VALE S A

Ticker: VALE CUSIP: 91912E105 Class: SPONSORED ADS

CUTLER INVESTMENT COUNSEL LLC's Holding History (CIK: 0001285973)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015
Shares 11,707 Value ($000) $39 Avg Close — Range —
Q3 2015
Shares 11,707 Value ($000) $49 Avg Close — Range —