13F File No.: Name: <13F File No.: 1. 6. 2. 7. 3. 8. 4. 9. 5. 10.2

Latest statistics and disclosures from SALEM INVESTMENT COUNSELORS's latest quarterly 13F-HR filing:

SALEM INVESTMENT COUNSELORS portfolio companies for March 2014 quarter

Ticker Name Portfolio Weight Change Share Count Price Last Trade
AAPL Apple 3.48 52437 536.74 95.50
PEP Pepsi 3.28 317340 83.50 91.57
BRK.B Berkshire Hathaway 2.82 +6.00% 182720 124.97 0.00
MSFT Microsoft Corporation 2.51 494381 40.99 45.27
JNJ Johnson & Johnson 2.22 -2.00% 182348 98.23 102.16
GOOG Google 2.20 -12.00% 15940 1114.49 595.52
MMM 3M Company 2.04 -2.00% 121497 135.66 145.18
BBT BB&T; Corporation 1.95 NEW 392235 40.17 37.31
LOW Lowe's Companies 1.89 313152 48.90 47.84
QCOM QUALCOMM 1.85 +8.00% 189776 78.86 81.93
WMT Wal-Mart Stores 1.80 190733 76.43 76.69
GE General Electric Company 1.76 +4.00% 548393 25.89 26.03
UTX United Technologies Corporation 1.61 +8.00% 111587 116.84 110.09
WAG Walgreen Company 1.50 184046 66.03 72.70
Keurig Green Mtn 1.48 NEW 113040 105.59 0.00
XOM Exxon Mobil Corporation 1.46 +2.00% 120921 97.68 104.30
MRK Merck & Co 1.45 206221 56.77 58.18
PG Procter & Gamble Company 1.44 -5.00% 144161 80.60 79.84
PFE Pfizer 1.40 -4.00% 352706 32.12 30.37
PM Philip Morris International 1.10 +4.00% 109065 81.87 85.31
NOV National-Oilwell Var 1.09 NEW 112644 77.87 85.80
INTC Intel Corporation 1.07 335226 25.82 34.45
EMC EMC Corporation 1.06 +17.00% 312196 27.41 28.82
Vanguard S&p 500 Etf idx fd 1.03 NEW 48470 171.34 0.00
BCPC Balchem Corporation 1.02 -3.00% 157769 52.12 50.70
Sch Us Mid-cap Etf etf 1.01 +23.00% 211976 38.61 0.00
SNV Synovus Financial 1.00 NEW 2382728 3.39 23.89
WNC Wabash National Corporation 0.99 NEW 579880 13.76 13.86
IWR iShares Russell Midcap Index Fund 0.99 +15.00% 51938 154.76 161.03
CSCO Cisco Systems 0.98 352520 22.42 25.58
Accenture 0.95 +20.00% 96567 79.72 0.00
IVV iShares S&P; 500 Index 0.93 +7.00% 39792 188.13 200.03
WFC Wells Fargo & Company 0.90 +10.00% 145674 49.74 51.53
MCD McDonald's Corporation 0.89 -32.00% 73708 98.04 95.11
K Kellogg Company 0.89 +3.00% 114833 62.71 65.68
EEM iShares MSCI Emerging Markets Indx 0.86 -9.00% 169116 41.01 44.74
BAC Bank of America Corporation 0.85 NEW 401189 17.20 15.56
Enterprise Products Partners 0.85 98864 69.36 0.00
JPM JPMorgan Chase & Co. 0.84 -31.00% 111662 60.71 59.09
IBM International Business Machines 0.83 -15.00% 34831 192.50 194.62
CL Colgate-Palmolive Company 0.81 +2.00% 100971 64.87 68.45
HTS Hatteras Financial 0.81 -7.00% 345475 18.85 19.52
Abbvie 0.80 +8.00% 126348 51.40 0.00
KO Coca-Cola Company 0.77 -5.00% 160585 38.66 40.78
SPY SPDR S&P; 500 ETF 0.75 +6.00% 32560 187.01 198.76
Powershares Etf Tr Ii s^p smcp ind p 0.74 +40.00% 130720 45.91 0.00
DVN Devon Energy Corporation 0.69 -21.00% 83322 66.93 77.78
SON Sonoco Products Company 0.68 +7.00% 133478 41.02 41.02
Agilent Technologies Inc C ommon 0.66 NEW 95909 55.92 0.00
APA Apache Corporation 0.65 +7.00% 63133 82.95 102.04
BMY Bristol Myers Squibb 0.62 -6.00% 96473 51.95 49.35
TM Toyota Motor Corporation 0.61 +4.00% 43904 112.91 119.54
TFM Fresh Market 0.55 NEW 132945 33.60 29.66
CVX Chevron Corporation 0.53 +9.00% 36162 118.91 132.54
IWM iShares Russell 2000 Index 0.53 +19.00% 36885 116.33 115.31
HUN Huntsman Corporation 0.51 -10.00% 169130 24.42 27.41
COP ConocoPhillips 0.50 +18.00% 57570 70.35 85.86
KBH KB Home 0.47 -7.00% 221835 16.99 18.40
DFS Discover Financial Services 0.46 NEW 63918 58.18 63.18
DIS Walt Disney Company 0.46 +2.00% 46682 80.07 86.01
BHP BHP Billiton 0.46 NEW 55389 67.78 73.44
SYY SYSCO Corporation 0.45 -48.00% 101337 36.13 36.92
Mondelez Int 0.45 +23.00% 104161 34.55 0.00
CAT Caterpillar 0.43 -66.00% 35374 99.37 109.08
NGLS Targa Resources Partners 0.43 -5.00% 61985 56.26 70.26
BRK.A Berkshire Hathaway 0.42 18 187333.33 0.00
KMP Kinder Morgan Energy Partners 0.42 45615 73.94 84.79
SBUX Starbucks Corporation 0.41 NEW 45000 73.38 78.83
DOV Dover Corporation 0.41 -24.00% 40220 81.75 89.90
KRE SPDR KBW Regional Banking 0.40 NEW 78925 41.38 38.68
SCHE Schwab Emerging Markets Equity ETF 0.39 -10.00% 128627 24.33 27.16
CVS CVS Caremark Corporation 0.38 +26.00% 41561 74.85 77.82
ORCL Oracle Corporation 0.37 -12.00% 72686 40.92 40.35
VNR Vanguard Natural Resources 0.37 100875 29.77 32.83
TEVA Teva Pharmaceutical Industries 0.36 -43.00% 54907 52.83 55.06
DD E.I. du Pont de Nemours & Company 0.35 +376.00% 42183 67.09 65.06
SCHF Schwab International Equity ETF 0.34 +123.00% 86700 31.50 32.95
ABT Abbott Laboratories 0.33 -33.00% 69838 38.50 42.98
EFA iShares MSCI EAFE Index Fund 0.33 +27.00% 39406 67.20 68.10
PAA Plains All American Pipeline 0.33 47988 55.12 60.48
T AT&T; 0.32 -48.00% 74646 35.07 35.93
SXL Sunoco Logistics Partners 0.32 -40.00% 28310 90.89 45.97
STJ St. Jude Medical 0.32 39585 65.38 67.05
RGNC Regency Energy Partners 0.30 NEW 89062 27.22 0.00
UL Unilever 0.30 -22.00% 56039 42.77 45.67
GXC SPDR S&P; China 0.30 -16.00% 33500 72.72 79.33
VFC V.F. Corporation 0.29 +282.00% 38136 61.88 61.14
MDT Medtronic 0.29 37841 61.55 63.04
MGK Vanguard Mega Cap 300 Growth Index ETF 0.29 +83.00% 32375 72.40 77.76
VB Vanguard Small-Cap ETF 0.28 +16.00% 19860 112.94 115.14
SE Spectra Energy 0.27 -9.00% 59340 36.94 42.84
BPL Buckeye Partners 0.27 +63.00% 29610 75.04 82.33
GS Goldman Sachs 0.26 -4.00% 12693 163.87 176.58
CHK Chesapeake Energy Corporation 0.26 82977 25.62 26.70
HIW Highwoods Properties 0.26 54186 38.40 42.43
VO Vanguard Mid-Cap ETF 0.26 +16.00% 18813 113.59 118.65
Schwab Strategic Tr us lrg cap etf 0.26 +37.00% 47831 44.72 0.00
Duke Energy 0.26 +3.00% 29282 71.20 0.00
FL Foot Locker 0.25 NEW 42225 46.99 48.28
EPB El Paso Pipeline Partners 0.25 66900 30.39 36.34
VWO Vanguard Emerging Markets ETF 0.25 -58.00% 50396 40.58 44.89
Mosaic 0.24 -19.00% 39560 50.00 0.00
Bellatrix Exploration 0.23 NEW 220000 8.43 0.00
MTD Mettler-Toledo International 0.22 7400 235.68 258.85
TUP Tupperware Brands Corporation 0.22 NEW 21100 83.74 76.30
RKT Rock-Tenn Company 0.22 -4.00% 16670 105.58 95.75
Weatherford International Lt reg 0.22 NEW 102400 17.36 0.00
SCHA Schwab U S Small Cap ETF 0.22 +40.00% 33053 53.61 53.73
DHI D.R. Horton 0.21 +27.00% 79490 21.65 24.38
Qr Energy 0.21 -24.00% 94850 17.88 0.00
TICC TICC Capital 0.20 +104.00% 163220 9.78 9.65
Transcanada 0.20 NEW 35175 45.52 0.00
UNF UniFirst Corporation 0.20 14370 109.95 101.13
Facebook Inc cl a 0.20 -3.00% 27300 60.26 0.00
ETP Energy Transfer Partners 0.19 29175 53.78 58.27
Phillips 66 0.19 +22.00% 19602 77.08 0.00
YUM Yum! Brands 0.18 -4.00% 19050 75.38 75.21
GSK GlaxoSmithKline 0.18 -13.00% 27896 53.41 50.86
OXY Occidental Petroleum Corporation 0.18 +17.00% 15661 95.27 101.60
GOV Government Properties Income Trust 0.18 58700 25.20 24.49
Jp Morgan Alerian Mlp Index 0.18 31650 46.54 0.00
EMR Emerson Electric 0.17 +6.00% 19985 66.80 67.07
FXI iShares FTSE/Xinhua China 25 Index 0.16 -14.00% 37250 35.79 39.59
FIS Fidelity National Information Services 0.16 23600 53.43 56.71
COF Capital One Financial 0.16 +8.00% 16287 77.18 82.09
Carlyle Group L P 0.16 +42.00% 36350 35.13 0.00
HUB.B Hubbell Incorporated 0.15 10438 119.85 0.00
ABC AmerisourceBergen 0.15 NEW 18850 65.57 73.81
MO Altria 0.15 -8.00% 33219 37.42 41.88
NKE NIKE 0.15 NEW 16660 73.89 77.21
SLB Schlumberger 0.15 +6.00% 12204 97.51 113.08
Dcp Midstream Partners 0.15 -3.00% 24700 50.08 0.00
EEP Enbridge Energy Partners 0.15 44400 27.41 35.55
ETE Energy Transfer Equity 0.15 +88.00% 26000 46.77 58.75
Ingersoll-rand Co Ltd-cl A 0.15 21275 57.25 0.00
MKC McCormick & Company, Incorporated 0.15 NEW 16950 71.74 69.90
Nextera Energy 0.14 +6.00% 12094 95.58 0.00
MMP Magellan Midstream Partners 0.14 -8.00% 15792 69.72 86.03
HYG iShares iBoxx $ High Yid Corp Bond 0.14 -14.00% 11736 94.41 94.03
FCNCA First Citizens BancShares 0.13 4267 240.68 228.16
D Dominion Resources 0.13 +7.00% 14425 70.99 69.76
SRCL Stericycle 0.13 9000 113.67 118.39
ARCC Ares Capital Corporation 0.13 NEW 58750 17.62 17.07
EWJ iShares MSCI Japan Index 0.13 -7.00% 90000 11.33 12.12
DVY iShares Dow Jones Select Dividend 0.13 +32.00% 13937 73.33 75.71
HD Home Depot 0.12 +19.00% 12517 79.09 80.77
AMZN Amazon 0.12 -34.00% 2777 336.33 359.24
VIG Vanguard Dividend Appreciation ETF 0.12 12970 75.25 78.20
Gnc Holdings Inc Cl A 0.12 NEW 22300 44.04 0.00
First Financial 0.12 NEW 15120 62.63 0.00
IPATH MSCI India Index Etn 0.11 -15.00% 14850 60.61 0.00
KEQU Kewaunee Scientific Corporation 0.11 NEW 56519 16.30 17.81
Blue Capital Reinsurance Hol 0.11 NEW 50000 17.40 0.00
CMCSK Comcast Corporation 0.10 NEW 17047 48.75 54.25
LH Laboratory Corp. of America Holdings 0.10 NEW 7900 98.23 104.99
LII Lennox International 0.10 9105 90.94 91.38
Credit Suisse Nassau Brh Etn Lkd 30mlp etf 0.10 25960 31.93 0.00
Kraft Foods 0.10 -14.00% 14847 56.11 0.00
Third Point Reinsurance 0.10 NEW 50000 15.86 0.00
SYK Stryker Corporation 0.09 8600 81.51 81.96
Canadian Natural Resources 0.09 19000 38.37 0.00
GILD Gilead Sciences 0.09 9850 70.86 90.00
MKL Markel Corporation 0.09 NEW 1185 595.78 650.24
PXD Pioneer Natural Resources 0.09 -5.00% 3956 187.06 229.76
PSEC Prospect Capital Corporation 0.09 68370 10.79 10.90
CLNY Colony Financial 0.09 NEW 35000 21.94 22.96
CLDX Celldex Therapeutics 0.09 -5.00% 42140 17.68 13.43
SCHB Schwab U S Broad Market ETF 0.09 +6.00% 16522 45.70 48.21
Citi 0.09 -2.00% 14744 47.61 0.00
BP BP 0.08 NEW 12958 48.08 51.10
AAP Advance Auto Parts 0.08 NEW 4800 126.46 124.40
ORI Old Republic International Corporation 0.08 -3.00% 39628 16.40 16.89
BIV Vanguard Intermediate-Term Bond ETF 0.08 +32.00% 7604 83.38 84.88
CELG Celgene Corporation 0.08 4581 139.71 88.43
Medley Capital Corporation 0.08 +8.00% 49500 13.62 0.00
Knowles 0.08 NEW 19954 31.57 0.00
LEN Lennar Corporation 0.07 -44.00% 14300 39.65 40.44
PHM Pulte 0.07 29850 19.20 19.87
XRAY DENTSPLY International 0.07 12000 46.00 46.83
NUAN Nuance Communications 0.07 NEW 31880 17.16 17.92
UNP Union Pacific Corporation 0.07 +14.00% 3097 187.60 102.44
VZ Verizon Communications 0.07 -43.00% 11989 47.54 51.05
NVS Novartis AG 0.07 7048 84.99 88.80
NCR NCR Corporation 0.07 NEW 15906 36.53 31.98
FLIR FLIR Systems 0.07 NEW 15850 36.03 33.97
AXL American Axle & Manufact. Holdings 0.07 30000 18.53 19.67
MEI Methode Electronics 0.07 18000 30.67 33.74
VUG Vanguard Growth ETF 0.07 +3.00% 5692 93.46 99.91
NTG Tortoise MLP Fund 0.07 -29.00% 21792 26.71 29.81
HCA HOLDINGS 0.07 NEW 10450 52.54 0.00
VALE Vale 0.06 -42.00% 33965 13.84 14.36
SCHW Charles Schwab Corporation 0.06 +47.00% 18307 27.31 27.56
KMB Kimberly-Clark Corporation 0.06 4620 110.17 109.65
BA Boeing Company 0.06 NEW 3862 125.58 126.70
SIVB SVB Financial 0.06 3995 128.66 111.23
RIO Rio Tinto 0.06 -5.00% 8050 55.78 57.99
GD General Dynamics Corporation 0.06 -10.00% 4283 109.04 119.62
NVO Novo Nordisk A/S 0.06 NEW 10250 45.66 46.15
CLF Cliffs Natural Resources 0.06 21730 20.48 15.15
AYI Acuity Brands 0.06 3625 132.69 114.05
CBI Chicago Bridge & Iron Company N.V. 0.06 +2.00% 5990 87.15 68.60
EWH iShares MSCI Hong Kong Index Fund 0.06 -2.00% 25350 19.76 21.56
IXC iShares S&P; Global Energy Sector 0.06 +14.00% 11600 43.79 48.40
Pizza Inn Holdings 0.06 NEW 77150 6.04 0.00
Eaton 0.06 6000 75.17 0.00
XLV Health Care SPDR 0.05 6644 58.55 62.07
BDX Becton, Dickinson and 0.05 3204 117.04 118.32
AGN Allergan 0.05 NEW 3500 124.00 171.64
TGT Target Corporation 0.05 6999 60.58 59.74
FCX Freeport-McMoRan Copper & Gold 0.05 11400 33.07 38.73
LINE Linn Energy 0.05 14300 28.32 31.57
SRE Sempra Energy 0.05 3905 96.80 102.25
CHH Choice Hotels International 0.05 NEW 8300 46.02 49.33
TPX Tempur-Pedic International 0.05 NEW 8550 50.64 61.42
CREE Cree 0.05 NEW 6845 56.54 49.26
SKT Tanger Factory Outlet Centers 0.05 10592 35.03 35.80
AI Arlington Asset Investment 0.05 NEW 16000 26.50 26.75
KYN Kayne Anderson MLP Investment 0.05 NEW 11521 36.72 39.58
VNQ Vanguard REIT ETF 0.05 5411 70.60 76.70
VYM Vanguard High Dividend Yield ETF 0.05 +15.00% 6475 63.17 67.21
stock 0.05 NEW 5495 71.52 0.00
Ishares Inc msci frntr 100 0.05 +16.00% 10110 36.20 0.00
Doubleline Income Solutions 0.05 -80.00% 20000 21.20 0.00
Independence Realty Trust In 0.05 NEW 45000 8.91 0.00
Allegion Plc equity 0.05 NEW 7088 52.20 0.00
AXP American Express Company 0.04 NEW 3745 89.99 93.50
LNC Lincoln National Corporation 0.04 -23.00% 6960 50.72 53.06
Suntrust Banks Inc $1.00 Par Cmn 0.04 9051 39.77 0.00
BAX Baxter International 0.04 NEW 4620 73.59 76.97
ADP Automatic Data Processing 0.04 NEW 4696 77.30 81.37
UNH UnitedHealth 0.04 3721 81.97 85.96
AEP American Electric Power Company 0.04 6712 50.66 54.10
TMK Torchmark Corporation 0.04 NEW 4000 78.75 54.71
PCLN priceline.com Incorporated 0.04 300 1193.33 1236.73
SWKS Skyworks Solutions 0.04 NEW 7550 37.48 53.75
EXAC Exactech 0.04 15000 22.53 23.82
BDSI BioDelivery Sciences International 0.04 33850 8.45 12.85
RSP Rydex S&P; Equal Weight ETF 0.04 4000 73.00 76.96
VTI Vanguard Total Stock Market ETF 0.04 -6.00% 3303 97.49 102.70
EPP iShares MSCI Pacific ex-Japan Idx 0.04 -17.00% 6125 48.16 51.02
SDY SPDR S&P; Dividend 0.04 NEW 4300 73.49 76.08
RLOC ReachLocal 0.04 NEW 29025 9.85 6.75
RWR SPDR DJ Wilshire REIT 0.04 NEW 7945 41.16 84.88
ATAX America First Tax Exempt Investors 0.04 NEW 51000 6.04 6.00
PEO Petroleum & Resources Corporation 0.04 11117 27.89 31.50
Solarcity 0.04 NEW 5770 62.56 0.00
LLY Eli Lilly & Co. 0.03 -5.00% 4124 58.92 64.17
NSC Norfolk Southern 0.03 2819 97.20 107.23
PX Praxair 0.03 2020 131.19 130.51
TOT TOTAL S.A. 0.03 4075 65.52 69.21
AOI Alliance One International 0.03 NEW 84998 2.92 2.46
NPK National Presto Industries 0.03 NEW 2750 78.18 71.15
DLB Dolby Laboratories 0.03 NEW 5050 44.55 43.48
BIDU Baidu 0.03 NEW 1665 152.55 199.04
MET MetLife 0.03 NEW 4573 52.70 55.38
SPH Suburban Propane Partners 0.03 5304 41.48 45.72
INT World Fuel Services Corporation 0.03 NEW 5450 44.04 47.93
ODFL Old Dominion Freight Line 0.03 NEW 4712 56.66 63.26
CHECK POINT SOFTWARE Technolog Com Stk 0.03 NEW 3345 67.56 0.00
PNY Piedmont Natural Gas Company 0.03 6360 35.38 35.92
SCCO Southern Copper Corporation 0.03 -70.00% 8285 29.09 32.93
Rbc Cad 0.03 -4.00% 3333 66.01 0.00
IAU iShares Gold Trust 0.03 -41.00% 18520 12.42 12.66
EWZ iShares MSCI Brazil Index 0.03 -19.00% 5118 44.94 51.12
IJH iShares S&P; MidCap 400 Index 0.03 NEW 1536 137.37 141.22
Silver Wheaton 0.03 -79.00% 11475 22.66 0.00
DIA SPDR Dow Jones Industrial Average ETF 0.03 1382 164.25 170.40
CLDT Chatham Lodging Trust 0.03 NEW 11000 20.18 20.87
PTY PIMCO Corporate Opportunity Fund 0.03 12000 18.08 18.53
IXP iShares S&P; Global Telecommunicat. 0.03 3590 66.85 64.71
MDYG SPDR DJ Wilshire Mid Cap Growth 0.03 NEW 2000 114.00 115.03
MGC Vanguard Mega Cap 300 Index 0.03 NEW 3930 63.87 68.05
NBBC NewBridge Ban 0.03 29054 7.12 7.62
Ralph Lauren 0.03 1600 160.62 0.00
Schwab Strategic Tr us dividend eq 0.03 NEW 6094 36.92 0.00
Allison Transmission Hldngs I 0.03 NEW 9300 29.89 0.00
Sunshine Heart 0.03 NEW 39700 5.84 0.00
Summit Midstream Partners 0.03 -14.00% 6000 42.83 0.00
Crestwood Midstream Partners 0.03 NEW 12500 22.56 0.00
AEO American Eagle Outfitters 0.02 NEW 11650 12.27 10.42
RF Regions Financial Corporation 0.02 11848 11.14 10.15
KKD Krispy Kreme Doughnuts 0.02 10850 17.70 15.57
INFN Infinera 0.02 +4.00% 16475 9.10 9.20
RFMD RF Micro Devices 0.02 NEW 18884 7.89 10.37
LQD iShares IBoxx $ Invest Grade Corp Bd Fd 0.02 -9.00% 1719 116.93 119.41
Enduro Royalty Trust 0.02 NEW 13200 12.50 0.00
Fifth Str Sr Floating Rate 0.02 NEW 10000 14.40 0.00
American Homes 4 Rent-a reit 0.02 NEW 10000 16.70 0.00
EMAN eMagin Corporation 0.01 -45.00% 42523 2.52 2.03
Ambev Sa- 0.01 NEW 10375 7.42 0.00
CRIS Curis 0.00 10000 2.80 1.77