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
Estimated average burden
hours per response:		23.8

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	28,256	134,099	SH		SOLE		131,124	0	2,975
ABBOTT LABORATORIES	COM	002824100	34,279	467,268	SH		SOLE		453,907	0	13,361
ABBVIE INC	COM	00287y109	2,086	22,052	SH		SOLE		21,485	0	567
ACCENTURE PLC-CL A	COM	g1151c101	325	1,909	SH		SOLE		1,909	0	0
AFFILIATED MANAGERS GROUP INC	COM	008252108	16,043	117,343	SH		SOLE		113,853	0	3,490
AFLAC INC	COM	001055102	23,623	501,865	SH		SOLE		486,690	0	15,175
ALERIAN MLP ETF	COM	00162q866	16,456	1,540,818	SH		SOLE		1,488,768	0	52,050
ALLIANT ENERGY CORP	COM	018802108	23,163	544,120	SH		SOLE		526,645	0	17,475
ALLSTATE CORP	COM	020002101	22,520	228,167	SH		SOLE		222,048	0	6,119
ALPHABET INC CL A	COM	02079k305	357	296	SH		SOLE		296	0	0
ALPHABET INC CL C	COM	02079k107	321	269	SH		SOLE		269	0	0
ALTRIA GROUP INC	COM	02209S103	575	9,532	SH		SOLE		9,532	0	0
AMAZON.COM INC	COM	023135106	427	213	SH		SOLE		213	0	0
AMEREN CORPORATION	COM	023608102	686	10,855	SH		SOLE		10,655	0	200
AMERICAN ELECTRIC POWER	COM	025537101	24,595	346,999	SH		SOLE		337,074	0	9,925
AMERICAN EXPRESS CO	COM	025816109	26,659	250,339	SH		SOLE		244,889	0	5,450
AMERISOURCE BERGEN CORP	COM	03073E105	18,367	199,166	SH		SOLE		192,841	0	6,325
AMGEN INC	COM	031162100	34,947	168,588	SH		SOLE		164,594	0	3,994
ANTS SOFTWARE INC	COM	037271103	0	46,666	SH		SOLE		46,666	0	0
APPLE INC	COM	037833100	2,525	11,185	SH		SOLE		9,865	0	1,320
AT&T INC	COM	00206R102	43,432	1,293,400	SH		SOLE		1,259,426	0	33,974
AUTOMATIC DATA PROCESSING	COM	053015103	550	3,652	SH		SOLE		3,597	0	55
BAKER HUGHES A GE CO	COM	05722g100	216	6,393	SH		SOLE		6,393	0	0
BANK OF AMERICA CORP	COM	060505104	750	25,461	SH		SOLE		25,461	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	21,266	417,058	SH		SOLE		404,308	0	12,750
BAXTER INTERNATIONAL INC	COM	071813109	867	11,241	SH		SOLE		11,241	0	0
BB & T CORPORATION	COM	054937107	24,177	498,075	SH		SOLE		486,400	0	11,675
BECTON DICKINSON & CO	COM	075887109	443	1,697	SH		SOLE		1,697	0	0
BERKSHIRE HATHAWAY CL A 1/100	COM	084990175	320	100	SH		SOLE		100	0	0
BERKSHIRE HATHAWAY CL B	COM	084670702	1,413	6,601	SH		SOLE		6,436	0	165
BLACKROCK INC	COM	09247x101	23,673	50,227	SH		SOLE		49,142	0	1,085
BOEING CO	COM	097023105	7,883	21,197	SH		SOLE		21,197	0	0
BP PLC-SPONS ADR	COM	055622104	772	16,749	SH		SOLE		16,749	0	0
BRINKER INTL INC	COM	109641100	19,966	427,262	SH		SOLE		414,152	0	13,110
BRISTOL MYERS SQUIBB CO	COM	110122108	629	10,127	SH		SOLE		10,127	0	0
BROWN & BROWN INC	COM	115236101	5,930	200,556	SH		SOLE		200,556	0	0
CATERPILLAR INC	COM	149123101	6,345	41,611	SH		SOLE		41,596	0	15
CHARLES SCHWAB CORP	COM	808513105	207	4,209	SH		SOLE		4,209	0	0
CHARTER COMMUNICATIONS (NEW)	COM	16119p108	229	703	SH		SOLE		703	0	0
CHEVRON CORPORATION	COM	166764100	26,913	220,094	SH		SOLE		213,869	0	6,225
CISCO SYSTEMS INC	COM	17275R102	47,412	974,550	SH		SOLE		947,285	0	27,265
CITIGROUP INC	COM	172967424	255	3,557	SH		SOLE		3,557	0	0
CLOROX COMPANY	COM	189054109	336	2,235	SH		SOLE		2,220	0	15
COCA COLA CO	COM	191216100	22,204	480,702	SH		SOLE		468,227	0	12,475
COLGATE PALMOLIVE CO	COM	194162103	17,830	266,313	SH		SOLE		259,163	0	7,150
COMCAST CORP CLASS A	COM	20030N101	594	16,769	SH		SOLE		16,769	0	0
COMMERCE BANCSHARES INC	COM	200525103	1,295	19,620	SH		SOLE		19,620	0	0
CONOCOPHILLIPS	COM	20825C104	32,381	418,359	SH		SOLE		407,784	0	10,575
CONSOLIDATED EDISON INC	COM	209115104	4,948	64,939	SH		SOLE		64,739	0	200
CONSUMER DISC SELECT SECTOR SPDR	COM	81369Y407	1,263	10,772	SH		SOLE		10,772	0	0
COSTCO WHOLESALE CORP	COM	22160K105	435	1,851	SH		SOLE		1,821	0	30
CSX CORP	COM	126408103	1,014	13,700	SH		SOLE		13,700	0	0
CVS HEALTH CORP	COM	126650100	19,445	247,010	SH		SOLE		238,410	0	8,600
DARDEN RESTAURANTS INC	COM	237194105	717	6,450	SH		SOLE		6,450	0	0
DEERE & CO	COM	244199105	33,273	221,331	SH		SOLE		215,806	0	5,525
DISCOVER FINANCIAL SERVICES	COM	254709108	24,912	325,860	SH		SOLE		316,135	0	9,725
DOMINION ENERGY INC	COM	25746U109	21,177	301,328	SH		SOLE		291,978	0	9,350
DOWDUPONT INC	COM	26078j100	816	12,681	SH		SOLE		12,681	0	0
DTE ENERGY COMPANY	COM	233331107	20,878	191,314	SH		SOLE		185,189	0	6,125
DUKE ENERGY HOLDING CORP	COM	26441c204	21,574	269,605	SH		SOLE		259,763	0	9,842
EDISON INTERNATIONAL	COM	281020107	372	5,490	SH		SOLE		5,490	0	0
ELI LILLY & CO	COM	532457108	361	3,360	SH		SOLE		3,360	0	0
EMERSON ELECTRIC CO	COM	291011104	348	4,549	SH		SOLE		4,549	0	0
ENBRIDGE INC	COM	29250n105	17,774	550,442	SH		SOLE		532,110	0	18,332
ENERGY SELECT SECTOR SPDR	COM	81369y506	740	9,774	SH		SOLE		6,500	0	3,274
ENTERPRISE PRODUCTS	COM	293792107	1,969	68,540	SH		SOLE		68,540	0	0
EVERGY INC	COM	30034w106	19,928	362,855	SH		SOLE		349,825	0	13,030
EVERSOURCE ENERGY	COM	30040w108	23,576	383,720	SH		SOLE		372,845	0	10,875
EXELON CORPORATION	COM	30161N101	292	6,697	SH		SOLE		6,597	0	100
EXXON MOBIL CORPORATION	COM	30231g102	26,360	310,045	SH		SOLE		302,425	0	7,620
FACEBOOK INC A	COM	30303m102	421	2,557	SH		SOLE		2,307	0	250
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	1,114	40,390	SH		SOLE		28,269	0	12,121
FIRSTENERGY CORP	COM	337932107	23,414	629,925	SH		SOLE		609,075	0	20,850
GENERAL DYNAMICS CORP	COM	369550108	29,908	146,093	SH		SOLE		142,303	0	3,790
GENERAL ELECTRIC CO	COM	369604103	894	79,191	SH		SOLE		78,379	0	812
GENERAL MILLS INC	COM	370334104	18,548	432,161	SH		SOLE		420,761	0	11,400
GENUINE PARTS CO	COM	372460105	22,540	226,757	SH		SOLE		220,107	0	6,650
HOME DEPOT INC	COM	437076102	1,279	6,173	SH		SOLE		5,849	0	324
HONEYWELL INTERNATL INC	COM	438516106	40,835	245,402	SH		SOLE		239,947	0	5,455
IBERIABANK CORP	COM	450828108	357	4,394	SH		SOLE		4,394	0	0
ILLINOIS TOOL WORKS	COM	452308109	394	2,790	SH		SOLE		2,720	0	70
INDUSTRIAL SELECT SECTOR SPDR	COM	81369y704	764	9,745	SH		SOLE		9,745	0	0
INGERSOLL RAND PLC	COM	g47791101	212	2,070	SH		SOLE		2,070	0	0
INTEL CORPORATION	COM	458140100	41,745	882,745	SH		SOLE		858,835	0	23,910
INTL BUSINESS MACHINES CORP	COM	459200101	27,273	180,366	SH		SOLE		175,666	0	4,700
ISHARES CORE MSCI EMERGING MKTS ETF	COM	46434g103	688	13,296	SH		SOLE		13,296	0	0
ISHARES MSCI ALL COUNTRY ASIA	COM	464288182	264	3,739	SH		SOLE		0	0	3,739
ISHARES MSCI EAFE ETF	COM	464287465	5,341	78,558	SH		SOLE		77,751	0	807
ISHARES RUSSELL 3000 ETF	COM	464287689	9,458	54,895	SH		SOLE		54,895	0	0
ISHARES RUSSELL MIDCAP ETF	COM	464287499	331	1,500	SH		SOLE		1,500	0	0
ISHARES RUSSELL MIDCAP VALUE ETF	COM	464287473	393	4,352	SH		SOLE		968	0	3,384
ISHARES S&P500 VALUE INDEX ETF	COM	464287408	297	2,561	SH		SOLE		2,443	0	118
JOHNSON & JOHNSON	COM	478160104	40,109	290,286	SH		SOLE		282,601	0	7,685
JP MORGAN CHASE & CO	COM	46625H100	43,993	389,874	SH		SOLE		379,266	0	10,608
KIMBERLY CLARK CORP	COM	494368103	22,379	196,928	SH		SOLE		191,158	0	5,770
KINDER MORGAN INC	COM	49456b101	315	17,757	SH		SOLE		16,957	0	800
KROGER CO	COM	501044101	17,241	592,260	SH		SOLE		576,685	0	15,575
LOCKHEED MARTIN CORP	COM	539830109	401	1,158	SH		SOLE		1,113	0	45
LOWES COS INC	COM	548661107	660	5,751	SH		SOLE		5,751	0	0
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	1,537	22,700	SH		SOLE		22,700	0	0
MARATHON PETROLEUM CORP	COM	56585a102	18,818	235,317	SH		SOLE		226,767	0	8,550
MARSH & MCLENNAN COS	COM	571748102	24,107	291,431	SH		SOLE		283,977	0	7,454
MATTEL INC	COM	577081102	248	15,774	SH		SOLE		15,274	0	500
MCCORMICK & CO INC	COM	579780206	28,611	217,161	SH		SOLE		211,736	0	5,425
MCDONALDS CORPORATION	COM	580135101	1,170	6,992	SH		SOLE		6,833	0	159
MEDTRONIC PLC	COM	g5960l103	686	6,978	SH		SOLE		6,709	0	269
MERCK AND CO INC NEW	COM	58933y105	2,578	36,339	SH		SOLE		36,339	0	0
METLIFE INC	COM	59156R108	18,396	393,750	SH		SOLE		382,132	0	11,618
MICROSOFT CORP	COM	594918104	66,677	582,992	SH		SOLE		567,325	0	15,667
NATIONAL FUEL GAS CO	COM	636180101	459	8,183	SH		SOLE		7,583	0	600
NATIONAL GRID PLC	COM	636274409	14,094	271,764	SH		SOLE		259,492	0	12,272
NESTLE SA SPONSORED ADR	COM	641069406	230	2,767	SH		SOLE		2,767	0	0
NEW JERSEY RESOURCES CORP	COM	646025106	406	8,800	SH		SOLE		8,800	0	0
NEXTERA ENERGY INC	COM	65339f101	28,344	169,117	SH		SOLE		162,642	0	6,475
NORFOLK SOUTHERN CORP	COM	655844108	16,444	91,100	SH		SOLE		86,863	0	4,237
OCCIDENTAL PETROLEUM CORP	COM	674599105	241	2,927	SH		SOLE		2,927	0	0
OGE ENERGY CORP	COM	670837103	361	9,934	SH		SOLE		9,934	0	0
ORACLE CORP	COM	68389X105	32,280	626,059	SH		SOLE		612,216	0	13,843
PEPSICO INC	COM	713448108	27,891	249,474	SH		SOLE		244,134	0	5,340
PFIZER INC	COM	717081103	34,050	772,643	SH		SOLE		752,324	0	20,319
PHILIP MORRIS INTL	COM	718172109	18,832	230,949	SH		SOLE		226,024	0	4,925
PHILLIPS 66	COM	718546104	732	6,496	SH		SOLE		6,496	0	0
PNC FINANCIAL SERVICES GROUP	COM	693475105	25,744	189,027	SH		SOLE		184,337	0	4,690
PORTLAND GENERAL ELECTRIC CO	COM	736508847	20,941	459,123	SH		SOLE		444,598	0	14,525
PPG INDUSTRIES INC	COM	693506107	21,955	201,182	SH		SOLE		196,082	0	5,100
PROCTER & GAMBLE CO	COM	742718109	23,706	284,820	SH		SOLE		277,366	0	7,454
QUALCOMM INC	COM	747525103	24,400	338,748	SH		SOLE		327,183	0	11,565
RAYTHEON COMPANY	COM	755111507	330	1,598	SH		SOLE		1,598	0	0
RLI CORP	COM	749607107	146,024	1,858,287	SH		SOLE		1,858,287	0	0
ROYAL CARIBBEAN CRUISE	COM	v7780t103	22,757	175,135	SH		SOLE		170,230	0	4,905
ROYAL DUTCH SHELL PLC A	COM	780259206	516	7,570	SH		SOLE		7,570	0	0
ROYAL DUTCH SHELL PLC B ADR	COM	780259107	24,851	350,359	SH		SOLE		338,684	0	11,675
RPM INTERNATIONAL INC	COM	749685103	28,350	436,553	SH		SOLE		425,678	0	10,875
S&P GLOBAL INC	COM	78409v104	29,965	153,359	SH		SOLE		150,189	0	3,170
SCHLUMBERGER LTD	COM	806857108	21,345	350,377	SH		SOLE		341,427	0	8,950
SCHWAB US AGGREGATE BOND ETF	COM	808524839	1,591	31,669	SH		SOLE		12,646	0	19,023
SCHWAB US DVD EQUITY ETF	COM	808524797	2,481	46,807	SH		SOLE		34,504	0	12,303
SCHWAB US LARGE CAP VAL	COM	808524409	210	3,749	SH		SOLE		3,749	0	0
SCHWAB US LARGE GROWTH ETF	COM	808524300	307	3,739	SH		SOLE		3,739	0	0
SOUTH JERSEY INDUSTRIES	COM	838518108	20,096	569,789	SH		SOLE		550,239	0	19,550
SOUTHERN CO	COM	842587107	20,540	471,099	SH		SOLE		456,049	0	15,050
SPDR GOLD TRUST	COM	78463v107	228	2,020	SH		SOLE		2,005	0	15
SPDR S&P 500 ETF TRUST	COM	78462f103	2,003	6,889	SH		SOLE		2,133	0	4,756
STANLEY BLACK & DECKER INC.	COM	854502101	360	2,455	SH		SOLE		2,455	0	0
STARBUCKS CORP	COM	855244109	233	4,104	SH		SOLE		4,104	0	0
T ROWE PRICE ASSOCIATES	COM	74144t108	22,884	209,597	SH		SOLE		205,022	0	4,575
TARGET CORP	COM	87612E106	27,914	316,450	SH		SOLE		307,500	0	8,950
TEXAS INSTRUMENTS INC	COM	882508104	39,828	371,220	SH		SOLE		363,670	0	7,550
THE WALT DISNEY CO	COM	254687106	36,300	310,418	SH		SOLE		303,843	0	6,575
TRANSCANADA CORP	COM	89353d107	19,137	472,993	SH		SOLE		457,443	0	15,550
TRAVELERS COMPANIES INC	COM	89417e109	1,464	11,290	SH		SOLE		11,288	0	2
UNION PACIFIC CORP	COM	907818108	1,180	7,245	SH		SOLE		7,075	0	170
UNITED PARCEL SERVICE B	COM	911312106	26,230	224,666	SH		SOLE		219,181	0	5,485
UNITED TECHNOLOGIES CORP	COM	913017109	28,720	205,422	SH		SOLE		200,418	0	5,004
UNITEDHEALTH GROUP	COM	91324P102	47,139	177,188	SH		SOLE		173,370	0	3,818
US BANCORP	COM	902973304	25,163	476,482	SH		SOLE		464,147	0	12,335
UTILITIES SELECT SECTOR SPDR	COM	81369Y886	1,114	21,160	SH		SOLE		13,659	0	7,501
VALHI INC	COM	918905100	26	11,421	SH		SOLE		11,421	0	0
VANGUARD DIVIDEND APPRECIATION ETF	COM	921908844	2,153	19,447	SH		SOLE		13,803	0	5,644
VANGUARD EXTENDED MARKET ETF	COM	922908652	266	2,169	SH		SOLE		2,169	0	0
VANGUARD FTSE EMERGING MARKETS ETF	COM	922042858	1,281	31,249	SH		SOLE		31,249	0	0
VANGUARD S&P 500 ETF	COM	922908363	819	3,067	SH		SOLE		90	0	2,977
VANGUARD SHORT-TERM CORPORATE ETF	COM	92206c409	1,387	17,741	SH		SOLE		9,280	0	8,461
VECTREN CORPORATION	COM	92240g101	16,766	234,527	SH		SOLE		231,527	0	3,000
VERIZON COMMUNICATIONS	COM	92343v104	37,309	698,809	SH		SOLE		676,739	0	22,070
WALGREENS BOOTS ALLIANCE INC	COM	931427108	529	7,255	SH		SOLE		7,100	0	155
WALMART INC	COM	931142103	462	4,922	SH		SOLE		4,922	0	0
WEC ENERGY GROUP INC	COM	92939u106	413	6,181	SH		SOLE		6,181	0	0
WELLS FARGO & COMPANY	COM	949746101	26,304	500,465	SH		SOLE		488,045	0	12,420
WESTERN DIGITAL CORP	COM	958102105	12,161	207,735	SH		SOLE		201,185	0	6,550
WILLIAMS COS INC	COM	969457100	13,566	498,930	SH		SOLE		482,755	0	16,175
WISDOMTREE MIDCAP DVD FD F	COM	97717w505	218	5,900	SH		SOLE		5,900	0	0
WORTHINGTON INDUSTRIES INC	COM	981811102	723	16,676	SH		SOLE		16,676	0	0
XCEL ENERGY	COM	98389B100	24,996	529,454	SH		SOLE		512,079	0	17,375