0001608057-22-000002.txt : 20220119 0001608057-22-000002.hdr.sgml : 20220119 20220119151907 ACCESSION NUMBER: 0001608057-22-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20220119 DATE AS OF CHANGE: 20220119 EFFECTIVENESS DATE: 20220119 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: 22538448 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 13F-HR LIVE false false false 0001608057 XXXXXXXX 12-31-2021 12-31-2021 Curbstone Financial Management Corp

741 CHESTNUT STREET MANCHESTER NH 03104

13F HOLDINGS REPORT 028-16150 N Thomas M. Lewry 6036248462 Thomas M. Lewry MANCHESTER NH 01-19-2022 0 205 565535 false INFORMATION TABLE 2 123121.xml Barings Corporate Investors (M BDFUND 06759X107 6651 416186 SH SOLE 208093 0 208093 Barings Participation Inv (MPV BDFUND 06761A103 1072 72416 SH SOLE 36208 0 36208 IShares 0-5 Year Tips ETF (STI BDFUND 46429B747 3213 30350 SH SOLE 15175 0 15175 IShares Barclays MBS Bond ETF BDFUND 464288588 601 5590 SH SOLE 2795 0 2795 IShares Core 1-5 Year Bond ETF BDFUND 46432F859 484 9600 SH SOLE 4800 0 4800 IShares Dec 2023 Muni Bond ETF BDFUND 46435G318 925 35700 SH SOLE 17850 0 17850 IShares Muni Bond 2024 ETF (IB BDFUND 46435U697 798 29750 SH SOLE 14875 0 14875 Income Fund of America (AMECX) BDFUND 453320103 440 17016 SH SOLE 8508 0 8508 Invesco Bullet Shares 2022 (BS BDFUND 46138J882 4993 233420 SH SOLE 116710 0 116710 Invesco Bulletshares 2023 Corp BDFUND 46138J866 6367 296700 SH SOLE 148350 0 148350 Invesco Bulletshares 2024 (BSC BDFUND 46138J841 5709 261530 SH SOLE 130765 0 130765 Invesco Bulletshares 2025 Corp BDFUND 46138J825 1060 48420 SH SOLE 24210 0 24210 Invesco Bulletshares 2026 Corp BDFUND 46138J791 435 20540 SH SOLE 10270 0 10270 Invesco Bulletshares Corp 2027 BDFUND 46138J783 405 18790 SH SOLE 9395 0 9395 Metropolitan West Total Return BDFUND 592905103 386 35359 SH SOLE 17680 0 17680 SPDR Int Corporate Bond ETF (S BDFUND 78464A375 1505 41620 SH SOLE 20810 0 20810 SPDR Inv't Grade Floating Rate BDFUND 78468R200 17670 577650 SH SOLE 288825 0 288825 SPDR Nuveen Barclays Shrt Term BDFUND 78468R739 3953 80374 SH SOLE 40187 0 40187 SPDR Nuveen Bloomberg Municipa BDFUND 78468R721 1743 33700 SH SOLE 16850 0 16850 SPDR Portfolio Corporate Bond BDFUND 78464A144 420 12070 SH SOLE 6035 0 6035 SPDR ST Corp Bond ETF (SPSB) BDFUND 78464A474 527 17020 SH SOLE 8510 0 8510 Schwab Aggregate Bond ETF (SCH BDFUND 808524839 6411 118950 SH SOLE 59475 0 59475 Schwab US Tips ETF (SCHP) BDFUND 808524870 7566 120300 SH SOLE 60150 0 60150 VanEck Vectors Shrt Mun ETF (S BDFUND 92189F528 1470 82100 SH SOLE 41050 0 41050 Vanguard Intermediate Corp Bon BDFUND 92206C870 14338 154572 SH SOLE 77286 0 77286 Vanguard ST Corp Bond ETF (VCS BDFUND 92206C409 36443 448472 SH SOLE 224236 0 224236 Vanguard Tax-Exempt Bond Index BDFUND 922907746 1266 23050 SH SOLE 11525 0 11525 iShares 1-5 yr Inv Grade Corp BDFUND 464288646 11326 210210 SH SOLE 105105 0 105105 iShares National Muni Bond (MU BDFUND 464288414 11881 102180 SH SOLE 51090 0 51090 iShares Short Term Nat'l Muni BDFUND 464288158 8165 76050 SH SOLE 38025 0 38025 iShares TIPS Bond Fund (TIP) BDFUND 464287176 6614 51188 SH SOLE 25594 0 25594 Healthpeak Prop (PEAK) REIT 42250P103 1599 44300 SH SOLE 22150 0 22150 Schwab REIT ETF (SCHH) REIT 808524847 1433 27200 SH SOLE 13600 0 13600 Vanguard REIT Index ETF (VNQ) REIT 922908553 1296 11170 SH SOLE 5585 0 5585 Weyerhauser (WY) REIT 962166104 4150 100770 SH SOLE 50385 0 50385 3M Company (MMM) COM 88579Y101 1284 7230 SH SOLE 3615 0 3615 A F L A C Inc. (AFL) COM 001055102 1168 20000 SH SOLE 10000 0 10000 AT&T Inc. (T) COM 00206R102 1037 42160 SH SOLE 21080 0 21080 Abbott Laboratories (ABT) COM 002824100 4435 31512 SH SOLE 15756 0 15756 Abbvie Inc (ABBV) COM 00287Y109 2391 17657 SH SOLE 8828 0 8828 Accenture PLC (ACN) COM G1151C101 1331 3210 SH SOLE 1605 0 1605 Advanced Micro Devices Inc (AM COM 007903107 1062 7380 SH SOLE 3690 0 3690 Aerovironment (AVAV) COM 008073108 513 8270 SH SOLE 4135 0 4135 Air Prod & Chemicals (APD) COM 009158106 561 1844 SH SOLE 922 0 922 Alphabet Class A (GOOGL) COM 02079K305 1547 534 SH SOLE 267 0 267 Alphabet Class C (GOOG) COM 02079K107 7986 2760 SH SOLE 1380 0 1380 Amazon Com Inc (AMZN) COM 023135106 6855 2056 SH SOLE 1028 0 1028 Amcor PLC ADR (AMCR) COM Q03080100 872 72622 SH SOLE 36311 0 36311 Amgen Incorporated (AMGN) COM 031162100 468 2080 SH SOLE 1040 0 1040 Apple Computer (AAPL) COM 037833100 17042 95972 SH SOLE 47986 0 47986 Auto Data Processing (ADP) COM 053015103 1096 4446 SH SOLE 2223 0 2223 Autodesk Inc. (ADSK) COM 052769106 3012 10710 SH SOLE 5355 0 5355 BWX Technologies (BWXT) COM 05605H100 548 11450 SH SOLE 5725 0 5725 Bank of America Corp. (BAC) COM 060505104 943 21196 SH SOLE 10598 0 10598 Bank of Montreal (BMO) COM 063671101 1566 14534 SH SOLE 7267 0 7267 Bank of New York (BK) COM 064058100 584 10050 SH SOLE 5025 0 5025 Baxter Int'l (BAX) COM 071813109 479 5580 SH SOLE 2790 0 2790 Becton Dickinson (BDX) COM 075887109 606 2408 SH SOLE 1204 0 1204 Berkshire Hathaway Cl B (BRKB) COM 084670702 3471 11610 SH SOLE 5805 0 5805 Boeing Company (BA) COM 097023105 587 2914 SH SOLE 1457 0 1457 Bristol-Myers Squibb (BMY) COM 110122108 1340 21484 SH SOLE 10742 0 10742 CSG Systems Int'l (CSGS) COM 126349109 1024 17770 SH SOLE 8885 0 8885 CVS Health Corp. (CVS) COM 126650100 3573 34636 SH SOLE 17318 0 17318 Canadian National Railway (CNI COM 136375102 461 3750 SH SOLE 1875 0 1875 Carrier Global Corp (CARR) COM 14448C104 1666 30708 SH SOLE 15354 0 15354 Celanese (CE) COM 150870103 2203 13110 SH SOLE 6555 0 6555 Check Point Software Tech (CHK COM M22465104 2316 19870 SH SOLE 9935 0 9935 Chevron Corp (CVX) COM 166764100 2212 18852 SH SOLE 9426 0 9426 Chewy (CHWY) COM 16679L109 1570 26620 SH SOLE 13310 0 13310 Cincinnati Financial (CINF) COM 172062101 739 6490 SH SOLE 3245 0 3245 Cisco Systems Inc. (CSCO) COM 17275R102 5530 87270 SH SOLE 43635 0 43635 Coca Cola Company (KO) COM 191216100 2000 33782 SH SOLE 16891 0 16891 Colgate-Palmolive Co. (CL) COM 194162103 1270 14878 SH SOLE 7439 0 7439 Comcast Corp NEW CL A (CMCSA) COM 20030N101 2475 49168 SH SOLE 24584 0 24584 Concentrix Corp (CNXC) COM 20602D101 982 5500 SH SOLE 2750 0 2750 Constellation Brands (STZ) COM 21036P108 455 1814 SH SOLE 907 0 907 DR Horton (DHI) COM 23331a109 1222 11270 SH SOLE 5635 0 5635 Danaher Corp (DHR) COM 235851102 1403 4264 SH SOLE 2132 0 2132 Disney Walt Hldg. Co. (DIS) COM 254687106 3945 25468 SH SOLE 12734 0 12734 Dominion Energy Inc (D) COM 25746U109 467 5950 SH SOLE 2975 0 2975 Duke Energy Corp. (DUK) COM 26441C204 769 7332 SH SOLE 3666 0 3666 ETFMG Prime Cyber Security ETF COM 26924G201 1737 28270 SH SOLE 14135 0 14135 Eaton Corporation (ETN) COM G29183103 446 2580 SH SOLE 1290 0 1290 Electronic Arts (EA) COM 285512109 406 3080 SH SOLE 1540 0 1540 Estee Lauder Companies, CL A ( COM 518439104 611 1650 SH SOLE 825 0 825 Exact Sciences (EXAS) COM 30063P105 1858 23870 SH SOLE 11935 0 11935 Exxon Mobil (XOM) COM 30231G102 3377 55194 SH SOLE 27597 0 27597 Fastenal Company (FAST) COM 311900104 840 13110 SH SOLE 6555 0 6555 General Mills, Inc. (GIS) COM 370334104 797 11824 SH SOLE 5912 0 5912 General Motors New (GM) COM 37045V100 543 9264 SH SOLE 4632 0 4632 Gilead Sciences Inc. (GILD) COM 375558103 439 6040 SH SOLE 3020 0 3020 Glaxosmithkline PLC ADRF (GSK) COM 37733W105 400 9076 SH SOLE 4538 0 4538 Globalstar Inc. (GSAT) COM 378973408 168 144580 SH SOLE 72290 0 72290 Graco Inc (GGG) COM 384109104 1250 15500 SH SOLE 7750 0 7750 Hamilton Beach Brands Cl A (HB COM 40701T104 971 67646 SH SOLE 33823 0 33823 Hamilton Beach Brands Cl B Res COM 40701T203 997 69452 SH SOLE 34726 0 34726 Hologic Inc (HOLX) COM 436440101 1965 25666 SH SOLE 12833 0 12833 Home Depot Inc. (HD) COM 437076102 3930 9470 SH SOLE 4735 0 4735 Honeywell International (HON) COM 438516106 2048 9822 SH SOLE 4911 0 4911 Hormel Foods (HRL) COM 440452100 1391 28501 SH SOLE 14251 0 14251 Hyster-Yale Materials Handling COM 449172105 2485 60472 SH SOLE 30236 0 30236 Illinois Tool Works Inc (ITW) COM 452308109 1626 6590 SH SOLE 3295 0 3295 Illumina (ILMN) COM 452327109 513 1348 SH SOLE 674 0 674 Intel Corp. (INTC) COM 458140100 3970 77078 SH SOLE 38539 0 38539 Intl Business Machines (IBM) COM 459200101 455 3404 SH SOLE 1702 0 1702 Invesco Water Resource Port (P COM 46137V142 1722 28300 SH SOLE 14150 0 14150 J P Morgan Chase & Co (JPM) COM 46625H100 4069 25698 SH SOLE 12849 0 12849 J.M. Smuckers Co (SJM) COM 832696405 1840 13550 SH SOLE 6775 0 6775 Johnson & Johnson (JNJ) COM 478160104 5052 29530 SH SOLE 14765 0 14765 Kohlberg Kravis & Co (KKR) COM 48251W104 4384 58850 SH SOLE 29425 0 29425 Korn Ferry International (KFY) COM 500643200 769 10150 SH SOLE 5075 0 5075 Landstar System (LSTR) COM 515098101 690 3856 SH SOLE 1928 0 1928 LeMaitre Vascular (LMAT) COM 525558201 495 9850 SH SOLE 4925 0 4925 Lilly Eli & Company (LLY) COM 532457108 2678 9696 SH SOLE 4848 0 4848 Lowes Companies Inc. (LOW) COM 548661107 843 3260 SH SOLE 1630 0 1630 McDonalds Corp (MCD) COM 580135101 1488 5552 SH SOLE 2776 0 2776 Merck & Co Inc. (MRK) COM 589331107 2138 27902 SH SOLE 13951 0 13951 Microsoft Corp. (MSFT) COM 594918104 10098 30024 SH SOLE 15012 0 15012 Mondelez (MDLZ) COM 609207105 459 6920 SH SOLE 3460 0 3460 Moodys Corp. (MCO) COM 615369105 742 1900 SH SOLE 950 0 950 Morgan Stanley (MS) COM 617446448 590 6012 SH SOLE 3006 0 3006 Nacco Inds Inc CL A (NC) COM 629579103 935 25776 SH SOLE 12888 0 12888 NextEra Energy (NEE) COM 65339F101 2158 23118 SH SOLE 11559 0 11559 Norfolk Southern Cop (NSC) COM 655844108 640 2150 SH SOLE 1075 0 1075 Oracle Corp. (ORCL) COM 68389X105 1537 17624 SH SOLE 8812 0 8812 Otis Worldwide (OTIS) COM 68902V107 708 8126 SH SOLE 4063 0 4063 PNC Financial Services (PNC) COM 693475105 540 2694 SH SOLE 1347 0 1347 PayPal Holdings (PYPL) COM 70450Y103 670 3554 SH SOLE 1777 0 1777 PepsiCo Inc. (PEP) COM 713448108 4616 26572 SH SOLE 13286 0 13286 Pfizer Inc (PFE) COM 717081103 3880 65701 SH SOLE 32850 0 32850 Phillips 66 (PSX) COM 718546104 1323 18256 SH SOLE 9128 0 9128 Procter & Gamble (PG) COM 742718109 3702 22634 SH SOLE 11317 0 11317 Qualcomm Inc. (QCOM) COM 747525103 445 2432 SH SOLE 1216 0 1216 ROBO Gbl Robotics & Auto'n ETF COM 301505707 1673 23860 SH SOLE 11930 0 11930 Raytheon Technologies (RTX) COM 75513E101 2880 33470 SH SOLE 16735 0 16735 Regions Financial Corp (RF) COM 7591EP100 552 25300 SH SOLE 12650 0 12650 SPDR Biotech ETF (XBI) COM 78464A870 442 3950 SH SOLE 1975 0 1975 SYNNEX Corp (SNX) COM 87162W100 743 6500 SH SOLE 3250 0 3250 Salesforce.com (CRM) COM 79466L302 1336 5256 SH SOLE 2628 0 2628 Scotts Company (SMG) COM 810186106 1116 6930 SH SOLE 3465 0 3465 Smith & Nephew (SNN) COM 83175M205 1009 29150 SH SOLE 14575 0 14575 Sonoco Products (SON) COM 835495102 1881 32500 SH SOLE 16250 0 16250 Southwest Airlines (LUV) COM 844741108 1150 26850 SH SOLE 13425 0 13425 Sprouts Farmers Markets (SFM) COM 85208M102 426 14340 SH SOLE 7170 0 7170 Standard Motor Products (SMP) COM 853666105 807 15402 SH SOLE 7701 0 7701 Starbucks Corp. (SBUX) COM 855244109 1143 9770 SH SOLE 4885 0 4885 State Street Corp (STT) COM 857477103 809 8700 SH SOLE 4350 0 4350 Stryker Corp. (SYK) COM 863667101 701 2620 SH SOLE 1310 0 1310 Sysco Corp. (SYY) COM 871829107 2567 32682 SH SOLE 16341 0 16341 T Rowe Price Group (TROW) COM 74144T108 1250 6356 SH SOLE 3178 0 3178 TJX Cos Inc (TJX) COM 872540109 4340 57172 SH SOLE 28586 0 28586 Taiwan Semiconductor ADRF Spon COM 874039100 1696 14100 SH SOLE 7050 0 7050 Target Corporation (TGT) COM 87612E106 2307 9968 SH SOLE 4984 0 4984 Tesla Inc (TSLA) COM 88160R101 995 942 SH SOLE 471 0 471 Texas Instruments Inc (TXN) COM 882508104 1319 7000 SH SOLE 3500 0 3500 The Blackstone Group (BX) COM 09260D107 761 5880 SH SOLE 2940 0 2940 The Trade Desk Inc (TTD) COM 88339J105 1123 12250 SH SOLE 6125 0 6125 Trex Inc (TREX) COM 89531P105 3851 28520 SH SOLE 14260 0 14260 Truist Financial (TFC) COM 89832Q109 449 7662 SH SOLE 3831 0 3831 Tyler Technologies (TYL) COM 902252105 409 760 SH SOLE 380 0 380 Tyson Foods (TSN) COM 902494103 471 5400 SH SOLE 2700 0 2700 US Bancorp (USB) COM 902973304 2685 47806 SH SOLE 23903 0 23903 Ulta Beauty (ULTA) COM 903845303 2033 4930 SH SOLE 2465 0 2465 Unilever PLC ADR New F (UL) COM 904767704 1053 19578 SH SOLE 9789 0 9789 Union Pacific Corp. (UNP) COM 907818108 870 3454 SH SOLE 1727 0 1727 Unitedhealth Group Inc. (UNH) COM 91324P102 1648 3282 SH SOLE 1641 0 1641 Vericel (VCEL) COM 92346J108 417 10600 SH SOLE 5300 0 5300 Verisk Analytics (VRSK) COM 92345Y106 2715 11870 SH SOLE 5935 0 5935 Verizon Communications (VZ) COM 92343V104 2424 46656 SH SOLE 23328 0 23328 Visa Inc (V) COM 92826C839 2720 12550 SH SOLE 6275 0 6275 WD 40 Co (WDFC) COM 929236107 2507 10246 SH SOLE 5123 0 5123 WalMart Inc. (WMT) COM 931142103 734 5070 SH SOLE 2535 0 2535 Zimmer Biomet Holdings Inc. (Z COM 98956P102 714 5618 SH SOLE 2809 0 2809 Zoetis Inc (ZTS) COM 98978V103 3128 12820 SH SOLE 6410 0 6410 IShares S&P 100 Index (OEF) ETF 464287101 975 4450 SH SOLE 2225 0 2225 Invesco S&P 500 Equal Weighted ETF 46137V357 5361 32937 SH SOLE 16469 0 16469 Invesco S&P 500 Low Vol ETF (S ETF 46138E354 832 12130 SH SOLE 6065 0 6065 Invesco SP500 Hi Div Low Vol ( ETF 46138E362 743 16400 SH SOLE 8200 0 8200 SPDR S&P Dividend ETF (SDY) ETF 78464A763 955 7400 SH SOLE 3700 0 3700 SPDR S&P Midcap 400 (MDY) ETF 78467Y107 18879 36469 SH SOLE 18234 0 18234 SPDR Trust S&P 500 (SPY) ETF 78462F103 1292 2721 SH SOLE 1361 0 1361 Schwab Large Cap Growth ETF (S ETF 808524300 11702 71461 SH SOLE 35730 0 35730 Schwab Large Cap US ETF (SCHX) ETF 808524201 4521 39720 SH SOLE 19860 0 19860 Schwab US Broad Market ETF (SC ETF 808524102 7999 70784 SH SOLE 35392 0 35392 Schwab US Dividend Equity (SCH ETF 808524797 4341 53710 SH SOLE 26855 0 26855 Schwab US Mid Cap ETF (SCHM) ETF 808524508 14546 180850 SH SOLE 90425 0 90425 Schwab US Small Cap ETF (SCHA) ETF 808524607 10133 98956 SH SOLE 49478 0 49478 Vanguard Extended Market Index ETF 922908652 2893 15820 SH SOLE 7910 0 7910 Vanguard High Dividend Yield E ETF 921946406 503 4490 SH SOLE 2245 0 2245 Vanguard Mid Cap ETF (VO) ETF 922908629 841 3300 SH SOLE 1650 0 1650 Vanguard S&P 500 ETF (VOO) ETF 922908363 11796 27020 SH SOLE 13510 0 13510 Vanguard Small Cap Growth (VBK ETF 922908595 3804 13500 SH SOLE 6750 0 6750 iShares S&P US Preferred Stock ETF 464288687 5588 141710 SH SOLE 70855 0 70855 Emerging Markets Internet/Ecom ETF 301505889 755 17600 SH SOLE 8800 0 8800 IShares Min Volatility EAFE In ETF 43429B689 713 9290 SH SOLE 4645 0 4645 IShares S&P Global 100 ETF (IO ETF 464287572 1892 24250 SH SOLE 12125 0 12125 Ishares Int'l Select Dividend ETF 464288448 655 21010 SH SOLE 10505 0 10505 Ishares MSCI Ireland ETF (EIRL ETF 46429B507 957 16790 SH SOLE 8395 0 8395 SPDR International Dividend ET ETF 78463X772 596 15328 SH SOLE 7664 0 7664 Schwab Emerging Markets ETF (S ETF 808524706 4381 147900 SH SOLE 73950 0 73950 Schwab Int'l Small Cap Equity ETF 808524888 417 10200 SH SOLE 5100 0 5100 Schwab International Equity ET ETF 808524805 16170 416000 SH SOLE 208000 0 208000 Vanguard Total World Stock Mar ETF 922042742 848 7890 SH SOLE 3945 0 3945 iShares MSCI Canada Index Fund ETF 464286509 568 14780 SH SOLE 7390 0 7390 iShares TR MSCI EAFE Fd (EFA) ETF 464287465 3210 40803 SH SOLE 20401 0 20401