Sage Investment Advisers Q2 Portfolio Activity: Focus on ETFs and Precious Metals

Sage Investment Advisers LLC recently reported activity for its investment portfolio as of June 30th, 2026. The firm demonstrated a dynamic approach to managing assets this quarter.

Major Purchases Observed

The most significant buying activity involved preferred stocks and exchange-traded funds (ETFs). Sage notably increased its position in PFF, the iShares Preferred and Senior Income ETF, by 61.63%. This substantial allocation increase suggests confidence in the income-generating potential of preferred securities.

Additionally, Sage purchased shares related to SJNK, SPDR Series Trust (SJNK), showing an interest in this specific trust product. The firm also significantly boosted its holdings of Vanguard's Balanced Index Fund for ETFs (BSV) by 34.16%, indicating a continued belief in the diversified, moderate-risk profile offered.

Gold and Specific Sector Investments

Sage also showed increased interest in gold-related investments during this period. The firm added shares to IAU, iShares Gold Trust, increasing its allocation by 17.38%. This move aligns with a potential strategic diversification or tactical positioning within the precious metals sector.

Furthermore, the portfolio saw an increase in VXUS, Vanguard STAR Fund Shares (ETF). This addition by 11.15% suggests a continued tilt towards lower-cost, passive investing strategies.

Notable Sales and Reductions

The investor also engaged in selling activities this quarter. One of the most significant reductions was observed in SCHO, Schwab Strategic Trust, where Sage sold down its position by 28.79%. This indicates a deliberate shift away from this specific trust product.

Other sales included reductions in positions held previously as top holdings (VOO) and other Vanguard funds, although the data provided focuses more on the changes rather than the absolute levels. Sage also exited its position entirely from MGK, Vanguard World Fund Shares (ETF), reducing its allocation to 0%, likely due to a prior period holding being sold completely.

Technology and Energy Sector Adjustments

The portfolio saw adjustments in specific sectors. In the Technology sector, Sage reduced its position in IBM, International Business Machines Corporation ETF (V), by 0.84%. Similarly, within the Energy sector, reductions were noted for CVX, Chevron Corporation ETF (IVE). These exits reflect a measured approach to concentrated holdings.

Overall Portfolio Changes and Structure

The overall portfolio structure as of June 30th, 2026, shows allocations across various sectors. The 'Unknown' sector remains the largest allocation at 59.44%, followed by Industrials (10.35%), Financial Services (8.61%), Technology (6.55%), and Communication Services (4.16%).

Sage Investment Advisers appears to be actively managing its portfolio, balancing strategic additions like preferred stocks and gold with reductions in other areas such as specific trusts or concentrated holdings. This quarter's filing highlights the firm's focus on ETFs across different strategies while also showing a willingness to exit positions when deemed appropriate.