SCHWAB US AGGREGATE BOND ETF

Broad-based buying dominates

The clearest pattern this quarter is widespread accumulation rather than any single dominant thesis. Kohmann Bosshard Financial Services added the most in dollar terms — shares up 16.1%, a genuine $12.4 million real addition. Charles Schwab Trust Co, the largest holder at 19.4% of tracked value, grew its already-substantial position by 2.9% ($4.3 million), and Pioneer Wealth Management Group added 12.5% ($5.8 million). Smaller but genuine increases came from Cypress Wealth Services (+11.9%, $1.6 million), Security Financial Services (+16.7%, $1.5 million), and Signature Estate & Investment Advisors (+13.7%, $1.3 million) — a pattern spanning at least a dozen independent RIAs, consistent with a broad shift toward adding bond-duration exposure across many separately managed client books.