<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/ncen" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0505</schemaVersion>
  <headerData>
    <submissionType>N-CEN</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0001454889</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
        <fileNumber>811-22311</fileNumber>
      </filer>
      <flags>
        <overrideInternetFlag>false</overrideInternetFlag>
        <confirmingCopyFlag>false</confirmingCopyFlag>
      </flags>
      <investmentCompanyType>N-1A</investmentCompanyType>
    </filerInfo>
    <seriesClass>
      <reportSeriesClass>
        <rptSeriesClassInfo>
          <seriesId>S000029407</seriesId>
          <classInfo>
            <classId>C000090317</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000029408</seriesId>
          <classInfo>
            <classId>C000090318</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000029409</seriesId>
          <classInfo>
            <classId>C000090319</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000033156</seriesId>
          <classInfo>
            <classId>C000102078</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000066660</seriesId>
          <classInfo>
            <classId>C000214877</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000066661</seriesId>
          <classInfo>
            <classId>C000214878</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000066662</seriesId>
          <classInfo>
            <classId>C000214879</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000077692</seriesId>
          <classInfo>
            <classId>C000238180</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000085986</seriesId>
          <classInfo>
            <classId>C000251386</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000089699</seriesId>
          <classInfo>
            <classId>C000256323</classId>
          </classInfo>
        </rptSeriesClassInfo>
        <rptSeriesClassInfo>
          <seriesId>S000092777</seriesId>
          <classInfo>
            <classId>C000260816</classId>
          </classInfo>
        </rptSeriesClassInfo>
      </reportSeriesClass>
    </seriesClass>
  </headerData>
  <formData>
    <generalInfo reportEndingPeriod="2025-12-31" isReportPeriodLt12="N"/>
    <registrantInfo>
      <registrantFullName>SCHWAB STRATEGIC TRUST</registrantFullName>
      <investmentCompFileNo>811-22311</investmentCompFileNo>
      <registrantCik>0001454889</registrantCik>
      <registrantLei>549300NAZEQOIX80E226</registrantLei>
      <registrantstreet1>9800 Schwab Way</registrantstreet1>
      <registrantcity>Lone Tree</registrantcity>
      <registrantzipCode>80124</registrantzipCode>
      <registrantstate>US-CO</registrantstate>
      <registrantcountry>US</registrantcountry>
      <registrantphoneNumber>800-648-5300</registrantphoneNumber>
      <websites>
        <website webpage="www.schwabassetmanagement.com"/>
      </websites>
      <locationBooksRecords>
        <locationBooksRecord>
          <officeName>Charles Schwab Investment Management, Inc.</officeName>
          <officeAddress1>9800 Schwab Way</officeAddress1>
          <officeCity>Lone Tree</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-CO"/>
          <officeRecordsZipCode>80124</officeRecordsZipCode>
          <officePhone>800-648-5300</officePhone>
          <booksRecordsDesc>Investment Manager and Fund Administrator</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>SEI Investments Distribution Co.</officeName>
          <officeAddress1>1 Freedom Valley Drive</officeAddress1>
          <officeCity>Oaks</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-PA"/>
          <officeRecordsZipCode>19456</officeRecordsZipCode>
          <officePhone>610-676-1000</officePhone>
          <booksRecordsDesc>Principal Underwriter</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>Schwab Strategic Trust</officeName>
          <officeAddress1>9800 Schwab Way</officeAddress1>
          <officeCity>Lone Tree</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-CO"/>
          <officeRecordsZipCode>80124</officeRecordsZipCode>
          <officePhone>800-648-5300</officePhone>
          <booksRecordsDesc>Trust and Fund Records</booksRecordsDesc>
        </locationBooksRecord>
        <locationBooksRecord>
          <officeName>State Street Bank and Trust Company</officeName>
          <officeAddress1>One Congress Street</officeAddress1>
          <officeAddress2> Suite 1</officeAddress2>
          <officeCity>Boston</officeCity>
          <officeStateCountry officeCountry="US" officeState="US-MA"/>
          <officeRecordsZipCode>02114</officeRecordsZipCode>
          <officePhone>617-786-3000</officePhone>
          <booksRecordsDesc>Custodian, Transfer Agent and Fund Accountant</booksRecordsDesc>
        </locationBooksRecord>
      </locationBooksRecords>
      <isRegistrantFirstFiling>N</isRegistrantFirstFiling>
      <isRegistrantLastFiling>N</isRegistrantLastFiling>
      <registrantFamilyInvComp isRegistrantFamilyInvComp="Y" familyInvCompFullName="SCHFLFSETF"/>
      <registrantClassificationType>N-1A</registrantClassificationType>
      <totalSeries>34</totalSeries>
      <isSecuritiesActRegistration>Y</isSecuritiesActRegistration>
      <directors>
        <director>
          <directorName>David L. Mahoney</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-05547"/>
            <fileNumberInfo fileNumber="811-05954"/>
            <fileNumberInfo fileNumber="811-06200"/>
            <fileNumberInfo fileNumber="811-07704"/>
            <fileNumberInfo fileNumber="811-08314"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Jane P. Moncreiff</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-05547"/>
            <fileNumberInfo fileNumber="811-05954"/>
            <fileNumberInfo fileNumber="811-06200"/>
            <fileNumberInfo fileNumber="811-07704"/>
            <fileNumberInfo fileNumber="811-08314"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Jean Derek Penn</directorName>
          <crdNumber>001310915</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-05547"/>
            <fileNumberInfo fileNumber="811-05954"/>
            <fileNumberInfo fileNumber="811-06200"/>
            <fileNumberInfo fileNumber="811-07704"/>
            <fileNumberInfo fileNumber="811-08314"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Kimberly S. Patmore</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-05547"/>
            <fileNumberInfo fileNumber="811-05954"/>
            <fileNumberInfo fileNumber="811-06200"/>
            <fileNumberInfo fileNumber="811-07704"/>
            <fileNumberInfo fileNumber="811-08314"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Michael J. Beer</directorName>
          <crdNumber>002007424</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-05547"/>
            <fileNumberInfo fileNumber="811-05954"/>
            <fileNumberInfo fileNumber="811-06200"/>
            <fileNumberInfo fileNumber="811-07704"/>
            <fileNumberInfo fileNumber="811-08314"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Nancy F. Heller</directorName>
          <crdNumber>001813276</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-05547"/>
            <fileNumberInfo fileNumber="811-05954"/>
            <fileNumberInfo fileNumber="811-06200"/>
            <fileNumberInfo fileNumber="811-07704"/>
            <fileNumberInfo fileNumber="811-08314"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Omar Aguilar</directorName>
          <crdNumber>006014824</crdNumber>
          <isDirectorInterestedPerson>Y</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-05547"/>
            <fileNumberInfo fileNumber="811-05954"/>
            <fileNumberInfo fileNumber="811-06200"/>
            <fileNumberInfo fileNumber="811-07704"/>
            <fileNumberInfo fileNumber="811-08314"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Richard A. Wurster</directorName>
          <crdNumber>006638804</crdNumber>
          <isDirectorInterestedPerson>Y</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-05547"/>
            <fileNumberInfo fileNumber="811-05954"/>
            <fileNumberInfo fileNumber="811-06200"/>
            <fileNumberInfo fileNumber="811-07704"/>
            <fileNumberInfo fileNumber="811-08314"/>
          </fileNumbers>
        </director>
        <director>
          <directorName>Robert W. Burns</directorName>
          <crdNumber>N/A</crdNumber>
          <isDirectorInterestedPerson>N</isDirectorInterestedPerson>
          <fileNumbers>
            <fileNumberInfo fileNumber="811-05547"/>
            <fileNumberInfo fileNumber="811-05954"/>
            <fileNumberInfo fileNumber="811-06200"/>
            <fileNumberInfo fileNumber="811-07704"/>
            <fileNumberInfo fileNumber="811-08314"/>
          </fileNumbers>
        </director>
      </directors>
      <chiefComplianceOfficers>
        <chiefComplianceOfficer>
          <ccoName>Mark Hunter</ccoName>
          <crdNumber>004910590</crdNumber>
          <ccoStreet1>11800 Schwab Way</ccoStreet1>
          <ccoCity>Austin</ccoCity>
          <ccoStateCountry ccoCountry="US" ccoState="US-TX"/>
          <ccoZipCode>78758</ccoZipCode>
          <ccoPhone>XXXXXX</ccoPhone>
          <isCcoChangedSinceLastFiling>N</isCcoChangedSinceLastFiling>
          <ccoEmployers>
            <ccoEmployer ccoEmployerName="N/A" ccoEmployerId="N/A"/>
          </ccoEmployers>
        </chiefComplianceOfficer>
      </chiefComplianceOfficers>
      <isRegistrantSubmittedMatter>N</isRegistrantSubmittedMatter>
      <isPreviousLegalProceeding>N</isPreviousLegalProceeding>
      <isPreviousProceedingTerminated>N</isPreviousProceedingTerminated>
      <isClaimFiled>N</isClaimFiled>
      <coveredByInsurancePolicy isCoveredByInsurancePolicy="Y" isClaimFiledDuringPeriod="N"/>
      <isFinancialSupportDuringPeriod>N</isFinancialSupportDuringPeriod>
      <isExemptionFromAct>N</isExemptionFromAct>
      <principalUnderwriters>
        <principalUnderwriter>
          <principalUnderwriterName>SEI Investments Distribution Co.</principalUnderwriterName>
          <principalUnderwriterFileNumber>8-27897</principalUnderwriterFileNumber>
          <principalUnderwriterCrdNumber>000010690</principalUnderwriterCrdNumber>
          <principalUnderwriterLei>9845004D1BC905A05108</principalUnderwriterLei>
          <principalUnderWriterStateCountry principalUnderWriterCountry="US" principalUnderWriterState="US-PA"/>
          <isPrincipalUnderwriterAffiliatedWithRegistrant>N</isPrincipalUnderwriterAffiliatedWithRegistrant>
        </principalUnderwriter>
      </principalUnderwriters>
      <isUnderwriterHiredOrTerminated>N</isUnderwriterHiredOrTerminated>
      <publicAccountants>
        <publicAccountant>
          <publicAccountantName>Deloitte &amp; Touche LLP</publicAccountantName>
          <pcaobNumber>34</pcaobNumber>
          <publicAccountantLei>254900WYZPGQGKV3RF07</publicAccountantLei>
          <publicAccountantStateCountry publicAccountantCountry="US" publicAccountantState="US-CO"/>
        </publicAccountant>
      </publicAccountants>
      <isPublicAccountantChanged>N</isPublicAccountantChanged>
      <isMaterialWeakness>N</isMaterialWeakness>
      <isOpinionOffered>N</isOpinionOffered>
      <isMaterialChange>N</isMaterialChange>
      <isAccountingPrincipleChange>N</isAccountingPrincipleChange>
      <isPaymentErrorInNetAssetValue>N</isPaymentErrorInNetAssetValue>
      <isPaymentDividend>N</isPaymentDividend>
    </registrantInfo>
    <managementInvestmentQuestionSeriesInfo>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab 1-5 Year Corporate Bond ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000066660</mgmtInvSeriesId>
        <mgmtInvLei>549300YINLHIYYQC2C30</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab 1-5 Year Corporate Bond ETF" sharesOutstandingClassId="C000214877" sharesOutstandingTickerSymbol="SCHJ"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>0.00000000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.04000000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.00000000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.00000000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Goldman Sachs Bank USA</securitiesAgentName>
            <securitiesAgentLei>KD3XUN7C6T14HNAYLU02</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="SSGA Funds Management, Inc." collateralManagerLei="FT3UGI3NU6B7EELQF380" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>1207854.16000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>18640.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>388655466.31000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>5508921.70000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jefferies LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>556553.24000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1025090.78000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>468353.15000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>TD Securities (USA) LLC</principalName>
            <principalFileNo>8-36747</principalFileNo>
            <principalCrdNo>000018476</principalCrdNo>
            <principalLei>SUVUFHICNZMP2WKHG940</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>109593.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1354425.84000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Susquehanna Financial Group, LLLP</principalName>
            <principalFileNo>8-44325</principalFileNo>
            <principalCrdNo>000035865</principalCrdNo>
            <principalLei>549300E8QX0ZMRDC2M81</principalLei>
            <principalStateCountry principalState="US-PA" principalCountry="US"/>
            <principalTotalPurchaseSale>7248157.17000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jane Street Execution Services, LLC</principalName>
            <principalFileNo>8-69254</principalFileNo>
            <principalCrdNo>000167280</principalCrdNo>
            <principalLei>549300HXJLXCPDWAH070</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>3457564.77000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BofA Securities, Inc.</principalName>
            <principalFileNo>8-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>159344.60000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>412760340.41000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>557962255.21615384</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Derivative-interest rate</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab 5-10 Year Corporate Bond ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000066661</mgmtInvSeriesId>
        <mgmtInvLei>549300KV6ZY6TYN8HW78</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab 5-10 Year Corporate Bond ETF" sharesOutstandingClassId="C000214878" sharesOutstandingTickerSymbol="SCHI"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.13000000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.16000000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.01000000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.01000000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Goldman Sachs Bank USA</securitiesAgentName>
            <securitiesAgentLei>KD3XUN7C6T14HNAYLU02</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="SSGA Funds Management, Inc." collateralManagerLei="FT3UGI3NU6B7EELQF380" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>42152006.57000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>424797.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>21850115.63000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>49039100.79000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jefferies LLC</principalName>
            <principalFileNo>8-15074</principalFileNo>
            <principalCrdNo>000002347</principalCrdNo>
            <principalLei>58PU97L1C0WSRCWADL48</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>4818506.68000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc.</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>8983675.75000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>50152372.90000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>15977868.83000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Susquehanna Financial Group, LLLP</principalName>
            <principalFileNo>8-44325</principalFileNo>
            <principalCrdNo>000035865</principalCrdNo>
            <principalLei>549300E8QX0ZMRDC2M81</principalLei>
            <principalStateCountry principalState="US-PA" principalCountry="US"/>
            <principalTotalPurchaseSale>16389407.36000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Millennium Advisors, LLC</principalName>
            <principalFileNo>8-68349</principalFileNo>
            <principalCrdNo>000151236</principalCrdNo>
            <principalLei>254900E1P6Z2XZYSA163</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>2805272.20000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jane Street Execution Services, LLC</principalName>
            <principalFileNo>8-69254</principalFileNo>
            <principalCrdNo>000167280</principalCrdNo>
            <principalLei>549300HXJLXCPDWAH070</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>3615292046.99000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BofA Securities, Inc.</principalName>
            <principalFileNo>8-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>2971927.25000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>3805484794.95000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>8863148163.10769230</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Derivative-interest rate</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab Core Bond ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000089699</mgmtInvSeriesId>
        <mgmtInvLei>254900BQL27NJ8TXFS89</mgmtInvLei>
        <isFirstFilingByFund>Y</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab Core Bond ETF" sharesOutstandingClassId="C000256323" sharesOutstandingTickerSymbol="SCCR"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Goldman Sachs Bank USA</securitiesAgentName>
            <securitiesAgentLei>KD3XUN7C6T14HNAYLU02</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="SSGA Funds Management, Inc." collateralManagerLei="FT3UGI3NU6B7EELQF380" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>144.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 10f-3 (17 CFR 270.10f-3)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(f)(17 CFR 270.18f-4(f))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <investmentAdviserHired isInvestmentAdviserHired="Y">
              <investmentAdviserStartDate>2025-02-05</investmentAdviserStartDate>
            </investmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>Y</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Euroclear Bank</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>Y</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>Y</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>Y</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>85871744.66000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc.</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>183183441.42000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>365043818.59000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>124377827.04000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNP Paribas Securities Corp.</principalName>
            <principalFileNo>8-32682</principalFileNo>
            <principalCrdNo>000015794</principalCrdNo>
            <principalLei>RCNB6OTYUAMMP879YW96</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>58582853.14000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BMO Capital Markets Corp.</principalName>
            <principalFileNo>8-34344</principalFileNo>
            <principalCrdNo>000016686</principalCrdNo>
            <principalLei>RUC0QBLBRPRCU4W1NE59</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>81903152.08000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citadel Securities LLC</principalName>
            <principalFileNo>8-53574</principalFileNo>
            <principalCrdNo>000116797</principalCrdNo>
            <principalLei>12UUJYTN7D3SW8KCSG25</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>67905280.08000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Wells Fargo Securities, LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>195384110.18000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jane Street Execution Services, LLC</principalName>
            <principalFileNo>8-69254</principalFileNo>
            <principalCrdNo>000167280</principalCrdNo>
            <principalLei>549300HXJLXCPDWAH070</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>50415009.05000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BofA Securities, Inc.</principalName>
            <principalFileNo>8-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>52639409.09000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>1634302048.46000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>515804354.53272727</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>ABS-mortgage backed security</assetClassType>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>Y</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab Government Money Market ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000092777</mgmtInvSeriesId>
        <mgmtInvLei>254900HD86CLQTO0OR15</mgmtInvLei>
        <isFirstFilingByFund>Y</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab Government Money Market ETF" sharesOutstandingClassId="C000260816" sharesOutstandingTickerSymbol="SGVT"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
          <fundType>Money Market Fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <investmentAdviserHired isInvestmentAdviserHired="Y">
              <investmentAdviserStartDate>2025-06-12</investmentAdviserStartDate>
            </investmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>Y</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>Y</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>Y</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>Y</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Credit Agricole Securities (USA) Inc.</principalName>
            <principalFileNo>8-13753</principalFileNo>
            <principalCrdNo>000000190</principalCrdNo>
            <principalLei>549300WO2DKF0Q3YMV43</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>143920000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>843000000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1387429414.25000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNP Paribas Securities Corp.</principalName>
            <principalFileNo>8-32682</principalFileNo>
            <principalCrdNo>000015794</principalCrdNo>
            <principalLei>RCNB6OTYUAMMP879YW96</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>585000000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Academy Securities, Inc.</principalName>
            <principalFileNo>8-35173</principalFileNo>
            <principalCrdNo>000017433</principalCrdNo>
            <principalLei>2549000QX6RLQOZ2XC11</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>122584944.72000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1333488100.87000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>SMBC Nikko Securities America, Inc.</principalName>
            <principalFileNo>8-43852</principalFileNo>
            <principalCrdNo>000028602</principalCrdNo>
            <principalLei>6PJDTY319315T5LR2241</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>480701962.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Wells Fargo Securities, LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>2425459851.98000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BofA Securities, Inc.</principalName>
            <principalFileNo>8-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1540878167.05000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Fixed Income Clearing Corporation</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300H47WTHXPU08X20</principalLei>
            <principalStateCountry principalState="US-NJ" principalCountry="US"/>
            <principalTotalPurchaseSale>2768814000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>11737625750.73000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <dailyAvgNetAssets>201337821.84514851</dailyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab Intermediate-Term U.S. Treasury ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000029409</mgmtInvSeriesId>
        <mgmtInvLei>549300LPS1K6133V2Q55</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab Intermediate-Term U.S. Treasury ETF" sharesOutstandingClassId="C000090319" sharesOutstandingTickerSymbol="SCHR"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.11000000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.14000000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.00000000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.00000000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Goldman Sachs Bank USA</securitiesAgentName>
            <securitiesAgentLei>KD3XUN7C6T14HNAYLU02</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="SSGA Funds Management, Inc." collateralManagerLei="FT3UGI3NU6B7EELQF380" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>0.00000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>31400.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Euroclear Bank</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc.</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>68376920.84000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Scotia Capital (USA) Inc.</principalName>
            <principalFileNo>8-3716</principalFileNo>
            <principalCrdNo>000002739</principalCrdNo>
            <principalLei>549300BLWPABP1VNME36</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>32374862.44000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>32348580.55000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>460556250.03000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>43516125.88000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BMO Capital Markets Corp.</principalName>
            <principalFileNo>8-34344</principalFileNo>
            <principalCrdNo>000016686</principalCrdNo>
            <principalLei>RUC0QBLBRPRCU4W1NE59</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>131771611.10000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>HSBC Securities (USA) Inc.</principalName>
            <principalFileNo>8-41562</principalFileNo>
            <principalCrdNo>000019585</principalCrdNo>
            <principalLei>CYYGQCGNHMHPSMRL3R97</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>9455820.43000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MUFG Securities Americas Inc.</principalName>
            <principalFileNo>8-43026</principalFileNo>
            <principalCrdNo>000019685</principalCrdNo>
            <principalLei>K5HU16E3LMSVCCJJJ255</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>33858101.21000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC Capital Markets, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>20035544.97000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jane Street Execution Services, LLC</principalName>
            <principalFileNo>8-69254</principalFileNo>
            <principalCrdNo>000167280</principalCrdNo>
            <principalLei>549300HXJLXCPDWAH070</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>8777022394.04000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>9624531369.13000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>11253444141.00076923</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab Long-Term U.S. Treasury ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000066662</mgmtInvSeriesId>
        <mgmtInvLei>5493006AVMCWPOJLOR38</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab Long-Term U.S. Treasury ETF" sharesOutstandingClassId="C000214879" sharesOutstandingTickerSymbol="SCHQ"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.23000000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.26000000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.00000000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.00000000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Goldman Sachs Bank USA</securitiesAgentName>
            <securitiesAgentLei>KD3XUN7C6T14HNAYLU02</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="SSGA Funds Management, Inc." collateralManagerLei="FT3UGI3NU6B7EELQF380" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>4373426.47000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>2277025.52000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc.</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>36884474.52000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>31070761.05000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>22812048.05000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BMO Capital Markets Corp.</principalName>
            <principalFileNo>8-34344</principalFileNo>
            <principalCrdNo>000016686</principalCrdNo>
            <principalLei>RUC0QBLBRPRCU4W1NE59</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>19195276.20000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citadel Securities LLC</principalName>
            <principalFileNo>8-53574</principalFileNo>
            <principalCrdNo>000116797</principalCrdNo>
            <principalLei>12UUJYTN7D3SW8KCSG25</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>3195891.92000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Virtu Americas LLC</principalName>
            <principalFileNo>8-68193</principalFileNo>
            <principalCrdNo>000149823</principalCrdNo>
            <principalLei>549300RA02N3BNSWBV74</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>9650448.05000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jane Street Execution Services, LLC</principalName>
            <principalFileNo>8-69254</principalFileNo>
            <principalCrdNo>000167280</principalCrdNo>
            <principalLei>549300HXJLXCPDWAH070</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>241256309.56000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BofA Securities, Inc.</principalName>
            <principalFileNo>8-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>3075759.85000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>374814832.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>850553540.32000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab Municipal Bond ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000077692</mgmtInvSeriesId>
        <mgmtInvLei>549300Z3IVLF7IEKOL70</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab Municipal Bond ETF" sharesOutstandingClassId="C000238180" sharesOutstandingTickerSymbol="SCMB"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>0.00000000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.03000000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.00000000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.00000000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(f)(17 CFR 270.18f-4(f))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>188580078.80000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>58509407.70000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Samuel A. Ramirez &amp; Company, Inc.</principalName>
            <principalFileNo>8-19014</principalFileNo>
            <principalCrdNo>000006963</principalCrdNo>
            <principalLei>254900CBKVW7O2ENQA21</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>72648245.95000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>212983330.65000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNY Capital Markets, LLC</principalName>
            <principalFileNo>8-35255</principalFileNo>
            <principalCrdNo>000017454</principalCrdNo>
            <principalLei>VJW2DOOHGDT6PR0ZRO63</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>51898880.70000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>TD Securities (USA) LLC</principalName>
            <principalFileNo>8-36747</principalFileNo>
            <principalCrdNo>000018476</principalCrdNo>
            <principalLei>SUVUFHICNZMP2WKHG940</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>144278526.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>148166090.90000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC Capital Markets, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>68980082.80000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Wells Fargo Securities, LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>118430080.60000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BofA Securities, Inc.</principalName>
            <principalFileNo>8-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>176591384.20000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>1681599806.92000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>1746204470.78923076</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>Debt</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab Short-Term U.S. Treasury ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000029408</mgmtInvSeriesId>
        <mgmtInvLei>5493005SHO0WH9C7RN69</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab Short-Term U.S. Treasury ETF" sharesOutstandingClassId="C000090318" sharesOutstandingTickerSymbol="SCHO"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>0.00000000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.03000000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.00000000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.00000000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Goldman Sachs Bank USA</securitiesAgentName>
            <securitiesAgentLei>KD3XUN7C6T14HNAYLU02</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="SSGA Funds Management, Inc." collateralManagerLei="FT3UGI3NU6B7EELQF380" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Euroclear Bank</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>39453923.44000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc.</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>232791252.18000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Scotia Capital (USA) Inc.</principalName>
            <principalFileNo>8-3716</principalFileNo>
            <principalCrdNo>000002739</principalCrdNo>
            <principalLei>549300BLWPABP1VNME36</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>180823481.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>44119983.70000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>615249666.56000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>358270479.72000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BMO Capital Markets Corp.</principalName>
            <principalFileNo>8-34344</principalFileNo>
            <principalCrdNo>000016686</principalCrdNo>
            <principalLei>RUC0QBLBRPRCU4W1NE59</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>263704355.90000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>HSBC Securities (USA) Inc.</principalName>
            <principalFileNo>8-41562</principalFileNo>
            <principalCrdNo>000019585</principalCrdNo>
            <principalLei>CYYGQCGNHMHPSMRL3R97</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>56232644.99000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>MUFG Securities Americas Inc.</principalName>
            <principalFileNo>8-43026</principalFileNo>
            <principalCrdNo>000019685</principalCrdNo>
            <principalLei>K5HU16E3LMSVCCJJJ255</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>111694519.18000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jane Street Execution Services, LLC</principalName>
            <principalFileNo>8-69254</principalFileNo>
            <principalCrdNo>000167280</principalCrdNo>
            <principalLei>549300HXJLXCPDWAH070</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>14119093051.33000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>16060738176.00000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>11652564568.37923076</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab U.S. Aggregate Bond ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000033156</mgmtInvSeriesId>
        <mgmtInvLei>549300EMR2FMUC3JFN76</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab U.S. Aggregate Bond ETF" sharesOutstandingClassId="C000102078" sharesOutstandingTickerSymbol="SCHZ"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.08000000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.11000000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.00000000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.00000000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <fundLendSecurities didFundLendSecurities="Y">
          <isFundLiquidated>N</isFundLiquidated>
          <isFundAdverselyImpacted>N</isFundAdverselyImpacted>
        </fundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Goldman Sachs Bank USA</securitiesAgentName>
            <securitiesAgentLei>KD3XUN7C6T14HNAYLU02</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="SSGA Funds Management, Inc." collateralManagerLei="FT3UGI3NU6B7EELQF380" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>7119771.80000000</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>93236.00000000</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(f)(17 CFR 270.18f-4(f))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Euroclear Bank</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
            <principalCrdNo>000000079</principalCrdNo>
            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1534397471.45000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>250502818.61000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>507097887.03000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>170383650.73000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1263283850.70000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BMO Capital Markets Corp.</principalName>
            <principalFileNo>8-34344</principalFileNo>
            <principalCrdNo>000016686</principalCrdNo>
            <principalLei>RUC0QBLBRPRCU4W1NE59</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>78781719.60000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>48651201.20000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Wells Fargo Securities, LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>1350000480.42000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Jane Street Execution Services, LLC</principalName>
            <principalFileNo>8-69254</principalFileNo>
            <principalCrdNo>000167280</principalCrdNo>
            <principalLei>549300HXJLXCPDWAH070</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>713387030.94000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Flow Traders U.S. Institutional Trading LLC</principalName>
            <principalFileNo>8-69711</principalFileNo>
            <principalCrdNo>000282266</principalCrdNo>
            <principalLei>549300H90VV8DK5UM624</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>1985142646.09000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>8236702715.81000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>8823831492.46461538</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>ABS-mortgage backed security</assetClassType>
            <assetClassType>ABS-other</assetClassType>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab U.S. TIPS ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000029407</mgmtInvSeriesId>
        <mgmtInvLei>5493001H0ESLTZTZWE77</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab U.S. TIPS ETF" sharesOutstandingClassId="C000090317" sharesOutstandingTickerSymbol="SCHP"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
          <indexFundInfo fundType="Index Fund">
            <isIndexFundAffiliated>N</isIndexFundAffiliated>
            <isIndexFundExclusive>N</isIndexFundExclusive>
            <indexFundReturnDiffBeforeExpense>-0.13000000</indexFundReturnDiffBeforeExpense>
            <indexFundReturnDiffAfterExpense>-0.16000000</indexFundReturnDiffAfterExpense>
            <indexFundReturnDailyStdevBeforeExpense>0.00000000</indexFundReturnDailyStdevBeforeExpense>
            <indexFundReturnDailyStdevAfterExpense>0.00000000</indexFundReturnDailyStdevAfterExpense>
          </indexFundInfo>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <securityLendings>
          <securityLending>
            <securitiesAgentName>Goldman Sachs Bank USA</securitiesAgentName>
            <securitiesAgentLei>KD3XUN7C6T14HNAYLU02</securitiesAgentLei>
            <isSecuritiesAgentAffiliated>N</isSecuritiesAgentAffiliated>
            <securityAgentIdemnity isSecurityAgentIdemnity="Y">
              <idemnityProviders>
                <idemnityProvider idemnityProviderName="N/A"/>
              </idemnityProviders>
              <didIndemnificationRights>N</didIndemnificationRights>
            </securityAgentIdemnity>
          </securityLending>
        </securityLendings>
        <collateralManagers>
          <collateralManager collateralManagerName="SSGA Funds Management, Inc." collateralManagerLei="FT3UGI3NU6B7EELQF380" isCollateralManagerAffliliated="N" isCollateralManagerAffliliatedWithFund="N"/>
        </collateralManagers>
        <paymentToAgentManagers>
          <paymentToAgentManagerType>Cash collateral reinvestment fee</paymentToAgentManagerType>
          <paymentToAgentManagerType>Revenue sharing split</paymentToAgentManagerType>
        </paymentToAgentManagers>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Euroclear Bank</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>5854732266.18000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc.</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>18148409.03000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Nomura Securities International, Inc.</principalName>
            <principalFileNo>8-15255</principalFileNo>
            <principalCrdNo>000004297</principalCrdNo>
            <principalLei>OXTKY6Q8X53C9ILVV871</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>7756567.14000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>510213461.43000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>UBS Securities LLC</principalName>
            <principalFileNo>8-22651</principalFileNo>
            <principalCrdNo>000007654</principalCrdNo>
            <principalLei>T6FIZBDPKLYJKFCRVK44</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>880255.38000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Morgan Stanley &amp; Co. LLC</principalName>
            <principalFileNo>8-15869</principalFileNo>
            <principalCrdNo>000008209</principalCrdNo>
            <principalLei>9R7GPTSO7KV3UQJZQ078</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>29915739.39000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>28070715.03000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citadel Securities LLC</principalName>
            <principalFileNo>8-53574</principalFileNo>
            <principalCrdNo>000116797</principalCrdNo>
            <principalLei>12UUJYTN7D3SW8KCSG25</principalLei>
            <principalStateCountry principalState="US-FL" principalCountry="US"/>
            <principalTotalPurchaseSale>8113084.78000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BofA Securities, Inc.</principalName>
            <principalFileNo>8-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>6054791.40000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>6463885289.76000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>13330785745.83769230</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ultra-Short Income ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
      <managementInvestmentQuestion>
        <mgmtInvFundName>Schwab Ultra-Short Income ETF</mgmtInvFundName>
        <mgmtInvSeriesId>S000085986</mgmtInvSeriesId>
        <mgmtInvLei>254900EWMD4919BM8663</mgmtInvLei>
        <isFirstFilingByFund>N</isFirstFilingByFund>
        <numAuthorizedClass>0</numAuthorizedClass>
        <numAddedClass>0</numAddedClass>
        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
          <sharesOutstanding sharesOutstandingClassName="Schwab Ultra-Short Income ETF" sharesOutstandingClassId="C000251386" sharesOutstandingTickerSymbol="SCUS"/>
        </sharesOutstandings>
        <fundTypes>
          <fundType>Exchange-Traded Fund</fundType>
        </fundTypes>
        <isNonDiversifiedCompany>N</isNonDiversifiedCompany>
        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>Y</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 6c-11 (17 CFR 270.6c-11)</relyOnRuleType>
        </relyOnRuleTypes>
        <isExpenseLimitationInPlace>N</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>N</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>N</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
          <investmentAdviser>
            <investmentAdviserName>Charles Schwab Investment Management, Inc.</investmentAdviserName>
            <investmentAdviserFileNo>801-35905</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000106753</investmentAdviserCrdNo>
            <investmentAdviserLei>EVQ6EP3QESDF386W4D54</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CO" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
          </investmentAdviser>
        </investmentAdvisers>
        <transferAgents>
          <transferAgent>
            <transferAgentName>State Street Bank and Trust Company</transferAgentName>
            <transferAgentFileNo>85-05003</transferAgentFileNo>
            <transferAgentLei>571474TGEMMWANRLN572</transferAgentLei>
            <transferAgentStateCountry transferAgentState="US-MA" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Bloomberg L.P.</pricingServiceName>
            <pricingServiceLei>549300B56MD0ZC402L06</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>ICE Data Services, Inc.</pricingServiceName>
            <pricingServiceOther>13-3668779</pricingServiceOther>
            <pricingServiceIdNumberDesc>Tax ID</pricingServiceIdNumberDesc>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>London Stock Exchange Group PLC</pricingServiceName>
            <pricingServiceLei>213800QAUUUP6I445N30</pricingServiceLei>
            <pricingServiceCountry>GB</pricingServiceCountry>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>PricingDirect Inc.</pricingServiceName>
            <pricingServiceLei>549300WIC0TOJ7N7GD54</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
          <pricingService>
            <pricingServiceName>S&amp;P Global Inc.</pricingServiceName>
            <pricingServiceLei>Y6X4K52KMJMZE7I7MY94</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
          </pricingService>
        </pricingServices>
        <isPricingServiceHiredOrTerminated>Y</isPricingServiceHiredOrTerminated>
        <custodians>
          <custodian>
            <custodianName>Euroclear Bank</custodianName>
            <custodianLei>549300OZ46BRLZ8Y6F65</custodianLei>
            <custodianCountry>BE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>State Street Bank and Trust Company</custodianName>
            <custodianLei>571474TGEMMWANRLN572</custodianLei>
            <custodianStateCountry custodianState="US-MA" custodianCountry="US"/>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>State Street Bank and Trust Company</shareholderServiceAgentName>
            <shareholderServiceAgentLei>571474TGEMMWANRLN572</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>Charles Schwab Investment Management, Inc.</adminName>
            <adminLei>EVQ6EP3QESDF386W4D54</adminLei>
            <adminStateCountry adminState="US-CO" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Charles Schwab &amp; Co., Inc.</brokerDealerName>
            <brokerDealerFileNo>8-16514</brokerDealerFileNo>
            <brokerDealerCrdNo>000005393</brokerDealerCrdNo>
            <brokerDealerLei>549300ZP8XN77GK5BS04</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-TX" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Susquehanna Financial Group, LLLP</brokerDealerName>
            <brokerDealerFileNo>8-44325</brokerDealerFileNo>
            <brokerDealerCrdNo>000035865</brokerDealerCrdNo>
            <brokerDealerLei>549300E8QX0ZMRDC2M81</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-PA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Jane Street Execution Services, LLC</brokerDealerName>
            <brokerDealerFileNo>8-69254</brokerDealerFileNo>
            <brokerDealerCrdNo>000167280</brokerDealerCrdNo>
            <brokerDealerLei>549300HXJLXCPDWAH070</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, Hong Kong, Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>HK</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab, U.K., Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300PF2KTM8A12FH91</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Charles Schwab Singapore Pte. Ltd.</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerCountry>SG</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>Goldman Sachs &amp; Co. LLC</principalName>
            <principalFileNo>8-129</principalFileNo>
            <principalCrdNo>000000361</principalCrdNo>
            <principalLei>FOR8UP27PHTHYVLBNG30</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>87792955.70000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>TP ICAP Global Markets Americas LLC</principalName>
            <principalFileNo>8-12726</principalFileNo>
            <principalCrdNo>000002762</principalCrdNo>
            <principalLei>78E0W5ARMBFSS8K1Y274</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>156978300.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>257121363.90000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNP Paribas Securities Corp.</principalName>
            <principalFileNo>8-32682</principalFileNo>
            <principalCrdNo>000015794</principalCrdNo>
            <principalLei>RCNB6OTYUAMMP879YW96</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>82774975.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>311698211.75000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>RBC Capital Markets, LLC</principalName>
            <principalFileNo>8-45411</principalFileNo>
            <principalCrdNo>000031194</principalCrdNo>
            <principalLei>549300LCO2FLSSVFFR64</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>67242254.91000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Wells Fargo Securities, LLC</principalName>
            <principalFileNo>8-65876</principalFileNo>
            <principalCrdNo>000126292</principalCrdNo>
            <principalLei>VYVVCKR63DVZZN70PB21</principalLei>
            <principalStateCountry principalState="US-NC" principalCountry="US"/>
            <principalTotalPurchaseSale>76254264.75000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BofA Securities, Inc.</principalName>
            <principalFileNo>8-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>134933475.43000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Erste Group Bank AG</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>PQOH26KWDF7CG10L6792</principalLei>
            <principalCountry>AT</principalCountry>
            <principalTotalPurchaseSale>163569020.00000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Fixed Income Clearing Corporation</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>549300H47WTHXPU08X20</principalLei>
            <principalStateCountry principalState="US-NJ" principalCountry="US"/>
            <principalTotalPurchaseSale>324674000.00000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>1864263772.40000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>106780703.78769230</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Uncommitted</isCreditLineCommitted>
              <lineOfCreditSize>400000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>1200000000.00000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="Bank of America"/>
                <lineOfCreditInstitution creditInstitutionName="Barclays Bank plc"/>
                <lineOfCreditInstitution creditInstitutionName="Citibank, N.A."/>
                <lineOfCreditInstitution creditInstitutionName="Goldman Sachs Bank USA"/>
                <lineOfCreditInstitution creditInstitutionName="State Street Bank and Trust Company"/>
                <lineOfCreditInstitution creditInstitutionName="The Bank of New York Mellon"/>
              </lineOfCreditInstitutions>
              <sharedCreditType creditType="Shared">
                <creditUser fundName="Schwab 1-5 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab 1000 Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab 5-10 Year Corporate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab AMT Tax-Free Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Ariel Opportunities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Balanced Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab California Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab California Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Core Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Crypto Thematic ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Dividend Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental Emerging Markets Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental Global Real Estate Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental International Small Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental International Small Equity Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Large Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Fundamental U.S. Small Company Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Global Real Estate Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Government Money Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Government Money Market Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Health Care Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab High Yield Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Intermediate-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Core Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab International Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Opportunities Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab International Small-Cap Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Large-Cap Growth Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Long-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab MarketTrack All Equity Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Balanced Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Conservative Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab MarketTrack Growth Portfolio" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Flexible Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Income Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Monthly Income Fund - Target Payout" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Mortgage-Backed Securities ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab New York Municipal Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Opportunistic Municipal Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Prime Advantage Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab Retirement Government Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab S&amp;P 500 Index Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab Select Large Cap Growth Fund" secFileNo="811-05547"/>
                <creditUser fundName="Schwab Short-Term Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Short-Term U.S. Treasury ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab Small-Cap Equity Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Small-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2010 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2015 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2020 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2025 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2030 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2035 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2040 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2045 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2050 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2055 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2060 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Target 2065 Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Tax-Free Bond Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Total Stock Market Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab Treasury Inflation Protected Securities Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab Treasury Obligations Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Aggregate Bond Index Fund" secFileNo="811-06200"/>
                <creditUser fundName="Schwab U.S. Broad Market ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Dividend Equity ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Growth Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Large-Cap Value Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. Mid-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Mid-Cap Index Fund" secFileNo="811-07704"/>
                <creditUser fundName="Schwab U.S. REIT ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Small-Cap ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. TIPS ETF" secFileNo="811-22311"/>
                <creditUser fundName="Schwab U.S. Treasury Money Fund" secFileNo="811-05954"/>
                <creditUser fundName="Schwab VIT Balanced Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Balanced with Growth Portfolio" secFileNo="811-08314"/>
                <creditUser fundName="Schwab VIT Growth Portfolio" secFileNo="811-08314"/>
              </sharedCreditType>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <liquidityClassifications>
          <liquidityClassificationService>
            <liquidityName>Charles Schwab Investment Management, Inc.</liquidityName>
            <liquidityLei>EVQ6EP3QESDF386W4D54</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-CO"/>
            <isAffiliatedPerson>Y</isAffiliatedPerson>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Repurchase agreement</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
          </liquidityClassificationService>
        </liquidityClassifications>
        <isLiquidityHiredTerminated>N</isLiquidityHiredTerminated>
      </managementInvestmentQuestion>
    </managementInvestmentQuestionSeriesInfo>
    <exchangeSeriesInfo>
      <exchangeTradedFund>
        <fundName>Schwab 1-5 Year Corporate Bond ETF</fundName>
        <etfSeriesId>S000066660</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCHJ"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="101430975.00000000" authorizedParticipantRedeemValue="12289448.70000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="47004328.20000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="69485148.00000000" authorizedParticipantRedeemValue="17219139.30000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>Y</isCollateralRequired>
        <creationUnitNumOfShares>100000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>2.23277777</averagePercentagePurchased>
        <standardDeviationPurchased>4.01554487</standardDeviationPurchased>
        <creationUnitPurchasedInKind>97.76722222</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>4.01554487</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>0.45166666</averagePercentageRedeemed>
        <percentSDRedeemed>1.30982717</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>99.54833333</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>1.30982717</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>100.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.00000000</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>100.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.00000000</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>100.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.00000000</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>100.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.00000000</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab 5-10 Year Corporate Bond ETF</fundName>
        <etfSeriesId>S000066661</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCHI"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="1079288028.40000000" authorizedParticipantRedeemValue="96349497.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="38334562.40000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="2308947.80000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="308913109.00000000" authorizedParticipantRedeemValue="13620985.50000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="2245561710.50000000" authorizedParticipantRedeemValue="2184717017.90000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="116948356.70000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="287853860.30000000" authorizedParticipantRedeemValue="61398786.10000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="4615209.40000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>Y</isCollateralRequired>
        <creationUnitNumOfShares>100000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>1.91556818</averagePercentagePurchased>
        <standardDeviationPurchased>6.70811700</standardDeviationPurchased>
        <creationUnitPurchasedInKind>98.08443181</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>6.70811700</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>1.39350000</averagePercentageRedeemed>
        <percentSDRedeemed>5.73925512</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>98.60650000</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>5.73925512</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>100.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.00000000</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>100.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.00000000</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>100.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.00000000</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>100.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.00000000</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab Core Bond ETF</fundName>
        <etfSeriesId>S000089699</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCCR"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="707514587.50000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="66778000.50000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="608622674.20000000" authorizedParticipantRedeemValue="366296425.80000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="68881936.30000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>Y</isCollateralRequired>
        <creationUnitNumOfShares>100000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>57.11647058</averagePercentagePurchased>
        <standardDeviationPurchased>12.89119897</standardDeviationPurchased>
        <creationUnitPurchasedInKind>42.88352941</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>12.89119897</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>-0.32500000</averagePercentageRedeemed>
        <percentSDRedeemed>0.28500000</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>100.32500000</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>0.28500000</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>100.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.08782216</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>100.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.15058885</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>100.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.00000000</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>0.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.00000000</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab Government Money Market ETF</fundName>
        <etfSeriesId>S000092777</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SGVT"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="172833403.30000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="179682364.50000000" authorizedParticipantRedeemValue="13079552.85000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="114549446.67000000" authorizedParticipantRedeemValue="24112026.50000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="27156712.84000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>N</isCollateralRequired>
        <creationUnitNumOfShares>10000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>100.00000000</averagePercentagePurchased>
        <standardDeviationPurchased>0.00000000</standardDeviationPurchased>
        <creationUnitPurchasedInKind>0.00000000</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>0.00000000</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>100.00000000</averagePercentageRedeemed>
        <percentSDRedeemed>0.00000000</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>0.00000000</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>0.00000000</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>0.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.00000000</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>0.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.00000000</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>0.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.00000000</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>0.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.00000000</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab Intermediate-Term U.S. Treasury ETF</fundName>
        <etfSeriesId>S000029409</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCHR"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="1153182404.30000000" authorizedParticipantRedeemValue="154828649.80000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="114379799.40000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="913329289.60000000" authorizedParticipantRedeemValue="294013999.10000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="3156611637.20000000" authorizedParticipantRedeemValue="3183900973.40000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="14897052.90000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="66893288.80000000" authorizedParticipantRedeemValue="9855824.40000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="7328337.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>Y</isCollateralRequired>
        <creationUnitNumOfShares>100000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>11.88102389</averagePercentagePurchased>
        <standardDeviationPurchased>29.21968302</standardDeviationPurchased>
        <creationUnitPurchasedInKind>88.11897610</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>29.21968302</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>1.46793103</averagePercentageRedeemed>
        <percentSDRedeemed>3.75361561</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>98.53206896</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>3.75361561</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>0.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.00000000</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>0.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.00000000</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>0.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.00000000</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>0.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.00000000</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab Long-Term U.S. Treasury ETF</fundName>
        <etfSeriesId>S000066662</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCHQ"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="134148836.40000000" authorizedParticipantRedeemValue="192899212.35000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="30700264.60000000" authorizedParticipantRedeemValue="15580183.80000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="249554510.45000000" authorizedParticipantRedeemValue="122031961.50000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="200842044.40000000" authorizedParticipantRedeemValue="96605732.30000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="7938608.25000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="3161895.90000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="132548576.75000000" authorizedParticipantRedeemValue="35024979.80000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>Y</isCollateralRequired>
        <creationUnitNumOfShares>50000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>11.56000000</averagePercentagePurchased>
        <standardDeviationPurchased>28.22864508</standardDeviationPurchased>
        <creationUnitPurchasedInKind>88.44000000</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>28.22864508</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>2.48880952</averagePercentageRedeemed>
        <percentSDRedeemed>0.47534550</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>97.51119047</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>0.47534550</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>0.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.00000000</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>0.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.00000000</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>0.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.00000000</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>0.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.00000000</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab Municipal Bond ETF</fundName>
        <etfSeriesId>S000077692</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCMB"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="255789771.50000000" authorizedParticipantRedeemValue="39994752.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="1084482609.90000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="282908941.50000000" authorizedParticipantRedeemValue="2494332.70000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="297685192.50000000" authorizedParticipantRedeemValue="2493406.50000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="159756544.70000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="15162652.60000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="118337907.50000000" authorizedParticipantRedeemValue="2493476.50000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="52521186.20000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>Y</isCollateralRequired>
        <creationUnitNumOfShares>100000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>26.29532000</averagePercentagePurchased>
        <standardDeviationPurchased>42.66964790</standardDeviationPurchased>
        <creationUnitPurchasedInKind>73.70468000</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>42.66964790</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>25.05750000</averagePercentageRedeemed>
        <percentSDRedeemed>43.27127706</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>74.94250000</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>43.27127706</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>100.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.04501181</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>100.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.16587286</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>100.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.12565183</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>100.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.33443719</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab Short-Term U.S. Treasury ETF</fundName>
        <etfSeriesId>S000029408</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCHO"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="686124893.40000000" authorizedParticipantRedeemValue="1684370831.30000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="29129642.40000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="1773427371.50000000" authorizedParticipantRedeemValue="281807178.60000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="5134669285.10000000" authorizedParticipantRedeemValue="5055334355.10000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="12142791.60000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="41263024.50000000" authorizedParticipantRedeemValue="33993704.40000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="4829585.40000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>Y</isCollateralRequired>
        <creationUnitNumOfShares>100000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>17.05300395</averagePercentagePurchased>
        <standardDeviationPurchased>34.89070793</standardDeviationPurchased>
        <creationUnitPurchasedInKind>82.94699604</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>34.89070793</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>7.75800000</averagePercentageRedeemed>
        <percentSDRedeemed>24.02743487</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>92.24200000</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>24.02743487</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>0.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.00000000</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>0.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.00000000</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>0.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.00000000</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>0.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.00000000</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab U.S. Aggregate Bond ETF</fundName>
        <etfSeriesId>S000033156</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCHZ"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="409789628.60000000" authorizedParticipantRedeemValue="138659324.60000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="282767906.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="671370190.40000000" authorizedParticipantRedeemValue="441598415.80000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="70022082.20000000" authorizedParticipantRedeemValue="13686354.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>Y</isCollateralRequired>
        <creationUnitNumOfShares>200000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>34.17784946</averagePercentagePurchased>
        <standardDeviationPurchased>14.73609421</standardDeviationPurchased>
        <creationUnitPurchasedInKind>65.82215053</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>14.73609421</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>31.46434782</averagePercentageRedeemed>
        <percentSDRedeemed>10.02401847</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>68.53565217</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>10.02401847</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>500.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.00000000</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>500.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.00000000</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>500.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.00000000</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>500.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.00000000</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab U.S. TIPS ETF</fundName>
        <etfSeriesId>S000029407</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCHP"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="2253662417.90000000" authorizedParticipantRedeemValue="167809727.90000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="1770703872.80000000" authorizedParticipantRedeemValue="1535527146.60000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="924826041.30000000" authorizedParticipantRedeemValue="429397609.60000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="45116687.60000000" authorizedParticipantRedeemValue="10413678.80000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="13153920.50000000" authorizedParticipantRedeemValue="5140524.80000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>Y</isCollateralRequired>
        <creationUnitNumOfShares>100000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>1.45280000</averagePercentagePurchased>
        <standardDeviationPurchased>5.96390017</standardDeviationPurchased>
        <creationUnitPurchasedInKind>98.54720000</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>5.96390017</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>1.11397435</averagePercentageRedeemed>
        <percentSDRedeemed>0.49830569</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>98.88602564</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>0.49830569</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>0.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.00000000</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>0.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.00000000</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>0.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.00000000</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>0.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.00000000</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
      <exchangeTradedFund>
        <fundName>Schwab Ultra-Short Income ETF</fundName>
        <etfSeriesId>S000085986</etfSeriesId>
        <securityExchanges>
          <securityExchange fundExchange="ARCX" fundsTickerSymbol="SCUS"/>
        </securityExchanges>
        <authorizedParticipants>
          <authorizedParticipant authorizedParticipantName="Goldman Sachs &amp; Co. LLC" authorizedParticipantFileNo="8-129" authorizedParticipantCrdNo="000000361" authorizedParticipantLei="FOR8UP27PHTHYVLBNG30" authorizedParticipantPurchaseValue="5035016.50000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jefferies LLC" authorizedParticipantFileNo="8-15074" authorizedParticipantCrdNo="000002347" authorizedParticipantLei="58PU97L1C0WSRCWADL48" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Morgan Stanley &amp; Co. LLC" authorizedParticipantFileNo="8-15869" authorizedParticipantCrdNo="000008209" authorizedParticipantLei="9R7GPTSO7KV3UQJZQ078" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="CIBC World Markets Corp." authorizedParticipantFileNo="8-18333" authorizedParticipantCrdNo="000000630" authorizedParticipantLei="549300445CON3DBMU275" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cantor Fitzgerald &amp; Co." authorizedParticipantFileNo="8-201" authorizedParticipantCrdNo="000000134" authorizedParticipantLei="5493004J7H4GCPG6OB62" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="UBS Securities LLC" authorizedParticipantFileNo="8-22651" authorizedParticipantCrdNo="000007654" authorizedParticipantLei="T6FIZBDPKLYJKFCRVK44" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="National Financial Services LLC" authorizedParticipantFileNo="8-26740" authorizedParticipantCrdNo="000013041" authorizedParticipantLei="549300JRHF1MHHWUAW04" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Securities Corp." authorizedParticipantFileNo="8-32682" authorizedParticipantCrdNo="000015794" authorizedParticipantLei="RCNB6OTYUAMMP879YW96" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Merrill Lynch Professional Clearing Corp." authorizedParticipantFileNo="8-33359" authorizedParticipantCrdNo="000016139" authorizedParticipantLei="549300PMHS66E71I2D34" authorizedParticipantPurchaseValue="55368993.20000000" authorizedParticipantRedeemValue="5035705.60000000"/>
          <authorizedParticipant authorizedParticipantName="ABN AMRO Clearing USA LLC" authorizedParticipantFileNo="8-34354" authorizedParticipantCrdNo="000014020" authorizedParticipantLei="549300U16G4LU3V6C598" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="J.P. Morgan Securities LLC" authorizedParticipantFileNo="8-35008" authorizedParticipantCrdNo="000000079" authorizedParticipantLei="ZBUT11V806EZRVTWT807" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNY Capital Markets, LLC" authorizedParticipantFileNo="8-35255" authorizedParticipantCrdNo="000017454" authorizedParticipantLei="VJW2DOOHGDT6PR0ZRO63" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="TD Securities (USA) LLC" authorizedParticipantFileNo="8-36747" authorizedParticipantCrdNo="000018476" authorizedParticipantLei="SUVUFHICNZMP2WKHG940" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mizuho Securities USA LLC" authorizedParticipantFileNo="8-37710" authorizedParticipantCrdNo="000019647" authorizedParticipantLei="7TK5RJIZDFROZCA6XF66" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BNP Paribas Prime Brokerage, Inc." authorizedParticipantFileNo="8-40490" authorizedParticipantCrdNo="000024962" authorizedParticipantLei="7VHWWWW4UJS7NUM3PT30" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Barclays Capital Inc." authorizedParticipantFileNo="8-41342" authorizedParticipantCrdNo="000019714" authorizedParticipantLei="AC28XWWI3WIBK2824319" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Mirae Asset Securities (USA) Inc." authorizedParticipantFileNo="8-45034" authorizedParticipantCrdNo="000030679" authorizedParticipantLei="25490087B4GFZLJZE912" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="RBC Capital Markets, LLC" authorizedParticipantFileNo="8-45411" authorizedParticipantCrdNo="000031194" authorizedParticipantLei="549300LCO2FLSSVFFR64" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Cowen Execution Services LLC" authorizedParticipantFileNo="8-46838" authorizedParticipantCrdNo="000035693" authorizedParticipantLei="5493005RJDJD18OPUP27" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Macquarie Capital (USA) Inc." authorizedParticipantFileNo="8-47198" authorizedParticipantCrdNo="000036368" authorizedParticipantLei="549300670K07JRB5UQ40" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Interactive Brokers LLC" authorizedParticipantFileNo="8-47257" authorizedParticipantCrdNo="000036418" authorizedParticipantLei="50OBSE5T5521O6SMZR28" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Jane Street Capital, LLC" authorizedParticipantFileNo="8-52275" authorizedParticipantCrdNo="000103782" authorizedParticipantLei="549300ZM16HMPEPNV857" authorizedParticipantPurchaseValue="62906753.80000000" authorizedParticipantRedeemValue="7542647.50000000"/>
          <authorizedParticipant authorizedParticipantName="Citadel Securities LLC" authorizedParticipantFileNo="8-53574" authorizedParticipantCrdNo="000116797" authorizedParticipantLei="12UUJYTN7D3SW8KCSG25" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Wells Fargo Securities, LLC" authorizedParticipantFileNo="8-65876" authorizedParticipantCrdNo="000126292" authorizedParticipantLei="VYVVCKR63DVZZN70PB21" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="SG Americas Securities, LLC" authorizedParticipantFileNo="8-66125" authorizedParticipantCrdNo="000128351" authorizedParticipantLei="549300F35UE0BOM1WJ55" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Virtu Americas LLC" authorizedParticipantFileNo="8-68193" authorizedParticipantCrdNo="000149823" authorizedParticipantLei="549300RA02N3BNSWBV74" authorizedParticipantPurchaseValue="5039830.40000000" authorizedParticipantRedeemValue="2512219.80000000"/>
          <authorizedParticipant authorizedParticipantName="HRT Financial LP" authorizedParticipantFileNo="8-68430" authorizedParticipantCrdNo="000152144" authorizedParticipantLei="21380037YFKONTT23854" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="BofA Securities, Inc." authorizedParticipantFileNo="8-69787" authorizedParticipantCrdNo="000283942" authorizedParticipantLei="549300HN4UKV1E2R3U73" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="State Street Global Markets, LLC" authorizedParticipantFileNo="8-69862" authorizedParticipantCrdNo="000285852" authorizedParticipantLei="549300FDEDF5ORXCMQ56" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Clear Street LLC" authorizedParticipantFileNo="8-69972" authorizedParticipantCrdNo="000288933" authorizedParticipantLei="549300KNQS43Y7TO3X67" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
          <authorizedParticipant authorizedParticipantName="Citigroup Global Markets Inc." authorizedParticipantFileNo="8-8177" authorizedParticipantCrdNo="000007059" authorizedParticipantLei="MBNUM2BPBDO7JBLYG310" authorizedParticipantPurchaseValue="0.00000000" authorizedParticipantRedeemValue="0.00000000"/>
        </authorizedParticipants>
        <isCollateralRequired>N</isCollateralRequired>
        <creationUnitNumOfShares>100000.00000000</creationUnitNumOfShares>
        <averagePercentagePurchased>100.00000000</averagePercentagePurchased>
        <standardDeviationPurchased>0.00000000</standardDeviationPurchased>
        <creationUnitPurchasedInKind>0.00000000</creationUnitPurchasedInKind>
        <creationUnitPurchasedSDInKind>0.00000000</creationUnitPurchasedSDInKind>
        <averagePercentageRedeemed>100.00000000</averagePercentageRedeemed>
        <percentSDRedeemed>0.00000000</percentSDRedeemed>
        <creationUnitPercentageRedeemedInKind>0.00000000</creationUnitPercentageRedeemedInKind>
        <creationUnitSDRedeemedInKind>0.00000000</creationUnitSDRedeemedInKind>
        <creationUnitTransactionFeePerUnit>0.00000000</creationUnitTransactionFeePerUnit>
        <creationUnitTransactionFeeManyUnits>0.00000000</creationUnitTransactionFeeManyUnits>
        <creationUnitTransactionFeePercentagePerUnit>0.04000001</creationUnitTransactionFeePercentagePerUnit>
        <creationUnitTransactionFeeCashPerUnit>0.00000000</creationUnitTransactionFeeCashPerUnit>
        <creationUnitTransactionFeeCashManyUnits>0.00000000</creationUnitTransactionFeeCashManyUnits>
        <creationUnitTransactionFeeCashPercentagePerUnit>0.04000001</creationUnitTransactionFeeCashPercentagePerUnit>
        <purchaseCreationUnitDollarPerUnit>0.00000000</purchaseCreationUnitDollarPerUnit>
        <purchaseCreationUnitDollarPerMoreUnits>0.00000000</purchaseCreationUnitDollarPerMoreUnits>
        <purchaseCreationUnitDollarPercentagePerUnit>0.04000001</purchaseCreationUnitDollarPercentagePerUnit>
        <purchaseCreationUnitCashPerUnit>0.00000000</purchaseCreationUnitCashPerUnit>
        <purchaseCreationUnitCashPerMoreUnits>0.00000000</purchaseCreationUnitCashPerMoreUnits>
        <purchaseCreationUnitCashPercentagePerUnit>0.04000001</purchaseCreationUnitCashPercentagePerUnit>
        <isInKindETF>N</isInKindETF>
      </exchangeTradedFund>
    </exchangeSeriesInfo>
    <attachmentsTab>
      <isIPAReportInternalControl>true</isIPAReportInternalControl>
    </attachmentsTab>
    <signature registrantSignedName="SCHWAB STRATEGIC TRUST" signedDate="2026-03-10" signature="Derek DeBenedictis" title="Assistant Treasurer"/>
  </formData>
</edgarSubmission>
