Cutler Investment Counsel

Cutler Investment Counsel as of Sept. 30, 2013

Portfolio Holdings for Cutler Investment Counsel

Cutler Investment Counsel holds 61 positions in its portfolio as reported in the September 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Rydex S&P 500 Pure Growth ETF 6.4 $16M 257k 63.53
WisdomTree Intl. LargeCap Div (DOL) 5.5 $14M 286k 49.38
Vanguard Short-Term Bond ETF (BSV) 4.4 $11M 141k 80.37
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 4.4 $11M 107k 105.28
WisdomTree Emerging Markets Eq (DEM) 3.0 $7.8M 151k 51.69
Exxon Mobil Corporation (XOM) 2.6 $6.6M 76k 86.05
Vanguard Mid-Cap ETF (VO) 2.3 $5.9M 57k 102.48
Chevron Corporation (CVX) 2.3 $5.9M 48k 121.51
American Express Company (AXP) 2.3 $5.8M 77k 75.52
National Fuel Gas (NFG) 2.3 $5.8M 84k 68.76
Chubb Corporation 2.2 $5.7M 64k 89.26
Home Depot (HD) 2.2 $5.6M 75k 75.85
United Technologies Corporation 2.2 $5.6M 52k 107.81
International Business Machines (IBM) 2.2 $5.6M 30k 185.20
Texas Instruments Incorporated (TXN) 2.1 $5.5M 137k 40.29
E.I. du Pont de Nemours & Company 2.1 $5.4M 92k 58.56
Bristol Myers Squibb (BMY) 2.1 $5.4M 117k 46.28
Johnson & Johnson (JNJ) 2.0 $5.2M 60k 86.69
Caterpillar (CAT) 2.0 $5.1M 61k 83.40
Walt Disney Company (DIS) 2.0 $5.1M 79k 64.50
Nordstrom (JWN) 2.0 $5.1M 91k 56.20
M&T Bank Corporation (MTB) 2.0 $5.1M 45k 111.91
Charles Schwab Corporation (SCHW) 1.9 $4.9M 234k 21.14
Honeywell International (HON) 1.9 $4.9M 59k 83.05
Pepsi (PEP) 1.9 $4.9M 62k 79.49
Merck & Co (MRK) 1.9 $4.8M 101k 47.61
Verizon Communications (VZ) 1.9 $4.8M 102k 46.67
Emerson Electric (EMR) 1.9 $4.8M 74k 64.70
WisdomTree SmallCap Earnings Fund (EES) 1.9 $4.7M 64k 73.97
ConocoPhillips (COP) 1.8 $4.6M 67k 69.51
McDonald's Corporation (MCD) 1.8 $4.6M 47k 96.22
Kimberly-Clark Corporation (KMB) 1.8 $4.5M 48k 94.23
Microsoft Corporation (MSFT) 1.7 $4.4M 133k 33.28
Becton, Dickinson and (BDX) 1.7 $4.4M 44k 100.01
Procter & Gamble Company (PG) 1.7 $4.4M 58k 75.58
At&t (T) 1.7 $4.3M 126k 33.82
Intel Corporation (INTC) 1.5 $3.9M 171k 22.92
Archer Daniels Midland Company (ADM) 1.5 $3.7M 102k 36.84
Qualcomm (QCOM) 1.4 $3.6M 53k 67.31
Monsanto Company 1.4 $3.5M 34k 104.36
Target Corporation (TGT) 1.3 $3.3M 51k 63.99
SYSCO Corporation (SYY) 1.2 $3.1M 97k 31.83
Vanguard Total Bond Market ETF (BND) 1.1 $2.9M 36k 80.87
Vanguard REIT ETF (VNQ) 1.1 $2.8M 43k 66.15
Powershares Global Etf Trust ex us sml port 1.0 $2.5M 92k 27.18
WisdomTree LargeCap Value Fund (WTV) 0.4 $1.0M 20k 52.24
iShares Barclays TIPS Bond Fund (TIP) 0.3 $877k 7.8k 112.55
WisdomTree Dividend ex-Fin Fund (AIVL) 0.3 $684k 11k 63.64
Nextera Energy (NEE) 0.2 $481k 6.0k 80.17
Colgate-Palmolive Company (CL) 0.2 $474k 8.0k 59.25
Vanguard Energy ETF (VDE) 0.1 $384k 3.2k 119.44
PNC Financial Services (PNC) 0.1 $348k 4.8k 72.50
WisdomTree Earnings 500 Fund (EPS) 0.1 $353k 6.0k 58.64
Pfizer (PFE) 0.1 $334k 12k 28.70
Washington Federal (WAFD) 0.1 $327k 16k 20.65
McGraw-Hill Companies 0.1 $289k 4.4k 65.52
SPDR Gold Trust (GLD) 0.1 $285k 2.2k 128.38
Discover Financial Services (DFS) 0.1 $262k 5.2k 50.58
Norfolk Southern (NSC) 0.1 $255k 3.3k 77.27
Allstate Corporation (ALL) 0.1 $253k 5.0k 50.60
Public Service Enterprise (PEG) 0.1 $201k 6.1k 33.00