0001608057-23-000006.txt : 20230705 0001608057-23-000006.hdr.sgml : 20230705 20230705112350 ACCESSION NUMBER: 0001608057-23-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230630 FILED AS OF DATE: 20230705 DATE AS OF CHANGE: 20230705 EFFECTIVENESS DATE: 20230705 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: 231067196 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 06-30-2023 06-30-2023 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 07-05-2023 0 179 419509480 false INFORMATION TABLE 2 063023.xml Barings Corporate Investors (M BDFUND 06759X107 5540356 371836 SH SOLE 185918 0 185918 Barings Participation Inv (MPV BDFUND 06761A103 653453 50616 SH SOLE 25308 0 25308 IShares 0-5 Year Tips ETF (STI BDFUND 46429B747 2726944 27940 SH SOLE 13970 0 13970 IShares Dec 2023 Muni Bond ETF BDFUND 46435G318 1064207 41750 SH SOLE 20875 0 20875 IShares Muni Bond 2024 ETF (IB BDFUND 46435U697 766360 29750 SH SOLE 14875 0 14875 Invesco Bulletshares 2023 Corp BDFUND 46138J866 3754669 177358 SH SOLE 88679 0 88679 Invesco Bulletshares 2024 Corp BDFUND 46138J841 4339241 210950 SH SOLE 105475 0 105475 Invesco Bulletshares 2025 Corp BDFUND 46138J825 1111780 55230 SH SOLE 27615 0 27615 SPDR Int Corporate Bond ETF (S BDFUND 78464A375 411650 12820 SH SOLE 6410 0 6410 SPDR Inv't Grade Floating Rate BDFUND 78468R200 14822165 482964 SH SOLE 241482 0 241482 SPDR Nuveen Barclays Shrt Term BDFUND 78468R739 1176250 25000 SH SOLE 12500 0 12500 Schwab Aggregate Bond ETF (SCH BDFUND 808524839 2213372 47950 SH SOLE 23975 0 23975 Schwab US Tips ETF (SCHP) BDFUND 808524870 5232514 99800 SH SOLE 49900 0 49900 VanEck Vectors Shrt Mun ETF (S BDFUND 92189F528 707070 42000 SH SOLE 21000 0 21000 Vanguard Intermediate Corp Bon BDFUND 92206C870 8242039 104290 SH SOLE 52145 0 52145 Vanguard ST Corp Bond ETF (VCS BDFUND 92206C409 19395744 256354 SH SOLE 128177 0 128177 Vanguard Tax-Exempt Bond Index BDFUND 922907746 580041 11550 SH SOLE 5775 0 5775 iShares 1-5 yr Inv Grade Corp BDFUND 464288646 6299345 125560 SH SOLE 62780 0 62780 iShares National Muni Bond (MU BDFUND 464288414 5828525 54610 SH SOLE 27305 0 27305 iShares Short Term Nat'l Muni BDFUND 464288158 4291650 41250 SH SOLE 20625 0 20625 iShares TIPS Bond Fund (TIP) BDFUND 464287176 5569148 51748 SH SOLE 25874 0 25874 Healthpeak Prop (PEAK) REIT 42250P103 581895 28950 SH SOLE 14475 0 14475 Schwab REIT ETF (SCHH) REIT 808524847 1035090 53000 SH SOLE 26500 0 26500 Vanguard REIT Index ETF (VNQ) REIT 922908553 916653 10970 SH SOLE 5485 0 5485 Weyerhauser (WY) REIT 962166104 2480075 74010 SH SOLE 37005 0 37005 3M Company (MMM) COM 88579Y101 672405 6718 SH SOLE 3359 0 3359 A F L A C Inc. (AFL) COM 001055102 1065846 15270 SH SOLE 7635 0 7635 AT&T Inc. (T) COM 00206R102 654333 41024 SH SOLE 20512 0 20512 Abbott Laboratories (ABT) COM 002824100 2922390 26806 SH SOLE 13403 0 13403 Abbvie Inc (ABBV) COM 00287Y109 1558086 11565 SH SOLE 5782 0 5782 Accenture PLC (ACN) COM G1151C101 604817 1960 SH SOLE 980 0 980 Advanced Micro Devices Inc (AM COM 007903107 1117055 9806 SH SOLE 4903 0 4903 Aerovironment (AVAV) COM 008073108 853015 8340 SH SOLE 4170 0 4170 Air Prod & Chemicals (APD) COM 009158106 519984 1736 SH SOLE 868 0 868 Alphabet Class A (GOOGL) COM 02079K305 995859 8320 SH SOLE 4160 0 4160 Alphabet Class C (GOOG) COM 02079K107 6090452 50347 SH SOLE 25173 0 25173 Amazon Com Inc (AMZN) COM 023135106 5394049 41378 SH SOLE 20689 0 20689 Amcor PLC ADR (AMCR) COM Q03080100 676444 67780 SH SOLE 33890 0 33890 Amgen Incorporated (AMGN) COM 031162100 446704 2012 SH SOLE 1006 0 1006 AppFolio (APPF) COM 03783c100 440678 2560 SH SOLE 1280 0 1280 Apple Computer (AAPL) COM 037833100 14672855 75645 SH SOLE 37822 0 37822 Auto Data Processing (ADP) COM 053015103 1109939 5050 SH SOLE 2525 0 2525 Autodesk Inc. (ADSK) COM 052769106 1996994 9760 SH SOLE 4880 0 4880 BWX Technologies (BWXT) COM 05605H100 737171 10300 SH SOLE 5150 0 5150 Bank of America Corp. (BAC) COM 060505104 676854 23592 SH SOLE 11796 0 11796 Bank of Montreal (BMO) COM 063671101 1267411 14034 SH SOLE 7017 0 7017 Bank of New York (BK) COM 064058100 487494 10950 SH SOLE 5475 0 5475 Becton Dickinson (BDX) COM 075887109 503731 1908 SH SOLE 954 0 954 Berkshire Hathaway Cl B (BRKB) COM 084670702 3520484 10324 SH SOLE 5162 0 5162 Boeing Company (BA) COM 097023105 596738 2826 SH SOLE 1413 0 1413 Bristol-Myers Squibb (BMY) COM 110122108 1351647 21136 SH SOLE 10568 0 10568 CSG Systems Int'l (CSGS) COM 126349109 995204 18870 SH SOLE 9435 0 9435 CVS Health Corp. (CVS) COM 126650100 1875912 27136 SH SOLE 13568 0 13568 Carrier Global Corp (CARR) COM 14448C104 1156652 23268 SH SOLE 11634 0 11634 Celanese (CE) COM 150870103 1387747 11984 SH SOLE 5992 0 5992 Check Point Software Tech (CHK COM M22465104 2095090 16678 SH SOLE 8339 0 8339 Chevron Corp (CVX) COM 166764100 2235314 14206 SH SOLE 7103 0 7103 Chewy (CHWY) COM 16679L109 1115422 28260 SH SOLE 14130 0 14130 Cisco Systems Inc. (CSCO) COM 17275R102 4168174 80560 SH SOLE 40280 0 40280 Coca Cola Company (KO) COM 191216100 1683631 27958 SH SOLE 13979 0 13979 Colgate-Palmolive Co. (CL) COM 194162103 1120778 14548 SH SOLE 7274 0 7274 Comcast Corp NEW CL A (CMCSA) COM 20030N101 1878974 45222 SH SOLE 22611 0 22611 Constellation Brands (STZ) COM 21036P108 451402 1834 SH SOLE 917 0 917 Danaher Corp (DHR) COM 235851102 889440 3706 SH SOLE 1853 0 1853 Deere Co (DE) COM 244199105 558352 1378 SH SOLE 689 0 689 Disney Walt Hldg. Co. (DIS) COM 254687106 2206109 24710 SH SOLE 12355 0 12355 ETFMG Prime Cyber Security ETF COM 26924G201 1337841 26450 SH SOLE 13225 0 13225 Eaton Corporation (ETN) COM G29183103 530100 2636 SH SOLE 1318 0 1318 Exact Sciences (EXAS) COM 30063P105 1444182 15380 SH SOLE 7690 0 7690 Exxon Mobil (XOM) COM 30231G102 4726507 44070 SH SOLE 22035 0 22035 Fair Isaac (FICO) COM 303250104 451539 558 SH SOLE 279 0 279 Fastenal Company (FAST) COM 311900104 916233 15532 SH SOLE 7766 0 7766 General Electric Company (GE) COM 369604103 598463 5448 SH SOLE 2724 0 2724 General Mills, Inc. (GIS) COM 370334104 666063 8684 SH SOLE 4342 0 4342 General Motors New (GM) COM 37045V100 551177 14294 SH SOLE 7147 0 7147 Gilead Sciences Inc. (GILD) COM 375558103 440070 5710 SH SOLE 2855 0 2855 Globalstar Inc. (GSAT) COM 378973408 457920 424000 SH SOLE 212000 0 212000 Graco Inc (GGG) COM 384109104 535370 6200 SH SOLE 3100 0 3100 Hamilton Beach Brands Cl A (HB COM 40701T104 653460 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 1748628 21596 SH SOLE 10798 0 10798 Home Depot Inc. (HD) COM 437076102 2332285 7508 SH SOLE 3754 0 3754 Honeywell International (HON) COM 438516106 1992830 9604 SH SOLE 4802 0 4802 Hormel Foods (HRL) COM 440452100 1090009 27101 SH SOLE 13551 0 13551 Hyster-Yale Materials Handling COM 449172105 3271889 58594 SH SOLE 29297 0 29297 Illinois Tool Works Inc (ITW) COM 452308109 1273314 5090 SH SOLE 2545 0 2545 Intel Corp. (INTC) COM 458140100 2375961 71051 SH SOLE 35526 0 35526 Inter Parfums (IPAR) COM 458334109 430031 3180 SH SOLE 1590 0 1590 Invesco Water Resource Port (P COM 46137V142 1522530 27000 SH SOLE 13500 0 13500 J P Morgan Chase & Co (JPM) COM 46625H100 3471653 23870 SH SOLE 11935 0 11935 J.M. Smuckers Co (SJM) COM 832696405 1945995 13178 SH SOLE 6589 0 6589 Johnson & Johnson (JNJ) COM 478160104 4633234 27992 SH SOLE 13996 0 13996 Kohlberg Kravis & Co (KKR) COM 48251W104 2547888 45498 SH SOLE 22749 0 22749 Korn Ferry International (KFY) COM 500643200 448337 9050 SH SOLE 4525 0 4525 Landstar System (LSTR) COM 515098101 771315 4006 SH SOLE 2003 0 2003 LeMaitre Vascular (LMAT) COM 525558201 645888 9600 SH SOLE 4800 0 4800 Lilly Eli & Company (LLY) COM 532457108 3526730 7520 SH SOLE 3760 0 3760 Linde PLC (LIN) COM G54950103 432145 1134 SH SOLE 567 0 567 Lowes Companies Inc. (LOW) COM 548661107 693802 3074 SH SOLE 1537 0 1537 McDonalds Corp (MCD) COM 580135101 1536811 5150 SH SOLE 2575 0 2575 Merck & Co Inc. (MRK) COM 589331107 2958138 25636 SH SOLE 12818 0 12818 Microsoft Corp. (MSFT) COM 594918104 8303716 24384 SH SOLE 12192 0 12192 Mondelez (MDLZ) COM 609207105 446393 6120 SH SOLE 3060 0 3060 Morgan Stanley (MS) COM 617446448 472433 5532 SH SOLE 2766 0 2766 NVIDIA Corporation (NVDA) COM 67066G104 405916 960 SH SOLE 480 0 480 Nacco Inds Inc CL A (NC) COM 629579103 893396 25776 SH SOLE 12888 0 12888 NextEra Energy (NEE) COM 65339F101 1713278 23090 SH SOLE 11545 0 11545 Norfolk Southern Cop (NSC) COM 655844108 527897 2328 SH SOLE 1164 0 1164 Novartis AG Spon ADR F (NVS) COM 66987V109 413126 4094 SH SOLE 2047 0 2047 Oracle Corp. (ORCL) COM 68389X105 1476716 12400 SH SOLE 6200 0 6200 Otis Worldwide (OTIS) COM 68902V107 602420 6768 SH SOLE 3384 0 3384 PepsiCo Inc. (PEP) COM 713448108 4485986 24220 SH SOLE 12110 0 12110 Pfizer Inc (PFE) COM 717081103 2199795 59973 SH SOLE 29986 0 29986 Phillips 66 (PSX) COM 718546104 1585406 16622 SH SOLE 8311 0 8311 Procter & Gamble (PG) COM 742718109 3345564 22048 SH SOLE 11024 0 11024 ROBO Gbl Robotics & Auto'n ETF COM 301505707 1221562 20860 SH SOLE 10430 0 10430 Raytheon Technologies (RTX) COM 75513E101 2496021 25480 SH SOLE 12740 0 12740 Regions Financial Corp (RF) COM 7591EP100 451737 25350 SH SOLE 12675 0 12675 SYNNEX Corp (SNX) COM 87162W100 545200 5800 SH SOLE 2900 0 2900 Salesforce.com (CRM) COM 79466L302 806168 3816 SH SOLE 1908 0 1908 Smith & Nephew (SNN) COM 83175M205 865912 26850 SH SOLE 13425 0 13425 Sonoco Products (SON) COM 835495102 1614197 27350 SH SOLE 13675 0 13675 Southwest Airlines (LUV) COM 844741108 744115 20550 SH SOLE 10275 0 10275 Sprouts Farmers Markets (SFM) COM 85208M102 618533 16840 SH SOLE 8420 0 8420 Standard Motor Products (SMP) COM 853666105 549743 14652 SH SOLE 7326 0 7326 Starbucks Corp. (SBUX) COM 855244109 1216457 12280 SH SOLE 6140 0 6140 State Street Corp (STT) COM 857477103 669597 9150 SH SOLE 4575 0 4575 Stryker Corp. (SYK) COM 863667101 728555 2388 SH SOLE 1194 0 1194 Sysco Corp. (SYY) COM 871829107 2246924 30282 SH SOLE 15141 0 15141 T Rowe Price Group (TROW) COM 74144T108 584744 5220 SH SOLE 2610 0 2610 TJX Cos Inc (TJX) COM 872540109 3941209 46482 SH SOLE 23241 0 23241 Taiwan Semiconductor ADRF Spon COM 874039100 1276638 12650 SH SOLE 6325 0 6325 Target Corporation (TGT) COM 87612E106 1496293 11344 SH SOLE 5672 0 5672 Tesla Inc (TSLA) COM 88160R101 409882 1566 SH SOLE 783 0 783 Texas Instruments Inc (TXN) COM 882508104 908741 5048 SH SOLE 2524 0 2524 The Blackstone Group (BX) COM 09260D107 509476 5480 SH SOLE 2740 0 2740 The Trade Desk Inc (TTD) COM 88339J105 1135134 14700 SH SOLE 7350 0 7350 Trex Inc (TREX) COM 89531P105 1892717 28870 SH SOLE 14435 0 14435 US Bancorp (USB) COM 902973304 1579973 47820 SH SOLE 23910 0 23910 Ulta Beauty (ULTA) COM 903845303 1661200 3530 SH SOLE 1765 0 1765 Unilever PLC ADR New F (UL) COM 904767704 892883 17128 SH SOLE 8564 0 8564 Union Pacific Corp. (UNP) COM 907818108 582758 2848 SH SOLE 1424 0 1424 United Parcel Service Cl B (UP COM 911312106 695150 3878 SH SOLE 1939 0 1939 Unitedhealth Group Inc. (UNH) COM 91324P102 599839 1248 SH SOLE 624 0 624 Vericel (VCEL) COM 92346J108 440320 11720 SH SOLE 5860 0 5860 Verisk Analytics (VRSK) COM 92345Y106 2278382 10080 SH SOLE 5040 0 5040 Verizon Communications (VZ) COM 92343V104 1637327 44026 SH SOLE 22013 0 22013 Visa Inc (V) COM 92826C839 2630328 11076 SH SOLE 5538 0 5538 WD 40 Co (WDFC) COM 929236107 1204719 6386 SH SOLE 3193 0 3193 WalMart Inc. (WMT) COM 931142103 788729 5018 SH SOLE 2509 0 2509 Zimmer Biomet Holdings Inc. (Z COM 98956P102 593466 4076 SH SOLE 2038 0 2038 Zoetis Inc (ZTS) COM 98978V103 1987303 11540 SH SOLE 5770 0 5770 IShares S&P 100 Index (OEF) ETF 464287101 1006312 4860 SH SOLE 2430 0 2430 Invesco S&P 500 Equal Weighted ETF 46137V357 5524291 36917 SH SOLE 18459 0 18459 Invesco SP500 Hi Div Low Vol ( ETF 46138E362 574765 13900 SH SOLE 6950 0 6950 SPDR S&P Dividend ETF (SDY) ETF 78464A763 900963 7350 SH SOLE 3675 0 3675 SPDR S&P Midcap 400 (MDY) ETF 78467Y107 14952598 31222 SH SOLE 15611 0 15611 SPDR Trust S&P 500 (SPY) ETF 78462F103 1372839 3097 SH SOLE 1549 0 1549 Schwab Large Cap Growth ETF (S ETF 808524300 11327244 151131 SH SOLE 75565 0 75565 Schwab Large Cap US ETF (SCHX) ETF 808524201 4409030 84190 SH SOLE 42095 0 42095 Schwab US Broad Market ETF (SC ETF 808524102 7105131 137430 SH SOLE 68715 0 68715 Schwab US Dividend Equity (SCH ETF 808524797 7287562 100352 SH SOLE 50176 0 50176 Schwab US Mid Cap ETF (SCHM) ETF 808524508 12929353 182027 SH SOLE 91013 0 91013 Schwab US Small Cap ETF (SCHA) ETF 808524607 7821870 178582 SH SOLE 89291 0 89291 Vanguard Extended Market Index ETF 922908652 1900559 12770 SH SOLE 6385 0 6385 Vanguard High Dividend Yield E ETF 921946406 450797 4250 SH SOLE 2125 0 2125 Vanguard Mid Cap ETF (VO) ETF 922908629 957696 4350 SH SOLE 2175 0 2175 Vanguard S&P 500 ETF (VOO) ETF 922908363 11419984 28040 SH SOLE 14020 0 14020 Vanguard Small Cap Growth (VBK ETF 922908595 3106085 13520 SH SOLE 6760 0 6760 iShares S&P US Preferred Stock ETF 464288687 4132248 133600 SH SOLE 66800 0 66800 IShares S&P Global 100 ETF (IO ETF 464287572 1550103 20380 SH SOLE 10190 0 10190 Ishares Int'l Select Dividend ETF 464288448 576890 21910 SH SOLE 10955 0 10955 Ishares MSCI Ireland ETF (EIRL ETF 46429B507 731164 12690 SH SOLE 6345 0 6345 SPDR International Dividend ET ETF 78463X772 415362 12078 SH SOLE 6039 0 6039 Schwab Emerging Markets ETF (S ETF 808524706 2256108 91600 SH SOLE 45800 0 45800 Schwab International Equity ET ETF 808524805 13521283 379279 SH SOLE 189639 0 189639 Vanguard Total World Stock Mar ETF 922042742 429621 4430 SH SOLE 2215 0 2215 iShares MSCI Canada Index Fund ETF 464286509 517152 14780 SH SOLE 7390 0 7390 iShares TR MSCI EAFE Fd (EFA) ETF 464287465 2697781 37211 SH SOLE 18605 0 18605