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
Expires:	Oct 31, 2018
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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	26,315	133,769	SH		SOLE		130,944	0	2,825
ABBOTT LABORATORIES	COM	002824100	29,265	479,839	SH		SOLE		467,528	0	12,311
ABBVIE INC	COM	00287y109	2,106	22,726	SH		SOLE		21,345	0	1,381
ACCENTURE PLC-CL A	COM	g1151c101	293	1,793	SH		SOLE		1,793	0	0
AFFILIATED MANAGERS GROUP INC	COM	008252108	17,622	118,533	SH		SOLE		115,118	0	3,415
AFLAC INC	COM	001055102	22,088	513,426	SH		SOLE		499,201	0	14,225
ALERIAN MLP ETF	COM	00162q866	15,480	1,532,653	SH		SOLE		1,482,953	0	49,700
ALLIANT ENERGY CORP	COM	018802108	23,817	562,772	SH		SOLE		545,497	0	17,275
ALLSTATE CORP	COM	020002101	20,917	229,181	SH		SOLE		222,937	0	6,244
ALPHABET INC CL A	COM	02079k305	285	252	SH		SOLE		252	0	0
ALPHABET INC CL C	COM	02079k107	317	284	SH		SOLE		284	0	0
ALTRIA GROUP INC	COM	02209S103	522	9,200	SH		SOLE		9,200	0	0
AMAZON.COM INC	COM	023135106	357	210	SH		SOLE		210	0	0
AMEREN CORPORATION	COM	023608102	661	10,855	SH		SOLE		10,655	0	200
AMERICAN ELECTRIC POWER	COM	025537101	24,183	349,218	SH		SOLE		339,793	0	9,425
AMERICAN EXPRESS CO	COM	025816109	24,588	250,901	SH		SOLE		245,526	0	5,375
AMERISOURCE BERGEN CORP	COM	03073E105	17,355	203,531	SH		SOLE		197,706	0	5,825
AMGEN INC	COM	031162100	31,171	168,865	SH		SOLE		165,421	0	3,444
ANTS SOFTWARE INC	COM	037271103	0	46,666	SH		SOLE		46,666	0	0
APPLE INC	COM	037833100	2,223	12,011	SH		SOLE		10,690	0	1,321
AT&T INC	COM	00206R102	42,237	1,315,371	SH		SOLE		1,282,294	0	33,077
AUTOMATIC DATA PROCESSING	COM	053015103	495	3,687	SH		SOLE		3,632	0	55
BAKER HUGHES A GE CO	COM	05722g100	211	6,393	SH		SOLE		6,393	0	0
BANK OF AMERICA CORP	COM	060505104	718	25,461	SH		SOLE		25,461	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	22,130	410,348	SH		SOLE		397,948	0	12,400
BAXTER INTERNATIONAL INC	COM	071813109	767	10,391	SH		SOLE		10,391	0	0
BB & T CORPORATION	COM	054937107	25,055	496,719	SH		SOLE		486,319	0	10,400
BECTON DICKINSON & CO	COM	075887109	387	1,616	SH		SOLE		1,616	0	0
BERKSHIRE HATHAWAY CL A 1/100	COM	084990175	282	100	SH		SOLE		100	0	0
BERKSHIRE HATHAWAY CL B	COM	084670702	1,232	6,601	SH		SOLE		6,436	0	165
BLACKROCK INC	COM	09247x101	25,621	51,340	SH		SOLE		50,305	0	1,035
BOEING CO	COM	097023105	7,459	22,232	SH		SOLE		21,832	0	400
BP PLC-SPONS ADR	COM	055622104	740	16,203	SH		SOLE		16,203	0	0
BRIGHTHOUSE FINANCIAL INC	COM	10922n103	204	5,086	SH		SOLE		5,031	0	55
BRINKER INTL INC	COM	109641100	21,008	441,350	SH		SOLE		428,965	0	12,385
BRISTOL MYERS SQUIBB CO	COM	110122108	560	10,127	SH		SOLE		10,127	0	0
BROWN & BROWN INC	COM	115236101	5,546	200,000	SH		SOLE		200,000	0	0
CATERPILLAR INC	COM	149123101	5,540	40,836	SH		SOLE		40,820	0	16
CHARLES SCHWAB CORP	COM	808513105	215	4,209	SH		SOLE		4,209	0	0
CHARTER COMMUNICATIONS (NEW)	COM	16119p108	202	689	SH		SOLE		689	0	0
CHEVRON CORPORATION	COM	166764100	27,613	218,408	SH		SOLE		212,983	0	5,425
CISCO SYSTEMS INC	COM	17275R102	42,864	996,133	SH		SOLE		971,318	0	24,815
CITIGROUP INC	COM	172967424	240	3,580	SH		SOLE		3,580	0	0
CLOROX COMPANY	COM	189054109	302	2,235	SH		SOLE		2,220	0	15
COCA COLA CO	COM	191216100	21,421	488,386	SH		SOLE		476,436	0	11,950
COLGATE PALMOLIVE CO	COM	194162103	18,142	279,930	SH		SOLE		272,530	0	7,400
COMCAST CORP CLASS A	COM	20030N101	544	16,577	SH		SOLE		16,577	0	0
COMMERCE BANCSHARES INC	COM	200525103	1,270	19,620	SH		SOLE		19,620	0	0
CONOCOPHILLIPS	COM	20825C104	29,240	420,001	SH		SOLE		410,051	0	9,950
CONSOLIDATED EDISON INC	COM	209115104	5,138	65,889	SH		SOLE		65,489	0	400
CONSUMER DISC SELECT SECTOR SPDR	COM	81369Y407	1,107	10,132	SH		SOLE		10,132	0	0
COSTCO WHOLESALE CORP	COM	22160K105	387	1,851	SH		SOLE		1,821	0	30
CSX CORP	COM	126408103	874	13,700	SH		SOLE		13,700	0	0
CVS HEALTH CORP	COM	126650100	15,546	241,580	SH		SOLE		233,730	0	7,850
DARDEN RESTAURANTS INC	COM	237194105	691	6,450	SH		SOLE		6,450	0	0
DEERE & CO	COM	244199105	32,868	235,108	SH		SOLE		229,808	0	5,300
DISCOVER FINANCIAL SERVICES	COM	254709108	23,505	333,830	SH		SOLE		324,780	0	9,050
DOMINION ENERGY INC	COM	25746U109	20,277	297,397	SH		SOLE		288,697	0	8,700
DOWDUPONT INC	COM	26078j100	796	12,072	SH		SOLE		12,072	0	0
DTE ENERGY COMPANY	COM	233331107	19,614	189,266	SH		SOLE		184,066	0	5,200
DUKE ENERGY HOLDING CORP	COM	26441c204	20,862	263,814	SH		SOLE		255,076	0	8,738
EDISON INTERNATIONAL	COM	281020107	347	5,490	SH		SOLE		5,490	0	0
ELI LILLY & CO	COM	532457108	305	3,580	SH		SOLE		3,580	0	0
EMERSON ELECTRIC CO	COM	291011104	394	5,695	SH		SOLE		5,695	0	0
ENBRIDGE INC	COM	29250n105	20,325	569,497	SH		SOLE		552,848	0	16,649
ENERGY SELECT SECTOR SPDR	COM	81369y506	674	8,877	SH		SOLE		6,756	0	2,121
ENTERPRISE PRODUCTS	COM	293792107	1,897	68,540	SH		SOLE		68,540	0	0
EVERGY INC	COM	30034w106	20,822	370,827	SH		SOLE		358,209	0	12,618
EVERSOURCE ENERGY	COM	30040w108	21,891	373,509	SH		SOLE		363,609	0	9,900
EXELON CORPORATION	COM	30161N101	287	6,747	SH		SOLE		6,647	0	100
EXXON MOBIL CORPORATION	COM	30231G102	26,810	324,061	SH		SOLE		317,216	0	6,845
FACEBOOK INC A	COM	30303m102	497	2,557	SH		SOLE		2,307	0	250
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	843	31,707	SH		SOLE		25,102	0	6,605
FIRSTENERGY CORP	COM	337932107	22,137	616,445	SH		SOLE		598,020	0	18,425
GENERAL DYNAMICS CORP	COM	369550108	27,153	145,662	SH		SOLE		142,247	0	3,415
GENERAL ELECTRIC CO	COM	369604103	1,072	78,790	SH		SOLE		77,978	0	812
GENERAL MILLS INC	COM	370334104	18,833	425,506	SH		SOLE		414,806	0	10,700
GENUINE PARTS CO	COM	372460105	21,179	230,729	SH		SOLE		224,604	0	6,125
HOME DEPOT INC	COM	437076102	1,153	5,909	SH		SOLE		5,585	0	324
HONEYWELL INTERNATL INC	COM	438516106	36,175	251,127	SH		SOLE		245,696	0	5,431
IBERIABANK CORP	COM	450828108	333	4,394	SH		SOLE		4,394	0	0
ILLINOIS TOOL WORKS	COM	452308109	388	2,800	SH		SOLE		2,730	0	70
INDUSTRIAL SELECT SECTOR SPDR	COM	81369y704	699	9,762	SH		SOLE		9,762	0	0
INTEL CORPORATION	COM	458140100	44,025	885,630	SH		SOLE		862,669	0	22,961
INTERNATIONAL PAPER CO	COM	460146103	202	3,884	SH		SOLE		3,884	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	25,364	181,559	SH		SOLE		177,334	0	4,225
INVESCO S&P 500 EQUAL WEIGHT ETF	COM	46137v357	253	2,483	SH		SOLE		2,483	0	0
ISHARES CORE MSCI EMERGING MKTS ETF	COM	46434g103	698	13,296	SH		SOLE		13,296	0	0
ISHARES CORE S&P 500 ETF	COM	464287200	499	1,828	SH		SOLE		0	0	1,828
ISHARES CORE S&P MID CAP ETF	COM	464287507	409	2,098	SH		SOLE		520	0	1,578
ISHARES CORE S&P SMALL CAP ETF	COM	464287804	328	3,924	SH		SOLE		0	0	3,924
ISHARES MSCI ALL COUNTRY ASIA	COM	464288182	282	3,939	SH		SOLE		200	0	3,739
ISHARES MSCI EAFE ETF	COM	464287465	5,367	80,143	SH		SOLE		77,751	0	2,392
ISHARES RUSSELL 3000 ETF	COM	464287689	8,928	55,015	SH		SOLE		55,015	0	0
ISHARES RUSSELL MIDCAP ETF	COM	464287499	318	1,500	SH		SOLE		1,500	0	0
ISHARES RUSSELL MIDCAP VALUE ETF	COM	464287473	387	4,372	SH		SOLE		988	0	3,384
ISHARES S&P500 VALUE INDEX ETF	COM	464287408	235	2,138	SH		SOLE		2,020	0	118
JOHNSON & JOHNSON	COM	478160104	35,990	296,606	SH		SOLE		288,874	0	7,732
JP MORGAN CHASE & CO	COM	46625H100	41,317	396,521	SH		SOLE		386,887	0	9,634
KIMBERLY CLARK CORP	COM	494368103	20,518	194,778	SH		SOLE		189,558	0	5,220
KINDER MORGAN INC	COM	49456b101	346	19,557	SH		SOLE		18,257	0	1,300
KROGER CO	COM	501044101	17,319	608,735	SH		SOLE		594,860	0	13,875
LOCKHEED MARTIN CORP	COM	539830109	353	1,195	SH		SOLE		1,149	0	46
LOWES COS INC	COM	548661107	500	5,235	SH		SOLE		5,235	0	0
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	1,568	22,700	SH		SOLE		22,700	0	0
MARATHON PETROLEUM CORP	COM	56585a102	15,620	222,640	SH		SOLE		214,940	0	7,700
MARSH & MCLENNAN COS	COM	571748102	23,829	290,704	SH		SOLE		283,675	0	7,029
MATTEL INC	COM	577081102	267	16,274	SH		SOLE		15,274	0	1,000
MCCORMICK & CO INC	COM	579780206	26,687	229,884	SH		SOLE		224,684	0	5,200
MCDONALDS CORPORATION	COM	580135101	1,064	6,792	SH		SOLE		6,633	0	159
MEDTRONIC PLC	COM	g5960l103	597	6,978	SH		SOLE		6,709	0	269
MERCK AND CO INC NEW	COM	58933y105	2,206	36,339	SH		SOLE		36,339	0	0
METLIFE INC	COM	59156R108	17,832	409,000	SH		SOLE		398,457	0	10,543
MICROSOFT CORP	COM	594918104	60,115	609,628	SH		SOLE		595,536	0	14,092
NATIONAL FUEL GAS CO	COM	636180101	423	7,983	SH		SOLE		7,383	0	600
NATIONAL GRID PLC	COM	636274409	14,657	262,439	SH		SOLE		250,750	0	11,689
NESTLE SA SPONSORED ADR	COM	641069406	265	3,420	SH		SOLE		2,920	0	500
NEW JERSEY RESOURCES CORP	COM	646025106	394	8,800	SH		SOLE		8,800	0	0
NEXTERA ENERGY INC	COM	65339f101	28,035	167,846	SH		SOLE		162,096	0	5,750
NORFOLK SOUTHERN CORP	COM	655844108	12,236	81,105	SH		SOLE		77,168	0	3,937
OCCIDENTAL PETROLEUM CORP	COM	674599105	228	2,730	SH		SOLE		2,730	0	0
OGE ENERGY CORP	COM	670837103	350	9,934	SH		SOLE		9,934	0	0
ORACLE CORP	COM	68389X105	27,761	630,062	SH		SOLE		616,669	0	13,393
PEPSICO INC	COM	713448108	27,178	249,633	SH		SOLE		243,843	0	5,790
PFIZER INC	COM	717081103	28,695	790,921	SH		SOLE		772,407	0	18,514
PHILIP MORRIS INTL	COM	718172109	18,317	226,870	SH		SOLE		222,070	0	4,800
PHILLIPS 66	COM	718546104	730	6,496	SH		SOLE		6,496	0	0
PNC FINANCIAL SERVICES GROUP	COM	693475105	26,390	195,336	SH		SOLE		191,246	0	4,090
PORTLAND GENERAL ELECTRIC CO	COM	736508847	20,046	468,799	SH		SOLE		456,024	0	12,775
PPG INDUSTRIES INC	COM	693506107	21,307	205,405	SH		SOLE		201,005	0	4,400
PROCTER & GAMBLE CO	COM	742718109	22,826	292,410	SH		SOLE		285,081	0	7,329
QUALCOMM INC	COM	747525103	19,907	354,723	SH		SOLE		343,558	0	11,165
RAYTHEON COMPANY	COM	755111507	309	1,598	SH		SOLE		1,598	0	0
RLI CORP	COM	749607107	37,836	571,627	SH		SOLE		571,627	0	0
ROYAL CARIBBEAN CRUISE	COM	v7780t103	17,443	168,365	SH		SOLE		163,910	0	4,455
ROYAL DUTCH SHELL PLC A	COM	780259206	524	7,570	SH		SOLE		7,570	0	0
ROYAL DUTCH SHELL PLC B ADR	COM	780259107	25,411	349,779	SH		SOLE		339,254	0	10,525
RPM INTERNATIONAL INC	COM	749685103	26,293	450,844	SH		SOLE		439,844	0	11,000
S&P GLOBAL INC	COM	78409v104	31,906	156,488	SH		SOLE		153,393	0	3,095
SCHLUMBERGER LTD	COM	806857108	23,096	344,555	SH		SOLE		336,430	0	8,125
SCHWAB US AGGREGATE BOND ETF	COM	808524839	1,174	23,190	SH		SOLE		11,095	0	12,095
SCHWAB US DVD EQUITY ETF	COM	808524797	1,762	35,744	SH		SOLE		29,058	0	6,686
SCHWAB US LARGE GROWTH ETF	COM	808524300	283	3,739	SH		SOLE		3,739	0	0
SOUTH JERSEY INDUSTRIES	COM	838518108	18,938	565,819	SH		SOLE		547,419	0	18,400
SOUTHERN CO	COM	842587107	22,670	489,517	SH		SOLE		475,817	0	13,700
SPDR GOLD TRUST	COM	78463v107	335	2,820	SH		SOLE		2,805	0	15
SPDR S&P 500 ETF TRUST	COM	78462f103	1,937	7,139	SH		SOLE		2,383	0	4,756
STANLEY BLACK & DECKER INC.	COM	854502101	310	2,334	SH		SOLE		2,334	0	0
STARBUCKS CORP	COM	855244109	200	4,104	SH		SOLE		4,104	0	0
T ROWE PRICE ASSOCIATES	COM	74144t108	24,932	214,764	SH		SOLE		210,614	0	4,150
TARGET CORP	COM	87612E106	24,136	317,076	SH		SOLE		308,626	0	8,450
TEXAS INSTRUMENTS INC	COM	882508104	41,451	375,971	SH		SOLE		368,646	0	7,325
THE WALT DISNEY CO	COM	254687106	33,133	316,129	SH		SOLE		310,154	0	5,975
TRANSCANADA CORP	COM	89353d107	20,350	471,054	SH		SOLE		457,004	0	14,050
TRAVELERS COMPANIES INC	COM	89417e109	1,430	11,690	SH		SOLE		11,688	0	2
UNION PACIFIC CORP	COM	907818108	1,013	7,152	SH		SOLE		6,982	0	170
UNITED PARCEL SERVICE B	COM	911312106	23,488	221,108	SH		SOLE		215,598	0	5,510
UNITED TECHNOLOGIES CORP	COM	913017109	25,717	205,685	SH		SOLE		201,031	0	4,654
UNITEDHEALTH GROUP	COM	91324P102	44,320	180,649	SH		SOLE		176,905	0	3,744
US BANCORP	COM	902973304	23,792	475,659	SH		SOLE		464,599	0	11,060
UTILITIES SELECT SECTOR SPDR	COM	81369Y886	888	17,084	SH		SOLE		12,377	0	4,707
VALHI INC	COM	918905100	54	11,421	SH		SOLE		11,421	0	0
VANGUARD DIVIDEND APPRECIATION ETF	COM	921908844	1,572	15,465	SH		SOLE		12,534	0	2,931
VANGUARD EXTENDED MARKET ETF	COM	922908652	256	2,169	SH		SOLE		2,169	0	0
VANGUARD FTSE EMERGING MARKETS ETF	COM	922042858	1,379	32,686	SH		SOLE		32,686	0	0
VANGUARD S&P 500 ETF	COM	922908363	765	3,067	SH		SOLE		90	0	2,977
VANGUARD SHORT-TERM CORPORATE ETF	COM	92206c409	1,096	14,029	SH		SOLE		8,820	0	5,209
VECTREN CORPORATION	COM	92240G101	18,277	255,797	SH		SOLE		251,897	0	3,900
VERIZON COMMUNICATIONS	COM	92343v104	35,674	709,086	SH		SOLE		688,766	0	20,320
WALGREENS BOOTS ALLIANCE INC	COM	931427108	438	7,303	SH		SOLE		7,148	0	155
WALMART INC	COM	931142103	430	5,025	SH		SOLE		4,525	0	500
WEC ENERGY GROUP INC	COM	92939u106	443	6,857	SH		SOLE		6,857	0	0
WELLS FARGO & COMPANY	COM	949746101	27,784	501,151	SH		SOLE		489,756	0	11,395
WILLIAMS COS INC	COM	969457100	13,046	481,208	SH		SOLE		466,058	0	15,150
WISDOMTREE MIDCAP DVD FD F	COM	97717w505	340	9,505	SH		SOLE		9,505	0	0
WORTHINGTON INDUSTRIES INC	COM	981811102	700	16,676	SH		SOLE		16,676	0	0
XCEL ENERGY	COM	98389B100	23,872	522,583	SH		SOLE		506,558	0	16,025