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:
03-31-2020
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]
01-13-2023
                           [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:
81
Form 13F Information table Value Total:
91088
          (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
ALPHABET INCCAP STK CL A02079K305643555SHSOLE555 0 0
ALTRIA GROUP INCCOM02209S10354013,946SHSOLE13,946 0 0
AMAZON COM INCCOM023135106723370SHSOLE370 0 0
APPLE INCCOM0378331002,2618,891SHSOLE8,891 0 0
AT&T INCCOM00206R10244815,333SHSOLE15,333 0 0
BERKSHIRE HATHAWAY INC DELCL B NEW0846707025843,207SHSOLE3,207 0 0
CATERPILLAR INC DELCOM1491231012652,289SHSOLE2,289 0 0
CHEVRON CORP NEWCOM1667641004305,914SHSOLE5,914 0 0
CIGNA CORP NEWCOM1255231002211,248SHSOLE1,248 0 0
CLOROX CO DELCOM1890541093151,823SHSOLE1,823 0 0
COCA COLA COCOM1912161002736,168SHSOLE6,168 0 0
CROWN CASTLE INTL CORP NEWCOM22822V1016124,244SHSOLE4,244 0 0
DISNEY WALT COCOM DISNEY2546871064534,683SHSOLE4,683 0 0
EXXON MOBIL CORPCOM30231G1022376,278SHSOLE6,278 0 0
FLEXSHARES TRQUALT DIVD IDX33939L8603198,885SHSOLE8,885 0 0
INTEL CORPCOM45814010078614,506SHSOLE14,506 0 0
INVESCO EXCHANGE-TRADED FD TS&P500 LOW VOL46138E3541,28127,348SHSOLE27,348 0 0
INVESCO EXCHANGE-TRADED FD TS&P MIDCP LOW46138E1982746,906SHSOLE6,906 0 0
INVESCO EXCHANGE-TRADED FD TNATL AMT MUNI46138E53777029,832SHSOLE29,832 0 0
INVESCO QQQ TRUNIT SER 146090E1031,96210,314SHSOLE10,314 0 0
ISHARES TRNATIONAL MUN ETF4642884144303,814SHSOLE3,814 0 0
ISHARES TRCORE S&P SCP ETF4642878042023,603SHSOLE3,603 0 0
ISHARES TRUS HLTHCARE ETF4642877624532,406SHSOLE2,406 0 0
ISHARES TRTIPS BD ETF4642871762,70822,992SHSOLE22,992 0 0
ISHARES TRCORE HIGH DV ETF46429B6634426,173SHSOLE6,173 0 0
ISHARES TRCORE S&P MCP ETF4642875072521,739SHSOLE1,739 0 0
ISHARES TRCORE S&P500 ETF4642872006,29224,349SHSOLE24,349 0 0
ISHARES TRU.S. MED DVC ETF4642888101,1795,221SHSOLE5,221 0 0
JOHNSON & JOHNSONCOM4781601042,25217,188SHSOLE17,188 0 0
JPMORGAN CHASE & COCOM46625H1003203,555SHSOLE3,555 0 0
LOCKHEED MARTIN CORPCOM539830109272808SHSOLE808 0 0
MCDONALDS CORPCOM5801351013041,835SHSOLE1,835 0 0
MICROSOFT CORPCOM5949181041,60710,178SHSOLE10,178 0 0
PEPSICO INCCOM7134481082692,245SHSOLE2,245 0 0
PHILIP MORRIS INTL INCCOM7181721092213,038SHSOLE3,038 0 0
PIMCO ETF TRSHTRM MUN BD ACT72201R8742514,961SHSOLE4,961 0 0
PROCTER & GAMBLE COCOM7427181092,43221,991SHSOLE21,991 0 0
SCHWAB STRATEGIC TRUS BRD MKT ETF80852410275812,570SHSOLE12,570 0 0
SCHWAB STRATEGIC TRUS LCAP GR ETF8085243003794,762SHSOLE4,762 0 0
SCHWAB STRATEGIC TRUS LRG CAP ETF8085242012884,673SHSOLE4,673 0 0
SCHWAB STRATEGIC TRUS DIVIDEND EQ80852479745710,193SHSOLE10,193 0 0
SCHWAB STRATEGIC TRUS TIPS ETF8085248702404,172SHSOLE4,172 0 0
SCHWAB STRATEGIC TRUS SML CAP ETF8085246072655,158SHSOLE5,158 0 0
SELECT SECTOR SPDR TRSBI CONS STPLS81369Y3083195,845SHSOLE5,845 0 0
SELECT SECTOR SPDR TRTECHNOLOGY81369Y8033604,524SHSOLE4,524 0 0
UNITED PARCEL SERVICE INCCL B9113121062192,368SHSOLE2,368 0 0
VANECK VECTORS ETF TRAMT FREE SHORT M92189F52817410,000SHSOLE10,000 0 0
VANECK VECTORS ETF TRSHORT HIGH YIELD92189F38741618,426SHSOLE18,426 0 0
VANECK VECTORS ETF TRHIGH YLD MUN ETF92189H4093777,212SHSOLE7,212 0 0
VANECK VECTORS ETF TRAMT FREE INT ETF92189H2013827,738SHSOLE7,738 0 0
VANGUARD BD INDEX FDSTOTAL BND MRKT9219378353534,150SHSOLE4,150 0 0
VANGUARD INDEX FDSREAL ESTATE ETF9229085532533,657SHSOLE3,657 0 0
VANGUARD INDEX FDSTOTAL STK MKT9229087691,31010,161SHSOLE10,161 0 0
VANGUARD INDEX FDSSMALL CP ETF9229087513,19327,649SHSOLE27,649 0 0
VANGUARD INDEX FDSGROWTH ETF9229087365,60435,793SHSOLE35,793 0 0
VANGUARD INDEX FDSVALUE ETF9229087442,15024,218SHSOLE24,218 0 0
VANGUARD INDEX FDSMID CAP ETF9229086293,46426,253SHSOLE26,253 0 0
VANGUARD INTL EQUITY INDEX FALLWRLD EX US9220427752546,158SHSOLE6,158 0 0
VANGUARD INTL EQUITY INDEX FTT WRLD ST ETF92204274266410,595SHSOLE10,595 0 0
VANGUARD SCOTTSDALE FDSSHORT TERM TREAS92206C1022704,357SHSOLE4,357 0 0
VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD92206C4095,91574,653SHSOLE74,653 0 0
VANGUARD SCOTTSDALE FDSINT-TERM CORP92206C8701,44016,555SHSOLE16,555 0 0
VANGUARD SPECIALIZED FUNDSDIV APP ETF92190884411,514111,364SHSOLE111,364 0 0
VANGUARD WHITEHALL FDSHIGH DIV YLD9219464066369,003SHSOLE9,003 0 0
VANGUARD WORLD FDMEGA GRWTH IND9219108167115,601SHSOLE5,601 0 0
VANGUARD WORLD FDMEGA CAP VAL ETF92191084067810,176SHSOLE10,176 0 0
VANGUARD WORLD FDMEGA CAP INDEX9219108733,35936,957SHSOLE36,957 0 0
VANGUARD WORLD FDSHEALTH CAR ETF92204A5042,52815,255SHSOLE15,255 0 0
VANGUARD WORLD FDSCONSUM STP ETF92204A2077185,212SHSOLE5,212 0 0
VANGUARD WORLD FDSCONSUM DIS ETF92204A1084883,361SHSOLE3,361 0 0
VANGUARD WORLD FDSENERGY ETF92204A3063368,671SHSOLE8,671 0 0
VANGUARD WORLD FDSFINANCIALS ETF92204A4051,12622,289SHSOLE22,289 0 0
VANGUARD WORLD FDSINDUSTRIAL ETF92204A6034173,761SHSOLE3,761 0 0
VANGUARD WORLD FDSINF TECH ETF92204A7021,1135,257SHSOLE5,257 0 0
VANGUARD WORLD FDSMATERIALS ETF92204A8012983,093SHSOLE3,093 0 0
VANGUARD WORLD FDSUTILITIES ETF92204A8765634,613SHSOLE4,613 0 0
VERIZON COMMUNICATIONS INCCOM92343V1041,22022,751SHSOLE22,751 0 0
VISA INCCOM CL A92826C8391,1347,055SHSOLE7,055 0 0
WALMART INCCOM9311421035945,209SHSOLE5,209 0 0
WELLTOWER INCCOM95040Q10466514,444SHSOLE14,444 0 0
WISDOMTREE TRUS SMALLCAP DIVD97717W60420311,258SHSOLE11,258 0 0