Cutler Investment Counsel as of Dec. 31, 2015
Portfolio Holdings for Cutler Investment Counsel
Cutler Investment Counsel holds 64 positions in its portfolio as reported in the December 2015 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 | $19M | 237k | 80.70 | |
| WisdomTree Intl. LargeCap Div (DOL) | 6.1 | $18M | 418k | 43.16 | |
| Vanguard Short-Term Bond ETF (BSV) | 5.5 | $16M | 204k | 79.57 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 4.3 | $13M | 122k | 104.60 | |
| Vanguard Mid-Cap ETF (VO) | 4.2 | $12M | 102k | 120.11 | |
| Home Depot (HD) | 3.1 | $9.1M | 69k | 132.25 | |
| Bristol Myers Squibb (BMY) | 3.0 | $8.7M | 126k | 68.79 | |
| Walt Disney Company (DIS) | 2.9 | $8.4M | 80k | 105.08 | |
| McDonald's Corporation (MCD) | 2.6 | $7.5M | 64k | 118.13 | |
| Texas Instruments Incorporated (TXN) | 2.5 | $7.4M | 136k | 54.81 | |
| Microsoft Corporation (MSFT) | 2.5 | $7.3M | 132k | 55.48 | |
| Becton, Dickinson and (BDX) | 2.3 | $6.9M | 45k | 154.08 | |
| Target Corporation (TGT) | 2.3 | $6.7M | 93k | 72.62 | |
| At&t (T) | 2.2 | $6.6M | 192k | 34.41 | |
| E.I. du Pont de Nemours & Company | 2.2 | $6.4M | 96k | 66.60 | |
| Chevron Corporation (CVX) | 2.1 | $6.3M | 70k | 89.96 | |
| Johnson & Johnson (JNJ) | 2.1 | $6.3M | 61k | 102.72 | |
| BlackRock (BLK) | 2.1 | $6.2M | 18k | 340.55 | |
| Pepsi (PEP) | 2.1 | $6.2M | 62k | 99.93 | |
| United Parcel Service (UPS) | 2.0 | $5.9M | 61k | 96.23 | |
| Intel Corporation (INTC) | 2.0 | $5.9M | 171k | 34.45 | |
| Verizon Communications (VZ) | 2.0 | $5.9M | 128k | 46.22 | |
| Dominion Resources (D) | 2.0 | $5.8M | 86k | 67.65 | |
| iShares Barclays 20+ Yr Treas.Bond (TLT) | 1.9 | $5.7M | 47k | 120.59 | |
| Caterpillar (CAT) | 1.9 | $5.7M | 83k | 67.96 | |
| Deere & Company (DE) | 1.9 | $5.7M | 75k | 76.27 | |
| Exxon Mobil Corporation (XOM) | 1.9 | $5.6M | 71k | 77.95 | |
| M&T Bank Corporation (MTB) | 1.9 | $5.5M | 46k | 121.17 | |
| Merck & Co (MRK) | 1.9 | $5.5M | 104k | 52.82 | |
| Procter & Gamble Company (PG) | 1.9 | $5.5M | 69k | 79.41 | |
| American Express Company (AXP) | 1.8 | $5.3M | 77k | 69.54 | |
| United Technologies Corporation | 1.7 | $5.0M | 52k | 96.07 | |
| Wal-Mart Stores (WMT) | 1.6 | $4.8M | 79k | 61.30 | |
| International Business Machines (IBM) | 1.4 | $4.1M | 30k | 137.61 | |
| SYSCO Corporation (SYY) | 1.4 | $4.0M | 98k | 41.00 | |
| National Fuel Gas (NFG) | 1.2 | $3.6M | 85k | 42.75 | |
| Monsanto Company | 1.1 | $3.4M | 34k | 98.51 | |
| iShares MSCI Emerging Markets Indx (EEM) | 1.1 | $3.3M | 102k | 32.19 | |
| Schlumberger (SLB) | 1.0 | $3.0M | 43k | 69.76 | |
| Qualcomm (QCOM) | 0.9 | $2.8M | 55k | 49.98 | |
| WisdomTree SmallCap Earnings Fund (EES) | 0.9 | $2.5M | 34k | 75.81 | |
| iShares Barclays 10-20 Yr Tresry Bd (TLH) | 0.5 | $1.5M | 12k | 134.20 | |
| WisdomTree Total Dividend Fund (DTD) | 0.5 | $1.5M | 21k | 71.64 | |
| PowerShares FTSE RAFI US 1000 | 0.5 | $1.3M | 15k | 86.82 | |
| Nextera Energy (NEE) | 0.2 | $655k | 6.3k | 103.97 | |
| Powershares Global Etf Trust ex us sml port | 0.2 | $614k | 24k | 25.91 | |
| WisdomTree Earnings 500 Fund (EPS) | 0.2 | $601k | 8.7k | 69.40 | |
| Colgate-Palmolive Company (CL) | 0.2 | $533k | 8.0k | 66.62 | |
| Emerson Electric (EMR) | 0.1 | $430k | 9.0k | 47.78 | |
| Washington Federal (WAFD) | 0.1 | $377k | 16k | 23.81 | |
| PNC Financial Services (PNC) | 0.1 | $362k | 3.8k | 95.26 | |
| Allstate Corporation (ALL) | 0.1 | $310k | 5.0k | 62.00 | |
| SPDR Gold Trust (GLD) | 0.1 | $334k | 3.3k | 101.33 | |
| Discover Financial Services (DFS) | 0.1 | $278k | 5.2k | 53.67 | |
| Apple (AAPL) | 0.1 | $271k | 2.6k | 105.16 | |
| Vanguard Energy ETF (VDE) | 0.1 | $252k | 3.0k | 83.03 | |
| Pfizer (PFE) | 0.1 | $248k | 7.7k | 32.32 | |
| iShares Gold Trust | 0.1 | $221k | 22k | 10.24 | |
| iShares Dow Jones Select Dividend (DVY) | 0.1 | $249k | 3.3k | 75.00 | |
| Vanguard REIT ETF (VNQ) | 0.1 | $222k | 2.8k | 79.74 | |
| America Movil Sab De Cv spon adr l | 0.1 | $170k | 12k | 14.05 | |
| ICICI Bank (IBN) | 0.0 | $131k | 17k | 7.84 | |
| Banco Itau Holding Financeira (ITUB) | 0.0 | $98k | 15k | 6.53 | |
| Vale (VALE) | 0.0 | $39k | 12k | 3.33 |
