Gray Wealth Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ALPHABET INC	CAP STK CL A	02079K305	643	555	SH		SOLE		555	0	0
ALTRIA GROUP INC	COM	02209S103	540	13,946	SH		SOLE		13,946	0	0
AMAZON COM INC	COM	023135106	723	370	SH		SOLE		370	0	0
APPLE INC	COM	037833100	2,261	8,891	SH		SOLE		8,891	0	0
AT&T INC	COM	00206R102	448	15,333	SH		SOLE		15,333	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	584	3,207	SH		SOLE		3,207	0	0
CATERPILLAR INC DEL	COM	149123101	265	2,289	SH		SOLE		2,289	0	0
CHEVRON CORP NEW	COM	166764100	430	5,914	SH		SOLE		5,914	0	0
CIGNA CORP NEW	COM	125523100	221	1,248	SH		SOLE		1,248	0	0
CLOROX CO DEL	COM	189054109	315	1,823	SH		SOLE		1,823	0	0
COCA COLA CO	COM	191216100	273	6,168	SH		SOLE		6,168	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	612	4,244	SH		SOLE		4,244	0	0
DISNEY WALT CO	COM DISNEY	254687106	453	4,683	SH		SOLE		4,683	0	0
EXXON MOBIL CORP	COM	30231G102	237	6,278	SH		SOLE		6,278	0	0
FLEXSHARES TR	QUALT DIVD IDX	33939L860	319	8,885	SH		SOLE		8,885	0	0
INTEL CORP	COM	458140100	786	14,506	SH		SOLE		14,506	0	0
INVESCO EXCHANGE-TRADED FD T	S&P500 LOW VOL	46138E354	1,281	27,348	SH		SOLE		27,348	0	0
INVESCO EXCHANGE-TRADED FD T	S&P MIDCP LOW	46138E198	274	6,906	SH		SOLE		6,906	0	0
INVESCO EXCHANGE-TRADED FD T	NATL AMT MUNI	46138E537	770	29,832	SH		SOLE		29,832	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	1,962	10,314	SH		SOLE		10,314	0	0
ISHARES TR	NATIONAL MUN ETF	464288414	430	3,814	SH		SOLE		3,814	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	202	3,603	SH		SOLE		3,603	0	0
ISHARES TR	US HLTHCARE ETF	464287762	453	2,406	SH		SOLE		2,406	0	0
ISHARES TR	TIPS BD ETF	464287176	2,708	22,992	SH		SOLE		22,992	0	0
ISHARES TR	CORE HIGH DV ETF	46429B663	442	6,173	SH		SOLE		6,173	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	252	1,739	SH		SOLE		1,739	0	0
ISHARES TR	CORE S&P500 ETF	464287200	6,292	24,349	SH		SOLE		24,349	0	0
ISHARES TR	U.S. MED DVC ETF	464288810	1,179	5,221	SH		SOLE		5,221	0	0
JOHNSON & JOHNSON	COM	478160104	2,252	17,188	SH		SOLE		17,188	0	0
JPMORGAN CHASE & CO	COM	46625H100	320	3,555	SH		SOLE		3,555	0	0
LOCKHEED MARTIN CORP	COM	539830109	272	808	SH		SOLE		808	0	0
MCDONALDS CORP	COM	580135101	304	1,835	SH		SOLE		1,835	0	0
MICROSOFT CORP	COM	594918104	1,607	10,178	SH		SOLE		10,178	0	0
PEPSICO INC	COM	713448108	269	2,245	SH		SOLE		2,245	0	0
PHILIP MORRIS INTL INC	COM	718172109	221	3,038	SH		SOLE		3,038	0	0
PIMCO ETF TR	SHTRM MUN BD ACT	72201R874	251	4,961	SH		SOLE		4,961	0	0
PROCTER & GAMBLE CO	COM	742718109	2,432	21,991	SH		SOLE		21,991	0	0
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	758	12,570	SH		SOLE		12,570	0	0
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	379	4,762	SH		SOLE		4,762	0	0
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	288	4,673	SH		SOLE		4,673	0	0
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	457	10,193	SH		SOLE		10,193	0	0
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	240	4,172	SH		SOLE		4,172	0	0
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	265	5,158	SH		SOLE		5,158	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	319	5,845	SH		SOLE		5,845	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	360	4,524	SH		SOLE		4,524	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	219	2,368	SH		SOLE		2,368	0	0
VANECK VECTORS ETF TR	AMT FREE SHORT M	92189F528	174	10,000	SH		SOLE		10,000	0	0
VANECK VECTORS ETF TR	SHORT HIGH YIELD	92189F387	416	18,426	SH		SOLE		18,426	0	0
VANECK VECTORS ETF TR	HIGH YLD MUN ETF	92189H409	377	7,212	SH		SOLE		7,212	0	0
VANECK VECTORS ETF TR	AMT FREE INT ETF	92189H201	382	7,738	SH		SOLE		7,738	0	0
VANGUARD BD INDEX FDS	TOTAL BND MRKT	921937835	353	4,150	SH		SOLE		4,150	0	0
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	253	3,657	SH		SOLE		3,657	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	1,310	10,161	SH		SOLE		10,161	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	3,193	27,649	SH		SOLE		27,649	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	5,604	35,793	SH		SOLE		35,793	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	2,150	24,218	SH		SOLE		24,218	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	3,464	26,253	SH		SOLE		26,253	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	254	6,158	SH		SOLE		6,158	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	664	10,595	SH		SOLE		10,595	0	0
VANGUARD SCOTTSDALE FDS	SHORT TERM TREAS	92206C102	270	4,357	SH		SOLE		4,357	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	5,915	74,653	SH		SOLE		74,653	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	1,440	16,555	SH		SOLE		16,555	0	0
VANGUARD SPECIALIZED FUNDS	DIV APP ETF	921908844	11,514	111,364	SH		SOLE		111,364	0	0
VANGUARD WHITEHALL FDS	HIGH DIV YLD	921946406	636	9,003	SH		SOLE		9,003	0	0
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	711	5,601	SH		SOLE		5,601	0	0
VANGUARD WORLD FD	MEGA CAP VAL ETF	921910840	678	10,176	SH		SOLE		10,176	0	0
VANGUARD WORLD FD	MEGA CAP INDEX	921910873	3,359	36,957	SH		SOLE		36,957	0	0
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	2,528	15,255	SH		SOLE		15,255	0	0
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	718	5,212	SH		SOLE		5,212	0	0
VANGUARD WORLD FDS	CONSUM DIS ETF	92204A108	488	3,361	SH		SOLE		3,361	0	0
VANGUARD WORLD FDS	ENERGY ETF	92204A306	336	8,671	SH		SOLE		8,671	0	0
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	1,126	22,289	SH		SOLE		22,289	0	0
VANGUARD WORLD FDS	INDUSTRIAL ETF	92204A603	417	3,761	SH		SOLE		3,761	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	1,113	5,257	SH		SOLE		5,257	0	0
VANGUARD WORLD FDS	MATERIALS ETF	92204A801	298	3,093	SH		SOLE		3,093	0	0
VANGUARD WORLD FDS	UTILITIES ETF	92204A876	563	4,613	SH		SOLE		4,613	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	1,220	22,751	SH		SOLE		22,751	0	0
VISA INC	COM CL A	92826C839	1,134	7,055	SH		SOLE		7,055	0	0
WALMART INC	COM	931142103	594	5,209	SH		SOLE		5,209	0	0
WELLTOWER INC	COM	95040Q104	665	14,444	SH		SOLE		14,444	0	0
WISDOMTREE TR	US SMALLCAP DIVD	97717W604	203	11,258	SH		SOLE		11,258	0	0