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	6,560	36,942	SH		SOLE		35,782	0	1,160
ABBVIE INC	COM	00287y109	46,988	347,033	SH		SOLE		323,161	0	23,872
ABBOTT LABORATORIES	COM	002824100	58,046	412,434	SH		SOLE		391,720	0	20,714
ACCENTURE PLC-CL A	COM	g1151c101	48,062	115,937	SH		SOLE		108,006	0	7,931
ADOBE INC	COM	00724F101	272	480	SH		SOLE		480	0	0
AUTOMATIC DATA PROCESSING	COM	053015103	38,278	155,237	SH		SOLE		143,677	0	11,560
AMEREN CORPORATION	COM	023608102	757	8,508	SH		SOLE		7,080	0	1,428
AMERICAN ELECTRIC POWER	COM	025537101	34,811	391,262	SH		SOLE		365,510	0	25,751
AFLAC INC	COM	001055102	568	9,735	SH		SOLE		9,135	0	600
ALAMO GROUP INC	COM	011311107	221	1,500	SH		SOLE		1,500	0	0
ALLSTATE CORP	COM	020002101	30,072	255,603	SH		SOLE		241,760	0	13,843
APPLIED MATERIALS INC	COM	038222105	314	1,998	SH		SOLE		1,998	0	0
AMGEN INC	COM	031162100	38,693	171,991	SH		SOLE		163,005	0	8,986
AMAZON.COM INC	COM	023135106	854	256	SH		SOLE		252	0	4
ANTS SOFTWARE INC	COM	037271103	0	46,666	SH		SOLE		46,666	0	0
APOLLO GLOBAL MANAGEMENT LLC	COM	03769m106	35,901	495,664	SH		SOLE		462,549	0	33,115
ACTIVISION BLIZZARD INC	COM	00507v109	22,176	333,322	SH		SOLE		312,337	0	20,985
BROADCOM INC	COM	11135f101	43,761	65,766	SH		SOLE		61,471	0	4,295
AMERICAN EXPRESS CO	COM	025816109	41,323	252,585	SH		SOLE		236,834	0	15,751
BOEING CO	COM	097023105	1,958	9,728	SH		SOLE		9,728	0	0
BANK OF AMERICA CORP	COM	060505104	841	18,905	SH		SOLE		18,905	0	0
BOOZ ALLEN HAMILTON HOLDING CORP	COM	099502106	33,142	390,867	SH		SOLE		365,637	0	25,230
BAXTER INTERNATIONAL INC	COM	071813109	593	6,904	SH		SOLE		6,904	0	0
BECTON DICKINSON & CO	COM	075887109	278	1,104	SH		SOLE		1,104	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	2,382	41,007	SH		SOLE		38,297	0	2,710
BLACKROCK INC	COM	09247x101	46,016	50,260	SH		SOLE		47,785	0	2,475
BRISTOL MYERS SQUIBB CO	COM	110122108	33,816	542,354	SH		SOLE		507,066	0	35,289
VANGUARD TOTAL BOND MKT	COM	921937835	441	5,202	SH		SOLE		5,202	0	0
BP PLC-SPONS ADR	COM	055622104	24,165	907,451	SH		SOLE		845,537	0	61,914
BERKSHIRE HATHAWAY CL A	COM	084670108	451	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY CL B	COM	084670702	2,227	7,449	SH		SOLE		7,449	0	0
BROWN & BROWN INC	COM	115236101	7,028	100,000	SH		SOLE		100,000	0	0
INVESCO BULLETSHARES 2022 CORP BOND	COM	46138j882	9,824	459,297	SH		SOLE		206,159	0	253,138
INVESCO BULLETSHARES 2023 CORP BOND	COM	46138j866	7,429	346,198	SH		SOLE		128,748	0	217,450
INVESCO BULLETSHARES 2024 CORP BOND	COM	46138j841	6,276	287,479	SH		SOLE		111,984	0	175,495
INVESCO BULLETSHARES 2025 CORP BOND	COM	46138j825	1,166	53,246	SH		SOLE		17,507	0	35,739
VANGUARD SHORT-TERM BOND ETF	COM	921937827	494	6,107	SH		SOLE		6,107	0	0
BLACKSTONE INC	COM	09260d107	505	3,900	SH		SOLE		3,900	0	0
CATERPILLAR INC	COM	149123101	22,404	108,369	SH		SOLE		108,369	0	0
COMMERCE BANCSHARES INC	COM	200525103	1,341	19,507	SH		SOLE		14,060	0	5,447
CHARTER COMMUNICATIONS (NEW)	COM	16119p108	342	524	SH		SOLE		524	0	0
CIGNA CORP NEW	COM	125523100	29,467	128,323	SH		SOLE		118,531	0	9,792
COLGATE PALMOLIVE CO	COM	194162103	699	8,195	SH		SOLE		6,095	0	2,100
CLOROX COMPANY	COM	189054109	311	1,782	SH		SOLE		1,782	0	0
COMCAST CORP CLASS A	COM	20030N101	29,436	584,854	SH		SOLE		544,229	0	40,625
CONOCOPHILLIPS	COM	20825C104	38,235	529,717	SH		SOLE		496,517	0	33,200
COSTCO WHOLESALE CORP	COM	22160K105	1,154	2,032	SH		SOLE		2,032	0	0
CISCO SYSTEMS INC	COM	17275R102	58,331	920,483	SH		SOLE		873,125	0	47,358
CSX CORP	COM	126408103	1,489	39,600	SH		SOLE		39,600	0	0
CVS HEALTH CORP	COM	126650100	34,706	336,430	SH		SOLE		310,581	0	25,849
CHEVRON CORPORATION	COM	166764100	34,881	297,236	SH		SOLE		277,316	0	19,920
DOMINION ENERGY INC	COM	25746U109	30,476	387,928	SH		SOLE		361,510	0	26,418
DUPONT DE NEMOURS INC	COM	26614n102	204	2,522	SH		SOLE		2,522	0	0
DEERE & CO	COM	244199105	61,288	178,739	SH		SOLE		169,430	0	9,309
DISCOVER FINANCIAL SERVICES	COM	254709108	43,217	373,980	SH		SOLE		353,034	0	20,946
ISHARES CORE DIVIDEND GROWTH ETF	COM	46434v621	21,236	382,074	SH		SOLE		207,273	0	174,801
QUEST DIAGNOSTICS INC	COM	74834L100	11,787	68,127	SH		SOLE		63,727	0	4,400
D R HORTON INC	COM	23331A109	228	2,100	SH		SOLE		2,100	0	0
DANAHER CORP	COM	235851102	208	633	SH		SOLE		633	0	0
THE WALT DISNEY CO	COM	254687106	41,199	265,991	SH		SOLE		253,169	0	12,822
DOW INC	COM	260557103	280	4,937	SH		SOLE		4,837	0	100
AMDOCS LTD	COM	g02602103	23,089	308,512	SH		SOLE		284,887	0	23,625
DARDEN RESTAURANTS INC	COM	237194105	972	6,450	SH		SOLE		6,450	0	0
DTE ENERGY COMPANY	COM	233331107	27,689	231,632	SH		SOLE		216,109	0	15,523
DT MIDSTREAM INC	COM	23345m107	32,990	687,570	SH		SOLE		646,246	0	41,324
DUKE ENERGY HOLDING CORP	COM	26441c204	32,945	314,065	SH		SOLE		292,456	0	21,609
CONSOLIDATED EDISON INC	COM	209115104	2,102	24,634	SH		SOLE		24,634	0	0
EDISON INTERNATIONAL	COM	281020107	379	5,560	SH		SOLE		5,560	0	0
EASTMAN CHEMICAL COMPANY	COM	277432100	39,305	325,076	SH		SOLE		304,397	0	20,679
EMERSON ELECTRIC CO	COM	291011104	293	3,150	SH		SOLE		3,150	0	0
ENBRIDGE INC	COM	29250n105	29,937	766,053	SH		SOLE		713,640	0	52,413
ENTERPRISE PRODUCTS	COM	293792107	251	11,440	SH		SOLE		11,440	0	0
EVERSOURCE ENERGY	COM	30040w108	36,305	399,048	SH		SOLE		373,352	0	25,696
ENTERGY CORP	COM	29364G103	31,649	280,949	SH		SOLE		259,982	0	20,967
EVERGY INC	COM	30034w106	35,387	515,777	SH		SOLE		476,564	0	39,213
EXELON CORPORATION	COM	30161N101	40,358	698,723	SH		SOLE		652,847	0	45,876
META PLATFORMS INC CL A	COM	30303m102	707	2,101	SH		SOLE		2,101	0	0
FIRSTENERGY CORP	COM	337932107	36,887	886,922	SH		SOLE		826,764	0	60,159
FIRST HORIZON CORP	COM	320517105	329	20,142	SH		SOLE		20,142	0	0
GENERAL DYNAMICS CORP	COM	369550108	10,045	48,183	SH		SOLE		46,903	0	1,280
GENERAL ELECTRIC CO	COM	369604301	465	4,926	SH		SOLE		4,329	0	597
GENERAL MILLS INC	COM	370334104	32,305	479,443	SH		SOLE		450,589	0	28,854
SPDR GOLD TRUST	COM	78463v107	209	1,220	SH		SOLE		920	0	300
ALPHABET INC CL C	COM	02079k107	622	215	SH		SOLE		215	0	0
ALPHABET INC CL A	COM	02079k305	661	228	SH		SOLE		228	0	0
GENUINE PARTS CO	COM	372460105	36,582	260,929	SH		SOLE		243,125	0	17,804
HOME DEPOT INC	COM	437076102	44,250	106,623	SH		SOLE		99,102	0	7,521
HONEYWELL INTERNATL INC	COM	438516106	46,797	224,434	SH		SOLE		213,906	0	10,528
THE HERSHEY COMPANY	COM	427866108	269	1,389	SH		SOLE		1,389	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	2,280	17,061	SH		SOLE		17,061	0	0
INTEL CORPORATION	COM	458140100	12,469	242,114	SH		SOLE		234,914	0	7,200
INTUITIVE SURGICAL INC	COM	46120E602	387	1,077	SH		SOLE		1,077	0	0
ILLINOIS TOOL WORKS	COM	452308109	645	2,615	SH		SOLE		2,615	0	0
ISHARES S&P500 VALUE INDEX ETF	COM	464287408	297	1,898	SH		SOLE		1,898	0	0
ISHARES RUSSELL 1000 GROWTH ETF	COM	464287614	219	716	SH		SOLE		716	0	0
ISHARES RUSSELL MIDCAP ETF	COM	464287499	208	2,500	SH		SOLE		2,500	0	0
JOHNSON & JOHNSON	COM	478160104	49,302	288,197	SH		SOLE		269,674	0	18,523
JP MORGAN CHASE & CO	COM	46625H100	55,992	353,597	SH		SOLE		334,574	0	19,023
KIMBERLY CLARK CORP	COM	494368103	32,390	226,631	SH		SOLE		212,422	0	14,209
COCA COLA CO	COM	191216100	33,317	562,691	SH		SOLE		527,885	0	34,806
KROGER CO	COM	501044101	229	5,050	SH		SOLE		5,050	0	0
ELI LILLY & CO	COM	532457108	1,042	3,773	SH		SOLE		2,923	0	850
LOCKHEED MARTIN CORP	COM	539830109	27,123	76,315	SH		SOLE		70,365	0	5,950
ALLIANT ENERGY CORP	COM	018802108	37,481	609,740	SH		SOLE		572,511	0	37,229
LOWES COS INC	COM	548661107	1,446	5,593	SH		SOLE		5,593	0	0
MASTERCARD INC	COM	57636q104	207	575	SH		SOLE		500	0	75
MASCO CORP	COM	574599106	225	3,200	SH		SOLE		3,200	0	0
MATTEL INC	COM	577081102	213	9,861	SH		SOLE		9,861	0	0
MCDONALDS CORPORATION	COM	580135101	1,603	5,979	SH		SOLE		5,979	0	0
MONDELEZ INTL INC	COM	609207105	31,295	471,947	SH		SOLE		438,905	0	33,042
MEDTRONIC PLC	COM	g5960l103	25,945	250,795	SH		SOLE		232,151	0	18,644
METLIFE INC	COM	59156r108	486	7,773	SH		SOLE		7,773	0	0
MCCORMICK & CO INC	COM	579780206	4,642	48,046	SH		SOLE		48,016	0	30
MARSH & MCLENNAN COS	COM	571748102	44,446	255,700	SH		SOLE		240,104	0	15,596
3M COMPANY	COM	88579y101	29,031	163,433	SH		SOLE		151,638	0	11,795
ALTRIA GROUP INC	COM	02209S103	353	7,451	SH		SOLE		6,881	0	570
MERCK AND CO INC NEW	COM	58933y105	26,197	341,815	SH		SOLE		317,753	0	24,062
MICROSOFT CORP	COM	594918104	113,412	337,214	SH		SOLE		325,659	0	11,555
NEXTERA ENERGY INC	COM	65339f101	55,165	590,880	SH		SOLE		553,499	0	37,381
NATIONAL FUEL GAS CO	COM	636180101	408	6,383	SH		SOLE		6,383	0	0
NATIONAL GRID PLC	COM	636274409	224	3,096	SH		SOLE		1,846	0	1,250
NEW JERSEY RESOURCES CORP	COM	646025106	218	5,300	SH		SOLE		5,300	0	0
NORTHROP GRUMMAN CORP	COM	666807102	560	1,448	SH		SOLE		1,448	0	0
NORFOLK SOUTHERN CORP	COM	655844108	11,696	39,286	SH		SOLE		36,631	0	2,655
NESTLE SA SPONSORED ADR	COM	641069406	341	2,427	SH		SOLE		2,427	0	0
NVIDIA CORP	COM	67066G104	436	1,484	SH		SOLE		1,484	0	0
OGE ENERGY CORP	COM	670837103	399	10,400	SH		SOLE		10,400	0	0
OMNICOM GROUP	COM	681919106	29,032	396,232	SH		SOLE		366,404	0	29,828
ORACLE CORP	COM	68389X105	49,988	573,194	SH		SOLE		545,945	0	27,249
PAYCHEX INC	COM	704326107	265	1,940	SH		SOLE		600	0	1,340
PEPSICO INC	COM	713448108	44,551	256,469	SH		SOLE		241,682	0	14,787
PFIZER INC	COM	717081103	1,809	30,629	SH		SOLE		29,829	0	800
PROCTER & GAMBLE CO	COM	742718109	46,251	282,745	SH		SOLE		267,516	0	15,229
PROGRESSIVE CORP	COM	743315103	746	7,265	SH		SOLE		5,550	0	1,715
PHILLIPS EDISON & COMPANY CLASS B	COM	71844v300	624	19,883	SH		SOLE		19,883	0	0
POLARIS INDUSTRIES INC	COM	731068102	17,260	157,034	SH		SOLE		143,464	0	13,570
PROLOGIS INC	COM	74340w103	201	1,195	SH		SOLE		1,195	0	0
PHILIP MORRIS INTL	COM	718172109	27,471	289,169	SH		SOLE		266,071	0	23,098
PNC FINANCIAL SERVICES GROUP	COM	693475105	43,180	215,338	SH		SOLE		202,056	0	13,282
PORTLAND GENERAL ELECTRIC CO	COM	736508847	2,286	43,197	SH		SOLE		40,997	0	2,200
PPG INDUSTRIES INC	COM	693506107	36,800	213,407	SH		SOLE		201,847	0	11,560
PRIMERICA INC	COM	74164m108	30,387	198,257	SH		SOLE		184,977	0	13,280
PHILLIPS 66	COM	718546104	405	5,586	SH		SOLE		5,586	0	0
QUALCOMM INC	COM	747525103	62,168	339,960	SH		SOLE		320,186	0	19,774
INVESCO QQQ TRUST SERIES 1	COM	46090e103	452	1,136	SH		SOLE		1,136	0	0
ROYAL DUTCH SHELL PLC A	COM	780259206	309	7,118	SH		SOLE		7,118	0	0
REGIONS FINANCIAL CORP	COM	7591EP100	31,550	1,447,262	SH		SOLE		1,347,392	0	99,870
RLI CORP	COM	749607107	17,985	160,434	SH		SOLE		160,434	0	0
RPM INTERNATIONAL INC	COM	749685103	4,845	47,970	SH		SOLE		45,020	0	2,950
INVESCO S&P 500 EQUAL WEIGHT ETF	COM	46137v357	14,497	89,077	SH		SOLE		89,077	0	0
RAYTHEON TECHNOLOGIES CORP	COM	75513e101	611	7,097	SH		SOLE		7,097	0	0
STARBUCKS CORP	COM	855244109	376	3,218	SH		SOLE		3,218	0	0
SCHWAB US BROAD MKT ETF	COM	808524102	887	7,847	SH		SOLE		7,847	0	0
SCHWAB US DVD EQUITY ETF	COM	808524797	24,099	298,147	SH		SOLE		175,498	0	122,649
CHARLES SCHWAB CORP	COM	808513105	40,411	480,508	SH		SOLE		447,824	0	32,684
SCHWAB US AGGREGATE BOND ETF	COM	808524839	784	14,546	SH		SOLE		5,751	0	8,795
SHERWIN WILLIAMS CO	COM	824348106	562	1,595	SH		SOLE		1,595	0	0
SIEMENS AG-SPONS ADR	COM	826197501	28,178	325,380	SH		SOLE		302,040	0	23,340
SOUTH JERSEY INDUSTRIES	COM	838518108	307	11,750	SH		SOLE		8,050	0	3,700
SOUTHERN CO	COM	842587107	34,662	505,431	SH		SOLE		472,108	0	33,323
S&P GLOBAL INC	COM	78409v104	53,096	112,509	SH		SOLE		107,459	0	5,050
SPDR S&P 500 ETF TRUST	COM	78462f103	2,273	4,785	SH		SOLE		2,285	0	2,500
CONSTELLATION BRANDS INC	COM	21036p108	20,413	81,337	SH		SOLE		76,670	0	4,667
STANLEY BLACK & DECKER INC.	COM	854502101	36,885	195,553	SH		SOLE		183,098	0	12,455
STRYKER CORP	COM	863667101	1,131	4,230	SH		SOLE		4,230	0	0
AT&T INC	COM	00206R102	32,399	1,317,036	SH		SOLE		1,236,474	0	80,562
TRUIST FINANCIAL CORP	COM	89832q109	37,147	634,456	SH		SOLE		592,060	0	42,397
TARGET CORP	COM	87612e106	59,163	255,630	SH		SOLE		241,692	0	13,938
T ROWE PRICE ASSOCIATES	COM	74144t108	40,681	206,880	SH		SOLE		193,811	0	13,069
TC ENERGY CORP	COM	87807b107	2,627	56,449	SH		SOLE		53,464	0	2,985
TRAVELERS COMPANIES INC	COM	89417e109	1,179	7,534	SH		SOLE		7,534	0	0
TESLA INC	COM	88160r101	283	268	SH		SOLE		268	0	0
TEXAS INSTRUMENTS INC	COM	882508104	52,458	278,338	SH		SOLE		264,974	0	13,364
UNITEDHEALTH GROUP	COM	91324P102	73,580	146,532	SH		SOLE		139,468	0	7,064
UNION PACIFIC CORP	COM	907818108	1,242	4,928	SH		SOLE		4,928	0	0
UNITED PARCEL SERVICE B	COM	911312106	5,912	27,583	SH		SOLE		27,108	0	475
US BANCORP	COM	902973304	32,886	585,480	SH		SOLE		543,809	0	41,671
VISA INC CLASS A SHARES	COM	92826c839	224	1,034	SH		SOLE		1,034	0	0
VANGUARD SHORT-TERM CORPORATE ETF	COM	92206c409	1,018	12,532	SH		SOLE		8,582	0	3,950
VANGUARD DIVIDEND APPRECIATION ETF	COM	921908844	1,194	6,950	SH		SOLE		5,690	0	1,260
VANGUARD S&P 500 ETF	COM	922908363	527	1,208	SH		SOLE		508	0	700
VANGUARD TOTAL STOCK MKT ETF	COM	922908769	922	3,820	SH		SOLE		3,064	0	756
VERIZON COMMUNICATIONS	COM	92343v104	38,828	747,274	SH		SOLE		701,937	0	45,337
WALGREENS BOOTS ALLIANCE INC	COM	931427108	215	4,117	SH		SOLE		4,117	0	0
WESTERN DIGITAL CORP	COM	958102105	200	3,072	SH		SOLE		3,072	0	0
WEC ENERGY GROUP INC	COM	92939u106	401	4,126	SH		SOLE		4,126	0	0
WELLS FARGO & COMPANY	COM	949746101	238	4,966	SH		SOLE		4,966	0	0
WASTE MANAGEMENT INC	COM	94106L109	299	1,792	SH		SOLE		1,792	0	0
WILLIAMS COS INC	COM	969457100	24,092	925,186	SH		SOLE		853,189	0	71,997
WALMART INC	COM	931142103	1,311	9,064	SH		SOLE		9,064	0	0
WORTHINGTON INDUSTRIES INC	COM	981811102	315	5,763	SH		SOLE		5,763	0	0
WILLIAMS SONOMA	COM	969904101	304	1,800	SH		SOLE		1,800	0	0
XCEL ENERGY	COM	98389B100	37,090	547,853	SH		SOLE		512,430	0	35,423
COMMUNICATION SERV SEL SEC SPDR ETF	COM	81369y852	2,227	28,666	SH		SOLE		15,189	0	13,477
ENERGY SELECT SECTOR SPDR	COM	81369y506	3,775	68,021	SH		SOLE		40,327	0	27,694
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	4,862	124,496	SH		SOLE		74,156	0	50,340
INDUSTRIAL SELECT SECTOR SPDR	COM	81369y704	841	7,952	SH		SOLE		7,935	0	17
TECHNOLOGY SELECT SECTOR SPDR	COM	81369Y803	1,132	6,512	SH		SOLE		6,486	0	26
UTILITIES SELECT SECTOR SPDR	COM	81369Y886	9,603	134,160	SH		SOLE		74,427	0	59,733
HEALTH CARE SELECT SECTOR SPDR	COM	81369Y209	4,575	32,473	SH		SOLE		21,437	0	11,036
CONSUMER DISC SELECT SECTOR SPDR	COM	81369Y407	701	3,429	SH		SOLE		3,429	0	0
EXXON MOBIL CORPORATION	COM	30231g102	3,076	50,268	SH		SOLE		50,268	0	0
YUM! BRANDS INC	COM	988498101	311	2,238	SH		SOLE		2,238	0	0