Cutler Investment Counsel as of Dec. 31, 2013
Portfolio Holdings for Cutler Investment Counsel
Cutler Investment Counsel holds 60 positions in its portfolio as reported in the December 2013 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Rydex S&P 500 Pure Growth ETF | 6.2 | $17M | 243k | 70.30 | |
| WisdomTree Intl. LargeCap Div (DOL) | 5.9 | $16M | 311k | 51.97 | |
| Vanguard Short-Term Bond ETF (BSV) | 4.5 | $12M | 155k | 79.93 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 4.5 | $12M | 117k | 105.46 | |
| Exxon Mobil Corporation (XOM) | 2.8 | $7.7M | 76k | 101.20 | |
| American Express Company (AXP) | 2.5 | $7.0M | 77k | 90.72 | |
| Vanguard Mid-Cap ETF (VO) | 2.4 | $6.6M | 60k | 110.01 | |
| WisdomTree Emerging Markets Eq (DEM) | 2.4 | $6.5M | 128k | 51.03 | |
| Bristol Myers Squibb (BMY) | 2.2 | $6.2M | 116k | 53.15 | |
| Home Depot (HD) | 2.2 | $6.1M | 74k | 82.35 | |
| Charles Schwab Corporation (SCHW) | 2.2 | $6.1M | 233k | 26.00 | |
| Walt Disney Company (DIS) | 2.2 | $6.0M | 79k | 76.40 | |
| Chevron Corporation (CVX) | 2.2 | $6.0M | 48k | 124.91 | |
| Texas Instruments Incorporated (TXN) | 2.2 | $6.0M | 137k | 43.91 | |
| National Fuel Gas (NFG) | 2.2 | $6.0M | 84k | 71.40 | |
| Chubb Corporation | 2.1 | $5.9M | 62k | 96.64 | |
| E.I. du Pont de Nemours & Company | 2.1 | $5.9M | 91k | 64.97 | |
| United Technologies Corporation | 2.1 | $5.9M | 52k | 113.81 | |
| International Business Machines (IBM) | 2.0 | $5.6M | 30k | 187.58 | |
| Caterpillar (CAT) | 2.0 | $5.6M | 61k | 90.80 | |
| Nordstrom (JWN) | 2.0 | $5.5M | 89k | 61.80 | |
| Johnson & Johnson (JNJ) | 2.0 | $5.4M | 59k | 91.58 | |
| WisdomTree SmallCap Earnings Fund (EES) | 1.9 | $5.3M | 65k | 81.63 | |
| M&T Bank Corporation (MTB) | 1.9 | $5.3M | 45k | 116.41 | |
| Powershares Global Etf Trust ex us sml port | 1.9 | $5.2M | 186k | 27.91 | |
| Emerson Electric (EMR) | 1.9 | $5.1M | 73k | 70.19 | |
| Pepsi (PEP) | 1.9 | $5.1M | 61k | 82.93 | |
| Merck & Co (MRK) | 1.8 | $5.0M | 101k | 50.05 | |
| Microsoft Corporation (MSFT) | 1.8 | $4.9M | 131k | 37.41 | |
| Verizon Communications (VZ) | 1.8 | $4.9M | 99k | 49.14 | |
| Becton, Dickinson and (BDX) | 1.8 | $4.9M | 44k | 110.50 | |
| Kimberly-Clark Corporation (KMB) | 1.7 | $4.8M | 46k | 104.46 | |
| Procter & Gamble Company (PG) | 1.7 | $4.7M | 58k | 81.41 | |
| ConocoPhillips (COP) | 1.7 | $4.7M | 67k | 70.65 | |
| Deere & Company (DE) | 1.7 | $4.6M | 51k | 91.33 | |
| McDonald's Corporation (MCD) | 1.7 | $4.6M | 47k | 97.04 | |
| At&t (T) | 1.6 | $4.4M | 126k | 35.16 | |
| Intel Corporation (INTC) | 1.6 | $4.4M | 170k | 25.96 | |
| Archer Daniels Midland Company (ADM) | 1.6 | $4.4M | 101k | 43.40 | |
| Target Corporation (TGT) | 1.4 | $3.9M | 62k | 63.28 | |
| Qualcomm (QCOM) | 1.4 | $3.9M | 53k | 74.26 | |
| Monsanto Company | 1.4 | $3.9M | 33k | 116.56 | |
| SYSCO Corporation (SYY) | 1.3 | $3.5M | 97k | 36.10 | |
| Vanguard Total Bond Market ETF (BND) | 0.9 | $2.5M | 31k | 80.06 | |
| Vanguard REIT ETF (VNQ) | 0.3 | $887k | 14k | 64.55 | |
| WisdomTree LargeCap Value Fund (WTV) | 0.3 | $896k | 16k | 57.61 | |
| iShares Barclays TIPS Bond Fund (TIP) | 0.3 | $868k | 7.9k | 109.93 | |
| WisdomTree Dividend ex-Fin Fund (AIVL) | 0.3 | $758k | 11k | 68.75 | |
| Colgate-Palmolive Company (CL) | 0.2 | $522k | 8.0k | 65.25 | |
| Nextera Energy (NEE) | 0.2 | $514k | 6.0k | 85.67 | |
| WisdomTree Earnings 500 Fund (EPS) | 0.2 | $428k | 6.6k | 64.40 | |
| Vanguard Energy ETF (VDE) | 0.2 | $448k | 3.5k | 126.34 | |
| PNC Financial Services (PNC) | 0.1 | $372k | 4.8k | 77.50 | |
| Pfizer (PFE) | 0.1 | $356k | 12k | 30.59 | |
| Washington Federal (WAFD) | 0.1 | $369k | 16k | 23.31 | |
| McGraw-Hill Companies | 0.1 | $341k | 4.4k | 78.09 | |
| Discover Financial Services (DFS) | 0.1 | $290k | 5.2k | 55.98 | |
| Norfolk Southern (NSC) | 0.1 | $306k | 3.3k | 92.73 | |
| Allstate Corporation (ALL) | 0.1 | $273k | 5.0k | 54.60 | |
| SPDR Gold Trust (GLD) | 0.1 | $233k | 2.0k | 116.21 |
