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:
Gray Wealth Management Inc.
Address:
128 Broadway
Bangor, ME 04401
Form 13F File Number:
028-22714

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:
Vance B. Gray Jr.
Title:
President
Phone:
207-992-2819


Signature, Place, and Date of Signing:

/s/ Vance B. Gray Jr.
                         [Signature]
Bangor, MAINE
                 [City, State]
01-03-2023
                           [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:
128
Form 13F Information table Value Total:
200801
          (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
ABBOTT LABSCOM0028241002962,104SHSOLE2,104 0 0
ABBVIE INCCOM00287Y1095534,082SHSOLE4,082 0 0
ALPHABET INCCAP STK CL A02079K3051,895654SHSOLE654 0 0
ALTRIA GROUP INCCOM02209S10372815,356SHSOLE15,356 0 0
AMAZON COM INCCOM0231351061,714514SHSOLE514 0 0
AMERICAN ELEC PWR CO INCCOM0255371012502,811SHSOLE2,811 0 0
AMGEN INCCOM0311621002411,072SHSOLE1,072 0 0
APPLE INCCOM0378331007,07839,862SHSOLE39,862 0 0
AT&T INCCOM00206R10238315,559SHSOLE15,559 0 0
BERKSHIRE HATHAWAY INC DELCL B NEW0846707021,1573,869SHSOLE3,869 0 0
BK OF AMERICA CORPCOM0605051043878,700SHSOLE8,700 0 0
BLACKROCK INCCOM09247X101677739SHSOLE739 0 0
BLACKSTONE INCCOM09260D1074473,452SHSOLE3,452 0 0
BOEING COCOM0970231055112,538SHSOLE2,538 0 0
CATERPILLAR INCCOM1491231015952,876SHSOLE2,876 0 0
CHEVRON CORP NEWCOM1667641006355,407SHSOLE5,407 0 0
CISCO SYS INCCOM17275R1022684,228SHSOLE4,228 0 0
CITIGROUP INCCOM NEW1729674242233,685SHSOLE3,685 0 0
COCA COLA COCOM1912161005399,111SHSOLE9,111 0 0
CONSOLIDATED EDISON INCCOM2091151042042,396SHSOLE2,396 0 0
CROWN CASTLE INTL CORP NEWCOM22822V1019324,467SHSOLE4,467 0 0
DISNEY WALT COCOM2546871069916,395SHSOLE6,395 0 0
DUKE ENERGY CORP NEWCOM NEW26441C2044854,623SHSOLE4,623 0 0
ENBRIDGE INCCOM29250N1052927,460SHSOLE7,460 0 0
EXXON MOBIL CORPCOM30231G10292715,157SHSOLE15,157 0 0
FIRST TR EXCH TRADED FD IIIMANAGD MUN ETF33739N1082294,020SHSOLE4,020 0 0
FIRST TR EXCHANGE-TRADED FDFIRST TR ENH NEW33739Q4082,85347,703SHSOLE47,703 0 0
FIRST TR EXCHANGE-TRADED FDSENIOR LN FD33738D3093807,922SHSOLE7,922 0 0
FLEXSHARES TRQUALT DIVD IDX33939L8604938,040SHSOLE8,040 0 0
FORD MTR CO DELCOM34537086027713,327SHSOLE13,327 0 0
GENERAL DYNAMICS CORPCOM3695501082341,123SHSOLE1,123 0 0
HOME DEPOT INCCOM437076102329792SHSOLE792 0 0
IDEXX LABS INCCOM45168D104316480SHSOLE480 0 0
INTEL CORPCOM45814010082215,965SHSOLE15,965 0 0
INVESCO EXCH TRADED FD TR IINATL AMT MUNI46138E53775727,922SHSOLE27,922 0 0
INVESCO EXCH TRADED FD TR IIS&P500 LOW VOL46138E3541,43820,947SHSOLE20,947 0 0
INVESCO EXCH TRADED FD TR IIS&P MIDCP LOW46138E1984147,086SHSOLE7,086 0 0
INVESCO QQQ TRUNIT SER 146090E1034,36710,977SHSOLE10,977 0 0
ISHARES TRCORE S&P500 ETF46428720012,43426,068SHSOLE26,068 0 0
ISHARES TRCORE S&P SCP ETF4642878043443,005SHSOLE3,005 0 0
ISHARES TRIBOXX INV CP ETF4642872422351,771SHSOLE1,771 0 0
ISHARES TRUS HLTHCARE ETF4642877626962,317SHSOLE2,317 0 0
ISHARES TRTIPS BD ETF46428717610,58581,929SHSOLE81,929 0 0
ISHARES TRCORE S&P MCP ETF4642875074151,467SHSOLE1,467 0 0
ISHARES TRCORE MSCI TOTAL46432F8344205,915SHSOLE5,915 0 0
ISHARES TRMICRO-CAP ETF4642888693132,241SHSOLE2,241 0 0
ISHARES TRCORE HIGH DV ETF46429B6635565,505SHSOLE5,505 0 0
ISHARES TRU.S. TECH ETF4642877213002,608SHSOLE2,608 0 0
ISHARES TRU.S. MED DVC ETF4642888103,24249,234SHSOLE49,234 0 0
ISHARES TRNATIONAL MUN ETF4642884148987,722SHSOLE7,722 0 0
ISHARES TRDOW JONES US ETF4642878462211,876SHSOLE1,876 0 0
ISHARES TRUS CONSM STAPLES4642878122651,322SHSOLE1,322 0 0
J P MORGAN EXCHANGE-TRADED FULTRA SHRT INC46641Q83781016,048SHSOLE16,048 0 0
JOHNSON & JOHNSONCOM4781601043,82022,329SHSOLE22,329 0 0
JPMORGAN CHASE & COCOM46625H1008185,168SHSOLE5,168 0 0
LOCKHEED MARTIN CORPCOM5398301095881,654SHSOLE1,654 0 0
LOWES COS INCCOM5486611072721,054SHSOLE1,054 0 0
LUMEN TECHNOLOGIES INCCOM55024110321216,869SHSOLE16,869 0 0
MCDONALDS CORPCOM5801351016202,311SHSOLE2,311 0 0
META PLATFORMS INCCL A30303M102206612SHSOLE612 0 0
MICROSOFT CORPCOM5949181044,57113,590SHSOLE13,590 0 0
NEXTERA ENERGY INCCOM65339F1012012,156SHSOLE2,156 0 0
PAYCHEX INCCOM7043261073352,455SHSOLE2,455 0 0
PAYPAL HLDGS INCCOM70450Y1033912,072SHSOLE2,072 0 0
PEPSICO INCCOM7134481082821,621SHSOLE1,621 0 0
PFIZER INCCOM7170811033626,125SHSOLE6,125 0 0
PHILIP MORRIS INTL INCCOM7181721092963,113SHSOLE3,113 0 0
PIMCO ETF TRSHTRM MUN BD ACT72201R8742344,561SHSOLE4,561 0 0
PROCTER AND GAMBLE COCOM7427181094,30326,302SHSOLE26,302 0 0
RAYTHEON TECHNOLOGIES CORPCOM75513E1012012,341SHSOLE2,341 0 0
SALESFORCE COM INCCOM79466L3022571,013SHSOLE1,013 0 0
SCHWAB STRATEGIC TRUS SML CAP ETF8085246075155,026SHSOLE5,026 0 0
SCHWAB STRATEGIC TRUS LCAP GR ETF8085243005773,524SHSOLE3,524 0 0
SCHWAB STRATEGIC TRUS TIPS ETF8085248702103,340SHSOLE3,340 0 0
SCHWAB STRATEGIC TRUS DIVIDEND EQ80852479795611,833SHSOLE11,833 0 0
SCHWAB STRATEGIC TRUS MID-CAP ETF8085245083073,813SHSOLE3,813 0 0
SCHWAB STRATEGIC TRUS LRG CAP ETF8085242015254,611SHSOLE4,611 0 0
SCHWAB STRATEGIC TRUS BRD MKT ETF8085241021,55113,720SHSOLE13,720 0 0
SELECT SECTOR SPDR TRTECHNOLOGY81369Y8037264,174SHSOLE4,174 0 0
SELECT SECTOR SPDR TRSBI CONS STPLS81369Y3086678,646SHSOLE8,646 0 0
SELECT SECTOR SPDR TRSBI CONS DISCR81369Y4073111,523SHSOLE1,523 0 0
SHOPIFY INCCL A82509L107209152SHSOLE152 0 0
SOUTHERN COCOM8425871072453,578SHSOLE3,578 0 0
SPDR DOW JONES INDL AVERAGEUT SER 178467X109328904SHSOLE904 0 0
SPDR S&P 500 ETF TRTR UNIT78462F103235494SHSOLE494 0 0
TARGET CORPCOM87612E1062851,233SHSOLE1,233 0 0
TRANE TECHNOLOGIES PLCSHSG8994E1033191,581SHSOLE1,581 0 0
UNITED PARCEL SERVICE INCCL B9113121066152,870SHSOLE2,870 0 0
UNITEDHEALTH GROUP INCCOM91324P102229456SHSOLE456 0 0
VANECK ETF TRUSTVANECK SHRT MUNI92189F52817910,000SHSOLE10,000 0 0
VANECK ETF TRUSTINTRMDT MUNI ETF92189H2012244,368SHSOLE4,368 0 0
VANECK ETF TRUSTHIGH YLD MUNIETF92189H4093215,145SHSOLE5,145 0 0
VANGUARD BD INDEX FDSTOTAL BND MRKT9219378355426,397SHSOLE6,397 0 0
VANGUARD INDEX FDSVALUE ETF9229087445,17135,149SHSOLE35,149 0 0
VANGUARD INDEX FDSTOTAL STK MKT9229087693,11312,895SHSOLE12,895 0 0
VANGUARD INDEX FDSGROWTH ETF92290873614,01243,665SHSOLE43,665 0 0
VANGUARD INDEX FDSSML CP GRW ETF9229085953391,204SHSOLE1,204 0 0
VANGUARD INDEX FDSREAL ESTATE ETF9229085532812,421SHSOLE2,421 0 0
VANGUARD INDEX FDSMID CAP ETF9229086297,91031,047SHSOLE31,047 0 0
VANGUARD INDEX FDSSM CP VAL ETF9229086112251,259SHSOLE1,259 0 0
VANGUARD INDEX FDSSMALL CP ETF9229087517,74034,247SHSOLE34,247 0 0
VANGUARD INTL EQUITY INDEX FTT WRLD ST ETF9220427421,07410,000SHSOLE10,000 0 0
VANGUARD INTL EQUITY INDEX FALLWRLD EX US9220427753245,290SHSOLE5,290 0 0
VANGUARD SCOTTSDALE FDSINT-TERM CORP92206C8701,82119,633SHSOLE19,633 0 0
VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD92206C4097,06586,942SHSOLE86,942 0 0
VANGUARD SCOTTSDALE FDSSHORT TERM TREAS92206C1023215,280SHSOLE5,280 0 0
VANGUARD SPECIALIZED FUNDSDIV APP ETF92190884422,384130,328SHSOLE130,328 0 0
VANGUARD STAR FDSVG TL INTL STK F9219097682393,765SHSOLE3,765 0 0
VANGUARD WHITEHALL FDSHIGH DIV YLD9219464066635,917SHSOLE5,917 0 0
VANGUARD WORLD FDMEGA CAP INDEX9219108736,60239,280SHSOLE39,280 0 0
VANGUARD WORLD FDMEGA GRWTH IND9219108161,2994,980SHSOLE4,980 0 0
VANGUARD WORLD FDMEGA CAP VAL ETF9219108402,70825,349SHSOLE25,349 0 0
VANGUARD WORLD FDSINDUSTRIAL ETF92204A6039794,826SHSOLE4,826 0 0
VANGUARD WORLD FDSMATERIALS ETF92204A8011,0155,156SHSOLE5,156 0 0
VANGUARD WORLD FDSUTILITIES ETF92204A8768735,578SHSOLE5,578 0 0
VANGUARD WORLD FDSINF TECH ETF92204A7022,6735,833SHSOLE5,833 0 0
VANGUARD WORLD FDSFINANCIALS ETF92204A4052,26123,416SHSOLE23,416 0 0
VANGUARD WORLD FDSENERGY ETF92204A3061,24216,001SHSOLE16,001 0 0
VANGUARD WORLD FDSCOMM SRVC ETF92204A8842011,485SHSOLE1,485 0 0
VANGUARD WORLD FDSHEALTH CAR ETF92204A5044,48316,827SHSOLE16,827 0 0
VANGUARD WORLD FDSCONSUM DIS ETF92204A1081,6364,801SHSOLE4,801 0 0
VANGUARD WORLD FDSCONSUM STP ETF92204A2071,4267,133SHSOLE7,133 0 0
VERIZON COMMUNICATIONS INCCOM92343V1041,42227,363SHSOLE27,363 0 0
VISA INCCOM CL A92826C8391,7027,856SHSOLE7,856 0 0
WALMART INCCOM9311421031,1127,688SHSOLE7,688 0 0
WELLTOWER INCCOM95040Q10491110,619SHSOLE10,619 0 0
WISDOMTREE TRUS SMALLCAP DIVD97717W6042648,022SHSOLE8,022 0 0
WISDOMTREE TRUS MIDCAP DIVID97717W5052144,813SHSOLE4,813 0 0