0001608057-24-000004.txt : 20240409 0001608057-24-000004.hdr.sgml : 20240409 20240409123850 ACCESSION NUMBER: 0001608057-24-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240409 DATE AS OF CHANGE: 20240409 EFFECTIVENESS DATE: 20240409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Curbstone Financial Management Corp CENTRAL INDEX KEY: 0001608057 ORGANIZATION NAME: 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: 24831835 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 03-31-2024 03-31-2024 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 04-09-2024 0 188 462872154 false INFORMATION TABLE 2 033124.xml Barings Corporate Investors (M BDFUND 06759X107 6282704 365486 SH SOLE 182743 0 182743 Barings Participation Inv (MPV BDFUND 06761A103 815930 50616 SH SOLE 25308 0 25308 IShares 0-5 Year Tips ETF (STI BDFUND 46429B747 1834483 18450 SH SOLE 9225 0 9225 IShares Muni Bond 2024 ETF (IB BDFUND 46435U697 482670 18600 SH SOLE 9300 0 9300 Invesco Bulletshares 2024 Corp BDFUND 46138J841 3724691 177620 SH SOLE 88810 0 88810 Invesco Bulletshares 2025 Corp BDFUND 46138J825 1117112 54680 SH SOLE 27340 0 27340 SPDR Int Corporate Bond ETF (S BDFUND 78464A375 415817 12720 SH SOLE 6360 0 6360 SPDR Inv't Grade Floating Rate BDFUND 78468R200 18550781 601712 SH SOLE 300856 0 300856 SPDR Nuveen Barclays Shrt Term BDFUND 78468R739 1186000 25000 SH SOLE 12500 0 12500 Schwab Aggregate Bond ETF (SCH BDFUND 808524839 2242500 48750 SH SOLE 24375 0 24375 Schwab US Tips ETF (SCHP) BDFUND 808524870 5062128 97050 SH SOLE 48525 0 48525 VanEck Vectors Shrt Mun ETF (S BDFUND 92189F528 714840 42000 SH SOLE 21000 0 21000 Vanguard Intermediate Corp Bon BDFUND 92206C870 8367726 103934 SH SOLE 51967 0 51967 Vanguard ST Corp Bond ETF (VCS BDFUND 92206C409 18168159 235004 SH SOLE 117502 0 117502 Vanguard Tax-Exempt Bond Index BDFUND 922907746 528770 10450 SH SOLE 5225 0 5225 iShares 1-5 yr Inv Grade Corp BDFUND 464288646 5572085 108660 SH SOLE 54330 0 54330 iShares National Muni Bond (MU BDFUND 464288414 5153179 47892 SH SOLE 23946 0 23946 iShares Short Term Nat'l Muni BDFUND 464288158 4005922 38250 SH SOLE 19125 0 19125 iShares TIPS Bond Fund (TIP) BDFUND 464287176 5553555 51704 SH SOLE 25852 0 25852 Schwab REIT ETF (SCHH) REIT 808524847 1075900 53000 SH SOLE 26500 0 26500 Vanguard REIT Index ETF (VNQ) REIT 922908553 983278 11370 SH SOLE 5685 0 5685 Weyerhauser (WY) REIT 962166104 2427157 67590 SH SOLE 33795 0 33795 3M Company (MMM) COM 88579Y101 600356 5660 SH SOLE 2830 0 2830 A F L A C Inc. (AFL) COM 001055102 1242394 14470 SH SOLE 7235 0 7235 AT&T Inc. (T) COM 00206R102 578336 32860 SH SOLE 16430 0 16430 Abbott Laboratories (ABT) COM 002824100 3058136 26906 SH SOLE 13453 0 13453 Abbvie Inc (ABBV) COM 00287Y109 2060371 11315 SH SOLE 5657 0 5657 Accenture PLC (ACN) COM G1151C101 644695 1860 SH SOLE 930 0 930 Advanced Micro Devices Inc (AM COM 007903107 1715823 9506 SH SOLE 4753 0 4753 Aerovironment (AVAV) COM 008073108 1266093 8260 SH SOLE 4130 0 4130 Air Prod & Chemicals (APD) COM 009158106 415735 1716 SH SOLE 858 0 858 Alphabet Class A (GOOGL) COM 02079K305 1166633 7730 SH SOLE 3865 0 3865 Alphabet Class C (GOOG) COM 02079K107 7111577 46707 SH SOLE 23353 0 23353 Amazon Com Inc (AMZN) COM 023135106 7095806 39338 SH SOLE 19669 0 19669 Amcor PLC ADR (AMCR) COM Q03080100 635078 66780 SH SOLE 33390 0 33390 Amgen Incorporated (AMGN) COM 031162100 557836 1962 SH SOLE 981 0 981 AppFolio (APPF) COM 03783c100 631654 2560 SH SOLE 1280 0 1280 Apple Computer (AAPL) COM 037833100 12223175 71280 SH SOLE 35640 0 35640 Auto Data Processing (ADP) COM 053015103 1223726 4900 SH SOLE 2450 0 2450 Autodesk Inc. (ADSK) COM 052769106 2528678 9710 SH SOLE 4855 0 4855 BWX Technologies (BWXT) COM 05605H100 1041593 10150 SH SOLE 5075 0 5075 Bank of America Corp. (BAC) COM 060505104 879441 23192 SH SOLE 11596 0 11596 Bank of Montreal (BMO) COM 063671101 1351305 13834 SH SOLE 6917 0 6917 Bank of New York (BK) COM 064058100 619415 10750 SH SOLE 5375 0 5375 Becton Dickinson (BDX) COM 075887109 472135 1908 SH SOLE 954 0 954 Berkshire Hathaway Cl B (BRKB) COM 084670702 3758608 8938 SH SOLE 4469 0 4469 Boeing Company (BA) COM 097023105 535740 2776 SH SOLE 1388 0 1388 Bristol-Myers Squibb (BMY) COM 110122108 1158353 21360 SH SOLE 10680 0 10680 Broadcom Inc (AVGO) COM 11135f101 721023 544 SH SOLE 272 0 272 CSG Systems Int'l (CSGS) COM 126349109 1074609 20850 SH SOLE 10425 0 10425 CVS Health Corp. (CVS) COM 126650100 2084607 26136 SH SOLE 13068 0 13068 Carrier Global Corp (CARR) COM 14448C104 1340943 23068 SH SOLE 11534 0 11534 Celanese (CE) COM 150870103 2033791 11834 SH SOLE 5917 0 5917 Check Point Software Tech (CHK COM M22465104 2791122 17018 SH SOLE 8509 0 8509 Chevron Corp (CVX) COM 166764100 2097311 13296 SH SOLE 6648 0 6648 Chewy (CHWY) COM 16679L109 414296 26040 SH SOLE 13020 0 13020 Cincinnati Financial (CINF) COM 172062101 440803 3550 SH SOLE 1775 0 1775 Cisco Systems Inc. (CSCO) COM 17275R102 4013263 80410 SH SOLE 40205 0 40205 Coca Cola Company (KO) COM 191216100 1640725 26818 SH SOLE 13409 0 13409 Colgate-Palmolive Co. (CL) COM 194162103 1287535 14298 SH SOLE 7149 0 7149 Comcast Corp NEW CL A (CMCSA) COM 20030N101 1901851 43872 SH SOLE 21936 0 21936 Constellation Brands (STZ) COM 21036P108 506561 1864 SH SOLE 932 0 932 Danaher Corp (DHR) COM 235851102 907982 3636 SH SOLE 1818 0 1818 Deere Co (DE) COM 244199105 566000 1378 SH SOLE 689 0 689 Disney Walt Hldg. Co. (DIS) COM 254687106 2693144 22010 SH SOLE 11005 0 11005 ETFMG Prime Cyber Security ETF COM 032108664 1753408 27350 SH SOLE 13675 0 13675 Eaton Corporation (ETN) COM G29183103 746054 2386 SH SOLE 1193 0 1193 Emerson Elec Co (EMR) COM 291011104 451638 3982 SH SOLE 1991 0 1991 Encore Wire (WIRE) COM 292562105 562349 2140 SH SOLE 1070 0 1070 Exact Sciences (EXAS) COM 30063P105 1079408 15630 SH SOLE 7815 0 7815 Exxon Mobil (XOM) COM 30231G102 4915790 42290 SH SOLE 21145 0 21145 Fair Isaac (FICO) COM 303250104 697282 558 SH SOLE 279 0 279 Fastenal Company (FAST) COM 311900104 1113284 14432 SH SOLE 7216 0 7216 GE Aerospace (GE) COM 369604103 886426 5050 SH SOLE 2525 0 2525 Garmin (GRMN) COM H2906T109 571065 3836 SH SOLE 1918 0 1918 General Mills, Inc. (GIS) COM 370334104 607619 8684 SH SOLE 4342 0 4342 General Motors New (GM) COM 37045V100 703560 15514 SH SOLE 7757 0 7757 Gilead Sciences Inc. (GILD) COM 375558103 409467 5590 SH SOLE 2795 0 2795 Globalstar Inc. (GSAT) COM 378973408 652680 444000 SH SOLE 222000 0 222000 Graco Inc (GGG) COM 384109104 546741 5850 SH SOLE 2925 0 2925 Hamilton Beach Brands Cl A (HB COM 40701T104 1647857 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 1787311 22926 SH SOLE 11463 0 11463 Home Depot Inc. (HD) COM 437076102 2791841 7278 SH SOLE 3639 0 3639 Honeywell International (HON) COM 438516106 1948643 9494 SH SOLE 4747 0 4747 Hormel Foods (HRL) COM 440452100 938582 26901 SH SOLE 13451 0 13451 Hyster-Yale Materials Handling COM 449172105 4852279 75616 SH SOLE 37808 0 37808 Illinois Tool Works Inc (ITW) COM 452308109 1285301 4790 SH SOLE 2395 0 2395 Ingredion (INGR) COM 457187102 432345 3700 SH SOLE 1850 0 1850 Intel Corp. (INTC) COM 458140100 3117848 70587 SH SOLE 35294 0 35294 Inter Parfums (IPAR) COM 458334109 524102 3730 SH SOLE 1865 0 1865 Intl Business Machines (IBM) COM 459200101 529723 2774 SH SOLE 1387 0 1387 Invesco Water Resource Port (P COM 46137V142 1784076 26800 SH SOLE 13400 0 13400 J P Morgan Chase & Co (JPM) COM 46625H100 4683014 23380 SH SOLE 11690 0 11690 J.M. Smuckers Co (SJM) COM 832696405 1633541 12978 SH SOLE 6489 0 6489 Johnson & Johnson (JNJ) COM 478160104 4450516 28134 SH SOLE 14067 0 14067 Kohlberg Kravis & Co (KKR) COM 48251W104 3977738 39548 SH SOLE 19774 0 19774 Korn Ferry International (KFY) COM 500643200 581976 8850 SH SOLE 4425 0 4425 Landstar System (LSTR) COM 515098101 893635 4636 SH SOLE 2318 0 2318 LeMaitre Vascular (LMAT) COM 525558201 580650 8750 SH SOLE 4375 0 4375 Lilly Eli & Company (LLY) COM 532457108 5360144 6890 SH SOLE 3445 0 3445 Linde PLC (LIN) COM G54950103 526539 1134 SH SOLE 567 0 567 Lowes Companies Inc. (LOW) COM 548661107 765209 3004 SH SOLE 1502 0 1502 McDonalds Corp (MCD) COM 580135101 1423847 5050 SH SOLE 2525 0 2525 Merck & Co Inc. (MRK) COM 589331107 3229080 24472 SH SOLE 12236 0 12236 Microsoft Corp. (MSFT) COM 594918104 9602499 22824 SH SOLE 11412 0 11412 Mondelez (MDLZ) COM 609207105 456400 6520 SH SOLE 3260 0 3260 Morgan Stanley (MS) COM 617446448 530309 5632 SH SOLE 2816 0 2816 NVIDIA Corporation (NVDA) COM 67066G104 856183 948 SH SOLE 474 0 474 Nacco Inds Inc CL A (NC) COM 629579103 1737768 57542 SH SOLE 28771 0 28771 NextEra Energy (NEE) COM 65339F101 1454080 22752 SH SOLE 11376 0 11376 Norfolk Southern Cop (NSC) COM 655844108 580594 2278 SH SOLE 1139 0 1139 Novo-Nordisk (NVO) COM 670100205 446832 3480 SH SOLE 1740 0 1740 Oracle Corp. (ORCL) COM 68389X105 1463356 11650 SH SOLE 5825 0 5825 Otis Worldwide (OTIS) COM 68902V107 676823 6818 SH SOLE 3409 0 3409 PepsiCo Inc. (PEP) COM 713448108 4221201 24120 SH SOLE 12060 0 12060 Pfizer Inc (PFE) COM 717081103 1712802 61723 SH SOLE 30861 0 30861 Phillips 66 (PSX) COM 718546104 2461860 15072 SH SOLE 7536 0 7536 Procter & Gamble (PG) COM 742718109 3488050 21498 SH SOLE 10749 0 10749 Qualcomm Inc. (QCOM) COM 747525103 490970 2900 SH SOLE 1450 0 1450 ROBO Gbl Robotics & Auto'n ETF COM 301505707 1209743 20630 SH SOLE 10315 0 10315 RTX Corporation (RTX) COM 75513E101 2669591 27372 SH SOLE 13686 0 13686 Regions Financial Corp (RF) COM 7591EP100 565976 26900 SH SOLE 13450 0 13450 SYNNEX Corp (SNX) COM 87162W100 655980 5800 SH SOLE 2900 0 2900 Salesforce.com (CRM) COM 79466L302 1104126 3666 SH SOLE 1833 0 1833 Smith & Nephew (SNN) COM 83175M205 551580 21750 SH SOLE 10875 0 10875 Sonoco Products (SON) COM 835495102 1605060 27750 SH SOLE 13875 0 13875 Southwest Airlines (LUV) COM 844741108 436390 14950 SH SOLE 7475 0 7475 Sprouts Farmers Markets (SFM) COM 85208M102 1142586 17720 SH SOLE 8860 0 8860 Standard Motor Products (SMP) COM 853666105 491575 14652 SH SOLE 7326 0 7326 Starbucks Corp. (SBUX) COM 855244109 1122269 12280 SH SOLE 6140 0 6140 State Street Corp (STT) COM 857477103 661086 8550 SH SOLE 4275 0 4275 Stryker Corp. (SYK) COM 863667101 811649 2268 SH SOLE 1134 0 1134 Sysco Corp. (SYY) COM 871829107 2437998 30032 SH SOLE 15016 0 15016 T Rowe Price Group (TROW) COM 74144T108 654710 5370 SH SOLE 2685 0 2685 TJX Cos Inc (TJX) COM 872540109 4362886 43018 SH SOLE 21509 0 21509 Taiwan Semiconductor ADRF Spon COM 874039100 1700625 12500 SH SOLE 6250 0 6250 Target Corporation (TGT) COM 87612E106 1980170 11174 SH SOLE 5587 0 5587 Texas Instruments Inc (TXN) COM 882508104 879412 5048 SH SOLE 2524 0 2524 The Blackstone Group (BX) COM 09260D107 693634 5280 SH SOLE 2640 0 2640 The Trade Desk Inc (TTD) COM 88339J105 1326161 15170 SH SOLE 7585 0 7585 Trex Inc (TREX) COM 89531P105 2854845 28620 SH SOLE 14310 0 14310 Tyler Technologies (TYL) COM 902252105 459011 1080 SH SOLE 540 0 540 US Bancorp (USB) COM 902973304 1806774 40420 SH SOLE 20210 0 20210 Ulta Beauty (ULTA) COM 903845303 1772563 3390 SH SOLE 1695 0 1695 Unilever PLC ADR New F (UL) COM 904767704 849616 16928 SH SOLE 8464 0 8464 Union Pacific Corp. (UNP) COM 907818108 648271 2636 SH SOLE 1318 0 1318 United Parcel Service Cl B (UP COM 911312106 583834 3928 SH SOLE 1964 0 1964 Unitedhealth Group Inc. (UNH) COM 91324P102 596608 1206 SH SOLE 603 0 603 Universal Display (OLED) COM 91347P105 439654 2610 SH SOLE 1305 0 1305 Vericel (VCEL) COM 92346J108 672098 12920 SH SOLE 6460 0 6460 Verisk Analytics (VRSK) COM 92345Y106 2336084 9910 SH SOLE 4955 0 4955 Verizon Communications (VZ) COM 92343V104 1627880 38796 SH SOLE 19398 0 19398 Visa Inc (V) COM 92826C839 3101695 11114 SH SOLE 5557 0 5557 Vortex Energy Corp (VTECF) COM 92905D104 9790 50000 SH SOLE 25000 0 25000 WD 40 Co (WDFC) COM 929236107 1478317 5836 SH SOLE 2918 0 2918 WalMart Inc. (WMT) COM 931142103 887748 14754 SH SOLE 7377 0 7377 Zimmer Biomet Holdings Inc. (Z COM 98956P102 557747 4226 SH SOLE 2113 0 2113 Zoetis Inc (ZTS) COM 98978V103 1935762 11440 SH SOLE 5720 0 5720 IShares S&P 100 Index (OEF) ETF 464287101 1152931 4660 SH SOLE 2330 0 2330 Invesco S&P 500 Equal Weighted ETF 46137V357 6699804 39557 SH SOLE 19779 0 19779 Invesco SP500 Hi Div Low Vol ( ETF 46138E362 603840 13600 SH SOLE 6800 0 6800 SP 400 Midcap ETF (SPMD) ETF 78464A847 866775 16250 SH SOLE 8125 0 8125 SPDR S&P Dividend ETF (SDY) ETF 78464A763 964614 7350 SH SOLE 3675 0 3675 SPDR S&P Midcap 400 (MDY) ETF 78467Y107 16954702 30472 SH SOLE 15236 0 15236 SPDR Trust S&P 500 (SPY) ETF 78462F103 1646102 3147 SH SOLE 1574 0 1574 Schwab Large Cap Growth ETF (S ETF 808524300 13199682 142361 SH SOLE 71180 0 71180 Schwab Large Cap US ETF (SCHX) ETF 808524201 5498516 88600 SH SOLE 44300 0 44300 Schwab US Broad Market ETF (SC ETF 808524102 7195597 117864 SH SOLE 58932 0 58932 Schwab US Dividend Equity (SCH ETF 808524797 9637059 119522 SH SOLE 59761 0 59761 Schwab US Mid Cap ETF (SCHM) ETF 808524508 14956790 183677 SH SOLE 91838 0 91838 Schwab US Small Cap ETF (SCHA) ETF 808524607 9042508 183642 SH SOLE 91821 0 91821 Vanguard Extended Market Index ETF 922908652 2252219 12850 SH SOLE 6425 0 6425 Vanguard High Dividend Yield E ETF 921946406 483960 4000 SH SOLE 2000 0 2000 Vanguard Mid Cap ETF (VO) ETF 922908629 1086891 4350 SH SOLE 2175 0 2175 Vanguard S&P 500 ETF (VOO) ETF 922908363 14343914 29840 SH SOLE 14920 0 14920 Vanguard Small Cap Growth (VBK ETF 922908595 3498862 13420 SH SOLE 6710 0 6710 iShares S&P US Preferred Stock ETF 464288687 4168950 129350 SH SOLE 64675 0 64675 iShares Trust S&P 500 Index (I ETF 464287200 2319521 4412 SH SOLE 2206 0 2206 IShares S&P Global 100 ETF (IO ETF 464287572 1795353 20080 SH SOLE 10040 0 10040 Ishares Int'l Select Dividend ETF 464288448 614356 21910 SH SOLE 10955 0 10955 Ishares MSCI Ireland ETF (EIRL ETF 46429B507 817534 11790 SH SOLE 5895 0 5895 SPDR International Dividend ET ETF 78463X772 424542 12078 SH SOLE 6039 0 6039 Schwab Emerging Markets ETF (S ETF 808524706 2256087 89350 SH SOLE 44675 0 44675 Schwab International Equity ET ETF 808524805 15109661 387229 SH SOLE 193614 0 193614 Vanguard Total World Stock Mar ETF 922042742 489515 4430 SH SOLE 2215 0 2215 iShares MSCI Canada Index Fund ETF 464286509 424142 11080 SH SOLE 5540 0 5540 iShares TR MSCI EAFE Fd (EFA) ETF 464287465 2899778 36311 SH SOLE 18155 0 18155