0001608057-23-000004.txt : 20230512 0001608057-23-000004.hdr.sgml : 20230512 20230512115805 ACCESSION NUMBER: 0001608057-23-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230512 DATE AS OF CHANGE: 20230512 EFFECTIVENESS DATE: 20230512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Curbstone Financial Management Corp CENTRAL INDEX KEY: 0001608057 IRS NUMBER: 020367417 STATE OF INCORPORATION: NH FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-16150 FILM NUMBER: 23914182 BUSINESS ADDRESS: STREET 1: 741 CHESTNUT STREET CITY: MANCHESTER STATE: NH ZIP: 03104 BUSINESS PHONE: 603-624-8462 MAIL ADDRESS: STREET 1: 741 CHESTNUT STREET CITY: MANCHESTER STATE: NH ZIP: 03104 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001608057 XXXXXXXX 03-31-2023 03-31-2023 Curbstone Financial Management Corp

741 CHESTNUT STREET MANCHESTER NH 03104

13F HOLDINGS REPORT 028-16150 000013348 801-67354 N Thomas M. Lewry 6036248462 Thomas M. Lewry MANCHESTER NH 05-12-2023 0 177 410973225 false INFORMATION TABLE 2 033123.xml Barings Corporate Investors (M BDFUND 06759X107 5485049 387636 SH SOLE 193818 0 193818 Barings Participation Inv (MPV BDFUND 06761A103 918318 71616 SH SOLE 35808 0 35808 IShares 0-5 Year Tips ETF (STI BDFUND 46429B747 3169406 31940 SH SOLE 15970 0 15970 IShares Dec 2023 Muni Bond ETF BDFUND 46435G318 1061702 41750 SH SOLE 20875 0 20875 IShares Muni Bond 2024 ETF (IB BDFUND 46435U697 769632 29750 SH SOLE 14875 0 14875 Invesco Bulletshares 2023 Corp BDFUND 46138J866 4393241 208408 SH SOLE 104204 0 104204 Invesco Bulletshares 2024 Corp BDFUND 46138J841 4544213 220700 SH SOLE 110350 0 110350 Invesco Bulletshares 2025 Corp BDFUND 46138J825 1120064 55230 SH SOLE 27615 0 27615 SPDR Int Corporate Bond ETF (S BDFUND 78464A375 416522 12820 SH SOLE 6410 0 6410 SPDR Inv't Grade Floating Rate BDFUND 78468R200 14867003 488564 SH SOLE 244282 0 244282 SPDR Nuveen Barclays Shrt Term BDFUND 78468R739 1188750 25000 SH SOLE 12500 0 12500 Schwab Aggregate Bond ETF (SCH BDFUND 808524839 2284517 48700 SH SOLE 24350 0 24350 Schwab US Tips ETF (SCHP) BDFUND 808524870 5902461 110100 SH SOLE 55050 0 55050 VanEck Vectors Shrt Mun ETF (S BDFUND 92189F528 714000 42000 SH SOLE 21000 0 21000 Vanguard Intermediate Corp Bon BDFUND 92206C870 9035981 112640 SH SOLE 56320 0 56320 Vanguard ST Corp Bond ETF (VCS BDFUND 92206C409 20750111 272204 SH SOLE 136102 0 136102 Vanguard Tax-Exempt Bond Index BDFUND 922907746 678844 13400 SH SOLE 6700 0 6700 iShares 1-5 yr Inv Grade Corp BDFUND 464288646 6794598 134440 SH SOLE 67220 0 67220 iShares National Muni Bond (MU BDFUND 464288414 5921390 54960 SH SOLE 27480 0 27480 iShares Short Term Nat'l Muni BDFUND 464288158 4318050 41250 SH SOLE 20625 0 20625 iShares TIPS Bond Fund (TIP) BDFUND 464287176 5705246 51748 SH SOLE 25874 0 25874 Healthpeak Prop (PEAK) REIT 42250P103 725010 33000 SH SOLE 16500 0 16500 Schwab REIT ETF (SCHH) REIT 808524847 1033500 53000 SH SOLE 26500 0 26500 Vanguard REIT Index ETF (VNQ) REIT 922908553 1027205 12370 SH SOLE 6185 0 6185 Weyerhauser (WY) REIT 962166104 2302836 76430 SH SOLE 38215 0 38215 3M Company (MMM) COM 88579Y101 716640 6818 SH SOLE 3409 0 3409 A F L A C Inc. (AFL) COM 001055102 985220 15270 SH SOLE 7635 0 7635 AT&T Inc. (T) COM 00206R102 799337 41524 SH SOLE 20762 0 20762 Abbott Laboratories (ABT) COM 002824100 2801459 27666 SH SOLE 13833 0 13833 Abbvie Inc (ABBV) COM 00287Y109 1882878 11815 SH SOLE 5907 0 5907 Accenture PLC (ACN) COM G1151C101 560188 1960 SH SOLE 980 0 980 Advanced Micro Devices Inc (AM COM 007903107 961132 9806 SH SOLE 4903 0 4903 Aerovironment (AVAV) COM 008073108 787359 8590 SH SOLE 4295 0 4295 Air Prod & Chemicals (APD) COM 009158106 512957 1786 SH SOLE 893 0 893 Alphabet Class A (GOOGL) COM 02079K305 848473 8180 SH SOLE 4090 0 4090 Alphabet Class C (GOOG) COM 02079K107 5414947 52067 SH SOLE 26033 0 26033 Amazon Com Inc (AMZN) COM 023135106 4316292 41788 SH SOLE 20894 0 20894 Amcor PLC ADR (AMCR) COM Q03080100 794529 69818 SH SOLE 34909 0 34909 Amgen Incorporated (AMGN) COM 031162100 486401 2012 SH SOLE 1006 0 1006 Apple Computer (AAPL) COM 037833100 13025525 78990 SH SOLE 39495 0 39495 Auto Data Processing (ADP) COM 053015103 1124281 5050 SH SOLE 2525 0 2525 Autodesk Inc. (ADSK) COM 052769106 1990010 9560 SH SOLE 4780 0 4780 BWX Technologies (BWXT) COM 05605H100 671376 10650 SH SOLE 5325 0 5325 Bank of America Corp. (BAC) COM 060505104 650421 22742 SH SOLE 11371 0 11371 Bank of Montreal (BMO) COM 063671101 1259481 14134 SH SOLE 7067 0 7067 Bank of New York (BK) COM 064058100 508928 11200 SH SOLE 5600 0 5600 Becton Dickinson (BDX) COM 075887109 472306 1908 SH SOLE 954 0 954 Berkshire Hathaway Cl B (BRKB) COM 084670702 3219854 10428 SH SOLE 5214 0 5214 Boeing Company (BA) COM 097023105 600327 2826 SH SOLE 1413 0 1413 Bristol-Myers Squibb (BMY) COM 110122108 1464936 21136 SH SOLE 10568 0 10568 CSG Systems Int'l (CSGS) COM 126349109 1018689 18970 SH SOLE 9485 0 9485 CVS Health Corp. (CVS) COM 126650100 1960744 26386 SH SOLE 13193 0 13193 Carrier Global Corp (CARR) COM 14448C104 1075948 23518 SH SOLE 11759 0 11759 Celanese (CE) COM 150870103 1326716 12184 SH SOLE 6092 0 6092 Check Point Software Tech (CHK COM M22465104 2239640 17228 SH SOLE 8614 0 8614 Chevron Corp (CVX) COM 166764100 2405957 14746 SH SOLE 7373 0 7373 Chewy (CHWY) COM 16679L109 1048883 28060 SH SOLE 14030 0 14030 Cisco Systems Inc. (CSCO) COM 17275R102 4211274 80560 SH SOLE 40280 0 40280 Coca Cola Company (KO) COM 191216100 1796265 28958 SH SOLE 14479 0 14479 Colgate-Palmolive Co. (CL) COM 194162103 1123342 14948 SH SOLE 7474 0 7474 Comcast Corp NEW CL A (CMCSA) COM 20030N101 1704813 44970 SH SOLE 22485 0 22485 Concentrix Corp (CNXC) COM 20602D101 559130 4600 SH SOLE 2300 0 2300 Constellation Brands (STZ) COM 21036P108 414282 1834 SH SOLE 917 0 917 Danaher Corp (DHR) COM 235851102 934060 3706 SH SOLE 1853 0 1853 Deere Co (DE) COM 244199105 568949 1378 SH SOLE 689 0 689 Disney Walt Hldg. Co. (DIS) COM 254687106 2524277 25210 SH SOLE 12605 0 12605 ETFMG Prime Cyber Security ETF COM 26924G201 1255275 26250 SH SOLE 13125 0 13125 Eaton Corporation (ETN) COM G29183103 451652 2636 SH SOLE 1318 0 1318 Emerson Elec Co (EMR) COM 291011104 434131 4982 SH SOLE 2491 0 2491 Exact Sciences (EXAS) COM 30063P105 1029356 15180 SH SOLE 7590 0 7590 Exxon Mobil (XOM) COM 30231G102 4926585 44926 SH SOLE 22463 0 22463 Fastenal Company (FAST) COM 311900104 851281 15782 SH SOLE 7891 0 7891 General Electric Company (GE) COM 369604103 520829 5448 SH SOLE 2724 0 2724 General Mills, Inc. (GIS) COM 370334104 742135 8684 SH SOLE 4342 0 4342 General Motors New (GM) COM 37045V100 513300 13994 SH SOLE 6997 0 6997 Gilead Sciences Inc. (GILD) COM 375558103 473759 5710 SH SOLE 2855 0 2855 Globalstar Inc. (GSAT) COM 378973408 441264 380400 SH SOLE 190200 0 190200 Graco Inc (GGG) COM 384109104 459963 6300 SH SOLE 3150 0 3150 Hamilton Beach Brands Cl A (HB COM 40701T104 692695 67646 SH SOLE 33823 0 33823 Hamilton Beach Brands Cl B Res COM 40701T203 810505 69452 SH SOLE 34726 0 34726 Hologic Inc (HOLX) COM 436440101 1742797 21596 SH SOLE 10798 0 10798 Home Depot Inc. (HD) COM 437076102 2260029 7658 SH SOLE 3829 0 3829 Honeywell International (HON) COM 438516106 1835516 9604 SH SOLE 4802 0 4802 Hormel Foods (HRL) COM 440452100 1104722 27701 SH SOLE 13851 0 13851 Hyster-Yale Materials Handling COM 449172105 2923255 58594 SH SOLE 29297 0 29297 Illinois Tool Works Inc (ITW) COM 452308109 1239160 5090 SH SOLE 2545 0 2545 Intel Corp. (INTC) COM 458140100 2359279 72215 SH SOLE 36108 0 36108 Inter Parfums (IPAR) COM 458334109 452323 3180 SH SOLE 1590 0 1590 Invesco Water Resource Port (P COM 46137V142 1440450 27000 SH SOLE 13500 0 13500 J P Morgan Chase & Co (JPM) COM 46625H100 3153241 24198 SH SOLE 12099 0 12099 J.M. Smuckers Co (SJM) COM 832696405 2097427 13328 SH SOLE 6664 0 6664 Johnson & Johnson (JNJ) COM 478160104 4348058 28052 SH SOLE 14026 0 14026 Kohlberg Kravis & Co (KKR) COM 48251W104 2549741 48548 SH SOLE 24274 0 24274 Korn Ferry International (KFY) COM 500643200 504465 9750 SH SOLE 4875 0 4875 Landstar System (LSTR) COM 515098101 725286 4046 SH SOLE 2023 0 2023 LeMaitre Vascular (LMAT) COM 525558201 494112 9600 SH SOLE 4800 0 4800 Lilly Eli & Company (LLY) COM 532457108 2763157 8046 SH SOLE 4023 0 4023 Linde PLC (LIN) COM G54950103 418708 1178 SH SOLE 589 0 589 Lowes Companies Inc. (LOW) COM 548661107 634705 3174 SH SOLE 1587 0 1587 McDonalds Corp (MCD) COM 580135101 1495913 5350 SH SOLE 2675 0 2675 Merck & Co Inc. (MRK) COM 589331107 2828485 26586 SH SOLE 13293 0 13293 Microsoft Corp. (MSFT) COM 594918104 7257655 25174 SH SOLE 12587 0 12587 Mondelez (MDLZ) COM 609207105 447602 6420 SH SOLE 3210 0 3210 Morgan Stanley (MS) COM 617446448 485710 5532 SH SOLE 2766 0 2766 Nacco Inds Inc CL A (NC) COM 629579103 929740 25776 SH SOLE 12888 0 12888 NextEra Energy (NEE) COM 65339F101 1836046 23820 SH SOLE 11910 0 11910 Norfolk Southern Cop (NSC) COM 655844108 493536 2328 SH SOLE 1164 0 1164 Oracle Corp. (ORCL) COM 68389X105 1277650 13750 SH SOLE 6875 0 6875 Otis Worldwide (OTIS) COM 68902V107 588099 6968 SH SOLE 3484 0 3484 PepsiCo Inc. (PEP) COM 713448108 4564750 25040 SH SOLE 12520 0 12520 Pfizer Inc (PFE) COM 717081103 2455859 60193 SH SOLE 30096 0 30096 Phillips 66 (PSX) COM 718546104 1690613 16676 SH SOLE 8338 0 8338 Procter & Gamble (PG) COM 742718109 3293186 22148 SH SOLE 11074 0 11074 ROBO Gbl Robotics & Auto'n ETF COM 301505707 1163347 21260 SH SOLE 10630 0 10630 Raytheon Technologies (RTX) COM 75513E101 2536387 25900 SH SOLE 12950 0 12950 Regions Financial Corp (RF) COM 7591EP100 471424 25400 SH SOLE 12700 0 12700 SYNNEX Corp (SNX) COM 87162W100 561382 5800 SH SOLE 2900 0 2900 Salesforce.com (CRM) COM 79466L302 750374 3756 SH SOLE 1878 0 1878 Scotts Company (SMG) COM 810186106 404492 5800 SH SOLE 2900 0 2900 Smith & Nephew (SNN) COM 83175M205 767525 27500 SH SOLE 13750 0 13750 Sonoco Products (SON) COM 835495102 1680550 27550 SH SOLE 13775 0 13775 Southwest Airlines (LUV) COM 844741108 720761 22150 SH SOLE 11075 0 11075 Sprouts Farmers Markets (SFM) COM 85208M102 589905 16840 SH SOLE 8420 0 8420 Standard Motor Products (SMP) COM 853666105 540805 14652 SH SOLE 7326 0 7326 Starbucks Corp. (SBUX) COM 855244109 1257266 12074 SH SOLE 6037 0 6037 State Street Corp (STT) COM 857477103 692563 9150 SH SOLE 4575 0 4575 Stryker Corp. (SYK) COM 863667101 710249 2488 SH SOLE 1244 0 1244 Sysco Corp. (SYY) COM 871829107 2396601 31032 SH SOLE 15516 0 15516 T Rowe Price Group (TROW) COM 74144T108 674013 5970 SH SOLE 2985 0 2985 TJX Cos Inc (TJX) COM 872540109 3830394 48882 SH SOLE 24441 0 24441 Taiwan Semiconductor ADRF Spon COM 874039100 1181354 12700 SH SOLE 6350 0 6350 Target Corporation (TGT) COM 87612E106 1936901 11694 SH SOLE 5847 0 5847 Texas Instruments Inc (TXN) COM 882508104 938978 5048 SH SOLE 2524 0 2524 The Blackstone Group (BX) COM 09260D107 498931 5680 SH SOLE 2840 0 2840 The Trade Desk Inc (TTD) COM 88339J105 895377 14700 SH SOLE 7350 0 7350 Trex Inc (TREX) COM 89531P105 1445499 29700 SH SOLE 14850 0 14850 US Bancorp (USB) COM 902973304 1705886 47320 SH SOLE 23660 0 23660 Ulta Beauty (ULTA) COM 903845303 2051719 3760 SH SOLE 1880 0 1880 Unilever PLC ADR New F (UL) COM 904767704 899843 17328 SH SOLE 8664 0 8664 Union Pacific Corp. (UNP) COM 907818108 653692 3248 SH SOLE 1624 0 1624 United Parcel Service Cl B (UP COM 911312106 723971 3732 SH SOLE 1866 0 1866 Unitedhealth Group Inc. (UNH) COM 91324P102 566163 1198 SH SOLE 599 0 599 Verisk Analytics (VRSK) COM 92345Y106 1968484 10260 SH SOLE 5130 0 5130 Verizon Communications (VZ) COM 92343V104 1721583 44268 SH SOLE 22134 0 22134 Visa Inc (V) COM 92826C839 2546796 11296 SH SOLE 5648 0 5648 WD 40 Co (WDFC) COM 929236107 1217150 6836 SH SOLE 3418 0 3418 WalMart Inc. (WMT) COM 931142103 754649 5118 SH SOLE 2559 0 2559 Zimmer Biomet Holdings Inc. (Z COM 98956P102 526619 4076 SH SOLE 2038 0 2038 Zoetis Inc (ZTS) COM 98978V103 1920718 11540 SH SOLE 5770 0 5770 IShares S&P 100 Index (OEF) ETF 464287101 909014 4860 SH SOLE 2430 0 2430 Invesco S&P 500 Equal Weighted ETF 46137V357 4899322 33877 SH SOLE 16939 0 16939 Invesco S&P 500 Low Vol ETF (S ETF 46138E354 653952 10480 SH SOLE 5240 0 5240 Invesco SP500 Hi Div Low Vol ( ETF 46138E362 671139 15900 SH SOLE 7950 0 7950 SPDR S&P Dividend ETF (SDY) ETF 78464A763 909268 7350 SH SOLE 3675 0 3675 SPDR S&P Midcap 400 (MDY) ETF 78467Y107 14381305 31372 SH SOLE 15686 0 15686 SPDR Trust S&P 500 (SPY) ETF 78462F103 1206473 2947 SH SOLE 1474 0 1474 Schwab Large Cap Growth ETF (S ETF 808524300 9888288 151731 SH SOLE 75865 0 75865 Schwab Large Cap US ETF (SCHX) ETF 808524201 3813491 78840 SH SOLE 39420 0 39420 Schwab US Broad Market ETF (SC ETF 808524102 6749625 141058 SH SOLE 70529 0 70529 Schwab US Dividend Equity (SCH ETF 808524797 6709796 91714 SH SOLE 45857 0 45857 Schwab US Mid Cap ETF (SCHM) ETF 808524508 12394159 182670 SH SOLE 91335 0 91335 Schwab US Small Cap ETF (SCHA) ETF 808524607 7543291 179902 SH SOLE 89951 0 89951 Vanguard Extended Market Index ETF 922908652 1790354 12770 SH SOLE 6385 0 6385 Vanguard High Dividend Yield E ETF 921946406 448375 4250 SH SOLE 2125 0 2125 Vanguard Mid Cap ETF (VO) ETF 922908629 833134 3950 SH SOLE 1975 0 1975 Vanguard S&P 500 ETF (VOO) ETF 922908363 10751706 28590 SH SOLE 14295 0 14295 Vanguard Small Cap Growth (VBK ETF 922908595 2845791 13150 SH SOLE 6575 0 6575 iShares S&P US Preferred Stock ETF 464288687 4301492 137780 SH SOLE 68890 0 68890 IShares S&P Global 100 ETF (IO ETF 464287572 1462853 20880 SH SOLE 10440 0 10440 Ishares Int'l Select Dividend ETF 464288448 613302 22310 SH SOLE 11155 0 11155 Ishares MSCI Ireland ETF (EIRL ETF 46429B507 696633 12690 SH SOLE 6345 0 6345 SPDR International Dividend ET ETF 78463X772 414034 12078 SH SOLE 6039 0 6039 Schwab Emerging Markets ETF (S ETF 808524706 2246032 91600 SH SOLE 45800 0 45800 Schwab International Equity ET ETF 808524805 13131780 377350 SH SOLE 188675 0 188675 Vanguard Total World Stock Mar ETF 922042742 435586 4730 SH SOLE 2365 0 2365 iShares MSCI Canada Index Fund ETF 464286509 505180 14780 SH SOLE 7390 0 7390 iShares TR MSCI EAFE Fd (EFA) ETF 464287465 2675619 37411 SH SOLE 18705 0 18705