0001631775-24-000005.txt : 20241113 0001631775-24-000005.hdr.sgml : 20241113 20241113145610 ACCESSION NUMBER: 0001631775-24-000005 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241113 DATE AS OF CHANGE: 20241113 EFFECTIVENESS DATE: 20241113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Godshalk Welsh Capital Management, Inc. CENTRAL INDEX KEY: 0001631775 ORGANIZATION NAME: IRS NUMBER: 232649919 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-16414 FILM NUMBER: 241453400 BUSINESS ADDRESS: STREET 1: 170 N. RADNOR CHESTER ROAD STREET 2: SUITE 100 CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 610-971-0202 MAIL ADDRESS: STREET 1: 170 N. RADNOR CHESTER ROAD STREET 2: SUITE 100 CITY: RADNOR STATE: PA ZIP: 19087 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001631775 XXXXXXXX 09-30-2024 09-30-2024 Godshalk Welsh Capital Management, Inc.
170 N. RADNOR CHESTER ROAD SUITE 100 RADNOR PA 19087
13F HOLDINGS REPORT 028-16414 000106410 801-39857 N
Matthew W. Welsh President and CCO 610-971-1079 Matthew W. Welsh Radnor PA 11-13-2024 0 124 158217820 false
INFORMATION TABLE 2 godshalk3q24.xml 3M Company COM 88579Y101 555002 4060 SH SOLE 0 0 4060 Abbott Laboratories COM 002824100 362780 3182 SH SOLE 0 0 3182 AbbVie Inc COM 00287Y109 1121884 5681 SH SOLE 0 0 5681 Alphabet Inc Cl A COM 02079K305 3307878 19945 SH SOLE 0 0 19945 Alphabet Inc Cl C COM 02079K107 2002100 11975 SH SOLE 0 0 11975 American Express COM 025816109 3244366 11963 SH SOLE 0 0 11963 American Tower Corp COM 03027X100 1461640 6285 SH SOLE 0 0 6285 American Water Works Inc COM 030420103 585691 4005 SH SOLE 0 0 4005 Amgen Inc COM 031162100 368930 1145 SH SOLE 0 0 1145 Analog Devices Inc COM 032654105 200248 870 SH SOLE 0 0 870 Apollo Global Mgmt COM 03769M106 206726 1655 SH SOLE 0 0 1655 Apple Inc COM 037833100 8995198 38606 SH SOLE 0 0 38606 Applied Materials Inc COM 654902204 253573 1255 SH SOLE 0 0 1255 Automatic Data Processing COM 053015103 2147148 7759 SH SOLE 0 0 7759 Bank of America Corp COM 060505104 1870714 47145 SH SOLE 0 0 47145 Becton Dickinson & Co COM 075887109 1332078 5525 SH SOLE 0 0 5525 Berkley W R Corporation COM 084423102 2795030 49269 SH SOLE 0 0 49269 Berkshire Hathaway Inc Cl B COM 084670702 4673020 10153 SH SOLE 0 0 10153 BHP Billiton Ltd ADR ADR 088606108 291917 4700 SH SOLE 0 0 4700 Blackstone Group Inc COM 09260D107 1589489 10380 SH SOLE 0 0 10380 Bristol-Myers Squibb Co COM 110122108 206960 4000 SH SOLE 0 0 4000 Carrier Global Corp COM 14448C104 255556 3175 SH SOLE 0 0 3175 Cava Group Inc COM 148929102 665694 5375 SH SOLE 0 0 5375 Chevron Corp COM 166764100 1588749 10788 SH SOLE 0 0 10788 Chubb Limited COM H1467J104 226386 785 SH SOLE 0 0 785 Cigna Corp COM 125509109 1082625 3125 SH SOLE 0 0 3125 Cisco Systems Inc COM 17275R102 2031674 38175 SH SOLE 0 0 38175 Clorox Company COM 189054109 395057 2425 SH SOLE 0 0 2425 Coca-Cola Company COM 191216100 294626 4100 SH SOLE 0 0 4100 Colgate-Palmolive Co COM 194162103 739646 7125 SH SOLE 0 0 7125 Comcast Corp Class A COM 20030N101 553620 13254 SH SOLE 0 0 13254 ConocoPhillips COM 20825C104 889721 8451 SH SOLE 0 0 8451 Consolidated Edison Inc COM 209115104 497221 4775 SH SOLE 0 0 4775 Corning Inc COM 219350105 501165 11100 SH SOLE 0 0 11100 Costco Wholesale Corp COM 22160K105 5836866 6584 SH SOLE 0 0 6584 CSX Corp COM 126408103 928512 26890 SH SOLE 0 0 26890 Danaher Corp COM 235851102 278020 1000 SH SOLE 0 0 1000 DuPont de Nemours Inc COM 26614N102 605859 6799 SH SOLE 0 0 6799 eBay Inc COM 278642103 279973 4300 SH SOLE 0 0 4300 Ecolab Inc COM 278865100 1320056 5170 SH SOLE 0 0 5170 Elevance Health COM 036752103 338000 650 SH SOLE 0 0 650 Erie Indemnity Co Cl A COM 29530P102 269910 500 SH SOLE 0 0 500 Essential Utilities Inc COM 29670G102 999387 25911 SH SOLE 0 0 25911 Exxon Mobil Corp COM 30231G102 209355 1786 SH SOLE 0 0 1786 Fidelity High Dividend ETF 316092840 1460493 28835 SH SOLE 0 0 28835 Globus Medical Inc A COM 379577208 4458373 62320 SH SOLE 0 0 62320 Hershey Company COM 427866108 249314 1300 SH SOLE 0 0 1300 Home Depot Inc COM 437076102 2410535 5949 SH SOLE 0 0 5949 IBM Corp COM 459200101 221080 1000 SH SOLE 0 0 1000 IdaCorp Incorporated COM 451107106 756268 7336 SH SOLE 0 0 7336 Intuit Inc COM 461202103 4943160 7960 SH SOLE 0 0 7960 Invesco Preferred ETF 46138E511 659490 53400 SH SOLE 0 0 53400 Invesco QQQ Trust ETF 46090E103 651573 1335 SH SOLE 0 0 1335 Invesco S&P 500 Eq Wt ETF 46137V357 2588355 14447 SH SOLE 0 0 14447 iShares Core Growth Allocation ETF 464289867 596677 10072 SH SOLE 0 0 10072 iShares Core Moderate Allocati ETF 464289875 792621 17571 SH SOLE 0 0 17571 iShares Core MSCI EAFE ETF 46432F842 2133071 27330 SH SOLE 0 0 27330 iShares Core S&P US Growth ETF 464287671 608765 4615 SH SOLE 0 0 4615 iShares iBonds Dec 2024 Term C ETF 46434VBG4 209243 8300 SH SOLE 0 0 8300 iShares iBonds Dec 2025 Term C ETF 46434VBD1 628755 25050 SH SOLE 0 0 25050 iShares iBonds Dec 2026 Term C ETF 46435GAA0 939195 38650 SH SOLE 0 0 38650 iShares iBonds Dec 2027 Term C ETF 46435UAA9 880976 36150 SH SOLE 0 0 36150 iShares iBonds Dec 2028 Term E ETF 46435U515 222111 8700 SH SOLE 0 0 8700 iShares MSCI EAFE Index ETF 464287465 334520 4000 SH SOLE 0 0 4000 iShares MSCI EmergMkt Min Vol ETF 464286533 445170 7100 SH SOLE 0 0 7100 iShares National Muni ETF 464288414 972239 8950 SH SOLE 0 0 8950 iShares Russell 2000 Index ETF 464287655 2829955 12812 SH SOLE 0 0 12812 iShares Russell Top 200 Growth ETF 464289438 766874 3485 SH SOLE 0 0 3485 iShares Short Term Nat Muni Bd ETF 464288158 1306137 12300 SH SOLE 0 0 12300 Johnson & Johnson COM 478160104 1984587 12246 SH SOLE 0 0 12246 JP Morgan Chase & Co COM 46625H100 2181347 10345 SH SOLE 0 0 10345 Kimberly-Clark Corp COM 494368103 227648 1600 SH SOLE 0 0 1600 L3Harris Technologies Inc COM 502431109 818273 3440 SH SOLE 0 0 3440 Labcorp Hldgs Inc. COM 50540R409 356451 1595 SH SOLE 0 0 1595 Lockheed Martin Corp COM 539830109 555332 950 SH SOLE 0 0 950 Lowes Companies Inc COM 548661107 2227741 8225 SH SOLE 0 0 8225 Masco Corp COM 574599106 486852 5800 SH SOLE 0 0 5800 Mastercard Inc COM 57636Q104 474048 960 SH SOLE 0 0 960 McDonalds Corp COM 580135101 1317006 4325 SH SOLE 0 0 4325 Merck & Co COM 58933Y105 2230091 19638 SH SOLE 0 0 19638 MetLife Inc COM 59156R108 453640 5500 SH SOLE 0 0 5500 Microsoft Corporation COM 594918104 9639581 22402 SH SOLE 0 0 22402 Mondelez Intl Inc Cl A COM 609207105 1128035 15312 SH SOLE 0 0 15312 NextEra Energy Inc COM 65339F101 938283 11100 SH SOLE 0 0 11100 Oracle Corp COM 68389X105 5379528 31570 SH SOLE 0 0 31570 Paychex Inc COM 704326107 2428839 18100 SH SOLE 0 0 18100 Pepsico Inc COM 713448108 1620577 9530 SH SOLE 0 0 9530 Phillips 66 COM 718546104 936581 7125 SH SOLE 0 0 7125 Procter & Gamble COM 742718109 2586742 14935 SH SOLE 0 0 14935 Quest Diagnostics Inc COM 74834L100 527850 3400 SH SOLE 0 0 3400 Republic Services Inc COM 760759100 391638 1950 SH SOLE 0 0 1950 RPM International COM 749685103 1047255 8655 SH SOLE 0 0 8655 RTX Corp COM 75513E101 1051184 8676 SH SOLE 0 0 8676 Schwab US Small-Cap ETF 808524607 298700 5800 SH SOLE 0 0 5800 Simon Property Group COM 828806109 266207 1575 SH SOLE 0 0 1575 Southern Company COM 842587107 225450 2500 SH SOLE 0 0 2500 SPDR Portfolio High Yield Bond ETF 78468R606 548340 22800 SH SOLE 0 0 22800 SPDR S&P 500 ETF 78462F103 1075800 1875 SH SOLE 0 0 1875 Starbucks Corp COM 855244109 1256159 12885 SH SOLE 0 0 12885 Sysco Corporation COM 871829107 1827619 23413 SH SOLE 0 0 23413 T Rowe Price Capital Apprec Eq ETF 87283Q867 1221106 36725 SH SOLE 0 0 36725 Taiwan Semiconductor Mfg ADR ADR 874039100 686865 3955 SH SOLE 0 0 3955 Target Corporation COM 87612E106 1273376 8170 SH SOLE 0 0 8170 TJX Companies Inc COM 872540109 1530959 13025 SH SOLE 0 0 13025 Uber Technologies Inc COM 90353T100 691472 9200 SH SOLE 0 0 9200 Union Pacific Corp COM 907818108 326586 1325 SH SOLE 0 0 1325 United Parcel Service Inc COM 911312106 1327543 9737 SH SOLE 0 0 9737 UnitedHealth Group Inc COM 91324P102 1233675 2110 SH SOLE 0 0 2110 Valero Energy Corp COM 91913Y100 1002598 7425 SH SOLE 0 0 7425 Vanguard Div Appreciation ETF 921908844 1432568 7233 SH SOLE 0 0 7233 Vanguard Info Technology ETF 92204A702 252204 430 SH SOLE 0 0 430 Vanguard REIT ETF 922908553 811996 8335 SH SOLE 0 0 8335 Vanguard Short Term Bond Index ETF 921937827 398592 5065 SH SOLE 0 0 5065 Vanguard Total Stock Mkt ETF 922908769 315803 1115 SH SOLE 0 0 1115 Veralto Corp COM 92338C103 218127 1950 SH SOLE 0 0 1950 Vgd Consumer Discretionary ETF 92204A108 335373 985 SH SOLE 0 0 985 Vgd Int Term Bond Index Fund ETF 921937819 328141 4187 SH SOLE 0 0 4187 Visa Inc COM 92826C839 1062682 3865 SH SOLE 0 0 3865 Walmart Inc COM 931142103 1071553 13270 SH SOLE 0 0 13270 Waste Connections Inc COM 94106B101 632129 3535 SH SOLE 0 0 3535 Waste Management Inc COM 94106L109 1908882 9195 SH SOLE 0 0 9195 WideOpenWest Inc COM 96758W101 716090 136398 SH SOLE 0 0 136398 YUM! Brands Inc COM 988498101 907416 6495 SH SOLE 0 0 6495 Zoetis Inc COM 98978V103 1619700 8290 SH SOLE 0 0 8290