Salem Investment Counselors’s iShares MSCI USA Value Factor ETF VLUE Stock Holding History

Salem Investment Counselors’s Portfolio VLUE Stock Details VLUE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-293	Closed	-$36.6K	–	1119
2025 Q3	$36.6K	Buy	293 +221	+307%	+$26K	﹤0.01%	656
2025 Q2	$8.15K	Buy	+72	New	+$7.6K	﹤0.01%	882
2023 Q4	–	Sell	-795	Closed	-$72.7K	–	1159
2023 Q3	$72.7K	Hold	795	–	–	﹤0.01%	466
2023 Q2	$74.6K	Buy	+795	New	+$72.4K	﹤0.01%	468
2023 Q1	–	Sell	-1	Closed	-$53	–	1161
2022 Q4	$53	Sell	1 -24	-96%	-$2.2K	﹤0.01%	1079
2022 Q3	$2K	Hold	25	–	–	﹤0.01%	966
2022 Q2	$2K	Sell	25 -58	-70%	-$5.74K	﹤0.01%	997
2022 Q1	$9K	Buy	83 +1	+1%	+$107	﹤0.01%	776
2021 Q4	$9K	Buy	+82	New	+$8.63K	﹤0.01%	849
2021 Q1	–	Sell	-500	Closed	-$43K	–	924
2020 Q4	$43K	Buy	+500	New	+$40.7K	﹤0.01%	468

Other funds holding VLUE

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $187B AUM 21.7% 1-Year Est. Return

MIAS

Mason Investment Advisory Services Reston, Virginia $2.63B AUM 41.49% 1-Year Est. Return

MMI

Matson Money Inc Mason, Ohio $3.59B AUM 16.37% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Mercer Global Advisors Denver, Colorado $80.9B AUM 26.08% 1-Year Est. Return

WBG

Wharton Business Group Malvern, Pennsylvania $2.99B AUM 30.41% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $202B AUM 37.79% 1-Year Est. Return

Salem Investment Counselors's VLUE Position: Q4 2025 in Review

Salem Investment Counselors sold out of iShares MSCI USA Value Factor ETF (VLUE) in Q4 2025, closing a stake of 293 shares — an estimated $36.6K sold.

Salem Investment Counselors first reported a position in VLUE in Q4 2020 and held it in 10 quarters. The position peaked at $74.6K in Q2 2023. 474 funds tracked by Wall St. Rank hold VLUE as of Q4 2025.

Salem Investment Counselors reported no remaining iShares MSCI USA Value Factor ETF position as of Q4 2025 after selling out during the quarter.
Salem Investment Counselors sold 293 iShares MSCI USA Value Factor ETF shares in Q4 2025, an estimated $36.6K.
Salem Investment Counselors first reported a position in iShares MSCI USA Value Factor ETF in Q4 2020 and held it in 10 quarters.
Salem Investment Counselors's iShares MSCI USA Value Factor ETF position peaked at $74.6K in Q2 2023.
474 funds tracked by Wall St. Rank held iShares MSCI USA Value Factor ETF as of Q4 2025.

Based on Salem Investment Counselors's 13F filing for Q4 2025, filed 12 Jan 2026.