Cutler Investment Counsel’s iShares 20+ Year Treasury Bond ETF TLT Stock Holding History

Cutler Investment Counsel’s Portfolio TLT Stock Details TLT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-70,397	Closed	-$8.39M	–	87
2016 Q4	$8.39M	Buy	70,397 +1,083	+2%	+$136K	2.16%	13
2016 Q3	$9.53M	Buy	69,314 +1,662	+2%	+$231K	2.57%	6
2016 Q2	$9.4M	Buy	67,652 +15,301	+29%	+$2.02M	2.62%	6
2016 Q1	$6.84M	Buy	52,351 +4,918	+10%	+$630K	2.09%	16
2015 Q4	$5.72M	Buy	47,433 +3,312	+8%	+$404K	1.95%	24
2015 Q3	$5.45M	Sell	44,121 -1,074	-2%	-$130K	1.95%	25
2015 Q2	$5.31M	Buy	45,195 +719	+2%	+$88.2K	1.73%	31
2015 Q1	$5.81M	Buy	44,476 +20,022	+82%	+$2.61M	1.87%	25
2014 Q4	$3.08M	Buy	+24,454	New	+$2.96M	1.01%	42

Other funds holding TLT

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $206B AUM 31.61% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

QIM

Quantitative Investment Management Charlottesville, Virginia $963M AUM 12.95% 1-Year Est. Return

QS Investors New York $8.47B AUM 30.71% 1-Year Est. Return

WIM

Windhaven Investment Management Boston, Massachusetts $7.79B AUM 7.81% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

SCM

SCS Capital Management Boston, Massachusetts $9.44B AUM 18.1% 1-Year Est. Return

Cutler Investment Counsel's TLT Position: Q1 2017 in Review

Cutler Investment Counsel sold out of iShares 20+ Year Treasury Bond ETF (TLT) in Q1 2017, closing a stake of 70,397 shares — an estimated $8.39M sold.

Cutler Investment Counsel first reported a position in TLT in Q4 2014 and held it in 9 quarters. The position peaked at $9.53M in Q3 2016. 316 funds tracked by Wall St. Rank hold TLT as of Q1 2017.

Cutler Investment Counsel reported no remaining iShares 20+ Year Treasury Bond ETF position as of Q1 2017 after selling out during the quarter.
Cutler Investment Counsel sold 70,397 iShares 20+ Year Treasury Bond ETF shares in Q1 2017, an estimated $8.39M.
Cutler Investment Counsel first reported a position in iShares 20+ Year Treasury Bond ETF in Q4 2014 and held it in 9 quarters.
Cutler Investment Counsel's iShares 20+ Year Treasury Bond ETF position peaked at $9.53M in Q3 2016.
316 funds tracked by Wall St. Rank held iShares 20+ Year Treasury Bond ETF as of Q1 2017.

Based on Cutler Investment Counsel's 13F filing for Q1 2017, filed 12 May 2017.