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
APPLE INC	COM	037833100	5,127	36,235	SH		SOLE		35,475	0	760
ABBVIE INC	COM	00287y109	37,028	343,261	SH		SOLE		320,911	0	22,350
ABBOTT LABORATORIES	COM	002824100	49,013	414,905	SH		SOLE		395,108	0	19,797
ACCENTURE PLC-CL A	COM	g1151c101	39,016	121,956	SH		SOLE		114,036	0	7,920
ADOBE INC	COM	00724F101	262	455	SH		SOLE		455	0	0
AUTOMATIC DATA PROCESSING	COM	053015103	30,694	153,532	SH		SOLE		143,077	0	10,455
AMEREN CORPORATION	COM	023608102	678	8,372	SH		SOLE		6,944	0	1,428
AMERICAN ELECTRIC POWER	COM	025537101	31,373	386,466	SH		SOLE		362,680	0	23,786
AFLAC INC	COM	001055102	575	11,035	SH		SOLE		10,435	0	600
ALAMO GROUP INC	COM	011311107	209	1,500	SH		SOLE		1,500	0	0
ALLSTATE CORP	COM	020002101	32,268	253,457	SH		SOLE		240,558	0	12,899
APPLIED MATERIALS INC	COM	038222105	257	1,998	SH		SOLE		1,998	0	0
AMGEN INC	COM	031162100	36,357	170,969	SH		SOLE		162,462	0	8,507
AMAZON.COM INC	COM	023135106	769	234	SH		SOLE		230	0	4
ANTS SOFTWARE INC	COM	037271103	0	46,666	SH		SOLE		46,666	0	0
APOLLO GLOBAL MANAGEMENT LLC	COM	03768e105	29,907	485,589	SH		SOLE		455,569	0	30,020
BROADCOM INC	COM	11135f101	31,683	65,336	SH		SOLE		61,291	0	4,045
AMERICAN EXPRESS CO	COM	025816109	41,907	250,145	SH		SOLE		235,680	0	14,465
BOEING CO	COM	097023105	2,182	9,923	SH		SOLE		9,923	0	0
BANK OF AMERICA CORP	COM	060505104	803	18,909	SH		SOLE		18,909	0	0
BOOZ ALLEN HAMILTON HOLDING CORP	COM	099502106	30,627	385,970	SH		SOLE		363,300	0	22,670
BAXTER INTERNATIONAL INC	COM	071813109	565	7,029	SH		SOLE		7,029	0	0
BECTON DICKINSON & CO	COM	075887109	271	1,104	SH		SOLE		1,104	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	2,345	45,238	SH		SOLE		40,178	0	5,060
BLACKROCK INC	COM	09247x101	42,461	50,629	SH		SOLE		48,302	0	2,327
BRISTOL MYERS SQUIBB CO	COM	110122108	31,639	534,714	SH		SOLE		501,704	0	33,010
VANGUARD TOTAL BOND MKT	COM	921937835	246	2,878	SH		SOLE		2,878	0	0
BP PLC-SPONS ADR	COM	055622104	24,424	893,662	SH		SOLE		835,391	0	58,271
BERKSHIRE HATHAWAY CL A	COM	084670108	411	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY CL B	COM	084670702	2,000	7,328	SH		SOLE		7,266	0	62
BROWN & BROWN INC	COM	115236101	5,545	100,000	SH		SOLE		100,000	0	0
INVESCO BULLETSHARES 2021 CORP BOND	COM	46138j700	7,524	356,742	SH		SOLE		260,087	0	96,655
INVESCO BULLETSHARES 2022 CORP BOND	COM	46138j882	8,781	407,839	SH		SOLE		168,996	0	238,843
INVESCO BULLETSHARES 2023 CORP BOND	COM	46138j866	6,549	302,201	SH		SOLE		107,864	0	194,337
INVESCO BULLETSHARES 2024 CORP BOND	COM	46138j841	5,172	233,931	SH		SOLE		82,815	0	151,116
INVESCO BULLETSHARES 2025 CORP BOND	COM	46138j825	1,057	47,643	SH		SOLE		17,144	0	30,499
VANGUARD SHORT-TERM BOND ETF	COM	921937827	488	5,957	SH		SOLE		5,957	0	0
BLACKSTONE INC	COM	09260d107	256	2,200	SH		SOLE		2,200	0	0
CATERPILLAR INC	COM	149123101	21,209	110,479	SH		SOLE		106,311	0	4,168
COMMERCE BANCSHARES INC	COM	200525103	1,574	22,588	SH		SOLE		17,400	0	5,188
CHARTER COMMUNICATIONS (NEW)	COM	16119p108	381	524	SH		SOLE		524	0	0
CIGNA CORP NEW	COM	125523100	24,050	120,156	SH		SOLE		115,041	0	5,115
COLGATE PALMOLIVE CO	COM	194162103	650	8,595	SH		SOLE		6,295	0	2,300
CLOROX COMPANY	COM	189054109	285	1,720	SH		SOLE		1,720	0	0
COMCAST CORP CLASS A	COM	20030N101	32,598	582,841	SH		SOLE		544,346	0	38,495
CONOCOPHILLIPS	COM	20825C104	35,865	529,222	SH		SOLE		496,812	0	32,410
COSTCO WHOLESALE CORP	COM	22160K105	904	2,012	SH		SOLE		2,012	0	0
CISCO SYSTEMS INC	COM	17275R102	50,383	925,657	SH		SOLE		878,970	0	46,687
CSX CORP	COM	126408103	1,178	39,600	SH		SOLE		39,600	0	0
CVS HEALTH CORP	COM	126650100	28,179	332,061	SH		SOLE		307,866	0	24,195
CHEVRON CORPORATION	COM	166764100	29,757	293,316	SH		SOLE		274,622	0	18,695
DOMINION ENERGY INC	COM	25746U109	27,533	377,060	SH		SOLE		352,790	0	24,270
DEERE & CO	COM	244199105	60,812	181,489	SH		SOLE		172,334	0	9,155
DISCOVER FINANCIAL SERVICES	COM	254709108	46,949	382,164	SH		SOLE		361,594	0	20,570
ISHARES CORE DIVIDEND GROWTH ETF	COM	46434v621	18,152	361,309	SH		SOLE		198,665	0	162,644
QUEST DIAGNOSTICS INC	COM	74834L100	11,662	80,257	SH		SOLE		70,592	0	9,665
THE WALT DISNEY CO	COM	254687106	44,902	265,428	SH		SOLE		252,923	0	12,505
DOW INC	COM	260557103	211	3,667	SH		SOLE		3,667	0	0
AMDOCS LTD	COM	g02602103	22,911	302,613	SH		SOLE		281,048	0	21,565
DARDEN RESTAURANTS INC	COM	237194105	1,008	6,652	SH		SOLE		6,652	0	0
DTE ENERGY COMPANY	COM	233331107	25,062	224,349	SH		SOLE		210,334	0	14,015
DT MIDSTREAM INC	COM	23345m107	31,123	673,068	SH		SOLE		635,774	0	37,294
DUKE ENERGY HOLDING CORP	COM	26441c204	30,285	310,329	SH		SOLE		290,065	0	20,264
CONSOLIDATED EDISON INC	COM	209115104	1,803	24,834	SH		SOLE		24,834	0	0
EDISON INTERNATIONAL	COM	281020107	310	5,580	SH		SOLE		5,580	0	0
EASTMAN CHEMICAL COMPANY	COM	277432100	33,094	328,512	SH		SOLE		309,267	0	19,245
EMERSON ELECTRIC CO	COM	291011104	299	3,175	SH		SOLE		3,175	0	0
ENBRIDGE INC	COM	29250n105	30,071	755,558	SH		SOLE		706,830	0	48,728
EVERSOURCE ENERGY	COM	30040w108	32,308	395,152	SH		SOLE		370,137	0	25,015
ENTERGY CORP	COM	29364G103	27,447	276,374	SH		SOLE		256,722	0	19,652
EVERGY INC	COM	30034w106	31,342	503,883	SH		SOLE		466,871	0	37,012
EXELON CORPORATION	COM	30161N101	33,385	690,621	SH		SOLE		647,435	0	43,186
FACEBOOK INC A	COM	30303m102	683	2,013	SH		SOLE		2,013	0	0
FIRSTENERGY CORP	COM	337932107	31,192	875,698	SH		SOLE		819,184	0	56,515
FIRST HORIZON CORP	COM	320517105	328	20,142	SH		SOLE		20,142	0	0
GENERAL DYNAMICS CORP	COM	369550108	10,241	52,243	SH		SOLE		50,133	0	2,110
GENERAL ELECTRIC CO	COM	369604301	527	5,116	SH		SOLE		4,535	0	581
GENERAL MILLS INC	COM	370334104	28,588	477,900	SH		SOLE		449,516	0	28,384
SPDR GOLD TRUST	COM	78463v107	236	1,440	SH		SOLE		1,440	0	0
ALPHABET INC CL C	COM	02079k107	576	216	SH		SOLE		216	0	0
ALPHABET INC CL A	COM	02079k305	535	200	SH		SOLE		200	0	0
GENUINE PARTS CO	COM	372460105	31,524	260,035	SH		SOLE		243,330	0	16,705
HOME DEPOT INC	COM	437076102	35,638	108,565	SH		SOLE		101,355	0	7,210
HONEYWELL INTERNATL INC	COM	438516106	47,546	223,977	SH		SOLE		214,092	0	9,885
THE HERSHEY COMPANY	COM	427866108	235	1,389	SH		SOLE		1,389	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	2,544	18,311	SH		SOLE		18,311	0	0
INTEL CORPORATION	COM	458140100	13,838	259,717	SH		SOLE		250,052	0	9,665
INTUITIVE SURGICAL INC	COM	46120E602	357	359	SH		SOLE		359	0	0
ILLINOIS TOOL WORKS	COM	452308109	530	2,565	SH		SOLE		2,565	0	0
ISHARES S&P500 VALUE INDEX ETF	COM	464287408	277	1,908	SH		SOLE		1,908	0	0
JOHNSON & JOHNSON	COM	478160104	45,943	284,479	SH		SOLE		266,950	0	17,529
JP MORGAN CHASE & CO	COM	46625H100	57,924	353,867	SH		SOLE		335,124	0	18,743
KIMBERLY CLARK CORP	COM	494368103	29,655	223,911	SH		SOLE		210,691	0	13,220
COCA COLA CO	COM	191216100	29,135	555,270	SH		SOLE		523,155	0	32,115
KROGER CO	COM	501044101	208	5,150	SH		SOLE		5,150	0	0
ELI LILLY & CO	COM	532457108	872	3,773	SH		SOLE		2,923	0	850
LOCKHEED MARTIN CORP	COM	539830109	26,044	75,467	SH		SOLE		70,162	0	5,305
ALLIANT ENERGY CORP	COM	018802108	33,752	602,936	SH		SOLE		567,966	0	34,970
LOWES COS INC	COM	548661107	1,228	6,054	SH		SOLE		6,054	0	0
MCDONALDS CORPORATION	COM	580135101	1,420	5,888	SH		SOLE		5,888	0	0
MONDELEZ INTL INC	COM	609207105	26,969	463,545	SH		SOLE		432,170	0	31,375
MEDTRONIC PLC	COM	g5960l103	30,254	241,355	SH		SOLE		223,911	0	17,444
METLIFE INC	COM	59156r108	481	7,785	SH		SOLE		7,785	0	0
MCCORMICK & CO INC	COM	579780206	4,003	49,396	SH		SOLE		49,366	0	30
MARSH & MCLENNAN COS	COM	571748102	39,410	260,249	SH		SOLE		245,055	0	15,194
3M COMPANY	COM	88579y101	28,265	161,126	SH		SOLE		150,716	0	10,410
ALTRIA GROUP INC	COM	02209S103	312	6,844	SH		SOLE		6,844	0	0
MERCK AND CO INC NEW	COM	58933y105	25,168	335,084	SH		SOLE		312,229	0	22,855
MICROSOFT CORP	COM	594918104	98,801	350,458	SH		SOLE		338,392	0	12,066
NEXTERA ENERGY INC	COM	65339f101	47,094	599,769	SH		SOLE		563,534	0	36,235
NATIONAL FUEL GAS CO	COM	636180101	361	6,883	SH		SOLE		6,883	0	0
NORTHROP GRUMMAN CORP	COM	666807102	506	1,406	SH		SOLE		1,406	0	0
NORFOLK SOUTHERN CORP	COM	655844108	10,718	44,800	SH		SOLE		40,850	0	3,950
NESTLE SA SPONSORED ADR	COM	641069406	292	2,427	SH		SOLE		2,427	0	0
NVIDIA CORP	COM	67066G104	307	1,484	SH		SOLE		1,484	0	0
OGE ENERGY CORP	COM	670837103	356	10,800	SH		SOLE		10,800	0	0
OMNICOM GROUP	COM	681919106	28,161	388,639	SH		SOLE		360,814	0	27,825
ORACLE CORP	COM	68389X105	52,115	598,133	SH		SOLE		571,434	0	26,699
PEPSICO INC	COM	713448108	38,422	255,446	SH		SOLE		241,588	0	13,858
PFIZER INC	COM	717081103	1,120	26,033	SH		SOLE		25,233	0	800
PROCTER & GAMBLE CO	COM	742718109	39,592	283,206	SH		SOLE		268,521	0	14,685
PROGRESSIVE CORP	COM	743315103	904	10,000	SH		SOLE		7,845	0	2,155
PHILLIPS EDISON & COMPANY CLASS B	COM	71844v300	494	15,615	SH		SOLE		15,615	0	0
POLARIS INDUSTRIES INC	COM	731068102	22,841	190,879	SH		SOLE		177,234	0	13,645
PHILIP MORRIS INTL	COM	718172109	26,854	283,297	SH		SOLE		261,742	0	21,555
PNC FINANCIAL SERVICES GROUP	COM	693475105	43,173	220,676	SH		SOLE		208,246	0	12,430
PORTLAND GENERAL ELECTRIC CO	COM	736508847	2,067	43,997	SH		SOLE		41,797	0	2,200
PPG INDUSTRIES INC	COM	693506107	30,481	213,137	SH		SOLE		202,377	0	10,760
PRIMERICA INC	COM	74164m108	30,133	196,137	SH		SOLE		183,722	0	12,415
PHILLIPS 66	COM	718546104	385	5,501	SH		SOLE		5,501	0	0
QUALCOMM INC	COM	747525103	44,882	347,976	SH		SOLE		327,876	0	20,101
INVESCO QQQ TRUST SERIES 1	COM	46090e103	362	1,011	SH		SOLE		1,011	0	0
ROYAL DUTCH SHELL PLC A	COM	780259206	294	6,598	SH		SOLE		6,598	0	0
REGIONS FINANCIAL CORP	COM	7591EP100	30,340	1,423,759	SH		SOLE		1,332,164	0	91,595
RLI CORP	COM	749607107	35,083	349,884	SH		SOLE		349,884	0	0
RPM INTERNATIONAL INC	COM	749685103	3,816	49,145	SH		SOLE		46,095	0	3,050
INVESCO S&P 500 EQUAL WEIGHT ETF	COM	46137v357	13,346	89,077	SH		SOLE		89,077	0	0
RAYTHEON TECHNOLOGIES CORP	COM	75513e101	488	5,678	SH		SOLE		5,678	0	0
STARBUCKS CORP	COM	855244109	475	4,308	SH		SOLE		4,308	0	0
SCHWAB US BROAD MKT ETF	COM	808524102	815	7,847	SH		SOLE		7,847	0	0
SCHWAB US DVD EQUITY ETF	COM	808524797	19,991	269,282	SH		SOLE		154,631	0	114,651
CHARLES SCHWAB CORP	COM	808513105	34,699	476,368	SH		SOLE		445,474	0	30,894
SCHWAB US AGGREGATE BOND ETF	COM	808524839	907	16,721	SH		SOLE		7,116	0	9,605
SHERWIN WILLIAMS CO	COM	824348106	446	1,595	SH		SOLE		1,595	0	0
SIEMENS AG-SPONS ADR	COM	826197501	23,744	289,065	SH		SOLE		271,870	0	17,195
SOUTH JERSEY INDUSTRIES	COM	838518108	276	13,000	SH		SOLE		9,300	0	3,700
SOUTHERN CO	COM	842587107	30,952	499,468	SH		SOLE		467,248	0	32,220
S&P GLOBAL INC	COM	78409v104	48,981	115,279	SH		SOLE		110,259	0	5,020
SPDR S&P 500 ETF TRUST	COM	78462f103	2,262	5,270	SH		SOLE		2,135	0	3,135
STANLEY BLACK & DECKER INC.	COM	854502101	33,596	191,635	SH		SOLE		180,385	0	11,250
STRYKER CORP	COM	863667101	1,116	4,230	SH		SOLE		4,230	0	0
AT&T INC	COM	00206R102	36,445	1,349,297	SH		SOLE		1,274,555	0	74,742
TRUIST FINANCIAL CORP	COM	89832q109	36,799	627,432	SH		SOLE		588,748	0	38,685
TARGET CORP	COM	87612e106	60,745	265,529	SH		SOLE		251,598	0	13,931
T ROWE PRICE ASSOCIATES	COM	74144t108	40,650	206,658	SH		SOLE		194,383	0	12,275
TC ENERGY CORP	COM	87807b107	3,145	65,404	SH		SOLE		60,844	0	4,560
TRAVELERS COMPANIES INC	COM	89417e109	1,147	7,548	SH		SOLE		7,548	0	0
TESLA INC	COM	88160r101	227	293	SH		SOLE		293	0	0
TEXAS INSTRUMENTS INC	COM	882508104	54,406	283,058	SH		SOLE		270,018	0	13,040
UNITEDHEALTH GROUP	COM	91324P102	58,699	150,226	SH		SOLE		143,560	0	6,665
UNION PACIFIC CORP	COM	907818108	966	4,928	SH		SOLE		4,928	0	0
UNITED PARCEL SERVICE B	COM	911312106	5,087	27,933	SH		SOLE		27,308	0	625
US BANCORP	COM	902973304	34,903	587,190	SH		SOLE		549,164	0	38,026
VISA INC CLASS A SHARES	COM	92826c839	227	1,021	SH		SOLE		1,021	0	0
VANGUARD SHORT-TERM CORPORATE ETF	COM	92206c409	1,064	12,917	SH		SOLE		8,632	0	4,285
VANGUARD DIVIDEND APPRECIATION ETF	COM	921908844	1,032	6,716	SH		SOLE		5,541	0	1,175
VANGUARD S&P 500 ETF	COM	922908363	476	1,208	SH		SOLE		508	0	700
VERIZON COMMUNICATIONS	COM	92343v104	39,996	740,521	SH		SOLE		697,910	0	42,611
WEC ENERGY GROUP INC	COM	92939u106	364	4,126	SH		SOLE		4,126	0	0
WELLS FARGO & COMPANY	COM	949746101	230	4,966	SH		SOLE		4,966	0	0
WASTE MANAGEMENT INC	COM	94106L109	268	1,792	SH		SOLE		1,792	0	0
WILLIAMS COS INC	COM	969457100	23,671	912,528	SH		SOLE		843,623	0	68,905
WALMART INC	COM	931142103	1,240	8,898	SH		SOLE		8,898	0	0
WORTHINGTON INDUSTRIES INC	COM	981811102	304	5,763	SH		SOLE		5,763	0	0
WILLIAMS SONOMA	COM	969904101	319	1,800	SH		SOLE		1,800	0	0
XCEL ENERGY	COM	98389B100	33,824	541,176	SH		SOLE		507,580	0	33,596
COMMUNICATION SERV SEL SEC SPDR ETF	COM	81369y852	2,090	26,092	SH		SOLE		13,870	0	12,222
ENERGY SELECT SECTOR SPDR	COM	81369y506	3,305	63,447	SH		SOLE		37,527	0	25,920
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	4,453	118,665	SH		SOLE		71,437	0	47,228
INDUSTRIAL SELECT SECTOR SPDR	COM	81369y704	776	7,935	SH		SOLE		7,935	0	0
TECHNOLOGY SELECT SECTOR SPDR	COM	81369Y803	963	6,446	SH		SOLE		6,446	0	0
UTILITIES SELECT SECTOR SPDR	COM	81369Y886	7,975	124,841	SH		SOLE		70,030	0	54,811
HEALTH CARE SELECT SECTOR SPDR	COM	81369Y209	4,062	31,907	SH		SOLE		21,324	0	10,583
CONSUMER DISC SELECT SECTOR SPDR	COM	81369Y407	687	3,829	SH		SOLE		3,829	0	0
EXXON MOBIL CORPORATION	COM	30231g102	2,951	50,168	SH		SOLE		50,168	0	0
YUM! BRANDS INC	COM	988498101	274	2,238	SH		SOLE		2,238	0	0