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	418	41	SH		SOLE		41	0	0
3M Company	COM	88579Y101	136,853	1,302	SH		SOLE		1,302	0	0
ABB Ltd-Spon ADR	COM	000375204	26,548	774	SH		SOLE		774	0	0
Abbott Laboratories	COM	002824100	2,562,891	25,310	SH		SOLE		25,310	0	0
Abbvie Inc	COM	00287Y109	5,490,651	34,452	SH		SOLE		34,452	0	0
Accelleron Industries AG	COM	00449R109	852	36	SH		SOLE		36	0	0
Accenture PLC Cl-A	COM	G1151C101	5,430	19	SH		SOLE		19	0	0
Adient PLC	COM	G0084W101	737	18	SH		SOLE		18	0	0
Advansix Inc	COM	00773T101	1,875	49	SH		SOLE		49	0	0
Aflac Inc	COM	001055102	1,742	27	SH		SOLE		27	0	0
Air Products & Chemicals	COM	009158106	778,626	2,711	SH		SOLE		2,711	0	0
Akamai Technologies Inc	COM	00971T101	1,723	22	SH		SOLE		22	0	0
Alcoa Inc	COM	013872106	22,897	538	SH		SOLE		538	0	0
Alcon Inc.	COM	H01301128	3,245	46	SH		SOLE		46	0	0
Alliance Bernstein Hldg LP	COM	01881G106	17,549	480	SH		SOLE		480	0	0
Allianz SE Unsp ADR	COM	018820100	29,755	1,287	SH		SOLE		1,287	0	0
Alphabet Inc-CL A	COM	02079K305	6,353,774	61,253	SH		SOLE		61,253	0	0
Alphabet Inc-CL C	COM	02079K107	1,707,680	16,420	SH		SOLE		16,420	0	0
Altria Group Inc	COM	02209S103	50,956	1,142	SH		SOLE		1,142	0	0
Amazon.com Inc	COM	023135106	2,413,681	23,368	SH		SOLE		23,368	0	0
American Electric Power	COM	025537101	41,855	460	SH		SOLE		460	0	0
American Express Co	COM	025816109	4,576,871	27,747	SH		SOLE		27,747	0	0
American Financial Group 5.875 Pfd	PFD	025932807	18,865	876	SH		SOLE		876	0	0
American Intl Group	COM	026874784	201	4	SH		SOLE		4	0	0
American Tower Corp	COM	03027X100	2,656	13	SH		SOLE		13	0	0
Ameriprise Financial Inc	COM	03076C106	141,296	461	SH		SOLE		461	0	0
AmerisourceBergen Corp	COM	03073E105	28,339	177	SH		SOLE		177	0	0
Amgen Inc	COM	031162100	240,058	993	SH		SOLE		993	0	0
Anthem Inc	COM	036752103	25,749	56	SH		SOLE		56	0	0
Aon Plc - Class A	COM	G0403H108	43,510	138	SH		SOLE		138	0	0
Apollo Management 6.375 Pfd	PFD	037612504	13,440	600	SH		SOLE		600	0	0
Apple Inc	COM	037833100	7,527,242	45,647	SH		SOLE		45,647	0	0
Ares Capital Corp	COM	04010L103	3,107	170	SH		SOLE		170	0	0
AT & T Inc	COM	00206R102	90,052	4,678	SH		SOLE		4,678	0	0
AT&T Inc. 4.75 Pfd	PFD	00206R706	3,510	165	SH		SOLE		165	0	0
Automatic Data Processing	COM	053015103	3,339	15	SH		SOLE		15	0	0
Avalonbay Communities	COM	053484101	202,008	1,202	SH		SOLE		1,202	0	0
Avanos Medical Inc.	COM	05350V106	327	11	SH		SOLE		11	0	0
Avery Dennison Corp	COM	053611109	5,547	31	SH		SOLE		31	0	0
Aviat Networks Inc	COM	05366Y201	448	13	SH		SOLE		13	0	0
AXA Spons ADR	COM	054536107	27,938	913	SH		SOLE		913	0	0
BAE Systems PLC ADR	COM	05523R107	33,289	685	SH		SOLE		685	0	0
Bank of America Corp	COM	060505104	1,232,202	43,084	SH		SOLE		43,084	0	0
Bank of America Corp 5 Pfd	PFD	06055H202	2,665	125	SH		SOLE		125	0	0
Bank of New York Mellon	COM	064058100	167,551	3,687	SH		SOLE		3,687	0	0
Barnes Group Inc	COM	067806109	10,070	250	SH		SOLE		250	0	0
BASF SE ADR	COM	055262505	13,083	996	SH		SOLE		996	0	0
Bath & Body Works Inc.	COM	070830104	24,070	658	SH		SOLE		658	0	0
Becton Dickinson & Co	COM	075887109	71,044	287	SH		SOLE		287	0	0
Berkshire Hathaway Cl B	COM	084670702	63,915	207	SH		SOLE		207	0	0
BHP Limited Spons ADR	COM	088606108	23,335	368	SH		SOLE		368	0	0
BlackRock Inc	COM	09247X101	303,780	454	SH		SOLE		454	0	0
Bloom Energy Corp	COM	093712107	657,690	33,000	SH		SOLE		33,000	0	0
Bluebird Bio Inc	COM	09609G100	394	124	SH		SOLE		124	0	0
BNP Paribas ADR	COM	05565A202	11,967	399	SH		SOLE		399	0	0
Boeing Co	COM	097023105	1,047,917	4,933	SH		SOLE		4,933	0	0
Booking Holdings Inc.	COM	09857L108	1,755,895	662	SH		SOLE		662	0	0
Boston Properties Inc	COM	101121101	2,219	41	SH		SOLE		41	0	0
Bristol-Myers Squibb Co	COM	110122108	3,433,617	49,540	SH		SOLE		49,540	0	0
Broadcom Inc	COM	11135F101	5,055,466	7,880	SH		SOLE		7,880	0	0
Brunswick Corp 6.5 Pfd	PFD	117043406	236,625	9,338	SH		SOLE		9,338	0	0
Brunswick Corp 6.625 Pfd	PFD	117043505	22,237	871	SH		SOLE		871	0	0
Canon Inc SP ADR	COM	138006309	8,727	393	SH		SOLE		393	0	0
Capital One Financial Corp	COM	14040H105	16,251	169	SH		SOLE		169	0	0
Cardinal Health Inc	COM	14149Y108	39,109	518	SH		SOLE		518	0	0
Carnival Corp	COM	143658300	1,573	155	SH		SOLE		155	0	0
Carnival PLC ADR	COM	14365C103	1,812	198	SH		SOLE		198	0	0
Carrier Global	COM	14448C104	458,003	10,011	SH		SOLE		10,011	0	0
Caterpillar Inc	COM	149123101	2,474,447	10,813	SH		SOLE		10,813	0	0
Cedar Fair Ltd Partnership	COM	150185106	4,569	100	SH		SOLE		100	0	0
Centerpoint Energy	COM	15189T107	33,349	1,132	SH		SOLE		1,132	0	0
CH Robinson Worldwide Inc	COM	12541W209	894	9	SH		SOLE		9	0	0
Charles Schwab 4.45 Pfd	PFD	808513865	733,671	37,750	SH		SOLE		37,750	0	0
Charles Schwab Corp	COM	808513105	864,148	16,498	SH		SOLE		16,498	0	0
Charter Communications Inc	COM	16119P108	4,649	13	SH		SOLE		13	0	0
Chemours Co	COM	163851108	868	29	SH		SOLE		29	0	0
Chevron Corp	COM	166764100	3,132,309	19,198	SH		SOLE		19,198	0	0
Chipotle Mexican Grill Inc	COM	169656105	252,827	148	SH		SOLE		148	0	0
Chubb Ltd	COM	H1467J104	43,885	226	SH		SOLE		226	0	0
Cigna Corp	COM	125523100	1,137,875	4,453	SH		SOLE		4,453	0	0
Cincinnati Financial Corp	COM	172062101	38,219	341	SH		SOLE		341	0	0
Cisco Systems Inc	COM	17275R102	725,734	13,883	SH		SOLE		13,883	0	0
Citigroup Inc	COM	172967424	153,096	3,265	SH		SOLE		3,265	0	0
Cleveland - Cliffs Inc	COM	185899101	4,656	254	SH		SOLE		254	0	0
CMS Energy Corp	COM	125896100	2,394	39	SH		SOLE		39	0	0
Coca-Cola Co	COM	191216100	1,589,581	25,626	SH		SOLE		25,626	0	0
Cognizant Technology Cl A	COM	192446102	1,280	21	SH		SOLE		21	0	0
Colgate-Palmolive Co	COM	194162103	137,149	1,825	SH		SOLE		1,825	0	0
Conagra Inc	COM	205887102	16,188	431	SH		SOLE		431	0	0
ConocoPhillips	COM	20825C104	411,325	4,146	SH		SOLE		4,146	0	0
Consolidated Edison Inc	COM	209115104	32,432	339	SH		SOLE		339	0	0
Constellation Energy	COM	21037T109	13,110	167	SH		SOLE		167	0	0
Corning Inc	COM	219350105	4,410	125	SH		SOLE		125	0	0
Corporate Office Property	COM	22002T108	2,252	95	SH		SOLE		95	0	0
Corteva Inc.	COM	22052L104	12,846	213	SH		SOLE		213	0	0
CrowdStrike Holdings Inc	COM	22788C105	1,509,174	10,995	SH		SOLE		10,995	0	0
CSX Corp	COM	126408103	1,032,771	34,495	SH		SOLE		34,495	0	0
Cummins Inc	COM	231021106	605,455	2,535	SH		SOLE		2,535	0	0
CVS Health Corp	COM	126650100	65,021	875	SH		SOLE		875	0	0
Danaher Corp	COM	235851102	950,947	3,773	SH		SOLE		3,773	0	0
Darden Restaurants Inc	COM	237194105	60,978	393	SH		SOLE		393	0	0
Davita Inc	COM	23918K108	1,460	18	SH		SOLE		18	0	0
DBS Group Hldgs Ltd ADR	COM	23304Y100	28,295	285	SH		SOLE		285	0	0
Deere & Company	COM	244199105	12,386	30	SH		SOLE		30	0	0
Diageo PLC-Sponsored ADR	COM	25243Q205	26,090	144	SH		SOLE		144	0	0
Discover Financial Services	COM	254709108	17,099	173	SH		SOLE		173	0	0
Disney (Walt) Co/The	COM	254687106	172,224	1,720	SH		SOLE		1,720	0	0
Dominion Resources Inc	COM	25746U109	31,142	557	SH		SOLE		557	0	0
Donnelley Financial Solutions	COM	25787G100	3,105	76	SH		SOLE		76	0	0
Dover Corp	COM	260003108	1,823	12	SH		SOLE		12	0	0
Dow Inc	COM	260557103	21,325	389	SH		SOLE		389	0	0
Duke Energy Corp	COM	26441C204	67,240	697	SH		SOLE		697	0	0
Duke Energy Corp 5.75 Pfd	PFD	26441C501	3,181	125	SH		SOLE		125	0	0
DuPont De Nemours Inc	COM	26614N102	27,201	379	SH		SOLE		379	0	0
Eaton Corp PLC	COM	G29183103	3,859,605	22,526	SH		SOLE		22,526	0	0
Ebay Inc	COM	278642103	76,405	1,722	SH		SOLE		1,722	0	0
Edison International	COM	281020107	13,765	195	SH		SOLE		195	0	0
Embecta Corp	COM	29082K105	169	6	SH		SOLE		6	0	0
Emerson Electric Co	COM	291011104	1,284,971	14,746	SH		SOLE		14,746	0	0
Enbridge Inc	COM	29250N105	57,759	1,514	SH		SOLE		1,514	0	0
Energy Transfer Equity LP	COM	29273V100	14,079	1,129	SH		SOLE		1,129	0	0
Eni Spa-Sponsored ADR	COM	26874R108	7,420	265	SH		SOLE		265	0	0
Enterprise Products Part	COM	293792107	38,332	1,480	SH		SOLE		1,480	0	0
EOG Resources Inc	COM	26875P101	741,427	6,468	SH		SOLE		6,468	0	0
Equity Residential	COM	29476L107	36,000	600	SH		SOLE		600	0	0
Ericsson LM TEL-SP ADR	COM	294821608	10,565	1,806	SH		SOLE		1,806	0	0
Etsy Inc,	COM	29786A106	293,911	2,640	SH		SOLE		2,640	0	0
Exelon Corporation	COM	30161N101	206,183	4,922	SH		SOLE		4,922	0	0
Expedia Group Inc	COM	30212P303	102,561	1,057	SH		SOLE		1,057	0	0
Exxon Mobil Corp	COM	30231G102	4,894,630	44,635	SH		SOLE		44,635	0	0
Fastenal Co	COM	311900104	275,202	5,102	SH		SOLE		5,102	0	0
FedEx Corp	COM	31428X106	15,080	66	SH		SOLE		66	0	0
Fidelity National Info Serv	COM	31620M106	27,165	500	SH		SOLE		500	0	0
Fifth Third Bancorp	COM	316773100	29,624	1,112	SH		SOLE		1,112	0	0
Fifth Third Bancorp 4.95 Pfd	PFD	316773860	3,256	150	SH		SOLE		150	0	0
Financial Sel Sec SPDR Fd	COM	81369Y605	16,075	500	SH		SOLE		500	0	0
FirstEnergy	COM	337932107	14,301	357	SH		SOLE		357	0	0
Fiserv Inc	COM	337738108	18,085	160	SH		SOLE		160	0	0
Fluor Corp (New)	COM	343412102	3,586	116	SH		SOLE		116	0	0
Ford Motor Co 6.5 Pfd	PFD	345370811	3,048	125	SH		SOLE		125	0	0
Ford Motor Company	COM	345370860	33,730	2,677	SH		SOLE		2,677	0	0
Fortive Corp	COM	34959J108	5,454	80	SH		SOLE		80	0	0
Fortune Brands Innovations Inc.	COM	34964C106	7,224	123	SH		SOLE		123	0	0
Four Corners Property Trust	COM	35086T109	322	12	SH		SOLE		12	0	0
Freeport-McMoran Copper-B	COM	35671D857	5,891	144	SH		SOLE		144	0	0
Frontline PLC	COM	G3682E192	911	55	SH		SOLE		55	0	0
Gabelli Utility Trust	COM	36240A101	5,148	720	SH		SOLE		720	0	0
Garrett Motion Inc	COM	366505105	889	116	SH		SOLE		116	0	0
GE Healthcare Technology	COM	36266G107	80,471	981	SH		SOLE		981	0	0
General Electric Co.	COM	369604301	311,872	3,262	SH		SOLE		3,262	0	0
General Mills Inc	COM	370334104	58,540	685	SH		SOLE		685	0	0
General Motors Co	COM	37045V100	990,360	27,000	SH		SOLE		27,000	0	0
Genuine Parts Co	COM	372460105	44,337	265	SH		SOLE		265	0	0
GEO Group Inc. New	COM	36162J106	7,890	1,000	SH		SOLE		1,000	0	0
Georgia Power Co 5 Pfd	PFD	373334440	3,134	125	SH		SOLE		125	0	0
GlaxoSmithKline PLC	COM	37733W105	8,931	251	SH		SOLE		251	0	0
Global X Funds ETF	COM	37954Y483	4,288	250	SH		SOLE		250	0	0
Goldman Sachs Gp 4 Pfd	PFD	38144G804	10,300	500	SH		SOLE		500	0	0
Goldman Sachs Group Inc	COM	38141G104	1,273,112	3,892	SH		SOLE		3,892	0	0
Haleon PLC ADR	COM	405552100	2,572	316	SH		SOLE		316	0	0
Harley-Davidson Inc	COM	412822108	6,037	159	SH		SOLE		159	0	0
HCA Holdings Inc	COM	40412C101	76,995	292	SH		SOLE		292	0	0
HCP Inc	COM	40414L109	1,714	78	SH		SOLE		78	0	0
Hewlett Packard Enterprise	COM	42824C109	8,921	560	SH		SOLE		560	0	0
Home Depot Inc	COM	437076102	1,549,085	5,249	SH		SOLE		5,249	0	0
Honda Motor Co Ltd ADR	COM	438128308	6,622	250	SH		SOLE		250	0	0
Honeywell International	COM	438516106	4,701,689	24,601	SH		SOLE		24,601	0	0
HP Inc	COM	40434L105	382,959	13,048	SH		SOLE		13,048	0	0
HSBC Holdings Plc Spon ADR	COM	404280406	17,850	523	SH		SOLE		523	0	0
Huntington Bank 4.50 Pfd	PFD	446150823	572,477	31,300	SH		SOLE		31,300	0	0
Iberdrola SA-Sponsored ADR	COM	450737101	21,961	440	SH		SOLE		440	0	0
IBM Corp	COM	459200101	374,524	2,857	SH		SOLE		2,857	0	0
Idex Corp	COM	45167R104	17,327	75	SH		SOLE		75	0	0
Idexx Labs Inc	COM	45168D104	15,002	30	SH		SOLE		30	0	0
Illinois Tool Works	COM	452308109	319,406	1,312	SH		SOLE		1,312	0	0
Illumina Inc	COM	452327109	81,625	351	SH		SOLE		351	0	0
Infosys Ltd-SP ADR	COM	456788108	16,533	948	SH		SOLE		948	0	0
Ingersol-Rand Inc	COM	45687V106	85,408	1,468	SH		SOLE		1,468	0	0
Ingevity Corp	COM	45688C107	501	7	SH		SOLE		7	0	0
Intel Corp	COM	458140100	967,816	29,624	SH		SOLE		29,624	0	0
Intercontinental Hotels ADR	COM	45857P806	20,246	304	SH		SOLE		304	0	0
International Paper Co	COM	460146103	19,148	531	SH		SOLE		531	0	0
Interpublic Group of COS	COM	460690100	39,884	1,071	SH		SOLE		1,071	0	0
Intl Flavors & Fragrances	COM	459506101	1,379	15	SH		SOLE		15	0	0
Invesco Ltd	COM	G491BT108	4,379	267	SH		SOLE		267	0	0
Invesco Senior Loan ETF	COM	46138G508	33,384	1,605	SH		SOLE		1,605	0	0
ISHARES 0-3M Treasury Bond	COM	46436E718	444,765	4,422	SH		SOLE		4,422	0	0
iShares 0-5yr TIPS Bond ETF	COM	46429B747	99,230	1,000	SH		SOLE		1,000	0	0
iShares 1-3 Year Treasury Bond ETF	COM	464287457	410,800	5,000	SH		SOLE		5,000	0	0
IShares 1-5 Year Investment Grade Corp	COM	464288646	652,219	12,905	SH		SOLE		12,905	0	0
IShares 5-10 Year Investment Grade Corp	COM	464288638	1,422,148	27,733	SH		SOLE		27,733	0	0
iShares 7-10 Year Treasury Bond ETF	COM	464287440	759,160	7,659	SH		SOLE		7,659	0	0
iShares Barclays Agg Bond	COM	464287226	6,206,177	62,286	SH		SOLE		62,286	0	0
IShares Broad USD HY Corp Bond ETF	COM	46435U853	406,799	11,443	SH		SOLE		11,443	0	0
iShares Core Russell U.S. Value ETF	COM	464287663	66,402	900	SH		SOLE		900	0	0
iShares DJ US Telecommunic	COM	464287713	3,520	152	SH		SOLE		152	0	0
iShares DJ US Util Sector	COM	464287697	6,697	80	SH		SOLE		80	0	0
iShares Floating Rate Bond ETF	COM	46429B655	21,416	425	SH		SOLE		425	0	0
iShares iBoxx Inv Grade Corp Bd ETF	COM	464287242	213,849	1,951	SH		SOLE		1,951	0	0
iShares iBoxx USD High Yield Corp Bd ETF	COM	464288513	136,368	1,805	SH		SOLE		1,805	0	0
iShares JP Morgan EMB	COM	464288281	6,902	80	SH		SOLE		80	0	0
iShares MBS Bond ETF	COM	464288588	14,011,988	147,915	SH		SOLE		147,915	0	0
iShares Morningstar Mid Co	COM	464288208	11,158	184	SH		SOLE		184	0	0
iShares MSCI EAFE Index Fd	COM	464287465	1,840,353	25,732	SH		SOLE		25,732	0	0
iShares MSCI Emrg Mkt Indx	COM	464287234	1,399,844	35,475	SH		SOLE		35,475	0	0
iShares Natl Muni Bd ETF	COM	464288414	1,278,335	11,865	SH		SOLE		11,865	0	0
iShares Preferred & Income Sec ETF	COM	464288687	264,152	8,461	SH		SOLE		8,461	0	0
iShares S&P Global 100 Fd	COM	464287572	2,825,520	40,330	SH		SOLE		40,330	0	0
iShares S&P Midcap 400	COM	464287507	667,177	2,667	SH		SOLE		2,667	0	0
iShares S&P SmallCap 600	COM	464287804	2,354,645	24,350	SH		SOLE		24,350	0	0
iShares Short-term Ntl Muni Bond ETF	COM	464288158	104,680	1,000	SH		SOLE		1,000	0	0
J P Morgan Alerian MLP ETN	COM	46625H365	20,925	943	SH		SOLE		943	0	0
J P Morgan Chase	COM	46625H100	5,674,370	43,545	SH		SOLE		43,545	0	0
Janus AAA CLO	COM	47103U845	173,285	3,500	SH		SOLE		3,500	0	0
JBG Smith Properties	COM	46590V100	301	20	SH		SOLE		20	0	0
JM Smucker Co	COM	832696405	1,888	12	SH		SOLE		12	0	0
Johnson & Johnson	COM	478160104	3,710,999	23,942	SH		SOLE		23,942	0	0
Johnson Controls International	COM	G51502105	21,980	365	SH		SOLE		365	0	0
JPMorgan Chase & Co 4.75 Pfd	PFD	48128B622	2,708	125	SH		SOLE		125	0	0
JPMorgan Chase & Co. 6 Pfd	PFD	48128B648	3,154	125	SH		SOLE		125	0	0
Juniper Networks Inc	COM	48203R104	3,098	90	SH		SOLE		90	0	0
Kellogg Co	COM	487836108	60,934	910	SH		SOLE		910	0	0
Keysight Technologies Inc W/I	COM	49338L103	376,571	2,332	SH		SOLE		2,332	0	0
Kimberly Clark Corp	COM	494368103	81,874	610	SH		SOLE		610	0	0
Kimco Realty Corp 5.25 Pfd	PFD	49446R711	13,211	655	SH		SOLE		655	0	0
Kinder Morgan Inc	COM	49456B101	111,434	6,364	SH		SOLE		6,364	0	0
KLA-Tencor Corporation	COM	482480100	124,541	312	SH		SOLE		312	0	0
Komatsu Ltd Spons ADR	COM	500458401	19,156	778	SH		SOLE		778	0	0
Kyndryl Holdings	COM	50155Q100	2,125	144	SH		SOLE		144	0	0
L3Harris Technologies Inc.	COM	502431109	16,877	86	SH		SOLE		86	0	0
Lamb Weston Holding Inc.	COM	513272104	14,946	143	SH		SOLE		143	0	0
Lazard Ltd-Class A	COM	G54050102	10,496	317	SH		SOLE		317	0	0
Leggett & Platt Inc	COM	524660107	46,832	1,469	SH		SOLE		1,469	0	0
Lilly (Eli) & Co	COM	532457108	3,965,724	11,548	SH		SOLE		11,548	0	0
Lincoln National Corp	COM	534187109	19,100	850	SH		SOLE		850	0	0
Linde PLC	COM	G54950103	2,746,245	7,726	SH		SOLE		7,726	0	0
Lockheed Martin Corp	COM	539830109	112,037	237	SH		SOLE		237	0	0
Lowe's Companies Inc	COM	548661107	1,055,842	5,280	SH		SOLE		5,280	0	0
LVMH Moet Hennessy-Unsp ADR	COM	502441306	67,704	369	SH		SOLE		369	0	0
Lyondellbasell Indu Cl A	COM	N53745100	13,896	148	SH		SOLE		148	0	0
Magellan Midstream Prtnrs	COM	559080106	64,786	1,194	SH		SOLE		1,194	0	0
Marathon Petroleum Corp	COM	56585A102	81,033	601	SH		SOLE		601	0	0
Marsh & McLennan Cos Inc	COM	571748102	1,084,321	6,510	SH		SOLE		6,510	0	0
Masterbrand Inc.	COM	57638P104	989	123	SH		SOLE		123	0	0
Mastercard Inc	COM	57636Q104	468,799	1,290	SH		SOLE		1,290	0	0
Mattel Inc	COM	577081102	11,046	600	SH		SOLE		600	0	0
McDonald's Corp	COM	580135101	232,076	830	SH		SOLE		830	0	0
McKesson Corp W/RTS	COM	58155Q103	224,312	630	SH		SOLE		630	0	0
Medtronic PLC	COM	G5960L103	387,298	4,804	SH		SOLE		4,804	0	0
Merck & Company	COM	58933Y105	2,225,989	20,923	SH		SOLE		20,923	0	0
Meta Platforms Inc.	COM	30303M102	698,130	3,294	SH		SOLE		3,294	0	0
Micron Technology Inc	COM	595112103	5,853	97	SH		SOLE		97	0	0
Microsoft Corp	COM	594918104	14,645,547	50,800	SH		SOLE		50,800	0	0
Mimedx Group Inc	COM	602496101	12,218	3,583	SH		SOLE		3,583	0	0
Mitsubishi Financial Group ADR	COM	606822104	18,135	2,838	SH		SOLE		2,838	0	0
Mitsui & Co Ltd ADR	COM	606827202	36,493	59	SH		SOLE		59	0	0
Molson Coors Brewing Co-B	COM	60871R209	90,440	1,750	SH		SOLE		1,750	0	0
Mondelez International Inc	COM	609207105	480,371	6,890	SH		SOLE		6,890	0	0
Morgan Stanley	COM	617446448	186,312	2,122	SH		SOLE		2,122	0	0
Motorola Solutions Inc	COM	620076307	32,619	114	SH		SOLE		114	0	0
MPLX LP	COM	55336V100	62,527	1,815	SH		SOLE		1,815	0	0
National Rural Util Corp 5.5 Pfd	PFD	637432105	225,209	9,612	SH		SOLE		9,612	0	0
Nestle Spon ADR	COM	641069406	29,160	239	SH		SOLE		239	0	0
NetApp Inc	COM	64110D104	958	15	SH		SOLE		15	0	0
Netflix Inc	COM	64110L106	107,099	310	SH		SOLE		310	0	0
Newell Rubbermaid Inc	COM	651229106	3,471	279	SH		SOLE		279	0	0
Nextera Energy Capital 5.65 Pfd	PFD	65339K860	230,322	8,948	SH		SOLE		8,948	0	0
Nextera Energy Inc	COM	65339F101	1,317,914	17,098	SH		SOLE		17,098	0	0
Nike Inc Cl-B	COM	654106103	74,565	608	SH		SOLE		608	0	0
Nippon Teleg & Tel Sp ADR	COM	654624105	34,711	1,166	SH		SOLE		1,166	0	0
NiSource Inc	COM	65473P105	30,085	1,076	SH		SOLE		1,076	0	0
Norfolk Southern Corp	COM	655844108	22,048	104	SH		SOLE		104	0	0
Northern Trust Corp	COM	665859104	8,372	95	SH		SOLE		95	0	0
Novartis AG ADR	COM	66987V109	22,264	242	SH		SOLE		242	0	0
Nucor Corp	COM	670346105	91,446	592	SH		SOLE		592	0	0
NuStar Energy LP	COM	67058H102	5,740	367	SH		SOLE		367	0	0
Nutrien LTD	COM	67077M108	2,142	29	SH		SOLE		29	0	0
Nvent Electric PLC	COM	G6700G107	902	21	SH		SOLE		21	0	0
NVIDIA Corp	COM	67066G104	833,310	3,000	SH		SOLE		3,000	0	0
O'Reilly Automotive Inc	COM	67103H107	2,026,515	2,387	SH		SOLE		2,387	0	0
Oaktree Capital Group LLC 6.125 Pfd	PFD	674001300	2,645	125	SH		SOLE		125	0	0
Occidental Petroleum Corp	COM	674599105	1,686	27	SH		SOLE		27	0	0
Occidental Petroleum Corp Warrants	COM	674599162	123	3	SH		SOLE		3	0	0
Office Properties Income Trust	COM	67623C109	308	25	SH		SOLE		25	0	0
Omnicom Group Inc	COM	681919106	22,830	242	SH		SOLE		242	0	0
Oneok Inc New	COM	682680103	54,899	864	SH		SOLE		864	0	0
Oracle Corp	COM	68389X105	66,809	719	SH		SOLE		719	0	0
Organon & Company	COM	68622V106	156,455	6,652	SH		SOLE		6,652	0	0
Orion Office Reit Inc.	COM	68629Y103	67	10	SH		SOLE		10	0	0
Orix Corp Spon ADR	COM	686330101	19,699	240	SH		SOLE		240	0	0
Otis Worldwide Corp	COM	68902V107	278,075	3,295	SH		SOLE		3,295	0	0
Parker Hannifin Corp	COM	701094104	1,565,726	4,658	SH		SOLE		4,658	0	0
Paychex Inc	COM	704326107	108,288	945	SH		SOLE		945	0	0
Paycom Software Inc	COM	70432V102	77,523	255	SH		SOLE		255	0	0
PayPal Holdings Inc	COM	70450Y103	446,072	5,874	SH		SOLE		5,874	0	0
Pentair PLC	COM	G7S00T104	3,095	56	SH		SOLE		56	0	0
PepsiCo Inc	COM	713448108	3,529,528	19,361	SH		SOLE		19,361	0	0
PetIQ Inc	COM	71639T106	5,148	450	SH		SOLE		450	0	0
Pfizer Inc	COM	717081103	2,481,823	60,829	SH		SOLE		60,829	0	0
Philip Morris Intl Inc	COM	718172109	8,947	92	SH		SOLE		92	0	0
Phillips 66	COM	718546104	1,149,142	11,335	SH		SOLE		11,335	0	0
Pinterest Inc.	COM	72352L106	62,857	2,305	SH		SOLE		2,305	0	0
Plains All American Pipe	COM	726503105	17,745	1,423	SH		SOLE		1,423	0	0
Plug Power Inc	COM	72919P202	254,828	21,743	SH		SOLE		21,743	0	0
PPG Industries Inc	COM	693506107	128,905	965	SH		SOLE		965	0	0
Principal Financial Group	COM	74251V102	30,843	415	SH		SOLE		415	0	0
Procter & Gamble Co	COM	742718109	2,853,361	19,190	SH		SOLE		19,190	0	0
Progressive Corp	COM	743315103	47,782	334	SH		SOLE		334	0	0
Prudential Financial Inc	COM	744320102	1,324	16	SH		SOLE		16	0	0
Public Serv Enterprise Grp	COM	744573106	27,978	448	SH		SOLE		448	0	0
Public Storage	COM	74460D109	72,514	240	SH		SOLE		240	0	0
Qualcomm Inc	COM	747525103	2,622,444	20,555	SH		SOLE		20,555	0	0
Quest Diagnostics Inc	COM	74834L100	1,839	13	SH		SOLE		13	0	0
Raytheon Technologies Corp	COM	75513E101	1,382,813	14,120	SH		SOLE		14,120	0	0
Realty Income Corp	COM	756109104	70,032	1,106	SH		SOLE		1,106	0	0
Regeneron Pharmaceuticals	COM	75886F107	778,121	947	SH		SOLE		947	0	0
Reinsurance GRP of Amer VRN Pfd	PFD	759351802	60,428	2,366	SH		SOLE		2,366	0	0
Resideo Technologies Inc.	COM	76118Y104	5,045	276	SH		SOLE		276	0	0
Rio Tinto PLC-SPON ADR	COM	767204100	22,775	332	SH		SOLE		332	0	0
RMR Group Inc	COM	74967R106	184	7	SH		SOLE		7	0	0
Robert Half Intl Inc	COM	770323103	50,437	626	SH		SOLE		626	0	0
Rockwell Automation Inc	COM	773903109	5,869	20	SH		SOLE		20	0	0
Roper Industries	COM	776696106	485,238	1,101	SH		SOLE		1,101	0	0
S & P Global Inc	COM	78409V104	111,705	324	SH		SOLE		324	0	0
Salesforce Inc.	COM	79466L302	1,425,031	7,133	SH		SOLE		7,133	0	0
Sanofi ADR	COM	80105N105	21,659	398	SH		SOLE		398	0	0
Schlumberger Ltd	COM	806857108	52,046	1,060	SH		SOLE		1,060	0	0
Schwab US Dividend Equity ETF	COM	808524797	1,343,510	18,364	SH		SOLE		18,364	0	0
Science Applications Int	COM	808625107	430	4	SH		SOLE		4	0	0
Scotts Miracle-Gro Co Cl-A	COM	810186106	10,322	148	SH		SOLE		148	0	0
Shell PLC - ADR	COM	780259305	495,592	8,613	SH		SOLE		8,613	0	0
Shopify Inc - Class A	COM	82509L107	1,262,164	26,328	SH		SOLE		26,328	0	0
Siemens AG-Spons ADR	COM	826197501	23,676	292	SH		SOLE		292	0	0
Simon Property Group LP	COM	828806109	17,131	153	SH		SOLE		153	0	0
Sony Corp Spons ADR	COM	835699307	906	10	SH		SOLE		10	0	0
Southern Co 4.20 Pfd	PFD	842587883	201,495	10,100	SH		SOLE		10,100	0	0
Southern Company	COM	842587107	74,798	1,075	SH		SOLE		1,075	0	0
Southern Copper Corp	COM	84265V105	31,110	408	SH		SOLE		408	0	0
SPDR Barclays Cap Conv ETF	COM	78464A359	13,012	194	SH		SOLE		194	0	0
SPDR Barclays ST HY Bond	COM	78468R408	760,477	30,615	SH		SOLE		30,615	0	0
SPDR BBG Barclays High Yld Bond	COM	78468R622	1,326,491	14,291	SH		SOLE		14,291	0	0
SPDR Bloomberg Barclays Inv Grade FR ETF	COM	78468R200	103,097	3,388	SH		SOLE		3,388	0	0
SPDR Dow Jones Indu Avg Tr	COM	78467X109	177,286	533	SH		SOLE		533	0	0
SPDR Interm TSY ETF	COM	78464A672	1,060,130	36,632	SH		SOLE		36,632	0	0
SPDR Port Long Term Treasury ETF	COM	78464A664	868,469	28,124	SH		SOLE		28,124	0	0
SPDR S & P 500 ETF Trust	COM	78462F103	19,266,414	47,061	SH		SOLE		47,061	0	0
SPDR S & P Midcap 400 ETF	COM	78467Y107	6,385,678	13,930	SH		SOLE		13,930	0	0
Stanley Black & Decker Inc	COM	854502101	967	12	SH		SOLE		12	0	0
State Street Corp 5.90 Pfd	PFD	857477608	3,495	150	SH		SOLE		150	0	0
Sylvamo Corp	COM	871332102	2,035	44	SH		SOLE		44	0	0
Synchrony Financial	COM	87165B103	307,317	10,568	SH		SOLE		10,568	0	0
Sysco Corp	COM	871829107	218,947	2,835	SH		SOLE		2,835	0	0
Taiwan Semiconductor ADR	COM	874039100	33,673	362	SH		SOLE		362	0	0
Target Corp	COM	87612E106	1,687,935	10,191	SH		SOLE		10,191	0	0
TE Connectivity LTD	COM	H84989104	58,362	445	SH		SOLE		445	0	0
TESLA Inc	COM	88160R101	9,958	48	SH		SOLE		48	0	0
Texas Instruments Inc	COM	882508104	294,640	1,584	SH		SOLE		1,584	0	0
Thermo Fisher Corp	COM	883556102	2,440,364	4,234	SH		SOLE		4,234	0	0
TJX Companies Inc	COM	872540109	28,288	361	SH		SOLE		361	0	0
Toronto-Dominion Bank	COM	891160509	19,887	332	SH		SOLE		332	0	0
Total SA-Spon ADR	COM	89151E109	19,782	335	SH		SOLE		335	0	0
Toyota Motor Corp ADR	COM	892331307	24,654	174	SH		SOLE		174	0	0
Trane Technologies PLC	COM	G8994E103	1,009,682	5,488	SH		SOLE		5,488	0	0
Travelers Companies Inc	COM	89417E109	606,449	3,538	SH		SOLE		3,538	0	0
Tripadvisor Inc	COM	896945201	477	24	SH		SOLE		24	0	0
Truist Financial Corp	COM	89832Q109	119,930	3,517	SH		SOLE		3,517	0	0
Truist Financial Corp 4.75 Pfd	PFD	89832Q695	2,636	125	SH		SOLE		125	0	0
Unilever PLC-Sponsored ADR	COM	904767704	522,000	10,052	SH		SOLE		10,052	0	0
Union Pacific Corp	COM	907818108	52,328	260	SH		SOLE		260	0	0
United Parcel Services B	COM	911312106	1,083,822	5,587	SH		SOLE		5,587	0	0
UnitedHealth Care Group	COM	91324P102	216,446	458	SH		SOLE		458	0	0
Unum Group 6.25 Pfd	PFD	91529Y601	3,108	125	SH		SOLE		125	0	0
Urban Edge Properties	COM	91704F104	301	20	SH		SOLE		20	0	0
US Bancorp	COM	902973304	540,750	15,000	SH		SOLE		15,000	0	0
US Bank 4.00 Pfd	PFD	902973718	1,659,361	89,165	SH		SOLE		89,165	0	0
Valero Energy Corp	COM	91913Y100	53,327	382	SH		SOLE		382	0	0
Vanguard Cons Discretionary	COM	92204A108	20,204	80	SH		SOLE		80	0	0
Vanguard Consumer Staples	COM	92204A207	11,224	58	SH		SOLE		58	0	0
Vanguard Energy ETF	COM	92204A306	3,655	32	SH		SOLE		32	0	0
Vanguard Financials ETF	COM	92204A405	6,854	88	SH		SOLE		88	0	0
Vanguard FTSE All-World Fd	COM	922042775	32,456	607	SH		SOLE		607	0	0
Vanguard Growth ETF	COM	922908736	521,080	2,089	SH		SOLE		2,089	0	0
Vanguard Health Care ETF	COM	92204A504	17,646	74	SH		SOLE		74	0	0
Vanguard Industrials ETF	COM	92204A603	10,669	56	SH		SOLE		56	0	0
Vanguard Info Tech ETF	COM	92204A702	27,754	72	SH		SOLE		72	0	0
Vanguard Long-Term Corp Bond ETF	COM	92206C813	645,971	8,103	SH		SOLE		8,103	0	0
Vanguard Materials ETF	COM	92204A801	7,646	43	SH		SOLE		43	0	0
Vanguard MSCI Emerging Mkt	COM	922042858	28,280	700	SH		SOLE		700	0	0
Vanguard REIT Index ETF	COM	922908553	52,647	634	SH		SOLE		634	0	0
Vanguard S&P 500 ETF	COM	922908363	3,045,039	8,097	SH		SOLE		8,097	0	0
Vanguard Short-Term Treasury	COM	92206C102	880,968	15,049	SH		SOLE		15,049	0	0
Verizon Communications Inc	COM	92343V104	398,350	10,243	SH		SOLE		10,243	0	0
Viatris Inc.	COM	92556V106	73,208	7,610	SH		SOLE		7,610	0	0
Victoria's Secret	COM	926400102	6,967	204	SH		SOLE		204	0	0
Visa Inc Cl-A Shares	COM	92826C839	2,765,317	12,265	SH		SOLE		12,265	0	0
Vodafone Group PLC	COM	92857W308	5,432	492	SH		SOLE		492	0	0
Vontier Corp	COM	928881101	711	26	SH		SOLE		26	0	0
Vornado Realty Trust	COM	929042109	615	40	SH		SOLE		40	0	0
W.W. Grainger Inc	COM	384802104	38,573	56	SH		SOLE		56	0	0
Wabtec Corp	COM	929740108	1,112	11	SH		SOLE		11	0	0
Wal Mart Inc.	COM	931142103	251,697	1,707	SH		SOLE		1,707	0	0
Walgreens Boots Alliance	COM	931427108	700,798	20,266	SH		SOLE		20,266	0	0
Warner Bros Discovery Inc.	COM	934423104	13,741	910	SH		SOLE		910	0	0
Waste Management Inc	COM	94106L109	85,501	524	SH		SOLE		524	0	0
Waters Corp	COM	941848103	49,541	160	SH		SOLE		160	0	0
WEC Energy Group Inc	COM	92939U106	21,612	228	SH		SOLE		228	0	0
Wells Fargo & Co	COM	949746101	130,157	3,482	SH		SOLE		3,482	0	0
Wells Fargo & Co 5.625 Pfd	PFD	94988U656	2,281	100	SH		SOLE		100	0	0
Welltower Inc	COM	95040Q104	16,345	228	SH		SOLE		228	0	0
Western Union Co	COM	959802109	17,249	1,547	SH		SOLE		1,547	0	0
Westrock Co	COM	96145D105	701	23	SH		SOLE		23	0	0
WEX INC	COM	96208T104	16,182	88	SH		SOLE		88	0	0
Woodside Energy Group LTD	COM	980228308	2,916	130	SH		SOLE		130	0	0
WPP PLC-Spon ADR	COM	92937A102	11,249	189	SH		SOLE		189	0	0
Yum Brands Inc	COM	988498101	80,569	610	SH		SOLE		610	0	0
Zebra Technologies Corp Cl	COM	989207105	1,767,762	5,559	SH		SOLE		5,559	0	0
Zimmer Holdings Inc	COM	98956P102	96,900	750	SH		SOLE		750	0	0
Zimvie Inc.	COM	98888T107	51	7	SH		SOLE		7	0	0
Zions Bancorp 6.30 Pfd	PFD	989701859	12,170	500	SH		SOLE		500	0	0
Zoetis Inc	COM	98978V103	24,966	150	SH		SOLE		150	0	0