President

0001631775-18-000003.txt : 20180810 0001631775-18-000003.hdr.sgml : 20180810 20180809190518 ACCESSION NUMBER: 0001631775-18-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180630 FILED AS OF DATE: 20180810 DATE AS OF CHANGE: 20180809 EFFECTIVENESS DATE: 20180810 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: 181006744 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 06-30-2018 06-30-2018 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 08-09-2018 0 109 95547 false INFORMATION TABLE 2 godshalk2q18.xml 3M Company COM 88579Y101 740 3760 SH SOLE 0 0 3760 A T & T COM 00206R102 887 27637 SH SOLE 0 0 27637 Abbott Laboratories COM 002824100 238 3900 SH SOLE 0 0 3900 AbbVie Inc COM 00287Y109 714 7708 SH SOLE 0 0 7708 Alphabet Inc Cl A COM 02079K305 888 786 SH SOLE 0 0 786 Alphabet Inc Cl C COM 02079K107 821 736 SH SOLE 0 0 736 ALPS Alerian MLP ETF 00162Q866 137 13600 SH SOLE 0 0 13600 American Express COM 025816109 1340 13675 SH SOLE 0 0 13675 American Tower Corp COM 03027X100 799 5540 SH SOLE 0 0 5540 American Water Works Inc COM 030420103 435 5100 SH SOLE 0 0 5100 Anheuser-Busch InBev ADR ADR 03524A108 252 2500 SH SOLE 0 0 2500 Anthem Inc COM 036752103 200 840 SH SOLE 0 0 840 Apple Inc COM 037833100 2656 14350 SH SOLE 0 0 14350 Aqua America Inc COM 03836W103 1112 31610 SH SOLE 0 0 31610 Automatic Data Processing COM 053015103 1476 11000 SH SOLE 0 0 11000 Bank of America Corp COM 060505104 1395 49500 SH SOLE 0 0 49500 Bank of New York Mellon COM 064057100 1615 29950 SH SOLE 0 0 29950 Becton Dickinson & Co COM 075887109 1027 4285 SH SOLE 0 0 4285 Berkley W R Corporation COM 084423102 1439 19875 SH SOLE 0 0 19875 Berkshire Hathaway Inc Cl B COM 084670702 2358 12633 SH SOLE 0 0 12633 Berkshire Hills Bancorp COM 084680107 1328 32700 SH SOLE 0 0 32700 BHP Billiton Ltd ADR ADR 088606108 235 4700 SH SOLE 0 0 4700 Boeing Co COM 097023105 611 1820 SH SOLE 0 0 1820 BP PLC ADR ADR 055622104 296 6485 SH SOLE 0 0 6485 Brinker International Inc COM 109641100 580 12175 SH SOLE 0 0 12175 Bristol-Myers Squibb Co COM 110122108 219 3950 SH SOLE 0 0 3950 Chevron Corp COM 166764100 1593 12600 SH SOLE 0 0 12600 Cisco Systems Inc COM 17275R102 1935 44975 SH SOLE 0 0 44975 Citigroup Inc COM 172967424 363 5425 SH SOLE 0 0 5425 Clorox Company COM 189054109 453 3350 SH SOLE 0 0 3350 Coca-Cola Company COM 191216100 200 4550 SH SOLE 0 0 4550 Colgate-Palmolive Co COM 194162103 648 10000 SH SOLE 0 0 10000 Comcast Corp Class A COM 20030N101 463 14100 SH SOLE 0 0 14100 ConocoPhillips COM 20825C104 1511 21700 SH SOLE 0 0 21700 Consolidated Edison Inc COM 209115104 482 6175 SH SOLE 0 0 6175 Costco Wholesale Corp COM 22160K105 1811 8665 SH SOLE 0 0 8665 CSX Corp COM 126408103 789 12375 SH SOLE 0 0 12375 CVS Health Corporation COM 126650100 238 3705 SH SOLE 0 0 3705 DowDuPont COM 26078J100 664 10071 SH SOLE 0 0 10071 eBay Inc COM 278642103 258 7125 SH SOLE 0 0 7125 Ecolab Inc COM 278865100 897 6395 SH SOLE 0 0 6395 Exelon Corporation COM 30161N101 264 6200 SH SOLE 0 0 6200 Express Scripts Holding Co COM 30219G108 205 2650 SH SOLE 0 0 2650 Exxon Mobil Corporation COM 30231G102 610 7372 SH SOLE 0 0 7372 Genuine Parts Co COM 372460105 216 2350 SH SOLE 0 0 2350 GlaxoSmithKline PLC ADR ADR 37733W105 851 21100 SH SOLE 0 0 21100 Globus Medical Inc COM 379577208 2780 55088 SH SOLE 0 0 55088 Harris Corporation COM 413875105 746 5160 SH SOLE 0 0 5160 Home Depot COM 437076102 1844 9450 SH SOLE 0 0 9450 IdaCorp Incorporated COM 451107106 677 7336 SH SOLE 0 0 7336 Intel Corp COM 458140100 482 9700 SH SOLE 0 0 9700 Intl Business Machines COM 459200101 279 2000 SH SOLE 0 0 2000 Intuit Inc COM 461202103 2573 12595 SH SOLE 0 0 12595 Invesco Preferred ETF 46138E511 1932 132700 SH SOLE 0 0 132700 Invesco QQQ Trust ETF 46090E107 309 1800 SH SOLE 0 0 1800 Invesco S&P 500 Eq Wt ETF 46137V357 336 3300 SH SOLE 0 0 3300 iShares Barclays 1-3 Yr US Cre ETF 464288646 283 2730 SH SOLE 0 0 2730 iShares MSCI EmergMkt Min Vol ETF 464286533 390 6750 SH SOLE 0 0 6750 iShares Russell 2000 Index ETF 464287655 2080 12703 SH SOLE 0 0 12703 Johnson & Johnson COM 478160104 1720 14175 SH SOLE 0 0 14175 JP Morgan Chase & Co COM 46625H100 865 8300 SH SOLE 0 0 8300 Lockheed Martin COM 539830109 399 1350 SH SOLE 0 0 1350 Lowes Companies Inc COM 548661107 1209 12650 SH SOLE 0 0 12650 M & T Bank Corporation COM 55261F104 204 1200 SH SOLE 0 0 1200 Masco Corp COM 574599106 471 12600 SH SOLE 0 0 12600 McDonalds Corp COM 580135101 709 4525 SH SOLE 0 0 4525 Merck & Co COM 58933Y105 1748 28803 SH SOLE 0 0 28803 MetLife, Inc COM 59156R108 630 14450 SH SOLE 0 0 14450 Microsoft Corporation COM 594918104 3989 40450 SH SOLE 0 0 40450 Mondelez Intl Inc Cl A COM 609207105 768 18725 SH SOLE 0 0 18725 NextEra Energy Inc COM 65339F101 493 2950 SH SOLE 0 0 2950 Oracle Corp COM 68389X105 1304 29600 SH SOLE 0 0 29600 Paychex Inc COM 704326107 1714 25070 SH SOLE 0 0 25070 PayPal Holdings Inc COM 70450Y103 1686 20250 SH SOLE 0 0 20250 Pepsico Inc COM 713448108 1208 11100 SH SOLE 0 0 11100 Pfizer Inc COM 717081103 952 26231 SH SOLE 0 0 26231 Phillips 66 COM 718546104 727 6475 SH SOLE 0 0 6475 Procter & Gamble COM 742718109 1526 19555 SH SOLE 0 0 19555 Quest Diagnostics Inc COM 74834L100 456 4150 SH SOLE 0 0 4150 Raytheon Company COM 755111507 348 1800 SH SOLE 0 0 1800 RPM International COM 749685103 639 10955 SH SOLE 0 0 10955 Schlumberger Ltd COM 806857108 334 4980 SH SOLE 0 0 4980 Schwab US Small-Cap ETF 808524607 206 2795 SH SOLE 0 0 2795 Scotts Miracle-Gro Co COM 810186106 622 7475 SH SOLE 0 0 7475 SPDR S&P 500 ETF 78462F103 603 2223 SH SOLE 0 0 2223 Starbucks Corp COM 855244109 542 11100 SH SOLE 0 0 11100 State Street Corp COM 857477103 242 2600 SH SOLE 0 0 2600 Stericycle Inc COM 858912108 451 6900 SH SOLE 0 0 6900 Sysco Corporation COM 871829107 1941 28420 SH SOLE 0 0 28420 Target Corporation COM 87612E110 750 9850 SH SOLE 0 0 9850 TJX Companies Inc COM 872540109 507 5325 SH SOLE 0 0 5325 U S Bancorp COM 902973304 225 4500 SH SOLE 0 0 4500 UGI Corporation COM 902681105 258 4950 SH SOLE 0 0 4950 United Parcel Service Inc COM 911312106 962 9055 SH SOLE 0 0 9055 United Technologies Corp COM 913017109 920 7360 SH SOLE 0 0 7360 UnitedHealth Group Inc COM 91324P102 877 3575 SH SOLE 0 0 3575 V F Corporation COM 918204108 648 7950 SH SOLE 0 0 7950 Valero Energy Corp COM 91913Y100 477 4300 SH SOLE 0 0 4300 Vanguard Div Appreciation ETF 921908844 954 9391 SH SOLE 0 0 9391 Vanguard Short Term Bond Index ETF 921937827 864 11050 SH SOLE 0 0 11050 Verizon Communications COM 92343V104 1024 20363 SH SOLE 0 0 20363 Vgd Int Term Bond Index Fund ETF 921937819 885 10935 SH SOLE 0 0 10935 Visa Inc COM 92826C839 675 5100 SH SOLE 0 0 5100 Vodafone Group ADR ADR 92857W308 225 9250 SH SOLE 0 0 9250 Wal-Mart Stores Inc COM 931142103 358 4180 SH SOLE 0 0 4180 Waste Management Inc COM 94106L109 1022 12570 SH SOLE 0 0 12570 Wells Fargo & Company COM 949746101 488 8800 SH SOLE 0 0 8800 Yum Brands Inc COM 988498101 546 6975 SH SOLE 0 0 6975 Zoetis Inc COM 98978V103 1216 14275 SH SOLE 0 0 14275