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	aapl	037833100	4,884	35,723	SH		SOLE		34,963	0	760
ABBVIE INC	abbv	00287y109	53,848	351,581	SH		SOLE		324,907	0	26,674
ABBOTT LABORATORIES	abt	002824100	45,237	416,358	SH		SOLE		392,428	0	23,930
ACCENTURE PLC-CL A	acn	g1151c101	33,095	119,197	SH		SOLE		110,238	0	8,959
ADOBE INC	adbe	00724F101	202	553	SH		SOLE		553	0	0
AUTOMATIC DATA PROCESSING	adp	053015103	8,245	39,256	SH		SOLE		37,051	0	2,205
AMEREN CORPORATION	aee	023608102	734	8,124	SH		SOLE		6,899	0	1,225
AMERICAN ELECTRIC POWER	aep	025537101	38,893	405,394	SH		SOLE		375,414	0	29,980
AFLAC INC	afl	001055102	435	7,860	SH		SOLE		7,260	0	600
ALLSTATE CORP	all	020002101	33,082	261,044	SH		SOLE		244,676	0	16,368
AMGEN INC	amgn	031162100	42,380	174,188	SH		SOLE		163,637	0	10,551
AMAZON.COM INC	amzn	023135106	502	4,725	SH		SOLE		4,645	0	80
ANTS SOFTWARE INC	ants	037271103	0	46,666	SH		SOLE		46,666	0	0
APOLLO GLOBAL MANAGEMENT LLC	apo	03769m106	25,788	531,926	SH		SOLE		488,863	0	43,063
ACTIVISION BLIZZARD INC	atvi	00507v109	27,917	358,555	SH		SOLE		336,505	0	22,050
BROADCOM INC	avgo	11135f101	33,731	69,432	SH		SOLE		64,216	0	5,216
AMERICAN EXPRESS CO	axp	025816109	35,432	255,606	SH		SOLE		237,678	0	17,928
BOEING CO	ba	097023105	1,313	9,606	SH		SOLE		9,606	0	0
BANK OF AMERICA CORP	bac	060505104	592	19,033	SH		SOLE		19,033	0	0
BOOZ ALLEN HAMILTON HOLDING CORP	bah	099502106	36,769	406,920	SH		SOLE		377,440	0	29,480
BAXTER INTERNATIONAL INC	bax	071813109	381	5,927	SH		SOLE		5,927	0	0
BECTON DICKINSON & CO	bdx	075887109	272	1,104	SH		SOLE		1,104	0	0
BANK OF NEW YORK MELLON CORP	bk	064058100	1,131	27,118	SH		SOLE		25,643	0	1,475
BLACKROCK INC	blk	09247x101	31,735	52,106	SH		SOLE		48,939	0	3,167
BRISTOL MYERS SQUIBB CO	bmy	110122108	42,671	554,170	SH		SOLE		513,916	0	40,253
VANGUARD TOTAL BOND MKT	bnd	921937835	228	3,028	SH		SOLE		3,028	0	0
BP PLC-SPONS ADR	bp	055622104	26,569	937,191	SH		SOLE		863,612	0	73,579
BERKSHIRE HATHAWAY CL A	brk.a	084670108	409	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY CL B	brkb	084670702	1,750	6,410	SH		SOLE		6,410	0	0
BROWN & BROWN INC	bro	115236101	5,834	100,000	SH		SOLE		100,000	0	0
INVESCO BULLETSHARES 2022 CORP BOND	bscm	46138j882	8,468	399,616	SH		SOLE		193,585	0	206,031
INVESCO BULLETSHARES 2023 CORP BOND	bscn	46138j866	8,443	403,019	SH		SOLE		158,288	0	244,731
INVESCO BULLETSHARES 2024 CORP BOND	bsco	46138j841	7,324	353,122	SH		SOLE		141,296	0	211,826
INVESCO BULLETSHARES 2025 CORP BOND	bscp	46138j825	2,897	141,731	SH		SOLE		58,526	0	83,205
INVESCO BULLETSHARES 2026 CORP BOND	bscq	46138j791	1,455	75,510	SH		SOLE		25,425	0	50,085
BLACKSTONE INC	bx	09260d107	356	3,900	SH		SOLE		3,900	0	0
CATERPILLAR INC	cat	149123101	19,513	109,156	SH		SOLE		108,878	0	278
COMMERCE BANCSHARES INC	cbsh	200525103	1,185	18,047	SH		SOLE		12,600	0	5,447
CONSTELLATION ENERGY CORP	ceg	21037t109	12,556	219,272	SH		SOLE		205,060	0	14,212
CHARTER COMMUNICATIONS (NEW)	chtr	16119p108	215	459	SH		SOLE		459	0	0
CIGNA CORP NEW	ci	125523100	36,522	138,594	SH		SOLE		126,709	0	11,885
COLGATE PALMOLIVE CO	cl	194162103	624	7,785	SH		SOLE		6,285	0	1,500
COMCAST CORP CLASS A	cmcsa	20030N101	24,946	635,724	SH		SOLE		584,579	0	51,145
CONOCOPHILLIPS	cop	20825C104	46,242	514,887	SH		SOLE		479,127	0	35,760
COSTCO WHOLESALE CORP	cost	22160K105	940	1,961	SH		SOLE		1,961	0	0
CISCO SYSTEMS INC	csco	17275R102	39,824	933,962	SH		SOLE		879,081	0	54,881
CSX CORP	csx	126408103	1,151	39,600	SH		SOLE		39,600	0	0
CVS HEALTH CORP	cvs	126650100	32,149	346,962	SH		SOLE		316,750	0	30,212
CHEVRON CORPORATION	cvx	166764100	42,712	295,016	SH		SOLE		272,690	0	22,325
DOMINION ENERGY INC	d	25746U109	32,564	408,019	SH		SOLE		376,156	0	31,863
DEERE & CO	de	244199105	52,286	174,596	SH		SOLE		164,279	0	10,317
DISCOVER FINANCIAL SERVICES	dfs	254709108	35,720	377,674	SH		SOLE		353,075	0	24,599
ISHARES CORE DIVIDEND GROWTH ETF	dgro	46434v621	19,830	416,240	SH		SOLE		218,210	0	198,030
QUEST DIAGNOSTICS INC	dgx	74834L100	720	5,415	SH		SOLE		4,535	0	880
THE WALT DISNEY CO	dis	254687106	26,412	279,788	SH		SOLE		262,984	0	16,804
DOW INC	dow	260557103	245	4,755	SH		SOLE		4,755	0	0
AMDOCS LTD	dox	g02602103	27,848	334,264	SH		SOLE		306,434	0	27,830
DARDEN RESTAURANTS INC	dri	237194105	608	5,375	SH		SOLE		5,375	0	0
DTE ENERGY COMPANY	dte	233331107	30,979	244,412	SH		SOLE		225,328	0	19,084
DT MIDSTREAM INC	dtm	23345m107	34,771	709,324	SH		SOLE		659,972	0	49,352
DUKE ENERGY HOLDING CORP	duk	26441c204	34,596	322,695	SH		SOLE		297,733	0	24,962
CONSOLIDATED EDISON INC	ed	209115104	2,317	24,367	SH		SOLE		24,367	0	0
EDISON INTERNATIONAL	eix	281020107	352	5,560	SH		SOLE		5,560	0	0
EASTMAN CHEMICAL COMPANY	emn	277432100	29,877	332,818	SH		SOLE		308,144	0	24,674
EMERSON ELECTRIC CO	emr	291011104	251	3,150	SH		SOLE		3,150	0	0
ENBRIDGE INC	enb	29250n105	33,381	789,900	SH		SOLE		727,153	0	62,747
ENTERPRISE PRODUCTS	epd	293792107	285	11,684	SH		SOLE		11,684	0	0
EVERSOURCE ENERGY	es	30040w108	34,289	405,933	SH		SOLE		376,470	0	29,463
ENTERGY CORP	etr	29364G103	33,214	294,869	SH		SOLE		270,768	0	24,101
EVERGY INC	evrg	30034w106	35,628	546,019	SH		SOLE		500,108	0	45,911
EXELON CORPORATION	exc	30161N101	33,852	746,952	SH		SOLE		691,221	0	55,731
FIRSTENERGY CORP	fe	337932107	35,261	918,498	SH		SOLE		849,740	0	68,759
FIRST HORIZON CORP	fhn	320517105	440	20,142	SH		SOLE		20,142	0	0
GENERAL DYNAMICS CORP	gd	369550108	8,878	40,126	SH		SOLE		39,166	0	960
GENERAL MILLS INC	gis	370334104	36,484	483,554	SH		SOLE		450,660	0	32,894
SPDR GOLD TRUST	gld	78463v107	233	1,386	SH		SOLE		1,086	0	300
ALPHABET INC CL C	goog	02079k107	470	215	SH		SOLE		215	0	0
ALPHABET INC CL A	googl	02079k305	497	228	SH		SOLE		228	0	0
GENUINE PARTS CO	gpc	372460105	35,874	269,727	SH		SOLE		248,447	0	21,280
HOME DEPOT INC	hd	437076102	31,309	114,155	SH		SOLE		104,947	0	9,208
HONEYWELL INTERNATL INC	hon	438516106	39,894	229,527	SH		SOLE		216,882	0	12,645
THE HERSHEY COMPANY	hsy	427866108	298	1,383	SH		SOLE		1,383	0	0
INTL BUSINESS MACHINES CORP	ibm	459200101	1,944	13,766	SH		SOLE		13,766	0	0
INTERCONTINENTIAL EXCHANGE INC	ice	45866F104	24,701	262,670	SH		SOLE		243,235	0	19,435
INTEL CORPORATION	intc	458140100	7,113	190,138	SH		SOLE		186,788	0	3,350
INTUITIVE SURGICAL INC	isrg	46120E602	216	1,077	SH		SOLE		1,077	0	0
ILLINOIS TOOL WORKS	itw	452308109	453	2,485	SH		SOLE		2,485	0	0
ISHARES S&P500 VALUE INDEX ETF	ive	464287408	290	2,108	SH		SOLE		2,108	0	0
ISHARES RUSSELL 2000 GROWTH ETF	iwo	464287648	206	1,000	SH		SOLE		1,000	0	0
ISHARES RUSSELL MIDCAP GROWTH ETF	iwp	464287481	329	4,147	SH		SOLE		4,147	0	0
JOHNSON & JOHNSON	jnj	478160104	51,459	289,896	SH		SOLE		268,776	0	21,120
JP MORGAN CHASE & CO	jpm	46625H100	41,115	365,110	SH		SOLE		341,979	0	23,131
KIMBERLY CLARK CORP	kmb	494368103	31,677	234,381	SH		SOLE		216,956	0	17,425
COCA COLA CO	ko	191216100	36,304	577,077	SH		SOLE		536,804	0	40,273
LINCOLN ELECTRIC HOLDINGS INC	leco	533900106	26,522	214,995	SH		SOLE		197,830	0	17,165
ELI LILLY & CO	lly	532457108	1,090	3,363	SH		SOLE		2,513	0	850
LOCKHEED MARTIN CORP	lmt	539830109	34,164	79,458	SH		SOLE		72,419	0	7,039
ALLIANT ENERGY CORP	lnt	018802108	37,106	633,099	SH		SOLE		588,782	0	44,317
LOWES COS INC	low	548661107	973	5,573	SH		SOLE		5,573	0	0
LAM RESEARCH CORP	lrcx	512807108	26,480	62,138	SH		SOLE		56,767	0	5,371
MCDONALDS CORPORATION	mcd	580135101	1,472	5,961	SH		SOLE		5,961	0	0
MONDELEZ INTL INC	mdlz	609207105	30,486	491,001	SH		SOLE		452,314	0	38,687
MEDTRONIC PLC	mdt	g5960l103	24,414	272,024	SH		SOLE		248,816	0	23,208
METLIFE INC	met	59156r108	285	4,546	SH		SOLE		4,546	0	0
META PLATFORMS INC CL A	meta	30303m102	325	2,016	SH		SOLE		2,016	0	0
MCCORMICK & CO INC	mkc	579780206	3,537	42,482	SH		SOLE		42,452	0	30
MARSH & MCLENNAN COS	mmc	571748102	40,068	258,088	SH		SOLE		240,563	0	17,525
3M COMPANY	mmm	88579y101	2,541	19,632	SH		SOLE		19,414	0	218
ALTRIA GROUP INC	mo	02209S103	257	6,151	SH		SOLE		6,151	0	0
MERCK AND CO INC NEW	mrk	58933y105	32,714	358,828	SH		SOLE		330,519	0	28,309
MICROSOFT CORP	msft	594918104	85,664	333,544	SH		SOLE		320,201	0	13,343
NEXTERA ENERGY INC	nee	65339f101	47,110	608,191	SH		SOLE		564,486	0	43,705
NATIONAL FUEL GAS CO	nfg	636180101	297	4,500	SH		SOLE		4,500	0	0
NORTHROP GRUMMAN CORP	noc	666807102	672	1,405	SH		SOLE		1,405	0	0
NORFOLK SOUTHERN CORP	nsc	655844108	5,873	25,840	SH		SOLE		25,495	0	345
NESTLE SA SPONSORED ADR	nsrgy	641069406	282	2,427	SH		SOLE		2,427	0	0
NVIDIA CORP	nvda	67066G104	207	1,363	SH		SOLE		1,363	0	0
OGE ENERGY CORP	oge	670837103	401	10,400	SH		SOLE		10,400	0	0
OMNICOM GROUP	omc	681919106	26,066	409,781	SH		SOLE		374,373	0	35,408
ORACLE CORP	orcl	68389X105	40,292	576,667	SH		SOLE		545,374	0	31,293
PAYCHEX INC	payx	704326107	221	1,940	SH		SOLE		600	0	1,340
PHILLIPS EDISON & CO INC	peco	71844v201	664	19,882	SH		SOLE		19,882	0	0
PEPSICO INC	pep	713448108	43,485	260,920	SH		SOLE		243,543	0	17,377
PFIZER INC	pfe	717081103	1,324	25,261	SH		SOLE		24,461	0	800
PROCTER & GAMBLE CO	pg	742718109	41,499	288,607	SH		SOLE		270,383	0	18,224
PROGRESSIVE CORP	pgr	743315103	497	4,275	SH		SOLE		3,240	0	1,035
POLARIS INDUSTRIES INC	pii	731068102	19,414	195,543	SH		SOLE		177,335	0	18,208
PHILIP MORRIS INTL	pm	718172109	29,644	300,226	SH		SOLE		272,364	0	27,862
PNC FINANCIAL SERVICES GROUP	pnc	693475105	34,600	219,304	SH		SOLE		203,545	0	15,759
PORTLAND GENERAL ELECTRIC CO	por	736508847	2,047	42,347	SH		SOLE		40,347	0	2,000
PPG INDUSTRIES INC	ppg	693506107	26,217	229,289	SH		SOLE		213,237	0	16,052
PRIMERICA INC	pri	74164m108	24,487	204,588	SH		SOLE		188,235	0	16,353
PHILLIPS 66	psx	718546104	403	4,911	SH		SOLE		4,911	0	0
QUALCOMM INC	qcom	747525103	44,097	345,210	SH		SOLE		322,036	0	23,175
INVESCO QQQ TRUST SERIES 1	qqq	46090e103	295	1,054	SH		SOLE		1,054	0	0
REGIONS FINANCIAL CORP	rf	7591EP100	28,473	1,518,561	SH		SOLE		1,398,698	0	119,863
RLI CORP	rli	749607107	18,130	155,505	SH		SOLE		155,505	0	0
RPM INTERNATIONAL INC	rpm	749685103	3,492	44,354	SH		SOLE		43,254	0	1,100
INVESCO S&P 500 EQUAL WEIGHT ETF	rsp	46137v357	11,968	89,157	SH		SOLE		89,157	0	0
RAYTHEON TECHNOLOGIES CORP	rtx	75513e101	571	5,938	SH		SOLE		5,938	0	0
STARBUCKS CORP	sbux	855244109	23,693	310,155	SH		SOLE		290,300	0	19,855
SCHWAB US DVD EQUITY ETF	schd	808524797	21,923	306,058	SH		SOLE		167,704	0	138,354
CHARLES SCHWAB CORP	schw	808513105	32,182	509,377	SH		SOLE		469,810	0	39,567
SCHWAB US AGGREGATE BOND ETF	schz	808524839	696	14,543	SH		SOLE		5,748	0	8,795
SHELL PLC ADR	shel	780259305	419	8,010	SH		SOLE		8,010	0	0
SIEMENS AG-SPONS ADR	siegy	826197501	20,096	393,428	SH		SOLE		360,420	0	33,008
SOUTHERN CO	so	842587107	36,614	513,453	SH		SOLE		475,133	0	38,320
S&P GLOBAL INC	spgi	78409v104	38,253	113,490	SH		SOLE		107,368	0	6,122
SPDR S&P 500 ETF TRUST	spy	78462f103	1,362	3,609	SH		SOLE		2,759	0	850
SEMPRA	sre	816851109	202	1,346	SH		SOLE		1,346	0	0
CONSTELLATION BRANDS INC	stz	21036p108	24,441	104,871	SH		SOLE		97,174	0	7,697
STANLEY BLACK & DECKER INC.	swk	854502101	22,453	214,119	SH		SOLE		197,953	0	16,166
STRYKER CORP	syk	863667101	811	4,075	SH		SOLE		4,075	0	0
AT&T INC	t	00206R102	31,458	1,500,881	SH		SOLE		1,387,426	0	113,455
TRUIST FINANCIAL CORP	tfc	89832q109	31,091	655,524	SH		SOLE		605,412	0	50,112
TARGET CORP	tgt	87612e106	36,907	261,328	SH		SOLE		244,155	0	17,173
T ROWE PRICE ASSOCIATES	trow	74144t108	713	6,276	SH		SOLE		6,201	0	75
TC ENERGY CORP	trp	87807b107	1,456	28,112	SH		SOLE		26,937	0	1,175
TRAVELERS COMPANIES INC	trv	89417e109	1,200	7,098	SH		SOLE		7,098	0	0
TEXAS INSTRUMENTS INC	txn	882508104	42,426	276,121	SH		SOLE		260,512	0	15,609
UNITEDHEALTH GROUP	unh	91324P102	74,717	145,468	SH		SOLE		137,344	0	8,125
UNION PACIFIC CORP	unp	907818108	1,010	4,736	SH		SOLE		4,736	0	0
UNITED PARCEL SERVICE B	ups	911312106	4,718	25,848	SH		SOLE		25,848	0	0
US BANCORP	usb	902973304	27,914	606,554	SH		SOLE		557,426	0	49,128
VISA INC CLASS A SHARES	v	92826c839	216	1,096	SH		SOLE		1,096	0	0
VANGUARD SHORT-TERM CORPORATE ETF	vcsh	92206c409	912	11,962	SH		SOLE		8,182	0	3,780
VERU INC	veru	92536c103	170	15,000	SH		SOLE		15,000	0	0
VANGUARD DIVIDEND APPRECIATION ETF	vig	921908844	892	6,219	SH		SOLE		5,294	0	925
VANGUARD S&P 500 ETF	voo	922908363	419	1,208	SH		SOLE		508	0	700
VERIZON COMMUNICATIONS	vz	92343v104	39,179	771,995	SH		SOLE		717,509	0	54,486
WARNER BROS DISCOVERY INC	wbd	934423104	4,105	305,868	SH		SOLE		288,599	0	17,269
WEC ENERGY GROUP INC	wec	92939u106	301	2,988	SH		SOLE		2,988	0	0
WASTE MANAGEMENT INC	wm	94106L109	259	1,692	SH		SOLE		1,692	0	0
WILLIAMS COS INC	wmb	969457100	29,616	948,940	SH		SOLE		865,300	0	83,640
WALMART INC	wmt	931142103	1,095	9,004	SH		SOLE		8,854	0	150
WORTHINGTON INDUSTRIES INC	wor	981811102	245	5,563	SH		SOLE		5,563	0	0
XCEL ENERGY	xel	98389B100	40,000	565,295	SH		SOLE		523,492	0	41,803
COMMUNICATION SERV SEL SEC SPDR ETF	xlc	81369y852	1,835	33,811	SH		SOLE		17,676	0	16,135
ENERGY SELECT SECTOR SPDR	xle	81369y506	4,631	64,755	SH		SOLE		35,564	0	29,191
FINANCIAL SELECT SECTOR SPDR	xlf	81369y605	4,083	129,832	SH		SOLE		74,051	0	55,781
INDUSTRIAL SELECT SECTOR SPDR	xli	81369y704	695	7,952	SH		SOLE		7,952	0	0
TECHNOLOGY SELECT SECTOR SPDR	xlk	81369y803	726	5,712	SH		SOLE		5,712	0	0
UTILITIES SELECT SECTOR SPDR	xlu	81369Y886	9,827	140,119	SH		SOLE		74,485	0	65,634
HEALTH CARE SELECT SECTOR SPDR	xlv	81369Y209	4,110	32,049	SH		SOLE		20,313	0	11,736
CONSUMER DISC SELECT SECTOR SPDR	xly	81369Y407	279	2,029	SH		SOLE		2,029	0	0
EXXON MOBIL CORPORATION	xom	30231g102	4,057	47,370	SH		SOLE		47,348	0	22
YUM! BRANDS INC	yum	988498101	254	2,238	SH		SOLE		2,238	0	0