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
PHILLIPS EDISON & COMPANY CLASS B	COM	71844v300	494	46,846	SH		SOLE		46,846	0	0
APPLE INC	COM	037833100	5,009	36,570	SH		SOLE		35,810	0	760
ABBVIE INC	COM	00287y109	38,393	340,849	SH		SOLE		320,919	0	19,930
ABBOTT LABORATORIES	COM	002824100	49,026	422,891	SH		SOLE		403,664	0	19,227
ACCENTURE PLC-CL A	COM	g1151c101	35,856	121,633	SH		SOLE		114,393	0	7,240
ADOBE INC	COM	00724F101	266	455	SH		SOLE		455	0	0
AUTOMATIC DATA PROCESSING	COM	053015103	30,246	152,282	SH		SOLE		142,967	0	9,315
AMEREN CORPORATION	COM	023608102	610	7,621	SH		SOLE		6,943	0	678
AMERICAN ELECTRIC POWER	COM	025537101	32,303	381,872	SH		SOLE		360,950	0	20,921
AFLAC INC	COM	001055102	619	11,535	SH		SOLE		10,435	0	1,100
ALAMO GROUP INC	COM	011311107	229	1,500	SH		SOLE		1,500	0	0
ALLSTATE CORP	COM	020002101	32,957	252,658	SH		SOLE		240,944	0	11,714
APPLIED MATERIALS INC	COM	038222105	280	1,968	SH		SOLE		1,968	0	0
AMGEN INC	COM	031162100	41,735	171,219	SH		SOLE		163,467	0	7,752
AMAZON.COM INC	COM	023135106	843	245	SH		SOLE		241	0	4
ANTS SOFTWARE INC	COM	037271103	0	46,666	SH		SOLE		46,666	0	0
APOLLO GLOBAL MANAGEMENT LLC	COM	03768e105	29,164	468,879	SH		SOLE		443,714	0	25,165
BROADCOM INC	COM	11135f101	29,779	62,450	SH		SOLE		59,030	0	3,420
AMERICAN EXPRESS CO	COM	025816109	41,940	253,830	SH		SOLE		240,665	0	13,165
BOEING CO	COM	097023105	2,509	10,473	SH		SOLE		10,473	0	0
BANK OF AMERICA CORP	COM	060505104	780	18,910	SH		SOLE		18,910	0	0
BOOZ ALLEN HAMILTON HOLDING CORP	COM	099502106	32,868	385,865	SH		SOLE		365,565	0	20,300
BAXTER INTERNATIONAL INC	COM	071813109	566	7,029	SH		SOLE		7,029	0	0
BECTON DICKINSON & CO	COM	075887109	268	1,104	SH		SOLE		1,104	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	2,713	52,948	SH		SOLE		46,568	0	6,380
BLACKROCK INC	COM	09247x101	45,185	51,642	SH		SOLE		49,466	0	2,176
BRISTOL MYERS SQUIBB CO	COM	110122108	35,838	536,338	SH		SOLE		505,992	0	30,345
VANGUARD TOTAL BOND MKT	COM	921937835	247	2,878	SH		SOLE		2,878	0	0
BP PLC-SPONS ADR	COM	055622104	23,157	876,491	SH		SOLE		826,165	0	50,326
BERKSHIRE HATHAWAY CL A	COM	084670108	419	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY CL B	COM	084670702	2,172	7,816	SH		SOLE		7,714	0	102
BROWN & BROWN INC	COM	115236101	5,314	100,000	SH		SOLE		100,000	0	0
INVESCO BULLETSHARES 2021 CORP BOND	COM	46138j700	6,959	329,796	SH		SOLE		231,571	0	98,225
INVESCO BULLETSHARES 2022 CORP BOND	COM	46138j882	7,198	333,397	SH		SOLE		149,923	0	183,474
INVESCO BULLETSHARES 2023 CORP BOND	COM	46138j866	5,701	262,341	SH		SOLE		104,418	0	157,923
INVESCO BULLETSHARES 2024 CORP BOND	COM	46138j841	4,169	187,869	SH		SOLE		72,777	0	115,092
INVESCO BULLETSHARES 2025 CORP BOND	COM	46138j825	942	42,207	SH		SOLE		13,358	0	28,849
VANGUARD SHORT-TERM BOND ETF	COM	921937827	489	5,957	SH		SOLE		5,957	0	0
BLACKSTONE GROUP INC	COM	09260d107	214	2,200	SH		SOLE		2,200	0	0
CATERPILLAR INC	COM	149123101	24,061	110,558	SH		SOLE		106,390	0	4,168
COMMERCE BANCSHARES INC	COM	200525103	1,690	22,661	SH		SOLE		17,473	0	5,188
CHARTER COMMUNICATIONS (NEW)	COM	16119p108	378	524	SH		SOLE		524	0	0
CIGNA CORP NEW	COM	125523100	255	1,076	SH		SOLE		1,076	0	0
COLGATE PALMOLIVE CO	COM	194162103	709	8,715	SH		SOLE		6,415	0	2,300
CLOROX COMPANY	COM	189054109	312	1,736	SH		SOLE		1,736	0	0
COMCAST CORP CLASS A	COM	20030N101	32,940	577,696	SH		SOLE		543,001	0	34,695
CONOCOPHILLIPS	COM	20825C104	32,060	526,436	SH		SOLE		497,086	0	29,350
COSTCO WHOLESALE CORP	COM	22160K105	796	2,012	SH		SOLE		2,012	0	0
CISCO SYSTEMS INC	COM	17275R102	49,735	938,401	SH		SOLE		896,514	0	41,887
CSX CORP	COM	126408103	1,318	41,100	SH		SOLE		41,100	0	0
CVS HEALTH CORP	COM	126650100	27,139	325,256	SH		SOLE		303,811	0	21,445
CHEVRON CORPORATION	COM	166764100	29,945	285,896	SH		SOLE		268,866	0	17,030
DOMINION ENERGY INC	COM	25746U109	26,916	365,855	SH		SOLE		344,915	0	20,940
DUPONT DE NEMOURS INC	COM	26614n102	489	6,320	SH		SOLE		6,320	0	0
DEERE & CO	COM	244199105	65,031	184,374	SH		SOLE		175,599	0	8,775
DISCOVER FINANCIAL SERVICES	COM	254709108	45,917	388,173	SH		SOLE		368,563	0	19,610
ISHARES CORE DIVIDEND GROWTH ETF	COM	46434v621	16,703	331,671	SH		SOLE		191,807	0	139,864
QUEST DIAGNOSTICS INC	COM	74834L100	32,433	245,764	SH		SOLE		231,718	0	14,045
THE WALT DISNEY CO	COM	254687106	47,444	269,920	SH		SOLE		258,215	0	11,705
DOW INC	COM	260557103	546	8,621	SH		SOLE		8,621	0	0
AMDOCS LTD	COM	g02602103	22,981	297,068	SH		SOLE		278,323	0	18,745
DARDEN RESTAURANTS INC	COM	237194105	971	6,652	SH		SOLE		6,652	0	0
DTE ENERGY COMPANY	COM	233331107	28,574	220,477	SH		SOLE		208,047	0	12,430
DUKE ENERGY HOLDING CORP	COM	26441c204	30,588	309,850	SH		SOLE		291,186	0	18,664
CONSOLIDATED EDISON INC	COM	209115104	2,011	28,034	SH		SOLE		28,034	0	0
ISHARES MSCI EAFE ETF	COM	464287465	6,169	78,203	SH		SOLE		78,151	0	52
EDISON INTERNATIONAL	COM	281020107	323	5,580	SH		SOLE		5,580	0	0
EASTMAN CHEMICAL COMPANY	COM	277432100	38,327	328,282	SH		SOLE		311,027	0	17,255
EMERSON ELECTRIC CO	COM	291011104	306	3,175	SH		SOLE		3,175	0	0
ENBRIDGE INC	COM	29250n105	30,128	752,455	SH		SOLE		709,052	0	43,403
EVERSOURCE ENERGY	COM	30040w108	31,373	390,991	SH		SOLE		368,576	0	22,415
ENTERGY CORP	COM	29364G103	27,020	271,009	SH		SOLE		253,607	0	17,402
EVERGY INC	COM	30034w106	29,822	493,496	SH		SOLE		460,380	0	33,116
EXELON CORPORATION	COM	30161N101	30,248	682,656	SH		SOLE		646,684	0	35,972
FACEBOOK INC A	COM	30303m102	700	2,013	SH		SOLE		2,013	0	0
FIRSTENERGY CORP	COM	337932107	31,951	858,662	SH		SOLE		808,862	0	49,800
FIRST HORIZON CORP	COM	320517105	348	20,142	SH		SOLE		20,142	0	0
GENERAL DYNAMICS CORP	COM	369550108	11,662	61,944	SH		SOLE		59,454	0	2,490
GENERAL ELECTRIC CO	COM	369604301	540	40,108	SH		SOLE		40,108	0	0
GENERAL MILLS INC	COM	370334104	29,228	479,698	SH		SOLE		453,304	0	26,394
SPDR GOLD TRUST	COM	78463v107	234	1,415	SH		SOLE		1,415	0	0
ALPHABET INC CL C	COM	02079k107	554	221	SH		SOLE		221	0	0
ALPHABET INC CL A	COM	02079k305	488	200	SH		SOLE		200	0	0
GENUINE PARTS CO	COM	372460105	32,938	260,445	SH		SOLE		245,390	0	15,055
HOME DEPOT INC	COM	437076102	34,731	108,913	SH		SOLE		102,303	0	6,610
HONEYWELL INTERNATL INC	COM	438516106	50,112	228,456	SH		SOLE		219,091	0	9,365
THE HERSHEY COMPANY	COM	427866108	242	1,389	SH		SOLE		1,389	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	2,761	18,836	SH		SOLE		18,686	0	150
ISHARES CORE MSCI EMERGING MKTS ETF	COM	46434g103	980	14,630	SH		SOLE		13,326	0	1,304
INTEL CORPORATION	COM	458140100	17,081	304,255	SH		SOLE		292,425	0	11,830
INTUITIVE SURGICAL INC	COM	46120E602	330	359	SH		SOLE		359	0	0
ILLINOIS TOOL WORKS	COM	452308109	573	2,565	SH		SOLE		2,565	0	0
ISHARES S&P500 VALUE INDEX ETF	COM	464287408	282	1,913	SH		SOLE		1,913	0	0
ISHARES RUSSELL 3000 ETF	COM	464287689	14,017	54,775	SH		SOLE		54,775	0	0
JOHNSON & JOHNSON	COM	478160104	47,245	286,785	SH		SOLE		270,951	0	15,834
JP MORGAN CHASE & CO	COM	46625H100	55,651	357,791	SH		SOLE		340,453	0	17,338
KIMBERLY CLARK CORP	COM	494368103	28,759	214,976	SH		SOLE		203,401	0	11,575
COCA COLA CO	COM	191216100	30,162	557,415	SH		SOLE		528,685	0	28,730
KROGER CO	COM	501044101	209	5,450	SH		SOLE		5,150	0	300
ELI LILLY & CO	COM	532457108	763	3,323	SH		SOLE		3,323	0	0
LOCKHEED MARTIN CORP	COM	539830109	27,247	72,014	SH		SOLE		67,329	0	4,685
ALLIANT ENERGY CORP	COM	018802108	33,682	604,054	SH		SOLE		572,524	0	31,530
LOWES COS INC	COM	548661107	1,174	6,054	SH		SOLE		6,054	0	0
MCDONALDS CORPORATION	COM	580135101	1,363	5,901	SH		SOLE		5,901	0	0
MONDELEZ INTL INC	COM	609207105	28,998	464,410	SH		SOLE		435,960	0	28,450
MEDTRONIC PLC	COM	g5960l103	29,601	238,470	SH		SOLE		223,356	0	15,114
METLIFE INC	COM	59156r108	466	7,785	SH		SOLE		7,785	0	0
MCCORMICK & CO INC	COM	579780206	4,759	53,878	SH		SOLE		53,848	0	30
MARSH & MCLENNAN COS	COM	571748102	37,423	266,017	SH		SOLE		251,913	0	14,104
3M COMPANY	COM	88579y101	31,911	160,656	SH		SOLE		151,396	0	9,260
ALTRIA GROUP INC	COM	02209S103	326	6,844	SH		SOLE		6,844	0	0
MERCK AND CO INC NEW	COM	58933y105	25,677	330,164	SH		SOLE		309,144	0	21,020
MICROSOFT CORP	COM	594918104	99,002	365,454	SH		SOLE		354,101	0	11,353
NEXTERA ENERGY INC	COM	65339f101	44,431	606,325	SH		SOLE		572,945	0	33,380
NATIONAL FUEL GAS CO	COM	636180101	360	6,883	SH		SOLE		6,883	0	0
NATIONAL GRID PLC	COM	636274409	207	3,233	SH		SOLE		1,846	0	1,387
NEW JERSEY RESOURCES CORP	COM	646025106	233	5,900	SH		SOLE		5,900	0	0
NORTHROP GRUMMAN CORP	COM	666807102	515	1,418	SH		SOLE		1,418	0	0
NORFOLK SOUTHERN CORP	COM	655844108	31,719	119,509	SH		SOLE		111,997	0	7,512
NESTLE SA SPONSORED ADR	COM	641069406	303	2,427	SH		SOLE		2,427	0	0
NVIDIA CORP	COM	67066G104	257	321	SH		SOLE		321	0	0
OGE ENERGY CORP	COM	670837103	363	10,800	SH		SOLE		10,800	0	0
ORGANON & CO	COM	68622v106	931	30,771	SH		SOLE		29,312	0	1,459
OMNICOM GROUP	COM	681919106	30,784	384,849	SH		SOLE		360,059	0	24,790
ORACLE CORP	COM	68389X105	47,539	610,726	SH		SOLE		585,222	0	25,504
PEPSICO INC	COM	713448108	38,071	256,939	SH		SOLE		244,452	0	12,488
PFIZER INC	COM	717081103	1,148	29,328	SH		SOLE		28,228	0	1,100
PROCTER & GAMBLE CO	COM	742718109	38,646	286,414	SH		SOLE		272,849	0	13,565
PROGRESSIVE CORP	COM	743315103	1,536	15,640	SH		SOLE		13,265	0	2,375
POLARIS INDUSTRIES INC	COM	731068102	24,651	179,984	SH		SOLE		168,764	0	11,220
PHILIP MORRIS INTL	COM	718172109	28,175	284,277	SH		SOLE		265,222	0	19,055
PNC FINANCIAL SERVICES GROUP	COM	693475105	42,418	222,361	SH		SOLE		210,971	0	11,390
PORTLAND GENERAL ELECTRIC CO	COM	736508847	2,136	46,347	SH		SOLE		44,147	0	2,200
PPG INDUSTRIES INC	COM	693506107	36,265	213,612	SH		SOLE		203,927	0	9,685
PRIMERICA INC	COM	74164m108	29,654	193,637	SH		SOLE		182,572	0	11,065
PHILLIPS 66	COM	718546104	529	6,168	SH		SOLE		6,168	0	0
QUALCOMM INC	COM	747525103	49,731	347,936	SH		SOLE		329,190	0	18,746
INVESCO QQQ TRUST SERIES 1	COM	46090e103	419	1,181	SH		SOLE		1,181	0	0
ROYAL DUTCH SHELL PLC A	COM	780259206	267	6,598	SH		SOLE		6,598	0	0
REGIONS FINANCIAL CORP	COM	7591EP100	27,235	1,349,589	SH		SOLE		1,268,864	0	80,725
RLI CORP	COM	749607107	36,913	352,932	SH		SOLE		352,932	0	0
RPM INTERNATIONAL INC	COM	749685103	4,372	49,305	SH		SOLE		46,255	0	3,050
INVESCO S&P 500 EQUAL WEIGHT ETF	COM	46137v357	13,455	89,263	SH		SOLE		89,263	0	0
RAYTHEON TECHNOLOGIES CORP	COM	75513e101	484	5,678	SH		SOLE		5,678	0	0
STARBUCKS CORP	COM	855244109	501	4,478	SH		SOLE		4,478	0	0
SCHWAB US BROAD MKT ETF	COM	808524102	895	8,582	SH		SOLE		8,582	0	0
SCHWAB US DVD EQUITY ETF	COM	808524797	18,814	248,797	SH		SOLE		148,972	0	99,825
CHARLES SCHWAB CORP	COM	808513105	34,968	480,268	SH		SOLE		452,019	0	28,249
SCHWAB US AGGREGATE BOND ETF	COM	808524839	913	16,721	SH		SOLE		7,116	0	9,605
SHERWIN WILLIAMS CO	COM	824348106	435	1,595	SH		SOLE		1,595	0	0
SOUTH JERSEY INDUSTRIES	COM	838518108	347	13,400	SH		SOLE		9,300	0	4,100
SOUTHERN CO	COM	842587107	30,197	499,035	SH		SOLE		469,270	0	29,765
S&P GLOBAL INC	COM	78409v104	48,576	118,349	SH		SOLE		113,384	0	4,965
SPDR S&P 500 ETF TRUST	COM	78462f103	3,059	7,146	SH		SOLE		2,280	0	4,866
SEMPRA	COM	816851109	211	1,593	SH		SOLE		1,593	0	0
STANLEY BLACK & DECKER INC.	COM	854502101	39,160	191,035	SH		SOLE		180,485	0	10,550
STRYKER CORP	COM	863667101	1,099	4,230	SH		SOLE		4,230	0	0
AT&T INC	COM	00206R102	38,555	1,339,629	SH		SOLE		1,273,257	0	66,372
TRUIST FINANCIAL CORP	COM	89832q109	34,842	627,782	SH		SOLE		591,588	0	36,195
TARGET CORP	COM	87612e106	67,552	279,440	SH		SOLE		265,669	0	13,771
T ROWE PRICE ASSOCIATES	COM	74144t108	42,011	212,211	SH		SOLE		200,666	0	11,545
TC ENERGY CORP	COM	87807b107	27,079	546,835	SH		SOLE		516,720	0	30,115
TRAVELERS COMPANIES INC	COM	89417e109	1,130	7,548	SH		SOLE		7,548	0	0
TRANE TECHNOLOGIES PLC	COM	g8994e103	264	1,431	SH		SOLE		1,431	0	0
TEXAS INSTRUMENTS INC	COM	882508104	55,583	289,042	SH		SOLE		277,248	0	11,795
UNITEDHEALTH GROUP	COM	91324P102	60,760	151,733	SH		SOLE		145,823	0	5,910
UNION PACIFIC CORP	COM	907818108	1,084	4,928	SH		SOLE		4,928	0	0
UNITED PARCEL SERVICE B	COM	911312106	6,217	29,893	SH		SOLE		29,058	0	835
US BANCORP	COM	902973304	33,602	589,820	SH		SOLE		555,279	0	34,541
VISA INC CLASS A SHARES	COM	92826c839	221	946	SH		SOLE		946	0	0
VANGUARD SHORT-TERM CORPORATE ETF	COM	92206c409	1,068	12,918	SH		SOLE		8,633	0	4,285
VANGUARD DIVIDEND APPRECIATION ETF	COM	921908844	1,056	6,821	SH		SOLE		5,576	0	1,245
VANGUARD S&P 500 ETF	COM	922908363	2,493	6,335	SH		SOLE		5,635	0	700
VANGUARD GROWTH ETF	COM	922908736	2,140	7,461	SH		SOLE		7,459	0	2
VANGUARD FTSE EMERGING MARKETS ETF	COM	922042858	1,558	28,683	SH		SOLE		28,683	0	0
VERIZON COMMUNICATIONS	COM	92343v104	41,564	741,817	SH		SOLE		702,659	0	39,158
WALGREENS BOOTS ALLIANCE INC	COM	931427108	236	4,477	SH		SOLE		4,477	0	0
WESTERN DIGITAL CORP	COM	958102105	244	3,422	SH		SOLE		3,272	0	150
WEC ENERGY GROUP INC	COM	92939u106	367	4,126	SH		SOLE		4,126	0	0
WELLS FARGO & COMPANY	COM	949746101	275	6,066	SH		SOLE		5,866	0	200
WHITING PETROLEUM CORP	COM	966387409	1,446	26,500	SH		SOLE		26,500	0	0
WASTE MANAGEMENT INC	COM	94106L109	251	1,792	SH		SOLE		1,792	0	0
WILLIAMS COS INC	COM	969457100	24,028	904,998	SH		SOLE		842,768	0	62,230
WALMART INC	COM	931142103	1,261	8,944	SH		SOLE		8,944	0	0
WORTHINGTON INDUSTRIES INC	COM	981811102	395	6,463	SH		SOLE		6,463	0	0
WILLIAMS SONOMA	COM	969904101	287	1,800	SH		SOLE		1,800	0	0
XCEL ENERGY	COM	98389B100	35,708	542,010	SH		SOLE		511,264	0	30,746
COMMUNICATION SERV SEL SEC SPDR ETF	COM	81369y852	1,848	22,825	SH		SOLE		12,809	0	10,016
ENERGY SELECT SECTOR SPDR	COM	81369y506	2,937	54,512	SH		SOLE		35,697	0	18,815
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	4,068	110,873	SH		SOLE		71,015	0	39,858
INDUSTRIAL SELECT SECTOR SPDR	COM	81369y704	811	7,922	SH		SOLE		7,922	0	0
TECHNOLOGY SELECT SECTOR SPDR	COM	81369Y803	1,222	8,277	SH		SOLE		8,277	0	0
UTILITIES SELECT SECTOR SPDR	COM	81369Y886	7,284	115,206	SH		SOLE		67,635	0	47,571
HEALTH CARE SELECT SECTOR SPDR	COM	81369Y209	4,324	34,332	SH		SOLE		22,435	0	11,897
CONSUMER DISC SELECT SECTOR SPDR	COM	81369Y407	767	4,296	SH		SOLE		4,296	0	0
EXXON MOBIL CORPORATION	COM	30231g102	3,416	54,152	SH		SOLE		54,152	0	0
YUM! BRANDS INC	COM	988498101	257	2,238	SH		SOLE		2,238	0	0