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:
09-30-2022
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:
028-20594

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]
10-24-2022
                           [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:
30
Form 13F Information table Value Total:
113467
          (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
APPLE INCCOM0378331006204,483SHSOLE 0 0 4,483
ISHARES TRCORE S&P US GWT4642876714505,609SHSOLE 0 0 5,609
ISHARES TRMSCI EAFE ETF4642874654,42278,953SHSOLE 0 0 78,953
ISHARES TRMSCI KLD400 SOC4642885702784,147SHSOLE 0 0 4,147
ISHARES TRRUS MID CAP ETF4642874993575,745SHSOLE 0 0 5,745
ISHARES TRNATIONAL MUN ETF4642884146,01958,678SHSOLE 0 0 58,678
ISHARES TRSHRT NAT MUN ETF4642881582532,467SHSOLE 0 0 2,467
ISHARES TRCORE S&P SCP ETF4642878041,31615,091SHSOLE 0 0 15,091
JOHNSON & JOHNSONCOM4781601044302,635SHSOLE 0 0 2,635
MICROSOFT CORPCOM5949181043491,500SHSOLE 0 0 1,500
SCHWAB STRATEGIC TRUS DIVIDEND EQ8085247972,63039,585SHSOLE 0 0 39,585
SCHWAB STRATEGIC TRUS LCAP GR ETF8085243009,307166,759SHSOLE 0 0 166,759
SCHWAB STRATEGIC TRUS LRG CAP ETF80852420121,316503,324SHSOLE 0 0 503,324
SCHWAB STRATEGIC TRUS MID-CAP ETF8085245084,57175,520SHSOLE 0 0 75,520
SCHWAB STRATEGIC TRUS SML CAP ETF8085246073,08181,520SHSOLE 0 0 81,520
SCHWAB STRATEGIC TRSCHWAB FDT US BM80852478950910,800SHSOLE 0 0 10,800
SCHWAB STRATEGIC TRINTL EQTY ETF8085248051,42950,815SHSOLE 0 0 50,815
SELECT SECTOR SPDR TRSBI CONS STPLS81369Y3082764,132SHSOLE 0 0 4,132
SHERWIN WILLIAMS COCOM8243481069594,683SHSOLE 0 0 4,683
SPDR S&P 500 ETF TRTR UNIT78462F1034161,166SHSOLE 0 0 1,166
SPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP78467Y1071,4853,698SHSOLE 0 0 3,698
THERMO FISHER SCIENTIFIC INCCOM883556102236466SHSOLE 0 0 466
VANGUARD BD INDEX FDSINTERMED TERM92193781910,832147,409SHSOLE 0 0 147,409
VANGUARD BD INDEX FDSSHORT TRM BOND9219378279,413125,812SHSOLE 0 0 125,812
VANGUARD INDEX FDSVALUE ETF9229087443933,180SHSOLE 0 0 3,180
VANGUARD INDEX FDSLARGE CAP ETF9229086372,55515,621SHSOLE 0 0 15,621
VANGUARD INDEX FDSS&P 500 ETF SHS9229083635,81317,707SHSOLE 0 0 17,707
VANGUARD INTL EQUITY INDEX FALLWRLD EX US92204277512,129273,417SHSOLE 0 0 273,417
VANGUARD MALVERN FDSSTRM INFPROIDX9220208056,912143,672SHSOLE 0 0 143,672
VANGUARD WHITEHALL FDSHIGH DIV YLD9219464064,71149,657SHSOLE 0 0 49,657