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	30,321	157,364	SH		SOLE		148,979	0	8,385
ABBOTT LABORATORIES	COM	002824100	50,132	418,322	SH		SOLE		399,820	0	18,502
ABBVIE INC	COM	00287y109	35,364	326,778	SH		SOLE		308,918	0	17,860
ACCENTURE PLC-CL A	COM	g1151c101	32,450	117,467	SH		SOLE		110,865	0	6,602
ADOBE INC	COM	00724F101	221	465	SH		SOLE		465	0	0
AFLAC INC	COM	001055102	650	12,701	SH		SOLE		11,601	0	1,100
ALAMO GROUP INC	COM	011311107	234	1,500	SH		SOLE		1,500	0	0
ALLIANT ENERGY CORP	COM	018802108	31,877	588,566	SH		SOLE		559,391	0	29,175
ALLSTATE CORP	COM	020002101	28,685	249,651	SH		SOLE		238,757	0	10,894
ALPHABET INC CL A	COM	02079k305	413	200	SH		SOLE		200	0	0
ALPHABET INC CL C	COM	02079k107	468	226	SH		SOLE		226	0	0
ALTRIA GROUP INC	COM	02209S103	369	7,212	SH		SOLE		7,212	0	0
AMAZON.COM INC	COM	023135106	941	304	SH		SOLE		300	0	4
AMDOCS LTD	COM	g02602103	19,342	275,721	SH		SOLE		259,991	0	15,730
AMEREN CORPORATION	COM	023608102	630	7,746	SH		SOLE		7,068	0	678
AMERICAN ELECTRIC POWER	COM	025537101	30,927	365,132	SH		SOLE		346,596	0	18,536
AMERICAN EXPRESS CO	COM	025816109	35,682	252,275	SH		SOLE		239,855	0	12,420
AMGEN INC	COM	031162100	42,108	169,238	SH		SOLE		161,806	0	7,432
ANTS SOFTWARE INC	COM	037271103	0	46,666	SH		SOLE		46,666	0	0
APPLE INC	COM	037833100	5,310	43,469	SH		SOLE		42,709	0	760
APPLIED MATERIALS INC	COM	038222105	303	2,268	SH		SOLE		2,268	0	0
AT&T INC	COM	00206R102	40,158	1,326,665	SH		SOLE		1,265,756	0	60,909
AUTOMATIC DATA PROCESSING	COM	053015103	27,981	148,464	SH		SOLE		139,639	0	8,825
BANK OF AMERICA CORP	COM	060505104	809	20,910	SH		SOLE		20,910	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	23,380	494,402	SH		SOLE		468,012	0	26,390
BAXTER INTERNATIONAL INC	COM	071813109	593	7,029	SH		SOLE		7,029	0	0
BECTON DICKINSON & CO	COM	075887109	268	1,104	SH		SOLE		1,104	0	0
BERKSHIRE HATHAWAY CL A	COM	084670108	386	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY CL B	COM	084670702	2,072	8,111	SH		SOLE		8,009	0	102
BLACKROCK INC	COM	09247x101	38,707	51,338	SH		SOLE		49,285	0	2,053
BOEING CO	COM	097023105	2,747	10,785	SH		SOLE		10,685	0	100
BOOZ ALLEN HAMILTON HOLDING CORP	COM	099502106	29,886	371,120	SH		SOLE		353,750	0	17,370
BP PLC-SPONS ADR	COM	055622104	20,651	848,081	SH		SOLE		801,040	0	47,041
BRISTOL MYERS SQUIBB CO	COM	110122108	32,824	519,948	SH		SOLE		492,402	0	27,545
BROWN & BROWN INC	COM	115236101	4,571	100,000	SH		SOLE		100,000	0	0
CATERPILLAR INC	COM	149123101	16,838	72,617	SH		SOLE		68,449	0	4,168
CHARLES SCHWAB CORP	COM	808513105	30,547	468,659	SH		SOLE		442,895	0	25,764
CHARTER COMMUNICATIONS (NEW)	COM	16119p108	336	544	SH		SOLE		544	0	0
CHEVRON CORPORATION	COM	166764100	29,324	279,838	SH		SOLE		263,614	0	16,225
CIGNA CORP NEW	COM	125523100	263	1,088	SH		SOLE		1,088	0	0
CISCO SYSTEMS INC	COM	17275R102	48,122	930,620	SH		SOLE		890,753	0	39,867
CITIGROUP INC	COM	172967424	215	2,962	SH		SOLE		2,962	0	0
CLOROX COMPANY	COM	189054109	335	1,736	SH		SOLE		1,736	0	0
COCA COLA CO	COM	191216100	28,736	545,175	SH		SOLE		518,370	0	26,805
COLGATE PALMOLIVE CO	COM	194162103	703	8,915	SH		SOLE		6,615	0	2,300
COMCAST CORP CLASS A	COM	20030N101	30,353	560,957	SH		SOLE		529,277	0	31,680
COMMERCE BANCSHARES INC	COM	200525103	1,736	22,661	SH		SOLE		17,473	0	5,188
COMMUNICATION SERV SEL SEC SPDR ETF	COM	81369y852	1,442	19,671	SH		SOLE		11,150	0	8,521
CONOCOPHILLIPS	COM	20825C104	27,307	515,525	SH		SOLE		488,790	0	26,735
CONSOLIDATED EDISON INC	COM	209115104	2,194	29,334	SH		SOLE		29,334	0	0
CONSUMER DISC SELECT SECTOR SPDR	COM	81369Y407	823	4,896	SH		SOLE		4,896	0	0
COSTCO WHOLESALE CORP	COM	22160K105	683	1,937	SH		SOLE		1,937	0	0
CSX CORP	COM	126408103	1,321	13,700	SH		SOLE		13,700	0	0
CVS HEALTH CORP	COM	126650100	23,739	315,551	SH		SOLE		296,246	0	19,305
DARDEN RESTAURANTS INC	COM	237194105	945	6,652	SH		SOLE		6,652	0	0
DEERE & CO	COM	244199105	71,676	191,576	SH		SOLE		183,186	0	8,390
DISCOVER FINANCIAL SERVICES	COM	254709108	37,082	390,378	SH		SOLE		370,958	0	19,420
DOMINION ENERGY INC	COM	25746U109	26,563	349,700	SH		SOLE		330,836	0	18,864
DOW INC	COM	260557103	298	4,656	SH		SOLE		4,656	0	0
DTE ENERGY COMPANY	COM	233331107	28,819	216,454	SH		SOLE		204,767	0	11,687
DUKE ENERGY HOLDING CORP	COM	26441c204	29,116	301,628	SH		SOLE		284,411	0	17,217
EASTMAN CHEMICAL COMPANY	COM	277432100	35,897	325,985	SH		SOLE		309,470	0	16,515
EDISON INTERNATIONAL	COM	281020107	327	5,580	SH		SOLE		5,580	0	0
ELI LILLY & CO	COM	532457108	611	3,273	SH		SOLE		3,273	0	0
EMERSON ELECTRIC CO	COM	291011104	285	3,155	SH		SOLE		3,155	0	0
ENBRIDGE INC	COM	29250n105	26,743	734,685	SH		SOLE		693,950	0	40,735
ENERGY SELECT SECTOR SPDR	COM	81369y506	2,340	47,694	SH		SOLE		31,827	0	15,867
ENTERGY CORP	COM	29364G103	25,804	259,419	SH		SOLE		243,337	0	16,082
EVERGY INC	COM	30034w106	28,166	473,141	SH		SOLE		442,775	0	30,366
EVERSOURCE ENERGY	COM	30040w108	32,890	379,832	SH		SOLE		359,097	0	20,735
EXELON CORPORATION	COM	30161N101	28,757	657,448	SH		SOLE		626,096	0	31,352
EXXON MOBIL CORPORATION	COM	30231g102	2,883	51,642	SH		SOLE		51,642	0	0
FACEBOOK INC A	COM	30303m102	602	2,043	SH		SOLE		2,043	0	0
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	3,563	104,644	SH		SOLE		68,575	0	36,069
FIRST HORIZON CORP	COM	320517105	341	20,142	SH		SOLE		20,142	0	0
FIRSTENERGY CORP	COM	337932107	28,659	826,144	SH		SOLE		779,394	0	46,750
GENERAL DYNAMICS CORP	COM	369550108	13,062	71,943	SH		SOLE		68,848	0	3,095
GENERAL ELECTRIC CO	COM	369604103	466	35,466	SH		SOLE		35,466	0	0
GENERAL MILLS INC	COM	370334104	28,869	470,798	SH		SOLE		446,229	0	24,569
GENUINE PARTS CO	COM	372460105	29,718	257,102	SH		SOLE		243,497	0	13,605
HEALTH CARE SELECT SECTOR SPDR	COM	81369Y209	4,153	35,577	SH		SOLE		24,349	0	11,228
HOME DEPOT INC	COM	437076102	32,512	106,510	SH		SOLE		100,325	0	6,185
HONEYWELL INTERNATL INC	COM	438516106	49,524	228,147	SH		SOLE		219,220	0	8,927
ILLINOIS TOOL WORKS	COM	452308109	561	2,533	SH		SOLE		2,533	0	0
INDUSTRIAL SELECT SECTOR SPDR	COM	81369y704	780	7,922	SH		SOLE		7,922	0	0
INTEL CORPORATION	COM	458140100	52,507	820,423	SH		SOLE		783,767	0	36,656
INTL BUSINESS MACHINES CORP	COM	459200101	2,688	20,172	SH		SOLE		19,722	0	450
INTUITIVE SURGICAL INC	COM	46120E602	265	359	SH		SOLE		359	0	0
INVESCO BULLETSHARES 2021 CORP BOND	COM	46138j700	6,107	289,006	SH		SOLE		187,986	0	101,020
INVESCO BULLETSHARES 2022 CORP BOND	COM	46138j882	5,481	253,282	SH		SOLE		128,218	0	125,064
INVESCO BULLETSHARES 2023 CORP BOND	COM	46138j866	4,808	220,849	SH		SOLE		95,591	0	125,258
INVESCO BULLETSHARES 2024 CORP BOND	COM	46138j841	2,932	132,232	SH		SOLE		60,220	0	72,012
INVESCO BULLETSHARES 2025 CORP BOND	COM	46138j825	896	40,465	SH		SOLE		13,061	0	27,404
INVESCO QQQ TRUST SERIES 1	COM	46090e103	377	1,181	SH		SOLE		1,181	0	0
INVESCO S&P 500 EQUAL WEIGHT ETF	COM	46137v357	237	1,673	SH		SOLE		1,673	0	0
ISHARES CORE DIVIDEND GROWTH ETF	COM	46434v621	14,792	306,436	SH		SOLE		183,895	0	122,541
ISHARES CORE MSCI EMERGING MKTS ETF	COM	46434g103	858	13,326	SH		SOLE		13,326	0	0
ISHARES CORE S&P 500 ETF	COM	464287200	239	600	SH		SOLE		600	0	0
ISHARES MSCI EAFE ETF	COM	464287465	5,929	78,151	SH		SOLE		78,151	0	0
ISHARES RUSSELL 3000 ETF	COM	464287689	12,994	54,775	SH		SOLE		54,775	0	0
ISHARES S&P500 VALUE INDEX ETF	COM	464287408	271	1,918	SH		SOLE		1,918	0	0
JOHNSON & JOHNSON	COM	478160104	46,534	283,140	SH		SOLE		267,966	0	15,174
JP MORGAN CHASE & CO	COM	46625H100	54,285	356,598	SH		SOLE		340,185	0	16,413
KIMBERLY CLARK CORP	COM	494368103	28,964	208,301	SH		SOLE		197,956	0	10,345
KROGER CO	COM	501044101	210	5,840	SH		SOLE		5,540	0	300
LOCKHEED MARTIN CORP	COM	539830109	24,939	67,493	SH		SOLE		63,268	0	4,225
LOWES COS INC	COM	548661107	1,151	6,054	SH		SOLE		6,054	0	0
MARSH & MCLENNAN COS	COM	571748102	32,318	265,334	SH		SOLE		251,520	0	13,814
MASCO CORP	COM	574599106	222	3,700	SH		SOLE		3,700	0	0
MCCORMICK & CO INC	COM	579780206	4,841	54,298	SH		SOLE		54,268	0	30
MCDONALDS CORPORATION	COM	580135101	1,323	5,901	SH		SOLE		5,901	0	0
MEDTRONIC PLC	COM	g5960l103	27,330	231,357	SH		SOLE		217,233	0	14,124
MERCK AND CO INC NEW	COM	58933y105	24,153	313,316	SH		SOLE		294,201	0	19,115
METLIFE INC	COM	59156r108	513	8,435	SH		SOLE		8,435	0	0
MICROSOFT CORP	COM	594918104	88,219	374,173	SH		SOLE		362,555	0	11,618
MONDELEZ INTL INC	COM	609207105	26,434	451,626	SH		SOLE		425,581	0	26,045
NATIONAL FUEL GAS CO	COM	636180101	344	6,883	SH		SOLE		6,883	0	0
NATIONAL GRID PLC	COM	636274409	252	4,252	SH		SOLE		2,790	0	1,462
NESTLE SA SPONSORED ADR	COM	641069406	290	2,597	SH		SOLE		2,597	0	0
NEW JERSEY RESOURCES CORP	COM	646025106	235	5,900	SH		SOLE		5,900	0	0
NEXTERA ENERGY INC	COM	65339f101	45,409	600,574	SH		SOLE		568,609	0	31,965
NORFOLK SOUTHERN CORP	COM	655844108	31,634	117,810	SH		SOLE		110,853	0	6,957
NORTHROP GRUMMAN CORP	COM	666807102	433	1,338	SH		SOLE		1,338	0	0
OGE ENERGY CORP	COM	670837103	321	9,934	SH		SOLE		9,934	0	0
OMNICOM GROUP	COM	681919106	27,803	374,951	SH		SOLE		353,036	0	21,915
ORACLE CORP	COM	68389X105	42,630	607,520	SH		SOLE		583,411	0	24,109
PEPSICO INC	COM	713448108	35,509	251,038	SH		SOLE		239,485	0	11,553
PFIZER INC	COM	717081103	1,322	36,486	SH		SOLE		35,386	0	1,100
PHILIP MORRIS INTL	COM	718172109	24,729	278,663	SH		SOLE		261,988	0	16,675
PHILLIPS 66	COM	718546104	496	6,085	SH		SOLE		6,085	0	0
PHILLIPS EDISON & COMPANY	COM	71844v102	410	46,846	SH		SOLE		46,846	0	0
PNC FINANCIAL SERVICES GROUP	COM	693475105	38,651	220,348	SH		SOLE		209,528	0	10,820
PORTLAND GENERAL ELECTRIC CO	COM	736508847	2,319	48,847	SH		SOLE		46,647	0	2,200
PPG INDUSTRIES INC	COM	693506107	31,835	211,868	SH		SOLE		202,850	0	9,018
PRIMERICA INC	COM	74164m108	28,008	189,472	SH		SOLE		179,082	0	10,390
PROCTER & GAMBLE CO	COM	742718109	38,301	282,811	SH		SOLE		269,676	0	13,135
PROGRESSIVE CORP	COM	743315103	1,986	20,770	SH		SOLE		17,544	0	3,225
QUALCOMM INC	COM	747525103	45,847	345,776	SH		SOLE		327,570	0	18,206
QUEST DIAGNOSTICS INC	COM	74834L100	30,942	241,092	SH		SOLE		227,946	0	13,145
RAYTHEON TECHNOLOGIES CORP	COM	75513e101	421	5,446	SH		SOLE		5,446	0	0
REGIONS FINANCIAL CORP	COM	7591EP100	26,720	1,293,311	SH		SOLE		1,224,276	0	69,035
RLI CORP	COM	749607107	228,888	2,051,518	SH		SOLE		2,051,518	0	0
ROYAL DUTCH SHELL PLC A	COM	780259206	263	6,698	SH		SOLE		6,698	0	0
RPM INTERNATIONAL INC	COM	749685103	4,676	50,914	SH		SOLE		47,864	0	3,050
S&P GLOBAL INC	COM	78409v104	42,330	119,960	SH		SOLE		115,205	0	4,755
SCHWAB US AGGREGATE BOND ETF	COM	808524839	937	17,361	SH		SOLE		7,026	0	10,335
SCHWAB US BROAD MKT ETF	COM	808524102	644	6,660	SH		SOLE		6,660	0	0
SCHWAB US DVD EQUITY ETF	COM	808524797	17,070	234,097	SH		SOLE		145,268	0	88,829
SCHWAB US LARGE GROWTH ETF	COM	808524300	213	1,643	SH		SOLE		1,643	0	0
SEMPRA ENERGY	COM	816851109	218	1,643	SH		SOLE		1,643	0	0
SHERWIN WILLIAMS CO	COM	824348106	417	565	SH		SOLE		565	0	0
SOUTH JERSEY INDUSTRIES	COM	838518108	289	12,807	SH		SOLE		7,182	0	5,625
SOUTHERN CO	COM	842587107	30,198	485,810	SH		SOLE		458,445	0	27,365
SPDR GOLD TRUST	COM	78463v107	217	1,355	SH		SOLE		1,355	0	0
SPDR S&P 500 ETF TRUST	COM	78462f103	1,901	4,796	SH		SOLE		2,280	0	2,516
STANLEY BLACK & DECKER INC.	COM	854502101	38,671	193,674	SH		SOLE		183,729	0	9,945
STARBUCKS CORP	COM	855244109	490	4,488	SH		SOLE		4,488	0	0
STRYKER CORP	COM	863667101	1,039	4,265	SH		SOLE		4,265	0	0
T ROWE PRICE ASSOCIATES	COM	74144t108	36,349	211,822	SH		SOLE		200,897	0	10,925
TARGET CORP	COM	87612E106	55,800	281,719	SH		SOLE		268,023	0	13,696
TC ENERGY CORP	COM	87807b107	24,185	528,629	SH		SOLE		500,574	0	28,055
TECHNOLOGY SELECT SECTOR SPDR	COM	81369Y803	1,204	9,062	SH		SOLE		9,062	0	0
TEXAS INSTRUMENTS INC	COM	882508104	54,952	290,768	SH		SOLE		278,848	0	11,920
THE HERSHEY COMPANY	COM	427866108	220	1,389	SH		SOLE		1,389	0	0
THE WALT DISNEY CO	COM	254687106	49,631	268,974	SH		SOLE		257,653	0	11,321
TRANE TECHNOLOGIES PLC	COM	g8994e103	238	1,440	SH		SOLE		1,440	0	0
TRAVELERS COMPANIES INC	COM	89417e109	1,179	7,837	SH		SOLE		7,837	0	0
TRUIST FINANCIAL CORP	COM	89832q109	35,870	615,046	SH		SOLE		581,182	0	33,865
UNION PACIFIC CORP	COM	907818108	1,086	4,928	SH		SOLE		4,928	0	0
UNITED PARCEL SERVICE B	COM	911312106	5,806	34,154	SH		SOLE		32,559	0	1,595
UNITEDHEALTH GROUP	COM	91324P102	56,450	151,718	SH		SOLE		146,038	0	5,680
US BANCORP	COM	902973304	31,957	577,788	SH		SOLE		546,762	0	31,026
UTILITIES SELECT SECTOR SPDR	COM	81369Y886	6,865	107,191	SH		SOLE		65,185	0	42,006
VANGUARD DIVIDEND APPRECIATION ETF	COM	921908844	978	6,647	SH		SOLE		5,402	0	1,245
VANGUARD FTSE EMERGING MARKETS ETF	COM	922042858	1,473	28,303	SH		SOLE		28,303	0	0
VANGUARD GROWTH ETF	COM	922908736	1,854	7,213	SH		SOLE		7,213	0	0
VANGUARD S&P 500 ETF	COM	922908363	2,117	5,810	SH		SOLE		5,110	0	700
VANGUARD SHORT-TERM CORPORATE ETF	COM	92206c409	1,038	12,578	SH		SOLE		7,898	0	4,680
VANGUARD SHORT-TERM BOND ETF	COM	921937827	490	5,957	SH		SOLE		5,957	0	0
VANGUARD TOTAL BOND MKT	COM	921937835	244	2,878	SH		SOLE		2,878	0	0
VERIZON COMMUNICATIONS	COM	92343v104	42,123	724,378	SH		SOLE		689,170	0	35,208
VISA INC CLASS A SHARES	COM	92826c839	200	946	SH		SOLE		946	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	327	5,957	SH		SOLE		5,757	0	200
WALMART INC	COM	931142103	1,195	8,800	SH		SOLE		8,800	0	0
WASTE MANAGEMENT INC	COM	94106L109	231	1,792	SH		SOLE		1,792	0	0
WEC ENERGY GROUP INC	COM	92939u106	384	4,106	SH		SOLE		4,106	0	0
WELLS FARGO & COMPANY	COM	949746101	340	8,696	SH		SOLE		8,496	0	200
WESTERN DIGITAL CORP	COM	958102105	312	4,672	SH		SOLE		4,522	0	150
WHITING PETROLEUM CORP	COM	966387409	319	9,000	SH		SOLE		9,000	0	0
WILLIAMS COS INC	COM	969457100	20,955	884,549	SH		SOLE		825,214	0	59,335
WILLIAMS SONOMA	COM	969904101	323	1,800	SH		SOLE		1,800	0	0
WORTHINGTON INDUSTRIES INC	COM	981811102	434	6,463	SH		SOLE		6,463	0	0
XCEL ENERGY	COM	98389B100	35,153	528,535	SH		SOLE		500,439	0	28,096
YUM! BRANDS INC	COM	988498101	231	2,138	SH		SOLE		2,138	0	0