UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
12-31-2021
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
Sage Financial Management Group, Inc.
Address:
1320 OLD CHAIN BRIDGE ROAD, SUITE 250
MCLEAN, VA 22101
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
ASHLEIGH SWAYZE
Title:
Counsel
Phone:
6463953900


Signature, Place, and Date of Signing:

ASHLEIGH SWAYZE
                         [Signature]
NEWTOWN, PENNSYLVANIA
                 [City, State]
02-07-2022
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
47
Form 13F Information table Value Total:
150021
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ISHARES TRCORE S&P SCP ETF4642878041,73915,187SHSOLE 0 0 15,187
VANGUARD WHITEHALL FDSHIGH DIV YLD9219464065,79651,697SHSOLE 0 0 51,697
SCHWAB STRATEGIC TRUS LCAP GR ETF80852430013,32381,363SHSOLE 0 0 81,363
SCHWAB STRATEGIC TRUS DIVIDEND EQ8085247972,34529,006SHSOLE 0 0 29,006
VANGUARD INTL EQUITY INDEX FALLWRLD EX US92204277511,471187,185SHSOLE 0 0 187,185
VANGUARD INDEX FDSS&P 500 ETF SHS9229083638,14018,646SHSOLE 0 0 18,646
VANGUARD BD INDEX FDSSHORT TRM BOND92193782711,087137,170SHSOLE 0 0 137,170
ISHARES TRRUS MID CAP ETF4642874994775,745SHSOLE 0 0 5,745
SHERWIN WILLIAMS COCOM8243481061,6284,623SHSOLE 0 0 4,623
JOHNSON & JOHNSONCOM4781601043211,878SHSOLE 0 0 1,878
VANGUARD MUN BD FDSTAX EXEMPT BD9229077462504,547SHSOLE 0 0 4,547
ISHARES TRMSCI KLD400 SOC4642885703854,147SHSOLE 0 0 4,147
ISHARES TRCORE S&P US GWT4642876716335,478SHSOLE 0 0 5,478
MICROSOFT CORPCOM5949181043451,026SHSOLE 0 0 1,026
SELECT SECTOR SPDR TRSBI CONS STPLS81369Y3083264,231SHSOLE 0 0 4,231
SCHWAB STRATEGIC TRSCHWAB FDT US BM80852478965811,340SHSOLE 0 0 11,340
APPLE INCCOM0378331007394,163SHSOLE 0 0 4,163
CISCO SYS INCCOM17275R1023014,752SHSOLE 0 0 4,752
SCHWAB STRATEGIC TRUS SML CAP ETF8085246073,53134,480SHSOLE 0 0 34,480
THERMO FISHER SCIENTIFIC INCCOM883556102311466SHSOLE 0 0 466
SCHWAB STRATEGIC TRUS LRG CAP ETF80852420121,701190,658SHSOLE 0 0 190,658
VANGUARD BD INDEX FDSINTERMED TERM92193781914,295163,152SHSOLE 0 0 163,152
SCHWAB STRATEGIC TRUS MID-CAP ETF8085245085,71971,099SHSOLE 0 0 71,099
SPDR S&P 500 ETF TRTR UNIT78462F103316666SHSOLE 0 0 666
AMAZON COM INCCOM02313510620762SHSOLE 0 0 62
SCHWAB STRATEGIC TRINTL EQTY ETF8085248051,97350,769SHSOLE 0 0 50,769
VANGUARD INDEX FDSLARGE CAP ETF9229086373,61116,338SHSOLE 0 0 16,338
SCHWAB STRATEGIC TRUS AGGREGATE B8085248393576,632SHSOLE 0 0 6,632
ISHARES TRMSCI EAFE ETF4642874657,09990,221SHSOLE 0 0 90,221
SPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP78467Y1071,9303,729SHSOLE 0 0 3,729
VANGUARD BD INDEX FDSSHORT TRM BOND9219378273,20139,597SHSOLE 0 0 39,597
SCHWAB STRATEGIC TRUS LCAP GR ETF8085243002,52315,405SHSOLE 0 0 15,405
VANGUARD WHITEHALL FDSHIGH DIV YLD9219464061,73915,515SHSOLE 0 0 15,515
VANGUARD INDEX FDSLARGE CAP ETF9229086372,0749,382SHSOLE 0 0 9,382
VANGUARD INDEX FDSS&P 500 ETF SHS9229083631,1692,678SHSOLE 0 0 2,678
SCHWAB STRATEGIC TRUS MID-CAP ETF80852450881210,099SHSOLE 0 0 10,099
VANGUARD INTL EQUITY INDEX FALLWRLD EX US9220427752,52141,136SHSOLE 0 0 41,136
VANGUARD BD INDEX FDSINTERMED TERM9219378193,89144,409SHSOLE 0 0 44,409
SCHWAB STRATEGIC TRUS LRG CAP ETF8085242015,45947,958SHSOLE 0 0 47,958
ISHARES TRCORE S&P SCP ETF4642878041,0539,196SHSOLE 0 0 9,196
SCHWAB STRATEGIC TRUS SML CAP ETF8085246074334,227SHSOLE 0 0 4,227
SCHWAB STRATEGIC TRUS DIVIDEND EQ8085247974725,845SHSOLE 0 0 5,845
SPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP78467Y1078331,609SHSOLE 0 0 1,609
ISHARES TRCORE S&P US GWT4642876714133,568SHSOLE 0 0 3,568
SCHWAB STRATEGIC TRINTL EQTY ETF80852480539210,092SHSOLE 0 0 10,092
ISHARES TRMSCI EAFE ETF4642874651,63420,773SHSOLE 0 0 20,773
SCHWAB STRATEGIC TRUS AGGREGATE B8085248393887,200SHSOLE 0 0 7,200