Cutler Investment Counsel as of Sept. 30, 2019
Portfolio Holdings for Cutler Investment Counsel
Cutler Investment Counsel holds 91 positions in its portfolio as reported in the September 2019 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Invesco Exchange Traded Fd T s&p500 pur gwt (RPG) | 6.2 | $32M | 271k | 118.43 | |
| Vanguard Short-Term Bond ETF (BSV) | 5.0 | $26M | 324k | 80.79 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 4.3 | $23M | 419k | 53.67 | |
| Vanguard Mid-Cap ETF (VO) | 3.9 | $20M | 122k | 167.60 | |
| Microsoft Corporation (MSFT) | 3.3 | $17M | 123k | 139.03 | |
| McDonald's Corporation (MCD) | 3.0 | $15M | 72k | 214.72 | |
| Home Depot (HD) | 2.9 | $15M | 66k | 232.02 | |
| Deere & Company (DE) | 2.7 | $14M | 82k | 168.68 | |
| Texas Instruments Incorporated (TXN) | 2.5 | $13M | 102k | 129.24 | |
| Becton, Dickinson and (BDX) | 2.5 | $13M | 52k | 252.96 | |
| Ishares Tr eafe min volat (EFAV) | 2.5 | $13M | 179k | 73.28 | |
| Ishares Core Msci Eafe Etf core msci eafe (IEFA) | 2.4 | $13M | 205k | 61.07 | |
| Walt Disney Company (DIS) | 2.4 | $12M | 95k | 130.32 | |
| Wal-Mart Stores (WMT) | 2.4 | $12M | 103k | 118.68 | |
| Caterpillar (CAT) | 2.3 | $12M | 95k | 126.31 | |
| iShares Lehman MBS Bond Fund (MBB) | 2.2 | $11M | 105k | 108.30 | |
| BlackRock (BLK) | 2.1 | $11M | 25k | 445.64 | |
| Intel Corporation (INTC) | 2.0 | $11M | 205k | 51.53 | |
| Chevron Corporation (CVX) | 2.0 | $11M | 89k | 118.60 | |
| Medtronic (MDT) | 2.0 | $10M | 94k | 108.61 | |
| Merck & Co (MRK) | 2.0 | $10M | 121k | 84.18 | |
| Procter & Gamble Company (PG) | 1.9 | $10M | 82k | 124.38 | |
| Pepsi (PEP) | 1.9 | $10M | 73k | 137.10 | |
| Johnson & Johnson (JNJ) | 1.8 | $9.5M | 73k | 129.38 | |
| Bristol Myers Squibb (BMY) | 1.8 | $9.3M | 183k | 50.71 | |
| Republic Services (RSG) | 1.7 | $9.0M | 104k | 86.55 | |
| Spdr Ser Tr cmn (FLRN) | 1.7 | $8.9M | 288k | 30.76 | |
| Verizon Communications (VZ) | 1.7 | $8.8M | 146k | 60.36 | |
| PNC Financial Services (PNC) | 1.6 | $8.5M | 61k | 140.16 | |
| United Technologies Corporation | 1.6 | $8.4M | 62k | 136.53 | |
| M&T Bank Corporation (MTB) | 1.6 | $8.4M | 53k | 157.96 | |
| At&t (T) | 1.6 | $8.3M | 218k | 37.84 | |
| Dominion Resources (D) | 1.6 | $8.2M | 102k | 81.04 | |
| Marsh & McLennan Companies (MMC) | 1.5 | $7.9M | 79k | 100.05 | |
| Exxon Mobil Corporation (XOM) | 1.5 | $7.9M | 112k | 70.61 | |
| Northern Trust Corporation (NTRS) | 1.3 | $6.8M | 73k | 93.31 | |
| Union Pacific Corporation (UNP) | 1.3 | $6.6M | 41k | 161.98 | |
| Prudential Financial (PRU) | 1.2 | $6.3M | 70k | 89.96 | |
| Invesco Exchng Traded Fd Tr ftse rafi sml (PDN) | 1.2 | $6.1M | 208k | 29.47 | |
| Kroger (KR) | 1.1 | $6.0M | 233k | 25.78 | |
| Vaneck Vectors J.p. Morgan Em Local Currency Bond Etf etf (EMLC) | 1.1 | $5.7M | 174k | 33.00 | |
| WisdomTree SmallCap Earnings Fund (EES) | 0.8 | $4.4M | 124k | 35.60 | |
| SPDR S&P Emerging Markets (SPEM) | 0.8 | $4.3M | 124k | 34.28 | |
| Dupont De Nemours (DD) | 0.7 | $3.4M | 47k | 71.30 | |
| Vanguard Intl Equity Index F glb ex us etf (VNQI) | 0.6 | $3.0M | 51k | 58.59 | |
| Vanguard Value ETF (VTV) | 0.5 | $2.6M | 24k | 111.62 | |
| Dow (DOW) | 0.4 | $2.2M | 47k | 47.66 | |
| Schlumberger (SLB) | 0.3 | $1.7M | 50k | 34.17 | |
| Vanguard Dividend Appreciation ETF (VIG) | 0.3 | $1.7M | 14k | 119.57 | |
| Nextera Energy (NEE) | 0.3 | $1.5M | 6.3k | 233.02 | |
| WisdomTree Total Dividend Fund (DTD) | 0.3 | $1.5M | 15k | 99.13 | |
| Apple (AAPL) | 0.2 | $1.2M | 5.2k | 223.92 | |
| Vanguard Growth ETF (VUG) | 0.2 | $1.1M | 6.6k | 166.34 | |
| S&p Global (SPGI) | 0.2 | $1.0M | 4.2k | 245.05 | |
| Nike (NKE) | 0.2 | $974k | 10k | 93.90 | |
| iShares S&P 500 Index (IVV) | 0.2 | $980k | 3.3k | 298.42 | |
| Ishares Inc msci india index (INDA) | 0.2 | $900k | 27k | 33.58 | |
| Emerson Electric (EMR) | 0.2 | $839k | 13k | 66.85 | |
| SPDR Gold Trust (GLD) | 0.1 | $608k | 4.4k | 138.78 | |
| Colgate-Palmolive Company (CL) | 0.1 | $588k | 8.0k | 73.50 | |
| Washington Federal (WAFD) | 0.1 | $586k | 16k | 37.01 | |
| Allstate Corporation (ALL) | 0.1 | $543k | 5.0k | 108.60 | |
| Vanguard Small-Cap Value ETF (VBR) | 0.1 | $526k | 4.1k | 128.89 | |
| Vanguard Total World Stock Idx (VT) | 0.1 | $530k | 7.1k | 74.83 | |
| Schwab Strategic Tr us aggregate b (SCHZ) | 0.1 | $475k | 8.8k | 53.84 | |
| Columbia India Consumer Etf etp (INCO) | 0.1 | $455k | 11k | 41.36 | |
| Discover Financial Services (DFS) | 0.1 | $420k | 5.2k | 81.08 | |
| iShares Gold Trust | 0.1 | $386k | 27k | 14.11 | |
| Vaneck Vectors Etf Tr vietnam etf (VNM) | 0.1 | $341k | 21k | 16.32 | |
| iShares FTSE/Xinhua China 25 Index (FXI) | 0.1 | $299k | 7.5k | 39.87 | |
| Cisco Systems (CSCO) | 0.1 | $303k | 6.1k | 49.37 | |
| Lowe's Companies (LOW) | 0.1 | $330k | 3.0k | 110.00 | |
| Vanguard Small-Cap Growth ETF (VBK) | 0.1 | $329k | 1.8k | 182.17 | |
| America Movil Sab De Cv spon adr l | 0.1 | $235k | 16k | 14.86 | |
| Taiwan Semiconductor Mfg (TSM) | 0.1 | $259k | 5.6k | 46.46 | |
| JPMorgan Chase & Co. (JPM) | 0.1 | $269k | 2.3k | 117.78 | |
| 3M Company (MMM) | 0.1 | $247k | 1.5k | 164.67 | |
| Zimmer Holdings (ZBH) | 0.1 | $255k | 1.9k | 137.39 | |
| Banco Itau Holding Financeira (ITUB) | 0.1 | $243k | 29k | 8.41 | |
| Alphabet Inc Class A cs (GOOGL) | 0.1 | $281k | 230.00 | 1221.74 | |
| Alphabet Inc Class C cs (GOOG) | 0.1 | $274k | 225.00 | 1217.78 | |
| International Flavors & Fragrances (IFF) | 0.0 | $233k | 1.9k | 122.63 | |
| AmerisourceBergen (COR) | 0.0 | $202k | 2.5k | 82.45 | |
| PetroChina Company | 0.0 | $212k | 4.2k | 50.77 | |
| HDFC Bank (HDB) | 0.0 | $215k | 3.8k | 56.97 | |
| Vanguard REIT ETF (VNQ) | 0.0 | $207k | 2.2k | 93.16 | |
| Blackstone Group Inc Com Cl A (BX) | 0.0 | $220k | 4.5k | 48.89 | |
| KT Corporation (KT) | 0.0 | $135k | 12k | 11.29 | |
| Companhia Paranaense de Energia | 0.0 | $180k | 15k | 12.00 | |
| Banco Bradesco SA (BBD) | 0.0 | $169k | 21k | 8.13 | |
| Ambev Sa- (ABEV) | 0.0 | $148k | 32k | 4.62 |
