Cutler Investment Counsel as of Sept. 30, 2011
Portfolio Holdings for Cutler Investment Counsel
Cutler Investment Counsel holds 49 positions in its portfolio as reported in the September 2011 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| WisdomTree Earnings 500 Fund (EPS) | 4.0 | $4.6M | 116k | 39.50 | |
| WisdomTree Intl. LargeCap Div (DOL) | 4.0 | $4.6M | 121k | 37.96 | |
| International Business Machines (IBM) | 3.5 | $4.1M | 23k | 174.89 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 3.1 | $3.6M | 34k | 103.99 | |
| Consolidated Edison (ED) | 3.1 | $3.5M | 61k | 57.02 | |
| Chevron Corporation (CVX) | 3.0 | $3.4M | 37k | 92.58 | |
| Exxon Mobil Corporation (XOM) | 2.9 | $3.4M | 46k | 72.62 | |
| American Express Company (AXP) | 2.9 | $3.3M | 74k | 44.90 | |
| McDonald's Corporation (MCD) | 2.9 | $3.3M | 37k | 87.83 | |
| Nordstrom (JWN) | 2.8 | $3.2M | 70k | 45.68 | |
| Bristol Myers Squibb (BMY) | 2.6 | $3.0M | 95k | 31.37 | |
| WisdomTree Emerging Markets Eq (DEM) | 2.6 | $3.0M | 63k | 47.35 | |
| Verizon Communications (VZ) | 2.5 | $2.9M | 79k | 36.80 | |
| Chubb Corporation | 2.5 | $2.9M | 48k | 59.99 | |
| United Technologies Corporation | 2.5 | $2.9M | 41k | 70.35 | |
| E.I. du Pont de Nemours & Company | 2.5 | $2.9M | 71k | 39.97 | |
| Texas Instruments Incorporated (TXN) | 2.4 | $2.8M | 104k | 26.65 | |
| Intel Corporation (INTC) | 2.4 | $2.7M | 127k | 21.34 | |
| Union Pacific Corporation (UNP) | 2.3 | $2.6M | 32k | 81.66 | |
| ConocoPhillips (COP) | 2.2 | $2.6M | 40k | 63.33 | |
| Johnson & Johnson (JNJ) | 2.2 | $2.5M | 40k | 63.70 | |
| At&t (T) | 2.1 | $2.4M | 85k | 28.52 | |
| Pepsi (PEP) | 2.1 | $2.4M | 39k | 61.89 | |
| Procter & Gamble Company (PG) | 2.1 | $2.4M | 38k | 63.18 | |
| Kimberly-Clark Corporation (KMB) | 2.0 | $2.3M | 33k | 71.01 | |
| Home Depot (HD) | 2.0 | $2.3M | 70k | 32.88 | |
| Merck & Co (MRK) | 2.0 | $2.3M | 69k | 32.70 | |
| Caterpillar (CAT) | 2.0 | $2.2M | 30k | 73.83 | |
| Walt Disney Company (DIS) | 2.0 | $2.2M | 75k | 30.16 | |
| Becton, Dickinson and (BDX) | 1.9 | $2.2M | 30k | 73.34 | |
| National Fuel Gas (NFG) | 1.9 | $2.2M | 46k | 48.69 | |
| Emerson Electric (EMR) | 1.9 | $2.2M | 52k | 41.32 | |
| M&T Bank Corporation (MTB) | 1.9 | $2.1M | 30k | 69.89 | |
| Honeywell International (HON) | 1.7 | $2.0M | 45k | 43.90 | |
| Archer Daniels Midland Company (ADM) | 1.7 | $2.0M | 79k | 24.80 | |
| SYSCO Corporation (SYY) | 1.6 | $1.8M | 70k | 25.90 | |
| Vanguard Mid-Cap ETF (VO) | 1.5 | $1.7M | 26k | 65.11 | |
| Vanguard Short-Term Bond ETF (BSV) | 1.4 | $1.6M | 20k | 81.44 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 1.4 | $1.6M | 19k | 82.84 | |
| Monsanto Company | 1.4 | $1.5M | 26k | 60.04 | |
| Vanguard REIT ETF (VNQ) | 1.3 | $1.5M | 30k | 50.88 | |
| Nucor Corporation (NUE) | 1.3 | $1.5M | 47k | 31.64 | |
| Vanguard Total Bond Market ETF (BND) | 1.0 | $1.1M | 14k | 83.75 | |
| iShares Barclays TIPS Bond Fund (TIP) | 1.0 | $1.1M | 9.9k | 114.28 | |
| WisdomTree SmallCap Earnings Fund (EES) | 1.0 | $1.1M | 26k | 43.44 | |
| PNC Financial Services (PNC) | 0.2 | $231k | 4.8k | 48.12 | |
| Public Service Enterprise (PEG) | 0.2 | $212k | 6.4k | 33.33 | |
| Pfizer (PFE) | 0.2 | $206k | 12k | 17.65 | |
| Norfolk Southern (NSC) | 0.2 | $201k | 3.3k | 60.91 |
