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	4,949	35,810	SH		SOLE		34,969	0	841
ABBVIE INC	abbv	00287y109	47,534	354,177	SH		SOLE		327,088	0	27,089
ABBOTT LABORATORIES	abt	002824100	40,809	421,759	SH		SOLE		397,098	0	24,661
ACCENTURE PLC-CL A	acn	g1151c101	31,061	120,718	SH		SOLE		111,526	0	9,192
AUTOMATIC DATA PROCESSING	adp	053015103	8,541	37,760	SH		SOLE		35,595	0	2,165
AMEREN CORPORATION	aee	023608102	649	8,060	SH		SOLE		6,835	0	1,225
AMERICAN ELECTRIC POWER	aep	025537101	35,282	408,116	SH		SOLE		377,636	0	30,480
AFLAC INC	afl	001055102	453	8,060	SH		SOLE		7,460	0	600
ALLSTATE CORP	all	020002101	32,913	264,299	SH		SOLE		247,511	0	16,788
AMGEN INC	amgn	031162100	39,468	175,103	SH		SOLE		164,442	0	10,661
AMAZON.COM INC	amzn	023135106	551	4,873	SH		SOLE		4,740	0	133
ANTS SOFTWARE INC	ants	037271103	0	46,666	SH		SOLE		46,666	0	0
APOLLO GLOBAL MANAGEMENT LLC	apo	03769m106	24,973	537,050	SH		SOLE		493,417	0	43,633
ATI PHYSICAL THERAPY INC	atip	00216w109	10	10,000	SH		SOLE		10,000	0	0
ACTIVISION BLIZZARD INC	atvi	00507v109	26,919	362,105	SH		SOLE		340,005	0	22,100
BROADCOM INC	avgo	11135f101	31,418	70,759	SH		SOLE		65,462	0	5,297
AMERICAN EXPRESS CO	axp	025816109	34,794	257,906	SH		SOLE		239,558	0	18,348
BOEING CO	ba	097023105	1,118	9,236	SH		SOLE		9,236	0	0
BANK OF AMERICA CORP	bac	060505104	571	18,920	SH		SOLE		18,837	0	83
BOOZ ALLEN HAMILTON HOLDING CORP	bah	099502106	37,806	409,375	SH		SOLE		379,635	0	29,740
BAXTER INTERNATIONAL INC	bax	071813109	317	5,877	SH		SOLE		5,877	0	0
BECTON DICKINSON & CO	bdx	075887109	223	1,003	SH		SOLE		1,003	0	0
BANK OF NEW YORK MELLON CORP	bk	064058100	907	23,537	SH		SOLE		23,162	0	375
BLACKROCK INC	blk	09247x101	29,031	52,757	SH		SOLE		49,517	0	3,240
BRISTOL MYERS SQUIBB CO	bmy	110122108	39,771	559,450	SH		SOLE		518,338	0	41,113
BP PLC-SPONS ADR	bp	055622104	26,822	939,478	SH		SOLE		864,139	0	75,339
BERKSHIRE HATHAWAY CL A	brk.a	084670108	406	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY CL B	brkb	084670702	1,766	6,615	SH		SOLE		6,615	0	0
BROWN & BROWN INC	bro	115236101	6,048	100,000	SH		SOLE		100,000	0	0
INVESCO BULLETSHARES 2022 CORP BOND	bscm	46138j882	5,998	283,211	SH		SOLE		188,851	0	94,360
INVESCO BULLETSHARES 2023 CORP BOND	bscn	46138j866	8,749	419,228	SH		SOLE		167,333	0	251,895
INVESCO BULLETSHARES 2024 CORP BOND	bsco	46138j841	7,960	390,386	SH		SOLE		154,256	0	236,130
INVESCO BULLETSHARES 2025 CORP BOND	bscp	46138j825	4,457	223,451	SH		SOLE		75,275	0	148,176
INVESCO BULLETSHARES 2026 CORP BOND	bscq	46138j791	2,864	153,671	SH		SOLE		31,005	0	122,666
BLACKSTONE INC	bx	09260d107	328	3,917	SH		SOLE		3,900	0	17
CATERPILLAR INC	cat	149123101	18,549	113,050	SH		SOLE		112,772	0	278
COMMERCE BANCSHARES INC	cbsh	200525103	1,192	18,022	SH		SOLE		12,575	0	5,447
CONSTELLATION ENERGY CORP	ceg	21037t109	17,932	215,552	SH		SOLE		201,962	0	13,590
CIGNA CORP NEW	ci	125523100	38,847	140,004	SH		SOLE		127,929	0	12,075
COLGATE PALMOLIVE CO	cl	194162103	547	7,785	SH		SOLE		6,285	0	1,500
COMCAST CORP CLASS A	cmcsa	20030N101	19,188	654,219	SH		SOLE		601,509	0	52,710
CONOCOPHILLIPS	cop	20825C104	52,568	513,657	SH		SOLE		477,087	0	36,570
COSTCO WHOLESALE CORP	cost	22160K105	932	1,973	SH		SOLE		1,966	0	7
CISCO SYSTEMS INC	csco	17275R102	37,562	939,052	SH		SOLE		883,546	0	55,506
CSX CORP	csx	126408103	1,055	39,600	SH		SOLE		39,600	0	0
CVS HEALTH CORP	cvs	126650100	33,497	351,237	SH		SOLE		320,610	0	30,627
CHEVRON CORPORATION	cvx	166764100	42,561	296,242	SH		SOLE		273,568	0	22,673
DOMINION ENERGY INC	d	25746U109	28,643	414,462	SH		SOLE		382,124	0	32,338
DEERE & CO	de	244199105	58,413	174,948	SH		SOLE		164,417	0	10,531
DISCOVER FINANCIAL SERVICES	dfs	254709108	34,534	379,829	SH		SOLE		354,615	0	25,214
ISHARES CORE DIVIDEND GROWTH ETF	dgro	46434v621	18,741	421,421	SH		SOLE		217,669	0	203,752
QUEST DIAGNOSTICS INC	dgx	74834L100	636	5,180	SH		SOLE		4,300	0	880
DANAHER CORP	dhr	235851102	213	823	SH		SOLE		823	0	0
THE WALT DISNEY CO	dis	254687106	26,681	282,847	SH		SOLE		265,448	0	17,399
DOW INC	dow	260557103	221	5,042	SH		SOLE		5,042	0	0
AMDOCS LTD	dox	g02602103	27,122	341,374	SH		SOLE		313,059	0	28,315
DARDEN RESTAURANTS INC	dri	237194105	679	5,375	SH		SOLE		5,375	0	0
DTE ENERGY COMPANY	dte	233331107	28,370	246,592	SH		SOLE		227,143	0	19,449
DT MIDSTREAM INC	dtm	23345m107	6,245	120,352	SH		SOLE		107,672	0	12,680
DUKE ENERGY HOLDING CORP	duk	26441c204	30,363	326,415	SH		SOLE		301,038	0	25,377
CONSOLIDATED EDISON INC	ed	209115104	2,095	24,434	SH		SOLE		24,434	0	0
EDISON INTERNATIONAL	eix	281020107	315	5,560	SH		SOLE		5,560	0	0
EASTMAN CHEMICAL COMPANY	emn	277432100	24,015	338,003	SH		SOLE		312,839	0	25,164
EMERSON ELECTRIC CO	emr	291011104	231	3,150	SH		SOLE		3,150	0	0
ENBRIDGE INC	enb	29250n105	29,674	799,834	SH		SOLE		736,042	0	63,792
EOG RESOURCES INC	eog	26875P101	26,517	237,329	SH		SOLE		220,714	0	16,615
ENTERPRISE PRODUCTS	epd	293792107	272	11,440	SH		SOLE		11,440	0	0
EVERSOURCE ENERGY	es	30040w108	31,690	406,496	SH		SOLE		376,708	0	29,788
EATON CORPORATION PLC F	etn	G29183103	26,432	198,197	SH		SOLE		181,693	0	16,504
ENTERGY CORP	etr	29364G103	30,016	298,277	SH		SOLE		273,741	0	24,536
EVERGY INC	evrg	30034w106	32,840	552,867	SH		SOLE		505,778	0	47,089
EXELON CORPORATION	exc	30161N101	28,516	761,238	SH		SOLE		704,232	0	57,006
FIRSTENERGY CORP	fe	337932107	34,295	926,888	SH		SOLE		857,230	0	69,659
FIRST HORIZON CORP	fhn	320517105	461	20,142	SH		SOLE		20,142	0	0
FIDELITY NATIONAL INFORMATION	fis	31620M106	21,676	286,827	SH		SOLE		265,472	0	21,355
GENERAL DYNAMICS CORP	gd	369550108	8,414	39,656	SH		SOLE		38,726	0	930
GENERAL MILLS INC	gis	370334104	37,125	484,594	SH		SOLE		451,670	0	32,924
SPDR GOLD TRUST	gld	78463v107	818	5,286	SH		SOLE		4,986	0	300
ALPHABET INC CL C	goog	02079k107	636	6,610	SH		SOLE		6,610	0	0
ALPHABET INC CL A	googl	02079k305	442	4,620	SH		SOLE		4,560	0	60
GENUINE PARTS CO	gpc	372460105	40,302	269,906	SH		SOLE		248,456	0	21,450
HOME DEPOT INC	hd	437076102	32,087	116,283	SH		SOLE		106,874	0	9,409
HONEYWELL INTERNATL INC	hon	438516106	38,711	231,842	SH		SOLE		218,827	0	13,015
THE HERSHEY COMPANY	hsy	427866108	305	1,383	SH		SOLE		1,383	0	0
INTL BUSINESS MACHINES CORP	ibm	459200101	1,611	13,561	SH		SOLE		13,561	0	0
INTERCONTINENTIAL EXCHANGE INC	ice	45866F104	23,941	264,985	SH		SOLE		244,770	0	20,215
ISHARES GLOBAL CLEAN ENERGY ETF	icln	464288224	303	15,847	SH		SOLE		15,847	0	0
INTEL CORPORATION	intc	458140100	4,731	183,573	SH		SOLE		180,223	0	3,350
ILLINOIS TOOL WORKS	itw	452308109	449	2,485	SH		SOLE		2,485	0	0
ISHARES S&P500 VALUE INDEX ETF	ive	464287408	270	2,098	SH		SOLE		2,098	0	0
ISHARES RUSSELL 2000 GROWTH ETF	iwo	464287648	207	1,000	SH		SOLE		1,000	0	0
ISHARES RUSSELL MIDCAP GROWTH ETF	iwp	464287481	325	4,147	SH		SOLE		4,147	0	0
JOHNSON & JOHNSON	jnj	478160104	47,968	293,633	SH		SOLE		272,283	0	21,350
JP MORGAN CHASE & CO	jpm	46625H100	38,644	369,797	SH		SOLE		346,039	0	23,758
KIMBERLY CLARK CORP	kmb	494368103	26,747	237,667	SH		SOLE		219,957	0	17,710
COCA COLA CO	ko	191216100	32,695	583,631	SH		SOLE		542,604	0	41,027
LINCOLN ELECTRIC HOLDINGS INC	leco	533900106	27,379	217,780	SH		SOLE		199,740	0	18,040
ELI LILLY & CO	lly	532457108	1,098	3,396	SH		SOLE		2,535	0	861
LOCKHEED MARTIN CORP	lmt	539830109	31,290	81,001	SH		SOLE		73,822	0	7,179
ALLIANT ENERGY CORP	lnt	018802108	33,875	639,279	SH		SOLE		594,087	0	45,192
LOWES COS INC	low	548661107	1,047	5,573	SH		SOLE		5,573	0	0
LAM RESEARCH CORP	lrcx	512807108	23,524	64,272	SH		SOLE		58,737	0	5,535
MASTERCARD INC	ma	57636q104	265	933	SH		SOLE		849	0	84
MCDONALDS CORPORATION	mcd	580135101	1,327	5,753	SH		SOLE		5,753	0	0
MONDELEZ INTL INC	mdlz	609207105	27,275	497,440	SH		SOLE		457,803	0	39,637
MEDTRONIC PLC	mdt	g5960l103	22,572	279,532	SH		SOLE		255,564	0	23,968
METLIFE INC	met	59156r108	267	4,389	SH		SOLE		4,389	0	0
META PLATFORMS INC CL A	meta	30303m102	347	2,558	SH		SOLE		2,549	0	9
MCCORMICK & CO INC	mkc	579780206	3,013	42,282	SH		SOLE		42,252	0	30
MARSH & MCLENNAN COS	mmc	571748102	38,618	258,680	SH		SOLE		240,875	0	17,805
3M COMPANY	mmm	88579y101	2,121	19,192	SH		SOLE		19,049	0	143
ALTRIA GROUP INC	mo	02209S103	248	6,151	SH		SOLE		6,151	0	0
MERCK AND CO INC NEW	mrk	58933y105	31,371	364,272	SH		SOLE		335,594	0	28,678
MICROSOFT CORP	msft	594918104	77,854	334,281	SH		SOLE		320,810	0	13,471
NEXTERA ENERGY INC	nee	65339f101	47,568	606,656	SH		SOLE		562,726	0	43,930
NATIONAL FUEL GAS CO	nfg	636180101	277	4,500	SH		SOLE		4,500	0	0
NORTHROP GRUMMAN CORP	noc	666807102	661	1,405	SH		SOLE		1,405	0	0
NORFOLK SOUTHERN CORP	nsc	655844108	5,330	25,425	SH		SOLE		25,080	0	345
NESTLE SA SPONSORED ADR	nsrgy	641069406	261	2,427	SH		SOLE		2,427	0	0
OGE ENERGY CORP	oge	670837103	379	10,400	SH		SOLE		10,400	0	0
OMNICOM GROUP	omc	681919106	26,185	415,046	SH		SOLE		378,983	0	36,063
ORACLE CORP	orcl	68389X105	35,610	583,102	SH		SOLE		551,169	0	31,933
O'REILLY AUTOMOTIVE INC	orly	67103h107	297	422	SH		SOLE		422	0	0
PAYCHEX INC	payx	704326107	218	1,940	SH		SOLE		600	0	1,340
PHILLIPS EDISON & CO INC	peco	71844v201	558	19,882	SH		SOLE		19,882	0	0
PEPSICO INC	pep	713448108	42,941	263,024	SH		SOLE		245,402	0	17,622
PFIZER INC	pfe	717081103	1,096	25,048	SH		SOLE		24,248	0	800
PROCTER & GAMBLE CO	pg	742718109	36,712	290,792	SH		SOLE		272,304	0	18,488
PROGRESSIVE CORP	pgr	743315103	616	5,301	SH		SOLE		4,266	0	1,035
POLARIS INDUSTRIES INC	pii	731068102	19,006	198,703	SH		SOLE		179,690	0	19,013
PHILIP MORRIS INTL	pm	718172109	25,184	303,391	SH		SOLE		275,176	0	28,215
PNC FINANCIAL SERVICES GROUP	pnc	693475105	33,202	222,207	SH		SOLE		206,083	0	16,124
PORTLAND GENERAL ELECTRIC CO	por	736508847	1,832	42,147	SH		SOLE		40,147	0	2,000
PPG INDUSTRIES INC	ppg	693506107	25,732	232,469	SH		SOLE		216,022	0	16,447
PRIMERICA INC	pri	74164m108	281	2,280	SH		SOLE		1,515	0	765
PHILLIPS 66	psx	718546104	392	4,856	SH		SOLE		4,856	0	0
QUALCOMM INC	qcom	747525103	39,237	347,288	SH		SOLE		323,908	0	23,380
INVESCO QQQ TRUST SERIES 1	qqq	46090e103	301	1,125	SH		SOLE		1,054	0	71
REGIONS FINANCIAL CORP	rf	7591EP100	30,953	1,542,236	SH		SOLE		1,420,358	0	121,878
RLI CORP	rli	749607107	15,958	155,870	SH		SOLE		155,870	0	0
RPM INTERNATIONAL INC	rpm	749685103	3,687	44,254	SH		SOLE		43,154	0	1,100
INVESCO S&P 500 EQUAL WEIGHT ETF	rsp	46137v357	11,348	89,157	SH		SOLE		89,157	0	0
RAYTHEON TECHNOLOGIES CORP	rtx	75513e101	511	6,238	SH		SOLE		6,238	0	0
STARBUCKS CORP	sbux	855244109	27,386	325,019	SH		SOLE		302,419	0	22,600
SCHWAB US DVD EQUITY ETF	schd	808524797	20,558	309,467	SH		SOLE		167,010	0	142,457
CHARLES SCHWAB CORP	schw	808513105	36,886	513,226	SH		SOLE		472,769	0	40,457
SCHWAB US AGGREGATE BOND ETF	schz	808524839	600	13,243	SH		SOLE		5,748	0	7,495
SHELL PLC ADR	shel	780259305	399	8,010	SH		SOLE		8,010	0	0
SOUTHERN CO	so	842587107	35,180	517,358	SH		SOLE		477,993	0	39,365
S&P GLOBAL INC	spgi	78409v104	35,011	114,657	SH		SOLE		108,153	0	6,504
SPDR S&P 500 ETF TRUST	spy	78462f103	1,081	3,027	SH		SOLE		2,252	0	775
SEMPRA	sre	816851109	202	1,346	SH		SOLE		1,346	0	0
CONSTELLATION BRANDS INC	stz	21036p108	25,297	110,140	SH		SOLE		102,168	0	7,972
STANLEY BLACK & DECKER INC.	swk	854502101	16,532	219,809	SH		SOLE		202,813	0	16,996
STRYKER CORP	syk	863667101	827	4,083	SH		SOLE		4,075	0	8
AT&T INC	t	00206R102	23,732	1,547,098	SH		SOLE		1,429,963	0	117,135
TRUIST FINANCIAL CORP	tfc	89832q109	28,782	661,040	SH		SOLE		610,036	0	51,003
TARGET CORP	tgt	87612e106	39,112	263,574	SH		SOLE		246,170	0	17,404
T ROWE PRICE ASSOCIATES	trow	74144t108	677	6,443	SH		SOLE		6,368	0	75
TC ENERGY CORP	trp	87807b107	1,028	25,511	SH		SOLE		24,336	0	1,175
TRAVELERS COMPANIES INC	trv	89417e109	1,047	6,831	SH		SOLE		6,831	0	0
TESLA INC	tsla	88160r101	224	846	SH		SOLE		846	0	0
TEXAS INSTRUMENTS INC	txn	882508104	42,685	275,778	SH		SOLE		259,984	0	15,794
UNITEDHEALTH GROUP	unh	91324P102	73,262	145,062	SH		SOLE		136,858	0	8,204
UNION PACIFIC CORP	unp	907818108	915	4,696	SH		SOLE		4,684	0	12
UNITED PARCEL SERVICE B	ups	911312106	4,131	25,573	SH		SOLE		25,573	0	0
US BANCORP	usb	902973304	24,840	616,079	SH		SOLE		566,091	0	49,988
VISA INC CLASS A SHARES	v	92826c839	298	1,677	SH		SOLE		1,665	0	12
VANGUARD SHORT-TERM CORPORATE ETF	vcsh	92206c409	637	8,572	SH		SOLE		5,182	0	3,390
VERU INC	veru	92536c103	173	15,000	SH		SOLE		15,000	0	0
VANGUARD DIVIDEND APPRECIATION ETF	vig	921908844	841	6,221	SH		SOLE		5,296	0	925
VANGUARD S&P 500 ETF	voo	922908363	429	1,306	SH		SOLE		606	0	700
VERIZON COMMUNICATIONS	vz	92343v104	29,776	784,196	SH		SOLE		727,436	0	56,760
WARNER BROS DISCOVERY INC	wbd	934423104	1,283	111,561	SH		SOLE		100,813	0	10,748
WEC ENERGY GROUP INC	wec	92939u106	269	3,003	SH		SOLE		2,988	0	15
WASTE MANAGEMENT INC	wm	94106L109	273	1,703	SH		SOLE		1,692	0	11
WILLIAMS COS INC	wmb	969457100	27,411	957,425	SH		SOLE		870,800	0	86,625
WALMART INC	wmt	931142103	1,161	8,951	SH		SOLE		8,801	0	150
WORTHINGTON INDUSTRIES INC	wor	981811102	212	5,563	SH		SOLE		5,563	0	0
WILLIAMS SONOMA	wsm	969904101	212	1,800	SH		SOLE		1,800	0	0
XCEL ENERGY	xel	98389B100	36,356	568,055	SH		SOLE		525,807	0	42,248
COMMUNICATION SERV SEL SEC SPDR ETF	xlc	81369y852	1,706	35,626	SH		SOLE		18,207	0	17,419
ENERGY SELECT SECTOR SPDR	xle	81369y506	4,632	64,322	SH		SOLE		34,924	0	29,398
FINANCIAL SELECT SECTOR SPDR	xlf	81369y605	4,007	131,998	SH		SOLE		73,728	0	58,270
INDUSTRIAL SELECT SECTOR SPDR	xli	81369y704	659	7,952	SH		SOLE		7,952	0	0
TECHNOLOGY SELECT SECTOR SPDR	xlk	81369y803	637	5,362	SH		SOLE		5,362	0	0
UTILITIES SELECT SECTOR SPDR	xlu	81369Y886	9,188	140,246	SH		SOLE		73,543	0	66,703
HEALTH CARE SELECT SECTOR SPDR	xlv	81369y209	3,845	31,750	SH		SOLE		20,012	0	11,738
CONSUMER DISC SELECT SECTOR SPDR	xly	81369Y407	218	1,529	SH		SOLE		1,529	0	0
EXXON MOBIL CORPORATION	xom	30231g102	4,166	47,714	SH		SOLE		47,648	0	66
YUM! BRANDS INC	yum	988498101	238	2,238	SH		SOLE		2,238	0	0