Arbor Investment Advisors 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
AbbVie Inc.	COM	00287Y109	307	2,288	SH		SOLE		0	0	2,288
Accenture plc	COM	G1151C101	203	789	SH		SOLE		0	0	789
Allstate Corporation	COM	020002101	510	4,093	SH		SOLE		0	0	4,093
Alphabet Inc. Cl C	COM	02079K107	379	3,941	SH		SOLE		0	0	3,941
Amazon.com Inc.	COM	023135106	206	1,820	SH		SOLE		0	0	1,820
Apple Inc.	COM	037833100	2,413	17,459	SH		SOLE		0	0	17,459
Armada Hoffler Properties Inc.	COM	04208T108	253	24,400	SH		SOLE		0	0	24,400
Bank of America Corp.	COM	060505104	276	9,144	SH		SOLE		0	0	9,144
Berkshire Hathaway Inc.	COM	084670702	539	2,020	SH		SOLE		0	0	2,020
Bristol-Myers Squibb Co.	COM	110122108	233	3,279	SH		SOLE		0	0	3,279
Cadence Bank	COM	12740C103	1,438	56,597	SH		SOLE		0	0	56,597
Cisco Systems Inc.	COM	17275R102	217	5,423	SH		SOLE		0	0	5,423
Coca-Cola Co.	COM	191216100	560	9,993	SH		SOLE		0	0	9,993
Costco Wholesale Corp.	COM	22160K105	291	616	SH		SOLE		0	0	616
Danaher Corp.	COM	235851102	213	824	SH		SOLE		0	0	824
Discover Financial Services	COM	254709108	273	3,001	SH		SOLE		0	0	3,001
Duke Energy Corp.	COM	26441C204	391	4,199	SH		SOLE		0	0	4,199
Exxon Mobil Corp.	COM	30231G102	606	6,943	SH		SOLE		0	0	6,943
FactSet Research Systems Inc.	COM	303075105	200	500	SH		SOLE		0	0	500
First Trust NASDAQ Clean Edge Green Energy Idx EFT	COM	33733E500	240	4,209	SH		SOLE		0	0	4,209
Global Payments Inc.	COM	37940X102	253	2,346	SH		SOLE		0	0	2,346
Home Depot Inc.	COM	437076102	624	2,261	SH		SOLE		0	0	2,261
IBM Corp.	COM	459200101	238	2,005	SH		SOLE		0	0	2,005
Invesco FTSE RAFI US 1000 ETF	COM	46137V613	60,022	432,526	SH		SOLE		0	0	432,526
Invesco FTSE RAFI US 1500 Small-Mid ETF	COM	46137V597	22,338	153,303	SH		SOLE		0	0	153,303
Invesco S&P 500 Equal Weight Technology ETF	COM	46137V282	215	948	SH		SOLE		0	0	948
iShares 0-5 Year TIPS Bond ETF	COM	46429B747	19,275	200,547	SH		SOLE		0	0	200,547
iShares Cohen & Steers REIT ETF	COM	464287564	211	3,941	SH		SOLE		0	0	3,941
iShares Core MSCI EAFE ETF	COM	46432F842	6,045	114,771	SH		SOLE		0	0	114,771
iShares Core MSCI Emerging Markets ETF	COM	46434G103	2,635	61,314	SH		SOLE		0	0	61,314
iShares Core MSCI Intl Developed Markets ETF	COM	46435G326	3,370	69,748	SH		SOLE		0	0	69,748
iShares Core S&P 500 ETF	COM	464287200	995	2,775	SH		SOLE		0	0	2,775
iShares Core U.S. Aggregate Bond ETF	COM	464287226	7,221	74,950	SH		SOLE		0	0	74,950
iShares ESG MSCI EAFE ETF	COM	46435G516	234	4,173	SH		SOLE		0	0	4,173
iShares Gold Trust ETF	COM	464285204	237	7,516	SH		SOLE		0	0	7,516
iShares MSCI EAFE ETF	COM	464287465	22,632	404,072	SH		SOLE		0	0	404,072
iShares MSCI Emerging Markets ETF	COM	464287234	7,091	203,287	SH		SOLE		0	0	203,287
iShares MSCI KLD 400 Social ETF	COM	464288570	1,133	16,916	SH		SOLE		0	0	16,916
iShares Russell 1000 ETF	COM	464287622	71,312	361,385	SH		SOLE		0	0	361,385
iShares Russell 1000 Growth ETF	COM	464287614	5,227	24,841	SH		SOLE		0	0	24,841
iShares Russell 1000 Value ETF	COM	464287598	4,366	32,106	SH		SOLE		0	0	32,106
iShares Russell 2000 ETF	COM	464287655	7,695	46,657	SH		SOLE		0	0	46,657
iShares Russell 2000 Growth ETF	COM	464287648	231	1,120	SH		SOLE		0	0	1,120
iShares Russell Mid-Cap ETF	COM	464287499	250	4,019	SH		SOLE		0	0	4,019
iShares Russell Mid-Cap Value ETF	COM	464287473	240	2,497	SH		SOLE		0	0	2,497
iShares S&P 500 Growth ETF	COM	464287309	597	10,318	SH		SOLE		0	0	10,318
iShares Select Dividend ETF	COM	464287168	323	3,015	SH		SOLE		0	0	3,015
iShares TIPS Bond ETF	COM	464287176	1,655	15,778	SH		SOLE		0	0	15,778
iShares Treasury Floating Rate Bond ETF	COM	46434V860	2,085	41,286	SH		SOLE		0	0	41,286
iShares U.S. Healthcare ETF	COM	464287762	225	888	SH		SOLE		0	0	888
Johnson & Johnson Inc.	COM	478160104	431	2,636	SH		SOLE		0	0	2,636
JPMorgan Chase & Co.	COM	46625H100	270	2,581	SH		SOLE		0	0	2,581
JPMorgan Ultra-Short Income ETF	COM	46641Q837	16,239	323,751	SH		SOLE		0	0	323,751
Lowes Companies, Inc.	COM	548661107	249	1,325	SH		SOLE		0	0	1,325
Microsoft Corp.	COM	594918104	1,884	8,088	SH		SOLE		0	0	8,088
Morgan Stanley	COM	617446448	432	5,471	SH		SOLE		0	0	5,471
PepsiCo Inc.	COM	713448108	242	1,483	SH		SOLE		0	0	1,483
PIMCO 1-5 Year U.S. TIPS Index ETF	COM	72201R205	929	18,808	SH		SOLE		0	0	18,808
PIMCO Enhanced Short Maturity Active ETF	COM	72201R833	14,457	146,240	SH		SOLE		0	0	146,240
Procter & Gamble Co.	COM	742718109	212	1,677	SH		SOLE		0	0	1,677
Raymond James Financial Inc.	COM	754730109	216	2,181	SH		SOLE		0	0	2,181
South State Corporation	COM	840441109	531	6,715	SH		SOLE		0	0	6,715
SPDR Gold Shares ETF	COM	78463V107	287	1,855	SH		SOLE		0	0	1,855
SPDR S&P 500 ETF	COM	78462F103	420	1,175	SH		SOLE		0	0	1,175
SPDR S&P Homebuilders ETF	COM	78464A888	227	4,158	SH		SOLE		0	0	4,158
Target Corp.	COM	87612E106	226	1,520	SH		SOLE		0	0	1,520
Tesla Inc.	COM	88160R101	248	936	SH		SOLE		0	0	936
Truist Financial Corp.	COM	89832Q109	374	8,597	SH		SOLE		0	0	8,597
UnitedHealth Group Inc.	COM	91324P102	362	717	SH		SOLE		0	0	717
Vanguard FTSE Developed Markets ETF	COM	921943858	51,876	1,426,740	SH		SOLE		0	0	1,426,740
Vanguard FTSE Emerging Markets ETF	COM	922042858	23,662	648,457	SH		SOLE		0	0	648,457
Vanguard Russell 1000 ETF	COM	92206C730	7,406	45,327	SH		SOLE		0	0	45,327
Vanguard Russell 1000 Value ETF	COM	92206C714	288	4,824	SH		SOLE		0	0	4,824
Vanguard Russell 2000 ETF	COM	92206C664	1,842	27,642	SH		SOLE		0	0	27,642
Vanguard Russell 3000 ETF	COM	92206C599	427	2,650	SH		SOLE		0	0	2,650
Vanguard S&P 500 Value ETF	COM	921932703	773	6,224	SH		SOLE		0	0	6,224
Vanguard Short-Term Bond ETF	COM	921937827	12,381	165,473	SH		SOLE		0	0	165,473
Vanguard Short-Term Inflation-Protected Securities ETF	COM	922020805	7,522	156,353	SH		SOLE		0	0	156,353
Vanguard Small-Cap Value Index ETF	COM	922908611	303	2,110	SH		SOLE		0	0	2,110
Vanguard Total Bond Market ETF	COM	921937835	2,448	34,325	SH		SOLE		0	0	34,325
Vanguard Total Stock Market ETF	COM	922908769	1,965	10,951	SH		SOLE		0	0	10,951
Vanguard Total World Stock Index ETF	COM	922042742	4,162	52,765	SH		SOLE		0	0	52,765
Vanguard Value ETF	COM	922908744	1,245	10,080	SH		SOLE		0	0	10,080
Wheels Up Experience Inc.	COM	96328L106	12	10,000	SH		SOLE		0	0	10,000