Cutler Investment Counsel as of Sept. 30, 2017
Portfolio Holdings for Cutler Investment Counsel
Cutler Investment Counsel holds 88 positions in its portfolio as reported in the September 2017 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Rydex S&P 500 Pure Growth ETF | 5.7 | $24M | 244k | 100.02 | |
| Vanguard Short-Term Bond ETF (BSV) | 5.3 | $23M | 285k | 79.82 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 4.1 | $18M | 168k | 105.35 | |
| Vanguard Mid-Cap ETF (VO) | 3.1 | $13M | 90k | 147.00 | |
| Home Depot (HD) | 3.1 | $13M | 80k | 163.56 | |
| Texas Instruments Incorporated (TXN) | 2.9 | $13M | 139k | 89.64 | |
| Caterpillar (CAT) | 2.9 | $12M | 99k | 124.71 | |
| Microsoft Corporation (MSFT) | 2.8 | $12M | 163k | 74.49 | |
| McDonald's Corporation (MCD) | 2.8 | $12M | 77k | 156.68 | |
| Chevron Corporation (CVX) | 2.8 | $12M | 103k | 117.50 | |
| BlackRock (BLK) | 2.6 | $11M | 25k | 447.09 | |
| Deere & Company (DE) | 2.6 | $11M | 90k | 125.59 | |
| Becton, Dickinson and (BDX) | 2.5 | $11M | 54k | 195.94 | |
| Dowdupont | 2.4 | $10M | 150k | 69.23 | |
| Johnson & Johnson (JNJ) | 2.3 | $9.9M | 76k | 130.02 | |
| WisdomTree Intl. LargeCap Div (DOL) | 2.3 | $9.7M | 195k | 49.52 | |
| Walt Disney Company (DIS) | 2.2 | $9.5M | 97k | 98.57 | |
| Exxon Mobil Corporation (XOM) | 2.2 | $9.3M | 114k | 81.98 | |
| Bristol Myers Squibb (BMY) | 2.2 | $9.3M | 146k | 63.74 | |
| M&T Bank Corporation (MTB) | 2.1 | $8.9M | 55k | 161.04 | |
| At&t (T) | 2.1 | $8.9M | 228k | 39.17 | |
| United Parcel Service (UPS) | 2.1 | $8.9M | 74k | 120.09 | |
| Pepsi (PEP) | 2.0 | $8.6M | 77k | 111.43 | |
| Wal-Mart Stores (WMT) | 1.9 | $8.3M | 107k | 78.14 | |
| Dominion Resources (D) | 1.9 | $8.1M | 105k | 76.93 | |
| Intel Corporation (INTC) | 1.9 | $8.0M | 211k | 38.08 | |
| Vanguard Intl Equity Index F glb ex us etf (VNQI) | 1.9 | $7.9M | 134k | 59.41 | |
| Merck & Co (MRK) | 1.8 | $7.9M | 123k | 64.03 | |
| Procter & Gamble Company (PG) | 1.8 | $7.9M | 86k | 90.98 | |
| Verizon Communications (VZ) | 1.8 | $7.8M | 157k | 49.49 | |
| United Technologies Corporation | 1.8 | $7.6M | 66k | 116.09 | |
| Ishares Tr 0-5yr hi yl cp (SHYG) | 1.7 | $7.3M | 153k | 47.83 | |
| Ishares Core Msci Eafe Etf core msci eafe (IEFA) | 1.7 | $7.2M | 113k | 64.17 | |
| Marsh & McLennan Companies (MMC) | 1.7 | $7.1M | 85k | 83.81 | |
| Northern Trust Corporation (NTRS) | 1.6 | $7.0M | 77k | 91.93 | |
| General Mills (GIS) | 1.5 | $6.3M | 122k | 51.76 | |
| National Fuel Gas (NFG) | 1.4 | $5.8M | 103k | 56.61 | |
| Qualcomm (QCOM) | 1.3 | $5.6M | 108k | 51.84 | |
| WisdomTree SmallCap Earnings Fund (EES) | 1.1 | $4.9M | 141k | 34.97 | |
| Kroger (KR) | 1.1 | $4.8M | 240k | 20.06 | |
| Powershares Global Etf Trust ex us sml port | 1.1 | $4.7M | 144k | 32.82 | |
| Schlumberger (SLB) | 0.9 | $3.7M | 53k | 69.75 | |
| Vanguard Growth ETF (VUG) | 0.4 | $1.9M | 14k | 132.78 | |
| iShares Barclays 10-20 Yr Tresry Bd (TLH) | 0.4 | $1.9M | 14k | 136.47 | |
| Vanguard Small-Cap Value ETF (VBR) | 0.3 | $1.4M | 11k | 127.77 | |
| Vanguard Small-Cap Growth ETF (VBK) | 0.3 | $1.3M | 8.4k | 152.62 | |
| Nextera Energy (NEE) | 0.2 | $923k | 6.3k | 146.51 | |
| Ishares Inc msci india index (INDA) | 0.2 | $880k | 27k | 32.84 | |
| Emerson Electric (EMR) | 0.2 | $782k | 13k | 62.81 | |
| S&p Global (SPGI) | 0.2 | $712k | 4.6k | 156.28 | |
| Apple (AAPL) | 0.1 | $612k | 4.0k | 154.12 | |
| Colgate-Palmolive Company (CL) | 0.1 | $583k | 8.0k | 72.88 | |
| PNC Financial Services (PNC) | 0.1 | $512k | 3.8k | 134.74 | |
| Washington Federal (WAFD) | 0.1 | $533k | 16k | 33.67 | |
| Allstate Corporation (ALL) | 0.1 | $460k | 5.0k | 92.00 | |
| Columbia India Consumer Etf etp (INCO) | 0.1 | $468k | 11k | 42.55 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.1 | $435k | 9.7k | 44.79 | |
| iShares MSCI EAFE Growth Index (EFG) | 0.1 | $370k | 4.8k | 77.45 | |
| iShares FTSE/Xinhua China 25 Index (FXI) | 0.1 | $330k | 7.5k | 44.00 | |
| Discover Financial Services (DFS) | 0.1 | $334k | 5.2k | 64.48 | |
| Republic Services (RSG) | 0.1 | $310k | 4.7k | 66.03 | |
| 3M Company (MMM) | 0.1 | $315k | 1.5k | 210.00 | |
| International Business Machines (IBM) | 0.1 | $314k | 2.2k | 145.24 | |
| Bob Evans Farms | 0.1 | $318k | 4.1k | 77.56 | |
| Nuveen CA Dividend Advantage Muni. Fund (NAC) | 0.1 | $314k | 21k | 14.90 | |
| America Movil Sab De Cv spon adr l | 0.1 | $278k | 16k | 17.74 | |
| Pfizer (PFE) | 0.1 | $269k | 7.5k | 35.72 | |
| International Flavors & Fragrances (IFF) | 0.1 | $272k | 1.9k | 143.16 | |
| Lowe's Companies (LOW) | 0.1 | $240k | 3.0k | 80.00 | |
| Zimmer Holdings (ZBH) | 0.1 | $277k | 2.4k | 117.17 | |
| SPDR Gold Trust (GLD) | 0.1 | $266k | 2.2k | 121.74 | |
| Banco Itau Holding Financeira (ITUB) | 0.1 | $264k | 19k | 13.70 | |
| iShares Gold Trust | 0.1 | $266k | 22k | 12.32 | |
| Naspers Ltd - N (NPSNY) | 0.1 | $276k | 6.3k | 43.91 | |
| Cisco Systems (CSCO) | 0.1 | $202k | 6.0k | 33.67 | |
| AmerisourceBergen (COR) | 0.1 | $203k | 2.5k | 82.86 | |
| PT Telekomunikasi Indonesia (TLK) | 0.1 | $223k | 6.5k | 34.23 | |
| Starbucks Corporation (SBUX) | 0.1 | $204k | 3.8k | 53.83 | |
| Sinopec Shanghai Petrochemical | 0.1 | $222k | 3.7k | 59.94 | |
| Vanguard Value ETF (VTV) | 0.1 | $218k | 2.2k | 100.05 | |
| Surgutneftegas OAO | 0.1 | $207k | 40k | 5.18 | |
| Ambev Sa- (ABEV) | 0.1 | $194k | 30k | 6.57 | |
| Alphabet Inc Class A cs (GOOGL) | 0.1 | $223k | 229.00 | 973.80 | |
| KT Corporation (KT) | 0.0 | $166k | 12k | 13.88 | |
| Vaneck Vectors Etf Tr vietnam etf (VNM) | 0.0 | $185k | 12k | 14.92 | |
| Companhia Paranaense de Energia | 0.0 | $111k | 13k | 8.88 | |
| Banco Bradesco SA (BBD) | 0.0 | $131k | 12k | 11.11 | |
| Grana Y Montero S A A | 0.0 | $55k | 12k | 4.78 |
