Sage Advisory Services Portfolio Shifts: Key Purchases & Sales in Q2 2026

As reported for the period ending June 30th, 2026, Sage Advisory Services Ltd.Co. adjusted its investment portfolio through notable purchases and sales. The firm's holdings reflect a dynamic approach to capital allocation during this quarter.

New Positions & Significant Increases

Sage initiated several new positions or significantly increased existing ones in Q2 2026, signaling confidence in certain sectors or companies:

• HYLB (DBX ETF TR): Sage made a substantial purchase of HYLB, acquiring all shares from the previous quarter. This new position accounts for 2.24% of the total portfolio value.
• SPEM (SPDR ETF): The firm also fully bought into SPEM, acquiring all shares previously held, adding this stock with a 1.48% allocation to the portfolio.
• SNPE (DBX ETF TR): Another new position was created in SNPE, which saw a full acquisition from prior periods, now representing 0.52% of the portfolio.
• IGV (ISHARES ETF): Sage purchased all shares in IGV, which was not held previously according to this filing, adding it with a 1.88% allocation.
• RSPN (INVESCO ETF): The firm increased its stake in RSPN by acquiring all shares previously held, boosting the position to a 2.10% allocation.
• JBBB (JANUS ETF): Sage fully bought into JBBB, which was not part of the portfolio before, adding it with a 5.67% allocation.

Significant Sales & Exits

In contrast to its buying activity, Sage also divested substantial portions or exited positions entirely during Q2:

• NUSC (NUSHARES ETF): The firm completely sold out NUSC, which represented a 0.10% allocation previously, marking the exit of this stock.
• FLBL (FRANKLIN TEMPLETON ETF): There was a notable decrease in Sage's stake in FLBL, although it remains an existing holding with a 7.83% allocation.
• KBE (SPDR SERIES TRUST ETF): A significant portion of the previously held shares in KBE"> were sold, reducing its portfolio percentage from 2.65% to an exit level.
• IEFA (ISHARES ETF): Sage reduced its stake in existing holding IEFA, decreasing the allocation by approximately -14.41%, though it remains part of the portfolio.
• USHY (ISHARES ETF): The firm sold a large portion of its stake in existing holding USHY, decreasing the allocation by approximately -40.85%, though it remains part of the portfolio.
• PSK (SPDR SERIES TRUST ETF): While increasing its stake in PSK, Sage also noted a significant increase from prior periods, boosting its allocation to 5.60%.

Stable Holdings & Portfolio Overview

The portfolio maintained several large positions despite quarterly changes:

• IVV (ISHARES ETF): Sage's stake in IVV increased by 24.99% from prior periods, raising its allocation to 14.98%. This remains a core holding.
• SPYG (SPDR ETF): The stake in SPYG also saw significant growth (+5.36%) during the quarter, increasing its allocation to 13.46%.
• JMBS (JANUS ETF): Another existing holding, JMBS, experienced a substantial increase (+7.93%) in shares during the quarter, raising its allocation to 5.67%.
• SPDW (SPDR ETF): The stake in SPDW increased by +2.46%, contributing to a higher portfolio percentage allocation of 7.19%.
• IEMG (ISHARES ETF): Sage's stake in IEMG decreased by -2.33%, lowering its portfolio percentage allocation to 4.22%.
• CARY (ANGEL OAK ETF): The stake in existing holding CARY increased slightly (+7.07%) during the quarter, raising its allocation to 2.81%.
• SRLN (SSGA ETF): The stake in existing holding SRLN decreased by -33.86%, lowering its portfolio percentage allocation to 0.85%.

The overall portfolio shows a mix of strategic additions, large disposals, and adjustments to existing holdings during Q2 2026.