Cutler Investment Counsel as of Dec. 31, 2017
Portfolio Holdings for Cutler Investment Counsel
Cutler Investment Counsel holds 100 positions in its portfolio as reported in the December 2017 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Rydex S&P 500 Pure Growth ETF | 6.8 | $35M | 336k | 104.83 | |
| Vanguard Short-Term Bond ETF (BSV) | 5.8 | $30M | 382k | 79.10 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 4.6 | $24M | 225k | 104.54 | |
| Vanguard Mid-Cap ETF (VO) | 3.7 | $19M | 123k | 154.78 | |
| Caterpillar (CAT) | 3.0 | $16M | 100k | 157.58 | |
| Home Depot (HD) | 3.0 | $15M | 81k | 189.53 | |
| Texas Instruments Incorporated (TXN) | 2.8 | $15M | 141k | 104.44 | |
| Deere & Company (DE) | 2.7 | $14M | 90k | 156.51 | |
| Microsoft Corporation (MSFT) | 2.7 | $14M | 164k | 85.54 | |
| WisdomTree Intl. LargeCap Div (DOL) | 2.6 | $13M | 265k | 50.63 | |
| McDonald's Corporation (MCD) | 2.6 | $13M | 77k | 172.12 | |
| BlackRock (BLK) | 2.5 | $13M | 26k | 513.70 | |
| Chevron Corporation (CVX) | 2.3 | $12M | 93k | 125.19 | |
| Vanguard Intl Equity Index F glb ex us etf (VNQI) | 2.3 | $12M | 193k | 60.50 | |
| Becton, Dickinson and (BDX) | 2.2 | $12M | 54k | 214.06 | |
| Ishares Core Msci Eafe Etf core msci eafe (IEFA) | 2.1 | $11M | 167k | 66.09 | |
| Dowdupont | 2.1 | $11M | 150k | 71.22 | |
| Wal-Mart Stores (WMT) | 2.1 | $11M | 108k | 98.75 | |
| Johnson & Johnson (JNJ) | 2.1 | $11M | 76k | 139.73 | |
| Walt Disney Company (DIS) | 2.0 | $11M | 98k | 107.51 | |
| Intel Corporation (INTC) | 1.9 | $9.8M | 213k | 46.16 | |
| Exxon Mobil Corporation (XOM) | 1.9 | $9.6M | 115k | 83.64 | |
| M&T Bank Corporation (MTB) | 1.9 | $9.5M | 56k | 171.00 | |
| Ishares Tr 0-5yr hi yl cp (SHYG) | 1.8 | $9.3M | 198k | 47.13 | |
| Pepsi (PEP) | 1.8 | $9.3M | 77k | 119.92 | |
| Bristol Myers Squibb (BMY) | 1.8 | $9.1M | 148k | 61.28 | |
| At&t (T) | 1.7 | $8.9M | 230k | 38.88 | |
| Dominion Resources (D) | 1.6 | $8.5M | 105k | 81.06 | |
| United Technologies Corporation | 1.6 | $8.5M | 67k | 127.57 | |
| Verizon Communications (VZ) | 1.6 | $8.4M | 158k | 52.93 | |
| Prudential Financial (PRU) | 1.6 | $8.1M | 71k | 114.98 | |
| Procter & Gamble Company (PG) | 1.6 | $8.0M | 87k | 91.88 | |
| Northern Trust Corporation (NTRS) | 1.5 | $7.7M | 77k | 99.90 | |
| WisdomTree SmallCap Earnings Fund (EES) | 1.5 | $7.7M | 213k | 36.22 | |
| General Mills (GIS) | 1.4 | $7.3M | 123k | 59.29 | |
| Powershares Global Etf Trust ex us sml port | 1.4 | $7.0M | 204k | 34.41 | |
| Marsh & McLennan Companies (MMC) | 1.4 | $7.0M | 86k | 81.38 | |
| Merck & Co (MRK) | 1.4 | $7.0M | 124k | 56.27 | |
| Qualcomm (QCOM) | 1.4 | $7.0M | 109k | 64.02 | |
| Kroger (KR) | 1.3 | $6.6M | 241k | 27.45 | |
| National Fuel Gas (NFG) | 1.1 | $5.7M | 104k | 54.91 | |
| Schlumberger (SLB) | 0.7 | $3.6M | 53k | 67.39 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.6 | $3.2M | 67k | 47.12 | |
| iShares Barclays 10-20 Yr Tresry Bd (TLH) | 0.5 | $2.6M | 19k | 136.02 | |
| WisdomTree Total Dividend Fund (DTD) | 0.4 | $2.0M | 22k | 92.98 | |
| PowerShares FTSE RAFI US 1000 | 0.4 | $1.9M | 17k | 113.56 | |
| Vanguard Growth ETF (VUG) | 0.4 | $2.0M | 14k | 140.62 | |
| Vanguard Small-Cap Value ETF (VBR) | 0.2 | $1.3M | 9.7k | 132.74 | |
| Vanguard Small-Cap Growth ETF (VBK) | 0.2 | $1.2M | 7.4k | 160.84 | |
| Nextera Energy (NEE) | 0.2 | $984k | 6.3k | 156.19 | |
| Ishares Inc msci india index (INDA) | 0.2 | $967k | 27k | 36.08 | |
| Emerson Electric (EMR) | 0.2 | $868k | 13k | 69.72 | |
| WisdomTree Earnings 500 Fund (EPS) | 0.1 | $778k | 25k | 31.07 | |
| S&p Global (SPGI) | 0.1 | $738k | 4.4k | 169.42 | |
| Apple (AAPL) | 0.1 | $674k | 4.0k | 169.13 | |
| Colgate-Palmolive Company (CL) | 0.1 | $604k | 8.0k | 75.50 | |
| PNC Financial Services (PNC) | 0.1 | $548k | 3.8k | 144.21 | |
| Ipath Dow Jones-aig Commodity (DJP) | 0.1 | $563k | 23k | 24.40 | |
| Schwab Strategic Tr 0 (SCHP) | 0.1 | $574k | 10k | 55.46 | |
| Columbia India Consumer Etf etp (INCO) | 0.1 | $546k | 11k | 49.64 | |
| Allstate Corporation (ALL) | 0.1 | $524k | 5.0k | 104.80 | |
| Washington Federal (WAFD) | 0.1 | $542k | 16k | 34.23 | |
| SPDR Gold Trust (GLD) | 0.1 | $461k | 3.7k | 123.56 | |
| Discover Financial Services (DFS) | 0.1 | $398k | 5.2k | 76.83 | |
| iShares FTSE/Xinhua China 25 Index (FXI) | 0.1 | $346k | 7.5k | 46.13 | |
| 3M Company (MMM) | 0.1 | $353k | 1.5k | 235.33 | |
| Spdr Ser Tr cmn (FLRN) | 0.1 | $339k | 11k | 30.63 | |
| Naspers Ltd - N (NPSNY) | 0.1 | $356k | 6.3k | 56.64 | |
| Republic Services (RSG) | 0.1 | $317k | 4.7k | 67.52 | |
| International Flavors & Fragrances (IFF) | 0.1 | $290k | 1.9k | 152.63 | |
| iShares Russell 1000 Value Index (IWD) | 0.1 | $304k | 2.4k | 124.49 | |
| Zimmer Holdings (ZBH) | 0.1 | $285k | 2.4k | 120.56 | |
| Bob Evans Farms | 0.1 | $323k | 4.1k | 78.78 | |
| Vanguard Value ETF (VTV) | 0.1 | $297k | 2.8k | 106.30 | |
| iShares MSCI EAFE Growth Index (EFG) | 0.1 | $325k | 4.0k | 80.71 | |
| Vanguard Energy ETF (VDE) | 0.1 | $309k | 3.1k | 98.88 | |
| Jpm Em Local Currency Bond Etf | 0.1 | $315k | 17k | 18.98 | |
| Bond Inds Inc Com etf | 0.1 | $297k | 3.6k | 81.50 | |
| America Movil Sab De Cv spon adr l | 0.1 | $271k | 16k | 17.13 | |
| Pfizer (PFE) | 0.1 | $273k | 7.5k | 36.25 | |
| Starbucks Corporation (SBUX) | 0.1 | $239k | 4.2k | 57.34 | |
| Lowe's Companies (LOW) | 0.1 | $279k | 3.0k | 93.00 | |
| Banco Itau Holding Financeira (ITUB) | 0.1 | $251k | 19k | 13.03 | |
| iShares Gold Trust | 0.1 | $270k | 22k | 12.51 | |
| Alphabet Inc Class A cs (GOOGL) | 0.1 | $241k | 229.00 | 1052.40 | |
| Cisco Systems (CSCO) | 0.0 | $230k | 6.0k | 38.33 | |
| AmerisourceBergen (COR) | 0.0 | $225k | 2.5k | 91.84 | |
| PT Telekomunikasi Indonesia (TLK) | 0.0 | $210k | 6.5k | 32.24 | |
| KT Corporation (KT) | 0.0 | $187k | 12k | 15.64 | |
| Pos (PKX) | 0.0 | $209k | 2.7k | 78.10 | |
| Sinopec Shanghai Petrochemical | 0.0 | $211k | 3.7k | 56.97 | |
| Southern Copper Corporation (SCCO) | 0.0 | $232k | 4.9k | 47.44 | |
| Surgutneftegas OAO | 0.0 | $196k | 40k | 4.90 | |
| Vanguard Total World Stock Idx (VT) | 0.0 | $210k | 2.8k | 74.13 | |
| Ambev Sa- (ABEV) | 0.0 | $191k | 30k | 6.47 | |
| Alphabet Inc Class C cs (GOOG) | 0.0 | $213k | 204.00 | 1044.12 | |
| Vaneck Vectors Etf Tr vietnam etf (VNM) | 0.0 | $222k | 12k | 17.90 | |
| Companhia Paranaense de Energia | 0.0 | $95k | 13k | 7.60 | |
| Banco Bradesco SA (BBD) | 0.0 | $121k | 12k | 10.26 | |
| Grana Y Montero S A A | 0.0 | $33k | 12k | 2.87 |
