Cutler Investment Counsel as of Dec. 31, 2013
Portfolio Holdings for Cutler Investment Counsel
Cutler Investment Counsel holds 51 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 | 5.6 | $12M | 235k | 49.28 | |
| WisdomTree Intl. LargeCap Div (DOL) | 5.2 | $11M | 241k | 44.93 | |
| Vanguard Short-Term Bond ETF (BSV) | 4.8 | $9.9M | 122k | 80.99 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 4.7 | $9.7M | 92k | 105.48 | |
| WisdomTree Emerging Markets Eq (DEM) | 4.0 | $8.2M | 143k | 57.19 | |
| Home Depot (HD) | 2.8 | $5.8M | 93k | 61.85 | |
| International Business Machines (IBM) | 2.8 | $5.7M | 30k | 191.56 | |
| American Express Company (AXP) | 2.6 | $5.5M | 95k | 57.48 | |
| Chevron Corporation (CVX) | 2.5 | $5.3M | 49k | 108.14 | |
| Exxon Mobil Corporation (XOM) | 2.4 | $5.0M | 57k | 86.54 | |
| Walt Disney Company (DIS) | 2.4 | $4.9M | 98k | 49.79 | |
| Nordstrom (JWN) | 2.3 | $4.8M | 91k | 53.50 | |
| Chubb Corporation | 2.3 | $4.8M | 63k | 75.32 | |
| M&T Bank Corporation (MTB) | 2.1 | $4.4M | 45k | 98.48 | |
| United Technologies Corporation | 2.1 | $4.4M | 54k | 82.01 | |
| Verizon Communications (VZ) | 2.1 | $4.4M | 101k | 43.27 | |
| Texas Instruments Incorporated (TXN) | 2.0 | $4.2M | 137k | 30.89 | |
| Vanguard REIT ETF (VNQ) | 2.0 | $4.2M | 64k | 65.80 | |
| Johnson & Johnson (JNJ) | 2.0 | $4.1M | 59k | 70.09 | |
| McDonald's Corporation (MCD) | 2.0 | $4.1M | 47k | 88.22 | |
| E.I. du Pont de Nemours & Company | 2.0 | $4.1M | 92k | 44.97 | |
| Merck & Co (MRK) | 2.0 | $4.1M | 100k | 40.94 | |
| Kimberly-Clark Corporation (KMB) | 1.9 | $4.1M | 48k | 84.43 | |
| National Fuel Gas (NFG) | 1.9 | $4.0M | 79k | 50.69 | |
| ConocoPhillips (COP) | 1.9 | $3.8M | 66k | 57.98 | |
| At&t (T) | 1.8 | $3.8M | 113k | 33.71 | |
| Bristol Myers Squibb (BMY) | 1.8 | $3.8M | 115k | 32.59 | |
| Honeywell International (HON) | 1.8 | $3.8M | 59k | 63.46 | |
| Intel Corporation (INTC) | 1.7 | $3.6M | 175k | 20.62 | |
| Vanguard Mid-Cap ETF (VO) | 1.7 | $3.6M | 44k | 82.44 | |
| Pepsi (PEP) | 1.7 | $3.6M | 52k | 68.42 | |
| Microsoft Corporation (MSFT) | 1.7 | $3.5M | 132k | 26.71 | |
| Procter & Gamble Company (PG) | 1.7 | $3.5M | 51k | 67.90 | |
| Emerson Electric (EMR) | 1.7 | $3.4M | 65k | 52.96 | |
| Caterpillar (CAT) | 1.6 | $3.4M | 38k | 89.62 | |
| Charles Schwab Corporation (SCHW) | 1.6 | $3.3M | 232k | 14.36 | |
| Vanguard Total Bond Market ETF (BND) | 1.6 | $3.3M | 39k | 84.02 | |
| WisdomTree SmallCap Earnings Fund (EES) | 1.6 | $3.2M | 57k | 56.71 | |
| Monsanto Company | 1.5 | $3.1M | 33k | 94.65 | |
| SYSCO Corporation (SYY) | 1.5 | $3.1M | 97k | 31.66 | |
| Becton, Dickinson and (BDX) | 1.5 | $3.0M | 39k | 78.20 | |
| Archer Daniels Midland Company (ADM) | 1.3 | $2.8M | 101k | 27.39 | |
| Nucor Corporation (NUE) | 1.3 | $2.8M | 65k | 43.16 | |
| Phillips 66 (PSX) | 0.7 | $1.4M | 27k | 53.10 | |
| iShares Barclays TIPS Bond Fund (TIP) | 0.5 | $995k | 8.2k | 121.46 | |
| WisdomTree LargeCap Value Fund (WTV) | 0.5 | $970k | 22k | 44.64 | |
| WisdomTree Dividend ex-Fin Fund (AIVL) | 0.3 | $610k | 11k | 55.55 | |
| Pfizer (PFE) | 0.1 | $292k | 12k | 25.06 | |
| PNC Financial Services (PNC) | 0.1 | $280k | 4.8k | 58.33 | |
| McGraw-Hill Companies | 0.1 | $239k | 4.4k | 54.73 | |
| Norfolk Southern (NSC) | 0.1 | $204k | 3.3k | 61.82 |
