Boyd Wealth Management, LLC

Boyd Wealth Management's $264.2 million book is 96% ETFs, and this quarter's changes read as two deliberate duration/style rotations rather than stock selection. On the bond side, the firm exited iShares Core 1-5 Year USD Bond (ISTB, $13.5 million) and iShares Aggregate International Bond (IAGG, $8.3 million) entirely, replacing them with a new $15.5 million position in Vanguard Long-Term Corporate Bond (VCLT) — a shift from short-duration and international credit into long-duration domestic corporates. On the equity side, Vanguard Value (VTV) was cut 55% in shares (a genuine $14.1 million reduction), while iShares Core S&P Small-Cap (IJR) grew 149% ($9.0 million addition) and Schwab Emerging Markets Equity (SCHE) more than doubled (+101%, $8.5 million addition) — a rotation from large-cap value into small-cap domestic and emerging-market equity.