Sage Financial Group Inc Buys iShares Core S&P Small-Cap, IQ Hedge MultiIQ Hedge Multi-Strategy Tracker, SPDR Nuveen Bloomberg Barclays Municipal Bond, Sells iShares MSCI Frontier 100 Fund, BP Prudhoe Bay Royalty Trust, Crawford

• New Purchases: IJR, TFI, KMI,
• Added Positions: VOO, QAI, VEU, VOE, EMB, SCHG, VBR, ATVI, SCHE,
• Reduced Positions: VUG, AMJ, FM, VWO, VBK, SCHA, VO, SCHD, HYMB,
• Sold Out: BPT, CRD.A, DB,

For the details of SAGE FINANCIAL GROUP INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=SAGE+FINANCIAL+GROUP+INC

1. Schwab U.S. Large-Cap (SCHX) - 3,667,748 shares, 51.23% of the total portfolio. Shares reduced by 0.27%
2. Vanguard FTSE All World Ex US (VEU) - 764,274 shares, 8.51% of the total portfolio. Shares added by 2.04%
3. Vanguard Value (VTV) - 317,055 shares, 7.07% of the total portfolio. Shares added by 0.93%
4. Vanguard Growth (VUG) - 213,432 shares, 6.87% of the total portfolio. Shares reduced by 2.4%
5. Vanguard Mid-Cap Value (VOE) - 137,853 shares, 3.27% of the total portfolio. Shares added by 3.52%

Sage Financial Group Inc initiated holding in iShares Core S&P Small-Cap. The purchase prices were between $75.25 and $86.64, with an estimated average price of $81.5. The stock is now traded at around $86.83. The impact to a portfolio due to this purchase was 0.23%. The holding were 12,925 shares as of 2018-06-30.

Sage Financial Group Inc initiated holding in SPDR Nuveen Bloomberg Barclays Municipal Bond. The purchase prices were between $47.56 and $48.19, with an estimated average price of $47.85. The stock is now traded at around $48.07. The impact to a portfolio due to this purchase was 0.21%. The holding were 20,820 shares as of 2018-06-30.

Sage Financial Group Inc initiated holding in Kinder Morgan Inc. The purchase prices were between $14.9 and $17.67, with an estimated average price of $16.36. The stock is now traded at around $18.02. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 222 shares as of 2018-06-30.

Sage Financial Group Inc added to a holding in IQ Hedge MultiIQ Hedge Multi-Strategy Tracker by 47.03%. The purchase prices were between $30.29 and $30.81, with an estimated average price of $30.55. The stock is now traded at around $30.71. The impact to a portfolio due to this purchase was 0.22%. The holding were 104,615 shares as of 2018-06-30.

Sage Financial Group Inc sold out a holding in BP Prudhoe Bay Royalty Trust. The sale prices were between $21.55 and $30.6, with an estimated average price of $25.79.

Sage Financial Group Inc sold out a holding in Crawford & Co. The sale prices were between $7.55 and $8.61, with an estimated average price of $8.02.

Sage Financial Group Inc sold out a holding in Deutsche Bank AG. The sale prices were between $10.38 and $14.78, with an estimated average price of $12.78.

Sage Financial Group Inc reduced to a holding in iShares MSCI Frontier 100 Fund by 32.72%. The sale prices were between $28.81 and $35.33, with an estimated average price of $32.18. The stock is now traded at around $29.54. The impact to a portfolio due to this sale was -0.05%. Sage Financial Group Inc still held 12,911 shares as of 2018-06-30.