Boyd Watterson Asset Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
2Seventy Bio Inc.	COM	901384107	384	41	SH		SOLE		41	0	0
3M Company	COM	88579Y101	275,096	2,294	SH		SOLE		2,294	0	0
ABB Ltd-Spon ADR	COM	000375204	23,576	774	SH		SOLE		774	0	0
Abbott Laboratories	COM	002824100	2,785,372	25,370	SH		SOLE		25,370	0	0
Abbvie Inc	COM	00287Y109	5,682,177	35,160	SH		SOLE		35,160	0	0
Accelleron Industries AG	COM	00449R109	745	36	SH		SOLE		36	0	0
Accenture PLC Cl-A	COM	G1151C101	5,070	19	SH		SOLE		19	0	0
Adient PLC	COM	G0084W101	624	18	SH		SOLE		18	0	0
Advansix Inc	COM	00773T101	1,863	49	SH		SOLE		49	0	0
Aflac Inc	COM	001055102	1,942	27	SH		SOLE		27	0	0
Air Products & Chemicals	COM	009158106	834,460	2,707	SH		SOLE		2,707	0	0
Akamai Technologies Inc	COM	00971T101	1,855	22	SH		SOLE		22	0	0
Alcoa Inc	COM	013872106	24,463	538	SH		SOLE		538	0	0
Alcon Inc.	COM	H01301128	3,153	46	SH		SOLE		46	0	0
Alliance Bernstein Hldg LP	COM	01881G106	16,498	480	SH		SOLE		480	0	0
Allianz SE Unsp ADR	COM	018820100	27,595	1,287	SH		SOLE		1,287	0	0
Alphabet Inc-CL A	COM	02079K305	5,412,558	61,346	SH		SOLE		61,346	0	0
Alphabet Inc-CL C	COM	02079K107	1,456,947	16,420	SH		SOLE		16,420	0	0
Altria Group Inc	COM	02209S103	52,201	1,142	SH		SOLE		1,142	0	0
Amazon.com Inc	COM	023135106	1,971,228	23,467	SH		SOLE		23,467	0	0
American Electric Power	COM	025537101	43,677	460	SH		SOLE		460	0	0
American Express Co	COM	025816109	4,113,464	27,841	SH		SOLE		27,841	0	0
American Financial Group 5.875 Pfd	PFD	025932807	19,793	876	SH		SOLE		876	0	0
American Intl Group	COM	026874784	253	4	SH		SOLE		4	0	0
American Tower Corp	COM	03027X100	2,754	13	SH		SOLE		13	0	0
Ameriprise Financial Inc	COM	03076C106	142,296	457	SH		SOLE		457	0	0
AmerisourceBergen Corp	COM	03073E105	29,331	177	SH		SOLE		177	0	0
Amgen Inc	COM	031162100	217,203	827	SH		SOLE		827	0	0
Anthem Inc	COM	036752103	28,726	56	SH		SOLE		56	0	0
Aon Plc - Class A	COM	G0403H108	41,419	138	SH		SOLE		138	0	0
Apollo Management 6.375 Pfd	PFD	037612504	13,014	600	SH		SOLE		600	0	0
Apple Inc	COM	037833100	6,186,254	47,612	SH		SOLE		47,612	0	0
Ares Capital Corp	COM	04010L103	3,140	170	SH		SOLE		170	0	0
AT & T Inc	COM	00206R102	86,122	4,678	SH		SOLE		4,678	0	0
AT&T Inc. 4.75 Pfd	PFD	00206R706	2,909	165	SH		SOLE		165	0	0
Automatic Data Processing	COM	053015103	3,583	15	SH		SOLE		15	0	0
Avalonbay Communities	COM	053484101	157,644	976	SH		SOLE		976	0	0
Avanos Medical Inc.	COM	05350V106	298	11	SH		SOLE		11	0	0
Avery Dennison Corp	COM	053611109	251,771	1,391	SH		SOLE		1,391	0	0
Aviat Networks Inc	COM	05366Y201	405	13	SH		SOLE		13	0	0
AXA Spons ADR	COM	054536107	25,388	913	SH		SOLE		913	0	0
BAE Systems PLC ADR	COM	05523R107	28,213	685	SH		SOLE		685	0	0
Bank of America Corp	COM	060505104	1,100,544	33,229	SH		SOLE		33,229	0	0
Bank of America Corp 5 Pfd	PFD	06055H202	2,442	125	SH		SOLE		125	0	0
Bank of New York Mellon	COM	064058100	169,980	3,734	SH		SOLE		3,734	0	0
Barnes Group Inc	COM	067806109	10,212	250	SH		SOLE		250	0	0
BASF SE ADR	COM	055262505	12,328	996	SH		SOLE		996	0	0
Bath & Body Works Inc.	COM	070830104	27,728	658	SH		SOLE		658	0	0
Becton Dickinson & Co	COM	075887109	72,984	287	SH		SOLE		287	0	0
Berkshire Hathaway Cl B	COM	084670702	85,565	277	SH		SOLE		277	0	0
BHP Limited Spons ADR	COM	088606108	22,834	368	SH		SOLE		368	0	0
BlackRock Inc	COM	09247X101	319,592	451	SH		SOLE		451	0	0
Bloom Energy Corp	COM	093712107	669,200	35,000	SH		SOLE		35,000	0	0
Bluebird Bio Inc	COM	09609G100	858	124	SH		SOLE		124	0	0
BNP Paribas ADR	COM	05565A202	11,338	399	SH		SOLE		399	0	0
Boeing Co	COM	097023105	939,687	4,933	SH		SOLE		4,933	0	0
Booking Holdings Inc.	COM	09857L108	1,495,338	742	SH		SOLE		742	0	0
Boston Properties Inc	COM	101121101	2,771	41	SH		SOLE		41	0	0
Bristol-Myers Squibb Co	COM	110122108	3,564,403	49,540	SH		SOLE		49,540	0	0
Broadcom Inc	COM	11135F101	4,441,134	7,943	SH		SOLE		7,943	0	0
Brunswick Corp 6.5 Pfd	PFD	117043406	225,419	9,338	SH		SOLE		9,338	0	0
Brunswick Corp 6.625 Pfd	PFD	117043505	21,531	871	SH		SOLE		871	0	0
Canon Inc SP ADR	COM	138006309	8,520	393	SH		SOLE		393	0	0
Canopy Growth Corp	COM	138035100	635	275	SH		SOLE		275	0	0
Capital One Financial Corp	COM	14040H105	15,710	169	SH		SOLE		169	0	0
Cardinal Health Inc	COM	14149Y108	39,819	518	SH		SOLE		518	0	0
Carnival Corp	COM	143658300	1,249	155	SH		SOLE		155	0	0
Carnival PLC ADR	COM	14365C103	1,424	198	SH		SOLE		198	0	0
Carrier Global	COM	14448C104	714,161	17,313	SH		SOLE		17,313	0	0
Caterpillar Inc	COM	149123101	2,589,164	10,808	SH		SOLE		10,808	0	0
Cedar Fair Ltd Partnership	COM	150185106	4,134	100	SH		SOLE		100	0	0
Centerpoint Energy	COM	15189T107	33,949	1,132	SH		SOLE		1,132	0	0
CH Robinson Worldwide Inc	COM	12541W209	824	9	SH		SOLE		9	0	0
Charles Schwab 4.45 Pfd	PFD	808513865	670,625	36,250	SH		SOLE		36,250	0	0
Charles Schwab Corp	COM	808513105	1,154,186	13,862	SH		SOLE		13,862	0	0
Charter Communications Inc	COM	16119P108	4,408	13	SH		SOLE		13	0	0
Chemours Co	COM	163851108	888	29	SH		SOLE		29	0	0
Chevron Corp	COM	166764100	3,432,618	19,124	SH		SOLE		19,124	0	0
Chipotle Mexican Grill Inc	COM	169656105	219,223	158	SH		SOLE		158	0	0
Chubb Ltd	COM	H1467J104	49,856	226	SH		SOLE		226	0	0
Cigna Corp	COM	125523100	1,475,457	4,453	SH		SOLE		4,453	0	0
Cincinnati Financial Corp	COM	172062101	34,915	341	SH		SOLE		341	0	0
Cisco Systems Inc	COM	17275R102	744,423	15,626	SH		SOLE		15,626	0	0
Citigroup Inc	COM	172967424	158,983	3,515	SH		SOLE		3,515	0	0
Cleveland - Cliffs Inc	COM	185899101	4,092	254	SH		SOLE		254	0	0
CMS Energy Corp	COM	125896100	2,470	39	SH		SOLE		39	0	0
Coca-Cola Co	COM	191216100	1,630,070	25,626	SH		SOLE		25,626	0	0
Cognizant Technology Cl A	COM	192446102	1,201	21	SH		SOLE		21	0	0
Colgate-Palmolive Co	COM	194162103	143,792	1,825	SH		SOLE		1,825	0	0
Comcast Corp-Class A	COM	20030N101	25,353	725	SH		SOLE		725	0	0
Conagra Inc	COM	205887102	16,680	431	SH		SOLE		431	0	0
ConocoPhillips	COM	20825C104	487,340	4,130	SH		SOLE		4,130	0	0
Consolidated Edison Inc	COM	209115104	32,310	339	SH		SOLE		339	0	0
Constellation Energy	COM	21037T109	14,397	167	SH		SOLE		167	0	0
Corning Inc	COM	219350105	3,992	125	SH		SOLE		125	0	0
Corporate Office Property	COM	22002T108	2,464	95	SH		SOLE		95	0	0
Corteva Inc.	COM	22052L104	12,520	213	SH		SOLE		213	0	0
CrowdStrike Holdings Inc	COM	22788C105	758,299	7,202	SH		SOLE		7,202	0	0
CSX Corp	COM	126408103	1,067,082	34,444	SH		SOLE		34,444	0	0
Cummins Inc	COM	231021106	613,813	2,533	SH		SOLE		2,533	0	0
CVS Health Corp	COM	126650100	131,864	1,415	SH		SOLE		1,415	0	0
Danaher Corp	COM	235851102	1,010,985	3,809	SH		SOLE		3,809	0	0
Darden Restaurants Inc	COM	237194105	54,364	393	SH		SOLE		393	0	0
Davita Inc	COM	23918K108	1,344	18	SH		SOLE		18	0	0
DBS Group Hldgs Ltd ADR	COM	23304Y100	28,831	285	SH		SOLE		285	0	0
Deere & Company	COM	244199105	12,863	30	SH		SOLE		30	0	0
Diageo PLC-Sponsored ADR	COM	25243Q205	25,659	144	SH		SOLE		144	0	0
Discover Financial Services	COM	254709108	16,925	173	SH		SOLE		173	0	0
Disney (Walt) Co/The	COM	254687106	132,840	1,529	SH		SOLE		1,529	0	0
Dominion Resources Inc	COM	25746U109	34,155	557	SH		SOLE		557	0	0
Donnelley Financial Solutions	COM	25787G100	2,937	76	SH		SOLE		76	0	0
Dover Corp	COM	260003108	1,625	12	SH		SOLE		12	0	0
Dow Inc	COM	260557103	19,602	389	SH		SOLE		389	0	0
Duke Energy Corp	COM	26441C204	71,784	697	SH		SOLE		697	0	0
Duke Energy Corp 5.75 Pfd	PFD	26441C501	2,954	125	SH		SOLE		125	0	0
DuPont De Nemours Inc	COM	26614N102	26,011	379	SH		SOLE		379	0	0
Eaton Corp PLC	COM	G29183103	3,547,070	22,600	SH		SOLE		22,600	0	0
Ebay Inc	COM	278642103	71,411	1,722	SH		SOLE		1,722	0	0
Edison International	COM	281020107	12,406	195	SH		SOLE		195	0	0
Embecta Corp	COM	29082K105	1,214	48	SH		SOLE		48	0	0
Emerson Electric Co	COM	291011104	1,271,883	13,241	SH		SOLE		13,241	0	0
Enbridge Inc	COM	29250N105	84,612	2,164	SH		SOLE		2,164	0	0
Energy Transfer Equity LP	COM	29273V100	13,401	1,129	SH		SOLE		1,129	0	0
Eni Spa-Sponsored ADR	COM	26874R108	7,595	265	SH		SOLE		265	0	0
Enterprise Products Part	COM	293792107	35,698	1,480	SH		SOLE		1,480	0	0
EOG Resources Inc	COM	26875P101	828,021	6,393	SH		SOLE		6,393	0	0
Equity Residential	COM	29476L107	35,400	600	SH		SOLE		600	0	0
Ericsson LM TEL-SP ADR	COM	294821608	10,547	1,806	SH		SOLE		1,806	0	0
Etsy Inc,	COM	29786A106	316,219	2,640	SH		SOLE		2,640	0	0
Exelon Corporation	COM	30161N101	211,049	4,882	SH		SOLE		4,882	0	0
Expedia Group Inc	COM	30212P303	92,593	1,057	SH		SOLE		1,057	0	0
Exxon Mobil Corp	COM	30231G102	5,141,936	46,618	SH		SOLE		46,618	0	0
Fastenal Co	COM	311900104	241,427	5,102	SH		SOLE		5,102	0	0
FedEx Corp	COM	31428X106	11,431	66	SH		SOLE		66	0	0
Fidelity National Info Serv	COM	31620M106	33,925	500	SH		SOLE		500	0	0
Fifth Third Bancorp	COM	316773100	36,485	1,112	SH		SOLE		1,112	0	0
Financial Sel Sec SPDR Fd	COM	81369Y605	17,100	500	SH		SOLE		500	0	0
First Republic Bank 4.125 Pfd	PFD	33616C761	2,000	125	SH		SOLE		125	0	0
First Republic Bank 5.5 Pfd	PFD	336158803	12,672	600	SH		SOLE		600	0	0
FirstEnergy	COM	337932107	14,973	357	SH		SOLE		357	0	0
Fiserv Inc	COM	337738108	16,171	160	SH		SOLE		160	0	0
Fluor Corp (New)	COM	343412102	4,021	116	SH		SOLE		116	0	0
Ford Motor Co 6.5 Pfd	PFD	345370811	2,969	125	SH		SOLE		125	0	0
Ford Motor Company	COM	345370860	31,134	2,677	SH		SOLE		2,677	0	0
Fortive Corp	COM	34959J108	5,140	80	SH		SOLE		80	0	0
Fortune Brands Innovations Inc.	COM	34964C106	7,025	123	SH		SOLE		123	0	0
Four Corners Property Trust	COM	35086T109	311	12	SH		SOLE		12	0	0
Freeport-McMoran Copper-B	COM	35671D857	5,472	144	SH		SOLE		144	0	0
Frontline PLC	COM	G3682E192	668	55	SH		SOLE		55	0	0
Gabelli Utility Trust	COM	36240A101	5,407	720	SH		SOLE		720	0	0
Garrett Motion Inc	COM	366505105	884	116	SH		SOLE		116	0	0
General Electric Co.	COM	369604301	286,828	3,423	SH		SOLE		3,423	0	0
General Mills Inc	COM	370334104	57,437	685	SH		SOLE		685	0	0
General Motors Co	COM	37045V100	908,280	27,000	SH		SOLE		27,000	0	0
Genuine Parts Co	COM	372460105	45,980	265	SH		SOLE		265	0	0
GEO Group Inc. New	COM	36162J106	10,950	1,000	SH		SOLE		1,000	0	0
Georgia Power Co 5 Pfd	PFD	373334440	2,951	125	SH		SOLE		125	0	0
GlaxoSmithKline PLC	COM	37733W105	8,820	251	SH		SOLE		251	0	0
Global X Funds ETF	COM	37954Y483	3,978	250	SH		SOLE		250	0	0
Goldman Sachs Gp 4 Pfd	PFD	38144G804	9,261	500	SH		SOLE		500	0	0
Goldman Sachs Group Inc	COM	38141G104	1,156,160	3,367	SH		SOLE		3,367	0	0
Green Plains Inc.	COM	393222104	22,875	750	SH		SOLE		750	0	0
Haleon PLC ADR	COM	405552100	2,528	316	SH		SOLE		316	0	0
Harley-Davidson Inc	COM	412822108	6,614	159	SH		SOLE		159	0	0
HCA Holdings Inc	COM	40412C101	70,068	292	SH		SOLE		292	0	0
HCP Inc	COM	40414L109	1,955	78	SH		SOLE		78	0	0
Hewlett Packard Enterprise	COM	42824C109	8,938	560	SH		SOLE		560	0	0
Home Depot Inc	COM	437076102	1,657,002	5,246	SH		SOLE		5,246	0	0
Honda Motor Co Ltd ADR	COM	438128308	5,715	250	SH		SOLE		250	0	0
Honeywell International	COM	438516106	5,167,301	24,112	SH		SOLE		24,112	0	0
HP Inc	COM	40434L105	334,961	12,466	SH		SOLE		12,466	0	0
HSBC Holdings Plc Spon ADR	COM	404280406	16,297	523	SH		SOLE		523	0	0
Huntington Bank 4.50 Pfd	PFD	446150823	505,408	29,800	SH		SOLE		29,800	0	0
Iberdrola SA-Sponsored ADR	COM	450737101	20,530	440	SH		SOLE		440	0	0
IBM Corp	COM	459200101	458,033	3,251	SH		SOLE		3,251	0	0
Idex Corp	COM	45167R104	17,125	75	SH		SOLE		75	0	0
Idexx Labs Inc	COM	45168D104	12,239	30	SH		SOLE		30	0	0
Illinois Tool Works	COM	452308109	289,034	1,312	SH		SOLE		1,312	0	0
Illumina Inc	COM	452327109	71,377	353	SH		SOLE		353	0	0
Infosys Ltd-SP ADR	COM	456788108	17,073	948	SH		SOLE		948	0	0
Ingersol-Rand Inc	COM	45687V106	76,703	1,468	SH		SOLE		1,468	0	0
Ingevity Corp	COM	45688C107	493	7	SH		SOLE		7	0	0
Intel Corp	COM	458140100	765,492	28,963	SH		SOLE		28,963	0	0
Intercontinental Hotels ADR	COM	45857P806	17,735	304	SH		SOLE		304	0	0
International Paper Co	COM	460146103	18,389	531	SH		SOLE		531	0	0
Interpublic Group of COS	COM	460690100	35,675	1,071	SH		SOLE		1,071	0	0
Intl Flavors & Fragrances	COM	459506101	1,573	15	SH		SOLE		15	0	0
Invesco Ltd	COM	G491BT108	4,803	267	SH		SOLE		267	0	0
Invesco Senior Loan ETF	COM	46138G508	11,764	573	SH		SOLE		573	0	0
ISHARES 0-3M Tresaury Bond	COM	46436E718	1,010,813	10,094	SH		SOLE		10,094	0	0
iShares 0-5yr TIPS Bond ETF	COM	46429B747	96,960	1,000	SH		SOLE		1,000	0	0
iShares 1-3 Year Treasury Bond ETF	COM	464287457	405,850	5,000	SH		SOLE		5,000	0	0
IShares 1-5 Year Investment Grade Corp	COM	464288646	1,082,937	21,737	SH		SOLE		21,737	0	0
IShares 5-10 Year Investment Grade Corp	COM	464288638	1,863,705	37,643	SH		SOLE		37,643	0	0
iShares 7-10 Year Treasury Bond ETF	COM	464287440	476,410	4,974	SH		SOLE		4,974	0	0
iShares Barclays Agg Bond	COM	464287226	6,362,447	65,599	SH		SOLE		65,599	0	0
IShares Broad USD HY Corp Bond ETF	COM	46435U853	1,145,360	33,170	SH		SOLE		33,170	0	0
iShares Core Russell U.S. Value ETF	COM	464287663	63,567	900	SH		SOLE		900	0	0
iShares DJ US Telecommunic	COM	464287713	3,409	152	SH		SOLE		152	0	0
iShares DJ US Util Sector	COM	464287697	6,923	80	SH		SOLE		80	0	0
iShares Floating Rate Bond ETF	COM	46429B655	25,165	500	SH		SOLE		500	0	0
iShares iBoxx Inv Grade Corp Bd ETF	COM	464287242	147,602	1,400	SH		SOLE		1,400	0	0
iShares iBoxx USD High Yield Corp Bd ETF	COM	464288513	132,902	1,805	SH		SOLE		1,805	0	0
iShares JP Morgan EMB	COM	464288281	6,767	80	SH		SOLE		80	0	0
iShares MBS Bond ETF	COM	464288588	14,490,611	156,233	SH		SOLE		156,233	0	0
iShares Morningstar Mid Co	COM	464288208	10,795	184	SH		SOLE		184	0	0
iShares MSCI EAFE Index Fd	COM	464287465	1,689,048	25,732	SH		SOLE		25,732	0	0
iShares MSCI Emrg Mkt Indx	COM	464287234	1,344,502	35,475	SH		SOLE		35,475	0	0
iShares Natl Muni Bd ETF	COM	464288414	4,396,491	41,665	SH		SOLE		41,665	0	0
iShares Preferred & Income Sec ETF	COM	464288687	258,314	8,461	SH		SOLE		8,461	0	0
iShares S&P Global 100 Fd	COM	464287572	2,583,136	40,330	SH		SOLE		40,330	0	0
iShares S&P Midcap 400	COM	464287507	645,121	2,667	SH		SOLE		2,667	0	0
iShares S&P SmallCap 600	COM	464287804	2,304,484	24,350	SH		SOLE		24,350	0	0
iShares Short-term Ntl Muni Bond ETF	COM	464288158	104,270	1,000	SH		SOLE		1,000	0	0
J P Morgan Alerian MLP ETN	COM	46625H365	20,510	943	SH		SOLE		943	0	0
J P Morgan Chase	COM	46625H100	5,741,962	42,819	SH		SOLE		42,819	0	0
Janus AAA CLO	COM	47103U845	172,410	3,500	SH		SOLE		3,500	0	0
JBG Smith Properties	COM	46590V100	380	20	SH		SOLE		20	0	0
JM Smucker Co	COM	832696405	1,902	12	SH		SOLE		12	0	0
Johnson & Johnson	COM	478160104	3,813,414	21,587	SH		SOLE		21,587	0	0
Johnson Controls International	COM	G51502105	23,360	365	SH		SOLE		365	0	0
JPMorgan Chase & Co 4.75 Pfd	PFD	48128B622	2,426	125	SH		SOLE		125	0	0
JPMorgan Chase & Co. 6 Pfd	PFD	48128B648	3,085	125	SH		SOLE		125	0	0
Juniper Networks Inc	COM	48203R104	2,876	90	SH		SOLE		90	0	0
Kellogg Co	COM	487836108	64,828	910	SH		SOLE		910	0	0
Keysight Technologies Inc W/I	COM	49338L103	395,514	2,312	SH		SOLE		2,312	0	0
Kimberly Clark Corp	COM	494368103	82,808	610	SH		SOLE		610	0	0
Kimco Realty Corp 5.25 Pfd	PFD	49446R711	13,205	655	SH		SOLE		655	0	0
Kinder Morgan Inc	COM	49456B101	93,889	5,193	SH		SOLE		5,193	0	0
KLA-Tencor Corporation	COM	482480100	117,633	312	SH		SOLE		312	0	0
Komatsu Ltd Spons ADR	COM	500458401	16,958	778	SH		SOLE		778	0	0
Kyndryl Holdings	COM	50155Q100	1,601	144	SH		SOLE		144	0	0
L3Harris Technologies Inc.	COM	502431109	17,906	86	SH		SOLE		86	0	0
Lamb Weston Holding Inc.	COM	513272104	12,778	143	SH		SOLE		143	0	0
Lazard Ltd-Class A	COM	G54050102	10,990	317	SH		SOLE		317	0	0
Leggett & Platt Inc	COM	524660107	47,346	1,469	SH		SOLE		1,469	0	0
Lilly (Eli) & Co	COM	532457108	3,436,535	9,394	SH		SOLE		9,394	0	0
Lincoln National Corp	COM	534187109	26,112	850	SH		SOLE		850	0	0
Linde PLC	COM	G5494J103	2,515,581	7,712	SH		SOLE		7,712	0	0
Lockheed Martin Corp	COM	539830109	115,298	237	SH		SOLE		237	0	0
Lowe's Companies Inc	COM	548661107	1,051,987	5,280	SH		SOLE		5,280	0	0
LVMH Moet Hennessy-Unsp ADR	COM	502441306	53,551	369	SH		SOLE		369	0	0
Lyondellbasell Indu Cl A	COM	N53745100	12,288	148	SH		SOLE		148	0	0
Magellan Midstream Prtnrs	COM	559080106	59,951	1,194	SH		SOLE		1,194	0	0
Marathon Petroleum Corp	COM	56585A102	69,950	601	SH		SOLE		601	0	0
Marsh & McLennan Cos Inc	COM	571748102	1,090,235	6,588	SH		SOLE		6,588	0	0
Masterbrand Inc.	COM	57638P104	929	123	SH		SOLE		123	0	0
Mastercard Inc	COM	57636Q104	448,572	1,290	SH		SOLE		1,290	0	0
Mattel Inc	COM	577081102	10,704	600	SH		SOLE		600	0	0
McDonald's Corp	COM	580135101	218,730	830	SH		SOLE		830	0	0
McKesson Corp W/RTS	COM	58155Q103	234,450	625	SH		SOLE		625	0	0
Medtronic PLC	COM	G5960L103	372,046	4,787	SH		SOLE		4,787	0	0
Merck & Company	COM	58933Y105	2,329,434	20,995	SH		SOLE		20,995	0	0
Meta Platforms Inc.	COM	30303M102	398,205	3,309	SH		SOLE		3,309	0	0
Micro Focus International ADR	COM	594837403	139	22	SH		SOLE		22	0	0
Micron Technology Inc	COM	595112103	4,848	97	SH		SOLE		97	0	0
Microsoft Corp	COM	594918104	12,067,862	50,320	SH		SOLE		50,320	0	0
Mimedx Group Inc	COM	602496101	9,961	3,583	SH		SOLE		3,583	0	0
Mitsubishi Financial Group ADR	COM	606822104	18,929	2,838	SH		SOLE		2,838	0	0
Mitsui & Co Ltd ADR	COM	606827202	34,458	59	SH		SOLE		59	0	0
Molson Coors Brewing Co-B	COM	60871R209	90,160	1,750	SH		SOLE		1,750	0	0
Mondelez International Inc	COM	609207105	469,816	7,049	SH		SOLE		7,049	0	0
Morgan Stanley	COM	617446448	179,137	2,107	SH		SOLE		2,107	0	0
Motorola Solutions Inc	COM	620076307	29,379	114	SH		SOLE		114	0	0
MPLX LP	COM	55336V100	59,605	1,815	SH		SOLE		1,815	0	0
National Rural Util Corp 5.5 Pfd	PFD	637432105	231,938	9,612	SH		SOLE		9,612	0	0
Nestle Spon ADR	COM	641069406	27,677	239	SH		SOLE		239	0	0
NetApp Inc	COM	64110D104	901	15	SH		SOLE		15	0	0
Netflix Inc	COM	64110L106	86,990	295	SH		SOLE		295	0	0
Newell Rubbermaid Inc	COM	651229106	3,649	279	SH		SOLE		279	0	0
Nextera Energy Capital 5.65 Pfd	PFD	65339K860	204,372	8,948	SH		SOLE		8,948	0	0
Nextera Energy Inc	COM	65339F101	1,429,393	17,098	SH		SOLE		17,098	0	0
Nike Inc Cl-B	COM	654106103	71,142	608	SH		SOLE		608	0	0
Nippon Teleg & Tel Sp ADR	COM	654624105	33,245	1,166	SH		SOLE		1,166	0	0
NiSource Inc	COM	65473P105	29,504	1,076	SH		SOLE		1,076	0	0
Norfolk Southern Corp	COM	655844108	25,628	104	SH		SOLE		104	0	0
Northern Trust Corp	COM	665859104	8,407	95	SH		SOLE		95	0	0
Novartis AG ADR	COM	66987V109	21,954	242	SH		SOLE		242	0	0
Nucor Corp	COM	670346105	78,032	592	SH		SOLE		592	0	0
NuStar Energy LP	COM	67058H102	5,872	367	SH		SOLE		367	0	0
Nutrien LTD	COM	67077M108	2,118	29	SH		SOLE		29	0	0
Nvent Electric PLC	COM	G6700G107	808	21	SH		SOLE		21	0	0
NVIDIA Corp	COM	67066G104	438,420	3,000	SH		SOLE		3,000	0	0
O'Reilly Automotive Inc	COM	67103H107	2,027,360	2,402	SH		SOLE		2,402	0	0
Oaktree Capital Group LLC 6.125 Pfd	PFD	674001300	2,681	125	SH		SOLE		125	0	0
Occidental Petroleum Corp	COM	674599105	1,701	27	SH		SOLE		27	0	0
Occidental Petroleum Corp Warrants	COM	674599162	124	3	SH		SOLE		3	0	0
Office Properties Income Trust	COM	67623C109	334	25	SH		SOLE		25	0	0
Omnicom Group Inc	COM	681919106	19,740	242	SH		SOLE		242	0	0
Oneok Inc New	COM	682680103	56,765	864	SH		SOLE		864	0	0
Oracle Corp	COM	68389X105	58,771	719	SH		SOLE		719	0	0
Organon & Company	COM	68622V106	186,070	6,662	SH		SOLE		6,662	0	0
Orion Office Reit Inc.	COM	68629Y103	85	10	SH		SOLE		10	0	0
Orix Corp Spon ADR	COM	686330101	19,325	240	SH		SOLE		240	0	0
Otis Worldwide Corp	COM	68902V107	264,653	3,380	SH		SOLE		3,380	0	0
Parker Hannifin Corp	COM	701094104	1,359,335	4,671	SH		SOLE		4,671	0	0
Paychex Inc	COM	704326107	109,204	945	SH		SOLE		945	0	0
Paycom Software Inc	COM	70432V102	79,129	255	SH		SOLE		255	0	0
PayPal Holdings Inc	COM	70450Y103	1,436,009	20,163	SH		SOLE		20,163	0	0
Pentair PLC	COM	G7S00T104	2,519	56	SH		SOLE		56	0	0
PepsiCo Inc	COM	713448108	3,480,156	19,264	SH		SOLE		19,264	0	0
PetIQ Inc	COM	71639T106	4,149	450	SH		SOLE		450	0	0
Pfizer Inc	COM	717081103	3,116,007	60,812	SH		SOLE		60,812	0	0
Philip Morris Intl Inc	COM	718172109	9,311	92	SH		SOLE		92	0	0
Phillips 66	COM	718546104	1,304,435	12,533	SH		SOLE		12,533	0	0
Pinterest Inc.	COM	72352L106	586,605	24,160	SH		SOLE		24,160	0	0
Plains All American Pipe	COM	726503105	16,734	1,423	SH		SOLE		1,423	0	0
Plug Power Inc	COM	72919P202	521,037	42,121	SH		SOLE		42,121	0	0
PPG Industries Inc	COM	693506107	121,339	965	SH		SOLE		965	0	0
Principal Financial Group	COM	74251V102	34,827	415	SH		SOLE		415	0	0
Procter & Gamble Co	COM	742718109	2,908,436	19,190	SH		SOLE		19,190	0	0
Progressive Corp	COM	743315103	43,323	334	SH		SOLE		334	0	0
Prudential Financial Inc	COM	744320102	1,591	16	SH		SOLE		16	0	0
Public Serv Enterprise Grp	COM	744573106	27,449	448	SH		SOLE		448	0	0
Public Storage	COM	74460D109	67,246	240	SH		SOLE		240	0	0
Qualcomm Inc	COM	747525103	2,260,996	20,566	SH		SOLE		20,566	0	0
Quest Diagnostics Inc	COM	74834L100	2,034	13	SH		SOLE		13	0	0
Raytheon Technologies Corp	COM	75513E101	1,433,047	14,200	SH		SOLE		14,200	0	0
Realty Income Corp	COM	756109104	70,154	1,106	SH		SOLE		1,106	0	0
Regeneron Pharmaceuticals	COM	75886F107	692,630	960	SH		SOLE		960	0	0
Reinsurance GRP of Amer VRN Pfd	PFD	759351802	54,702	2,366	SH		SOLE		2,366	0	0
Resideo Technologies Inc.	COM	76118Y104	4,540	276	SH		SOLE		276	0	0
Rio Tinto PLC-SPON ADR	COM	767204100	23,638	332	SH		SOLE		332	0	0
RMR Group Inc	COM	74967R106	198	7	SH		SOLE		7	0	0
Robert Half Intl Inc	COM	770323103	46,218	626	SH		SOLE		626	0	0
Rockwell Automation Inc	COM	773903109	5,151	20	SH		SOLE		20	0	0
Roper Industries	COM	776696106	494,768	1,145	SH		SOLE		1,145	0	0
S & P Global Inc	COM	78409V104	108,521	324	SH		SOLE		324	0	0
Salesforce Inc.	COM	79466L302	943,643	7,117	SH		SOLE		7,117	0	0
Sanofi ADR	COM	80105N105	19,275	398	SH		SOLE		398	0	0
Schlumberger Ltd	COM	806857108	56,668	1,060	SH		SOLE		1,060	0	0
Schwab US Dividend Equity ETF	COM	808524797	1,387,217	18,364	SH		SOLE		18,364	0	0
Science Applications Int	COM	808625107	444	4	SH		SOLE		4	0	0
Scotts Miracle-Gro Co Cl-A	COM	810186106	7,191	148	SH		SOLE		148	0	0
Shell PLC - ADR	COM	780259305	490,510	8,613	SH		SOLE		8,613	0	0
Shopify Inc - Class A	COM	82509L107	845,674	24,364	SH		SOLE		24,364	0	0
Siemens AG-Spons ADR	COM	826197501	20,200	292	SH		SOLE		292	0	0
Simon Property Group LP	COM	828806109	17,974	153	SH		SOLE		153	0	0
Sony Corp Spons ADR	COM	835699307	763	10	SH		SOLE		10	0	0
Southern Co 4.20 Pfd	PFD	842587883	175,235	10,100	SH		SOLE		10,100	0	0
Southern Company	COM	842587107	76,766	1,075	SH		SOLE		1,075	0	0
Southern Copper Corp	COM	84265V105	24,639	408	SH		SOLE		408	0	0
SPDR Barclays ST HY Bond	COM	78468R408	805,689	33,238	SH		SOLE		33,238	0	0
SPDR BBG Barclays High Yld Bond	COM	78468R622	1,547,190	17,191	SH		SOLE		17,191	0	0
SPDR Bloomberg Barclays Inv Grade FR ETF	COM	78468R200	108,401	3,567	SH		SOLE		3,567	0	0
SPDR Dow Jones Indu Avg Tr	COM	78467X109	176,599	533	SH		SOLE		533	0	0
SPDR Interm TSY ETF	COM	78464A672	1,132,904	40,117	SH		SOLE		40,117	0	0
SPDR Port Long Term Treasury ETF	COM	78464A664	830,752	28,617	SH		SOLE		28,617	0	0
SPDR S & P 500 ETF Trust	COM	78462F103	17,997,642	47,061	SH		SOLE		47,061	0	0
SPDR S & P Midcap 400 ETF	COM	78467Y107	6,168,091	13,930	SH		SOLE		13,930	0	0
Stanley Black & Decker Inc	COM	854502101	901	12	SH		SOLE		12	0	0
Stem Inc	COM	85859N102	16,986	1,900	SH		SOLE		1,900	0	0
Sylvamo Corp	COM	871332102	2,138	44	SH		SOLE		44	0	0
Synchrony Financial	COM	87165B103	347,264	10,568	SH		SOLE		10,568	0	0
Sysco Corp	COM	871829107	216,736	2,835	SH		SOLE		2,835	0	0
Taiwan Semiconductor ADR	COM	874039100	26,965	362	SH		SOLE		362	0	0
Target Corp	COM	87612E106	1,520,804	10,204	SH		SOLE		10,204	0	0
TE Connectivity LTD	COM	H84989104	51,086	445	SH		SOLE		445	0	0
TESLA Inc	COM	88160R101	2,956	24	SH		SOLE		24	0	0
Texas Instruments Inc	COM	882508104	261,708	1,584	SH		SOLE		1,584	0	0
Thermo Fisher Corp	COM	883556102	2,342,644	4,254	SH		SOLE		4,254	0	0
TJX Companies Inc	COM	872540109	32,716	411	SH		SOLE		411	0	0
Toronto-Dominion Bank	COM	891160509	21,500	332	SH		SOLE		332	0	0
Total SA-Spon ADR	COM	89151E109	20,797	335	SH		SOLE		335	0	0
Toyota Motor Corp ADR	COM	892331307	23,765	174	SH		SOLE		174	0	0
Trane Technologies PLC	COM	G8994E103	946,011	5,628	SH		SOLE		5,628	0	0
Travelers Companies Inc	COM	89417E109	663,340	3,538	SH		SOLE		3,538	0	0
Tripadvisor Inc	COM	896945201	432	24	SH		SOLE		24	0	0
Truist Financial Corp	COM	89832Q109	127,326	2,959	SH		SOLE		2,959	0	0
Truist Financial Corp 4.75 Pfd	PFD	89832Q695	2,386	125	SH		SOLE		125	0	0
Unilever PLC-Sponsored ADR	COM	904767704	506,118	10,052	SH		SOLE		10,052	0	0
Union Pacific Corp	COM	907818108	53,838	260	SH		SOLE		260	0	0
United Parcel Services B	COM	911312106	971,244	5,587	SH		SOLE		5,587	0	0
UnitedHealth Care Group	COM	91324P102	242,822	458	SH		SOLE		458	0	0
Unum Group 6.25 Pfd	PFD	91529Y601	2,894	125	SH		SOLE		125	0	0
Urban Edge Properties	COM	91704F104	282	20	SH		SOLE		20	0	0
US Bancorp	COM	902973304	654,150	15,000	SH		SOLE		15,000	0	0
US Bank 4.00 Pfd	PFD	902973718	1,450,715	89,165	SH		SOLE		89,165	0	0
Valero Energy Corp	COM	91913Y100	48,461	382	SH		SOLE		382	0	0
Vanguard Cons Discretionary	COM	92204A108	17,522	80	SH		SOLE		80	0	0
Vanguard Consumer Staples	COM	92204A207	11,111	58	SH		SOLE		58	0	0
Vanguard Energy ETF	COM	92204A306	3,881	32	SH		SOLE		32	0	0
Vanguard Financials ETF	COM	92204A405	7,280	88	SH		SOLE		88	0	0
Vanguard FTSE All-World Fd	COM	922042775	30,435	607	SH		SOLE		607	0	0
Vanguard Growth ETF	COM	922908736	445,187	2,089	SH		SOLE		2,089	0	0
Vanguard Health Care ETF	COM	92204A504	18,356	74	SH		SOLE		74	0	0
Vanguard Industrials ETF	COM	92204A603	10,228	56	SH		SOLE		56	0	0
Vanguard Info Tech ETF	COM	92204A702	22,998	72	SH		SOLE		72	0	0
Vanguard Long-Term Corp Bond ETF	COM	92206C813	670,791	8,860	SH		SOLE		8,860	0	0
Vanguard Materials ETF	COM	92204A801	7,319	43	SH		SOLE		43	0	0
Vanguard MSCI Emerging Mkt	COM	922042858	27,286	700	SH		SOLE		700	0	0
Vanguard REIT Index ETF	COM	922908553	52,292	634	SH		SOLE		634	0	0
Vanguard S&P 500 ETF	COM	922908363	2,844,800	8,097	SH		SOLE		8,097	0	0
Vanguard Short-Term Treasury	COM	92206C102	917,603	15,870	SH		SOLE		15,870	0	0
Verizon Communications Inc	COM	92343V104	369,572	9,380	SH		SOLE		9,380	0	0
Viatris Inc.	COM	92556V106	90,576	8,138	SH		SOLE		8,138	0	0
Victoria's Secret	COM	926400102	7,299	204	SH		SOLE		204	0	0
Visa Inc Cl-A Shares	COM	92826C839	2,411,085	11,605	SH		SOLE		11,605	0	0
Vodafone Group PLC	COM	92857W308	4,979	492	SH		SOLE		492	0	0
Vontier Corp	COM	928881101	503	26	SH		SOLE		26	0	0
Vornado Realty Trust	COM	929042109	832	40	SH		SOLE		40	0	0
W.W. Grainger Inc	COM	384802104	31,150	56	SH		SOLE		56	0	0
Wabtec Corp	COM	929740108	1,098	11	SH		SOLE		11	0	0
Wal Mart Inc.	COM	931142103	242,036	1,707	SH		SOLE		1,707	0	0
Walgreens Boots Alliance	COM	931427108	757,138	20,266	SH		SOLE		20,266	0	0
Warner Bros Discovery Inc.	COM	934423104	10,921	1,152	SH		SOLE		1,152	0	0
Waste Management Inc	COM	94106L109	82,205	524	SH		SOLE		524	0	0
Waters Corp	COM	941848103	54,813	160	SH		SOLE		160	0	0
WEC Energy Group Inc	COM	92939U106	21,377	228	SH		SOLE		228	0	0
Wells Fargo & Co	COM	949746101	143,772	3,482	SH		SOLE		3,482	0	0
Wells Fargo & Co 5.625 Pfd	PFD	94988U656	2,168	100	SH		SOLE		100	0	0
Welltower Inc	COM	95040Q104	14,945	228	SH		SOLE		228	0	0
Western Union Co	COM	959802109	21,302	1,547	SH		SOLE		1,547	0	0
Westrock Co	COM	96145D105	809	23	SH		SOLE		23	0	0
WEX INC	COM	96208T104	14,401	88	SH		SOLE		88	0	0
Woodside Energy Group LTD	COM	980228308	3,147	130	SH		SOLE		130	0	0
WPP PLC-Spon ADR	COM	92937A102	9,291	189	SH		SOLE		189	0	0
Yum Brands Inc	COM	988498101	78,129	610	SH		SOLE		610	0	0
Zebra Technologies Corp Cl	COM	989207105	1,309,742	5,108	SH		SOLE		5,108	0	0
Zimmer Holdings Inc	COM	98956P102	95,625	750	SH		SOLE		750	0	0
Zimvie Inc.	COM	98888T107	65	7	SH		SOLE		7	0	0
Zions Bancorp 6.30 Pfd	PFD	989701859	12,660	500	SH		SOLE		500	0	0
Zoetis Inc	COM	98978V103	21,982	150	SH		SOLE		150	0	0