Gray Wealth Management Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 2, 2024), Gray Wealth Management Inc. reported 136 stock positions worth $224.0 million. Its top holding was Vanguard Dividend Apprec ETF (VIG) at 11.1% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 7.3%) and Vanguard Mrngstar GR ETF-Sui (VUG, 7.2%). Compared with Q4 2023, it opened 10 new positions, sold out of 3, added to 57 and reduced 46. The biggest buy was Vanguard Mrngstar GR ETF-Sui (VUG, shares +6%) and the biggest sale iShares Tips Bond ETF (TIP, shares −8%).

Most Recent 13F
Q4 2024
Location
Bangor, ME
CIK
0001958397
Portfolio Value
$224.0M (Q1 2024)
SEC Filing
0001172661-24-001980 ↗ filed May 2, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $224.0M $224.0M Q1 2024 Q2 2024: $231.8M Q2 2024 Q3 2024: $253.3M Q3 2024 Q4 2024: $263.6M Q4 2024

Holdings 136 stocks · $224.0M
VIG Vanguard Dividend Apprec ETF 11.13% 136,500 $24.9M Add +0.4%
IVV iShares Core S&P 500 ETF 7.32% 31,189 $16.4M Add +0.6%
VUG Vanguard Mrngstar GR ETF-Sui 7.22% 47,000 $16.2M Add +6.2%
VB Vanguard Most SM-Cap ETF-Usd 4.02% 39,400 $9.0M Add +1.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 3.82% 34,257 $8.6M Add +1.5%
VTV Vanguard Mrngstr Val ETF-Aui 3.62% 49,841 $8.1M Reduce -1.4%
MGC Vngrd Mrngstr MG Cap ETF-Usd 3.24% 38,793 $7.2M Reduce -0.0%
AAPL Apple Inc. 3.17% 41,350 $7.1M Add +1.4%
MSFT Microsoft Corp. 2.92% 15,561 $6.5M Reduce -0.1%
VHT Vanguard Health Care ETF 2.57% 21,284 $5.8M Add +5.3%
QQQ Invesco QQQ Trust Series 1 2.41% 12,176 $5.4M Add +0.3%
TIP iShares Tips Bond ETF 2.20% 45,829 $4.9M Reduce -7.9%
PG The Procter & Gamble Co. 2.12% 29,204 $4.7M Add +0.3%
VTI VG Morningstar TS MKT ETF-US 1.80% 15,509 $4.0M Add +7.3%
VCSH Vanguard S/T Corp. Bond ETF 1.75% 50,671 $3.9M Add +1.2%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 1.68% 31,397 $3.8M Reduce -1.9%
JNJ Johnson & Johnson 1.68% 23,716 $3.8M Reduce -1.2%
BRK.B Berkshire Hathaway Inc. Class B 1.40% 7,440 $3.1M Add +5.0%
GOOGL Alphabet Inc. Class A 1.36% 20,168 $3.0M Add +5.4%
AMZN Amazon.com Inc. 1.28% 15,887 $2.9M Add +6.6%
IHI iShares U.S. Medical Devices 1.06% 40,643 $2.4M Add +1.3%
V Visa Inc. Class A 1.05% 8,396 $2.3M Add +6.3%
VGT Vanguard Info Tech ETF 0.92% 3,950 $2.1M Reduce -9.2%
VFH Vanguard Financials ETF 0.92% 20,098 $2.1M Reduce -0.0%
XOM Exxon Mobil Corp. 0.90% 17,422 $2.0M Add +2.8%
JPST JPMorgan Ultra-Short Income 0.86% 38,280 $1.9M Add +6.1%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.84% 4,706 $1.9M Reduce -1.1%
BND Vanguard Total Bond Market 0.82% 25,247 $1.8M Add +18.6%
VDE Vanguard Energy ETF 0.81% 13,693 $1.8M Reduce -4.6%
FTSM First Trust Enh Short Mat FD 0.75% 28,124 $1.7M Reduce -8.8%
SCHB Schwab US Broad Market ETF 0.73% 26,747 $1.6M Reduce -2.1%
VDC Vanguard Consumer Staple ETF 0.72% 7,927 $1.6M Reduce -4.1%
WMT Walmart Inc. 0.72% 26,622 $1.6M Reduce -3.3%
VCIT Vanguard Int-Term Corporate 0.70% 19,448 $1.6M Reduce -1.9%
QDF NT Qual Div ETF 0.68% 22,943 $1.5M Reduce -0.4%
LMT Lockheed Martin Corp. 0.67% 3,286 $1.5M Reduce -5.2%
JPM JPMorgan Chase & Co. 0.62% 6,980 $1.4M Add +8.2%
LLY Eli Lilly & Co. 0.61% 1,744 $1.4M Add +2.4%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.57% 4,458 $1.3M Reduce -7.2%
SCHG Schwab US Large-Cap Growth 0.55% 13,321 $1.2M Add +6.2%
CAT Caterpillar Inc. 0.50% 3,080 $1.1M Reduce -1.8%
WELL Welltower Inc. 0.46% 10,945 $1.0M Reduce -0.6%
VCR Vanguard Consumer Discre ETF 0.42% 2,991 $950K Reduce -1.1%
SCHD Schwab US DVD Equity ETF 0.41% 11,374 $917K Add +1.4%
VPU Vanguard Utilities ETF 0.39% 6,166 $879K Add +5.6%
MO Altria Group Inc. 0.39% 20,024 $873K Reduce -3.8%
CVX Chevron Corp. 0.38% 5,458 $861K Reduce -0.8%
NVDA Nvidia Corp. 0.38% 945 $854K Add +11.8%
VIS Vanguard Industrials ETF 0.36% 3,278 $800K Reduce -7.4%
VT Vanguard Tot World STK ETF 0.35% 7,009 $774K Reduce -4.2%
VAW Vanguard Materials ETF 0.34% 3,780 $773K Reduce -7.9%
VYM Vanguard High DVD Yield ETF 0.34% 6,321 $765K Add +0.1%
VZ Verizon Communications Inc. 0.32% 17,265 $724K Add +12.4%
ABBV Abbvie Inc. 0.32% 3,917 $713K Add +6.0%
SPLV Invesco S&P 500 Low Volatili 0.31% 10,577 $697K Reduce -8.3%
MCD McDonald's Corp. 0.31% 2,442 $689K Add +0.9%
SCHV Schwab US Large-Cap Value 0.29% 8,617 $655K Add +2.0%
KO The Coca-Cola Co. 0.29% 10,561 $646K Reduce -3.9%
T AT&T Inc. 0.29% 36,392 $640K Add +2.1%
IYH iShares U.S. Healthcare ETF 0.26% 9,476 $587K Reduce -15.8%
HDV iShares Core High Dividend E 0.26% 5,290 $583K No change
INTC Intel Corp. 0.25% 12,923 $571K Reduce -11.7%
GD General Dynamics Corp. 0.22% 1,773 $501K No change
XLP SS Consumer Staples Sel Sect 0.22% 6,480 $495K No change
CCI Crown Castle Inc. 0.21% 4,497 $476K Add +2.7%
XLK SS Technology Select Sector 0.21% 2,272 $473K No change
IXUS iShares Core Intl Stock ETF 0.21% 6,918 $469K Add +4.4%
VCLT Vanguard Long-Term Corp. Bond 0.21% 5,988 $468K Add +22.4%
DUK Duke Energy Corp. 0.21% 4,776 $462K Add +6.6%
IJR iShares Core S&P Small-Cap E 0.20% 4,111 $454K Add +0.0%
BLK BlackRock Finance Inc. 0.20% 527 $439K Add +0.2%
TT Trane Technologies PLC 0.19% 1,395 $419K No change
UPS United Parcel Service Class B 0.18% 2,769 $412K No change
SCHA Schwab US Small-Cap ETF 0.18% 8,201 $404K Reduce -2.1%
COST Costco Wholesale Corp. 0.18% 551 $404K No change
UNH Unitedhealth Group Inc. 0.18% 798 $395K Add +8.9%
SCHX Schwab US Large-Cap ETF 0.18% 6,319 $392K No change
PEP Pepsico Inc. 0.17% 2,214 $387K Add +7.4%
PM Philip Morris International 0.17% 4,183 $383K Reduce -3.0%
IVE iShares S&P 500 Value ETF 0.17% 2,000 $374K No change
ET Energy Transfer LP 0.17% 23,668 $372K Add +13.1%
IJH iShares Core S&P Midcap ETF 0.16% 6,027 $366K No change
META Meta Platforms Inc. Class A 0.16% 737 $358K Add +4.2%
SCHW Schwab (charles) Corp. 0.16% 4,862 $352K Add +6.8%
AMGN Amgen Inc. 0.16% 1,236 $351K Add +5.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 1,784 $341K Add +17.6%
IDXX Idexx Laboratories Inc. 0.15% 621 $335K Add +0.3%
AEP American Electric Power 0.15% 3,822 $329K Add +5.3%
BA The Boeing Co. 0.15% 1,697 $328K Reduce -20.7%
FTSL First Trust Senior Loan ETF 0.15% 7,067 $327K Add +0.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.14% 611 $320K Add +0.2%
COP Conocophillips 0.14% 2,450 $312K Add +10.0%
MRK Merck & Co. Inc. 0.14% 2,346 $310K Add +9.3%
PWR Quanta Services Inc. 0.14% 1,168 $303K No change
AMD Advanced Micro Devices 0.13% 1,668 $301K New
FIS Fidelity National Info Serv 0.13% 4,048 $300K No change
BX Blackstone Inc. 0.13% 2,222 $292K No change
AGG iShares Core U.S. Aggregate 0.13% 2,931 $287K Add +24.2%
GOOG Alphabet Inc. Class C 0.13% 1,872 $285K Add +8.1%
MUB iShares National Muni Bond E 0.13% 2,628 $283K Reduce -1.6%
XLY SS Consumer Disc Select Sect 0.13% 1,529 $281K No change
SCHP Schwab U.S. Tips ETF 0.12% 5,332 $278K Reduce -4.3%
ENB Enbridge Inc. 0.12% 7,418 $268K Add +8.2%
OKE Oneok Inc. 0.12% 3,318 $266K Add +1.2%
VLO Valero Energy Corp. 0.12% 1,553 $265K No change
VGIT Vanguard Intermediate-Term T 0.12% 4,512 $264K Reduce -15.8%
C Citigroup Inc. 0.12% 4,154 $263K Reduce -0.5%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.12% 1,349 $259K No change
IYK iShares US Consumer Staples 0.12% 3,826 $259K Reduce -6.2%
RTX RTX Corp. 0.12% 2,648 $258K Reduce -15.0%
CI The Cigna Group 0.12% 710 $258K No change
DES Wisdomtree US Smallcap Divid 0.11% 7,671 $251K Reduce -2.9%
ABT Abbott Laboratories 0.11% 2,188 $249K Add +0.1%
PAYX Paychex Inc. 0.11% 2,023 $248K Reduce -9.0%
WM Waste Management Inc. 0.11% 1,148 $245K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.11% 1,997 $244K New
CRM Salesforce Inc. 0.11% 808 $243K No change
IYY iShares Dow Jones U.S. ETF 0.11% 1,866 $239K No change
UNP Union Pacific Corp. 0.10% 952 $234K No change
IR Ingersoll-Rand Inc. 0.10% 2,444 $232K New
XMLV Invesco S&P Midcap Low Volat 0.10% 4,083 $230K Reduce -17.4%
IYW iShares Ustechnology ETF 0.10% 1,701 $230K No change
FDX FedEx Corp. 0.10% 792 $230K No change
PFE Pfizer Inc. 0.10% 8,267 $229K New
SCHM Schwab US Mid Cap ETF 0.10% 2,760 $225K Reduce -9.1%
SLQD iShares 0-5 YR Inv GRD Corp. 0.10% 4,514 $222K Reduce -9.3%
IWC iShares Micro-Cap ETF 0.10% 1,831 $222K Reduce -5.4%
SHY iShares 1-3 Year Treasury Bo 0.10% 2,686 $220K No change
AMAT Applied Materials Inc. 0.10% 1,049 $216K New
XLI SS Industrial Select Sector 0.10% 1,701 $214K New
SO The Southern Co. 0.10% 2,976 $213K Reduce -2.5%
VEU Vanguard Ftse All-World Ex-U 0.10% 3,630 $213K Add +0.0%
VOX Vanguard Communication Servi 0.09% 1,593 $209K New
LOW Lowe's Cos Inc. 0.09% 814 $207K New
GPC Genuine Parts Co. 0.09% 1,296 $201K New
CHI Calamos Convert Opport & Inc. 0.06% 11,336 $129K Add +1.0%

Portfolio Sells Q4 2023 → Q1 2024
TIP iShares Tips Bond ETF Reduce -7.9% 2.20% −0.41
JNJ Johnson & Johnson Reduce -1.2% 1.68% −0.16
FTSM First Trust Enh Short Mat FD Reduce -8.8% 0.75% −0.15
BA The Boeing Co. Reduce -20.7% 0.15% −0.13
PODD Insulet Corp. Sold out 0.00% −0.11
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −0.11
INTC Intel Corp. Reduce -11.7% 0.25% −0.10
VGT Vanguard Info Tech ETF Reduce -9.2% 0.92% −0.10
CSCO Cisco Systems Inc. Sold out 0.00% −0.10
LMT Lockheed Martin Corp. Reduce -5.2% 0.67% −0.10
VCIT Vanguard Int-Term Corporate Reduce -1.9% 0.70% −0.08
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.4% 3.62% −0.06
IYH iShares U.S. Healthcare ETF Reduce -15.8% 0.26% −0.05
VDC Vanguard Consumer Staple ETF Reduce -4.1% 0.72% −0.05
SPLV Invesco S&P 500 Low Volatili Reduce -8.3% 0.31% −0.04
DIA SS SPDR Dow Jones Indus Avg Reduce -1.1% 0.84% −0.04
VGIT Vanguard Intermediate-Term T Reduce -15.8% 0.12% −0.04
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -7.2% 0.57% −0.04
VAW Vanguard Materials ETF Reduce -7.9% 0.34% −0.03
MGV Vngrd Mrgstr MG CP VL ETF-Ui Reduce -1.9% 1.68% −0.03
KO The Coca-Cola Co. Reduce -3.9% 0.29% −0.03
WELL Welltower Inc. Reduce -0.6% 0.46% −0.03
PM Philip Morris International Reduce -3.0% 0.17% −0.03
XMLV Invesco S&P Midcap Low Volat Reduce -17.4% 0.10% −0.03
VCR Vanguard Consumer Discre ETF Reduce -1.1% 0.42% −0.02
VIS Vanguard Industrials ETF Reduce -7.4% 0.36% −0.02
VT Vanguard Tot World STK ETF Reduce -4.2% 0.35% −0.02
SLQD iShares 0-5 YR Inv GRD Corp. Reduce -9.3% 0.10% −0.02
MO Altria Group Inc. Reduce -3.8% 0.39% −0.02
PAYX Paychex Inc. Reduce -9.0% 0.11% −0.02
SCHP Schwab U.S. Tips ETF Reduce -4.3% 0.12% −0.02
QDF NT Qual Div ETF Reduce -0.4% 0.68% −0.02
CVX Chevron Corp. Reduce -0.8% 0.38% −0.01
MUB iShares National Muni Bond E Reduce -1.6% 0.13% −0.01
VDE Vanguard Energy ETF Reduce -4.6% 0.81% −0.01
SCHA Schwab US Small-Cap ETF Reduce -2.1% 0.18% −0.01
RTX RTX Corp. Reduce -15.0% 0.12% −0.01
DES Wisdomtree US Smallcap Divid Reduce -2.9% 0.11% −0.01
IYK iShares US Consumer Staples Reduce -6.2% 0.12% −0.01
SCHB Schwab US Broad Market ETF Reduce -2.1% 0.73% −0.01
SCHM Schwab US Mid Cap ETF Reduce -9.1% 0.10% −0.01
IWC iShares Micro-Cap ETF Reduce -5.4% 0.10% −0.01
SO The Southern Co. Reduce -2.5% 0.10% −0.01
WMT Walmart Inc. Reduce -3.3% 0.72% +0.01
C Citigroup Inc. Reduce -0.5% 0.12% +0.01
VFH Vanguard Financials ETF Reduce -0.0% 0.92% +0.02
MGC Vngrd Mrngstr MG Cap ETF-Usd Reduce -0.0% 3.24% +0.04
CAT Caterpillar Inc. Reduce -1.8% 0.50% +0.05
MSFT Microsoft Corp. Reduce -0.1% 2.92% +0.07

Portfolio Buys Q4 2023 → Q1 2024
VUG Vanguard Mrngstar GR ETF-Sui Add +6.2% 7.22% +0.52
NVDA Nvidia Corp. Add +11.8% 0.38% +0.18
AMZN Amazon.com Inc. Add +6.6% 1.28% +0.18
BRK.B Berkshire Hathaway Inc. Class B Add +5.0% 1.40% +0.17
AMD Advanced Micro Devices New 0.13% +0.13
VTI VG Morningstar TS MKT ETF-US Add +7.3% 1.80% +0.13
LLY Eli Lilly & Co. Add +2.4% 0.61% +0.12
IVV iShares Core S&P 500 ETF Add +0.6% 7.32% +0.11
WM Waste Management Inc. New 0.11% +0.11
DIS The Walt Disney Co. New 0.11% +0.11
VHT Vanguard Health Care ETF Add +5.3% 2.57% +0.10
IR Ingersoll-Rand Inc. New 0.10% +0.10
PFE Pfizer Inc. New 0.10% +0.10
AMAT Applied Materials Inc. New 0.10% +0.10
XLI SS Industrial Select Sector New 0.10% +0.10
VOX Vanguard Communication Servi New 0.09% +0.09
LOW Lowe's Cos Inc. New 0.09% +0.09
JPM JPMorgan Chase & Co. Add +8.2% 0.62% +0.09
GPC Genuine Parts Co. New 0.09% +0.09
XOM Exxon Mobil Corp. Add +2.8% 0.90% +0.08
GOOGL Alphabet Inc. Class A Add +5.4% 1.36% +0.06
BND Vanguard Total Bond Market Add +18.6% 0.82% +0.06
SCHG Schwab US Large-Cap Growth Add +6.2% 0.55% +0.04
V Visa Inc. Class A Add +6.3% 1.05% +0.04
VZ Verizon Communications Inc. Add +12.4% 0.32% +0.04
ABBV Abbvie Inc. Add +6.0% 0.32% +0.04
PG The Procter & Gamble Co. Add +0.3% 2.12% +0.04
META Meta Platforms Inc. Class A Add +4.2% 0.16% +0.04
IBM Intl Business Machines Corp. Add +17.6% 0.15% +0.03
ET Energy Transfer LP Add +13.1% 0.17% +0.03
MRK Merck & Co. Inc. Add +9.3% 0.14% +0.02
VCLT Vanguard Long-Term Corp. Bond Add +22.4% 0.21% +0.02
AGG iShares Core U.S. Aggregate Add +24.2% 0.13% +0.01
COP Conocophillips Add +10.0% 0.14% +0.01
IHI iShares U.S. Medical Devices Add +1.3% 1.06% +0.01
GOOG Alphabet Inc. Class C Add +8.1% 0.13% +0.01
OKE Oneok Inc. Add +1.2% 0.12% +0.01
SCHW Schwab (charles) Corp. Add +6.8% 0.16% +0.00
SCHV Schwab US Large-Cap Value Add +2.0% 0.29% +0.00
AEP American Electric Power Add +5.3% 0.15% +0.00
VPU Vanguard Utilities ETF Add +5.6% 0.39% +0.00
PEP Pepsico Inc. Add +7.4% 0.17% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 0.14% +0.00
CHI Calamos Convert Opport & Inc. Add +1.0% 0.06% +0.00
IXUS iShares Core Intl Stock ETF Add +4.4% 0.21% +0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +1.5% 3.82% −0.00
ENB Enbridge Inc. Add +8.2% 0.12% −0.00
VYM Vanguard High DVD Yield ETF Add +0.1% 0.34% −0.00
VEU Vanguard Ftse All-World Ex-U Add +0.0% 0.10% −0.00
T AT&T Inc. Add +2.1% 0.29% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2024 132$263.6MVIG, VUG, IVV, VB, AAPL
Q3 2024 141$253.3MVIG, VUG, IVV, VB, AAPL
Q2 2024 133$231.8MVIG, VUG, IVV, VB, AAPL
Q1 2024 136$224.0MVIG, IVV, VUG, VB, VO