Vaughan David Investments 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M COMPANY	COM	88579Y101	31,856	135,342	SH		SOLE		132,842	0	2,500
ABBOTT LABORATORIES	COM	002824100	27,939	489,548	SH		SOLE		476,248	0	13,300
ABBVIE INC	COM	00287y109	2,239	23,157	SH		SOLE		22,757	0	400
ACCENTURE PLC-CL A	COM	g1151c101	554	3,618	SH		SOLE		1,793	0	1,825
AFFILIATED MANAGERS GROUP INC	COM	008252108	23,093	112,511	SH		SOLE		109,236	0	3,275
AFLAC INC	COM	001055102	22,717	258,800	SH		SOLE		251,850	0	6,950
ALERIAN MLP ETF	COM	00162q866	15,721	1,457,008	SH		SOLE		1,415,108	0	41,900
ALLIANT ENERGY CORP	COM	018802108	23,059	541,171	SH		SOLE		527,071	0	14,100
ALLSTATE CORP	COM	020002101	23,765	226,957	SH		SOLE		221,587	0	5,370
ALPHABET INC CL C	COM	02079k107	332	317	SH		SOLE		317	0	0
ALTRIA GROUP INC	COM	02209S103	734	10,281	SH		SOLE		10,281	0	0
AMAZON.COM INC	COM	023135106	239	204	SH		SOLE		204	0	0
AMEREN CORPORATION	COM	023608102	676	11,455	SH		SOLE		10,855	0	600
AMERICAN ELECTRIC POWER	COM	025537101	24,047	326,854	SH		SOLE		318,304	0	8,550
AMERICAN EXPRESS CO	COM	025816109	25,924	261,039	SH		SOLE		255,839	0	5,200
AMERISOURCE BERGEN CORP	COM	03073E105	18,054	196,623	SH		SOLE		191,523	0	5,100
AMGEN INC	COM	031162100	29,815	171,449	SH		SOLE		167,649	0	3,800
ANTS SOFTWARE INC	COM	037271103	0	46,666	SH		SOLE		46,666	0	0
APPLE INC	COM	037833100	1,727	10,202	SH		SOLE		9,529	0	673
AT&T INC	COM	00206R102	36,244	932,209	SH		SOLE		909,281	0	22,928
AUTOMATIC DATA PROCESSING	COM	053015103	426	3,632	SH		SOLE		3,632	0	0
BAKER HUGHES A GE CO	COM	05722g100	218	6,893	SH		SOLE		6,893	0	0
BANK OF AMERICA CORP	COM	060505104	764	25,890	SH		SOLE		25,890	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	21,932	407,198	SH		SOLE		395,048	0	12,150
BAXTER INTERNATIONAL INC	COM	071813109	734	11,351	SH		SOLE		11,351	0	0
BB & T CORPORATION	COM	054937107	25,066	504,140	SH		SOLE		494,240	0	9,900
BECTON DICKINSON & CO	COM	075887109	466	2,176	SH		SOLE		2,125	0	51
BERKSHIRE HATHAWAY CL A 1/100	COM	084990175	298	100	SH		SOLE		100	0	0
BERKSHIRE HATHAWAY CL B	COM	084670702	1,282	6,468	SH		SOLE		6,428	0	40
BLACKROCK INC	COM	09247x101	26,456	51,500	SH		SOLE		50,340	0	1,160
BOEING CO	COM	097023105	8,767	29,726	SH		SOLE		29,376	0	350
BP PLC-SPONS ADR	COM	055622104	648	15,419	SH		SOLE		13,981	0	1,438
BRIGHTHOUSE FINANCIAL INC	COM	10922n103	935	15,944	SH		SOLE		15,728	0	216
BRINKER INTL INC	COM	109641100	18,028	464,161	SH		SOLE		452,311	0	11,850
BRISTOL MYERS SQUIBB CO	COM	110122108	714	11,656	SH		SOLE		11,656	0	0
BROWN & BROWN INC	COM	115236101	5,146	100,000	SH		SOLE		100,000	0	0
CATERPILLAR INC	COM	149123101	8,324	52,825	SH		SOLE		52,825	0	0
CHARLES SCHWAB CORP	COM	808513105	216	4,209	SH		SOLE		4,209	0	0
CHARTER COMMUNICATIONS (NEW)	COM	16119p108	236	701	SH		SOLE		701	0	0
CHEVRON CORPORATION	COM	166764100	28,328	226,279	SH		SOLE		221,254	0	5,025
CISCO SYSTEMS INC	COM	17275R102	39,690	1,036,286	SH		SOLE		1,010,939	0	25,347
CITIGROUP INC	COM	172967424	275	3,694	SH		SOLE		3,694	0	0
CLOROX COMPANY	COM	189054109	331	2,226	SH		SOLE		2,226	0	0
COCA COLA CO	COM	191216100	22,325	486,595	SH		SOLE		476,995	0	9,600
COLGATE PALMOLIVE CO	COM	194162103	20,317	269,280	SH		SOLE		260,780	0	8,500
COMCAST CORP CLASS A	COM	20030N101	659	16,466	SH		SOLE		16,466	0	0
COMMERCE BANCSHARES INC	COM	200525103	1,107	19,821	SH		SOLE		19,821	0	0
CONOCOPHILLIPS	COM	20825C104	23,197	422,604	SH		SOLE		413,581	0	9,023
CONSOLIDATED EDISON INC	COM	209115104	6,656	78,351	SH		SOLE		77,951	0	400
CONSUMER DISC SELECT SECTOR SPDR	COM	81369Y407	1,043	10,567	SH		SOLE		10,567	0	0
COSTCO WHOLESALE CORP	COM	22160K105	344	1,847	SH		SOLE		1,847	0	0
CSX CORP	COM	126408103	754	13,700	SH		SOLE		13,700	0	0
CVS HEALTH CORP	COM	126650100	16,563	228,449	SH		SOLE		222,224	0	6,225
DARDEN RESTAURANTS INC	COM	237194105	619	6,450	SH		SOLE		6,450	0	0
DEERE & CO	COM	244199105	36,270	231,743	SH		SOLE		227,293	0	4,450
DISCOVER FINANCIAL SERVICES	COM	254709108	25,567	332,380	SH		SOLE		322,980	0	9,400
DOMINION ENERGY INC	COM	25746U109	22,340	275,594	SH		SOLE		268,520	0	7,074
DOWDUPONT INC	COM	26078j100	943	13,234	SH		SOLE		13,234	0	0
DTE ENERGY COMPANY	COM	233331107	19,329	176,584	SH		SOLE		171,234	0	5,350
DUKE ENERGY HOLDING CORP	COM	26441c204	20,777	247,023	SH		SOLE		240,038	0	6,985
EDISON INTERNATIONAL	COM	281020107	347	5,490	SH		SOLE		5,490	0	0
ELI LILLY & CO	COM	532457108	304	3,605	SH		SOLE		3,605	0	0
EMERSON ELECTRIC CO	COM	291011104	425	6,095	SH		SOLE		6,095	0	0
ENBRIDGE INC	COM	29250n105	21,404	547,284	SH		SOLE		532,722	0	14,562
ENTERPRISE PRODUCTS	COM	293792107	1,622	61,200	SH		SOLE		61,200	0	0
EVERSOURCE ENERGY	COM	30040w108	21,708	343,584	SH		SOLE		337,134	0	6,450
EXELON CORPORATION	COM	30161N101	267	6,780	SH		SOLE		6,780	0	0
EXXON MOBIL CORPORATION	COM	30231G102	26,486	316,663	SH		SOLE		308,742	0	7,921
FACEBOOK INC A	COM	30303m102	397	2,252	SH		SOLE		2,252	0	0
GENERAL DYNAMICS CORP	COM	369550108	30,620	150,506	SH		SOLE		146,856	0	3,650
GENERAL ELECTRIC CO	COM	369604103	1,499	85,921	SH		SOLE		85,521	0	400
GENERAL MILLS INC	COM	370334104	23,447	395,466	SH		SOLE		385,866	0	9,600
GENUINE PARTS CO	COM	372460105	21,038	221,434	SH		SOLE		216,209	0	5,225
GREAT PLAINS ENERGY INC	COM	391164100	18,640	578,159	SH		SOLE		562,159	0	16,000
HOME DEPOT INC	COM	437076102	1,040	5,487	SH		SOLE		5,463	0	24
HONEYWELL INTERNATL INC	COM	438516106	37,973	247,607	SH		SOLE		242,257	0	5,350
IBERIABANK CORP	COM	450828108	438	5,649	SH		SOLE		5,649	0	0
ILLINOIS TOOL WORKS	COM	452308109	456	2,730	SH		SOLE		2,730	0	0
INDUSTRIAL SELECT SECTOR SPDR	COM	81369y704	798	10,545	SH		SOLE		10,545	0	0
INTEL CORPORATION	COM	458140100	43,514	942,673	SH		SOLE		923,473	0	19,200
INTERNATIONAL PAPER CO	COM	460146103	245	4,227	SH		SOLE		4,227	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	26,813	174,768	SH		SOLE		171,043	0	3,725
ISHARES CORE MSCI EMERGING MKTS ETF	COM	46434g103	757	13,296	SH		SOLE		13,296	0	0
ISHARES CORE S&P 500 ETF	COM	464287200	1,238	4,604	SH		SOLE		0	0	4,604
ISHARES CORE S&P MID CAP ETF	COM	464287507	609	3,210	SH		SOLE		337	0	2,873
ISHARES MORNINGSTAR MID CAP	COM	464288406	463	2,900	SH		SOLE		0	0	2,900
ISHARES MSCI ALL COUNTRY ASIA	COM	464288182	285	3,739	SH		SOLE		0	0	3,739
ISHARES MSCI EAFE ETF	COM	464287465	5,679	80,772	SH		SOLE		77,751	0	3,021
ISHARES MSCI EMERGING MKT ETF	COM	464287234	408	8,655	SH		SOLE		510	0	8,145
ISHARES RUSSELL 2000 ETF	COM	464287655	366	2,401	SH		SOLE		408	0	1,993
ISHARES RUSSELL 2000 GROWTH ETF	COM	464287648	316	1,691	SH		SOLE		0	0	1,691
ISHARES RUSSELL 2000 VALUE ETF	COM	464287630	346	2,749	SH		SOLE		1,160	0	1,589
ISHARES RUSSELL 3000 ETF	COM	464287689	8,664	54,775	SH		SOLE		54,775	0	0
ISHARES RUSSELL MIDCAP ETF	COM	464287499	312	1,500	SH		SOLE		1,500	0	0
ISHARES RUSSELL MIDCAP VALUE ETF	COM	464287473	373	4,187	SH		SOLE		803	0	3,384
ISHARES S&P500 VALUE INDEX ETF	COM	464287408	225	1,971	SH		SOLE		1,971	0	0
ISHARES SILVER TRUST ETF	COM	46428Q109	164	10,234	SH		SOLE		10,234	0	0
JASON INDUSTRIES INC	COM	471172106	24	10,000	SH		SOLE		10,000	0	0
JOHNSON & JOHNSON	COM	478160104	40,236	287,975	SH		SOLE		280,925	0	7,050
JP MORGAN CHASE & CO	COM	46625H100	43,560	407,334	SH		SOLE		398,114	0	9,220
KIMBERLY CLARK CORP	COM	494368103	22,338	185,132	SH		SOLE		180,607	0	4,525
KINDER MORGAN INC	COM	49456b101	14,070	778,631	SH		SOLE		756,131	0	22,500
KROGER CO	COM	501044101	17,291	629,918	SH		SOLE		616,368	0	13,550
LEGG MASON INC	COM	524901105	210	5,000	SH		SOLE		5,000	0	0
LOCKHEED MARTIN CORP	COM	539830109	391	1,219	SH		SOLE		1,219	0	0
LOWES COS INC	COM	548661107	512	5,510	SH		SOLE		5,510	0	0
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	1,419	20,000	SH		SOLE		20,000	0	0
MARATHON PETROLEUM CORP	COM	56585a102	310	4,700	SH		SOLE		4,700	0	0
MARSH & MCLENNAN COS	COM	571748102	23,519	288,972	SH		SOLE		281,872	0	7,100
MATTEL INC	COM	577081102	590	38,348	SH		SOLE		37,348	0	1,000
MCCORMICK & CO INC	COM	579780206	22,712	222,862	SH		SOLE		217,912	0	4,950
MCDONALDS CORPORATION	COM	580135101	1,170	6,795	SH		SOLE		6,795	0	0
MEDTRONIC PLC	COM	g5960l103	582	7,209	SH		SOLE		7,209	0	0
MERCK AND CO INC NEW	COM	58933y105	2,159	38,370	SH		SOLE		38,082	0	288
METLIFE INC	COM	59156R108	19,693	389,494	SH		SOLE		379,994	0	9,500
MICROSOFT CORP	COM	594918104	53,525	625,728	SH		SOLE		612,428	0	13,300
MONSANTO CO	COM	61166W101	2,144	18,357	SH		SOLE		18,257	0	100
NATIONAL FUEL GAS CO	COM	636180101	515	9,383	SH		SOLE		8,783	0	600
NATIONAL GRID PLC	COM	636274409	16,083	273,466	SH		SOLE		264,605	0	8,861
NESTLE SA SPONSORED ADR	COM	641069406	251	2,920	SH		SOLE		2,920	0	0
NEW JERSEY RESOURCES CORP	COM	646025106	402	10,000	SH		SOLE		10,000	0	0
NEXTERA ENERGY INC	COM	65339f101	26,700	170,945	SH		SOLE		165,345	0	5,600
NORFOLK SOUTHERN CORP	COM	655844108	1,140	7,865	SH		SOLE		7,865	0	0
NORTHROP GRUMMAN CORP	COM	666807102	211	686	SH		SOLE		686	0	0
OCCIDENTAL PETROLEUM CORP	COM	674599105	205	2,785	SH		SOLE		2,785	0	0
OGE ENERGY CORP	COM	670837103	327	9,934	SH		SOLE		9,334	0	600
ORACLE CORP	COM	68389X105	29,696	628,097	SH		SOLE		611,297	0	16,800
PEPSICO INC	COM	713448108	29,517	246,143	SH		SOLE		241,393	0	4,750
PFIZER INC	COM	717081103	28,060	774,724	SH		SOLE		752,990	0	21,734
PHILIP MORRIS INTL	COM	718172109	22,732	215,166	SH		SOLE		210,216	0	4,950
PHILLIPS 66	COM	718546104	720	7,119	SH		SOLE		6,598	0	521
PNC FINANCIAL SERVICES GROUP	COM	693475105	28,705	198,939	SH		SOLE		194,589	0	4,350
PORTLAND GENERAL ELECTRIC CO	COM	736508847	21,146	463,932	SH		SOLE		452,732	0	11,200
PPG INDUSTRIES INC	COM	693506107	23,532	201,441	SH		SOLE		197,441	0	4,000
PROCTER & GAMBLE CO	COM	742718109	26,716	290,772	SH		SOLE		284,297	0	6,475
QUALCOMM INC	COM	747525103	22,215	347,003	SH		SOLE		337,103	0	9,900
RAYTHEON COMPANY	COM	755111507	423	2,254	SH		SOLE		2,254	0	0
RESOURCE REAL ESTATE OPP REIT II	COM	76123w101	1,362	149,656	SH		SOLE		0	0	149,656
RLI CORP	COM	749607107	31,917	526,164	SH		SOLE		523,564	0	2,600
ROYAL DUTCH SHELL PLC A	COM	780259206	465	6,963	SH		SOLE		6,963	0	0
ROYAL DUTCH SHELL PLC B ADR	COM	780259107	24,503	358,809	SH		SOLE		349,509	0	9,300
RPM INTERNATIONAL INC	COM	749685103	23,283	444,157	SH		SOLE		434,757	0	9,400
S&P GLOBAL INC	COM	78409v104	27,809	164,164	SH		SOLE		160,164	0	4,000
SCANA CORP	COM	80589M102	605	15,216	SH		SOLE		15,216	0	0
SCHLUMBERGER LTD	COM	806857108	23,003	341,339	SH		SOLE		333,539	0	7,800
SCHWAB US DVD EQUITY ETF	COM	808524797	210	4,102	SH		SOLE		4,102	0	0
SCHWAB US LARGE CAP VAL	COM	808524409	240	4,389	SH		SOLE		4,389	0	0
SCHWAB US LARGE GROWTH ETF	COM	808524300	286	4,039	SH		SOLE		4,039	0	0
SOUTH JERSEY INDUSTRIES	COM	838518108	17,001	544,396	SH		SOLE		530,496	0	13,900
SOUTHERN CO	COM	842587107	22,170	461,005	SH		SOLE		449,805	0	11,200
SPDR GOLD TRUST	COM	78463v107	349	2,820	SH		SOLE		2,805	0	15
SPDR S&P 500 ETF TRUST	COM	78462f103	2,253	8,444	SH		SOLE		1,628	0	6,816
STANLEY BLACK & DECKER INC.	COM	854502101	396	2,334	SH		SOLE		2,334	0	0
STARBUCKS CORP	COM	855244109	253	4,404	SH		SOLE		4,404	0	0
T ROWE PRICE ASSOCIATES	COM	74144t108	23,260	221,667	SH		SOLE		217,667	0	4,000
TARGET CORP	COM	87612E106	19,969	306,041	SH		SOLE		298,691	0	7,350
TEXAS INSTRUMENTS INC	COM	882508104	40,145	384,381	SH		SOLE		376,181	0	8,200
THE HERSHEY COMPANY	COM	427866108	232	2,040	SH		SOLE		2,040	0	0
THE WALT DISNEY CO	COM	254687106	33,145	308,297	SH		SOLE		301,722	0	6,575
TIME WARNER INC	COM	887317303	25,407	277,768	SH		SOLE		272,186	0	5,582
TITAN MEDICAL INC	COM	88830x108	6	20,000	SH		SOLE		20,000	0	0
TRANSCANADA CORP	COM	89353d107	22,586	464,360	SH		SOLE		453,510	0	10,850
TRAVELERS COMPANIES INC	COM	89417e109	1,714	12,636	SH		SOLE		12,634	0	2
UNION PACIFIC CORP	COM	907818108	936	6,982	SH		SOLE		6,982	0	0
UNITED PARCEL SERVICE B	COM	911312106	26,733	224,363	SH		SOLE		219,963	0	4,400
UNITED TECHNOLOGIES CORP	COM	913017109	26,869	210,623	SH		SOLE		206,373	0	4,250
UNITEDHEALTH GROUP	COM	91324P102	39,958	181,248	SH		SOLE		177,748	0	3,500
US BANCORP	COM	902973304	25,822	481,928	SH		SOLE		472,428	0	9,500
VALHI INC	COM	918905100	70	11,421	SH		SOLE		11,421	0	0
VANGUARD EXTENDED MARKET ETF	COM	922908652	242	2,169	SH		SOLE		2,169	0	0
VANGUARD FTSE EMERGING MARKETS ETF	COM	922042858	1,448	31,536	SH		SOLE		31,536	0	0
VANGUARD S&P 500 ETF	COM	922908363	752	3,067	SH		SOLE		90	0	2,977
VANGUARD SHORT-TERM CORPORATE ETF	COM	92206c409	220	2,775	SH		SOLE		2,775	0	0
VECTREN CORPORATION	COM	92240G101	21,253	326,868	SH		SOLE		319,468	0	7,400
VERIZON COMMUNICATIONS	COM	92343v104	36,252	684,909	SH		SOLE		666,921	0	17,988
WAL MART STORES INC	COM	931142103	437	4,425	SH		SOLE		4,425	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	556	7,650	SH		SOLE		6,950	0	700
WEC ENERGY GROUP INC	COM	92939u106	480	7,231	SH		SOLE		7,231	0	0
WELLS FARGO & COMPANY	COM	949746101	29,664	488,943	SH		SOLE		478,043	0	10,900
WILLIAMS COS INC	COM	969457100	13,767	451,511	SH		SOLE		439,311	0	12,200
WISDOMTREE MIDCAP DVD FD F	COM	97717w505	449	12,720	SH		SOLE		12,720	0	0
WORTHINGTON INDUSTRIES INC	COM	981811102	744	16,876	SH		SOLE		16,376	0	500
XCEL ENERGY	COM	98389B100	24,374	506,629	SH		SOLE		493,679	0	12,950