Cutler Investment Counsel as of Dec. 31, 2011
Portfolio Holdings for Cutler Investment Counsel
Cutler Investment Counsel holds 49 positions in its portfolio as reported in the December 2011 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| WisdomTree Earnings 500 Fund (EPS) | 4.1 | $5.2M | 118k | 44.03 | |
| WisdomTree Intl. LargeCap Div (DOL) | 3.8 | $4.9M | 122k | 40.00 | |
| International Business Machines (IBM) | 3.3 | $4.3M | 23k | 183.89 | |
| Chevron Corporation (CVX) | 3.1 | $3.9M | 37k | 106.41 | |
| Exxon Mobil Corporation (XOM) | 3.0 | $3.9M | 46k | 84.77 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 3.0 | $3.8M | 37k | 104.20 | |
| Consolidated Edison (ED) | 3.0 | $3.8M | 61k | 62.02 | |
| McDonald's Corporation (MCD) | 2.9 | $3.7M | 37k | 100.33 | |
| American Express Company (AXP) | 2.7 | $3.4M | 73k | 47.17 | |
| Nordstrom (JWN) | 2.7 | $3.4M | 69k | 49.71 | |
| Union Pacific Corporation (UNP) | 2.6 | $3.4M | 32k | 105.94 | |
| Bristol Myers Squibb (BMY) | 2.6 | $3.3M | 95k | 35.24 | |
| Chubb Corporation | 2.6 | $3.3M | 48k | 69.22 | |
| WisdomTree Emerging Markets Eq (DEM) | 2.6 | $3.3M | 64k | 51.26 | |
| E.I. du Pont de Nemours & Company | 2.5 | $3.2M | 70k | 45.77 | |
| Verizon Communications (VZ) | 2.5 | $3.2M | 79k | 40.12 | |
| Intel Corporation (INTC) | 2.4 | $3.1M | 127k | 24.25 | |
| Texas Instruments Incorporated (TXN) | 2.3 | $3.0M | 103k | 29.11 | |
| Home Depot (HD) | 2.3 | $2.9M | 70k | 42.04 | |
| United Technologies Corporation | 2.3 | $2.9M | 40k | 73.08 | |
| ConocoPhillips (COP) | 2.3 | $2.9M | 40k | 72.87 | |
| Walt Disney Company (DIS) | 2.2 | $2.8M | 74k | 37.50 | |
| Caterpillar (CAT) | 2.1 | $2.7M | 30k | 90.61 | |
| Merck & Co (MRK) | 2.1 | $2.6M | 70k | 37.70 | |
| Johnson & Johnson (JNJ) | 2.0 | $2.6M | 40k | 65.58 | |
| At&t (T) | 2.0 | $2.6M | 86k | 30.24 | |
| Pepsi (PEP) | 2.0 | $2.6M | 39k | 66.36 | |
| National Fuel Gas (NFG) | 2.0 | $2.5M | 46k | 55.58 | |
| Procter & Gamble Company (PG) | 1.9 | $2.5M | 37k | 66.70 | |
| Honeywell International (HON) | 1.9 | $2.5M | 45k | 54.35 | |
| Kimberly-Clark Corporation (KMB) | 1.9 | $2.4M | 33k | 73.56 | |
| Emerson Electric (EMR) | 1.9 | $2.4M | 52k | 46.58 | |
| M&T Bank Corporation (MTB) | 1.8 | $2.3M | 31k | 76.34 | |
| Becton, Dickinson and (BDX) | 1.8 | $2.3M | 30k | 74.71 | |
| Archer Daniels Midland Company (ADM) | 1.8 | $2.2M | 78k | 28.61 | |
| SYSCO Corporation (SYY) | 1.6 | $2.1M | 70k | 29.33 | |
| Vanguard Mid-Cap ETF (VO) | 1.5 | $1.9M | 27k | 71.96 | |
| Nucor Corporation (NUE) | 1.5 | $1.9M | 47k | 39.56 | |
| Monsanto Company | 1.4 | $1.9M | 26k | 70.07 | |
| Vanguard Short-Term Bond ETF (BSV) | 1.4 | $1.7M | 22k | 80.82 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 1.4 | $1.7M | 19k | 89.43 | |
| Vanguard REIT ETF (VNQ) | 1.3 | $1.7M | 29k | 58.01 | |
| WisdomTree SmallCap Earnings Fund (EES) | 1.0 | $1.3M | 26k | 50.30 | |
| iShares Barclays TIPS Bond Fund (TIP) | 1.0 | $1.2M | 11k | 116.69 | |
| Vanguard Total Bond Market ETF (BND) | 0.9 | $1.2M | 14k | 83.57 | |
| PNC Financial Services (PNC) | 0.2 | $277k | 4.8k | 57.71 | |
| Pfizer (PFE) | 0.2 | $253k | 12k | 21.68 | |
| Norfolk Southern (NSC) | 0.2 | $240k | 3.3k | 72.73 | |
| Public Service Enterprise (PEG) | 0.2 | $209k | 6.3k | 33.02 |
