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:
06-30-2023
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]
08-14-2023
                           [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:
132
Form 13F Information table Value Total:
198841417
          (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 LABSCOM002824100223,9272,054SHSOLE2,054 0 0
ABBVIE INCCOM00287Y109617,6224,584SHSOLE4,584 0 0
ALPHABET INCCAP STK CL A02079K3052,209,71118,460SHSOLE18,460 0 0
ALTRIA GROUP INCCOM02209S1031,040,62022,972SHSOLE22,972 0 0
AMAZON COM INCCOM0231351061,738,63713,337SHSOLE13,337 0 0
AMERICAN ELEC PWR CO INCCOM025537101281,6213,345SHSOLE3,345 0 0
AMGEN INCCOM031162100267,6691,206SHSOLE1,206 0 0
APPLE INCCOM0378331007,874,35140,596SHSOLE40,596 0 0
AT&T INCCOM00206R102779,68348,883SHSOLE48,883 0 0
BERKSHIRE HATHAWAY INC DELCL B NEW0846707022,010,2485,895SHSOLE5,895 0 0
BLACKROCK INCCOM09247X101409,573593SHSOLE593 0 0
BLACKSTONE INCCOM09260D107206,4372,220SHSOLE2,220 0 0
BOEING COCOM097023105443,4742,100SHSOLE2,100 0 0
CATERPILLAR INCCOM149123101762,1753,098SHSOLE3,098 0 0
CHEVRON CORP NEWCOM166764100896,4535,697SHSOLE5,697 0 0
CISCO SYS INCCOM17275R102204,0033,943SHSOLE3,943 0 0
CITIGROUP INCCOM NEW172967424234,8085,100SHSOLE5,100 0 0
COCA COLA COCOM191216100738,12512,257SHSOLE12,257 0 0
COSTCO WHSL CORP NEWCOM22160K105270,805503SHSOLE503 0 0
CROWN CASTLE INCCOM22822V101478,2784,198SHSOLE4,198 0 0
DISNEY WALT COCOM254687106297,3123,330SHSOLE3,330 0 0
DUKE ENERGY CORP NEWCOM NEW26441C204504,9445,627SHSOLE5,627 0 0
ENBRIDGE INCCOM29250N105341,6699,197SHSOLE9,197 0 0
ENERGY TRANSFER L PCOM UT LTD PTN29273V100207,42716,333SHSOLE16,333 0 0
EXXON MOBIL CORPCOM30231G1021,941,10518,099SHSOLE18,099 0 0
FIRST TR EXCHANGE TRADED FDDOW 30 EQL WGT33733A201216,2627,180SHSOLE7,180 0 0
FIRST TR EXCHANGE-TRADED FDSENIOR LN FD33738D309349,7167,720SHSOLE7,720 0 0
FIRST TR EXCHANGE-TRADED FDFIRST TR ENH NEW33739Q4082,181,42136,718SHSOLE36,718 0 0
FLEXSHARES TRQUALT DIVD IDX33939L860496,1278,585SHSOLE8,585 0 0
FORD MTR CO DELCOM345370860214,49714,177SHSOLE14,177 0 0
GENERAL DYNAMICS CORPCOM369550108399,9641,859SHSOLE1,859 0 0
GENERAL MLS INCCOM370334104200,0432,608SHSOLE2,608 0 0
GENUINE PARTS COCOM372460105286,4091,692SHSOLE1,692 0 0
IDEXX LABS INCCOM45168D104310,880619SHSOLE619 0 0
INTEL CORPCOM458140100479,26814,332SHSOLE14,332 0 0
INTERNATIONAL BUSINESS MACHSCOM459200101208,3391,557SHSOLE1,557 0 0
INVESCO EXCH TRADED FD TR IIS&P MIDCP LOW46138E198325,8706,297SHSOLE6,297 0 0
INVESCO EXCH TRADED FD TR IIS&P500 LOW VOL46138E3541,159,22118,456SHSOLE18,456 0 0
INVESCO QQQ TRUNIT SER 146090E1034,082,44111,051SHSOLE11,051 0 0
ISHARES TRCORE HIGH DV ETF46429B663638,5056,335SHSOLE6,335 0 0
ISHARES TRNATIONAL MUN ETF464288414301,0852,821SHSOLE2,821 0 0
ISHARES TRDOW JONES US ETF464287846202,1441,866SHSOLE1,866 0 0
ISHARES TRCORE MSCI TOTAL46432F834421,9966,739SHSOLE6,739 0 0
ISHARES TRUS CONSM STAPLES464287812288,5781,441SHSOLE1,441 0 0
ISHARES TRCORE S&P MCP ETF464287507314,8611,204SHSOLE1,204 0 0
ISHARES TR1 3 YR TREAS BD464287457262,6993,240SHSOLE3,240 0 0
ISHARES TRUS HLTHCARE ETF464287762619,9722,212SHSOLE2,212 0 0
ISHARES TRU.S. TECH ETF464287721217,6411,999SHSOLE1,999 0 0
ISHARES TRTIPS BD ETF4642871765,733,55153,276SHSOLE53,276 0 0
ISHARES TRCORE S&P500 ETF46428720013,955,13731,310SHSOLE31,310 0 0
ISHARES TRMICRO-CAP ETF464288869211,6051,936SHSOLE1,936 0 0
ISHARES TRS&P 500 VAL ETF464287408322,3802,000SHSOLE2,000 0 0
ISHARES TR0-5YR INVT GR CP46434V100267,9915,559SHSOLE5,559 0 0
ISHARES TRIBOXX INV CP ETF464287242218,9842,025SHSOLE2,025 0 0
ISHARES TRCORE S&P SCP ETF464287804329,5653,307SHSOLE3,307 0 0
ISHARES TRU.S. MED DVC ETF4642888102,548,44645,137SHSOLE45,137 0 0
J P MORGAN EXCHANGE TRADED FULTRA SHRT INC46641Q8372,298,71845,846SHSOLE45,846 0 0
J P MORGAN EXCHANGE TRADED FULTRA SHT MUNCPL46641Q654448,1018,847SHSOLE8,847 0 0
JOHNSON & JOHNSONCOM4781601044,194,04125,339SHSOLE25,339 0 0
JPMORGAN CHASE & COCOM46625H1001,062,8747,308SHSOLE7,308 0 0
LILLY ELI & COCOM532457108784,3391,672SHSOLE1,672 0 0
LOCKHEED MARTIN CORPCOM5398301091,827,1483,969SHSOLE3,969 0 0
LOWES COS INCCOM548661107215,769956SHSOLE956 0 0
MAGELLAN MIDSTREAM PRTNRS LPCOM UNIT RP LP559080106217,5133,490SHSOLE3,490 0 0
MCDONALDS CORPCOM580135101761,7242,553SHSOLE2,553 0 0
MERCK & CO INCCOM58933Y105231,1132,003SHSOLE2,003 0 0
MICROSOFT CORPCOM5949181045,220,60215,330SHSOLE15,330 0 0
NVIDIA CORPORATIONCOM67066G104348,568824SHSOLE824 0 0
PAYCHEX INCCOM704326107262,3982,346SHSOLE2,346 0 0
PEPSICO INCCOM713448108411,7162,223SHSOLE2,223 0 0
PFIZER INCCOM717081103247,2586,741SHSOLE6,741 0 0
PHILIP MORRIS INTL INCCOM718172109419,5224,298SHSOLE4,298 0 0
PROCTER AND GAMBLE COCOM7427181094,562,49830,068SHSOLE30,068 0 0
QUANTA SVCS INCCOM74762E102216,0951,100SHSOLE1,100 0 0
RAYTHEON TECHNOLOGIES CORPCOM75513E101368,7213,764SHSOLE3,764 0 0
SCHWAB CHARLES CORPCOM808513105219,9183,880SHSOLE3,880 0 0
SCHWAB STRATEGIC TRUS TIPS ETF8085248701,167,23322,263SHSOLE22,263 0 0
SCHWAB STRATEGIC TRUS MID-CAP ETF808524508218,0083,069SHSOLE3,069 0 0
SCHWAB STRATEGIC TRUS DIVIDEND EQ8085247971,035,75714,263SHSOLE14,263 0 0
SCHWAB STRATEGIC TRUS LCAP GR ETF808524300888,75711,858SHSOLE11,858 0 0
SCHWAB STRATEGIC TRUS BRD MKT ETF8085241021,247,94024,138SHSOLE24,138 0 0
SCHWAB STRATEGIC TRUS LCAP VA ETF808524409670,5659,995SHSOLE9,995 0 0
SCHWAB STRATEGIC TRUS LRG CAP ETF808524201372,9277,121SHSOLE7,121 0 0
SCHWAB STRATEGIC TRUS SML CAP ETF808524607362,3148,272SHSOLE8,272 0 0
SELECT SECTOR SPDR TRTECHNOLOGY81369Y803395,0102,272SHSOLE2,272 0 0
SELECT SECTOR SPDR TRSBI CONS STPLS81369Y308511,7736,900SHSOLE6,900 0 0
SELECT SECTOR SPDR TRSBI CONS DISCR81369Y407259,6391,529SHSOLE1,529 0 0
SOUTHERN COCOM842587107253,2333,605SHSOLE3,605 0 0
SPDR DOW JONES INDL AVERAGEUT SER 178467X1091,710,6544,975SHSOLE4,975 0 0
SPDR GOLD TRGOLD SHS78463V107201,9801,133SHSOLE1,133 0 0
SPDR S&P 500 ETF TRTR UNIT78462F103235,115530SHSOLE530 0 0
SPDR SER TRNUVEEN BLOOMBERG78464A284333,98413,354SHSOLE13,354 0 0
THE CIGNA GROUPCOM125523100249,734890SHSOLE890 0 0
TRANE TECHNOLOGIES PLCSHSG8994E103285,9341,495SHSOLE1,495 0 0
UNITED PARCEL SERVICE INCCL B911312106536,7722,995SHSOLE2,995 0 0
UNITEDHEALTH GROUP INCCOM91324P102320,106666SHSOLE666 0 0
VALERO ENERGY CORPCOM91913Y100238,3782,032SHSOLE2,032 0 0
VANECK ETF TRUSTVANECK SHRT MUNI92189F528168,35010,000SHSOLE10,000 0 0
VANGUARD BD INDEX FDSTOTAL BND MRKT9219378351,392,15919,152SHSOLE19,152 0 0
VANGUARD INDEX FDSSML CP GRW ETF922908595203,779887SHSOLE887 0 0
VANGUARD INDEX FDSMID CAP ETF9229086297,363,64633,447SHSOLE33,447 0 0
VANGUARD INDEX FDSVALUE ETF9229087448,176,98357,544SHSOLE57,544 0 0
VANGUARD INDEX FDSSM CP VAL ETF922908611223,1251,349SHSOLE1,349 0 0
VANGUARD INDEX FDSGROWTH ETF92290873610,712,92737,860SHSOLE37,860 0 0
VANGUARD INDEX FDSREAL ESTATE ETF922908553208,0642,490SHSOLE2,490 0 0
VANGUARD INDEX FDSTOTAL STK MKT9229087692,952,32313,403SHSOLE13,403 0 0
VANGUARD INDEX FDSSMALL CP ETF9229087517,499,61637,707SHSOLE37,707 0 0
VANGUARD INTL EQUITY INDEX FALLWRLD EX US922042775209,5133,851SHSOLE3,851 0 0
VANGUARD INTL EQUITY INDEX FTT WRLD ST ETF922042742772,3247,964SHSOLE7,964 0 0
VANGUARD SCOTTSDALE FDSINT-TERM CORP92206C8701,557,98119,714SHSOLE19,714 0 0
VANGUARD SCOTTSDALE FDSINTER TERM TREAS92206C706296,8205,060SHSOLE5,060 0 0
VANGUARD SCOTTSDALE FDSLG-TERM COR BD92206C813844,00310,753SHSOLE10,753 0 0
VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD92206C4094,236,20355,990SHSOLE55,990 0 0
VANGUARD SPECIALIZED FUNDSDIV APP ETF92190884422,042,665135,706SHSOLE135,706 0 0
VANGUARD WHITEHALL FDSHIGH DIV YLD921946406739,7436,974SHSOLE6,974 0 0
VANGUARD WORLD FDMEGA CAP VAL ETF9219108403,389,30832,665SHSOLE32,665 0 0
VANGUARD WORLD FDMEGA GRWTH IND9219108161,103,4154,689SHSOLE4,689 0 0
VANGUARD WORLD FDMEGA CAP INDEX9219108735,951,14638,036SHSOLE38,036 0 0
VANGUARD WORLD FDSCONSUM STP ETF92204A2071,788,7469,199SHSOLE9,199 0 0
VANGUARD WORLD FDSINDUSTRIAL ETF92204A603801,1563,898SHSOLE3,898 0 0
VANGUARD WORLD FDSINF TECH ETF92204A7021,809,6814,093SHSOLE4,093 0 0
VANGUARD WORLD FDSFINANCIALS ETF92204A4051,813,02422,317SHSOLE22,317 0 0
VANGUARD WORLD FDSENERGY ETF92204A3061,639,49914,523SHSOLE14,523 0 0
VANGUARD WORLD FDSMATERIALS ETF92204A801775,0104,259SHSOLE4,259 0 0
VANGUARD WORLD FDSCONSUM DIS ETF92204A108966,5623,413SHSOLE3,413 0 0
VANGUARD WORLD FDSHEALTH CAR ETF92204A5044,188,89317,110SHSOLE17,110 0 0
VANGUARD WORLD FDSUTILITIES ETF92204A8761,136,4007,993SHSOLE7,993 0 0
VERIZON COMMUNICATIONS INCCOM92343V104895,62524,082SHSOLE24,082 0 0
VISA INCCOM CL A92826C8391,778,9247,491SHSOLE7,491 0 0
WALMART INCCOM9311421031,510,6829,611SHSOLE9,611 0 0
WELLTOWER INCCOM95040Q104889,84211,001SHSOLE11,001 0 0
WISDOMTREE TRUS SMALLCAP DIVD97717W604242,5568,425SHSOLE8,425 0 0