Cutler Investment Counsel

Cutler Investment Counsel as of March 31, 2016

Portfolio Holdings for Cutler Investment Counsel

Cutler Investment Counsel holds 74 positions in its portfolio as reported in the March 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Rydex S&P 500 Pure Growth ETF 6.1 $20M 251k 79.40
Vanguard Short-Term Bond ETF (BSV) 5.9 $19M 240k 80.63
WisdomTree Intl. LargeCap Div (DOL) 5.9 $19M 459k 41.88
Vanguard Mid-Cap ETF (VO) 4.5 $15M 120k 121.23
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 4.4 $14M 136k 105.42
Home Depot (HD) 2.7 $8.9M 67k 133.43
Exxon Mobil Corporation (XOM) 2.5 $8.2M 98k 83.59
McDonald's Corporation (MCD) 2.5 $8.0M 64k 125.67
Walt Disney Company (DIS) 2.4 $7.9M 80k 99.31
Bristol Myers Squibb (BMY) 2.3 $7.6M 120k 63.88
Target Corporation (TGT) 2.3 $7.6M 93k 82.28
At&t (T) 2.3 $7.5M 193k 39.17
Texas Instruments Incorporated (TXN) 2.3 $7.5M 131k 57.42
Microsoft Corporation (MSFT) 2.2 $7.4M 133k 55.23
Verizon Communications (VZ) 2.1 $6.9M 128k 54.08
iShares Barclays 20+ Yr Treas.Bond (TLT) 2.1 $6.8M 52k 130.62
Chevron Corporation (CVX) 2.1 $6.8M 71k 95.40
Becton, Dickinson and (BDX) 2.1 $6.8M 45k 151.81
Johnson & Johnson (JNJ) 2.0 $6.6M 61k 108.20
Dominion Resources (D) 2.0 $6.5M 86k 75.12
United Parcel Service (UPS) 2.0 $6.5M 62k 105.47
Caterpillar (CAT) 2.0 $6.4M 84k 76.54
Pepsi (PEP) 2.0 $6.4M 63k 102.48
BlackRock (BLK) 1.9 $6.2M 18k 340.58
E.I. du Pont de Nemours & Company 1.9 $6.1M 96k 63.32
Deere & Company (DE) 1.8 $5.7M 75k 76.99
Wal-Mart Stores (WMT) 1.8 $5.7M 83k 68.49
Procter & Gamble Company (PG) 1.8 $5.7M 69k 82.31
Intel Corporation (INTC) 1.7 $5.6M 173k 32.35
Merck & Co (MRK) 1.6 $5.3M 100k 52.91
United Technologies Corporation 1.6 $5.2M 52k 100.09
M&T Bank Corporation (MTB) 1.6 $5.1M 46k 110.99
American Express Company (AXP) 1.5 $4.8M 78k 61.40
SYSCO Corporation (SYY) 1.4 $4.6M 99k 46.73
Qualcomm (QCOM) 1.3 $4.4M 85k 51.14
National Fuel Gas (NFG) 1.3 $4.3M 85k 50.05
iShares MSCI Emerging Markets Indx (EEM) 1.1 $3.6M 104k 34.25
Schlumberger (SLB) 1.0 $3.2M 44k 73.75
Monsanto Company 0.9 $3.0M 34k 87.74
WisdomTree SmallCap Earnings Fund (EES) 0.8 $2.7M 35k 76.94
Schwab Strategic Tr 0 (SCHP) 0.7 $2.2M 40k 55.53
WisdomTree Total Dividend Fund (DTD) 0.6 $1.9M 25k 74.23
Vanguard Growth ETF (VUG) 0.6 $1.8M 17k 106.44
iShares Barclays 10-20 Yr Tresry Bd (TLH) 0.6 $1.8M 13k 141.53
iShares MSCI EAFE Growth Index (EFG) 0.5 $1.8M 27k 65.81
Powershares Global Etf Trust ex us sml port 0.5 $1.8M 68k 26.17
PowerShares FTSE RAFI US 1000 0.5 $1.7M 20k 88.13
Vanguard Small-Cap Value ETF (VBR) 0.5 $1.7M 17k 101.88
Vanguard Small-Cap Growth ETF (VBK) 0.5 $1.7M 14k 118.98
iShares Lehman Aggregate Bond (AGG) 0.4 $1.4M 13k 110.81
Vanguard Emerging Markets ETF (VWO) 0.3 $1.1M 31k 34.57
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.3 $860k 8.5k 100.74
Nextera Energy (NEE) 0.2 $746k 6.3k 118.41
Vanguard Value ETF (VTV) 0.2 $747k 9.1k 82.40
WisdomTree Earnings 500 Fund (EPS) 0.2 $641k 9.2k 69.66
iShares MSCI EAFE Value Index (EFV) 0.2 $572k 13k 44.89
Colgate-Palmolive Company (CL) 0.2 $565k 8.0k 70.62
Emerson Electric (EMR) 0.1 $489k 9.0k 54.33
iShares S&P MidCap 400 Index (IJH) 0.1 $424k 2.9k 144.27
SPDR Gold Trust (GLD) 0.1 $397k 3.4k 117.66
Washington Federal (WAFD) 0.1 $359k 16k 22.68
PNC Financial Services (PNC) 0.1 $321k 3.8k 84.47
Allstate Corporation (ALL) 0.1 $337k 5.0k 67.40
Apple (AAPL) 0.1 $290k 2.7k 109.02
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.1 $278k 2.2k 126.08
Discover Financial Services (DFS) 0.1 $264k 5.2k 50.97
iShares Gold Trust 0.1 $256k 22k 11.86
Vanguard Energy ETF (VDE) 0.1 $267k 3.1k 85.96
Pfizer (PFE) 0.1 $227k 7.7k 29.58
Starbucks Corporation (SBUX) 0.1 $216k 3.6k 59.68
America Movil Sab De Cv spon adr l 0.1 $188k 12k 15.53
Vanguard Admiral Fds Inc cmn (IVOO) 0.1 $204k 1.1k 188.19
ICICI Bank (IBN) 0.0 $138k 19k 7.15
Banco Itau Holding Financeira (ITUB) 0.0 $129k 15k 8.59