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	6,852	35,323	SH		SOLE		32,634	0	2,689
ABBVIE INC	abbv	00287y109	47,239	350,622	SH		SOLE		324,757	0	25,865
ABBOTT LABORATORIES	abt	002824100	45,140	414,055	SH		SOLE		388,019	0	26,036
ACCENTURE PLC-CL A	acn	g1151c101	38,503	124,774	SH		SOLE		115,110	0	9,664
ARCHER DANIELS MIDLAND	adm	039483102	209	2,772	SH		SOLE		1,632	0	1,140
AUTOMATIC DATA PROCESSING	adp	053015103	6,889	31,343	SH		SOLE		30,428	0	915
AMEREN CORPORATION	aee	023608102	645	7,895	SH		SOLE		6,453	0	1,442
AMERICAN ELECTRIC POWER	aep	025537101	35,552	422,230	SH		SOLE		391,450	0	30,780
AFLAC INC	afl	001055102	430	6,160	SH		SOLE		5,560	0	600
AMERICAN INTERNATIONAL GRP	aig	026874784	25,359	440,722	SH		SOLE		402,612	0	38,110
ALAMO GROUP INC	alg	011311107	276	1,500	SH		SOLE		1,500	0	0
ALLSTATE CORP	all	020002101	29,568	271,163	SH		SOLE		253,094	0	18,069
APPLIED MATERIALS INC	amat	038222105	350	2,423	SH		SOLE		1,923	0	500
AMGEN INC	amgn	031162100	38,637	174,026	SH		SOLE		163,787	0	10,239
AMAZON.COM INC	amzn	023135106	817	6,268	SH		SOLE		4,605	0	1,663
VANECK VECTORS FALLEN ANGEL HIGH YI	angl	92189f437	288	10,369	SH		SOLE		0	0	10,369
ANTS SOFTWARE INC	ants	037271103	0	46,666	SH		SOLE		46,666	0	0
APOLLO GLOBAL MANAGEMENT LLC	apo	03769m106	41,931	545,910	SH		SOLE		502,227	0	43,683
ACTIVISION BLIZZARD INC	atvi	00507v109	31,963	379,163	SH		SOLE		356,275	0	22,888
BROADCOM INC	avgo	11135f101	61,518	70,920	SH		SOLE		65,780	0	5,140
AMERICAN EXPRESS CO	axp	025816109	45,033	258,511	SH		SOLE		240,774	0	17,737
BOEING CO	ba	097023105	1,696	8,030	SH		SOLE		8,030	0	0
BANK OF AMERICA CORP	bac	060505104	563	19,616	SH		SOLE		19,204	0	412
BOOZ ALLEN HAMILTON HOLDING CORP	bah	099502106	45,965	411,874	SH		SOLE		382,719	0	29,155
BAXTER INTERNATIONAL INC	bax	071813109	254	5,581	SH		SOLE		5,581	0	0
BANK OF NEW YORK MELLON CORP	bk	064058100	707	15,885	SH		SOLE		15,814	0	71
BLACKROCK INC	blk	09247x101	36,859	53,331	SH		SOLE		50,063	0	3,268
BRISTOL MYERS SQUIBB CO	bmy	110122108	38,069	595,294	SH		SOLE		551,085	0	44,209
BP PLC-SPONS ADR	bp	055622104	33,606	952,283	SH		SOLE		879,937	0	72,346
BERKSHIRE HATHAWAY CL A 1/100	brka	084990175	518	100	SH		SOLE		100	0	0
BERKSHIRE HATHAWAY CL B	brkb	084670702	2,534	7,432	SH		SOLE		4,856	0	2,576
BROWN & BROWN INC	bro	115236101	6,884	100,000	SH		SOLE		100,000	0	0
INVESCO BULLETSHARES 2023 CORP BOND	bscn	46138j866	9,142	431,844	SH		SOLE		184,419	0	247,425
INVESCO BULLETSHARES 2024 CORP BOND	bsco	46138j841	8,805	428,034	SH		SOLE		184,989	0	243,045
INVESCO BULLETSHARES 2025 CORP BOND	bscp	46138j825	6,213	308,647	SH		SOLE		137,306	0	171,341
INVESCO BULLETSHARES 2026 CORP BOND	bscq	46138j791	4,676	246,826	SH		SOLE		94,685	0	152,141
INVESCO BULLETSHARES 2027 CORP BOND	bscr	46138j783	1,274	66,980	SH		SOLE		28,640	0	38,340
BLACKSTONE INC	bx	09260d107	309	3,325	SH		SOLE		3,325	0	0
CATERPILLAR INC	cat	149123101	23,887	97,084	SH		SOLE		96,887	0	197
COMMERCE BANCSHARES INC	cbsh	200525103	915	18,788	SH		SOLE		13,068	0	5,720
CONSTELLATION ENERGY CORP	ceg	21037t109	19,132	208,980	SH		SOLE		197,380	0	11,601
CIGNA GROUP	ci	125523100	39,296	140,042	SH		SOLE		128,402	0	11,640
COLGATE PALMOLIVE CO	cl	194162103	618	8,016	SH		SOLE		6,516	0	1,500
CLOROX COMPANY	clx	189054109	210	1,320	SH		SOLE		1,320	0	0
COMCAST CORP CLASS A	cmcsa	20030N101	29,227	703,407	SH		SOLE		641,053	0	62,354
CONOCOPHILLIPS	cop	20825C104	52,042	502,286	SH		SOLE		467,499	0	34,787
COSTCO WHOLESALE CORP	cost	22160K105	1,064	1,976	SH		SOLE		1,976	0	0
CISCO SYSTEMS INC	csco	17275R102	48,761	942,423	SH		SOLE		887,415	0	55,008
CSX CORP	csx	126408103	1,402	41,100	SH		SOLE		38,600	0	2,500
CVS HEALTH CORP	cvs	126650100	25,551	369,602	SH		SOLE		336,333	0	33,269
CHEVRON CORPORATION	cvx	166764100	46,398	294,874	SH		SOLE		272,235	0	22,639
DOMINION ENERGY INC	d	25746U109	24,615	475,284	SH		SOLE		437,481	0	37,803
DEERE & CO	de	244199105	68,971	170,218	SH		SOLE		160,120	0	10,098
DISCOVER FINANCIAL SERVICES	dfs	254709108	5,676	48,573	SH		SOLE		46,973	0	1,600
ISHARES CORE DIVIDEND GROWTH ETF	dgro	46434v621	23,725	460,411	SH		SOLE		246,771	0	213,640
THE WALT DISNEY CO	dis	254687106	27,034	302,795	SH		SOLE		282,317	0	20,478
AMDOCS LTD	dox	g02602103	34,921	353,274	SH		SOLE		323,099	0	30,175
DARDEN RESTAURANTS INC	dri	237194105	808	4,837	SH		SOLE		4,837	0	0
DTE ENERGY COMPANY	dte	233331107	29,516	268,279	SH		SOLE		247,705	0	20,574
DT MIDSTREAM INC	dtm	23345m107	2,559	51,624	SH		SOLE		45,994	0	5,630
DUKE ENERGY HOLDING CORP	duk	26441c204	31,131	346,897	SH		SOLE		320,968	0	25,929
ISHARES DJ SELECT DIVIDEND ETF	dvy	464287168	232	2,050	SH		SOLE		2,050	0	0
CONSOLIDATED EDISON INC	ed	209115104	2,129	23,549	SH		SOLE		23,549	0	0
EDISON INTERNATIONAL	eix	281020107	385	5,540	SH		SOLE		5,540	0	0
EASTMAN CHEMICAL COMPANY	emn	277432100	28,736	343,238	SH		SOLE		318,064	0	25,174
EMERSON ELECTRIC CO	emr	291011104	285	3,150	SH		SOLE		3,150	0	0
ENBRIDGE INC	enb	29250n105	30,924	832,399	SH		SOLE		768,547	0	63,852
EOG RESOURCES INC	eog	26875P101	31,870	278,484	SH		SOLE		256,929	0	21,555
ENTERPRISE PRODUCTS	epd	293792107	222	8,440	SH		SOLE		8,440	0	0
EVERSOURCE ENERGY	es	30040w108	9,460	133,383	SH		SOLE		126,131	0	7,252
EATON CORPORATION PLC F	etn	G29183103	42,100	209,349	SH		SOLE		192,390	0	16,959
ENTERGY CORP	etr	29364G103	31,533	323,848	SH		SOLE		297,502	0	26,346
EVGO INC	evgo	30052f100	46	11,500	SH		SOLE		11,500	0	0
EVERGY INC	evrg	30034w106	34,455	589,789	SH		SOLE		541,811	0	47,978
EXELON CORPORATION	exc	30161N101	32,854	806,436	SH		SOLE		745,760	0	60,676
FREEPORT MCMORAN INC	fcx	35671D857	218	5,451	SH		SOLE		849	0	4,602
FIRSTENERGY CORP	fe	337932107	37,306	959,509	SH		SOLE		887,100	0	72,409
FIRST HORIZON CORP	fhn	320517105	227	20,142	SH		SOLE		20,142	0	0
GENERAL DYNAMICS CORP	gd	369550108	8,331	38,720	SH		SOLE		37,652	0	1,068
GENERAL ELECTRIC CO	ge	369604301	250	2,278	SH		SOLE		1,697	0	581
GENERAL MILLS INC	gis	370334104	36,736	478,959	SH		SOLE		446,210	0	32,749
SPDR GOLD TRUST	gld	78463v107	746	4,186	SH		SOLE		3,886	0	300
ALPHABET INC CL C	goog	02079k107	722	5,971	SH		SOLE		5,940	0	31
ALPHABET INC CL A	googl	02079k305	649	5,421	SH		SOLE		3,950	0	1,471
GENUINE PARTS CO	gpc	372460105	44,350	262,068	SH		SOLE		242,318	0	19,750
HOME DEPOT INC	hd	437076102	37,524	120,795	SH		SOLE		110,941	0	9,854
HONEYWELL INTERNATL INC	hon	438516106	48,609	234,263	SH		SOLE		220,554	0	13,709
THE HERSHEY COMPANY	hsy	427866108	342	1,370	SH		SOLE		1,370	0	0
INTL BUSINESS MACHINES CORP	ibm	459200101	1,823	13,622	SH		SOLE		13,622	0	0
INTERCONTINENTIAL EXCHANGE INC	ice	45866F104	29,874	264,182	SH		SOLE		242,142	0	22,040
INTEL CORPORATION	intc	458140100	3,052	91,259	SH		SOLE		88,259	0	3,000
INTUITIVE SURGICAL INC	isrg	46120E602	244	714	SH		SOLE		714	0	0
ILLINOIS TOOL WORKS	itw	452308109	626	2,501	SH		SOLE		2,501	0	0
ISHARES S&P500 VALUE INDEX ETF	ive	464287408	325	2,018	SH		SOLE		2,018	0	0
ISHARES RUSSELL 2000 GROWTH ETF	iwo	464287648	243	1,000	SH		SOLE		1,000	0	0
ISHARES RUSSELL MIDCAP GROWTH ETF	iwp	464287481	401	4,147	SH		SOLE		4,147	0	0
ISHARES RUSSELL MIDCAP ETF	iwr	464287499	233	3,194	SH		SOLE		2,500	0	694
JOHNSON & JOHNSON	jnj	478160104	49,008	296,085	SH		SOLE		274,908	0	21,177
JP MORGAN CHASE & CO	jpm	46625H100	53,847	370,236	SH		SOLE		346,741	0	23,495
KIMBERLY CLARK CORP	kmb	494368103	33,810	244,897	SH		SOLE		227,284	0	17,613
COCA COLA CO	ko	191216100	35,938	596,786	SH		SOLE		554,409	0	42,377
LINCOLN ELECTRIC HOLDINGS INC	leco	533900106	44,425	223,655	SH		SOLE		204,980	0	18,675
ELI LILLY & CO	lly	532457108	1,691	3,605	SH		SOLE		2,535	0	1,070
LOCKHEED MARTIN CORP	lmt	539830109	37,772	82,045	SH		SOLE		75,206	0	6,839
ALLIANT ENERGY CORP	lnt	018802108	34,920	665,397	SH		SOLE		617,784	0	47,613
LOWES COS INC	low	548661107	1,348	5,974	SH		SOLE		5,949	0	25
LAM RESEARCH CORP	lrcx	512807108	42,829	66,623	SH		SOLE		60,438	0	6,185
MASTERCARD INC	ma	57636q104	214	545	SH		SOLE		505	0	40
MCDONALDS CORPORATION	mcd	580135101	1,734	5,810	SH		SOLE		5,810	0	0
MONDELEZ INTL INC	mdlz	609207105	37,192	509,904	SH		SOLE		469,911	0	39,993
MEDTRONIC PLC	mdt	g5960l103	28,796	326,861	SH		SOLE		299,588	0	27,273
METLIFE INC	met	59156r108	203	3,591	SH		SOLE		3,591	0	0
META PLATFORMS INC CL A	meta	30303m102	569	1,983	SH		SOLE		1,776	0	207
MCCORMICK & CO INC	mkc	579780206	3,570	40,926	SH		SOLE		40,896	0	30
MARSH & MCLENNAN COS	mmc	571748102	47,941	254,895	SH		SOLE		238,085	0	16,810
3M COMPANY	mmm	88579y101	1,384	13,826	SH		SOLE		13,826	0	0
MERCK AND CO INC NEW	mrk	58933y105	42,072	364,604	SH		SOLE		336,695	0	27,909
MICROSOFT CORP	msft	594918104	112,737	331,054	SH		SOLE		316,620	0	14,434
NEXTERA ENERGY INC	nee	65339f101	45,758	616,682	SH		SOLE		574,597	0	42,085
NATIONAL FUEL GAS CO	nfg	636180101	233	4,535	SH		SOLE		4,535	0	0
NORTHROP GRUMMAN CORP	noc	666807102	621	1,362	SH		SOLE		1,185	0	177
NORFOLK SOUTHERN CORP	nsc	655844108	4,888	21,554	SH		SOLE		21,345	0	209
NESTLE SA SPONSORED ADR	nsrgy	641069406	292	2,427	SH		SOLE		2,427	0	0
NVIDIA CORP	nvda	67066G104	612	1,446	SH		SOLE		1,234	0	212
OGE ENERGY CORP	oge	670837103	373	10,400	SH		SOLE		10,400	0	0
OMNICOM GROUP	omc	681919106	39,259	412,597	SH		SOLE		376,959	0	35,638
ORACLE CORP	orcl	68389X105	69,606	584,485	SH		SOLE		551,969	0	32,516
O'REILLY AUTOMOTIVE INC	orly	67103h107	371	388	SH		SOLE		338	0	50
PAYCHEX INC	payx	704326107	217	1,940	SH		SOLE		600	0	1,340
PHILLIPS EDISON & CO INC	peco	71844v201	678	19,882	SH		SOLE		19,882	0	0
PEPSICO INC	pep	713448108	48,715	263,010	SH		SOLE		244,996	0	18,015
PFIZER INC	pfe	717081103	835	22,773	SH		SOLE		21,773	0	1,000
PROCTER & GAMBLE CO	pg	742718109	45,017	296,670	SH		SOLE		277,725	0	18,945
PROGRESSIVE CORP	pgr	743315103	484	3,658	SH		SOLE		2,623	0	1,035
POLARIS INDUSTRIES INC	pii	731068102	26,381	218,152	SH		SOLE		197,609	0	20,543
PHILIP MORRIS INTL	pm	718172109	30,702	314,505	SH		SOLE		286,249	0	28,256
PNC FINANCIAL SERVICES GROUP	pnc	693475105	29,697	235,787	SH		SOLE		219,557	0	16,230
PORTLAND GENERAL ELECTRIC CO	por	736508847	1,974	42,147	SH		SOLE		40,147	0	2,000
PPG INDUSTRIES INC	ppg	693506107	35,926	242,250	SH		SOLE		225,387	0	16,863
PRIMERICA INC	pri	74164m108	291	1,472	SH		SOLE		1,142	0	330
PHILLIPS 66	psx	718546104	454	4,756	SH		SOLE		4,756	0	0
QUALCOMM INC	qcom	747525103	13,049	109,623	SH		SOLE		94,309	0	15,314
INVESCO QQQ TRUST SERIES 1	qqq	46090e103	375	1,014	SH		SOLE		896	0	118
REGIONS FINANCIAL CORP	rf	7591EP100	29,139	1,635,182	SH		SOLE		1,508,678	0	126,504
REINSURANCE GROUP OF AMERICA INC	rga	759351604	31,844	229,606	SH		SOLE		208,770	0	20,836
RLI CORP	rli	749607107	20,171	147,804	SH		SOLE		147,804	0	0
RPM INTERNATIONAL INC	rpm	749685103	3,732	41,586	SH		SOLE		40,486	0	1,100
INVESCO S&P 500 EQUAL WEIGHT ETF	rsp	46137v357	13,904	92,915	SH		SOLE		92,915	0	0
RTX CORP	rtx	75513e101	508	5,187	SH		SOLE		5,168	0	19
STARBUCKS CORP	sbux	855244109	4,676	47,206	SH		SOLE		36,745	0	10,461
SCHWAB US BROAD MKT ETF	schb	808524102	716	13,850	SH		SOLE		13,850	0	0
SCHWAB US DVD EQUITY ETF	schd	808524797	24,644	339,351	SH		SOLE		187,905	0	151,446
CHARLES SCHWAB CORP	schw	808513105	30,525	538,544	SH		SOLE		497,324	0	41,220
SCHWAB US AGGREGATE BOND ETF	schz	808524839	555	12,028	SH		SOLE		4,533	0	7,495
SERVICE CORP INTL	sci	817565104	28,319	438,447	SH		SOLE		411,532	0	26,915
SHELL PLC ADR	shel	780259305	489	8,093	SH		SOLE		8,093	0	0
SHERWIN WILLIAMS CO	shw	824348106	224	845	SH		SOLE		545	0	300
SIEMENS AG-SPONS ADR	siegy	826197501	242	2,905	SH		SOLE		2,480	0	425
SOUTHERN CO	so	842587107	37,117	528,360	SH		SOLE		490,200	0	38,160
S&P GLOBAL INC	spgi	78409v104	46,764	116,650	SH		SOLE		110,121	0	6,529
SPDR S&P 500 ETF TRUST	spy	78462f103	1,772	3,996	SH		SOLE		3,042	0	954
SEMPRA	sre	816851109	221	1,516	SH		SOLE		1,516	0	0
ISHARES 0-5 YEAR TIPS BOND	stip	46429b747	312	3,200	SH		SOLE		0	0	3,200
CONSTELLATION BRANDS INC	stz	21036p108	30,646	124,512	SH		SOLE		114,860	0	9,652
STANLEY BLACK & DECKER INC.	swk	854502101	23,508	250,856	SH		SOLE		230,960	0	19,896
STRYKER CORP	syk	863667101	1,249	4,095	SH		SOLE		4,095	0	0
AT&T INC	t	00206R102	28,590	1,792,470	SH		SOLE		1,657,103	0	135,367
TRUIST FINANCIAL CORP	tfc	89832q109	21,222	699,227	SH		SOLE		646,960	0	52,267
TARGET CORP	tgt	87612e106	35,662	270,372	SH		SOLE		252,329	0	18,043
T ROWE PRICE ASSOCIATES	trow	74144t108	647	5,777	SH		SOLE		5,777	0	0
TC ENERGY CORP	trp	87807b107	627	15,509	SH		SOLE		15,409	0	100
TRAVELERS COMPANIES INC	trv	89417e109	1,183	6,815	SH		SOLE		6,815	0	0
TESLA INC	tsla	88160r101	221	846	SH		SOLE		846	0	0
TEXAS INSTRUMENTS INC	txn	882508104	49,561	275,307	SH		SOLE		259,802	0	15,505
UNITEDHEALTH GROUP	unh	91324P102	67,661	140,773	SH		SOLE		132,927	0	7,846
UNION PACIFIC CORP	unp	907818108	977	4,776	SH		SOLE		4,776	0	0
UNITED PARCEL SERVICE B	ups	911312106	4,462	24,892	SH		SOLE		24,892	0	0
US BANCORP	usb	902973304	22,973	695,298	SH		SOLE		643,486	0	51,812
VISA INC CLASS A SHARES	v	92826c839	360	1,518	SH		SOLE		1,115	0	403
VANGUARD SHORT-TERM CORPORATE ETF	vcsh	92206c409	663	8,761	SH		SOLE		4,852	0	3,909
VANGUARD FTSE DEV MKTS ETF	vea	921943858	558	12,093	SH		SOLE		1,913	0	10,180
VERU INC	veru	92536c103	18	15,000	SH		SOLE		15,000	0	0
VANGUARD DIVIDEND APPRECIATION ETF	vig	921908844	931	5,729	SH		SOLE		4,804	0	925
VANGUARD S&P 500 ETF	voo	922908363	375	920	SH		SOLE		420	0	500
VERIZON COMMUNICATIONS	vz	92343v104	31,588	849,370	SH		SOLE		786,095	0	63,275
WARNER BROS DISCOVERY INC	wbd	934423104	414	33,009	SH		SOLE		27,507	0	5,502
WEC ENERGY GROUP INC	wec	92939u106	19,351	219,299	SH		SOLE		204,363	0	14,936
WASTE MANAGEMENT INC	wm	94106L109	290	1,675	SH		SOLE		1,675	0	0
WILLIAMS COS INC	wmb	969457100	32,540	997,240	SH		SOLE		912,028	0	85,212
WALMART INC	wmt	931142103	1,422	9,046	SH		SOLE		8,601	0	445
WORTHINGTON INDUSTRIES INC	wor	981811102	386	5,563	SH		SOLE		5,563	0	0
WILLIAMS SONOMA	wsm	969904101	225	1,800	SH		SOLE		1,800	0	0
XCEL ENERGY	xel	98389B100	36,315	584,123	SH		SOLE		541,355	0	42,768
COMMUNICATION SERV SEL SEC SPDR ETF	xlc	81369y852	2,915	44,798	SH		SOLE		24,555	0	20,243
ENERGY SELECT SECTOR SPDR	xle	81369y506	4,405	54,271	SH		SOLE		29,615	0	24,656
FINANCIAL SELECT SECTOR SPDR	xlf	81369y605	4,638	137,581	SH		SOLE		76,976	0	60,605
INDUSTRIAL SELECT SECTOR SPDR	xli	81369y704	900	8,384	SH		SOLE		7,452	0	932
TECHNOLOGY SELECT SECTOR SPDR	xlk	81369y803	667	3,837	SH		SOLE		3,837	0	0
UTILITIES SELECT SECTOR SPDR	xlu	81369Y886	9,624	147,072	SH		SOLE		78,368	0	68,704
HEALTH CARE SELECT SECTOR SPDR	xlv	81369y209	4,294	32,355	SH		SOLE		20,505	0	11,850
EXXON MOBIL CORPORATION	xom	30231g102	5,174	48,238	SH		SOLE		47,772	0	466
YUM! BRANDS INC	yum	988498101	296	2,138	SH		SOLE		2,138	0	0