President

0001631775-19-000004.txt : 20191112 0001631775-19-000004.hdr.sgml : 20191112 20191112153714 ACCESSION NUMBER: 0001631775-19-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191112 DATE AS OF CHANGE: 20191112 EFFECTIVENESS DATE: 20191112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Godshalk Welsh Capital Management, Inc. CENTRAL INDEX KEY: 0001631775 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: 191208932 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 13F-HR LIVE false false false 0001631775 XXXXXXXX 09-30-2019 09-30-2019 Godshalk Welsh Capital Management, Inc.

170 N. RADNOR CHESTER ROAD SUITE 100 RADNOR PA 19087

13F HOLDINGS REPORT 028-16414 N Matthew W. Welsh President (610)-971-1079 Matthew W. Welsh Radnor PA 11-12-2019 0 109 113134 false INFORMATION TABLE 2 god3q19.xml 3M Company COM 88579Y101 573 3485 SH SOLE 0 0 3485 A T & T COM 00206R102 1271 33587 SH SOLE 0 0 33587 Abbott Laboratories COM 002824100 310 3700 SH SOLE 0 0 3700 AbbVie Inc COM 00287Y109 569 7508 SH SOLE 0 0 7508 Alphabet Inc Cl A COM 02079K305 1370 1122 SH SOLE 0 0 1122 Alphabet Inc Cl C COM 02079K107 928 761 SH SOLE 0 0 761 American Electric Power Co COM 025537101 201 2150 SH SOLE 0 0 2150 American Express COM 025816109 1639 13854 SH SOLE 0 0 13854 American Tower Corp COM 03027X100 1253 5665 SH SOLE 0 0 5665 American Water Works Inc COM 030420103 646 5200 SH SOLE 0 0 5200 Apple Inc COM 037833100 3120 13932 SH SOLE 0 0 13932 Aqua America Inc COM 03836W103 1392 31048 SH SOLE 0 0 31048 Automatic Data Processing COM 053015103 1751 10850 SH SOLE 0 0 10850 Bank of America Corp COM 060505104 1534 52575 SH SOLE 0 0 52575 Bank of New York Mellon COM 064057100 1169 25850 SH SOLE 0 0 25850 Becton Dickinson & Co COM 075887109 1071 4235 SH SOLE 0 0 4235 Berkley W R Corporation COM 084423102 2225 30799 SH SOLE 0 0 30799 Berkshire Hathaway Inc Cl B COM 084670702 2602 12508 SH SOLE 0 0 12508 BHP Billiton Ltd ADR ADR 088606108 252 5100 SH SOLE 0 0 5100 Boeing Co COM 097023105 527 1385 SH SOLE 0 0 1385 Brinker International Inc COM 109641100 372 8725 SH SOLE 0 0 8725 Bristol-Myers Squibb Co COM 110122108 238 4700 SH SOLE 0 0 4700 Chevron Corp COM 166764100 1574 13275 SH SOLE 0 0 13275 Cisco Systems Inc COM 17275R102 2209 44702 SH SOLE 0 0 44702 Citigroup Inc COM 172967424 485 7025 SH SOLE 0 0 7025 Clorox Company COM 189054109 501 3300 SH SOLE 0 0 3300 Coca-Cola Company COM 191216100 226 4150 SH SOLE 0 0 4150 Colgate-Palmolive Co COM 194162103 724 9850 SH SOLE 0 0 9850 Comcast Corp Class A COM 20030N101 802 17800 SH SOLE 0 0 17800 ConocoPhillips COM 20825C104 1320 23165 SH SOLE 0 0 23165 Consolidated Edison Inc COM 209115104 564 5975 SH SOLE 0 0 5975 Costco Wholesale Corp COM 22160K105 2389 8291 SH SOLE 0 0 8291 CSX Corp COM 126408103 828 11950 SH SOLE 0 0 11950 CVS Health Corporation COM 126650100 603 9555 SH SOLE 0 0 9555 Danaher Corp COM 235851102 267 1850 SH SOLE 0 0 1850 Disney (Walt) Company COM 254687106 200 1537 SH SOLE 0 0 1537 DuPont de Nemours Inc COM 26614N102 419 5875 SH SOLE 0 0 5875 Ecolab Inc COM 278865100 1222 6170 SH SOLE 0 0 6170 Exxon Mobil Corporation COM 30231G102 492 6972 SH SOLE 0 0 6972 Genuine Parts Co COM 372460105 212 2125 SH SOLE 0 0 2125 GlaxoSmithKline PLC ADR ADR 37733W105 1033 24200 SH SOLE 0 0 24200 Globus Medical Inc COM 379577208 4259 83305 SH SOLE 0 0 83305 Hershey Company COM 427866108 325 2100 SH SOLE 0 0 2100 Home Depot Inc COM 437076102 2005 8641 SH SOLE 0 0 8641 IdaCorp Incorporated COM 451107106 827 7336 SH SOLE 0 0 7336 Intel Corp COM 458140100 642 12455 SH SOLE 0 0 12455 Intl Flavors & Fragrances COM 459506101 458 3735 SH SOLE 0 0 3735 Intuit Inc COM 461202103 3098 11650 SH SOLE 0 0 11650 Invesco Preferred ETF 46138E511 1978 131658 SH SOLE 0 0 131658 Invesco QQQ Trust ETF 46090E103 340 1800 SH SOLE 0 0 1800 Invesco S&P 500 Eq Wt ETF 46137V357 754 6975 SH SOLE 0 0 6975 iShares Core Moderate Allocati ETF 464289875 204 5200 SH SOLE 0 0 5200 iShares Core MSCI EAFE ETF 46432F842 1081 17700 SH SOLE 0 0 17700 iShares MSCI EAFE Index ETF 464287465 293 4500 SH SOLE 0 0 4500 iShares MSCI EmergMkt Min Vol ETF 464286533 442 7750 SH SOLE 0 0 7750 iShares Russell 2000 Index ETF 464287655 1877 12405 SH SOLE 0 0 12405 iShares Short Term Corporate ETF 464288646 272 5060 SH SOLE 0 0 5060 Johnson & Johnson COM 478160104 1809 13981 SH SOLE 0 0 13981 JP Morgan Chase & Co COM 46625H100 949 8060 SH SOLE 0 0 8060 Kimberly-Clark Corp COM 494368103 264 1862 SH SOLE 0 0 1862 L3Harris Technologies Inc COM 502431109 1051 5035 SH SOLE 0 0 5035 Lockheed Martin Corp COM 539830109 507 1300 SH SOLE 0 0 1300 Lowes Companies Inc COM 548661107 1373 12485 SH SOLE 0 0 12485 Masco Corp COM 574599106 336 8050 SH SOLE 0 0 8050 Mastercard Inc COM 57636Q104 258 950 SH SOLE 0 0 950 McDonalds Corp COM 580135101 972 4525 SH SOLE 0 0 4525 Merck & Co COM 58933Y105 2254 26778 SH SOLE 0 0 26778 MetLife Inc COM 59156R108 648 13750 SH SOLE 0 0 13750 Microsoft Corporation COM 594918104 5242 37704 SH SOLE 0 0 37704 Mondelez Intl Inc Cl A COM 609207105 967 17475 SH SOLE 0 0 17475 NextEra Energy Inc COM 65339F101 629 2700 SH SOLE 0 0 2700 Oracle Corp COM 68389X105 1960 35610 SH SOLE 0 0 35610 Paychex Inc COM 704326107 2042 24670 SH SOLE 0 0 24670 PayPal Holdings Inc COM 70450Y103 1994 19250 SH SOLE 0 0 19250 Pepsico Inc COM 713448108 1455 10610 SH SOLE 0 0 10610 Pfizer Inc COM 717081103 976 27153 SH SOLE 0 0 27153 Phillips 66 COM 718546104 663 6475 SH SOLE 0 0 6475 Procter & Gamble COM 742718109 2380 19135 SH SOLE 0 0 19135 Quest Diagnostics Inc COM 74834L100 444 4150 SH SOLE 0 0 4150 Raytheon Company COM 755111507 353 1800 SH SOLE 0 0 1800 Republic Services Inc COM 760759100 203 2350 SH SOLE 0 0 2350 RPM International COM 749685103 757 11005 SH SOLE 0 0 11005 Scotts Miracle Group COM 810186106 613 6025 SH SOLE 0 0 6025 SPDR S&P 500 ETF 78462F103 583 1963 SH SOLE 0 0 1963 Starbucks Corp COM 855244109 1130 12775 SH SOLE 0 0 12775 Sysco Corporation COM 871829107 2247 28305 SH SOLE 0 0 28305 Target Corporation COM 87612E106 1053 9850 SH SOLE 0 0 9850 TJX Companies Inc COM 872540109 762 13675 SH SOLE 0 0 13675 U S Bancorp COM 902973304 279 5050 SH SOLE 0 0 5050 UGI Corporation COM 902681105 332 6610 SH SOLE 0 0 6610 UniFirst Corp COM 904708104 493 2525 SH SOLE 0 0 2525 Union Pacific Corp COM 907818108 219 1350 SH SOLE 0 0 1350 United Parcel Service Inc COM 911312106 1334 11130 SH SOLE 0 0 11130 United Technologies Corp COM 913017109 1043 7642 SH SOLE 0 0 7642 UnitedHealth Group Inc COM 91324P102 706 3250 SH SOLE 0 0 3250 V F Corporation COM 918204108 699 7850 SH SOLE 0 0 7850 Valero Energy Corp COM 91913Y100 686 8050 SH SOLE 0 0 8050 Vanguard Div Appreciation ETF 921908844 1192 9966 SH SOLE 0 0 9966 Vanguard Short Term Bond Index ETF 921937827 1006 12450 SH SOLE 0 0 12450 Verizon Communications COM 92343V104 1164 19282 SH SOLE 0 0 19282 Vgd Int Term Bond Index Fund ETF 921937819 1189 13510 SH SOLE 0 0 13510 Visa Inc COM 92826C839 872 5070 SH SOLE 0 0 5070 Walmart Inc COM 931142103 527 4440 SH SOLE 0 0 4440 Waste Management Inc COM 94106L109 1394 12120 SH SOLE 0 0 12120 WEC Energy Group COM 92939U106 204 2150 SH SOLE 0 0 2150 Wells Fargo Bank NA COM 949746101 376 7450 SH SOLE 0 0 7450 WideOpenWest Inc COM 96758W101 117 19000 SH SOLE 0 0 19000 YUM! Brands Inc COM 988498101 811 7150 SH SOLE 0 0 7150 Zoetis Inc COM 98978V103 1679 13475 SH SOLE 0 0 13475