75%, 03/15/27 (a)(d) 125,000 117,312
Exelon Generation Co. LLC
3.25%, 06/01/25 (a) 150,000 143,943
Florida Power & Light Co.
3.25%, 06/01/24 (a) 80,000 80,113
2.85%, 04/01/25 (a) 250,000 245,960
3.13%, 12/01/25 (a) 125,000 123,879
Fortis, Inc.
3.06%, 10/04/26 (a) 190,000 178,818
Georgia Power Co.
2.10%, 07/30/23 165,000 162,622
2.20%, 09/15/24 (a) 100,000 96,701
3.25%, 03/30/27 (a) 50,000 47,691
Interstate Power and Light Co.
3.25%, 12/01/24 (a) 100,000 98,970
IPALCO Enterprises, Inc.
3.70%, 09/01/24 (a) 10,000 9,866
ITC Holdings Corp.
3.65%, 06/15/24 (a) 75,000 74,476
3.25%, 06/30/26 (a) 75,000 72,217
Louisville Gas and Electric Co.
3.30%, 10/01/25 (a) 125,000 123,510
MidAmerican Energy Co.
3.50%, 10/15/24 (a) 125,000 125,082
National Rural Utilities Cooperative Finance Corp.
3.40%, 11/15/23 (a) 100,000 100,295
2.95%, 02/07/24 (a) 150,000 148,950
 
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
0.35%, 02/08/24 100,000 95,394
2.85%, 01/27/25 (a) 50,000 48,956
3.25%, 11/01/25 (a) 100,000 97,842
1.00%, 06/15/26 (a) 100,000 89,962
5.25%, 04/20/46 (a)(b) 75,000 68,876
NextEra Energy Capital Holdings, Inc.
1.88%, 01/15/27 (a) 200,000 180,460
3.55%, 05/01/27 (a) 300,000 290,019
3.80%, 03/15/82 (a)(b) 100,000 79,798
Oncor Electric Delivery Co. LLC
2.75%, 06/01/24 (a) 100,000 98,669
2.95%, 04/01/25 (a) 50,000 48,926
0.55%, 10/01/25 (a) 100,000 90,314
Pacific Gas and Electric Co.
4.25%, 08/01/23 (a) 100,000 99,761
1.70%, 11/15/23 (a) 175,000 168,474
3.85%, 11/15/23 (a) 50,000 49,569
3.75%, 02/15/24 (a) 100,000 97,974
3.40%, 08/15/24 (a) 75,000 72,415
3.50%, 06/15/25 (a) 100,000 95,030
3.45%, 07/01/25 175,000 164,664
3.15%, 01/01/26 325,000 296,712
2.95%, 03/01/26 (a) 125,000 113,567
3.30%, 03/15/27 (a) 75,000 67,613
5.45%, 06/15/27 (a) 100,000 97,316
PacifiCorp
3.60%, 04/01/24 (a) 50,000 50,133
Pinnacle West Capital Corp.
1.30%, 06/15/25 (a) 100,000 91,669
Public Service Electric and Gas Co.
3.25%, 09/01/23 (a) 75,000 75,019
2.25%, 09/15/26 (a) 100,000 94,080
Public Service Enterprise Group, Inc.
2.88%, 06/15/24 (a) 175,000 171,552
0.80%, 08/15/25 (a) 150,000 135,798
0.95%, 03/15/26 (a) 100,000 90,897
Puget Energy, Inc.
3.65%, 05/15/25 (a) 100,000 98,263
San Diego Gas & Electric Co.
2.50%, 05/15/26 (a) 125,000 119,070
Sierra Pacific Power Co.
2.60%, 05/01/26 (a) 100,000 95,250
Southern California Edison Co.
0.70%, 08/01/23 150,000 145,624
3.50%, 10/01/23 (a) 25,000 24,979
3.70%, 08/01/25 (a) 200,000 197,000
1.20%, 02/01/26 (a) 100,000 90,000
Southern Co.
2.95%, 07/01/23 (a) 225,000 222,489
0.60%, 02/26/24 (a) 100,000 94,814
3.25%, 07/01/26 (a) 300,000 287,919
4.00%, 01/15/51 (a)(b) 225,000 201,690
3.75%, 09/15/51 (a)(b) 200,000 169,940
Southern Power Co.
4.15%, 12/01/25 (a) 100,000 100,233
0.90%, 01/15/26 (a) 75,000 67,006
Southwestern Electric Power Co.
1.65%, 03/15/26 (a) 100,000 91,245
2.75%, 10/01/26 (a) 100,000 93,906
The Cleveland Electric Illuminating Co.
5.50%, 08/15/24 50,000 51,509
Tucson Electric Power Co.
3.05%, 03/15/25 (a) 75,000 73,828
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Virginia Electric and Power Co.
3.10%, 05/15/25 (a) 100,000 98,493
3.15%, 01/15/26 (a) 150,000 145,921
2.95%, 11/15/26 (a) 100,000 95,473
3.50%, 03/15/27 (a) 150,000 146,659
WEC Energy Group, Inc.
0.55%, 09/15/23 150,000 145,047
0.80%, 03/15/24 (a) 125,000 118,914
Wisconsin Electric Power Co.
2.05%, 12/15/24 (a) 50,000 48,308
Xcel Energy, Inc.
0.50%, 10/15/23 (a) 125,000 120,312
3.30%, 06/01/25 (a) 150,000 147,474
3.35%, 12/01/26 (a) 100,000 96,644
1.75%, 03/15/27 (a) 100,000 89,386
    16,727,814
Natural Gas 0.4%
AGL Capital Corp.
3.25%, 06/15/26 (a) 75,000 72,117
Atmos Energy Corp.
3.00%, 06/15/27 (a) 100,000 96,084
NiSource, Inc.
0.95%, 08/15/25 (a) 225,000 201,962
3.49%, 05/15/27 (a) 150,000 143,847
ONE Gas, Inc.
3.61%, 02/01/24 (a) 50,000 50,006
1.10%, 03/11/24 (a) 125,000 119,026
Sempra Energy
3.25%, 06/15/27 (a) 150,000 142,356
4.13%, 04/01/52 (a)(b) 175,000 140,761
Southern California Gas Co.
3.15%, 09/15/24 (a) 100,000 99,657
3.20%, 06/15/25 (a) 50,000 49,131
2.60%, 06/15/26 (a) 100,000 94,962
2.95%, 04/15/27 (a) 200,000 189,982
Southern Co. Gas Capital Corp.
2.45%, 10/01/23 (a) 60,000 59,193
    1,459,084
Utility Other 0.1%
American Water Capital Corp.
3.85%, 03/01/24 (a) 85,000 85,204
3.40%, 03/01/25 (a) 85,000 84,061
    169,265
    18,356,163
Total Corporates
(Cost $385,566,904)
359,596,976
 
133
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.8% OF NET ASSETS
 
Money Market Funds 0.8%
State Street Institutional U.S. Government Money Market Fund, Premier Class 1.43% (i) 3,065,391 3,065,391
State Street Institutional U.S. Government Money Market Fund, Premier Class 1.43% (i)(j) 65,412 65,412
    3,130,803
Total Short-Term Investments
(Cost $3,130,803)
3,130,803
Total Investments in Securities
(Cost $388,697,707)
362,727,779
    
  NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
DEPRECIATION
($)
FUTURES CONTRACTS
Long      
5 Year US Treasury Note (CBOT), expires 09/30/22 4 449,000 (37)
    
(a) The effective maturity may be shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or as the result of embedded demand features (puts or calls).
(b) Security is in a fixed-rate coupon period. Based on index eligibility requirements and the fund’s investment objective this security will be removed from the index prior to converting to a floating rate security.
(c) All or a portion of this security is designated as collateral for delayed-delivery securities.
(d) Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $5,380,180 or 1.5% of net assets.
(e) Security or a portion of the security purchased on a delayed-delivery or when-issued basis.
(f) Issuers are affiliated with the fund’s investment adviser.
(g) Interest rate is subject to adjustments from time to time if a nationally recognized statistical rating organization downgrades (or subsequently upgrades) the debt rating assigned to the bond.
(h) All or a portion of this security is on loan. Securities on loan were valued at $63,057.
(i) The rate shown is the 7-day yield.
(j) Security purchased with cash collateral received for securities on loan.
    
CBOT — Chicago Board of Trade
REIT — Real Estate Investment Trust
 
Below is a summary of the fund’s transactions with affiliated issuers during the period ended June 30, 2022:
SECURITY
RATE, MATURITY DATE
VALUE AT
12/31/21
PURCHASES SALES REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
ACCRETION OF
DISCOUNTS
(AMORTIZATION
OF PREMIUMS)
VALUE AT
6/30/22
FACE AMOUNT
AT 6/30/22
INTEREST
INCOME EARNED
CORPORATES 0.4% OF NET ASSETS
 
Financial Institutions 0.4%
Brokerage/Asset Managers/Exchanges 0.4%
The Charles Schwab Corp.
2.65%, 01/25/23 $152,937 $— ($152,307) ($581) $235 ($284) $— $— $342
3.55%, 02/01/24 131,345 (56,716) (1,439) (1,712) (1,324) 70,154 70,000 1,524
0.75%, 03/18/24 398,276 (171,293) (4,485) (6,346) (334) 215,818 225,000 1,051
3.75%, 04/01/24 58,077 (1,335) (1,349) 55,393 55,000 1,031
4.20%, 03/24/25 163,233 (79,140) (3,084) (3,051) (1,745) 76,213 75,000 2,199
3.63%, 04/01/25 53,334 (2,801) (584) 49,949 50,000 906
3.85%, 05/21/25 215,662 (84,376) (2,645) (6,118) (1,970) 120,553 120,000 2,632
3.45%, 02/13/26 32,220 (2,145) (325) 29,750 30,000 518
0.90%, 03/11/26 293,394 (94,657) (4,886) (13,998) 113 179,966 200,000 1,034
1.15%, 05/13/26 247,037 (95,436) (4,873) (11,159) (65) 135,504 150,000 1,035
3.20%, 03/02/27 100,452 (3,616) (22) 96,814 100,000 756
2.45%, 03/03/27 194,305 (7,706) 259 186,858 200,000 1,184
3.30%, 04/01/27 49,570 (990) 7 48,587 50,000 133
Total $1,745,515 $344,327 ($733,925) ($21,993) ($60,742) ($7,623) $1,265,559   $14,345
134
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Schwab 1-5 Year Corporate Bond ETF 
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

The following is a summary of the inputs used to value the fund’s investments as of June 30, 2022 (see financial note 2(a) for additional information):
DESCRIPTION QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets        
Corporates 1 $— $359,596,976 $— $359,596,976
Short-Term Investments1 3,130,803 3,130,803
Liabilities        
Futures Contracts2 (37) (37)
Total $3,130,766 $359,596,976 $— $362,727,742
    
1 As categorized in the Portfolio Holdings.
2 Futures contracts are reported at cumulative unrealized appreciation or depreciation.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
135
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Schwab 1-5 Year Corporate Bond ETF 
Statement of Assets and Liabilities

As of June 30, 2022; unaudited
Assets
Investments in securities, at value - affiliated (cost $1,349,885)   $1,265,559
Investments in securities, at value - unaffiliated (cost $387,347,822) including securities on loan of $63,057   361,462,220
Deposit with broker for futures contracts   39,200
Receivables:    
Investments sold   9,433,213
Interest   2,958,306
Dividends   1,653
Income from securities on loan + 133
Total assets   375,160,284
Liabilities
Collateral held for securities on loan   65,412
Payables:    
Fund shares redeemed   7,124,449
Investments bought   4,404,285
Investments bought - delayed delivery   200,955
Management fees   11,976
Variation margin on futures contracts + 7,123
Total liabilities   11,814,200
Net assets   $363,346,084
Net Assets by Source
Capital received from investors   $396,334,638
Total distributable loss + (32,988,554)
Net assets   $363,346,084
    
Net Asset Value (NAV)
Net Assets ÷ Shares
Outstanding
= NAV
$363,346,084   7,650,000   $47.50
         
         
136
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Schwab 1-5 Year Corporate Bond ETF 
Statement of Operations

For the period January 1, 2022 through June 30, 2022; unaudited
Investment Income
Interest received from securities - unaffiliated   $2,744,421
Interest received from securities - affiliated   6,722
Dividends received from securities - unaffiliated   3,932
Securities on loan, net + 1,689
Total investment income   2,756,764
Expenses
Management fees   85,733
Total expenses 85,733
Net investment income   2,671,031
REALIZED AND UNREALIZED GAINS (LOSSES)
Net realized losses on sales of securities - affiliated   (23,593)
Net realized losses on sales of securities - unaffiliated   (936,213)
Net realized gains on sales of in-kind redemptions - affiliated   1,600
Net realized losses on sales of in-kind redemptions - unaffiliated   (6,340,328)
Net realized losses on futures contracts + (42,823)
Net realized losses   (7,341,357)
Net change in unrealized appreciation (depreciation) on securities - affiliated   (60,742)
Net change in unrealized appreciation (depreciation) on securities - unaffiliated   (21,008,666)
Net change in unrealized appreciation (depreciation) on futures contracts + 1,062
Net change in unrealized appreciation (depreciation) + (21,068,346)
Net realized and unrealized losses   (28,409,703)
Decrease in net assets resulting from operations   ($25,738,672)
137
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Schwab 1-5 Year Corporate Bond ETF 
Statement of Changes in Net Assets

For the current and prior report periods
Figures for the current period are unaudited
OPERATIONS
  1/1/22-6/30/22 1/1/21-12/31/21
Net investment income   $2,671,031 $5,118,178
Net realized gains (losses)   (7,341,357) 685,257
Net change in unrealized appreciation (depreciation) + (21,068,346) (8,072,331)
Decrease in net assets from operations   ($25,738,672) ($2,268,896)
DISTRIBUTIONS TO SHAREHOLDERS
Total distributions   ($2,316,035) ($5,031,370)
    
TRANSACTIONS IN FUND SHARES
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES VALUE SHARES VALUE
Shares sold   950,000 $46,325,121 13,350,000 $682,272,042
Shares redeemed + (5,350,000) (264,328,034) (3,600,000) (183,713,833)
Net transactions in fund shares   (4,400,000) ($218,002,913) 9,750,000 $498,558,209
SHARES OUTSTANDING AND NET ASSETS
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES NET ASSETS SHARES NET ASSETS
Beginning of period   12,050,000 $609,403,704 2,300,000 $118,145,761
Total increase (decrease) + (4,400,000) (246,057,620) 9,750,000 491,257,943
End of period   7,650,000 $363,346,084 12,050,000 $609,403,704
138
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Schwab 5-10 Year Corporate Bond ETF
Financial Statements
FINANCIAL HIGHLIGHTS
  1/1/22–
6/30/22*
1/1/21–
12/31/21
1/1/20–
12/31/20
10/10/19 1
12/31/19
   
Per-Share Data
Net asset value at beginning of period $51.73 $53.69 $50.07 $50.00    
Income (loss) from investment operations:            
Net investment income (loss)2 0.59 1.02 1.26 0.29    
Net realized and unrealized gains (losses) (7.22) (1.98) 3.60 0.04    
Total from investment operations (6.63) (0.96) 4.86 0.33    
Less distributions:            
Distributions from net investment income (0.48) (1.00) (1.24) (0.26)    
Net asset value at end of period $44.62 $51.73 $53.69 $50.07    
Total return (12.87%) 3 (1.80%) 9.83% 0.67% 3    
Ratios/Supplemental Data
Ratios to average net assets:            
Total expenses 0.04% 4 0.05% 5 0.05% 0.06% 4,6    
Net investment income (loss) 2.53% 4 1.96% 2.43% 2.61% 4    
Portfolio turnover rate7 5% 3 11% 36% 8% 3    
Net assets, end of period (x 1,000) $397,137 $375,055 $190,584 $110,151    
    
* Unaudited.
1 Commencement of operations.
2 Calculated based on the average shares outstanding during the period.
3 Not annualized.
4 Annualized.
5 Effective December 20, 2021, the annual operating expense ratio was reduced to 0.04%. The ratio presented for period ended 12/31/21 is a blended ratio.
6 Effective December 13, 2019, the annual operating expense ratio was reduced to 0.05%. The ratio presented for the period ended 12/31/19 is a blended ratio.
7 Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions.
139
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited)

This section shows all the securities in the fund’s portfolio and their values as of the report date.
The fund files its complete schedule of portfolio holdings with the U.S. Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year on Form N-PORT Part F. The fund’s Form N-PORT Part F is available on the SEC’s website at www.sec.gov. You can also obtain this information at no cost on the fund’s website at www.schwabassetmanagement.com/schwabetfs_prospectus, by calling 1-866-414-6349, or by sending an email request to orders@mysummaryprospectus.com. The fund also makes available its complete schedule of portfolio holdings on a daily basis on the fund’s website.
All securities are currently in a fixed-rate coupon period based on index eligibility requirements and the fund’s investment objective. Generally, for fixed-rate obligations, the rate shown is the interest rate that was established when the obligation was issued. In some cases, for securitized products, the fixed interest rate can change but remains index eligible as a fixed-rate coupon. Variable rate securities are subject to index requirements and will be removed from the index and fund prior to converting from a fixed rate coupon to a variable rate coupon. The maturity date shown for all the securities is the final legal maturity.     
 
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
CORPORATES 98.8% OF NET ASSETS
 
Financial Institutions 35.2%
Banking 22.4%
Ally Financial, Inc.
2.20%, 11/02/28 (a) 150,000 122,433
8.00%, 11/01/31 700,000 775,514
American Express Co.
4.05%, 05/03/29 (a) 275,000 270,317
4.99%, 05/26/33 (a)(b) 200,000 200,196
Banco Santander S.A.
3.80%, 02/23/28 200,000 187,482
4.38%, 04/12/28 200,000 192,518
3.31%, 06/27/29 200,000 181,912
3.49%, 05/28/30 400,000 354,660
2.75%, 12/03/30 400,000 318,296
2.96%, 03/25/31 200,000 167,922
3.23%, 11/22/32 (a)(b) 200,000 159,750
Bank of America Corp.
3.25%, 10/21/27 (a) 450,000 424,786
4.18%, 11/25/27 (a) 475,000 462,408
3.59%, 07/21/28 (a)(b) 600,000 566,940
3.42%, 12/20/28 (a)(b) 1,500,000 1,397,745
3.97%, 03/05/29 (a)(b) 575,000 548,866
2.09%, 06/14/29 (a)(b) 600,000 514,614
4.27%, 07/23/29 (a)(b) 575,000 553,265
3.97%, 02/07/30 (a)(b) 655,000 617,364
3.19%, 07/23/30 (a)(b) 620,000 555,892
2.88%, 10/22/30 (a)(b) 525,000 459,868
2.50%, 02/13/31 (a)(b) 575,000 487,134
2.59%, 04/29/31 (a)(b) 925,000 786,176
1.90%, 07/23/31 (a)(b) 450,000 360,526
1.92%, 10/24/31 (a)(b) 750,000 598,747
2.65%, 03/11/32 (a)(b) 525,000 441,940
2.69%, 04/22/32 (a)(b) 950,000 798,646
2.30%, 07/21/32 (a)(b) 850,000 687,276
2.57%, 10/20/32 (a)(b) 1,050,000 867,069
2.97%, 02/04/33 (a)(b) 950,000 810,169
4.57%, 04/27/33 (a)(b) 1,000,000 974,080
2.48%, 09/21/36 (a)(b) 475,000 369,692
3.85%, 03/08/37 (a)(b) 600,000 519,756
Bank of Montreal
3.80%, 12/15/32 (a)(b) 225,000 209,291
3.09%, 01/10/37 (a)(b) 300,000 245,919
Bank of New York Mellon Corp.
3.40%, 01/29/28 (a) 50,000 47,957
3.85%, 04/28/28 200,000 195,524
1.65%, 07/14/28 (a) 300,000 260,601
3.00%, 10/30/28 (a) 100,000 91,800
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.90%, 01/25/29 (a) 125,000 108,510
3.30%, 08/23/29 (a) 175,000 162,061
1.65%, 01/28/31 (a) 100,000 80,946
1.80%, 07/28/31 (a) 100,000 81,230
2.50%, 01/26/32 (a) 125,000 106,711
4.29%, 06/13/33 (a)(b) 250,000 245,303
Bank of Nova Scotia
2.15%, 08/01/31 175,000 143,315
2.45%, 02/02/32 225,000 187,108
4.59%, 05/04/37 (a)(b) 300,000 276,495
BankUnited, Inc.
5.13%, 06/11/30 (a) 100,000 96,281
Barclays PLC
4.34%, 01/10/28 (a) 200,000 191,354
4.84%, 05/09/28 (a) 500,000 481,885
4.97%, 05/16/29 (a)(b) 550,000 540,479
5.09%, 06/20/30 (a)(b) 325,000 308,246
2.65%, 06/24/31 (a)(b) 200,000 166,332
2.67%, 03/10/32 (a)(b) 250,000 201,858
2.89%, 11/24/32 (a)(b) 200,000 161,272
3.56%, 09/23/35 (a)(b) 250,000 198,653
Canadian Imperial Bank of Commerce
3.60%, 04/07/32 (a) 200,000 181,792
Capital One Financial Corp.
3.80%, 01/31/28 (a) 250,000 235,755
3.27%, 03/01/30 (a)(b) 525,000 465,670
2.36%, 07/29/32 (a)(b) 225,000 171,416
2.62%, 11/02/32 (a)(b) 150,000 120,638
5.27%, 05/10/33 (a)(b) 200,000 196,754
Citigroup, Inc.
4.45%, 09/29/27 950,000 934,933
6.63%, 01/15/28 175,000 192,556
3.67%, 07/24/28 (a)(b) 570,000 539,140
4.13%, 07/25/28 495,000 475,452
3.52%, 10/27/28 (a)(b) 480,000 448,699
4.08%, 04/23/29 (a)(b) 500,000 475,880
3.98%, 03/20/30 (a)(b) 575,000 538,499
2.98%, 11/05/30 (a)(b) 350,000 306,036
2.67%, 01/29/31 (a)(b) 625,000 531,444
4.41%, 03/31/31 (a)(b) 650,000 622,830
2.57%, 06/03/31 (a)(b) 925,000 778,702
2.56%, 05/01/32 (a)(b) 725,000 598,321
6.63%, 06/15/32 300,000 328,446
2.52%, 11/03/32 (a)(b) 450,000 365,476
3.06%, 01/25/33 (a)(b) 800,000 680,048
3.79%, 03/17/33 (a)(b) 650,000 587,762
4.91%, 05/24/33 (a)(b) 700,000 691,488
Citizens Financial Group, Inc.
2.50%, 02/06/30 (a) 125,000 105,564
3.25%, 04/30/30 (a) 150,000 133,325
 
140
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Comerica, Inc.
4.00%, 02/01/29 (a) 150,000 145,830
Deutsche Bank AG
3.55%, 09/18/31 (a)(b) 400,000 335,252
3.04%, 05/28/32 (a)(b) 350,000 277,207
Discover Bank
2.70%, 02/06/30 (a) 350,000 292,124
Fifth Third Bancorp
3.95%, 03/14/28 (a) 150,000 145,988
4.34%, 04/25/33 (a)(b) 200,000 190,496
First Horizon Bank
5.75%, 05/01/30 (a) 100,000 102,438
First-Citizens Bank & Trust Co.
6.13%, 03/09/28 100,000 104,110
Goldman Sachs Group, Inc.
3.81%, 04/23/29 (a)(b) 440,000 415,109
4.22%, 05/01/29 (a)(b) 825,000 793,815
2.60%, 02/07/30 (a) 425,000 362,712
3.80%, 03/15/30 (a) 675,000 626,056
1.99%, 01/27/32 (a)(b) 675,000 534,809
2.62%, 04/22/32 (a)(b) 900,000 748,638
2.38%, 07/21/32 (a)(b) 1,025,000 830,732
2.65%, 10/21/32 (a)(b) 675,000 556,834
3.10%, 02/24/33 (a)(b) 900,000 770,256
HSBC Holdings PLC
2.01%, 09/22/28 (a)(b) 500,000 428,140
4.58%, 06/19/29 (a)(b) 650,000 627,055
2.21%, 08/17/29 (a)(b) 525,000 441,567
4.95%, 03/31/30 700,000 692,125
3.97%, 05/22/30 (a)(b) 575,000 530,299
2.85%, 06/04/31 (a)(b) 700,000 591,941
2.36%, 08/18/31 (a)(b) 350,000 284,235
2.80%, 05/24/32 (a)(b) 700,000 575,799
2.87%, 11/22/32 (a)(b) 500,000 410,145
4.76%, 03/29/33 (a)(b) 400,000 369,656
Huntington Bancshares, Inc.
2.55%, 02/04/30 (a) 175,000 149,324
2.49%, 08/15/36 (a)(b) 215,000 167,724
ING Groep N.V.
4.55%, 10/02/28 300,000 292,305
4.05%, 04/09/29 325,000 305,845
2.73%, 04/01/32 (a)(b) 200,000 167,044
4.25%, 03/28/33 (a)(b) 200,000 186,748
JPMorgan Chase & Co.
4.25%, 10/01/27 300,000 297,375
3.63%, 12/01/27 (a) 200,000 192,242
2.18%, 06/01/28 (a)(b) 300,000 267,618
3.51%, 01/23/29 (a)(b) 485,000 454,455
4.01%, 04/23/29 (a)(b) 375,000 359,779
2.07%, 06/01/29 (a)(b) 450,000 387,477
4.20%, 07/23/29 (a)(b) 695,000 671,175
4.45%, 12/05/29 (a)(b) 600,000 585,300
3.70%, 05/06/30 (a)(b) 500,000 466,345
4.57%, 06/14/30 (a)(b) 600,000 590,142
8.75%, 09/01/30 100,000 122,545
2.74%, 10/15/30 (a)(b) 955,000 833,457
4.49%, 03/24/31 (a)(b) 625,000 611,744
2.52%, 04/22/31 (a)(b) 675,000 575,842
2.96%, 05/13/31 (a)(b) 615,000 533,057
1.76%, 11/19/31 (a)(b) 300,000 238,050
1.95%, 02/04/32 (a)(b) 575,000 460,195
2.58%, 04/22/32 (a)(b) 750,000 632,025
2.55%, 11/08/32 (a)(b) 550,000 457,462
2.96%, 01/25/33 (a)(b) 1,100,000 945,428
4.59%, 04/26/33 (a)(b) 650,000 639,463
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
KeyBank NA
3.90%, 04/13/29 300,000 283,425
KeyCorp
4.10%, 04/30/28 150,000 144,758
2.55%, 10/01/29 100,000 86,572
Lloyds Banking Group PLC
4.38%, 03/22/28 350,000 340,308
4.55%, 08/16/28 350,000 342,762
3.57%, 11/07/28 (a)(b) 500,000 469,150
Manufacturers & Traders Trust Co.
3.40%, 08/17/27 200,000 190,044
Mitsubishi UFJ Financial Group, Inc.
3.29%, 07/25/27 100,000 94,778
3.96%, 03/02/28 300,000 289,962
4.05%, 09/11/28 350,000 338,366
3.74%, 03/07/29 325,000 306,585
3.20%, 07/18/29 425,000 384,004
2.56%, 02/25/30 200,000 171,798
2.05%, 07/17/30 200,000 163,428
2.31%, 07/20/32 (a)(b) 500,000 407,830
2.49%, 10/13/32 (a)(b) 200,000 165,304
2.85%, 01/19/33 (a)(b) 275,000 234,017
4.32%, 04/19/33 (a)(b) 200,000 192,480
Mizuho Financial Group, Inc.
3.17%, 09/11/27 350,000 325,325
4.02%, 03/05/28 200,000 191,794
4.25%, 09/11/29 (a)(b) 300,000 289,359
3.26%, 05/22/30 (a)(b) 100,000 89,979
3.15%, 07/16/30 (a)(b) 200,000 178,224
2.87%, 09/13/30 (a)(b) 100,000 87,144
2.59%, 05/25/31 (a)(b) 200,000 168,246
2.20%, 07/10/31 (a)(b) 300,000 244,284
1.98%, 09/08/31 (a)(b) 200,000 158,850
2.56%, 09/13/31 225,000 180,466
2.26%, 07/09/32 (a)(b) 200,000 159,844
Morgan Stanley
3.59%, 07/22/28 (a)(b) 650,000 616,057
3.77%, 01/24/29 (a)(b) 858,000 816,850
4.43%, 01/23/30 (a)(b) 655,000 636,680
2.70%, 01/22/31 (a)(b) 840,000 728,759
3.62%, 04/01/31 (a)(b) 650,000 598,078
1.79%, 02/13/32 (a)(b) 550,000 433,999
7.25%, 04/01/32 150,000 177,329
1.93%, 04/28/32 (a)(b) 550,000 436,579
2.24%, 07/21/32 (a)(b) 975,000 792,548
2.51%, 10/20/32 (a)(b) 600,000 497,220
2.94%, 01/21/33 (a)(b) 650,000 557,661
2.48%, 09/16/36 (a)(b) 725,000 557,626
5.30%, 04/20/37 (a)(b) 550,000 534,143
Natwest Group PLC
4.89%, 05/18/29 (a)(b) 425,000 412,343
5.08%, 01/27/30 (a)(b) 400,000 392,180
4.45%, 05/08/30 (a)(b) 300,000 283,641
3.03%, 11/28/35 (a)(b) 200,000 161,252
Northern Trust Corp.
3.65%, 08/03/28 (a) 75,000 73,451
3.15%, 05/03/29 (a) 150,000 140,915
1.95%, 05/01/30 (a) 175,000 148,808
PNC Bank NA
3.25%, 01/22/28 (a) 300,000 286,080
4.05%, 07/26/28 500,000 484,225
2.70%, 10/22/29 250,000 217,935
PNC Financial Services Group, Inc.
3.45%, 04/23/29 (a) 350,000 327,316
2.55%, 01/22/30 (a) 390,000 339,604
2.31%, 04/23/32 (a)(b) 175,000 146,584
 
141
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Royal Bank of Canada
2.30%, 11/03/31 350,000 292,142
3.88%, 05/04/32 225,000 214,520
Santander Holdings USA, Inc.
4.40%, 07/13/27 (a) 210,000 202,440
Santander UK Group Holdings PLC
3.82%, 11/03/28 (a)(b) 200,000 186,038
2.90%, 03/15/32 (a)(b) 200,000 166,692
State Street Corp.
4.14%, 12/03/29 (a)(b) 100,000 98,042
2.40%, 01/24/30 350,000 305,785
2.20%, 03/03/31 200,000 163,582
3.15%, 03/30/31 (a)(b) 150,000 136,022
3.03%, 11/01/34 (a)(b) 100,000 87,987
Sumitomo Mitsui Financial Group, Inc.
3.36%, 07/12/27 200,000 190,526
3.35%, 10/18/27 450,000 426,262
3.54%, 01/17/28 175,000 166,303
1.90%, 09/17/28 400,000 339,840
4.31%, 10/16/28 100,000 97,997
2.47%, 01/14/29 200,000 174,624
3.04%, 07/16/29 450,000 401,400
3.20%, 09/17/29 250,000 222,428
2.72%, 09/27/29 200,000 175,072
2.75%, 01/15/30 300,000 261,747
2.13%, 07/08/30 300,000 247,512
2.14%, 09/23/30 150,000 120,345
1.71%, 01/12/31 200,000 157,316
2.22%, 09/17/31 300,000 243,249
SVB Financial Group
2.10%, 05/15/28 (a) 100,000 85,262
3.13%, 06/05/30 (a) 325,000 280,911
1.80%, 02/02/31 (a) 100,000 77,175
Synchrony Financial
3.95%, 12/01/27 (a) 200,000 182,238
5.15%, 03/19/29 (a) 260,000 243,591
2.88%, 10/28/31 (a) 150,000 113,975
The PNC Financial Services Group, Inc.
4.63%, 06/06/33 (a)(b) 250,000 242,090
Toronto-Dominion Bank
2.00%, 09/10/31 225,000 183,292
2.45%, 01/12/32 150,000 125,795
3.20%, 03/10/32 350,000 312,536
4.46%, 06/08/32 500,000 494,810
Truist Bank
2.25%, 03/11/30 (a) 600,000 503,328
Truist Financial Corp.
1.13%, 08/03/27 (a) 150,000 128,808
3.88%, 03/19/29 (a) 150,000 142,254
1.95%, 06/05/30 (a) 75,000 62,420
US Bancorp
3.90%, 04/26/28 (a) 250,000 247,345
3.00%, 07/30/29 (a) 300,000 273,315
1.38%, 07/22/30 (a) 350,000 279,335
2.68%, 01/27/33 (a)(b) 150,000 129,590
2.49%, 11/03/36 (a)(b) 200,000 163,588
Webster Financial Corp.
4.10%, 03/25/29 (a) 150,000 142,548
Wells Fargo & Co.
4.30%, 07/22/27 575,000 568,617
4.15%, 01/24/29 (a) 552,000 534,491
7.95%, 11/15/29 25,000 29,017
2.88%, 10/30/30 (a)(b) 950,000 836,769
2.57%, 02/11/31 (a)(b) 850,000 731,357
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.48%, 04/04/31 (a)(b) 425,000 416,117
3.35%, 03/02/33 (a)(b) 1,000,000 889,430
Westpac Banking Corp.
4.04%, 08/26/27 250,000 248,930
3.40%, 01/25/28 250,000 240,155
1.95%, 11/20/28 325,000 283,546
2.65%, 01/16/30 220,000 195,870
2.15%, 06/03/31 225,000 189,108
4.11%, 07/24/34 (a)(b) 350,000 320,817
2.67%, 11/15/35 (a)(b) 300,000 241,122
3.02%, 11/18/36 (a)(b) 200,000 161,622
Wintrust Financial Corp.
4.85%, 06/06/29 75,000 73,410
Zions Bancorp NA
3.25%, 10/29/29 (a) 150,000 131,226
    89,063,880
Brokerage/Asset Managers/Exchanges 1.9%
Affiliated Managers Group, Inc.
3.30%, 06/15/30 (a) 50,000 45,148
Ameriprise Financial, Inc.
4.50%, 05/13/32 (a) 175,000 172,231
BlackRock, Inc.
3.25%, 04/30/29 (a) 275,000 259,952
2.40%, 04/30/30 (a) 325,000 284,983
1.90%, 01/28/31 (a) 350,000 290,458
2.10%, 02/25/32 (a) 100,000 82,722
Brookfield Finance I UK PLC
2.34%, 01/30/32 (a) 150,000 120,887
Brookfield Finance, Inc.
3.90%, 01/25/28 (a) 215,000 205,811
4.85%, 03/29/29 (a) 175,000 173,385
4.35%, 04/15/30 (a) 135,000 129,094
2.72%, 04/15/31 (a) 225,000 191,286
Cboe Global Markets, Inc.
1.63%, 12/15/30 (a) 100,000 80,544
3.00%, 03/16/32 (a) 125,000 111,984
CI Financial Corp.
3.20%, 12/17/30 (a) 200,000 155,924
CME Group, Inc.
3.75%, 06/15/28 (a) 150,000 148,131
2.65%, 03/15/32 (a) 200,000 176,966
E*TRADE Financial Corp.
3.80%, 08/24/27 (a) 175,000 168,877
4.50%, 06/20/28 (a) 150,000 150,005
Franklin Resources, Inc.
1.60%, 10/30/30 (a) 250,000 196,487
Intercontinental Exchange, Inc.
3.10%, 09/15/27 (a) 100,000 94,519
4.00%, 09/15/27 (a) 450,000 443,020
3.75%, 09/21/28 (a) 116,000 111,594
4.35%, 06/15/29 (a) 300,000 296,271
2.10%, 06/15/30 (a) 325,000 272,460
Jefferies Group LLC
6.45%, 06/08/27 50,000 53,457
Jefferies Group LLC/Jefferies Group Capital Finance, Inc.
4.15%, 01/23/30 330,000 296,248
2.63%, 10/15/31 (a) 250,000 192,855
Lazard Group LLC
4.50%, 09/19/28 (a) 150,000 144,177
4.38%, 03/11/29 (a) 85,000 81,203
Nasdaq, Inc.
1.65%, 01/15/31 (a) 125,000 98,370
 
142
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Nomura Holdings, Inc.
2.17%, 07/14/28 300,000 253,230
3.10%, 01/16/30 400,000 340,632
2.68%, 07/16/30 250,000 205,327
2.61%, 07/14/31 200,000 159,590
3.00%, 01/22/32 200,000 162,508
Raymond James Financial, Inc.
4.65%, 04/01/30 (a) 100,000 98,684
Stifel Financial Corp.
4.00%, 05/15/30 (a) 175,000 162,405
The Charles Schwab Corp.
3.20%, 01/25/28 (a)(c) 100,000 95,733
2.00%, 03/20/28 (a)(c) 200,000 178,798
4.00%, 02/01/29 (a)(c) 100,000 98,521
3.25%, 05/22/29 (a)(c) 105,000 97,832
2.75%, 10/01/29 (a)(c) 75,000 67,631
4.63%, 03/22/30 (a)(c) 75,000 76,027
1.65%, 03/11/31 (a)(c) 125,000 100,545
2.30%, 05/13/31 (a)(c) 125,000 105,879
1.95%, 12/01/31 (a)(c) 160,000 129,862
2.90%, 03/03/32 (a)(c) 195,000 171,803
    7,734,056
Finance Companies 1.1%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
3.65%, 07/21/27 (a) 250,000 226,605
4.63%, 10/15/27 (a) 150,000 141,481
3.88%, 01/23/28 (a) 300,000 271,149
3.00%, 10/29/28 (a) 650,000 547,202
3.30%, 01/30/32 (a) 950,000 757,729
Air Lease Corp.
3.63%, 12/01/27 (a) 100,000 89,247
2.10%, 09/01/28 (a) 100,000 81,298
4.63%, 10/01/28 (a) 150,000 138,847
3.25%, 10/01/29 (a) 135,000 112,940
3.00%, 02/01/30 (a) 150,000 122,117
3.13%, 12/01/30 (a) 200,000 163,382
2.88%, 01/15/32 (a) 150,000 117,078
Ares Capital Corp.
2.88%, 06/15/27 (a) 100,000 83,703
2.88%, 06/15/28 (a) 225,000 179,566
3.20%, 11/15/31 (a) 150,000 109,472
Blackstone Private Credit Fund
4.00%, 01/15/29 (a)(d) 150,000 123,166
Blackstone Secured Lending Fund
2.85%, 09/30/28 (a) 175,000 141,298
FS KKR Capital Corp.
3.13%, 10/12/28 (a) 275,000 219,552
GATX Corp.
3.50%, 03/15/28 (a) 75,000 70,335
4.55%, 11/07/28 (a) 100,000 98,144
4.70%, 04/01/29 (a) 125,000 122,181
4.00%, 06/30/30 (a) 100,000 92,685
1.90%, 06/01/31 (a) 100,000 78,129
3.50%, 06/01/32 (a) 50,000 43,807
Owl Rock Capital Corp.
2.88%, 06/11/28 (a) 175,000 138,131
Prospect Capital Corp.
3.44%, 10/15/28 (a) 75,000 57,560
    4,326,804
Financial Other 0.1%
Andrew W Mellon Foundation
0.95%, 08/01/27 (a) 50,000 43,858
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
ORIX Corp.
3.70%, 07/18/27 135,000 131,462
2.25%, 03/09/31 75,000 63,080
4.00%, 04/13/32 125,000 119,744
    358,144
Insurance 4.2%
Aegon N.V.
5.50%, 04/11/48 (a)(b) 200,000 192,620
Aflac, Inc.
3.60%, 04/01/30 (a) 200,000 189,464
Alleghany Corp.
3.63%, 05/15/30 (a) 200,000 187,644
Allstate Corp.
1.45%, 12/15/30 (a) 75,000 59,660
American Equity Investment Life Holding Co.
5.00%, 06/15/27 (a) 100,000 98,579
American Financial Group, Inc.
5.25%, 04/02/30 (a) 75,000 75,278
American International Group, Inc.
3.40%, 06/30/30 (a) 125,000 114,754
5.75%, 04/01/48 (a)(b) 125,000 112,758
Anthem, Inc.
3.65%, 12/01/27 (a) 331,000 322,391
4.10%, 03/01/28 (a) 200,000 198,022
2.88%, 09/15/29 (a) 160,000 144,320
2.25%, 05/15/30 (a) 450,000 384,988
2.55%, 03/15/31 (a) 250,000 216,207
4.10%, 05/15/32 (a) 200,000 194,838
Aon Corp.
4.50%, 12/15/28 (a) 75,000 73,971
3.75%, 05/02/29 (a) 100,000 94,571
2.80%, 05/15/30 (a) 175,000 153,263
2.05%, 08/23/31 (a) 150,000 121,415
2.60%, 12/02/31 (a) 100,000 84,637
Arthur J Gallagher & Co.
2.40%, 11/09/31 (a) 125,000 102,605
Assurant, Inc.
4.90%, 03/27/28 (a) 60,000 59,644
3.70%, 02/22/30 (a) 100,000 89,096
2.65%, 01/15/32 (a) 75,000 58,814
Assured Guaranty US Holdings, Inc.
3.15%, 06/15/31 (a) 125,000 108,664
Athene Holding Ltd.
4.13%, 01/12/28 (a) 150,000 140,251
6.15%, 04/03/30 (a) 225,000 224,860
3.50%, 01/15/31 (a) 125,000 105,911
AXA S.A.
8.60%, 12/15/30 325,000 386,230
AXIS Specialty Finance LLC
3.90%, 07/15/29 (a) 75,000 70,437
4.90%, 01/15/40 (a)(b) 75,000 64,393
AXIS Specialty Finance PLC
4.00%, 12/06/27 (a) 125,000 121,346
Berkshire Hathaway Finance Corp.
1.85%, 03/12/30 (a) 125,000 107,040
1.45%, 10/15/30 (a) 175,000 142,271
2.88%, 03/15/32 (a) 300,000 269,433
Brighthouse Financial, Inc.
5.63%, 05/15/30 (a) 100,000 97,241
 
143
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Brown & Brown, Inc.
4.50%, 03/15/29 (a) 110,000 108,198
2.38%, 03/15/31 (a) 100,000 79,381
4.20%, 03/17/32 (a) 175,000 159,780
Chubb INA Holdings, Inc.
1.38%, 09/15/30 (a) 275,000 220,036
Cincinnati Financial Corp.
6.92%, 05/15/28 125,000 141,832
CNA Financial Corp.
3.45%, 08/15/27 (a) 100,000 94,968
3.90%, 05/01/29 (a) 100,000 94,129
2.05%, 08/15/30 (a) 100,000 80,707
CNO Financial Group, Inc.
5.25%, 05/30/29 (a) 125,000 121,371
Corebridge Financial, Inc.
3.85%, 04/05/29 (a)(d) 250,000 231,117
3.90%, 04/05/32 (a)(d) 400,000 359,228
Enstar Group Ltd.
4.95%, 06/01/29 (a) 100,000 96,088
3.10%, 09/01/31 (a) 125,000 99,441
Equitable Holdings, Inc.
4.35%, 04/20/28 (a) 450,000 435,226
Fairfax Financial Holdings Ltd.
4.85%, 04/17/28 (a) 75,000 74,626
4.63%, 04/29/30 (a) 175,000 168,273
3.38%, 03/03/31 (a) 150,000 129,796
Fidelity National Financial, Inc.
4.50%, 08/15/28 (a) 200,000 193,212
3.40%, 06/15/30 (a) 175,000 153,823
2.45%, 03/15/31 (a) 125,000 98,974
First American Financial Corp.
4.00%, 05/15/30 (a) 200,000 179,846
2.40%, 08/15/31 (a) 150,000 115,353
Globe Life, Inc.
4.55%, 09/15/28 (a) 50,000 49,376
2.15%, 08/15/30 (a) 200,000 163,840
Hanover Insurance Group, Inc.
2.50%, 09/01/30 (a) 50,000 41,876
Hartford Financial Services Group, Inc.
2.80%, 08/19/29 (a) 100,000 89,261
Humana, Inc.
3.70%, 03/23/29 (a) 200,000 189,532
3.13%, 08/15/29 (a) 125,000 113,136
4.88%, 04/01/30 (a) 50,000 50,565
2.15%, 02/03/32 (a) 250,000 202,705
Jackson Financial, Inc.
3.13%, 11/23/31 (a)(d) 125,000 100,366
Kemper Corp.
2.40%, 09/30/30 (a) 100,000 81,661
3.80%, 02/23/32 (a) 100,000 88,801
Lincoln National Corp.
3.80%, 03/01/28 (a) 100,000 95,929
3.05%, 01/15/30 (a) 125,000 109,718
3.40%, 01/15/31 (a) 100,000 89,322
3.40%, 03/01/32 (a) 125,000 109,175
Loews Corp.
3.20%, 05/15/30 (a) 100,000 91,124
Manulife Financial Corp.
3.70%, 03/16/32 (a) 175,000 161,562
Markel Corp.
3.50%, 11/01/27 (a) 100,000 96,066
3.35%, 09/17/29 (a) 25,000 22,939
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Marsh & McLennan Cos., Inc.
4.38%, 03/15/29 (a) 350,000 346,496
2.25%, 11/15/30 (a) 185,000 156,562
2.38%, 12/15/31 (a) 100,000 84,433
MetLife, Inc.
4.55%, 03/23/30 (a) 225,000 227,203
PartnerRe Finance B LLC
3.70%, 07/02/29 (a) 95,000 90,595
4.50%, 10/01/50 (a)(b) 100,000 83,969
Primerica, Inc.
2.80%, 11/19/31 (a) 125,000 105,416
Principal Financial Group, Inc.
3.70%, 05/15/29 (a) 215,000 202,315
2.13%, 06/15/30 (a) 100,000 82,689
Prudential Financial, Inc.
3.88%, 03/27/28 (a) 49,000 48,152
2.10%, 03/10/30 (a) 150,000 127,880
4.50%, 09/15/47 (a)(b) 175,000 158,387
5.70%, 09/15/48 (a)(b) 200,000 195,454
3.70%, 10/01/50 (a)(b) 150,000 124,574
5.13%, 03/01/52 (a)(b) 250,000 231,132
Prudential PLC
3.13%, 04/14/30 250,000 230,195
3.63%, 03/24/32 (a) 150,000 139,099
Reinsurance Group of America, Inc.
3.90%, 05/15/29 (a) 175,000 164,260
3.15%, 06/15/30 (a) 125,000 110,733
RenaissanceRe Finance, Inc.
3.45%, 07/01/27 (a) 75,000 71,683
RenaissanceRe Holdings Ltd.
3.60%, 04/15/29 (a) 50,000 47,017
Stewart Information Services Corp.
3.60%, 11/15/31 (a) 150,000 124,656
The Progressive Corp.
4.00%, 03/01/29 (a) 100,000 99,251
3.20%, 03/26/30 (a) 125,000 116,348
3.00%, 03/15/32 (a) 150,000 135,441
UnitedHealth Group, Inc.
2.95%, 10/15/27 225,000 215,818
3.85%, 06/15/28 275,000 273,867
3.88%, 12/15/28 150,000 149,302
4.00%, 05/15/29 (a) 225,000 223,432
2.88%, 08/15/29 275,000 254,411
2.00%, 05/15/30 300,000 257,292
2.30%, 05/15/31 (a) 350,000 303,404
4.20%, 05/15/32 (a) 350,000 350,287
Unum Group
4.00%, 06/15/29 (a) 100,000 94,605
Voya Financial, Inc.
4.70%, 01/23/48 (a)(b) 25,000 20,462
Willis North America, Inc.
4.65%, 06/15/27 (a) 150,000 147,714
4.50%, 09/15/28 (a) 125,000 120,470
2.95%, 09/15/29 (a) 200,000 171,538
    16,636,517
REITs 5.5%
Agree LP
2.00%, 06/15/28 (a) 150,000 128,142
Alexandria Real Estate Equities, Inc.
3.95%, 01/15/28 (a) 50,000 48,496
4.50%, 07/30/29 (a) 175,000 170,833
2.75%, 12/15/29 (a) 100,000 87,674
4.70%, 07/01/30 (a) 100,000 98,773
 
144
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
4.90%, 12/15/30 (a) 150,000 149,016
3.38%, 08/15/31 (a) 125,000 110,591
2.00%, 05/18/32 (a) 50,000 39,514
American Assets Trust LP
3.38%, 02/01/31 (a) 100,000 85,452
American Campus Communities Operating Partnership LP
3.63%, 11/15/27 (a) 50,000 49,320
2.25%, 01/15/29 (a) 50,000 46,313
2.85%, 02/01/30 (a) 100,000 94,984
3.88%, 01/30/31 (a) 75,000 74,023
American Homes 4 Rent LP
4.25%, 02/15/28 (a) 100,000 95,586
4.90%, 02/15/29 (a) 30,000 29,349
2.38%, 07/15/31 (a) 150,000 120,042
3.63%, 04/15/32 (a) 225,000 197,066
AvalonBay Communities, Inc.
3.20%, 01/15/28 (a) 100,000 94,424
1.90%, 12/01/28 (a) 175,000 152,406
3.30%, 06/01/29 (a) 150,000 139,402
2.30%, 03/01/30 (a) 50,000 43,067
2.45%, 01/15/31 (a) 150,000 129,594
2.05%, 01/15/32 (a) 175,000 145,397
Boston Properties LP
4.50%, 12/01/28 (a) 300,000 291,990
3.40%, 06/21/29 (a) 100,000 89,695
2.90%, 03/15/30 (a) 285,000 242,008
3.25%, 01/30/31 (a) 200,000 171,864
2.55%, 04/01/32 (a) 200,000 159,048
Brandywine Operating Partnership LP
3.95%, 11/15/27 (a) 150,000 141,139
Brixmor Operating Partnership LP
2.25%, 04/01/28 (a) 50,000 42,990
4.13%, 05/15/29 (a) 75,000 69,902
4.05%, 07/01/30 (a) 275,000 247,981
2.50%, 08/16/31 (a) 150,000 118,133
Broadstone Net Lease LLC
2.60%, 09/15/31 (a) 125,000 102,103
Camden Property Trust
4.10%, 10/15/28 (a) 25,000 24,591
3.15%, 07/01/29 (a) 175,000 160,181
2.80%, 05/15/30 (a) 300,000 265,392
Corporate Office Properties LP
2.75%, 04/15/31 (a) 325,000 263,965
CubeSmart LP
2.25%, 12/15/28 (a) 125,000 106,876
4.38%, 02/15/29 (a) 75,000 72,645
3.00%, 02/15/30 (a) 75,000 66,075
2.00%, 02/15/31 (a) 125,000 99,838
2.50%, 02/15/32 (a) 125,000 101,616
Digital Realty Trust LP
3.70%, 08/15/27 (a) 200,000 190,778
4.45%, 07/15/28 (a) 250,000 242,655
3.60%, 07/01/29 (a) 175,000 158,931
Duke Realty LP
3.38%, 12/15/27 (a) 150,000 142,087
4.00%, 09/15/28 (a) 50,000 48,625
2.88%, 11/15/29 (a) 75,000 67,628
1.75%, 07/01/30 (a) 160,000 131,099
1.75%, 02/01/31 (a) 200,000 163,170
EPR Properties
4.95%, 04/15/28 (a) 150,000 137,403
3.75%, 08/15/29 (a) 125,000 104,140
3.60%, 11/15/31 (a) 75,000 59,525
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
ERP Operating LP
3.25%, 08/01/27 (a) 50,000 47,432
3.50%, 03/01/28 (a) 250,000 238,337
4.15%, 12/01/28 (a) 100,000 98,150
3.00%, 07/01/29 (a) 70,000 63,526
2.50%, 02/15/30 (a) 125,000 109,484
1.85%, 08/01/31 (a) 100,000 82,203
Essential Properties LP
2.95%, 07/15/31 (a) 100,000 78,489
Essex Portfolio LP
1.70%, 03/01/28 (a) 100,000 85,996
4.00%, 03/01/29 (a) 150,000 143,542
3.00%, 01/15/30 (a) 50,000 44,394
1.65%, 01/15/31 (a) 75,000 58,772
2.65%, 03/15/32 (a) 275,000 228,506
Extra Space Storage LP
2.55%, 06/01/31 (a) 125,000 103,100
2.35%, 03/15/32 (a) 175,000 139,473
Federal Realty Investment Trust
3.25%, 07/15/27 (a) 100,000 94,042
3.20%, 06/15/29 (a) 150,000 135,412
3.50%, 06/01/30 (a) 125,000 113,533
Healthcare Realty Trust, Inc.
2.40%, 03/15/30 (a) 175,000 146,032
2.05%, 03/15/31 (a) 50,000 39,414
Healthcare Trust of America Holdings LP
3.75%, 07/01/27 (a) 125,000 118,779
3.10%, 02/15/30 (a) 125,000 107,751
2.00%, 03/15/31 (a) 100,000 77,663
Healthpeak Properties, Inc.
2.13%, 12/01/28 (a) 100,000 86,516
3.50%, 07/15/29 (a) 175,000 161,789
3.00%, 01/15/30 (a) 190,000 167,901
2.88%, 01/15/31 (a) 125,000 107,868
Highwoods Realty LP
4.13%, 03/15/28 (a) 75,000 71,853
4.20%, 04/15/29 (a) 75,000 70,297
3.05%, 02/15/30 (a) 50,000 43,495
2.60%, 02/01/31 (a) 125,000 103,340
Host Hotels & Resorts LP
3.38%, 12/15/29 (a) 100,000 84,671
3.50%, 09/15/30 (a) 200,000 170,914
2.90%, 12/15/31 (a) 100,000 79,539
Hudson Pacific Properties LP
3.95%, 11/01/27 (a) 45,000 42,965
4.65%, 04/01/29 (a) 150,000 144,903
3.25%, 01/15/30 (a) 125,000 109,021
Invitation Homes Operating Partnership LP
2.30%, 11/15/28 (a) 150,000 126,496
2.00%, 08/15/31 (a) 150,000 115,634
Kilroy Realty LP
4.25%, 08/15/29 (a) 70,000 66,167
3.05%, 02/15/30 (a) 300,000 257,100
Kimco Realty Corp.
1.90%, 03/01/28 (a) 50,000 43,341
2.70%, 10/01/30 (a) 100,000 86,236
2.25%, 12/01/31 (a) 100,000 81,060
3.20%, 04/01/32 (a) 150,000 131,317
Lexington Realty Trust
2.70%, 09/15/30 (a) 175,000 144,389
Life Storage LP
3.88%, 12/15/27 (a) 95,000 90,822
4.00%, 06/15/29 (a) 55,000 50,543
 
145
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.20%, 10/15/30 (a) 150,000 120,522
2.40%, 10/15/31 (a) 150,000 119,607
LXP Industrial Trust
2.38%, 10/01/31 (a) 75,000 58,315
Mid-America Apartments LP
4.20%, 06/15/28 (a) 75,000 73,436
3.95%, 03/15/29 (a) 115,000 110,146
2.75%, 03/15/30 (a) 100,000 87,368
1.70%, 02/15/31 (a) 150,000 119,058
National Health Investors, Inc.
3.00%, 02/01/31 (a) 125,000 96,889
National Retail Properties, Inc.
3.50%, 10/15/27 (a) 100,000 93,741
4.30%, 10/15/28 (a) 50,000 48,626
2.50%, 04/15/30 (a) 100,000 85,212
Office Properties Income Trust
3.45%, 10/15/31 (a) 125,000 93,254
Omega Healthcare Investors, Inc.
4.75%, 01/15/28 (a) 125,000 118,817
3.63%, 10/01/29 (a) 150,000 126,907
3.38%, 02/01/31 (a) 150,000 121,882
Phillips Edison Grocery Center Operating Partnership I LP
2.63%, 11/15/31 (a) 150,000 116,606
Physicians Realty LP
3.95%, 01/15/28 (a) 150,000 143,247
2.63%, 11/01/31 (a) 75,000 60,668
Piedmont Operating Partnership LP
3.15%, 08/15/30 (a) 50,000 41,571
2.75%, 04/01/32 (a) 100,000 77,328
Prologis LP
3.88%, 09/15/28 (a) 125,000 121,757
4.38%, 02/01/29 (a) 25,000 25,001
2.25%, 04/15/30 (a) 225,000 194,848
1.25%, 10/15/30 (a) 125,000 99,621
1.63%, 03/15/31 (a) 175,000 141,657
Public Storage
3.09%, 09/15/27 (a) 100,000 95,003
1.85%, 05/01/28 (a) 250,000 217,410
1.95%, 11/09/28 (a) 150,000 129,868
3.39%, 05/01/29 (a) 100,000 93,093
2.30%, 05/01/31 (a) 175,000 147,408
2.25%, 11/09/31 (a) 100,000 82,980
Realty Income Corp.
3.95%, 08/15/27 (a) 125,000 122,395
3.40%, 01/15/28 (a) 150,000 142,000
3.65%, 01/15/28 (a) 275,000 264,500
2.20%, 06/15/28 (a) 100,000 88,110
3.25%, 06/15/29 (a) 50,000 46,602
3.10%, 12/15/29 (a) 170,000 154,882
3.25%, 01/15/31 (a) 150,000 136,914
Regency Centers LP
4.13%, 03/15/28 (a) 75,000 72,332
2.95%, 09/15/29 (a) 50,000 44,056
3.70%, 06/15/30 (a) 100,000 90,850
Retail Properties of America, Inc.
4.75%, 09/15/30 (a) 125,000 116,649
Rexford Industrial Realty LP
2.13%, 12/01/30 (a) 75,000 60,130
2.15%, 09/01/31 (a) 100,000 78,619
Sabra Health Care LP
3.90%, 10/15/29 (a) 90,000 79,578
3.20%, 12/01/31 (a) 200,000 159,002
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Safehold Operating Partnership LP
2.80%, 06/15/31 (a) 175,000 142,142
2.85%, 01/15/32 (a) 50,000 40,234
Simon Property Group LP
3.38%, 12/01/27 (a) 150,000 141,054
1.75%, 02/01/28 (a) 200,000 170,886
2.45%, 09/13/29 (a) 225,000 191,128
2.65%, 07/15/30 (a) 225,000 191,104
2.20%, 02/01/31 (a) 150,000 121,902
2.25%, 01/15/32 (a) 225,000 179,532
2.65%, 02/01/32 (a) 125,000 103,446
Spirit Realty LP
2.10%, 03/15/28 (a) 50,000 41,954
4.00%, 07/15/29 (a) 125,000 114,249
3.40%, 01/15/30 (a) 125,000 108,128
3.20%, 02/15/31 (a) 100,000 83,724
2.70%, 02/15/32 (a) 100,000 78,450
STORE Capital Corp.
4.50%, 03/15/28 (a) 70,000 68,529
4.63%, 03/15/29 (a) 75,000 73,457
2.75%, 11/18/30 (a) 250,000 205,880
Sun Communities Operating LP
2.30%, 11/01/28 (a) 75,000 64,253
2.70%, 07/15/31 (a) 150,000 120,955
4.20%, 04/15/32 (a) 200,000 181,236
Tanger Properties LP
3.88%, 07/15/27 (a) 100,000 94,721
2.75%, 09/01/31 (a) 100,000 78,445
UDR, Inc.
3.50%, 07/01/27 (a) 75,000 71,606
3.50%, 01/15/28 (a) 50,000 47,196
4.40%, 01/26/29 (a) 100,000 97,830
3.20%, 01/15/30 (a) 175,000 157,484
3.00%, 08/15/31 (a) 125,000 107,031
Ventas Realty LP
4.00%, 03/01/28 (a) 296,000 283,544
4.40%, 01/15/29 (a) 150,000 144,331
3.00%, 01/15/30 (a) 145,000 127,365
4.75%, 11/15/30 (a) 50,000 48,877
2.50%, 09/01/31 (a) 100,000 82,507
Vornado Realty LP
3.40%, 06/01/31 (a) 150,000 126,795
Welltower, Inc.
4.25%, 04/15/28 (a) 200,000 194,746
2.05%, 01/15/29 (a) 75,000 63,251
4.13%, 03/15/29 (a) 100,000 94,819
3.10%, 01/15/30 (a) 150,000 132,438
2.75%, 01/15/31 (a) 100,000 84,521
2.80%, 06/01/31 (a) 250,000 211,182
2.75%, 01/15/32 (a) 150,000 125,569
3.85%, 06/15/32 (a) 200,000 182,594
WP Carey, Inc.
3.85%, 07/15/29 (a) 80,000 74,752
2.40%, 02/01/31 (a) 100,000 81,865
2.45%, 02/01/32 (a) 75,000 60,670
    21,720,591
    139,839,992
 
Industrial 56.2%
Basic Industry 2.8%
Air Products and Chemicals, Inc.
2.05%, 05/15/30 (a) 50,000 43,344
 
146
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Albemarle Corp.
5.05%, 06/01/32 (a) 150,000 146,566
AngloGold Ashanti Holdings PLC
3.38%, 11/01/28 (a) 200,000 170,730
3.75%, 10/01/30 (a) 200,000 166,500
ArcelorMittal S.A.
4.25%, 07/16/29 (e) 100,000 95,054
Cabot Corp.
4.00%, 07/01/29 (a) 50,000 46,493
5.00%, 06/30/32 (a) 175,000 170,112
Celulosa Arauco y Constitucion S.A.
3.88%, 11/02/27 (a) 200,000 184,706
Dow Chemical Co.
4.80%, 11/30/28 (a) 90,000 90,492
7.38%, 11/01/29 200,000 231,142
2.10%, 11/15/30 (a) 250,000 206,415
DuPont de Nemours, Inc.
4.73%, 11/15/28 (a) 570,000 572,628
Eastman Chemical Co.
4.50%, 12/01/28 (a) 138,000 135,628
Ecolab, Inc.
3.25%, 12/01/27 (a) 25,000 24,376
4.80%, 03/24/30 (a) 125,000 129,695
1.30%, 01/30/31 (a) 150,000 120,476
2.13%, 02/01/32 (a) 300,000 253,425
EI du Pont de Nemours and Co.
2.30%, 07/15/30 (a) 200,000 173,526
FMC Corp.
3.45%, 10/01/29 (a) 150,000 136,501
Freeport-McMoRan, Inc.
5.00%, 09/01/27 (a) 200,000 198,616
4.13%, 03/01/28 (a) 175,000 162,538
4.38%, 08/01/28 (a) 200,000 188,042
5.25%, 09/01/29 (a) 150,000 143,434
4.25%, 03/01/30 (a) 200,000 183,534
4.63%, 08/01/30 (a) 225,000 208,813
Georgia-Pacific LLC
8.88%, 05/15/31 100,000 130,568
Huntsman International LLC
4.50%, 05/01/29 (a) 125,000 117,836
2.95%, 06/15/31 (a) 175,000 145,428
International Flavors & Fragrances, Inc.
4.45%, 09/26/28 (a) 125,000 122,290
Kinross Gold Corp.
4.50%, 07/15/27 (a) 100,000 97,491
Linde, Inc.
1.10%, 08/10/30 (a) 125,000 100,288
LYB International Finance III LLC
2.25%, 10/01/30 (a) 150,000 123,858
Mosaic Co.
4.05%, 11/15/27 (a) 150,000 146,811
NewMarket Corp.
2.70%, 03/18/31 (a) 125,000 103,339
Newmont Corp.
2.80%, 10/01/29 (a) 125,000 110,833
2.25%, 10/01/30 (a) 225,000 187,306
Nucor Corp.
3.95%, 05/01/28 (a) 100,000 97,165
2.70%, 06/01/30 (a) 100,000 86,811
3.13%, 04/01/32 (a) 100,000 87,314
Nutrien Ltd.
4.20%, 04/01/29 (a) 100,000 97,260
2.95%, 05/13/30 (a) 100,000 89,241
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Packaging Corp. of America
3.40%, 12/15/27 (a) 30,000 28,889
3.00%, 12/15/29 (a) 210,000 188,582
PPG Industries, Inc.
3.75%, 03/15/28 (a) 175,000 171,542
2.80%, 08/15/29 (a) 125,000 113,556
Rayonier LP
2.75%, 05/17/31 (a) 100,000 83,845
Reliance Steel & Aluminum Co.
2.15%, 08/15/30 (a) 100,000 81,032
Rio Tinto Finance USA Ltd.
7.13%, 07/15/28 325,000 374,530
Rohm and Haas Co.
7.85%, 07/15/29 150,000 178,614
RPM International, Inc.
4.55%, 03/01/29 (a) 100,000 96,964
2.95%, 01/15/32 (a) 75,000 62,286
Sherwin-Williams Co.
2.95%, 08/15/29 (a) 135,000 120,947
2.30%, 05/15/30 (a) 100,000 84,428
2.20%, 03/15/32 (a) 200,000 161,508
Steel Dynamics, Inc.
1.65%, 10/15/27 (a) 50,000 42,941
3.45%, 04/15/30 (a) 175,000 155,977
3.25%, 01/15/31 (a) 100,000 87,024
Suzano Austria GmbH
2.50%, 09/15/28 (a) 100,000 81,247
6.00%, 01/15/29 (a) 500,000 493,915
5.00%, 01/15/30 (a) 300,000 273,450
3.75%, 01/15/31 (a) 200,000 161,732
3.13%, 01/15/32 (a) 225,000 169,823
Teck Resources Ltd.
3.90%, 07/15/30 (a) 125,000 115,040
Vale Overseas Ltd.
3.75%, 07/08/30 (a) 375,000 328,346
WestRock MWV LLC
8.20%, 01/15/30 75,000 89,162
7.95%, 02/15/31 50,000 59,102
Weyerhaeuser Co.
6.95%, 10/01/27 75,000 83,184
4.00%, 11/15/29 (a) 200,000 189,784
4.00%, 04/15/30 (a) 125,000 117,725
7.38%, 03/15/32 150,000 173,736
WRKCo, Inc.
3.38%, 09/15/27 (a) 125,000 118,746
4.00%, 03/15/28 (a) 75,000 73,733
3.90%, 06/01/28 (a) 350,000 338,530
4.90%, 03/15/29 (a) 125,000 125,894
4.20%, 06/01/32 (a) 100,000 94,829
Yamana Gold, Inc.
2.63%, 08/15/31 (a)(d) 100,000 80,634
    11,227,902
Capital Goods 6.1%
3M Co.
2.88%, 10/15/27 (a) 150,000 144,256
3.63%, 09/14/28 (a) 50,000 49,281
3.38%, 03/01/29 (a) 150,000 144,420
2.38%, 08/26/29 (a) 500,000 448,010
3.05%, 04/15/30 (a) 100,000 93,004
Acuity Brands Lighting, Inc.
2.15%, 12/15/30 (a) 75,000 59,687
 
147
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Allegion PLC
3.50%, 10/01/29 (a) 250,000 222,205
Amcor Finance USA, Inc.
4.50%, 05/15/28 (a) 140,000 137,942
Amcor Flexibles North America, Inc.
2.63%, 06/19/30 (a) 300,000 246,366
Amphenol Corp.
4.35%, 06/01/29 (a) 100,000 98,331
2.80%, 02/15/30 (a) 250,000 217,865
2.20%, 09/15/31 (a) 150,000 122,770
AptarGroup, Inc.
3.60%, 03/15/32 (a) 125,000 111,092
Avery Dennison Corp.
4.88%, 12/06/28 (a) 145,000 145,405
2.65%, 04/30/30 (a) 75,000 62,727
2.25%, 02/15/32 (a) 150,000 118,311
Boeing Co.
3.25%, 02/01/28 (a) 150,000 134,697
3.25%, 03/01/28 (a) 140,000 126,010
3.45%, 11/01/28 (a) 375,000 335,291
3.20%, 03/01/29 (a) 270,000 234,430
2.95%, 02/01/30 (a) 195,000 162,109
5.15%, 05/01/30 (a) 925,000 888,028
3.63%, 02/01/31 (a) 225,000 194,814
Carlisle Cos., Inc.
3.75%, 12/01/27 (a) 250,000 238,215
2.75%, 03/01/30 (a) 75,000 63,070
2.20%, 03/01/32 (a) 225,000 176,506
Carrier Global Corp.
2.72%, 02/15/30 (a) 400,000 346,544
2.70%, 02/15/31 (a)(d) 150,000 127,182
Caterpillar Financial Services Corp.
1.10%, 09/14/27 150,000 131,790
Caterpillar, Inc.
2.60%, 09/19/29 (a) 105,000 96,074
2.60%, 04/09/30 (a) 150,000 136,255
1.90%, 03/12/31 (a)(e) 250,000 213,495
CNH Industrial NV
3.85%, 11/15/27 (a) 90,000 84,891
Deere & Co.
5.38%, 10/16/29 50,000 54,357
3.10%, 04/15/30 (a) 350,000 327,393
7.13%, 03/03/31 50,000 60,450
Dover Corp.
2.95%, 11/04/29 (a) 125,000 113,937
Eagle Materials, Inc.
2.50%, 07/01/31 (a) 150,000 118,524
Eaton Corp.
3.10%, 09/15/27 (a) 125,000 119,537
Emerson Electric Co.
1.80%, 10/15/27 (a) 125,000 112,166
2.00%, 12/21/28 (a) 50,000 44,225
1.95%, 10/15/30 (a) 200,000 168,744
2.20%, 12/21/31 (a) 200,000 169,380
Flowserve Corp.
3.50%, 10/01/30 (a) 225,000 191,664
2.80%, 01/15/32 (a) 125,000 97,425
Fortune Brands Home & Security, Inc.
3.25%, 09/15/29 (a) 175,000 151,476
4.00%, 03/25/32 (a) 100,000 88,671
GE Capital Funding LLC
4.55%, 05/15/32 (a) 300,000 289,401
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
General Dynamics Corp.
3.75%, 05/15/28 (a) 100,000 98,552
3.63%, 04/01/30 (a) 375,000 363,589
2.25%, 06/01/31 (a) 100,000 87,322
General Electric Co.
6.75%, 03/15/32 550,000 615,565
Honeywell International, Inc.
2.70%, 08/15/29 (a) 75,000 69,010
1.95%, 06/01/30 (a) 225,000 193,572
1.75%, 09/01/31 (a) 300,000 248,562
Hubbell, Inc.
3.15%, 08/15/27 (a) 50,000 47,209
3.50%, 02/15/28 (a) 125,000 120,130
2.30%, 03/15/31 (a) 75,000 63,220
Huntington Ingalls Industries, Inc.
3.48%, 12/01/27 (a) 50,000 46,917
2.04%, 08/16/28 (a) 250,000 214,000
4.20%, 05/01/30 (a) 375,000 353,685
IDEX Corp.
3.00%, 05/01/30 (a) 125,000 109,130
2.63%, 06/15/31 (a) 125,000 103,734
John Deere Capital Corp.
2.80%, 09/08/27 135,000 128,872
3.05%, 01/06/28 100,000 96,012
1.50%, 03/06/28 150,000 132,435
3.45%, 03/07/29 20,000 19,356
3.35%, 04/18/29 200,000 192,358
2.80%, 07/18/29 65,000 59,913
2.45%, 01/09/30 190,000 170,647
1.45%, 01/15/31 275,000 224,144
2.00%, 06/17/31 200,000 170,216
Johnson Controls International plc
1.75%, 09/15/30 (a) 125,000 101,994
2.00%, 09/16/31 (a) 150,000 119,520
Kennametal, Inc.
4.63%, 06/15/28 (a) 100,000 97,677
2.80%, 03/01/31 (a) 75,000 60,764
L3Harris Technologies, Inc.
4.40%, 06/15/28 (a) 475,000 467,190
2.90%, 12/15/29 (a) 100,000 89,522
1.80%, 01/15/31 (a) 125,000 99,781
Leggett & Platt, Inc.
3.50%, 11/15/27 (a) 150,000 142,237
4.40%, 03/15/29 (a) 125,000 121,594
Lennox International, Inc.
1.70%, 08/01/27 (a) 50,000 43,795
Lockheed Martin Corp.
1.85%, 06/15/30 (a) 50,000 42,709
3.90%, 06/15/32 (a) 200,000 197,414
Martin Marietta Materials, Inc.
3.50%, 12/15/27 (a) 222,000 210,092
2.50%, 03/15/30 (a) 125,000 105,529
2.40%, 07/15/31 (a) 175,000 143,089
Masco Corp.
3.50%, 11/15/27 (a) 150,000 142,509
2.00%, 10/01/30 (a) 175,000 138,684
Mohawk Industries, Inc.
3.63%, 05/15/30 (a) 140,000 125,408
Northrop Grumman Corp.
3.25%, 01/15/28 (a) 415,000 394,433
4.40%, 05/01/30 (a) 150,000 150,001
nVent Finance Sarl
4.55%, 04/15/28 (a) 165,000 159,832
2.75%, 11/15/31 (a) 100,000 81,277
 
148
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Oshkosh Corp.
4.60%, 05/15/28 (a) 25,000 24,720
3.10%, 03/01/30 (a) 125,000 107,358
Otis Worldwide Corp.
2.57%, 02/15/30 (a) 420,000 363,481
Owens Corning
3.88%, 06/01/30 (a) 150,000 137,460
Parker-Hannifin Corp.
4.25%, 09/15/27 (a) 350,000 348,271
3.25%, 06/14/29 (a) 225,000 205,967
4.50%, 09/15/29 (a) 275,000 273,798
Pentair Finance Sarl
4.50%, 07/01/29 (a) 150,000 143,871
Raytheon Technologies Corp.
7.20%, 08/15/27 100,000 114,197
4.13%, 11/16/28 (a) 775,000 766,041
7.50%, 09/15/29 100,000 118,957
2.25%, 07/01/30 (a) 225,000 194,200
1.90%, 09/01/31 (a) 275,000 225,657
2.38%, 03/15/32 (a) 250,000 211,965
Republic Services, Inc.
3.38%, 11/15/27 (a) 15,000 14,339
3.95%, 05/15/28 (a) 275,000 270,677
2.30%, 03/01/30 (a) 50,000 42,948
1.45%, 02/15/31 (a) 125,000 98,343
1.75%, 02/15/32 (a) 225,000 177,505
Rockwell Automation, Inc.
3.50%, 03/01/29 (a) 50,000 48,175
1.75%, 08/15/31 (a) 100,000 81,963
Roper Technologies, Inc.
1.40%, 09/15/27 (a) 100,000 85,744
4.20%, 09/15/28 (a) 150,000 147,177
2.95%, 09/15/29 (a) 275,000 242,795
2.00%, 06/30/30 (a) 100,000 80,931
1.75%, 02/15/31 (a) 200,000 156,074
Sonoco Products Co.
3.13%, 05/01/30 (a) 160,000 140,251
2.85%, 02/01/32 (a) 100,000 83,673
Stanley Black & Decker, Inc.
4.25%, 11/15/28 (a) 150,000 150,201
2.30%, 03/15/30 (a) 175,000 150,524
3.00%, 05/15/32 (a) 100,000 88,345
Teledyne Technologies, Inc.
2.25%, 04/01/28 (a) 100,000 86,872
2.75%, 04/01/31 (a) 200,000 167,346
Textron, Inc.
3.38%, 03/01/28 (a) 150,000 142,345
3.90%, 09/17/29 (a) 75,000 70,864
3.00%, 06/01/30 (a) 100,000 87,469
2.45%, 03/15/31 (a) 100,000 82,273
Timken Co.
4.50%, 12/15/28 (a) 100,000 98,398
Trane Technologies Global Holding Co., Ltd.
3.75%, 08/21/28 (a) 125,000 118,364
Trane Technologies Luxembourg Finance S.A.
3.80%, 03/21/29 (a) 165,000 155,013
United Rentals North America, Inc.
3.88%, 11/15/27 (a) 150,000 139,602
Vontier Corp.
2.40%, 04/01/28 (a) 200,000 167,084
2.95%, 04/01/31 (a) 150,000 117,334
Vulcan Materials Co.
3.50%, 06/01/30 (a) 125,000 112,871
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Waste Connections, Inc.
4.25%, 12/01/28 (a) 75,000 74,099
3.50%, 05/01/29 (a) 200,000 188,402
2.60%, 02/01/30 (a) 50,000 43,779
2.20%, 01/15/32 (a) 175,000 143,852
3.20%, 06/01/32 (a) 50,000 44,605
Waste Management, Inc.
3.15%, 11/15/27 (a) 305,000 292,928
1.15%, 03/15/28 (a) 150,000 127,836
2.00%, 06/01/29 (a) 575,000 500,037
1.50%, 03/15/31 (a) 150,000 119,626
Westinghouse Air Brake Technologies Corp.
4.95%, 09/15/28 (a)(f) 325,000 312,861
Xylem, Inc.
1.95%, 01/30/28 (a) 100,000 88,541
2.25%, 01/30/31 (a) 100,000 83,394
    24,243,027
Communications 8.2%
Activision Blizzard, Inc.
1.35%, 09/15/30 (a) 225,000 180,801
America Movil S.A.B. de C.V.
3.63%, 04/22/29 (a) 200,000 190,584
2.88%, 05/07/30 (a) 250,000 224,040
American Tower Corp.
3.55%, 07/15/27 (a) 200,000 187,870
3.60%, 01/15/28 (a) 100,000 93,059
1.50%, 01/31/28 (a) 175,000 145,714
3.95%, 03/15/29 (a) 225,000 209,779
3.80%, 08/15/29 (a) 375,000 344,576
2.90%, 01/15/30 (a) 135,000 115,363
2.10%, 06/15/30 (a) 200,000 160,032
1.88%, 10/15/30 (a) 150,000 117,071
2.70%, 04/15/31 (a) 125,000 103,040
2.30%, 09/15/31 (a) 200,000 158,626
4.05%, 03/15/32 (a) 225,000 205,070
AT&T, Inc.
1.65%, 02/01/28 (a) 550,000 475,513
4.10%, 02/15/28 (a) 425,000 417,630
4.35%, 03/01/29 (a) 625,000 616,069
4.30%, 02/15/30 (a) 825,000 805,885
2.75%, 06/01/31 (a) 600,000 519,066
2.25%, 02/01/32 (a) 675,000 551,671
Bell Canada
2.15%, 02/15/32 (a) 150,000 122,996
British Telecommunications PLC
5.13%, 12/04/28 (a) 200,000 200,068
9.63%, 12/15/30 (f) 675,000 841,117
Charter Communications Operating LLC/Charter Communications Operating Capital
3.75%, 02/15/28 (a) 295,000 271,958
4.20%, 03/15/28 (a) 350,000 327,295
2.25%, 01/15/29 (a) 200,000 164,824
5.05%, 03/30/29 (a) 375,000 362,066
2.80%, 04/01/31 (a) 275,000 220,514
2.30%, 02/01/32 (a) 250,000 189,988
Comcast Corp.
3.15%, 02/15/28 (a) 375,000 357,559
3.55%, 05/01/28 (a) 150,000 145,628
4.15%, 10/15/28 (a) 642,000 640,787
2.65%, 02/01/30 (a) 525,000 469,465
3.40%, 04/01/30 (a) 500,000 469,100
4.25%, 10/15/30 (a) 425,000 419,377
1.95%, 01/15/31 (a) 250,000 208,055
1.50%, 02/15/31 (a) 325,000 261,423
 
149
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Crown Castle International Corp.
3.65%, 09/01/27 (a) 300,000 283,914
3.80%, 02/15/28 (a) 75,000 70,828
4.30%, 02/15/29 (a) 125,000 120,149
3.10%, 11/15/29 (a) 250,000 220,688
3.30%, 07/01/30 (a) 200,000 176,796
2.25%, 01/15/31 (a) 225,000 182,716
2.10%, 04/01/31 (a) 175,000 139,099
2.50%, 07/15/31 (a) 190,000 156,163
Deutsche Telekom International Finance BV
8.75%, 06/15/30 (f) 900,000 1,113,651
Discovery Communications LLC
3.95%, 03/20/28 (a) 300,000 280,980
4.13%, 05/15/29 (a) 425,000 391,918
3.63%, 05/15/30 (a) 175,000 155,904
Electronic Arts, Inc.
1.85%, 02/15/31 (a) 200,000 162,728
Fox Corp.
4.71%, 01/25/29 (a) 450,000 441,967
3.50%, 04/08/30 (a) 100,000 90,894
Interpublic Group of Cos., Inc.
4.65%, 10/01/28 (a) 200,000 198,062
4.75%, 03/30/30 (a) 100,000 98,422
2.40%, 03/01/31 (a) 100,000 81,246
Koninklijke KPN N.V.
8.38%, 10/01/30 150,000 179,912
Magallanes, Inc.
4.05%, 03/15/29 (a)(d) 150,000 137,700
4.28%, 03/15/32 (a)(d) 1,325,000 1,184,523
Omnicom Group, Inc.
2.45%, 04/30/30 (a) 225,000 190,089
4.20%, 06/01/30 (a) 125,000 119,598
2.60%, 08/01/31 (a) 150,000 125,958
Orange S.A.
9.00%, 03/01/31 625,000 807,450
Rogers Communications, Inc.
3.80%, 03/15/32 (a)(d) 400,000 366,892
Take-Two Interactive Software, Inc.
4.00%, 04/14/32 (a) 125,000 117,550
TCI Communications, Inc.
7.13%, 02/15/28 300,000 339,591
Telefonica Europe BV
8.25%, 09/15/30 300,000 359,442
TELUS Corp.
3.70%, 09/15/27 (a) 75,000 73,924
3.40%, 05/13/32 (a) 200,000 179,924
T-Mobile USA, Inc.
2.05%, 02/15/28 (a) 350,000 304,587
2.40%, 03/15/29 (a) 150,000 129,770
3.88%, 04/15/30 (a)(g) 1,675,000 1,564,383
2.55%, 02/15/31 (a) 500,000 421,015
2.25%, 11/15/31 (a) 275,000 223,525
2.70%, 03/15/32 (a) 250,000 210,049
TWDC Enterprises 18 Corp.
7.00%, 03/01/32 150,000 178,464
Verizon Communications, Inc.
2.10%, 03/22/28 (a) 600,000 533,142
4.33%, 09/21/28 935,000 930,867
3.88%, 02/08/29 (a) 125,000 121,029
4.02%, 12/03/29 (a) 1,000,000 970,780
3.15%, 03/22/30 (a) 275,000 250,195
1.50%, 09/18/30 (a) 225,000 180,142
1.68%, 10/30/30 (a) 350,000 281,970
7.75%, 12/01/30 225,000 271,606
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.75%, 01/20/31 (a) 625,000 502,587
2.55%, 03/21/31 (a) 1,025,000 877,502
2.36%, 03/15/32 (a) 1,150,000 954,580
ViacomCBS, Inc.
3.38%, 02/15/28 (a) 150,000 137,907
3.70%, 06/01/28 (a) 250,000 233,360
4.20%, 06/01/29 (a) 100,000 94,294
7.88%, 07/30/30 275,000 315,538
4.95%, 01/15/31 (a) 275,000 262,130
Vodafone Group PLC
4.38%, 05/30/28 800,000 795,864
7.88%, 02/15/30 125,000 147,478
Walt Disney Co.
2.20%, 01/13/28 300,000 272,130
2.00%, 09/01/29 (a) 350,000 301,105
3.80%, 03/22/30 425,000 410,762
2.65%, 01/13/31 500,000 440,420
Weibo Corp.
3.38%, 07/08/30 (a) 200,000 164,846
    32,524,384
Consumer Cyclical 7.5%
Advance Auto Parts, Inc.
1.75%, 10/01/27 (a) 50,000 42,456
3.90%, 04/15/30 (a) 100,000 91,233
3.50%, 03/15/32 (a) 150,000 128,751
Alibaba Group Holding Ltd.
3.40%, 12/06/27 (a) 500,000 478,075
2.13%, 02/09/31 (a) 425,000 352,367
Amazon.com, Inc.
3.15%, 08/22/27 (a) 600,000 584,676
1.65%, 05/12/28 (a) 575,000 510,623
3.45%, 04/13/29 (a) 350,000 341,176
1.50%, 06/03/30 (a) 550,000 458,221
2.10%, 05/12/31 (a) 750,000 643,125
3.60%, 04/13/32 (a) 600,000 578,634
American Honda Finance Corp.
3.50%, 02/15/28 191,000 184,787
2.25%, 01/12/29 150,000 132,746
1.80%, 01/13/31 125,000 102,876
Aptiv PLC
4.35%, 03/15/29 (a) 50,000 47,477
3.25%, 03/01/32 (a) 100,000 85,064
AutoNation, Inc.
3.80%, 11/15/27 (a) 75,000 70,773
1.95%, 08/01/28 (a) 100,000 83,562
4.75%, 06/01/30 (a) 75,000 70,574
2.40%, 08/01/31 (a) 300,000 231,084
3.85%, 03/01/32 (a) 75,000 64,723
AutoZone, Inc.
3.75%, 04/18/29 (a) 225,000 212,706
4.00%, 04/15/30 (a) 50,000 47,532
1.65%, 01/15/31 (a) 150,000 117,717
Best Buy Co., Inc.
4.45%, 10/01/28 (a) 50,000 49,322
1.95%, 10/01/30 (a) 250,000 198,772
Block Financial LLC
2.50%, 07/15/28 (a) 200,000 174,098
3.88%, 08/15/30 (a) 100,000 90,897
Booking Holdings, Inc.
3.55%, 03/15/28 (a) 75,000 72,353
4.63%, 04/13/30 (a) 325,000 323,693
BorgWarner, Inc.
2.65%, 07/01/27 (a) 200,000 182,076
 
150
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
CBRE Services, Inc.
2.50%, 04/01/31 (a) 150,000 121,746
Choice Hotels International, Inc.
3.70%, 12/01/29 (a) 130,000 115,255
3.70%, 01/15/31 (a) 100,000 88,066
Costco Wholesale Corp.
1.60%, 04/20/30 (a) 425,000 358,640
1.75%, 04/20/32 (a) 250,000 206,157
Cummins, Inc.
1.50%, 09/01/30 (a) 225,000 182,529
Daimler Finance North America LLC
8.50%, 01/18/31 400,000 507,040
Dick's Sporting Goods, Inc.
3.15%, 01/15/32 (a) 225,000 178,400
Dollar General Corp.
4.13%, 05/01/28 (a) 50,000 48,839
3.50%, 04/03/30 (a) 300,000 276,576
Dollar Tree, Inc.
4.20%, 05/15/28 (a) 275,000 267,410
2.65%, 12/01/31 (a) 150,000 123,825
DR Horton, Inc.
1.40%, 10/15/27 (a) 100,000 83,725
eBay, Inc.
2.70%, 03/11/30 (a) 425,000 362,937
2.60%, 05/10/31 (a) 100,000 83,182
Expedia Group, Inc.
4.63%, 08/01/27 (a) 225,000 216,583
3.80%, 02/15/28 (a) 375,000 342,150
3.25%, 02/15/30 (a) 275,000 228,654
2.95%, 03/15/31 (a) 150,000 119,805
General Motors Co.
4.20%, 10/01/27 (a) 125,000 118,755
6.80%, 10/01/27 (a) 150,000 157,875
5.00%, 10/01/28 (a) 430,000 417,461
General Motors Financial Co., Inc.
2.70%, 08/20/27 (a) 100,000 87,923
2.40%, 04/10/28 (a) 375,000 317,527
2.40%, 10/15/28 (a) 250,000 207,665
5.65%, 01/17/29 (a) 100,000 99,779
3.60%, 06/21/30 (a) 500,000 433,580
2.35%, 01/08/31 (a) 225,000 174,870
2.70%, 06/10/31 (a) 275,000 217,954
3.10%, 01/12/32 (a) 325,000 261,345
Genuine Parts Co.
1.88%, 11/01/30 (a) 75,000 59,310
2.75%, 02/01/32 (a) 100,000 83,028
GLP Capital LP/GLP Financing II, Inc.
5.75%, 06/01/28 (a) 130,000 127,147
5.30%, 01/15/29 (a) 200,000 190,604
4.00%, 01/15/30 (a) 175,000 154,289
4.00%, 01/15/31 (a) 150,000 130,313
3.25%, 01/15/32 (a) 200,000 160,696
Home Depot, Inc.
2.80%, 09/14/27 (a) 380,000 362,661
0.90%, 03/15/28 (a) 100,000 85,270
1.50%, 09/15/28 (a) 200,000 174,546
3.90%, 12/06/28 (a) 350,000 350,416
2.95%, 06/15/29 (a) 319,000 298,523
2.70%, 04/15/30 (a) 200,000 181,652
1.38%, 03/15/31 (a) 350,000 282,618
1.88%, 09/15/31 (a) 225,000 187,596
3.25%, 04/15/32 (a) 275,000 256,844
Honda Motor Co., Ltd.
2.97%, 03/10/32 (a) 250,000 224,800
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Hyatt Hotels Corp.
4.38%, 09/15/28 (a) 110,000 104,067
6.00%, 04/23/30 (a) 150,000 151,593
JD.com, Inc.
3.38%, 01/14/30 (a) 200,000 183,264
Kohl's Corp.
3.38%, 05/01/31 (a) 150,000 130,544
Lear Corp.
3.80%, 09/15/27 (a) 160,000 151,334
4.25%, 05/15/29 (a) 25,000 23,183
3.50%, 05/30/30 (a) 300,000 261,636
Lennar Corp.
5.00%, 06/15/27 (a) 75,000 74,420
4.75%, 11/29/27 (a) 150,000 146,148
Lowe's Cos., Inc.
1.30%, 04/15/28 (a) 150,000 127,013
1.70%, 09/15/28 (a) 150,000 127,964
6.50%, 03/15/29 97,000 107,996
3.65%, 04/05/29 (a) 400,000 378,388
4.50%, 04/15/30 (a) 175,000 173,245
1.70%, 10/15/30 (a) 375,000 301,541
2.63%, 04/01/31 (a) 500,000 428,920
3.75%, 04/01/32 (a) 350,000 325,097
Magna International, Inc.
2.45%, 06/15/30 (a) 200,000 170,858
Marriott International, Inc.
4.00%, 04/15/28 (a) 125,000 119,289
4.65%, 12/01/28 (a) 225,000 221,092
4.63%, 06/15/30 (a) 225,000 215,118
2.85%, 04/15/31 (a) 50,000 41,505
McDonald's Corp.
3.50%, 07/01/27 (a) 200,000 195,984
3.80%, 04/01/28 (a) 250,000 245,765
2.63%, 09/01/29 (a) 500,000 448,685
2.13%, 03/01/30 (a) 100,000 85,813
3.60%, 07/01/30 (a) 100,000 95,258
MDC Holdings, Inc.
3.85%, 01/15/30 (a) 150,000 125,012
2.50%, 01/15/31 (a) 100,000 74,319
NIKE, Inc.
2.85%, 03/27/30 (a) 350,000 321,531
NVR, Inc.
3.00%, 05/15/30 (a)(h) 200,000 172,108
O'Reilly Automotive, Inc.
3.60%, 09/01/27 (a) 225,000 217,640
4.35%, 06/01/28 (a) 200,000 199,096
3.90%, 06/01/29 (a) 150,000 142,227
4.20%, 04/01/30 (a) 125,000 120,693
4.70%, 06/15/32 (a) 200,000 199,480
Ralph Lauren Corp.
2.95%, 06/15/30 (a) 125,000 110,303
Ross Stores, Inc.
1.88%, 04/15/31 (a) 175,000 138,693
Starbucks Corp.
3.50%, 03/01/28 (a) 75,000 72,041
4.00%, 11/15/28 (a) 136,000 133,007
3.55%, 08/15/29 (a) 375,000 352,136
2.25%, 03/12/30 (a) 175,000 148,321
2.55%, 11/15/30 (a) 255,000 217,783
3.00%, 02/14/32 (a) 250,000 217,537
Tapestry, Inc.
4.13%, 07/15/27 (a) 120,000 115,571
3.05%, 03/15/32 (a) 150,000 122,318
 
151
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See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Target Corp.
3.38%, 04/15/29 (a) 200,000 192,488
2.35%, 02/15/30 (a) 150,000 132,695
2.65%, 09/15/30 (a) 150,000 134,864
TJX Cos., Inc.
1.15%, 05/15/28 (a) 150,000 127,722
3.88%, 04/15/30 (a) 100,000 97,803
1.60%, 05/15/31 (a) 50,000 40,369
Toll Brothers Finance Corp.
4.35%, 02/15/28 (a) 150,000 136,165
3.80%, 11/01/29 (a) 75,000 64,121
Toyota Motor Corp.
3.67%, 07/20/28 150,000 147,324
2.76%, 07/02/29 100,000 91,518
Toyota Motor Credit Corp.
1.15%, 08/13/27 200,000 174,244
3.05%, 01/11/28 150,000 142,339
3.65%, 01/08/29 125,000 121,558
2.15%, 02/13/30 300,000 260,286
3.38%, 04/01/30 250,000 235,665
1.90%, 09/12/31 200,000 164,938
2.40%, 01/13/32 150,000 128,897
Tractor Supply Co.
1.75%, 11/01/30 (a) 125,000 98,391
VF Corp.
2.95%, 04/23/30 (a) 150,000 131,447
VICI Properties LP
4.75%, 02/15/28 (a) 200,000 191,188
4.95%, 02/15/30 (a) 200,000 189,422
5.13%, 05/15/32 (a) 400,000 377,832
Walgreens Boots Alliance, Inc.
3.20%, 04/15/30 (a) 100,000 88,356
Walmart, Inc.
3.70%, 06/26/28 (a) 350,000 348,915
1.50%, 09/22/28 (a) 300,000 263,322
3.25%, 07/08/29 (a) 175,000 168,873
2.38%, 09/24/29 (a) 325,000 295,981
1.80%, 09/22/31 (a) 375,000 318,952
    29,569,946
Consumer Non-Cyclical 13.6%
Abbott Laboratories
1.15%, 01/30/28 (a) 125,000 109,026
1.40%, 06/30/30 (a) 200,000 167,168
AbbVie, Inc.
4.25%, 11/14/28 (a) 500,000 494,845
3.20%, 11/21/29 (a) 1,175,000 1,081,117
Adventist Health System
2.95%, 03/01/29 (a) 75,000 68,867
Advocate Health & Hospitals Corp.
3.83%, 08/15/28 (a) 130,000 128,297
2.21%, 06/15/30 (a) 75,000 64,821
Agilent Technologies, Inc.
2.75%, 09/15/29 (a) 100,000 87,721
2.10%, 06/04/30 (a) 50,000 40,783
2.30%, 03/12/31 (a) 150,000 122,292
Ahold Finance USA LLC
6.88%, 05/01/29 125,000 139,580
Altria Group, Inc.
4.80%, 02/14/29 (a) 500,000 474,425
3.40%, 05/06/30 (a) 125,000 106,679
2.45%, 02/04/32 (a) 450,000 339,349
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
AmerisourceBergen Corp.
3.45%, 12/15/27 (a) 125,000 120,500
2.80%, 05/15/30 (a) 150,000 131,225
2.70%, 03/15/31 (a) 200,000 171,468
Amgen, Inc.
3.20%, 11/02/27 (a) 300,000 287,226
1.65%, 08/15/28 (a) 200,000 171,826
3.00%, 02/22/29 (a) 250,000 230,920
2.45%, 02/21/30 (a) 200,000 174,762
2.30%, 02/25/31 (a) 350,000 297,703
2.00%, 01/15/32 (a) 350,000 285,414
3.35%, 02/22/32 (a) 200,000 183,274
Anheuser-Busch InBev Worldwide, Inc.
4.00%, 04/13/28 (a) 600,000 592,722
4.75%, 01/23/29 (a) 945,000 964,269
3.50%, 06/01/30 (a) 500,000 469,500
4.90%, 01/23/31 (a) 150,000 154,203
Archer-Daniels-Midland Co.
3.25%, 03/27/30 (a) 200,000 188,586
2.90%, 03/01/32 (a) 150,000 135,882
Ascension Health
2.53%, 11/15/29 (a) 250,000 226,032
Astrazeneca Finance LLC
1.75%, 05/28/28 (a) 150,000 132,429
2.25%, 05/28/31 (a) 150,000 130,685
AstraZeneca PLC
3.13%, 06/12/27 (a) 180,000 173,590
4.00%, 01/17/29 (a) 400,000 398,828
1.38%, 08/06/30 (a) 250,000 205,165
Banner Health
2.34%, 01/01/30 (a) 75,000 66,400
1.90%, 01/01/31 (a) 100,000 83,202
BAT Capital Corp.
3.56%, 08/15/27 (a) 600,000 549,828
2.26%, 03/25/28 (a) 475,000 398,059
3.46%, 09/06/29 (a) 325,000 279,107
4.91%, 04/02/30 (a) 275,000 255,709
2.73%, 03/25/31 (a) 225,000 177,908
4.74%, 03/16/32 (a) 250,000 222,602
BAT International Finance PLC
4.45%, 03/16/28 (a) 250,000 236,890
Baxter International, Inc.
2.27%, 12/01/28 (a) 150,000 131,478
3.95%, 04/01/30 (a) 125,000 120,079
1.73%, 04/01/31 (a) 100,000 78,872
2.54%, 02/01/32 (a) 300,000 253,248
Baylor Scott & White Holdings
1.78%, 11/15/30 (a) 50,000 41,124
Becton Dickinson & Co.
2.82%, 05/20/30 (a) 200,000 175,934
1.96%, 02/11/31 (a) 100,000 80,964
Biogen, Inc.
2.25%, 05/01/30 (a) 400,000 328,344
Bio-Rad Laboratories, Inc.
3.70%, 03/15/32 (a) 100,000 88,943
Bon Secours Mercy Health, Inc.
3.46%, 06/01/30 (a) 125,000 116,719
2.10%, 06/01/31 (a) 100,000 82,990
Boston Scientific Corp.
2.65%, 06/01/30 (a) 225,000 196,578
Bristol-Myers Squibb Co.
1.13%, 11/13/27 (a) 235,000 206,878
3.90%, 02/20/28 (a) 250,000 250,760
3.40%, 07/26/29 (a) 625,000 604,219
 
152
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
1.45%, 11/13/30 (a) 400,000 329,172
2.95%, 03/15/32 (a) 425,000 390,503
Brunswick Corp.
2.40%, 08/18/31 (a) 200,000 148,192
Bunge Ltd. Finance Corp.
3.75%, 09/25/27 (a) 100,000 96,286
2.75%, 05/14/31 (a) 225,000 185,864
Campbell Soup Co.
4.15%, 03/15/28 (a) 175,000 171,493
2.38%, 04/24/30 (a) 150,000 126,771
Cedars-Sinai Health System
2.29%, 08/15/31 (a) 100,000 85,775
CHRISTUS Health
4.34%, 07/01/28 (a) 50,000 50,230
Church & Dwight Co., Inc.
3.15%, 08/01/27 (a) 25,000 23,968
2.30%, 12/15/31 (a) 150,000 126,723
Cigna Corp.
3.05%, 10/15/27 (a) 250,000 235,505
4.38%, 10/15/28 (a) 875,000 868,192
2.40%, 03/15/30 (a) 300,000 258,153
2.38%, 03/15/31 (a) 350,000 295,991
Clorox Co.
3.10%, 10/01/27 (a) 200,000 191,302
3.90%, 05/15/28 (a) 50,000 49,083
1.80%, 05/15/30 (a) 100,000 81,840
4.60%, 05/01/32 (a) 200,000 200,890
Coca-Cola Co.
1.00%, 03/15/28 600,000 517,854
2.13%, 09/06/29 175,000 156,300
3.45%, 03/25/30 250,000 242,715
1.65%, 06/01/30 300,000 254,430
2.00%, 03/05/31 175,000 150,729
1.38%, 03/15/31 325,000 264,914
2.25%, 01/05/32 500,000 436,155
Coca-Cola Femsa S.A.B. de C.V.
2.75%, 01/22/30 (a) 350,000 314,398
CommonSpirit Health
3.35%, 10/01/29 (a) 145,000 133,639
2.78%, 10/01/30 (a) 225,000 194,069
Conagra Brands, Inc.
1.38%, 11/01/27 (a) 250,000 208,820
7.00%, 10/01/28 150,000 161,790
4.85%, 11/01/28 (a) 175,000 172,660
8.25%, 09/15/30 175,000 205,329
Constellation Brands, Inc.
3.60%, 02/15/28 (a) 250,000 237,297
4.65%, 11/15/28 (a) 125,000 123,826
3.15%, 08/01/29 (a) 75,000 67,639
2.88%, 05/01/30 (a) 125,000 108,873
2.25%, 08/01/31 (a) 200,000 162,304
4.75%, 05/09/32 (a) 300,000 296,703
CVS Health Corp.
6.25%, 06/01/27 300,000 322,515
1.30%, 08/21/27 (a) 600,000 517,218
4.30%, 03/25/28 (a) 932,000 923,817
3.25%, 08/15/29 (a) 350,000 319,917
3.75%, 04/01/30 (a) 350,000 327,687
1.75%, 08/21/30 (a) 275,000 220,883
1.88%, 02/28/31 (a) 250,000 200,522
2.13%, 09/15/31 (a) 300,000 243,186
DENTSPLY SIRONA, Inc.
3.25%, 06/01/30 (a) 200,000 168,982
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
DH Europe Finance II Sarl
2.60%, 11/15/29 (a) 200,000 179,466
Diageo Capital PLC
3.88%, 05/18/28 (a) 400,000 397,836
2.00%, 04/29/30 (a) 425,000 363,528
Edwards Lifesciences Corp.
4.30%, 06/15/28 (a) 175,000 170,996
Eli Lilly & Co.
3.38%, 03/15/29 (a) 200,000 195,022
Estee Lauder Cos., Inc.
2.38%, 12/01/29 (a) 200,000 178,238
2.60%, 04/15/30 (a) 150,000 134,894
1.95%, 03/15/31 (a) 125,000 105,625
Flowers Foods, Inc.
2.40%, 03/15/31 (a) 100,000 82,190
General Mills, Inc.
4.20%, 04/17/28 (a) 275,000 272,775
2.88%, 04/15/30 (a) 125,000 110,689
2.25%, 10/14/31 (a) 200,000 164,332
Gilead Sciences, Inc.
1.20%, 10/01/27 (a) 175,000 150,775
1.65%, 10/01/30 (a) 250,000 204,862
GlaxoSmithKline Capital PLC
3.38%, 06/01/29 (a) 250,000 241,485
GlaxoSmithKline Capital, Inc.
3.88%, 05/15/28 425,000 423,457
GSK Consumer Healthcare Capital US LLC
3.38%, 03/24/29 (a)(d) 250,000 234,177
3.63%, 03/24/32 (a)(d) 400,000 369,324
Hasbro, Inc.
3.50%, 09/15/27 (a) 105,000 99,203
3.90%, 11/19/29 (a) 255,000 234,506
HCA, Inc.
5.63%, 09/01/28 (a) 350,000 344,774
5.88%, 02/01/29 (a) 250,000 250,477
4.13%, 06/15/29 (a) 300,000 274,005
3.50%, 09/01/30 (a) 700,000 597,513
2.38%, 07/15/31 (a) 300,000 232,752
3.63%, 03/15/32 (a)(d) 625,000 528,381
Hershey Co.
2.45%, 11/15/29 (a) 75,000 67,328
1.70%, 06/01/30 (a) 75,000 63,067
Hormel Foods Corp.
1.70%, 06/03/28 (a) 100,000 88,417
1.80%, 06/11/30 (a) 200,000 167,926
Illumina, Inc.
2.55%, 03/23/31 (a) 150,000 122,108
Ingredion, Inc.
2.90%, 06/01/30 (a) 125,000 108,774
JM Smucker Co.
3.38%, 12/15/27 (a) 75,000 71,705
2.38%, 03/15/30 (a) 100,000 85,098
2.13%, 03/15/32 (a) 100,000 80,519
Johnson & Johnson
0.95%, 09/01/27 (a) 325,000 286,656
2.90%, 01/15/28 (a) 300,000 290,214
6.95%, 09/01/29 87,000 107,750
1.30%, 09/01/30 (a) 425,000 358,636
Kellogg Co.
3.40%, 11/15/27 (a) 300,000 286,866
4.30%, 05/15/28 (a) 75,000 74,924
2.10%, 06/01/30 (a) 100,000 83,092
7.45%, 04/01/31 100,000 115,750
 
153
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Keurig Dr Pepper, Inc.
3.43%, 06/15/27 (a) 75,000 71,728
4.60%, 05/25/28 (a) 300,000 300,483
3.20%, 05/01/30 (a) 350,000 313,274
2.25%, 03/15/31 (a) 75,000 61,772
4.05%, 04/15/32 (a) 250,000 234,277
Kimberly-Clark Corp.
1.05%, 09/15/27 (a) 150,000 131,007
3.95%, 11/01/28 (a) 50,000 49,901
3.20%, 04/25/29 (a) 135,000 128,921
3.10%, 03/26/30 (a) 250,000 234,917
2.00%, 11/02/31 (a) 200,000 168,224
Kraft Heinz Foods Co.
4.63%, 01/30/29 (a) 150,000 148,436
3.75%, 04/01/30 (a) 150,000 138,737
4.25%, 03/01/31 (a) 75,000 71,402
6.75%, 03/15/32 100,000 112,482
Kroger Co.
3.70%, 08/01/27 (a) 250,000 243,550
4.50%, 01/15/29 (a) 125,000 124,395
2.20%, 05/01/30 (a) 100,000 84,459
1.70%, 01/15/31 (a) 150,000 119,595
Laboratory Corp. of America Holdings
3.60%, 09/01/27 (a) 125,000 120,661
2.95%, 12/01/29 (a) 200,000 176,036
2.70%, 06/01/31 (a) 100,000 84,209
McCormick & Co., Inc.
3.40%, 08/15/27 (a) 175,000 167,332
2.50%, 04/15/30 (a) 200,000 171,024
1.85%, 02/15/31 (a) 100,000 79,636
McKesson Corp.
3.95%, 02/16/28 (a) 25,000 24,396
Merck & Co., Inc.
1.90%, 12/10/28 (a) 200,000 177,878
3.40%, 03/07/29 (a) 350,000 339,125
1.45%, 06/24/30 (a) 250,000 207,735
2.15%, 12/10/31 (a) 400,000 344,588
Merck Sharp & Dohme Corp.
5.95%, 12/01/28 225,000 248,465
Mercy Health
4.30%, 07/01/28 (a) 50,000 50,401
Mondelez International, Inc.
4.13%, 05/07/28 (a) 75,000 75,434
2.75%, 04/13/30 (a) 175,000 153,865
1.50%, 02/04/31 (a) 350,000 275,313
Mylan, Inc.
4.55%, 04/15/28 (a) 175,000 166,980
Novartis Capital Corp.
2.20%, 08/14/30 (a) 375,000 331,095
Ochsner LSU Health System of North Louisiana
2.51%, 05/15/31 (a) 125,000 101,221
OhioHealth Corp.
2.30%, 11/15/31 (a) 150,000 129,257
PepsiCo, Inc.
3.00%, 10/15/27 (a) 500,000 487,155
2.63%, 07/29/29 (a) 250,000 231,745
2.75%, 03/19/30 (a) 325,000 299,523
1.63%, 05/01/30 (a) 325,000 275,977
1.40%, 02/25/31 (a) 150,000 123,345
1.95%, 10/21/31 (a) 275,000 234,608
PerkinElmer, Inc.
3.30%, 09/15/29 (a) 300,000 264,312
2.55%, 03/15/31 (a) 100,000 81,921
2.25%, 09/15/31 (a) 200,000 158,412
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Pfizer, Inc.
3.60%, 09/15/28 (a) 200,000 199,178
3.45%, 03/15/29 (a) 350,000 340,994
2.63%, 04/01/30 (a) 200,000 182,710
1.70%, 05/28/30 (a) 200,000 170,734
1.75%, 08/18/31 (a) 375,000 313,909
Pharmacia LLC
6.60%, 12/01/28 250,000 282,820
Philip Morris International, Inc.
3.13%, 08/17/27 (a) 57,000 53,562
3.13%, 03/02/28 (a) 100,000 91,498
3.38%, 08/15/29 (a) 125,000 112,858
2.10%, 05/01/30 (a) 325,000 265,960
1.75%, 11/01/30 (a) 125,000 96,959
Piedmont Healthcare, Inc.
2.04%, 01/01/32 (a) 100,000 82,649
Procter & Gamble Co.
2.85%, 08/11/27 125,000 121,258
3.00%, 03/25/30 475,000 448,552
1.20%, 10/29/30 275,000 225,126
1.95%, 04/23/31 175,000 151,512
2.30%, 02/01/32 250,000 222,172
Providence St Joseph Health Obligated Group
2.53%, 10/01/29 (a) 200,000 177,442
Quest Diagnostics, Inc.
4.20%, 06/30/29 (a) 200,000 194,526
2.95%, 06/30/30 (a) 150,000 132,318
2.80%, 06/30/31 (a) 100,000 85,941
Regeneron Pharmaceuticals, Inc.
1.75%, 09/15/30 (a) 350,000 281,109
Royalty Pharma PLC
1.75%, 09/02/27 (a) 175,000 149,384
2.20%, 09/02/30 (a) 275,000 222,065
2.15%, 09/02/31 (a) 150,000 117,312
Rush Obligated Group
3.92%, 11/15/29 (a) 75,000 72,251
Sanofi
3.63%, 06/19/28 (a) 175,000 172,846
Smith & Nephew PLC
2.03%, 10/14/30 (a) 275,000 218,606
SSM Health Care Corp.
3.82%, 06/01/27 (a) 100,000 99,630
Stanford Health Care
3.31%, 08/15/30 (a) 100,000 92,699
STERIS Irish FinCo Unlimited Co.
2.70%, 03/15/31 (a) 175,000 147,975
Stryker Corp.
3.65%, 03/07/28 (a) 250,000 242,477
1.95%, 06/15/30 (a) 125,000 104,098
Sutter Health
3.70%, 08/15/28 (a) 150,000 146,639
2.29%, 08/15/30 (a) 175,000 150,385
Sysco Corp.
3.25%, 07/15/27 (a) 125,000 119,046
2.40%, 02/15/30 (a) 90,000 77,063
5.95%, 04/01/30 (a) 175,000 186,904
2.45%, 12/14/31 (a) 200,000 166,338
Takeda Pharmaceutical Co., Ltd.
5.00%, 11/26/28 (a) 550,000 561,192
2.05%, 03/31/30 (a) 500,000 418,345
Thermo Fisher Scientific, Inc.
1.75%, 10/15/28 (a) 150,000 131,343
2.60%, 10/01/29 (a) 50,000 45,375
2.00%, 10/15/31 (a) 400,000 335,824
 
154
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Toledo Hospital
5.33%, 11/15/28 100,000 94,208
Tyson Foods, Inc.
4.35%, 03/01/29 (a) 350,000 346,916
Unilever Capital Corp.
3.50%, 03/22/28 (a) 300,000 293,868
2.13%, 09/06/29 (a) 200,000 176,322
1.38%, 09/14/30 (a) 100,000 81,426
1.75%, 08/12/31 (a) 250,000 206,310
Universal Health Services, Inc.
2.65%, 10/15/30 (a)(d) 225,000 180,135
2.65%, 01/15/32 (a)(d) 100,000 77,730
Viatris, Inc.
2.70%, 06/22/30 (a) 350,000 281,466
Whirlpool Corp.
4.75%, 02/26/29 (a) 90,000 89,890
2.40%, 05/15/31 (a) 175,000 146,244
Zimmer Biomet Holdings, Inc.
2.60%, 11/24/31 (a) 200,000 163,556
Zoetis, Inc.
3.00%, 09/12/27 (a) 125,000 118,043
3.90%, 08/20/28 (a) 250,000 242,560
2.00%, 05/15/30 (a) 100,000 83,813
    53,962,510
Energy 6.3%
Baker Hughes a GE Co., LLC/Baker Hughes Co-Obligor, Inc.
3.34%, 12/15/27 (a) 325,000 307,599
3.14%, 11/07/29 (a) 100,000 90,560
4.49%, 05/01/30 (a) 175,000 173,308
Boardwalk Pipelines LP
4.45%, 07/15/27 (a) 75,000 72,779
4.80%, 05/03/29 (a) 50,000 48,598
3.40%, 02/15/31 (a) 200,000 171,430
BP Capital Markets America, Inc.
3.94%, 09/21/28 (a) 250,000 244,602
4.23%, 11/06/28 (a) 425,000 422,709
3.63%, 04/06/30 (a) 250,000 237,092
1.75%, 08/10/30 (a) 200,000 164,848
2.72%, 01/12/32 (a) 475,000 409,573
BP Capital Markets PLC
3.28%, 09/19/27 (a) 493,000 472,614
3.72%, 11/28/28 (a) 150,000 145,383
Burlington Resources LLC
7.20%, 08/15/31 100,000 119,000
7.40%, 12/01/31 100,000 120,919
Canadian Natural Resources Ltd.
3.85%, 06/01/27 (a) 200,000 192,186
2.95%, 07/15/30 (a) 125,000 109,918
Cenovus Energy, Inc.
4.40%, 04/15/29 (a) 125,000 120,535
2.65%, 01/15/32 (a) 150,000 124,539
Cheniere Corpus Christi Holdings LLC
3.70%, 11/15/29 (a) 450,000 413,478
Chevron Corp.
2.24%, 05/11/30 (a) 375,000 330,352
Chevron USA, Inc.
1.02%, 08/12/27 (a) 200,000 174,794
3.85%, 01/15/28 (a) 75,000 74,627
3.25%, 10/15/29 (a) 200,000 189,612
Conoco Funding Co.
7.25%, 10/15/31 125,000 148,579
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
ConocoPhillips Co.
6.95%, 04/15/29 250,000 286,370
Continental Resources, Inc.
4.38%, 01/15/28 (a) 225,000 211,792
Coterra Energy, Inc.
4.38%, 03/15/29 (a)(d) 145,000 142,850
Devon Energy Corp.
5.25%, 10/15/27 (a) 100,000 100,867
5.88%, 06/15/28 (a)(d) 54,000 54,948
4.50%, 01/15/30 (a) 180,000 169,956
7.88%, 09/30/31 100,000 117,604
7.95%, 04/15/32 150,000 177,978
Diamondback Energy, Inc.
3.50%, 12/01/29 (a) 225,000 206,455
3.13%, 03/24/31 (a) 125,000 108,913
Eastern Gas Transmission & Storage, Inc.
3.00%, 11/15/29 (a)(d) 125,000 113,356
Enable Midstream Partners LP
4.95%, 05/15/28 (a) 250,000 245,015
4.15%, 09/15/29 (a) 135,000 123,966
Enbridge, Inc.
3.70%, 07/15/27 (a) 125,000 119,949
3.13%, 11/15/29 (a) 175,000 158,723
Energy Transfer Operating LP
5.50%, 06/01/27 (a) 150,000 152,400
4.95%, 06/15/28 (a) 175,000 172,582
5.25%, 04/15/29 (a) 525,000 520,837
3.75%, 05/15/30 (a) 300,000 270,489
Eni USA, Inc.
7.30%, 11/15/27 50,000 55,977
Enterprise Products Operating LLC
4.15%, 10/16/28 (a) 175,000 170,919
3.13%, 07/31/29 (a) 235,000 211,688
2.80%, 01/31/30 (a) 375,000 328,789
5.25%, 08/16/77 (a)(b) 225,000 189,911
5.38%, 02/15/78 (a)(b) 200,000 160,404
EOG Resources, Inc.
4.38%, 04/15/30 (a) 225,000 226,181
EQT Corp.
3.90%, 10/01/27 (a) 200,000 187,320
5.00%, 01/15/29 (a) 100,000 96,894
7.50%, 02/01/30 (a)(f) 150,000 161,409
Exxon Mobil Corp.
2.44%, 08/16/29 (a) 300,000 270,138
3.48%, 03/19/30 (a) 500,000 479,670
2.61%, 10/15/30 (a) 400,000 359,572
Halliburton Co.
2.92%, 03/01/30 (a) 175,000 155,304
Helmerich and Payne, Inc.
2.90%, 09/29/31 (a) 100,000 85,778
Hess Corp.
7.88%, 10/01/29 130,000 150,041
7.30%, 08/15/31 175,000 196,210
HF Sinclair Corp.
4.50%, 10/01/30 (a)(d) 100,000 91,133
Kinder Morgan Energy Partners LP
7.75%, 03/15/32 150,000 172,728
Kinder Morgan, Inc.
4.30%, 03/01/28 (a) 275,000 268,386
2.00%, 02/15/31 (a) 150,000 120,069
7.80%, 08/01/31 200,000 233,042
7.75%, 01/15/32 200,000 233,470
 
155
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Magellan Midstream Partners LP
3.25%, 06/01/30 (a) 100,000 88,750
Marathon Oil Corp.
4.40%, 07/15/27 (a) 225,000 220,059
6.80%, 03/15/32 100,000 108,558
Marathon Petroleum Corp.
3.80%, 04/01/28 (a) 130,000 123,075
MPLX LP
4.25%, 12/01/27 (a) 175,000 168,912
4.00%, 03/15/28 (a) 200,000 189,938
4.80%, 02/15/29 (a) 125,000 123,281
2.65%, 08/15/30 (a) 350,000 292,348
National Fuel Gas Co.
3.95%, 09/15/27 (a) 100,000 93,594
4.75%, 09/01/28 (a) 100,000 98,271
2.95%, 03/01/31 (a) 125,000 101,758
NOV, Inc.
3.60%, 12/01/29 (a) 160,000 143,837
ONEOK, Inc.
4.00%, 07/13/27 (a) 175,000 168,907
4.55%, 07/15/28 (a) 175,000 169,405
4.35%, 03/15/29 (a) 125,000 117,868
3.40%, 09/01/29 (a) 125,000 110,545
3.10%, 03/15/30 (a) 225,000 193,525
6.35%, 01/15/31 (a) 105,000 110,076
Ovintiv, Inc.
8.13%, 09/15/30 150,000 170,607
7.20%, 11/01/31 150,000 163,845
7.38%, 11/01/31 50,000 55,230
Phillips 66
3.90%, 03/15/28 (a) 200,000 194,502
2.15%, 12/15/30 (a) 150,000 122,561
Phillips 66 Partners LP
3.75%, 03/01/28 (a) 75,000 71,445
3.15%, 12/15/29 (a)(d) 125,000 112,536
Pioneer Natural Resources Co.
1.90%, 08/15/30 (a) 250,000 204,292
2.15%, 01/15/31 (a) 225,000 185,557
Plains All American Pipeline LP/PAA Finance Corp.
3.55%, 12/15/29 (a) 175,000 154,730
3.80%, 09/15/30 (a) 250,000 221,575
Sabine Pass Liquefaction LLC
4.20%, 03/15/28 (a) 300,000 288,741
4.50%, 05/15/30 (a) 525,000 505,139
Schlumberger Investment S.A.
2.65%, 06/26/30 (a) 300,000 264,048
Shell International Finance BV
3.88%, 11/13/28 (a) 400,000 394,920
2.38%, 11/07/29 (a) 240,000 212,256
2.75%, 04/06/30 (a) 500,000 451,860
Suncor Energy, Inc.
7.15%, 02/01/32 175,000 199,097
Sunoco Logistics Partners Operations LP
4.00%, 10/01/27 (a) 175,000 165,650
Targa Resources Partners LP / Targa Resources Partners Finance Corp.
5.00%, 01/15/28 (a) 150,000 143,418
6.88%, 01/15/29 (a) 150,000 153,188
Targa Resources Partners LP/Targa Resources Partners Finance Corp.
6.50%, 07/15/27 (a) 250,000 255,802
5.50%, 03/01/30 (a) 200,000 190,584
4.88%, 02/01/31 (a) 250,000 228,327
4.00%, 01/15/32 (a) 250,000 214,595
Tennessee Gas Pipeline Co. LLC
7.00%, 10/15/28 100,000 109,038
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Tosco Corp.
8.13%, 02/15/30 150,000 183,302
TotalEnergies Capital International S.A.
3.46%, 02/19/29 (a) 450,000 429,426
2.83%, 01/10/30 (a) 210,000 190,564
TotalEnergies Capital S.A.
3.88%, 10/11/28 175,000 172,722
TransCanada PipeLines Ltd.
4.25%, 05/15/28 (a) 475,000 462,659
4.10%, 04/15/30 (a) 250,000 239,165
2.50%, 10/12/31 (a) 200,000 166,482
Transcontinental Gas Pipe Line Co. LLC
4.00%, 03/15/28 (a) 175,000 170,214
3.25%, 05/15/30 (a) 50,000 44,960
Valero Energy Corp.
2.15%, 09/15/27 (a) 100,000 89,257
4.35%, 06/01/28 (a) 150,000 146,168
4.00%, 04/01/29 (a) 275,000 260,067
2.80%, 12/01/31 (a) 225,000 189,169
7.50%, 04/15/32 100,000 115,881
Valero Energy Partners LP
4.50%, 03/15/28 (a) 150,000 148,154
Williams Cos., Inc.
3.50%, 11/15/30 (a) 325,000 293,368
2.60%, 03/15/31 (a) 350,000 293,555
8.75%, 03/15/32 175,000 222,000
    25,013,080
Industrial Other 0.2%
Emory University
2.14%, 09/01/30 (a) 250,000 219,160
Quanta Services, Inc.
2.90%, 10/01/30 (a) 325,000 267,728
2.35%, 01/15/32 (a) 125,000 96,786
Yale University
1.48%, 04/15/30 (a) 150,000 127,253
    710,927
Technology 9.7%
Adobe, Inc.
2.30%, 02/01/30 (a) 225,000 199,172
Advanced Micro Devices, Inc.
3.92%, 06/01/32 (a) 150,000 147,679
Alphabet, Inc.
0.80%, 08/15/27 (a) 200,000 173,814
1.10%, 08/15/30 (a) 400,000 328,504
Amdocs Ltd.
2.54%, 06/15/30 (a) 125,000 106,218
Analog Devices, Inc.
1.70%, 10/01/28 (a) 200,000 175,760
2.10%, 10/01/31 (a) 175,000 149,396
Apple Inc.
2.90%, 09/12/27 (a) 450,000 434,488
3.00%, 11/13/27 (a) 375,000 363,885
1.20%, 02/08/28 (a) 400,000 350,252
1.40%, 08/05/28 (a) 400,000 350,824
2.20%, 09/11/29 (a) 525,000 472,857
1.65%, 05/11/30 (a) 525,000 447,153
1.25%, 08/20/30 (a) 400,000 328,884
1.65%, 02/08/31 (a) 600,000 504,540
1.70%, 08/05/31 (a) 350,000 293,622
 
156
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Arrow Electronics, Inc.
3.88%, 01/12/28 (a) 75,000 71,514
2.95%, 02/15/32 (a) 50,000 41,716
Autodesk, Inc.
3.50%, 06/15/27 (a) 100,000 95,925
2.85%, 01/15/30 (a) 85,000 74,236
2.40%, 12/15/31 (a) 200,000 163,334
Automatic Data Processing, Inc.
1.70%, 05/15/28 (a) 300,000 270,306
1.25%, 09/01/30 (a) 250,000 204,405
Avnet, Inc.
3.00%, 05/15/31 (a) 100,000 82,619
Baidu, Inc.
3.63%, 07/06/27 200,000 193,020
4.38%, 03/29/28 (a) 200,000 197,510
3.43%, 04/07/30 (a) 200,000 183,688
2.38%, 10/09/30 (a) 200,000 169,072
Broadcom Corp./Broadcom Cayman Finance Ltd.
3.50%, 01/15/28 (a) 275,000 254,815
Broadcom, Inc.
1.95%, 02/15/28 (a)(d) 100,000 85,229
4.11%, 09/15/28 (a) 300,000 285,009
4.75%, 04/15/29 (a) 360,000 350,518
5.00%, 04/15/30 (a) 400,000 393,944
4.15%, 11/15/30 (a) 475,000 435,727
2.45%, 02/15/31 (a)(d) 450,000 361,953
4.15%, 04/15/32 (a)(d) 375,000 340,050
Broadridge Financial Solutions, Inc.
2.90%, 12/01/29 (a) 100,000 87,768
2.60%, 05/01/31 (a) 375,000 313,485
CDW LLC
4.25%, 04/01/28 (a) 150,000 136,257
3.25%, 02/15/29 (a) 200,000 168,652
CDW LLC/CDW Finance Corp.
3.28%, 12/01/28 (a) 200,000 172,832
3.57%, 12/01/31 (a) 225,000 186,367
CGI, Inc.
2.30%, 09/14/31 (a) 150,000 121,145
Citrix Systems, Inc.
4.50%, 12/01/27 (a) 100,000 99,063
3.30%, 03/01/30 (a) 175,000 171,222
Dell International LLC/EMC Corp.
6.10%, 07/15/27 (a) 50,000 52,451
5.30%, 10/01/29 (a) 330,000 325,667
6.20%, 07/15/30 (a) 175,000 182,192
Dell, Inc.
7.10%, 04/15/28 300,000 327,336
DXC Technology Co.
2.38%, 09/15/28 (a) 100,000 86,102
Equifax, Inc.
3.10%, 05/15/30 (a) 100,000 87,939
2.35%, 09/15/31 (a) 350,000 279,699
Equinix, Inc.
1.80%, 07/15/27 (a) 150,000 130,335
1.55%, 03/15/28 (a) 100,000 84,207
2.00%, 05/15/28 (a) 50,000 43,003
3.20%, 11/18/29 (a) 150,000 133,560
2.15%, 07/15/30 (a) 400,000 325,120
2.50%, 05/15/31 (a) 300,000 243,351
3.90%, 04/15/32 (a) 300,000 271,467
FactSet Research Systems, Inc.
3.45%, 03/01/32 (a) 125,000 109,838
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Fidelity National Information Services, Inc.
1.65%, 03/01/28 (a) 50,000 42,772
3.75%, 05/21/29 (a) 275,000 257,359
2.25%, 03/01/31 (a) 250,000 203,562
Fiserv, Inc.
4.20%, 10/01/28 (a) 175,000 169,283
3.50%, 07/01/29 (a) 900,000 821,187
2.65%, 06/01/30 (a) 175,000 148,202
Flex Ltd.
4.88%, 06/15/29 (a) 150,000 144,983
4.88%, 05/12/30 (a) 150,000 143,243
Fortinet, Inc.
2.20%, 03/15/31 (a) 150,000 122,040
Global Payments, Inc.
4.45%, 06/01/28 (a) 125,000 120,370
3.20%, 08/15/29 (a) 280,000 244,980
2.90%, 05/15/30 (a) 225,000 189,783
2.90%, 11/15/31 (a) 250,000 205,002
HP, Inc.
3.00%, 06/17/27 (a) 150,000 138,720
3.40%, 06/17/30 (a) 350,000 305,588
2.65%, 06/17/31 (a) 425,000 341,717
4.20%, 04/15/32 (a) 150,000 133,979
Intel Corp.
1.60%, 08/12/28 (a) 300,000 263,091
2.45%, 11/15/29 (a) 550,000 491,139
3.90%, 03/25/30 (a) 275,000 270,083
2.00%, 08/12/31 (a) 300,000 251,610
International Business Machines Corp.
6.22%, 08/01/27 125,000 136,884
6.50%, 01/15/28 135,000 149,604
3.50%, 05/15/29 625,000 592,250
1.95%, 05/15/30 (a) 500,000 420,410
2.72%, 02/09/32 (a) 100,000 86,860
Intuit, Inc.
1.35%, 07/15/27 (a) 150,000 131,522
1.65%, 07/15/30 (a) 100,000 82,438
Jabil, Inc.
3.95%, 01/12/28 (a) 100,000 95,690
3.60%, 01/15/30 (a) 60,000 53,563
3.00%, 01/15/31 (a) 125,000 104,833
Juniper Networks, Inc.
3.75%, 08/15/29 (a) 250,000 229,640
2.00%, 12/10/30 (a) 100,000 78,450
Keysight Technologies, Inc.
3.00%, 10/30/29 (a) 125,000 111,410
KLA Corp.
4.10%, 03/15/29 (a) 150,000 148,885
Kyndryl Holdings, Inc.
2.70%, 10/15/28 (a)(d) 125,000 99,676
3.15%, 10/15/31 (a)(d) 150,000 110,496
Lam Research Corp.
4.00%, 03/15/29 (a) 150,000 147,665
1.90%, 06/15/30 (a) 250,000 211,510
Leidos, Inc.
4.38%, 05/15/30 (a) 300,000 277,188
2.30%, 02/15/31 (a) 100,000 79,492
Marvell Technology, Inc.
2.45%, 04/15/28 (a) 125,000 109,100
4.88%, 06/22/28 (a) 50,000 49,418
2.95%, 04/15/31 (a) 150,000 125,546
Mastercard, Inc.
3.50%, 02/26/28 (a) 150,000 148,008
2.95%, 06/01/29 (a) 225,000 211,214
 
157
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
3.35%, 03/26/30 (a) 300,000 286,479
1.90%, 03/15/31 (a) 150,000 128,210
2.00%, 11/18/31 (a) 150,000 126,960
Maxim Integrated Products, Inc.
3.45%, 06/15/27 (a) 90,000 85,970
Micron Technology, Inc.
5.33%, 02/06/29 (a) 125,000 124,901
4.66%, 02/15/30 (a) 225,000 216,254
2.70%, 04/15/32 (a) 200,000 159,892
Moody's Corp.
3.25%, 01/15/28 (a) 225,000 213,048
4.25%, 02/01/29 (a) 50,000 49,747
2.00%, 08/19/31 (a) 100,000 81,742
Motorola Solutions, Inc.
4.60%, 02/23/28 (a) 300,000 293,016
4.60%, 05/23/29 (a) 25,000 23,888
2.30%, 11/15/30 (a) 375,000 293,647
2.75%, 05/24/31 (a) 200,000 162,190
NetApp, Inc.
2.38%, 06/22/27 (a) 150,000 136,251
2.70%, 06/22/30 (a) 175,000 147,766
NVIDIA Corp.
1.55%, 06/15/28 (a) 200,000 175,632
2.85%, 04/01/30 (a) 300,000 274,848
2.00%, 06/15/31 (a) 275,000 233,849
NXP BV/NXP Funding LLC
5.55%, 12/01/28 (a) 250,000 255,002
NXP BV/NXP Funding LLC/NXP USA, Inc.
4.30%, 06/18/29 (a) 275,000 264,718
3.40%, 05/01/30 (a) 250,000 222,995
2.50%, 05/11/31 (a) 250,000 206,135
2.65%, 02/15/32 (a) 200,000 164,526
Oracle Corp.
3.25%, 11/15/27 (a) 675,000 622,471
2.30%, 03/25/28 (a) 400,000 344,600
2.95%, 04/01/30 (a) 600,000 512,340
3.25%, 05/15/30 (a) 250,000 217,440
2.88%, 03/25/31 (a) 900,000 741,888
PayPal Holdings, Inc.
3.90%, 06/01/27 (a) 150,000 149,409
2.85%, 10/01/29 (a) 225,000 204,075
2.30%, 06/01/30 (a) 325,000 280,023
4.40%, 06/01/32 (a) 300,000 297,192
Qorvo, Inc.
4.38%, 10/15/29 (a) 225,000 198,502
QUALCOMM, Inc.
1.30%, 05/20/28 (a) 150,000 130,103
2.15%, 05/20/30 (a) 375,000 329,295
1.65%, 05/20/32 (a) 350,000 283,104
RELX Capital, Inc.
4.00%, 03/18/29 (a) 260,000 251,688
3.00%, 05/22/30 (a) 100,000 89,903
S&P Global, Inc.
4.75%, 08/01/28 (a)(d) 175,000 178,279
2.70%, 03/01/29 (a)(d) 250,000 227,740
4.25%, 05/01/29 (a)(d) 200,000 198,310
2.50%, 12/01/29 (a) 150,000 132,761
1.25%, 08/15/30 (a) 175,000 138,899
2.90%, 03/01/32 (a)(d) 375,000 334,361
salesforce.com, Inc.
3.70%, 04/11/28 (a) 350,000 346,125
1.50%, 07/15/28 (a) 225,000 196,686
1.95%, 07/15/31 (a) 275,000 234,154
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
ServiceNow, Inc.
1.40%, 09/01/30 (a) 350,000 274,277
Skyworks Solutions, Inc.
3.00%, 06/01/31 (a) 150,000 122,600
SYNNEX Corp.
2.38%, 08/09/28 (a)(d) 125,000 105,549
2.65%, 08/09/31 (a)(d) 125,000 101,045
Teledyne FLIR LLC
2.50%, 08/01/30 (a) 125,000 103,548
Tencent Music Entertainment Group
2.00%, 09/03/30 (a) 200,000 156,828
Texas Instruments, Inc.
2.90%, 11/03/27 (a) 150,000 143,624
2.25%, 09/04/29 (a) 150,000 133,883
1.75%, 05/04/30 (a) 125,000 107,026
1.90%, 09/15/31 (a) 150,000 127,497
Trimble, Inc.
4.90%, 06/15/28 (a) 150,000 145,689
TSMC Arizona Corp.
4.13%, 04/22/29 (a) 200,000 199,734
2.50%, 10/25/31 (a) 250,000 215,022
4.25%, 04/22/32 (a) 250,000 247,280
Tyco Electronics Group S.A.
3.13%, 08/15/27 (a) 125,000 120,295
2.50%, 02/04/32 (a) 100,000 87,848
VeriSign, Inc.
4.75%, 07/15/27 (a) 50,000 48,979
2.70%, 06/15/31 (a) 200,000 161,156
Verisk Analytics, Inc.
4.13%, 03/15/29 (a) 150,000 144,471
Visa, Inc.
0.75%, 08/15/27 (a) 250,000 216,860
2.75%, 09/15/27 (a) 200,000 191,144
2.05%, 04/15/30 (a) 250,000 219,332
1.10%, 02/15/31 (a) 250,000 200,210
VMware, Inc.
3.90%, 08/21/27 (a) 175,000 168,185
1.80%, 08/15/28 (a) 150,000 124,773
4.70%, 05/15/30 (a) 375,000 360,825
2.20%, 08/15/31 (a) 300,000 236,322
Western Digital Corp.
2.85%, 02/01/29 (a) 200,000 163,118
3.10%, 02/01/32 (a) 150,000 115,176
Western Union Co.
2.75%, 03/15/31 (a) 125,000 102,933
Workday, Inc.
3.70%, 04/01/29 (a) 200,000 187,664
3.80%, 04/01/32 (a) 250,000 228,797
Xilinx, Inc.
2.38%, 06/01/30 (a) 225,000 198,484
    38,648,329
Transportation 1.8%
American Airlines 2015-2 Class AA Pass-Through Trust
3.60%, 03/22/29 143,157 131,161
American Airlines 2016-1 Class AA Pass-Through Trust
3.58%, 07/15/29 147,625 135,496
American Airlines 2016-2 Class AA Pass-Through Trust
3.20%, 12/15/29 166,950 152,168
American Airlines 2016-3 Class AA Pass-Through Trust
3.00%, 04/15/30 37,339 33,285
American Airlines 2017-1 Class AA Pass-Through Trust
3.65%, 02/15/29 170,438 156,223
 
158
Schwab Fixed-Income ETFs  |  Semiannual Report
See financial notes

 

Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
American Airlines 2017-2 Class AA Pass-Through Trust
3.35%, 04/15/31 78,351 70,797
Canadian National Railway Co.
6.90%, 07/15/28 160,000 182,181
Canadian Pacific Railway Co.
4.00%, 06/01/28 (a) 100,000 99,219
2.05%, 03/05/30 (a) 125,000 105,886
7.13%, 10/15/31 150,000 175,371
2.45%, 12/02/31 (a) 300,000 257,712
CH Robinson Worldwide, Inc.
4.20%, 04/15/28 (a) 130,000 125,549
CSX Corp.
3.25%, 06/01/27 (a) 150,000 144,117
3.80%, 03/01/28 (a) 150,000 146,800
4.25%, 03/15/29 (a) 150,000 149,454
2.40%, 02/15/30 (a) 100,000 87,807
Delta Air Lines 2020-1 Class AA Pass-Through Trust
2.00%, 12/10/29 176,082 155,196
FedEx Corp.
3.40%, 02/15/28 (a) 75,000 71,720
4.20%, 10/17/28 (a) 75,000 74,444
3.10%, 08/05/29 (a) 170,000 155,239
4.25%, 05/15/30 (a) 250,000 243,802
2.40%, 05/15/31 (a) 275,000 232,295
GXO Logistics, Inc.
2.65%, 07/15/31 (a) 250,000 197,822
Kansas City Southern
2.88%, 11/15/29 (a) 75,000 67,142
Kirby Corp.
4.20%, 03/01/28 (a) 155,000 144,596
Norfolk Southern Corp.
3.80%, 08/01/28 (a) 175,000 172,074
2.55%, 11/01/29 (a) 125,000 112,076
2.30%, 05/15/31 (a) 100,000 85,573
3.00%, 03/15/32 (a) 125,000 112,862
Southwest Airlines Co.
3.45%, 11/16/27 (a) 25,000 23,541
2.63%, 02/10/30 (a) 185,000 156,399
Spirit Airlines Pass-Through Trust 2015-1A
4.10%, 10/01/29 47,675 44,952
Triton Container International Ltd./TAL International Container Corp.
3.25%, 03/15/32 (a) 100,000 81,677
Union Pacific Corp.
3.95%, 09/10/28 (a) 250,000 247,140
6.63%, 02/01/29 75,000 84,856
3.70%, 03/01/29 (a) 100,000 97,382
2.40%, 02/05/30 (a) 75,000 66,347
2.38%, 05/20/31 (a) 300,000 259,800
2.80%, 02/14/32 (a) 400,000 356,108
United Airlines 2016-1 Class AA Pass-Through Trust
3.10%, 01/07/30 171,574 155,301
United Airlines 2016-2 Class AA Pass-Through Trust
2.88%, 04/07/30 95,265 86,476
United Airlines 2018-1 Class AA Pass-Through Trust
3.50%, 09/01/31 229,322 206,580
United Airlines 2019-1 Class AA Pass-Through Trust
4.15%, 02/25/33 39,817 37,128
United Airlines 2019-2 Class AA Pass-Through Trust
2.70%, 11/01/33 136,508 115,172
United Airlines 2020-1 Class A Pass-Through Trust
5.88%, 04/15/29 613,960 604,321
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
United Parcel Service, Inc.
3.05%, 11/15/27 (a) 175,000 170,469
3.40%, 03/15/29 (a) 125,000 120,755
2.50%, 09/01/29 (a) 125,000 113,681
4.45%, 04/01/30 (a) 150,000 153,637
    7,159,789
    223,059,894
 
Utility 7.4%
Electric 6.6%
AEP Texas, Inc.
3.95%, 06/01/28 (a) 100,000 97,286
2.10%, 07/01/30 (a) 150,000 125,111
4.70%, 05/15/32 (a) 125,000 124,731
AES Corp.
2.45%, 01/15/31 (a) 225,000 181,152
Alabama Power Co.
1.45%, 09/15/30 (a) 150,000 122,189
3.05%, 03/15/32 (a) 200,000 182,610
Ameren Corp.
1.75%, 03/15/28 (a) 300,000 258,813
3.50%, 01/15/31 (a) 300,000 275,265
Ameren Illinois Co.
3.80%, 05/15/28 (a) 35,000 34,450
1.55%, 11/15/30 (a) 100,000 81,611
American Electric Power Co., Inc.
3.20%, 11/13/27 (a) 150,000 141,849
4.30%, 12/01/28 (a) 125,000 121,898
2.30%, 03/01/30 (a) 100,000 84,289
Appalachian Power Co.
2.70%, 04/01/31 (a) 75,000 64,753
Arizona Public Service Co.
2.95%, 09/15/27 (a) 50,000 47,040
2.60%, 08/15/29 (a) 125,000 109,708
2.20%, 12/15/31 (a) 125,000 101,779
Atlantic City Electric Co.
2.30%, 03/15/31 (a) 200,000 173,204
Avangrid, Inc.
3.80%, 06/01/29 (a) 50,000 46,860
Baltimore Gas and Electric Co.
2.25%, 06/15/31 (a) 225,000 192,163
Berkshire Hathaway Energy Co.
3.25%, 04/15/28 (a) 175,000 166,563
3.70%, 07/15/30 (a) 100,000 96,036
1.65%, 05/15/31 (a) 175,000 141,748
Black Hills Corp.
3.05%, 10/15/29 (a) 100,000 88,982
2.50%, 06/15/30 (a) 150,000 125,611
CenterPoint Energy Houston Electric LLC
2.35%, 04/01/31 (a) 200,000 174,334
CenterPoint Energy, Inc.
4.25%, 11/01/28 (a) 20,000 19,621
2.95%, 03/01/30 (a) 105,000 93,499
2.65%, 06/01/31 (a) 100,000 85,450
CMS Energy Corp.
3.45%, 08/15/27 (a) 25,000 23,990
4.75%, 06/01/50 (a)(b) 100,000 88,157
3.75%, 12/01/50 (a)(b) 75,000 58,250
Commonwealth Edison Co.
2.95%, 08/15/27 (a) 100,000 95,585
3.70%, 08/15/28 (a) 25,000 24,383
 
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.20%, 03/01/30 (a) 110,000 95,744
3.15%, 03/15/32 (a) 50,000 46,130
Connecticut Light and Power Co.
2.05%, 07/01/31 (a) 200,000 169,200
Consolidated Edison Co. of New York, Inc.
3.13%, 11/15/27 (a) 169,000 161,403
3.80%, 05/15/28 (a) 25,000 24,555
4.00%, 12/01/28 (a) 33,000 32,611
3.35%, 04/01/30 (a) 150,000 139,933
2.40%, 06/15/31 (a) 325,000 279,760
Consumers Energy Co.
3.80%, 11/15/28 (a) 75,000 73,590
Dominion Energy South Carolina, Inc.
2.30%, 12/01/31 (a) 100,000 85,529
6.63%, 02/01/32 150,000 175,032
Dominion Energy, Inc.
4.25%, 06/01/28 (a) 135,000 133,253
3.38%, 04/01/30 (a) 225,000 206,019
2.25%, 08/15/31 (a) 250,000 206,347
DTE Electric Co.
1.90%, 04/01/28 (a) 150,000 134,079
2.25%, 03/01/30 (a) 75,000 65,817
2.63%, 03/01/31 (a) 100,000 88,885
3.00%, 03/01/32 (a) 100,000 90,594
DTE Energy Co.
3.40%, 06/15/29 (a) 325,000 298,717
2.95%, 03/01/30 (a) 100,000 88,764
Duke Energy Carolinas LLC
3.95%, 11/15/28 (a) 50,000 49,410
6.00%, 12/01/28 175,000 189,635
2.45%, 08/15/29 (a) 125,000 111,744
2.45%, 02/01/30 (a) 150,000 132,757
2.55%, 04/15/31 (a) 125,000 109,710
2.85%, 03/15/32 (a) 150,000 133,323
Duke Energy Corp.
3.15%, 08/15/27 (a) 150,000 142,045
3.40%, 06/15/29 (a) 210,000 192,583
2.45%, 06/01/30 (a) 225,000 189,925
2.55%, 06/15/31 (a) 225,000 187,148
Duke Energy Florida LLC
3.80%, 07/15/28 (a) 125,000 122,341
2.50%, 12/01/29 (a) 100,000 89,040
1.75%, 06/15/30 (a) 100,000 83,283
2.40%, 12/15/31 (a) 150,000 128,320
Duke Energy Florida Project Finance LLC
2.54%, 09/01/31 125,000 117,784
Duke Energy Ohio, Inc.
3.65%, 02/01/29 (a) 150,000 143,629
2.13%, 06/01/30 (a) 75,000 63,511
Duke Energy Progress LLC
3.70%, 09/01/28 (a) 200,000 194,502
3.45%, 03/15/29 (a) 150,000 142,851
2.00%, 08/15/31 (a) 150,000 124,569
Edison International
4.13%, 03/15/28 (a) 100,000 93,393
Emera US Finance LP
2.64%, 06/15/31 (a) 100,000 83,243
Enel Chile S.A.
4.88%, 06/12/28 (a) 295,000 282,734
Entergy Arkansas LLC
4.00%, 06/01/28 (a) 75,000 73,849
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Entergy Corp.
1.90%, 06/15/28 (a) 150,000 128,938
2.80%, 06/15/30 (a) 150,000 128,965
2.40%, 06/15/31 (a) 175,000 142,515
Entergy Louisiana LLC
3.12%, 09/01/27 (a) 90,000 85,808
3.25%, 04/01/28 (a) 100,000 94,210
1.60%, 12/15/30 (a) 200,000 160,394
3.05%, 06/01/31 (a) 25,000 22,629
Entergy Mississippi LLC
2.85%, 06/01/28 (a) 50,000 46,134
Entergy Texas, Inc.
4.00%, 03/30/29 (a) 125,000 122,409
1.75%, 03/15/31 (a) 150,000 122,211
Evergy Metro, Inc.
2.25%, 06/01/30 (a)(e) 150,000 130,051
Evergy, Inc.
2.90%, 09/15/29 (a) 175,000 154,703
Eversource Energy
4.60%, 07/01/27 (a) 300,000 302,667
4.25%, 04/01/29 (a) 150,000 147,060
1.65%, 08/15/30 (a) 100,000 79,691
2.55%, 03/15/31 (a) 50,000 42,529
3.38%, 03/01/32 (a) 50,000 44,947
Exelon Corp.
4.05%, 04/15/30 (a) 225,000 216,016
3.35%, 03/15/32 (a)(d) 150,000 134,644
Florida Power & Light Co.
2.45%, 02/03/32 (a) 300,000 261,900
Georgia Power Co.
2.65%, 09/15/29 (a) 145,000 127,971
4.70%, 05/15/32 (a) 100,000 100,503
Indiana Michigan Power Co.
3.85%, 05/15/28 (a) 50,000 48,496
Interstate Power and Light Co.
4.10%, 09/26/28 (a) 50,000 49,529
3.60%, 04/01/29 (a) 100,000 95,538
2.30%, 06/01/30 (a) 100,000 85,636
IPALCO Enterprises, Inc.
4.25%, 05/01/30 (a) 125,000 116,586
ITC Holdings Corp.
3.35%, 11/15/27 (a) 155,000 148,078
MidAmerican Energy Co.
3.65%, 04/15/29 (a) 175,000 170,513
6.75%, 12/30/31 150,000 177,648
Mississippi Power Co.
3.95%, 03/30/28 (a) 100,000 97,403
National Rural Utilities Cooperative Finance Corp.
3.40%, 02/07/28 (a) 50,000 47,983
3.90%, 11/01/28 (a) 80,000 78,271
3.70%, 03/15/29 (a) 150,000 143,469
2.40%, 03/15/30 (a) 125,000 108,860
1.35%, 03/15/31 (a) 100,000 78,030
1.65%, 06/15/31 (a) 100,000 79,831
2.75%, 04/15/32 (a) 200,000 174,446
Nevada Power Co.
3.70%, 05/01/29 (a) 100,000 96,432
2.40%, 05/01/30 (a) 75,000 65,485
NextEra Energy Capital Holdings, Inc.
4.63%, 07/15/27 (a) 300,000 304,011
1.90%, 06/15/28 (a) 600,000 522,594
3.50%, 04/01/29 (a) 125,000 116,849
2.75%, 11/01/29 (a) 225,000 199,017
2.25%, 06/01/30 (a) 450,000 378,220
 
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
2.44%, 01/15/32 (a) 250,000 208,297
4.80%, 12/01/77 (a)(b) 125,000 103,870
5.65%, 05/01/79 (a)(b) 50,000 44,166
Northern States Power Co.
2.25%, 04/01/31 (a) 50,000 43,821
NSTAR Electric Co.
3.25%, 05/15/29 (a) 100,000 94,738
3.95%, 04/01/30 (a) 25,000 24,574
1.95%, 08/15/31 (a) 150,000 124,875
Ohio Power Co.
2.60%, 04/01/30 (a) 125,000 110,816
1.63%, 01/15/31 (a) 100,000 80,939
Oklahoma Gas and Electric Co.
3.80%, 08/15/28 (a) 75,000 73,073
3.30%, 03/15/30 (a) 130,000 120,509
3.25%, 04/01/30 (a) 50,000 46,218
Oncor Electric Delivery Co. LLC
3.70%, 11/15/28 (a) 125,000 121,713
5.75%, 03/15/29 (a) 50,000 54,298
2.75%, 05/15/30 (a) 100,000 90,999
4.15%, 06/01/32 (a)(d) 100,000 100,648
Pacific Gas and Electric Co.
2.10%, 08/01/27 (a) 200,000 168,084
3.30%, 12/01/27 (a) 300,000 262,305
3.00%, 06/15/28 (a) 175,000 151,772
3.75%, 07/01/28 228,000 201,577
4.65%, 08/01/28 (a) 150,000 139,692
4.55%, 07/01/30 (a) 775,000 688,572
2.50%, 02/01/31 (a) 400,000 307,584
3.25%, 06/01/31 (a) 125,000 101,024
4.40%, 03/01/32 (a) 225,000 195,986
5.90%, 06/15/32 (a) 200,000 193,304
PacifiCorp
3.50%, 06/15/29 (a) 150,000 142,692
2.70%, 09/15/30 (a) 100,000 88,613
PG&E Wildfire Recovery Funding LLC
3.59%, 06/01/32 125,000 124,808
PPL Capital Funding, Inc.
4.13%, 04/15/30 (a) 75,000 72,045
Progress Energy, Inc.
7.75%, 03/01/31 225,000 263,934
7.00%, 10/30/31 75,000 84,562
Public Service Co. of Colorado
3.70%, 06/15/28 (a) 150,000 148,054
1.90%, 01/15/31 (a) 125,000 105,596
1.88%, 06/15/31 (a) 150,000 125,437
Public Service Co. of New Hampshire
2.20%, 06/15/31 (a) 150,000 128,206
Public Service Electric and Gas Co.
3.65%, 09/01/28 (a) 50,000 48,780
3.20%, 05/15/29 (a) 100,000 94,840
2.45%, 01/15/30 (a) 270,000 241,674
3.10%, 03/15/32 (a) 100,000 92,185
Public Service Enterprise Group, Inc.
1.60%, 08/15/30 (a) 225,000 179,397
2.45%, 11/15/31 (a) 150,000 125,641
Puget Energy, Inc.
2.38%, 06/15/28 (a) 100,000 87,802
4.10%, 06/15/30 (a) 100,000 93,265
4.22%, 03/15/32 (a) 175,000 161,877
San Diego Gas & Electric Co.
1.70%, 10/01/30 (a) 100,000 82,278
3.00%, 03/15/32 (a) 200,000 179,342
SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Southern California Edison Co.
4.70%, 06/01/27 (a) 150,000 150,607
3.65%, 03/01/28 (a) 75,000 71,095
4.20%, 03/01/29 (a) 150,000 144,637
6.65%, 04/01/29 75,000 79,995
2.85%, 08/01/29 (a) 100,000 88,820
2.25%, 06/01/30 (a) 125,000 104,955
2.50%, 06/01/31 (a) 125,000 105,341
2.75%, 02/01/32 (a) 125,000 106,048
Southern Co.
5.11%, 08/01/27 300,000 303,285
3.70%, 04/30/30 (a) 200,000 185,842
Southwestern Electric Power Co.
4.10%, 09/15/28 (a) 175,000 169,431
Tampa Electric Co.
2.40%, 03/15/31 (a) 125,000 108,295
Tucson Electric Power Co.
1.50%, 08/01/30 (a) 125,000 100,173
Union Electric Co.
3.50%, 03/15/29 (a) 75,000 71,923
2.95%, 03/15/30 (a) 125,000 114,038
Virginia Electric and Power Co.
3.80%, 04/01/28 (a) 150,000 146,709
2.88%, 07/15/29 (a) 100,000 91,593
2.30%, 11/15/31 (a) 150,000 127,548
2.40%, 03/30/32 (a) 125,000 107,073
WEC Energy Group, Inc.
1.38%, 10/15/27 (a) 100,000 86,813
2.20%, 12/15/28 (a) 100,000 87,696
1.80%, 10/15/30 (a) 150,000 120,855
Wisconsin Power and Light Co.
3.05%, 10/15/27 (a) 100,000 94,943
3.00%, 07/01/29 (a) 50,000 46,429
1.95%, 09/16/31 (a) 75,000 62,340
Xcel Energy, Inc.
4.00%, 06/15/28 (a) 150,000 147,069
2.60%, 12/01/29 (a) 150,000 131,907
3.40%, 06/01/30 (a) 100,000 92,171
2.35%, 11/15/31 (a) 150,000 124,350
4.60%, 06/01/32 (a) 250,000 248,470
    25,951,014
Natural Gas 0.5%
Atmos Energy Corp.
2.63%, 09/15/29 (a) 125,000 111,484
1.50%, 01/15/31 (a) 200,000 160,530
CenterPoint Energy Resources Corp.
4.00%, 04/01/28 (a) 75,000 73,368
1.75%, 10/01/30 (a) 150,000 121,897
NiSource, Inc.
2.95%, 09/01/29 (a) 150,000 133,300
3.60%, 05/01/30 (a) 250,000 229,350
1.70%, 02/15/31 (a) 200,000 156,318
ONE Gas, Inc.
2.00%, 05/15/30 (a) 100,000 84,016
Piedmont Natural Gas Co., Inc.
3.50%, 06/01/29 (a) 160,000 148,931
2.50%, 03/15/31 (a) 75,000 63,469
Sempra Energy
3.40%, 02/01/28 (a) 275,000 259,900
Southern California Gas Co.
2.55%, 02/01/30 (a) 150,000 132,876
Southern Co. Gas Capital Corp.
1.75%, 01/15/31 (a) 200,000 158,128
 
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

SECURITY
RATE, MATURITY DATE
FACE
AMOUNT ($)
VALUE ($)
Southwest Gas Corp.
2.20%, 06/15/30 (a) 150,000 121,622
4.05%, 03/15/32 (a) 150,000 136,827
    2,092,016
Utility Other 0.3%
American Water Capital Corp.
2.95%, 09/01/27 (a) 160,000 150,472
3.75%, 09/01/28 (a) 100,000 96,839
3.45%, 06/01/29 (a) 175,000 164,817
2.80%, 05/01/30 (a) 200,000 179,538
2.30%, 06/01/31 (a) 50,000 42,370
4.45%, 06/01/32 (a) 250,000 248,650
Essential Utilities, Inc.
3.57%, 05/01/29 (a) 75,000 70,304
2.70%, 04/15/30 (a) 150,000 131,493
2.40%, 05/01/31 (a) 125,000 104,545
United Utilities plc
6.88%, 08/15/28 25,000 27,183
    1,216,211
    29,259,241
Total Corporates
(Cost $445,164,903)
392,159,127
    
SECURITY NUMBER
OF SHARES
VALUE ($)
SHORT-TERM INVESTMENTS 0.5% OF NET ASSETS
 
Money Market Funds 0.5%
State Street Institutional U.S. Government Money Market Fund, Premier Class 1.43% (i) 1,554,385 1,554,385
State Street Institutional U.S. Government Money Market Fund, Premier Class 1.43% (i)(j) 471,805 471,805
    2,026,190
Total Short-Term Investments
(Cost $2,026,190)
2,026,190
Total Investments in Securities
(Cost $447,191,093)
394,185,317
    
  NUMBER OF
CONTRACTS
NOTIONAL
AMOUNT
($)
CURRENT VALUE/
UNREALIZED
DEPRECIATION
($)
FUTURES CONTRACTS
Long      
10 Year US Treasury Note (CBOT), expires 09/21/22 9 1,066,781 (14)
    
(a) The effective maturity may be shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or as the result of embedded demand features (puts or calls).
(b) Security is in a fixed-rate coupon period. Based on index eligibility requirements and the fund’s investment objective this security will be removed from the index prior to converting to a floating rate security.
(c) Issuer is affiliated with the fund’s investment adviser.
(d) Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $6,993,358 or 1.8% of net assets.
(e) All or a portion of this security is on loan. Securities on loan were valued at $252,895.
(f) Interest rate is subject to adjustments from time to time if a nationally recognized statistical rating organization downgrades (or subsequently upgrades) the debt rating assigned to the bond.
(g) All or a portion of this security is held as collateral for delayed-delivery securities.
(h) Security or a portion of the security purchased on a delayed-delivery or when-issued basis.
(i) The rate shown is the 7-day yield.
(j) Security purchased with cash collateral received for securities on loan.
    
CBOT — Chicago Board of Trade
REIT — Real Estate Investment Trust
 
162
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Schwab 5-10 Year Corporate Bond ETF
Portfolio Holdings  as of June 30, 2022 (Unaudited) (continued)

Below is a summary of the fund’s transactions with affiliated issuers during the period ended June 30, 2022:
SECURITY
RATE, MATURITY DATE
VALUE AT
12/31/21
PURCHASES SALES REALIZED
GAINS (LOSSES)
NET CHANGE IN
UNREALIZED
APPRECIATION
(DEPRECIATION)
ACCRETION OF
DISCOUNTS
(AMORTIZATION
OF PREMIUMS)
VALUE AT
6/30/22
FACE AMOUNT
AT 6/30/22
INTEREST
INCOME EARNED
CORPORATES 0.3% OF NET ASSETS
 
Financial Institutions 0.3%
Brokerage/Asset Managers/Exchanges 0.3%
The Charles Schwab Corp.
3.20%, 03/02/27 $107,120 $— ($100,677) ($7,494) $1,486 ($435) $— $— $827
3.30%, 04/01/27 107,400 (98,093) (10,210) 1,446 (543) 1,118
3.20%, 01/25/28 107,595 (11,226) (636) 95,733 100,000 1,600
2.00%, 03/20/28 202,678 (23,614) (266) 178,798 200,000 2,000
4.00%, 02/01/29 56,134 54,008 (10,871) (750) 98,521 100,000 1,661
3.25%, 05/22/29 86,110 26,316 (14,122) (472) 97,832 105,000 1,650
2.75%, 10/01/29 78,552 (10,705) (216) 67,631 75,000 1,031
4.63%, 03/22/30 88,948 (12,510) (411) 76,027 75,000 1,734
1.65%, 03/11/31 120,254 (19,990) 281 100,545 125,000 1,031
2.30%, 05/13/31 126,337 (20,295) (163) 105,879 125,000 1,438
1.95%, 12/01/31 147,642 (18,130) 350 129,862 160,000 1,152
2.90%, 03/03/32 186,756 (15,116) 163 171,803 195,000 1,343
Total $1,081,128 $414,722 ($198,770) ($17,704) ($153,647) ($3,098) $1,122,631   $16,585

The following is a summary of the inputs used to value the fund’s investments as of June 30, 2022 (see financial note 2(a) for additional information):
DESCRIPTION QUOTED PRICES IN
ACTIVE MARKETS FOR
IDENTICAL ASSETS
(LEVEL 1)
OTHER SIGNIFICANT
OBSERVABLE INPUTS
(LEVEL 2)
SIGNIFICANT
UNOBSERVABLE INPUTS
(LEVEL 3)
TOTAL
Assets        
Corporates 1 $— $392,159,127 $— $392,159,127
Short-Term Investments1 2,026,190 2,026,190
Liabilities        
Futures Contracts2 (14) (14)
Total $2,026,176 $392,159,127 $— $394,185,303
    
1 As categorized in the Portfolio Holdings.
2 Futures contracts are reported at cumulative unrealized appreciation or depreciation.
Fund investments in mutual funds are classified as Level 1, without consideration to the classification level of the underlying securities held by the mutual funds, which could be Level 1, Level 2 or Level 3.
163
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Schwab 5-10 Year Corporate Bond ETF
Statement of Assets and Liabilities

As of June 30, 2022; unaudited
Assets
Investments in securities, at value - affiliated (cost $1,276,639)   $1,122,631
Investments in securities, at value - unaffiliated (cost $445,914,454) including securities on loan of $252,895   393,062,686
Deposit with broker for futures contracts   36,250
Receivables:    
Investments sold   11,436,151
Interest   3,697,394
Dividends   986
Income from securities on loan + 604
Total assets   409,356,702
Liabilities
Collateral held for securities on loan   471,805
Payables:    
Fund shares redeemed   8,924,454
Investments bought   2,764,671
Investments bought - delayed delivery   43,241
Management fees   13,045
Variation margin on futures contracts + 2,005
Total liabilities   12,219,221
Net assets   $397,137,481
Net Assets by Source
Capital received from investors   $456,323,122
Total distributable loss + (59,185,641)
Net assets   $397,137,481
    
Net Asset Value (NAV)
Net Assets ÷ Shares
Outstanding
= NAV
$397,137,481   8,900,000   $44.62
         
         
164
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Schwab 5-10 Year Corporate Bond ETF
Statement of Operations

For the period January 1, 2022 through June 30, 2022; unaudited
Investment Income
Interest received from securities - unaffiliated   $4,746,655
Interest received from securities - affiliated   13,487
Dividends received from securities - unaffiliated   3,175
Securities on loan, net + 3,926
Total investment income   4,767,243
Expenses
Management fees   74,157
Total expenses 74,157
Net investment income   4,693,086
REALIZED AND UNREALIZED GAINS (LOSSES)
Net realized losses on sales of securities - unaffiliated   (1,600,258)
Net realized losses on sales of in-kind redemptions - affiliated   (17,704)
Net realized losses on sales of in-kind redemptions - unaffiliated   (4,760,968)
Net realized losses on futures contracts + (49,073)
Net realized losses   (6,428,003)
Net change in unrealized appreciation (depreciation) on securities - affiliated   (153,647)
Net change in unrealized appreciation (depreciation) on securities - unaffiliated   (48,563,105)
Net change in unrealized appreciation (depreciation) on futures contracts + 225
Net change in unrealized appreciation (depreciation) + (48,716,527)
Net realized and unrealized losses   (55,144,530)
Decrease in net assets resulting from operations   ($50,451,444)
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Schwab 5-10 Year Corporate Bond ETF
Statement of Changes in Net Assets

For the current and prior report periods
Figures for the current period are unaudited
OPERATIONS
  1/1/22-6/30/22 1/1/21-12/31/21
Net investment income   $4,693,086 $6,841,316
Net realized gains (losses)   (6,428,003) 1,468,611
Net change in unrealized appreciation (depreciation) + (48,716,527) (14,566,712)
Decrease in net assets from operations   ($50,451,444) ($6,256,785)
DISTRIBUTIONS TO SHAREHOLDERS
Total distributions   ($3,758,490) ($6,826,280)
    
TRANSACTIONS IN FUND SHARES
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES VALUE SHARES VALUE
Shares sold   3,100,000 $143,868,847 8,400,000 $442,848,633
Shares redeemed + (1,450,000) (67,576,311) (4,700,000) (245,294,686)
Net transactions in fund shares   1,650,000 $76,292,536 3,700,000 $197,553,947
SHARES OUTSTANDING AND NET ASSETS
  1/1/22-6/30/22 1/1/21-12/31/21
    SHARES NET ASSETS SHARES NET ASSETS
Beginning of period   7,250,000 $375,054,879 3,550,000 $190,583,997
Total increase + 1,650,000 22,082,602 3,700,000 184,470,882
End of period   8,900,000 $397,137,481 7,250,000 $375,054,879
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Schwab Fixed-Income ETFs
Financial Notes, unaudited

1. Business Structure of the Funds:
Each of the funds in this report is a series of Schwab Strategic Trust (the trust), a no-load, open-end management investment company. The trust is organized as a Delaware statutory trust and is registered under the Investment Company Act of 1940, as amended (the 1940 Act). The list below shows all the operational funds in the trust as of the end of the period, including the funds discussed in this report, which are highlighted:
SCHWAB STRATEGIC TRUST (ORGANIZED JANUARY 27, 2009)
Schwab U.S. TIPS ETF Schwab U.S. Dividend Equity ETF
Schwab Short-Term U.S. Treasury ETF Schwab International Dividend Equity ETF
Schwab Intermediate-Term U.S. Treasury ETF Schwab International Equity ETF
Schwab Long-Term U.S. Treasury ETF Schwab International Small-Cap Equity ETF
Schwab U.S. Aggregate Bond ETF Schwab Emerging Markets Equity ETF
Schwab 1-5 Year Corporate Bond ETF Schwab U.S. REIT ETF
Schwab 5-10 Year Corporate Bond ETF Schwab Fundamental U.S. Broad Market Index ETF
Schwab U.S. Broad Market ETF Schwab Fundamental U.S. Large Company Index ETF
Schwab 1000 Index® ETF Schwab Fundamental U.S. Small Company Index ETF
Schwab U.S. Large-Cap ETF Schwab Fundamental International Large Company Index ETF
Schwab U.S. Large-Cap Growth ETF Schwab Fundamental International Small Company Index ETF
Schwab U.S. Large-Cap Value ETF Schwab Fundamental Emerging Markets Large Company Index ETF
Schwab U.S. Mid-Cap ETF Schwab Ariel ESG ETF
Schwab U.S. Small-Cap ETF  
The funds issue and redeem shares at their net asset value per share (NAV) only in large blocks of shares (Creation Units). These transactions are usually in exchange for a basket of securities and/or an amount of cash. As a practical matter, only institutions or large investors purchase or redeem Creation Units. Except when aggregated in Creation Units, shares of the funds are not redeemable securities.
Individual shares of the funds trade on national securities exchanges and elsewhere during the trading day and can only be bought and sold at market prices throughout the trading day through a broker-dealer. Because fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV (premium) or less than NAV (discount). A chart showing the frequency at which each fund’s daily closing market price was at a discount or premium to each fund’s NAV can be found at www.schwabassetmanagement.com.
Each fund maintains its own account for purposes of holding assets and accounting, and is considered a separate entity for tax purposes. Within its account, each fund may also keep certain assets in segregated accounts, as required by securities law.

2. Significant Accounting Policies:
The following is a summary of the significant accounting policies the funds use in their preparation of financial statements. The funds follow the investment company accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standard Codification Topic 946 Financial Services — Investment Companies. The accounting policies are in conformity with accounting principles generally accepted in the United States of America (GAAP).
The funds may invest in certain mutual funds and exchange-traded funds (ETFs), which are referred to as "underlying funds". For more information about the underlying funds’ operations and policies, please refer to those funds’ semiannual and annual reports, which are filed with the U.S. Securities and Exchange Commission (SEC) and are available on the SEC’s website at www.sec.gov.
(a) Security Valuation:
Under procedures approved by the funds’ Board of Trustees (the Board), the investment adviser has formed a Pricing Committee to administer the pricing and valuation of portfolio securities and other assets and to ensure that prices used for internal purposes or provided by third parties reasonably reflect fair value. Among other things, these procedures allow the funds to utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value.
The funds value the securities in their portfolios every business day. The funds use the following policies to value various types of securities:
•   Bonds and notes: Fixed income investments are generally valued using an evaluated price at the mid-point of the bid/ask spread provided by an approved, independent pricing service (mid-price). To determine the evaluated mid-price, a pricing service may use a variety of techniques and inputs. Techniques may include, but are not limited to, spread models that
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Schwab Fixed-Income ETFs
Financial Notes, unaudited (continued)

2. Significant Accounting Policies (continued):
calculate an investment-specific price relative to a benchmark or yield curve models that establish a price based on yields of comparable bonds along a range of maturities. Inputs differ by valuation approach and technique, as appropriate, and examples of inputs may include, but are not limited to, interest rates, market conditions, comparable bonds, market trades, projected cash flows, credit reviews and issuer news.
•   Futures contracts: Futures contracts are valued at their settlement prices as of the close of their exchanges.
•   Short-term securities (60 days or less to maturity): Securities with remaining maturities of 60 days or less are generally valued at an evaluated price; however, such securities may be valued at their amortized cost if it approximates the security’s market value.
•   Mutual funds: Mutual funds are valued at their respective NAVs.
•   Securities for which no quoted value is available: The Board has adopted procedures to fair value each fund’s securities when market prices are not “readily available” or are unreliable. For example, a fund may fair value a security when it is de-listed or its trading is halted or suspended; when a security’s primary pricing source is unable or unwilling to provide a price; or when a security’s primary trading market is closed during regular market hours. Each fund makes fair value determinations in good faith in accordance with the fund’s valuation procedures. The Pricing Committee considers a number of factors, including unobservable market inputs, when arriving at fair value. The Pricing Committee may employ techniques such as the review of related or comparable assets or liabilities, related market activities, recent transactions, market multiples, book values, transactional back-testing, disposition analysis and other relevant information. The Pricing Committee regularly reviews these inputs and assumptions to calibrate the valuations. Due to the subjective and variable nature of fair value pricing, there can be no assurance that a fund could obtain the fair value assigned to the security upon the sale of such security. The Board convenes on a regular basis to review fair value determinations made by the funds pursuant to the valuation procedures.
In accordance with the authoritative guidance on fair value measurements and disclosures under GAAP, the funds disclose the fair value of their investments in a hierarchy that prioritizes the significant inputs to valuation techniques used to measure the fair value. The hierarchy gives the highest priority to valuations based upon unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (Level 3 measurements). If inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the valuation. If the funds determine that either the volume and/or level of activity for an asset or liability has significantly decreased (from normal conditions for that asset or liability) or price quotations or observable inputs are not associated with orderly transactions, increased analysis and management judgment will be required to estimate fair value.
The three levels of the fair value hierarchy are as follows:
•   Level 1 — quoted prices in active markets for identical securities — Investments whose values are based on quoted market prices in active markets, and whose values are therefore classified as Level 1 prices, include active listed equities, mutual funds and futures contracts. Investments in mutual funds are valued daily at their NAVs, which are classified as Level 1 prices, without consideration to the classification level of the underlying securities held by an underlying fund.
•   Level 2 — other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) — Investments that trade in markets that are not considered to be active, but whose values are based on quoted market prices, dealer quotations or valuations provided by alternative pricing sources supported by observable inputs are classified as Level 2 prices. These generally include U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, certain mortgage products, less liquid listed equities, and state, municipal and provincial obligations.
•   Level 3 — significant unobservable inputs (including the funds’ own assumptions in determining the fair value of investments) — Investments whose values are classified as Level 3 prices have significant unobservable inputs, as they may trade infrequently or not at all. When observable prices are not available for these securities, the funds use one or more valuation techniques for which sufficient and reliable data is available. The inputs used by the funds in estimating the value of Level 3 prices may include the original transaction price, quoted prices for similar securities or assets in active markets, completed or pending third-party transactions in the underlying investment or comparable issuers, and changes in financial ratios or cash flows. Level 3 prices may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the funds in the absence of market information. Assumptions used by the funds due to the lack of observable inputs may significantly impact the resulting fair value and therefore the funds’ results of operations.
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Schwab Fixed-Income ETFs
Financial Notes, unaudited (continued)

2. Significant Accounting Policies (continued):
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The levels associated with valuing the funds’ investments as of June 30, 2022 are disclosed in the Portfolio Holdings.
(b) Accounting Policies for certain Portfolio Investments (if held):
Futures Contracts: Futures contracts are instruments that represent an agreement between two parties that obligates one party to buy, and the other party to sell, specific instruments at an agreed upon price on a stipulated future date. A fund must give the broker a deposit of cash and/or securities (initial margin) whenever it enters into a futures contract. The amount of the deposit may vary from one contract to another. Subsequent payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contract and are accounted for as unrealized appreciation or depreciation until the contract is closed, at which time the gains or losses are realized. Futures contracts are traded publicly on exchanges, and their fair value may change daily.
Securities Lending: Under the trust’s Securities Lending Program, a fund (lender) may make short-term loans of its securities to another party (borrower) to generate additional revenue for the fund. The borrower pledges collateral in the form of cash, securities issued or fully guaranteed by the U.S. government or foreign governments, or letters of credit issued by a bank. Collateral at the individual loan level is required to be maintained on a daily marked-to-market basis in an amount at least equal to the current value of the securities loaned. The lending agent provides a fund with indemnification against borrower default (the borrower fails to return the security on loan) reducing the risk of loss as a result of default. The cash collateral of securities loaned is currently invested in money market portfolios operating pursuant to Rule 2a-7 under the 1940 Act. Each fund bears the risk of loss with respect to the investment of cash collateral. The terms of the securities lending agreements allow the funds or the lending agent to terminate any loan at any given time and the securities must be returned within the earlier of the standard trade settlement period or the specified time period under the relevant securities lending agreement. Securities lending income, as disclosed in each fund’s Statement of Operations, if applicable, represents the income earned from the investment of the cash collateral plus any fees paid by borrowers, less the fees paid to the lending agent and broker rebates which are subject to adjustments pursuant to the securities lending agreement. On loans not collateralized by cash, a fee is received from the borrower, and is allocated between a fund and the lending agent. The aggregate market value of securities loaned will not at any time exceed one-third of the total assets of a fund, including collateral received from the loan. Securities lending fees paid to the unaffiliated lending agents start at 9% of gross lending revenue, with subsequent breakpoints to a low of 5%. In this context, the gross lending revenue equals the income received from the investment of cash collateral and fees paid by borrowers less any rebates paid to the borrowers. Any expenses charged by the cash collateral fund are in addition to these fees. All remaining revenue is retained by the fund, as applicable. No portion of lending revenue is paid to or retained by the investment adviser or any of its affiliates.
As of June 30, 2022, only Schwab U.S. Aggregate Bond ETF, Schwab 1-5 Year Corporate Bond ETF and Schwab 5-10 Year Corporate Bond ETF had securities on loan, all of which were classified as corporate and government related bonds. The value of the securities on loan and the related collateral at June 30, 2022, if any, are disclosed in each fund’s Portfolio Holdings and Statement of Assets and Liabilities.
Inflation-Protected Securities: The Schwab U.S. TIPS ETF invests in U.S. Treasury inflation-protected securities (TIPS). Inflation-protected securities are fixed-income securities whose principal value is periodically adjusted to the rate of inflation. The interest rate on these instruments is generally fixed at issuance at a rate lower than typical bonds or notes. Over the life of an inflation-indexed instrument, interest will be paid based on a principal value, which is adjusted for any inflation or deflation. Any increase or decrease in the principal amount of an inflation-protected security will be included as an addition or reduction to interest income on the Statement of Operations, even though investors do not receive their principal until maturity.
TBA Commitments: The Schwab U.S. Aggregate Bond ETF may enter into “TBA” (to-be-announced) commitments to purchase or sell securities for a fixed price at a future date. Payments or proceeds of TBA commitments are not delivered until the contractual settlement date. Unsettled TBA commitments are valued at the current market value generally according to the procedures described above in the Security Valuation section. The fund’s use of TBA commitments may cause the fund to experience higher portfolio turnover and higher transaction costs.
Agency MBS and TBA Transactions: The Treasury Market Practices Group (TMPG) of the Federal Reserve Bank of New York recommended the margining of certain forward-settling Agency MBS (Mortgage-Backed Securities) transactions, including TBAs, to reduce counterparty credit risk. The TMPG recommended market participants exchange two-way variation margin on a regular basis. The Schwab U.S. Aggregate Bond ETF posts and receives variation margin with certain counterparties in instances where the unrealized gain (loss) on such transactions exceeds certain pre-determined thresholds. The variation margin, if any, is disclosed on the Statement of Assets and Liabilities.
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Schwab Fixed-Income ETFs
Financial Notes, unaudited (continued)

2. Significant Accounting Policies (continued):
Delayed Delivery Transactions and When-Issued Securities: During the period, certain funds transacted in securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. The price of the underlying securities and the date when the securities will be delivered and paid for are fixed at the time the transaction is negotiated. The securities purchased on a delayed delivery or when-issued basis are identified as such in the funds’ Portfolio Holdings. The funds may receive compensation for interest forgone in the purchase of a delayed delivery or when-issued security. With respect to purchase commitments, the funds identify securities as segregated in their records with a value at least equal to the amount of the commitment. Losses may arise due to changes in the value of the underlying securities or if the counterparty does not perform under the contract’s terms, or if the issuer does not issue the securities due to political, economic, or other factors.
(c) Security Transactions:
Security transactions are recorded as of the date the order to buy or sell the security is executed. Realized gains or losses from security transactions are based on the identified costs of the securities involved. Gains and losses from paydowns on mortgage and asset backed securities are recorded as adjustments to interest income.
(d) Investment Income:
Interest income is recorded as it accrues. If a fund buys a debt security at a discount (less than face value) or a premium (more than face value), it amortizes premiums and accretes discounts from the purchase settlement date up to maturity. The fund then increases (in the case of discounts) or reduces (in the case of premiums) the income it records from the security. Certain securities may be callable (meaning that the issuer has the option to pay it off before its maturity date). The fund amortizes the premium and accretes the discount on each callable security to the security’s maturity date, except when the purchase price is higher than the call price at the security’s call date (in which case the premium is amortized to the call date). Any increase or decrease in the principal amount of an inflation-protected security is included as an addition or reduction to interest income on the Statement of Operations; such adjustments may have a significant impact on a fund’s distributions. Dividends from underlying funds are recorded on the date they are effective (the ex-dividend date). Any distributions from underlying funds are recorded in accordance with the character of the distributions as designated by the underlying funds.
(e)  Expenses:
Pursuant to the Amended and Restated Advisory Agreement (Advisory Agreement) between the investment adviser and the trust, the investment adviser will pay the operating expenses of each fund, excluding taxes, any brokerage expenses, and extraordinary or non-routine expenses. Taxes, any brokerage expenses and extraordinary or non-routine expenses that are specific to a fund are charged directly to the fund.
(f) U.S. Treasury, Agency Debt & Agency MBS Charges:
Due to market conditions or other reasons, delivery of U.S. Treasury securities, agency debt and agency MBS may not occur on a timely basis. In these instances, a fund may fail to receive a security purchased causing the fund to be unable to deliver a security sold. The TMPG recommends voluntary fail charges when securities are not delivered as agreed by the parties. These fail charges are included in net realized gains (losses) on each fund’s Statement of Operations, if any.
(g) Distributions to Shareholders:
The funds make distributions from net investment income, if any, monthly and from net realized capital gains, if any, once a year. To receive a distribution, you must be a registered shareholder on the record date. Distributions are paid to shareholders on the payable date.
(h) Accounting Estimates:
The accounting policies described in this report conform to GAAP. Notwithstanding this, shareholders should understand that in order to follow these principles, fund management has to make estimates and assumptions that affect the information reported in the financial statements. It’s possible that once the results are known, they may turn out to be different from these estimates and these differences may be material.
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Financial Notes, unaudited (continued)

2. Significant Accounting Policies (continued):
(i) Federal Income Taxes:
The funds intend to meet federal income and excise tax requirements for regulated investment companies under subchapter M of the Internal Revenue Code, as amended. Accordingly, the funds distribute substantially all of their net investment income and net realized capital gains, if any, to their respective shareholders each year. As long as a fund meets the tax requirements, it is not required to pay federal income tax.
(j) Indemnification:
Under the funds’ organizational documents, the officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the funds. In addition, in the normal course of business the funds enter into contracts with their vendors and others that provide general indemnifications. The funds’ maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the funds. However, based on experience, the funds expect the risk of loss attributable to these arrangements to be remote.

3. Risk Factors:
Investing in the funds may involve certain risks, as discussed in the funds’ prospectus, including, but not limited to, those described below. Any of these risks could cause an investor to lose money.
Market Risk. Financial markets rise and fall in response to a variety of factors, sometimes rapidly and unpredictably. Markets may be impacted by economic, political, regulatory and other conditions, including economic sanctions and other government actions. In addition, the occurrence of global events, such as war, terrorism, environmental disasters, natural disasters and epidemics may also negatively affect the financial markets. As with any investment whose performance is tied to these markets, the value of an investment in a fund will fluctuate, which means that an investor could lose money over short or long periods.
Investment Style Risk. The funds are index funds. Therefore, the funds follow the securities included in an index during upturns as well as downturns. Because of their indexing strategy, the funds do not take steps to reduce market exposure or to lessen the effects of a declining market. In addition, because of each fund’s expenses, each fund’s performance may be below that of its respective index. Errors relating to an index may occur from time to time and may not be identified by an index provider for a period of time. In addition, market disruptions could cause delays in the index’s rebalancing schedule. Such errors and/or market disruptions may result in losses for a fund.
Interest Rate Risk. Interest rates rise and fall over time. As with any investment whose yield reflects current interest rates, a fund’s yield will change over time. During periods when interest rates are low, a fund’s yield (and total return) also may be low. Changes in interest rates also may affect a fund’s share price: a rise in interest rates generally causes a fund’s share price to fall. The longer a fund’s portfolio duration, the more sensitive to interest rate movements its share price is likely to be. Also, a change in a central bank’s monetary policy or economic conditions, among other things, may result in a change in interest rates, which could have sudden and unpredictable effects on the markets and significantly impact the value of fixed-income securities in which a fund invests. A sudden or unpredictable rise in interest rates may cause volatility and the value of fixed-income securities to decline.
Credit Risk. A decline in the credit quality of an issuer, guarantor or liquidity provider of a portfolio investment or a counterparty could cause the funds to lose money or underperform. The funds could lose money if, due to a decline in credit quality, the issuer, guarantor or liquidity provider of a portfolio investment or a counterparty fails to make, or is perceived as being unable or unwilling to make, timely principal or interest payments or otherwise honor its obligations.
Inflation-Protected Security Risk. The value of inflation-protected securities, including TIPS, generally will fluctuate in response to changes in “real” interest rates, generally decreasing when real interest rates rise and increasing when real interest rates fall. Real interest rates represent nominal (or stated) interest rates reduced by the expected impact of inflation. In addition, interest payments on inflation-indexed securities will generally vary up or down along with the rate of inflation.
Sampling Index Tracking Risk. To the extent a fund uses sampling techniques, the fund may not fully replicate the index and may hold securities not included in the index. As a result, a fund is subject to the risk that the investment adviser’s investment management strategy, the implementation of which is subject to a number of constraints, may not produce the intended results. If a fund utilizes a sampling approach, it may not track the return of the index as well as it would if a fund purchased all of the securities in its index.
Tracking Error Risk. As index funds, the funds seek to track the performance of an index, although they may not be successful in doing so. The divergence between the performance of a fund and the index, positive or negative, is called “tracking error.” Tracking error can be caused by many factors and it may be significant.
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Financial Notes, unaudited (continued)

3. Risk Factors (continued):
Liquidity Risk. A fund may be unable to sell certain securities, such as illiquid securities, readily at a favorable time or price, or the fund may have to sell them at a loss.
Securities Lending Risk. Securities lending involves the risk of loss of rights in, or delay in recovery of, the loaned securities if the borrower fails to return the security loaned or becomes insolvent.
Market Trading Risk. Although fund shares are listed on national securities exchanges, there can be no assurance that an active trading market for fund shares will develop or be maintained. If an active market is not maintained, investors may find it difficult to buy or sell fund shares.
Portfolio Turnover Risk. With respect to the Schwab U.S. Aggregate Bond ETF, the fund may engage in frequent trading of its portfolio securities in connection with its tracking of the index, primarily due to the fund rolling over its positions in TBAs as it tracks the portion of the index represented by mortgage-backed securities. A higher portfolio turnover rate may result in increased transaction costs, which may lower the fund’s performance. A higher portfolio turnover rate can also result in an increase in taxable capital gains distributions to the fund’s shareholders.
Prepayment and Extension Risk. With respect to the Schwab U.S. Aggregate Bond ETF, certain of the fund’s fixed-income securities are subject to the risk that the securities may be paid off earlier or later than expected, especially during periods of falling or rising interest rates, respectively. Prepayments of obligations could cause the fund to forgo future interest income on the portion of the security’s principal repaid early and force the fund to reinvest that money at the lower prevailing interest rates. Extensions of obligations could cause the fund to exhibit additional volatility and hold securities paying lower-than-market rates of interest. Either case could hurt the fund’s performance.
Non-U.S. Issuer Risk. Certain funds may invest in U.S.-registered, dollar-denominated bonds of non-U.S. corporations, governments, agencies and supra-national entities. A fund’s investments in bonds of non-U.S. issuers may involve certain risks that are greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may be heightened in connection with bonds issued by non-U.S. corporations and entities in emerging markets.
Derivatives Risk. Certain funds may invest in derivatives instruments. The principal types of derivatives used by such funds are futures contracts. A futures contract is an agreement to buy or sell a financial instrument at a specific price on a specific day. A fund’s use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. Certain of these risks, such as market risk, credit risk and liquidity risk, are discussed elsewhere in this section. A fund’s use of derivatives is also subject to lack of availability risk, valuation risk, correlation risk and tax risk. Lack of availability risk is the risk that suitable derivative transactions may not be available in all circumstances for risk management or other purposes. Valuation risk is the risk that a particular derivative may be valued incorrectly. Correlation risk is the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset, rate or index. Tax risk is the risk that the use of derivatives may cause a fund to realize higher amounts of short-term capital gains. A fund’s use of derivatives could reduce the fund’s performance, increase the fund’s volatility, and cause the fund to lose more than the initial amount invested. Furthermore, the use of derivatives subject to regulation by the Commodity Futures Trading Commission (CFTC) could cause a fund to become a commodity pool, which would require the fund to comply with certain CFTC rules.
Mortgage-Backed and Mortgage Pass-Through Securities Risk. Mortgage-backed securities tend to increase in value less than other debt securities when interest rates decline, but are subject to similar or greater risk of decline in market value during periods of rising interest rates. With respect to the Schwab U.S. Aggregate Bond ETF, certain of the mortgage-backed securities in which the fund may invest are issued or guaranteed by agencies or instrumentalities of the U.S. government but are not backed by the full faith and credit of the U.S. government. There can be no assurance that the U.S. government would provide financial support to its agencies or instrumentalities where it was not obligated to do so which can cause the fund to lose money or underperform. The risks of investing in mortgage-backed securities include, among others, interest rate risk, credit risk, prepayment risk and extension risk. Transactions in mortgage pass-through securities often occur through TBA transactions. The fund could lose money or underperform if a TBA counterparty defaults or goes bankrupt.
Concentration Risk. To the extent that a fund’s or an index’s portfolio is concentrated in the securities of issuers in a particular market, industry, group of industries, sector or asset class, the fund may be adversely affected by the performance of those securities, may be subject to increased price volatility and may be more vulnerable to adverse economic, market, political or regulatory occurrences affecting that market, industry, group of industries, sector or asset class.
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Financial Notes, unaudited (continued)

3. Risk Factors (continued):
Shares of the Fund May Trade at Prices Other Than NAV. Fund shares may be bought and sold in the secondary market at market prices. Although it is expected that the market price of the shares of a fund will approximate the fund’s NAV, there may be times when the market price and the NAV vary significantly. An investor may pay more than NAV when buying shares of a fund in the secondary market, and an investor may receive less than NAV when selling those shares in the secondary market. The market price of fund shares may deviate, sometimes significantly, from NAV during periods of market volatility or market disruption.
Please refer to the funds’ prospectus for a more complete description of the principal risks of investing in the funds.

4. Affiliates and Affiliated Transactions:
Investment Adviser
Charles Schwab Investment Management, Inc., dba Schwab Asset Management, a wholly owned subsidiary of The Charles Schwab Corporation, serves as each fund’s investment adviser pursuant to the Advisory Agreement between the investment adviser and the trust.
For its advisory services to the funds, the investment adviser is entitled to receive an annual management fee, payable monthly, based on a percentage of each fund’s average daily net assets as follows:
SCHWAB
U.S. TIPS ETF
SCHWAB
SHORT-TERM
U.S. TREASURY ETF
SCHWAB
INTERMEDIATE-TERM
U.S. TREASURY ETF
SCHWAB
LONG-TERM
U.S. TREASURY ETF
SCHWAB
U.S. AGGREGATE
BOND ETF
SCHWAB
1-5 YEAR
CORPORATE BOND ETF
SCHWAB
5-10 YEAR
CORPORATE BOND ETF
0.05%* 0.04%* 0.04%* 0.04%* 0.04%* 0.04%* 0.04%*
* Subsequent to the reporting period ended June 30, 2022, and effective July 1, 2022, the management fees of the Schwab U.S. TIPS ETF, Schwab Short-Term U.S. Treasury ETF, Schwab Intermediate-Term U.S. Treasury ETF, Schwab Long-Term U.S. Treasury ETF, Schwab U.S. Aggregate Bond ETF, Schwab 1-5 Year Corporate Bond ETF and Schwab 5-10 Year Corporate Bond ETF have been reduced to 0.04%, 0.03%, 0.03%, 0.03%, 0.03%, 0.03% and 0.03%, respectively.
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Financial Notes, unaudited (continued)

4. Affiliates and Affiliated Transactions (continued):
Investment from Affiliates
Certain funds in the Fund Complex (for definition refer to the Trustees and Officers section) may own shares of other funds in the Fund Complex. The table below reflects the percentages of shares of each fund in this report that are owned by other funds in the Fund Complex as of June 30, 2022, as applicable:
  UNDERLYING FUNDS
  SCHWAB
U.S. TIPS ETF
SCHWAB
SHORT-TERM
U.S. TREASURY ETF
SCHWAB
U.S. AGGREGATE
BOND ETF
SCHWAB
5-10 YEAR
CORPORATE BOND ETF
Schwab Monthly Income Fund - Enhanced Payout —% —% —% 0.6%
Schwab Monthly Income Fund - Maximum Payout —% —% —% 0.6%
Schwab Monthly Income Fund - Moderate Payout —% —% —% 0.3%
Schwab Target 2010 Index Fund 0.0%* 0.0%* 0.3% —%
Schwab Target 2015 Index Fund 0.0%* 0.1% 0.3% —%
Schwab Target 2020 Index Fund 0.1% 0.2% 1.4% —%
Schwab Target 2025 Index Fund 0.1% 0.3% 2.2% —%
Schwab Target 2030 Index Fund 0.0%* 0.2% 2.8% —%
Schwab Target 2035 Index Fund —% 0.1% 1.3% —%
Schwab Target 2040 Index Fund —% 0.1% 1.2% —%
Schwab Target 2045 Index Fund —% 0.0%* 0.5% —%
Schwab Target 2050 Index Fund —% —% 0.4% —%
Schwab Target 2055 Index Fund —% —% 0.2% —%
Schwab Target 2060 Index Fund —% —% 0.1% —%
Schwab Target 2065 Index Fund —% —% 0.0%* —%
Schwab VIT Balanced Portfolio 0.0%* 0.1% 0.4% —%
Schwab VIT Balanced with Growth Portfolio 0.0%* 0.1% 0.5% —%
Schwab VIT Growth Portfolio —% —% 0.3% —%
    
* Less than 0.05%
Interfund Borrowing and Lending
Pursuant to an exemptive order issued by the SEC, the funds may enter into interfund borrowing and lending transactions with other funds in the Fund Complex. All loans are for temporary or emergency purposes and the interest rate to be charged will be the average of the overnight repurchase agreement rate and the short-term bank loan rate. All loans are subject to numerous conditions designed to ensure fair and equitable treatment of all participating funds. The interfund lending facility is subject to the oversight and periodic review of the Board. The funds had no interfund borrowing or lending activity during the period.

5. Other Service Providers:
SEI Investments Distribution Co. is the principal underwriter and distributor of shares of the funds.
State Street Bank and Trust Company (State Street) serves as the funds’ transfer agent. As part of these services, the transfer agent maintains records pertaining to the sale, redemption and transfer of the funds’ shares. The transfer agent is also responsible for the order-taking function for the funds’ shares.
State Street also serves as custodian and accountant for the funds. The custodian is responsible for the daily safekeeping of securities and cash held by the funds. The funds’ accountant maintains all books and records related to the funds’ transactions.
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Financial Notes, unaudited (continued)

  6. Board of Trustees:
The Board may include people who are officers and/or directors of the investment adviser or its affiliates. Federal securities law limits the percentage of such “interested persons” who may serve on a trust’s board, and the trust was in compliance with these limitations throughout the report period. The trust does not pay any interested or non-interested trustees (independent trustees). The independent trustees are paid by the investment adviser. For information regarding the trustees, please refer to the Trustees and Officers table at the end of this report.

7. Borrowing from Banks:
During the period, the funds were participants with other funds in the Fund Complex in a joint, syndicated, committed $850 million line of credit (the Syndicated Credit Facility), maturing on September 29, 2022. Under the terms of the Syndicated Credit Facility, in addition to the investment adviser paying the interest charged on any borrowings by a fund, the investment adviser paid a commitment fee of 0.15% per annum on the funds’ proportionate share of the unused portion of the Syndicated Credit Facility.
During the period, the funds were participants with other funds in the Fund Complex in a joint, unsecured, uncommitted $400 million line of credit (the Uncommitted Credit Facility), with State Street, maturing on September 29, 2022 . Under the terms of the Uncommitted Credit Facility, the investment adviser pays interest on the amount a fund borrows. There were no borrowings from either line of credit during the period.
The funds also have access to custodian overdraft facilities. A fund may have utilized the overdraft facility and incurred an interest expense, which is paid by the investment adviser. The interest expense is determined based on a negotiated rate above the current Federal Funds Rate.

8. Derivatives:
Certain funds entered into U.S. Treasury futures contracts during the report period. The funds invested in futures contracts to help manage the effects of interest rate changes. The value and variation margin for futures contracts held at June 30, 2022 are presented in the Portfolio Holdings and Statement of Assets and Liabilities, respectively. The net realized gains (losses) and net change in unrealized appreciation (depreciation) on futures contracts are presented in the Statement of Operations. Refer to financial note 2(b) for the funds’ accounting policies with respect to futures contracts and financial note 3 for disclosures concerning the risks of investing in futures contracts. During the period ended June 30, 2022, the month-end average notional amounts of futures contracts held by the funds and the month-end average number of contracts held were as follows:
  NOTIONAL AMOUNTS NUMBER OF CONTRACTS
Schwab U.S. TIPS ETF $—
Schwab Short-Term U.S. Treasury ETF
Schwab Intermediate-Term U.S. Treasury ETF
Schwab Long-Term U.S. Treasury ETF
Schwab U.S. Aggregate Bond ETF
Schwab 1-5 Year Corporate Bond ETF  982,861 8
Schwab 5-10 Year Corporate Bond ETF 506,283 4
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Financial Notes, unaudited (continued)

  9. Purchases and Sales/Maturities of Investment Securities:
For the period ended June 30, 2022, purchases and sales/maturities of securities (excluding in-kind transactions and short-term obligations) were as follows:
  PURCHASES OF LONG-TERM
U.S. GOVERNMENT
SECURITIES*
PURCHASES OF OTHER
LONG-TERM SECURITIES
TOTAL PURCHASES OF
LONG-TERM SECURITIES
Schwab U.S. TIPS ETF $1,477,981,267 $— $1,477,981,267
Schwab Short-Term U.S. Treasury ETF 3,572,994,243 3,572,994,243
Schwab Intermediate-Term U.S. Treasury ETF 1,767,239,267 1,767,239,267
Schwab Long-Term U.S. Treasury ETF 24,590,912 24,590,912
Schwab U.S. Aggregate Bond ETF 1,590,197,807 200,623,398 1,790,821,205
Schwab 1-5 Year Corporate Bond ETF  40,249,615 40,249,615
Schwab 5-10 Year Corporate Bond ETF 24,879,474 24,879,474
  SALES/MATURITIES OF
LONG-TERM U.S. GOVERNMENT
SECURITIES*
SALES/MATURITIES OF
OTHER LONG-TERM SECURITIES
TOTAL SALES/MATURITIES OF
LONG-TERM SECURITIES
Schwab U.S. TIPS ETF $1,888,616,479 $— $1,888,616,479
Schwab Short-Term U.S. Treasury ETF 3,211,579,938 3,211,579,938
Schwab Intermediate-Term U.S. Treasury ETF 1,416,410,660 1,416,410,660
Schwab Long-Term U.S. Treasury ETF 20,309,631 20,309,631
Schwab U.S. Aggregate Bond ETF 1,891,918,496 204,091,896 2,096,010,392
Schwab 1-5 Year Corporate Bond ETF  32,971,970 32,971,970
Schwab 5-10 Year Corporate Bond ETF 17,524,669 17,524,669
* Includes securities guaranteed by U.S. Government Agencies.

10. In-Kind Transactions:
The consideration for the purchase of Creation Units of a fund often consists of the in-kind deposit of a designated portfolio of fixed-income securities, which constitutes an optimized representation of the securities involved in a relevant fund’s underlying index, and an amount of cash. Investors purchasing and redeeming Creation Units are subject to a standard creation transaction fee and a standard redemption transaction fee paid to the custodian to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units. Purchasers and redeemers of Creation Units for cash are subject to an additional variable charge paid to the fund that will offset the transaction costs to the fund of buying or selling portfolio securities. In addition, purchasers and redeemers of shares in Creation Units are responsible for payment of the costs of transferring securities to or out of the fund. From time to time, the investment adviser may cover the cost of any transaction fees when believed to be in the best interests of the fund.
The in-kind transactions for the period ended June 30, 2022, were as follows:
  IN-KIND PURCHASES
OF SECURITIES
IN-KIND SALES
OF SECURITIES
Schwab U.S. TIPS ETF $5,403,302,420 $8,735,119,413
Schwab Short-Term U.S. Treasury ETF 1,518,808,851 1,690,815,300
Schwab Intermediate-Term U.S. Treasury ETF 4,837,833,498 1,456,461,278
Schwab Long-Term U.S. Treasury ETF 36,751,518 33,849,208
Schwab U.S. Aggregate Bond ETF 69,979,881 271,981,504
Schwab 1-5 Year Corporate Bond ETF  44,314,406 257,294,046
Schwab 5-10 Year Corporate Bond ETF 136,649,790 66,359,114
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Financial Notes, unaudited (continued)

10. In-Kind Transactions (continued):
For the period ended June 30, 2022, the funds realized net capital gains or losses resulting from in-kind redemptions of Creation Units. Because such gains or losses are not taxable to the funds and are not distributed to existing fund shareholders, the gains or losses are reclassified from accumulated net realized gains or losses to capital received from investors at the end of the funds’ tax year. These reclassifications have no effect on net assets or net asset values per share. The net realized in-kind gains or losses for the period ended June 30, 2022 are disclosed in the funds’ Statements of Operations, if any.

11. Federal Income Taxes:
As of June 30, 2022, the tax basis cost of the funds’ investments and gross unrealized appreciation and depreciation were as follows:
  TAX COST GROSS UNREALIZED
APPRECIATION
GROSS UNREALIZED
DEPRECIATION
NET UNREALIZED
APPRECIATION
(DEPRECIATION)
Schwab U.S. TIPS ETF $17,362,794,611 $- ($1,630,934,721) ($1,630,934,721)
Schwab Short-Term U.S. Treasury ETF 9,077,555,601 - (273,586,752) (273,586,752)
Schwab Intermediate-Term U.S. Treasury ETF 7,412,658,010 - (364,224,520) (364,224,520)
Schwab Long-Term U.S. Treasury ETF 107,170,098 - (21,463,675) (21,463,675)
Schwab U.S. Aggregate Bond ETF 8,375,260,034 - (755,969,754) (755,969,754)
Schwab 1-5 Year Corporate Bond ETF  388,702,612 37,438 (26,012,308) (25,974,870)
Schwab 5-10 Year Corporate Bond ETF 447,205,563 38,092 (53,058,352) (53,020,260)
Capital loss carryforwards have no expiration and may be used to offset future realized capital gains for federal income tax purposes. As of December 31, 2021, the funds had capital loss carryforwards as follows:
   
Schwab U.S. TIPS ETF $42,334,833
Schwab Short-Term U.S. Treasury ETF 6,843,877
Schwab Intermediate-Term U.S. Treasury ETF 25,108,713
Schwab Long-Term U.S. Treasury ETF 1,654,682
Schwab U.S. Aggregate Bond ETF 7,946,563
Schwab 1-5 Year Corporate Bond ETF  119,472
Schwab 5-10 Year Corporate Bond ETF 700,704
The tax-basis components of distributions and components of distributable earnings on a tax basis are finalized at fiscal year-end; accordingly, tax basis balances have not been determined as of June 30, 2022. The tax-basis components of distributions paid during the year ended December 31, 2021 were as follows:
  PRIOR FISCAL YEAR END DISTRIBUTIONS
  ORDINARY
INCOME
Schwab U.S. TIPS ETF $852,013,180
Schwab Short-Term U.S. Treasury ETF 34,862,540
Schwab Intermediate-Term U.S. Treasury ETF 36,438,300
Schwab Long-Term U.S. Treasury ETF 1,504,385
Schwab U.S. Aggregate Bond ETF 191,909,550
Schwab 1-5 Year Corporate Bond ETF  5,031,370
Schwab 5-10 Year Corporate Bond ETF 6,826,280
Distributions paid to shareholders are based on net investment income and net realized gains determined on a tax basis, which may differ from net investment income and net realized gains for financial reporting purposes. These differences reflect the differing character of certain income items and net realized gains and losses for financial statement and tax purposes, and may result in reclassification among certain capital accounts on the financial statements. The funds may also designate a portion of the amount paid to redeeming shareholders as a distribution for tax purposes.
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Financial Notes, unaudited (continued)

11. Federal Income Taxes (continued):
As of December 31, 2021, management has reviewed the tax positions for open periods (for federal purposes, three years from the date of filing and for state purposes, four years from the date of filing) as applicable to the funds, and has determined that no provision for income tax is required in the funds’ financial statements. The funds recognize interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the Statement of Operations. During the fiscal year ended December 31, 2021, the funds did not incur any interest or penalties.

12. Subsequent Events:
Management has determined there are no subsequent events or transactions through the date the financial statements were issued that would have materially impacted the financial statements as presented.
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Shareholder Vote Results  (Unaudited)

A Special Meeting of Shareholders of Schwab Strategic Trust (the “Trust”) was held on June 1, 2022, for the purpose of seeking shareholder approval to elect the following individuals as trustees of the Trust: Walter W. Bettinger II, Richard A. Wurster, Michael J. Beer, Robert W. Burns, Nancy F. Heller, David L. Mahoney, Jane P. Moncreiff, Kiran M. Patel, Kimberly S. Patmore, and J. Derek Penn. The number of votes necessary to conduct the Special Meeting and approve the proposal was obtained. The results of the shareholder vote are listed below:
Proposal – To elect each of the
following individuals as trustees of the Trust:
For Withheld
Walter W. Bettinger II 1,707,011,744.958 53,766,812.577
Richard A. Wurster 1,741,778,933.018 18,999,624.517
Michael J. Beer 1,741,911,579.511 18,866,978.024
Robert W. Burns 1,742,002,589.714 18,775,967.821
Nancy F. Heller 1,743,265,288.229 17,513,269.306
David L. Mahoney 1,488,067,807.852 272,710,749.683
Jane P. Moncreiff 1,743,396,670.121 17,381,887.414
Kiran M. Patel 1,738,761,227.827 22,017,329.708
Kimberly S. Patmore 1,740,654,694.664 20,123,862.871
J. Derek Penn 1,739,737,491.136 21,041,066.399
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Investment Advisory Agreement Approval

The Investment Company Act of 1940, as amended (the 1940 Act), requires that the continuation of a fund’s investment advisory agreement must be specifically approved (1) by the vote of the trustees or by a vote of the shareholders of the fund, and (2) by the vote of a majority of the trustees who are not parties to the investment advisory agreement or “interested persons” of any party (the Independent Trustees), cast in person at a meeting called for the purpose of voting on such approval. In connection with such approvals, the fund’s trustees must request and evaluate, and the investment adviser is required to furnish, such information as may be reasonably necessary to evaluate the terms of the investment advisory agreement.
The Board of Trustees (the Board or the Trustees, as appropriate) calls and holds one or more meetings each year that are dedicated, in whole or in part, to considering whether to renew the investment advisory agreement (the Agreement) between Schwab Strategic Trust (the Trust) and Charles Schwab Investment Management, Inc. (dba Schwab Asset Management) (the investment adviser) with respect to the existing funds in the Trust, including Schwab U.S. TIPS ETF, Schwab Short-Term U.S. Treasury ETF, Schwab Intermediate-Term U.S. Treasury ETF, Schwab U.S. Aggregate Bond ETF, Schwab 1-5 Year Corporate Bond ETF, Schwab 5-10 Year Corporate Bond ETF, and Schwab Long-Term U.S. Treasury ETF (the Funds), and to review certain other agreements pursuant to which the investment adviser provides investment advisory services to certain other registered investment companies. In preparation for the meeting(s), the Board requests and reviews a wide variety of materials provided by the investment adviser, including information about the investment adviser’s affiliates, personnel, business goals and priorities, profitability, third-party oversight, corporate structure and operations. As part of the renewal process, the Independent Trustees’ legal counsel, on behalf of the Independent Trustees, sends an information request letter to the investment adviser seeking certain relevant information. The responses by the investment adviser are provided to the Trustees in the Board materials for their review prior to their meeting, and the Trustees are provided with the opportunity to request any additional materials. The Board also receives data provided by an independent provider of investment company data. This information is in addition to the detailed information about the Funds that the Board reviews during the course of each year, including information that relates to the Funds’ operations and performance, legal and compliance matters, risk management, portfolio turnover, and sales and marketing activity. In considering the renewal, the Independent Trustees receive advice from Independent Trustees’ legal counsel, including a memorandum regarding the responsibilities of trustees for the approval of investment advisory agreements. In addition, the Independent Trustees participate in question and
answer sessions with representatives of the investment adviser and meet in executive session outside the presence of Fund management.
The Board, including a majority of the Independent Trustees, considered information specifically relating to the continuance of the Agreement with respect to the Funds at meetings held on May 16, 2022 and June 8, 2022, and approved the renewal of the Agreement with respect to the Funds for an additional one-year term at the meeting on June 8, 2022 called for the purpose of voting on such approval.
The Board’s approval of the continuance of the Agreement with respect to the Funds was based on consideration and evaluation of a variety of specific factors discussed at these meetings and at prior meetings, including:
1. the nature, extent and quality of the services provided to each Fund under the Agreement, including the resources of the investment adviser and its affiliates dedicated to the Funds;
2. each Fund’s investment performance and how it compared to that of certain other comparable exchange-traded funds and benchmark data;
3. each Fund’s expenses and how those expenses compared to those of certain other similar exchange-traded funds;
4. the profitability of the investment adviser and its affiliates, including Charles Schwab & Co., Inc. (Schwab), with respect to each Fund, including both direct and indirect benefits accruing to the investment adviser and its affiliates; and
5. the extent to which economies of scale would be realized as each Fund grows and whether fee levels in the Agreement reflect those economies of scale for the benefit of Fund investors.
Nature, Extent and Quality of Services. The Board considered the nature, extent and quality of the services provided by the investment adviser to the Funds and the resources of the investment adviser and its affiliates dedicated to the Funds. In this regard, the Trustees evaluated, among other things, the investment adviser’s experience, track record, compliance program, resources dedicated to hiring and retaining skilled personnel and specialized talent, and information security resources. The Trustees also considered information provided by the investment adviser relating to services and support provided with respect to the Funds’ portfolio management team, portfolio strategy, and internal investment guidelines, as well as trading infrastructure, liquidity management, product design and analysis, shareholder communications, securities valuation, fund accounting and custody, and vendor and risk oversight. The Trustees also considered investments the investment adviser has made in its infrastructure, including
 
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modernizing the investment adviser’s technology and use of data, increasing expertise in key areas (including portfolio management and trade operations), and improving business continuity, cybersecurity, due diligence, risk management processes, and information security programs, which are designed to provide enhanced services to the Funds and their shareholders. The Trustees considered Schwab’s overall financial condition and reputation as a full service brokerage firm. Following such evaluation, the Board concluded, within the context of its full deliberations, that the nature, extent and quality of services provided by the investment adviser to the Funds and the resources of the investment adviser and its affiliates dedicated to the Funds supported renewal of the Agreement with respect to the Funds.
Fund Performance. The Board considered each Fund’s performance in determining whether to renew the Agreement with respect to such Fund. Specifically, the Trustees considered each Fund’s performance relative to a peer category of other exchange-traded funds and applicable indices/benchmarks, in light of portfolio yield and market trends, as well as in consideration of each Fund’s investment style and strategy attributes and disclosures. As part of this review, the Trustees considered the composition of the peer category, selection criteria and the reputation of the independent provider of investment company data who prepared the peer category analysis. In evaluating the performance of each Fund, the Trustees considered the risk profile for such Fund and such Fund’s demonstrated performance in tracking its benchmark index. The Trustees further considered the level of Fund performance in the context of their review of Fund expenses and the investment adviser’s profitability discussed below and also noted that the Board and a designated committee of the Board review performance throughout the year. Although each of Schwab Intermediate-Term U.S. Treasury ETF and Schwab U.S. Aggregate Bond ETF had performance that ranked in the fourth quartile of a relevant peer group for more than one performance period considered, the Board concluded that other factors relevant to performance supported renewal of the Agreement with respect to these Funds including that the underperformance was attributable, to a significant extent, to investment decisions by the investment adviser that were reasonable and consistent with the Funds’ investment objective and policies and that the investment adviser had taken steps designed to help improve performance. Following such evaluation, the Board concluded, within the context of its full deliberations that the performance of each Fund supported renewal of the Agreement with respect to such Fund.
Fund Expenses. With respect to each Fund’s expenses, the Trustees considered the rate of compensation called for by the Agreement and each Fund’s operating expense ratio, in each case, in comparison to those of other similar exchange-traded funds, such peer groups and comparisons having been selected and calculated by an independent provider of investment company data. The investment adviser reported to
the Board, and the Board took into account, the risk assumed by the investment adviser in the development of the Funds and provision of services as well as the competitive marketplace for financial products. The Trustees also considered fees charged by the investment adviser to mutual funds that it manages. The Board evaluated the Funds’ unitary fee through review of comparative information with respect to fees paid by other similar exchange-traded funds tracking fixed income indexes. Following such evaluation, the Board concluded, within the context of its full deliberations, that the expenses of each Fund are reasonable and supported renewal of the Agreement with respect to such Fund.
Profitability. The Trustees considered the compensation flowing to the investment adviser and its affiliates, directly or indirectly, and reviewed profitability on a pre-tax basis, without regard to distribution expenses. In this connection, the Trustees reviewed management’s profitability analyses. The Trustees also reviewed profitability of the investment adviser relating to the Schwab fund complex as a whole, noting the benefits to Fund shareholders of being part of the Schwab fund complex, including the allocations of certain fixed costs across the Funds and other funds in the complex. The Trustees also considered any other benefits derived by the investment adviser from its relationship with the Funds, such as whether, by virtue of its management of the Funds, the investment adviser obtains investment information or other research resources that aid it in providing advisory services to other clients. The Trustees considered whether the compensation and profitability with respect to the Funds under the Agreement and other service agreements were reasonable and justified in light of the quality of all services rendered to the Funds by the investment adviser and its affiliates. The Trustees noted that the investment adviser continues to invest substantial sums in its business in order to provide enhanced research capabilities, services and systems to benefit the Funds. Based on this evaluation, the Board concluded, within the context of its full deliberations, that the profitability of the investment adviser is reasonable and supported renewal of the Agreement with respect to such Fund.
Economies of Scale. Although the Trustees recognized the difficulty of determining economies of scale with precision, the Trustees considered the potential existence of any economies of scale by way of the relatively low advisory fee and unitary fee structure of the Funds and whether those are passed along to a Fund’s shareholders through (i) the enhancement of services provided to the Funds in return for fees paid, including through investments by the investment adviser in its infrastructure, including modernizing the investment adviser’s technology and use of data, increasing expertise and capabilities in key areas (including portfolio and trade operations), and improving business continuity, cybersecurity, due diligence and information security programs, which are designed to provide enhanced services to the Funds and their shareholders; and (ii) pricing a fund to scale and keeping overall expenses down as the fund grows. The Trustees acknowledged that the
 
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investment adviser has shared any economies of scale with the Funds by investing in the investment adviser’s infrastructure, as discussed above, over time and that the investment adviser’s internal costs of providing investment management, technology, administrative, legal and compliance services to the Funds continue to increase as a result of regulatory or other developments. Based on this evaluation, the Board concluded, within the context of its full deliberations, that each Fund obtains reasonable benefits from economies of scale.
In the course of their deliberations, the Trustees may have accorded different weights to various factors and did not
identify any particular information or factor that was all important or controlling. Based on the Trustees’ deliberation and their evaluation of the information described above, the Board, including all of the Independent Trustees, approved the continuation of the Agreement with respect to the Funds and concluded that the compensation under the Agreement with respect to the Funds is fair and reasonable in light of the services provided and the related expenses borne by the investment adviser and its affiliates and such other matters as the Trustees considered to be relevant in the exercise of their reasonable judgment.
 
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Trustees and Officers

The tables below give information about the trustees and officers of Schwab Strategic Trust, which includes the funds covered in this report. The “Fund Complex” includes The Charles Schwab Family of Funds, Schwab Capital Trust, Schwab Investments, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust. The Fund Complex includes 104 funds.
The address for all trustees and officers is 211 Main Street, San Francisco, CA 94105. You can find more information about the trustees and officers in the Statement of Additional Information, which is available free by calling 1-877-824-5615.
Independent Trustees
Name, Year of Birth, and
Position(s) with the trust
(Terms of office, and
length of Time Served1)
Principal Occupations
During the Past Five Years
Number of
Portfolios in
Fund Complex
Overseen by
the Trustee
Other Directorships
Robert W. Burns
1959
Trustee
(Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016)
Retired/Private Investor. 104 None
Nancy F. Heller
1956
Trustee
(Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018)
Retired. 104 None
David L. Mahoney
1954
Trustee
(Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016)
Private Investor. 104 Director (2004 – present), Corcept Therapeutics Incorporated
Director (2009 – 2021), Adamas Pharmaceuticals, Inc.
Director (2003 – 2019), Symantec Corporation
Jane P. Moncreiff
1961
Trustee
(Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2019)
Consultant (2018 – present), Fulham Advisers LLC (management consulting); Chief Investment Officer (2009 – 2017), CareGroup Healthcare System, Inc. (healthcare). 104 None
Kiran M. Patel
1948
Trustee
(Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016)
Retired. 104 Director (2008 – present), KLA-Tencor Corporation
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Independent Trustees (continued)
Name, Year of Birth, and
Position(s) with the trust
(Terms of office, and
length of Time Served1)
Principal Occupations
During the Past Five Years
Number of
Portfolios in
Fund Complex
Overseen by
the Trustee
Other Directorships
Kimberly S. Patmore
1956
Trustee
(Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016)
Consultant (2008 – present), Patmore Management Consulting (management consulting). 104 None

J. Derek Penn
1957
Trustee
(Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021)
Head of Equity Sales and Trading (2006 – 2018), BNY Mellon (financial services). 104 None
    
Interested Trustees
Name, Year of Birth, and
Position(s) with the trust
(Terms of office, and
length of Time Served1)
Principal Occupations
During the Past Five Years
Number of
Portfolios in
Fund Complex
Overseen by
the Trustee
Other Directorships
Walter W. Bettinger II2
1960
Chairman and Trustee
(Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Schwab Strategic Trust since 2009; Laudus Trust since 2010)
Co-Chairman of the Board (July 2022 – present), Director and Chief Executive Officer (Oct. 2008 – present) and President (Feb. 2007 – Oct. 2021), The Charles Schwab Corporation; President and Chief Executive Officer (Oct. 2008 – Oct. 2021) and Director (May 2008 – Oct. 2021), Charles Schwab & Co., Inc.; Director (Apr. 2006 – present), Charles Schwab Bank, SSB; Director (Nov. 2017 – present), Charles Schwab Premier Bank, SSB; Director (July 2019 – present), Charles Schwab Trust Bank; Director (May 2008 – present), Chief Executive Officer (Aug. 2017 – present), and President (Aug. 2017 – Nov. 2021), Schwab Holdings, Inc.; Director (Oct. 2020 – present), TD Ameritrade Holding Corporation; Director (July 2016 – Oct. 2021), Charles Schwab Investment Management, Inc. 104 Director (2008 – present), The Charles Schwab Corporation
Joseph R. Martinetto2
1962
Trustee
(Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016)
Managing Director (Jan. 2022 – present), Chief Operating Officer (Feb. 2018 – present) and Senior Executive Vice President (Feb. 2018 – Apr. 2022), The Charles Schwab Corporation; Managing Director (May 2022 – present) and Senior Executive Vice President (July 2015 – May 2022), Charles Schwab & Co., Inc.; Director (May 2007 – present), Charles Schwab & Co., Inc.; Director (Apr. 2010 – Apr. 2020), Charles Schwab Bank, SSB; Director (Nov. 2017 – Apr. 2020), Charles Schwab Premier Bank, SSB; Director (May 2007 – present), Senior Executive Vice President (Feb. 2016 – present) and Chief Financial Officer (Feb. 2016 – Aug. 2017), Schwab Holdings, Inc.; Director (Oct. 2020 – present), TD Ameritrade Holding Corporation. 104 None
    
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Officers of the Trust
Name, Year of Birth, and Position(s) with the trust
(Terms of office, and length of Time Served3)
Principal Occupations During the Past Five Years
Jonathan de St. Paer
1973
President and Chief Executive Officer
(Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018)
Director (Apr. 2019 – present), President (Oct. 2018 – present), Chief Operating Officer (Jan. 2021 – present), and Chief Executive Officer (Apr. 2019 – Nov. 2019), Charles Schwab Investment Management, Inc.; Senior Vice President (June 2020 – Mar. 2022) and Chief Operating Officer (Jan. 2021 – Mar. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (Apr. 2019 – present), President (Nov. 2018 – present) and Trustee (Apr. 2019 – Dec. 2020), Schwab Funds, Laudus Trust and Schwab ETFs; Director (Mar. 2019 – Apr. 2022), Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited; Managing Director (May 2022 – present), Senior Vice President (Apr. 2019 – May 2022) and Senior Vice President – Strategy and Product Development (CSIM) (Jan. 2014 – Mar. 2019), Charles Schwab & Co., Inc.
Mark Fischer
1970
Treasurer, Chief Financial Officer and Chief Operating Officer
(Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013)
Treasurer and Chief Financial Officer (Jan. 2016 – present) and Chief Operating Officer (Dec. 2020 – present), Schwab Funds, Laudus Trust and Schwab ETFs; Chief Financial Officer (Mar. 2020 – present) and Vice President (Oct. 2013 – present), Charles Schwab Investment Management, Inc.; Director (July 2020 – Apr. 2022), Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited.
Omar Aguilar
1970
Vice President and Chief Investment Officer
(Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011)
Chief Executive Officer (Jan. 2022 – present), Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Dec. 2021), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2011 – present), Schwab Funds, Laudus Trust and Schwab ETFs.
Brett Wander
1961
Vice President and Chief Investment Officer
(Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011)
Senior Vice President and Chief Investment Officer (Apr. 2011 – present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2011 – present), Schwab Funds, Laudus Trust and Schwab ETFs.
William P. McMahon, Jr.
1972
Vice President and Chief Investment Officer
(Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021)
Senior Vice President and Chief Investment Officer (Jan. 2020 – present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2021 – present), Schwab Funds, Laudus Trust and Schwab ETFs; Senior Vice President and Chief Investment Officer – ThomasPartners Strategies (Apr. 2018 – Dec. 2019), Charles Schwab Investment Advisory, Inc.; Senior Vice President and Chief Investment Officer (May 2001 – Apr. 2018), ThomasPartners, Inc.
Catherine MacGregor
1964
Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs
Chief Legal Officer, Vice President and Clerk, Laudus Trust
(Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009)
Chief Legal Officer (Mar. 2022 – present) and Vice President (Sept. 2005 – present), Charles Schwab Investment Management, Inc.; Managing Director (May 2022 – present) and Vice President (July 2005 – May 2022), Charles Schwab & Co., Inc.; Vice President (Dec. 2005 – present) and Chief Legal Officer and Clerk (Mar. 2007 – present), Laudus Trust; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President (Nov. 2005 – Oct. 2021) and Assistant Secretary (June 2007 – Oct. 2021), Schwab Funds; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President and Assistant Secretary (Oct. 2009 – Oct. 2021), Schwab ETFs.
1 Each Trustee shall hold office until the election and qualification of his or her successor, or until he or she dies, resigns or is removed. The retirement policy requires that each independent trustee retire by December 31 of the year in which the Trustee turns 74 or the Trustee’s twentieth year of service as an independent trustee on any trust in the Fund Complex, whichever occurs first.
2 Mr. Bettinger and Mr. Martinetto are Interested Trustees. Mr. Bettinger is an Interested Trustee because he owns stock of The Charles Schwab Corporation (CSC), the parent company of Charles Schwab Investment Management, Inc., the investment adviser for the trusts in the Fund Complex, and is an employee of Charles Schwab & Co., Inc. (Schwab), the principal underwriter for The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust. Mr. Martinetto is an Interested Trustee because he owns stock of CSC and is an employee and director of Schwab.
3 The President, Treasurer and Secretary/Clerk hold office until their respective successors are chosen and qualified or until he or she sooner dies, resigns, is removed or becomes disqualified. Each of the other officers serves at the pleasure of the Board.
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Glossary

ask  See “offer.”
asset allocation  The practice of dividing a portfolio among different asset classes, with each asset class assigned a particular percentage to help offset risks and rewards, based on your goals, time horizon and risk tolerance.
asset-backed securities  Bond or other debt securities that represent ownership in a pool of assets such as credit card debt.
asset class  A group of securities with similar structure and basic characteristics. Stocks, bonds and cash are the three main examples of asset classes.
authorized participant (AP)  A large institutional investor that places orders for creation units with the funds’ distributor.
bid  The highest price at which someone is willing to buy a security.
Bloomberg US 1–5 Year Corporate Bond Index  An index that measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. The securities in the index must be denominated in U.S. dollars and must be fixed-rate. The index includes securities publicly issued by U.S. and non-U.S. industrial, utility and financial issuers. The index excludes certain types of securities, including contingent capital securities, inflation-linked bonds, floating-rate issues, taxable and tax-exempt municipal securities, structured notes and pass-through certificates. The index is market capitalization weighted and the securities in the index are updated on the last business day of each month.
Bloomberg US 5–10 Year Corporate Bond Index  An index that measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to five years and less than ten years that have $300 million or more of outstanding face value. The securities in the index must be denominated in U.S. dollars and must be fixed-rate. The index includes securities publicly issued by U.S. and non-U.S. industrial, utility and financial issuers. The index excludes certain types of securities, including contingent capital securities, inflation-linked bonds, floating-rate bonds, taxable and tax-exempt municipal securities, structured notes and pass-through certificates. The index is market capitalization weighted and the securities in the index are updated on the last business day of each month.
Bloomberg US Aggregate Bond Index  An index that is a broad-based benchmark measuring the performance of the U.S. investment grade, taxable bond market, including U.S. Treasuries, government-related and corporate bonds, mortgage pass-through securities, commercial mortgage-backed securities, and asset-backed securities that are publicly available for sale in the United States. To be eligible for inclusion in the index, securities must be fixed rate, non-convertible, U.S. dollar-denominated with at least $300 million or more of outstanding face value and have one or more years remaining to maturity. The index excludes certain types of securities, including tax-exempt state and local government series bonds, structured notes embedded with swaps or other special features, private placements, floating rate securities, inflation-linked bonds and Eurobonds. The index is market capitalization weighted and the securities in the index are updated on the last business day of each month.
Bloomberg US Long Treasury Index  An index that includes all publicly issued, U.S. Treasury securities that have a remaining maturity of ten or more years, are rated investment grade, and have $300 million or more of outstanding face value. The securities in the index must be denominated in U.S. dollars and must be fixed-rate and non-convertible. The index excludes U.S. Treasury stripped securities. The index is market capitalization weighted and the securities in the index are updated on the last business day of each month.
Bloomberg US Treasury 1–3 Year Index  An index which includes all publicly-issued U.S. Treasury securities that have a remaining maturity of greater than or equal to one year and less than three years, are rated investment grade, and have $300 million or more of outstanding face value. The securities in the index must be denominated in U.S. dollars and must be fixed-rate and non-convertible. The index excludes state and local government series bonds and coupon issues that have been stripped from bonds. The index is market capitalization weighted and the securities in the index are updated on the last business day of each month.
Bloomberg US Treasury 3–10 Year Index  An index which includes all publicly-issued U.S. Treasury securities that have a remaining maturity of greater than or equal to three years and less than ten years, are rated investment grade, and have $300 million or more of outstanding face value. The securities in the index must be denominated in U.S. dollars and must be fixed-rate and non-convertible. The index excludes state and local government series bonds and coupon issues that have been stripped from bonds. The index is market capitalization weighted and the securities in the index are updated on the last business day of each month.
Bloomberg US Treasury Inflation-Linked Bond Index (Series-L)  An index which includes all publicly-issued U.S. Treasury Inflation-Protected Securities (TIPS) that have at least one year remaining to maturity, are rated investment grade and have $500 million or more of outstanding face value. The TIPS in the index must be denominated in U.S. dollars and must be fixed-rate and non-convertible. The index is market capitalization weighted and the TIPS in the index are updated on the last business day of each month. TIPS are publicly issued, dollar denominated U.S. Government securities issued by the U.S. Treasury that have principal and interest payments linked to an official inflation measure (as measured by the Consumer Price Index, or CPI) and their payments are supported by the full faith and credit of the United States.
bond  A security representing a loan from the investor to the issuer. A bond typically pays interest at a fixed rate (the “coupon rate”) until a specified date (the “maturity date”), at which time the issuer returns the money borrowed (“principal” or “face value”) to the bondholder. Because of their structure, bonds are sometimes called “fixed income securities” or “debt securities.”
call  An early repayment of a bond’s principal by the issuer, usually done because the issuer is able to refinance its bond debt at a lower rate.
call protection  A term used in reference to a bond that cannot be called by the issuer before maturity, or at least for many years from the present date. A bond that offers call protection can more reliably be expected to provide a given yield over a given number of years than a bond that could be called (assuming both bonds are of the same credit quality).
capital gain, capital loss  The difference between the amount paid for an investment and its value at a later time. If the investment has been sold, the capital gain or loss is considered a realized gain or loss. If the investment is still held, the gain or loss is still “on paper” and is considered unrealized.
commencement of operations  The date that the first NAV was calculated.
coupon, coupon rate  The annual rate of interest paid until maturity by the issuer of a debt security.
 
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creation unit (C.U.)  A basket of securities that is delivered by an authorized participant (AP) to the fund equal to the current holdings of the ETF, plus a designated cash component. In return, the APs receive a large block of ETF shares (typically 50,000 shares), which investors can then buy and sell in the secondary market.
credit quality  The capacity of an issuer to make its interest and principal payments; an assessment typically rendered by an independent third-party organization.
credit risk  The risk that a bond issuer may be unable to pay interest or principal to its bondholders.
duration  A measure of an individual bond’s sensitivity to interest rates, expressed in years. Calculations of duration generally take into account the bond’s yield, interest payments, maturity date and call features.
weighted average duration  A measure of the duration of all bonds in a fund’s portfolio, also expressed in years, based on the market value weighted average duration of each bond in the portfolio.
exchange  A marketplace, or any organization or group that provides or maintains a marketplace for trading securities, options, futures, or commodities.
expense ratio  The amount that is taken from the fund’s assets each year to cover the operating expenses. An expense ratio of 0.50% means that a fund’s expenses amount to half of one percent of its average net assets a year.
face value  The value of a bond, note, mortgage or other security as given on the certificate or instrument. Face value is also referred to as par value or nominal value.
inception date  The date that the shares began trading in the secondary market.
indicative optimized portfolio value (IOPV)  A calculation disseminated by the stock exchange that approximates the fund’s NAV every 15 seconds throughout the trading day.
interest  Payments to bondholders (usually made twice a year) as compensation for loaning the bond principal to the issuer.
interest rate risk  The risk that a bond’s value will fluctuate if market interest rates change or are expected to change. Bond prices tend to move in the opposite direction of interest rates: when interest rates rise, bond prices tend to fall.
liquidity  The ability to convert a security or asset quickly into cash.
market price return  The return based on the change in market price per share of the fund over a given time period. Market price returns assume that dividends and capital gain distributions have been reinvested in the fund at market price.
maturity  The maturity of a bond will generally be determined using a portfolio security’s final maturity date (date on which the final principal payment of a bond is scheduled to be paid); however, for securitized products, such as mortgage-backed securities and certain other asset-backed securities, maturity will be determined on an average life basis (weighted average time to receipt of all principal payments) by the investment adviser. Because pre-payment rates of individual mortgage pools vary widely, the average life of a particular pool cannot be predicted precisely. For securities with embedded demand features, such as puts or calls, either the demand date or the final maturity date will be used depending on interest rates, yields and other market conditions. The weighted average maturity (WAM) of a fund is dollar-weighted based upon the market value of a fund’s securities at the time of the calculation.
mortgage-backed securities  Bond or other debt securities that represent ownership in a pool of mortgage loans.
net asset value (NAV)  The value of one share of a fund. NAV is calculated by taking the fund’s total assets, subtracting liabilities, and dividing by the number of shares outstanding.
NAV return  The return based on the change in NAV of the fund over a given time period. NAV returns assume that dividends and capital gain distributions have been reinvested in the fund.
offer (ask)  The lowest price at which an individual is willing to sell a security.
open  The price at which a security opened for trading on a given day.
outstanding shares, shares outstanding  When speaking of the fund, indicates all shares currently held by investors.
prepayment risk  The risk that a mortgage-backed security may be paid off early, typically because interest rates have fallen and the homeowners who hold the underlying mortgages have refinanced those mortgages at lower rates. In this type of situation, the investor who held the mortgage-backed security will usually have to settle for a lower rate when reinvesting the principal.
primary market  The market that deals with the issuance of new securities.
replication  If a fund uses a full replication method, the fund will invest substantially all of its assets proportionately in the securities included in the underlying index.
sampling  If a fund uses a sampling method, the fund will not fully replicate the underlying index and may hold securities not included in the index. A fund that utilizes a sampling approach may not track the return of the index as closely as a fund that uses a full replication method.
secondary market  The market in which investors purchase securities from other investors rather than directly from the issuing companies. Organized exchanges facilitate the trading of securities in the secondary market.
spread  The gap between bid and ask prices of a security.
total return  The percentage that an investor would have earned or lost on an investment in the fund assuming dividends and distributions were reinvested.
tracking error  The difference between the performance of the fund and its benchmark index, positive or negative.
Treasury inflation protected security (TIPS)  A United States Treasury bond whose principal increases at the same rate as the Consumer Price Index (CPI).The interest payment is then calculated off that inflated (adjusted) principal and repaid at maturity.
weighted average  For mutual funds or ETFs, an average that gives the same weight to each security as the security represents in the fund’s portfolio.
yield  The income paid out by an investment, expressed as a percentage of the investment’s market value.
yield to maturity  The annualized rate of return a bondholder could expect if the bond were held to maturity. In addition to interest payments, yield to maturity also factors in any difference between a bond’s current price and its principal amount, or face value.
 
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Notes
         

 


 

Notes
    

 

Schwab Fixed-Income ETFs
Schwab ETFs

Schwab ETFs are designed to serve as simple low-cost core investment products for a diversified portfolio. These ETFs seek to provide consistent, repeatable performance through a variety of investment strategies that span the equity and fixed income spectrum. The list below shows all currently available Schwab ETFs.
Investors should carefully consider information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges and expenses before investing. Please call 1-877-824-5615 for a prospectus for any Schwab ETF. Please read the prospectus carefully before you invest. This report must be preceded or accompanied by a current prospectus.
Proxy Voting Policies, Procedures and Results
A description of the proxy voting policies and procedures used to determine how to vote proxies on behalf of the funds is available without charge, upon request, by visiting the Schwab ETFs’ website at www.schwabassetmanagement.com/schwabetfs_prospectus, the SEC’s website at www.sec.gov, or by contacting Schwab ETFs at 1-877-824-5615.
Information regarding how a fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 is available, without charge, by visiting the fund’s website at www.schwabassetmanagement.com/schwabetfs_prospectus or the SEC’s website at www.sec.gov.
    
    
Schwab ETFs
U.S. ETFs
Schwab U.S. Broad Market ETF
Schwab 1000 Index® ETF
Schwab U.S. Large-Cap ETF
Schwab U.S. Large-Cap Growth ETF
Schwab U.S. Large-Cap Value ETF
Schwab U.S. Mid-Cap ETF
Schwab U.S. Small-Cap ETF
Schwab U.S. Dividend Equity ETF
Schwab U.S. REIT ETF
International ETFs
Schwab International Dividend Equity ETF
Schwab International Equity ETF
Schwab International Small-Cap Equity ETF
Schwab Emerging Markets Equity ETF
Fixed-Income ETFs
Schwab U.S. TIPS ETF
Schwab Short-Term U.S. Treasury ETF
Schwab Intermediate-Term U.S. Treasury ETF
Schwab Long-Term U.S. Treasury ETF
Schwab U.S. Aggregate Bond ETF
Schwab 1-5 Year Corporate Bond ETF
Schwab 5-10 Year Corporate Bond ETF
Fundamental Index* ETFs
Schwab Fundamental U.S. Broad Market Index ETF
Schwab Fundamental U.S. Large Company Index ETF
Schwab Fundamental U.S. Small Company Index ETF
Schwab Fundamental International Large Company Index ETF
Schwab Fundamental International Small Company Index ETF
Schwab Fundamental Emerging Markets Large Company
Index ETF
Active, Semi-Transparent (Also Known As Non-Transparent) ETF
Schwab Ariel ESG ETF
Thematic ETFs
Schwab Crypto Thematic ETF    
 
Investment Adviser
Charles Schwab Investment Management, Inc., dba Schwab Asset Management
211 Main Street, San Francisco, CA 94105
Schwab ETFs
1-877-824-5615
© 2022 Charles Schwab Investment Management, Inc., dba Schwab Asset Management. All rights reserved.
Printed on recycled paper.
    
* FUNDAMENTAL INDEX is a registered trademark of Research Affiliates LLC.
The Schwab Ariel ESG ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This fund will not. This may create additional risks for your investment. For example:
You may have to pay more money to trade the fund’s shares. This fund will provide less information to traders, who tend to charge more for trades when they have less information.
The price you pay to buy fund shares on an exchange may not match the value of the fund’s portfolio. The same is true when you sell shares. These price differences may be greater for this fund compared to other ETFs because it provides less information to traders.
These additional risks may be even greater in bad or uncertain market conditions.
The ETF will publish on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETF. While the Proxy Portfolio includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.
The differences between this fund and other ETFs may also have advantages. By keeping certain information about the fund secret, this fund may face less risk that other traders can predict or copy its investment strategy. This may improve the fund’s performance. If other traders are able to copy or predict the fund’s investment strategy, however, this may hurt the fund’s performance.
For additional information regarding the unique attributes and risks of the fund, see Proxy Portfolio Risk, Premium/Discount Risk, Trading Halt Risk, Authorized Participant Concentration Risk, Tracking Error Risk and Shares of the Fund May Trade at Prices Other Than NAV in the Principal Risks and Proxy Portfolio and Proxy Overlap sections of the prospectus and/or the Statement of Additional Information. These risks are discussed on the next page.

 

Schwab Fixed-Income ETFs
Active semi-transparent ETFs operate differently from other exchange-traded funds (ETFs). Unlike other ETFs, an active semi-transparent ETF does not publicly disclose its entire portfolio composition each business day, which may affect the price at which shares of the ETF trade in the secondary market. Active semi-transparent ETFs have limited public trading history. There can be no assurance that an active trading market will develop, be maintained or operate as intended. There is a risk that the market price of an active semi-transparent ETF may vary significantly from the ETF’s net asset value and that its shares may trade at a wider bid/ask spread and, therefore, cost investors more to trade than shares of other ETFs. These risks are heightened during periods of market disruption or volatility.
Proxy Portfolio Risk: Unlike traditional ETFs, this fund does not disclose its portfolio holdings (Actual Portfolio) daily. The fund instead posts a Proxy Portfolio on its website each day. The Proxy Portfolio is designed to reflect the economic exposures and risk characteristics of the fund’s actual holdings on each trading day, but it is not the same as the fund’s Actual Portfolio. Although the Proxy Portfolio is intended to provide investors with enough information to allow for an effective arbitrage mechanism that will keep the market price of the Fund at or close to the underlying NAV per Share of the Fund, there is a risk (which may increase during periods of market disruption or volatility) that market prices will vary significantly from the underlying NAV of the fund. ETF trading on the basis of a published Proxy Portfolio may trade at a wider bid/ask spread than ETFs that publish their portfolios on a daily basis, especially during periods of market disruption or volatility, and therefore may cost investors more to trade. Also, while the Fund seeks to benefit from keeping its portfolio information secret, market participants may attempt to use the Proxy Portfolio to identify a Fund’s trading strategy, which if successful, could result in such market participants engaging in certain predatory trading practices that may have the potential to harm the Fund and its shareholders.
Proxy Portfolio Construction: The Proxy Portfolio is designed to recreate the daily performance of the Actual Portfolio. This is achieved by performing a “Factor Model” analysis of the Actual Portfolio. The Factor Model is comprised of three sets of factors or analytical metrics: market-based factors, fundamental factors, and industry/sector factors. The fund uses a “Model Universe” to generate its Proxy Portfolio. The Model Universe is comprised of securities that the fund can purchase and will be a financial index or stated portfolio of securities from which fund investments will be selected. The results of the Factor Model analysis are then applied to the Model Universe. The Proxy Portfolio is then generated as a result of this Model Universe analysis with the Proxy Portfolio being a small sub-set of the Model Universe. The Factor Model is applied to both the Actual Portfolio and the Model Universe to construct the fund’s Proxy Portfolio that performs in a manner substantially identical to the performance of its Actual Portfolio. The Proxy Portfolio will only include investments the fund is permitted to hold. The fund’s SAI contains more information on the Proxy Portfolio and its construction.
Proxy Portfolio and Proxy Overlap Information regarding the contents of the Proxy Portfolio, and the percentage weight overlap between the holdings of the Proxy Portfolio and the fund’s Actual Portfolio holdings that formed the basis for its calculation of NAV at the end of the prior Business Day (the Portfolio Overlap), is available by visiting the fund’s website www.schwabassetmanagement.com.
Because environmental, social and governance (ESG) strategies exclude some securities, ESG-focused products may not be able to take advantage of the same opportunities or market trends as products that do not use such strategies. Additionally, the criteria used to select companies for investment may result in investing in securities, industries or sectors that underperform the market as a whole.

 

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(CHARLES SCHWAB ASSET MANAGMENT LOGO)
MFR62961-11
00276327


Item 2: Code of Ethics.

Not applicable to this semi-annual report.

Item 3: Audit Committee Financial Expert.

Not applicable to this semi-annual report.

Item 4: Principal Accountant Fees and Services.

Not applicable to this semi-annual report.

Item 5: Audit Committee of Listed Registrants.

Not applicable to this semi-annual report.


Item 6: Schedule of Investments.

The schedules of investments are included as part of the report to shareholders filed under Item 1 of this Form.

Item 7: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8: Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9: Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10: Submission of Matters to a Vote of Security Holders.

Not applicable.

Item 11: Controls and Procedures.

 

(a)

Based on their evaluation of Registrant’s disclosure controls and procedures, as of a date within 90 days of the filing date, Registrant’s Chief Executive Officer, Jonathan de St. Paer and Registrant’s Chief Financial Officer, Mark Fischer, have concluded that Registrant’s disclosure controls and procedures are: (i) reasonably designed to ensure that information required to be disclosed in this report is appropriately communicated to Registrant’s officers to allow timely decisions regarding disclosures required in this report; (ii) reasonably designed to ensure that information required to be disclosed in this report is recorded, processed, summarized and reported in a timely manner; and (iii) are effective in achieving the goals described in (i) and (ii) above.

 

(b)

During the period covered by this report, there have been no changes in Registrant’s internal control over financial reporting that the above officers believe to have materially affected, or to be reasonably likely to materially affect, Registrant’s internal control over financial reporting.

Item 12: Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.


Item 13: Exhibits.

 

(a)

  (1)    Code of ethics – not applicable to this semi-annual report.
  (2)    Separate certifications for Registrant’s principal executive officer and principal financial officer, as required by Rule 30a-2(a) under the Investment Company Act of 1940, are attached.
  (3)    Not applicable.

(b)

 

A certification for Registrant’s principal executive officer and principal financial officer, as required by Rule 30a-2(b) under the Investment Company Act of 1940, is attached. This certification is being furnished to the Securities and Exchange Commission solely pursuant to 18 U.S.C. section 1350 and is not being filed as part of the Form N-CSRS with the Commission.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Schwab Strategic Trust – Schwab Fixed-Income ETFs

 

By:

 

/s/ Jonathan de St. Paer

 

Jonathan de St. Paer

Chief Executive Officer

Date:

 

August 16, 2022

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:

 

/s/ Jonathan de St. Paer

 

Jonathan de St. Paer

Chief Executive Officer

Date:

 

August 16, 2022

 

By:

 

/s/ Mark Fischer

 

Mark Fischer

Chief Financial Officer

Date:

 

August 16, 2022