Cutler Investment Counsel

Cutler Investment Counsel as of Dec. 31, 2014

Portfolio Holdings for Cutler Investment Counsel

Cutler Investment Counsel holds 62 positions in its portfolio as reported in the December 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Rydex S&P 500 Pure Growth ETF 6.5 $20M 248k 79.52
WisdomTree Intl. LargeCap Div (DOL) 5.6 $17M 366k 46.73
Vanguard Short-Term Bond ETF (BSV) 4.0 $12M 152k 79.95
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 4.0 $12M 115k 105.18
Vanguard Mid-Cap ETF (VO) 3.6 $11M 88k 123.56
Home Depot (HD) 2.6 $7.9M 75k 104.96
Walt Disney Company (DIS) 2.5 $7.5M 80k 94.19
Bristol Myers Squibb (BMY) 2.5 $7.5M 127k 59.03
WisdomTree Emerging Markets Eq (DEM) 2.4 $7.4M 176k 42.16
Texas Instruments Incorporated (TXN) 2.4 $7.3M 137k 53.47
American Express Company (AXP) 2.4 $7.2M 77k 93.04
Nordstrom (JWN) 2.3 $7.1M 89k 79.39
Target Corporation (TGT) 2.3 $7.0M 93k 75.92
E.I. du Pont de Nemours & Company 2.2 $6.8M 92k 73.94
Exxon Mobil Corporation (XOM) 2.2 $6.6M 72k 92.44
Deere & Company (DE) 2.2 $6.6M 74k 88.47
Chubb Corporation 2.1 $6.4M 62k 103.48
Johnson & Johnson (JNJ) 2.1 $6.4M 61k 104.57
At&t (T) 2.1 $6.4M 189k 33.59
Procter & Gamble Company (PG) 2.1 $6.3M 69k 91.10
Intel Corporation (INTC) 2.0 $6.2M 172k 36.29
Becton, Dickinson and (BDX) 2.0 $6.2M 45k 139.15
Microsoft Corporation (MSFT) 2.0 $6.2M 133k 46.45
United Technologies Corporation 2.0 $6.0M 52k 115.01
McDonald's Corporation (MCD) 2.0 $6.0M 64k 93.70
National Fuel Gas (NFG) 1.9 $5.9M 85k 69.54
Pepsi (PEP) 1.9 $5.8M 62k 94.56
Merck & Co (MRK) 1.9 $5.8M 102k 56.79
M&T Bank Corporation (MTB) 1.9 $5.7M 46k 125.61
Caterpillar (CAT) 1.9 $5.7M 62k 91.54
Chevron Corporation (CVX) 1.8 $5.4M 48k 112.18
WisdomTree SmallCap Earnings Fund (EES) 1.8 $5.4M 65k 82.73
BlackRock (BLK) 1.7 $5.2M 14k 357.55
International Business Machines (IBM) 1.6 $4.8M 30k 160.44
ConocoPhillips (COP) 1.5 $4.7M 68k 69.06
Verizon Communications (VZ) 1.5 $4.6M 98k 46.78
Emerson Electric (EMR) 1.5 $4.5M 73k 61.73
Monsanto Company 1.4 $4.1M 34k 119.48
Qualcomm (QCOM) 1.3 $3.9M 53k 74.33
SYSCO Corporation (SYY) 1.3 $3.9M 98k 39.69
Schlumberger (SLB) 1.2 $3.7M 44k 85.40
iShares Barclays 20+ Yr Treas.Bond (TLT) 1.0 $3.1M 25k 125.91
Powershares Global Etf Trust ex us sml port 0.8 $2.5M 95k 26.00
Vanguard REIT ETF (VNQ) 0.6 $1.9M 24k 81.00
iShares 10+ Year Credit Bond Fund ETF (IGLB) 0.5 $1.4M 23k 61.52
Vanguard Total Bond Market ETF (BND) 0.4 $1.3M 16k 82.34
PowerShares FTSE RAFI US 1000 0.4 $1.1M 12k 91.44
WisdomTree Dividend ex-Fin Fund (AIVL) 0.4 $1.1M 14k 76.74
iShares Barclays 10-20 Yr Tresry Bd (TLH) 0.2 $700k 5.2k 135.08
Nextera Energy (NEE) 0.2 $670k 6.3k 106.35
iShares Barclays TIPS Bond Fund (TIP) 0.2 $667k 6.0k 112.06
Colgate-Palmolive Company (CL) 0.2 $554k 8.0k 69.25
WisdomTree Earnings 500 Fund (EPS) 0.2 $520k 7.4k 70.40
Allstate Corporation (ALL) 0.1 $351k 5.0k 70.20
Washington Federal (WAFD) 0.1 $351k 16k 22.17
Vanguard Energy ETF (VDE) 0.1 $365k 3.3k 111.76
PNC Financial Services (PNC) 0.1 $347k 3.8k 91.32
Discover Financial Services (DFS) 0.1 $339k 5.2k 65.44
SPDR Gold Trust (GLD) 0.1 $341k 3.0k 113.70
Pfizer (PFE) 0.1 $240k 7.7k 31.18
iShares Gold Trust 0.1 $247k 22k 11.44
WisdomTree Total Dividend Fund (DTD) 0.1 $225k 3.1k 73.41