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
Abbott Laboratories	COM	002824100	230,175	2,273	SH		SOLE		0	0	2,273
AbbVie Inc.	COM	00287Y109	440,060	2,761	SH		SOLE		0	0	2,761
Allstate Corporation	COM	020002101	483,686	4,365	SH		SOLE		0	0	4,365
Alphabet Inc.	COM	02079K107	389,104	3,741	SH		SOLE		0	0	3,741
Alphabet Inc. Cl A	COM	02079K305	252,583	2,435	SH		SOLE		0	0	2,435
Apple Inc.	COM	037833100	11,489,139	69,673	SH		SOLE		0	0	69,673
Armada Hoffler Properties Inc.	COM	04208T108	288,164	24,400	SH		SOLE		0	0	24,400
ASM Lithography Holdings	ADR	N07059210	703,854	1,034	SH		SOLE		0	0	1,034
Bank of America Corp.	COM	060505104	693,696	24,255	SH		SOLE		0	0	24,255
Berkshire Hathaway Inc.	COM	084670702	1,759,323	5,698	SH		SOLE		0	0	5,698
Bristol-Myers Squibb Co.	COM	110122108	252,422	3,642	SH		SOLE		0	0	3,642
Cadence Bank	COM	12740C103	1,285,586	61,926	SH		SOLE		0	0	61,926
Chevron Corp.	COM	166764100	344,043	2,109	SH		SOLE		0	0	2,109
Cisco Systems Inc.	COM	17275R102	1,846,745	35,328	SH		SOLE		0	0	35,328
Citigroup Inc.	COM	172967424	381,341	8,133	SH		SOLE		0	0	8,133
Coca-Cola Co.	COM	191216100	783,415	12,630	SH		SOLE		0	0	12,630
Costco Wholesale Corp.	COM	22160K105	912,582	1,837	SH		SOLE		0	0	1,837
Dimensional U.S. Core Equity 2 ETF	COM	25434V708	268,170	10,525	SH		SOLE		0	0	10,525
Discover Financial Services	COM	254709108	296,619	3,001	SH		SOLE		0	0	3,001
Duke Energy Corp.	COM	26441C204	1,061,490	11,003	SH		SOLE		0	0	11,003
Enbridge Inc.	COM	29250N105	341,757	8,958	SH		SOLE		0	0	8,958
Exxon Mobil Corp.	COM	30231G102	764,603	6,972	SH		SOLE		0	0	6,972
FactSet Research Systems Inc.	COM	303075105	207,545	500	SH		SOLE		0	0	500
First Trust NASDAQ Clean Edge Green Energy Idx EFT	COM	33733E500	220,212	4,216	SH		SOLE		0	0	4,216
Global Payments Inc.	COM	37940X102	246,918	2,346	SH		SOLE		0	0	2,346
Halozyme Therapeutics, Inc.	COM	40637H109	685,511	17,950	SH		SOLE		0	0	17,950
Home Depot Inc.	COM	437076102	667,197	2,261	SH		SOLE		0	0	2,261
IBM Corp.	COM	459200101	386,851	2,951	SH		SOLE		0	0	2,951
Invesco FTSE RAFI US 1000 ETF	COM	46137V613	69,005,888	440,145	SH		SOLE		0	0	440,145
Invesco FTSE RAFI US 1500 Small-Mid ETF	COM	46137V597	25,668,766	156,022	SH		SOLE		0	0	156,022
Invesco QQQ ETF	COM	46090E103	235,884	735	SH		SOLE		0	0	735
Invesco S&P 500 Equal Weight Technology ETF	COM	46137V282	221,060	801	SH		SOLE		0	0	801
iShares 0-5 Year TIPS Bond ETF	COM	46429B747	23,709,784	238,938	SH		SOLE		0	0	238,938
iShares Cohen & Steers REIT ETF	COM	464287564	224,011	4,033	SH		SOLE		0	0	4,033
iShares Core Aggressive Allocation ETF	COM	464289859	272,150	4,280	SH		SOLE		0	0	4,280
iShares Core MSCI EAFE ETF	COM	46432F842	9,656,606	144,452	SH		SOLE		0	0	144,452
iShares Core MSCI Emerging Markets ETF	COM	46434G103	4,934,797	101,144	SH		SOLE		0	0	101,144
iShares Core MSCI Intl Developed Markets ETF	COM	46435G326	3,187,839	52,718	SH		SOLE		0	0	52,718
iShares Core S&P 500 ETF	COM	464287200	1,271,139	3,092	SH		SOLE		0	0	3,092
iShares Core U.S. Aggregate Bond ETF	COM	464287226	7,506,501	75,336	SH		SOLE		0	0	75,336
iShares Gold Trust ETF	COM	464285204	332,145	8,888	SH		SOLE		0	0	8,888
iShares MSCI EAFE ETF	COM	464287465	28,331,204	396,130	SH		SOLE		0	0	396,130
iShares MSCI Emerging Markets ETF	COM	464287234	7,845,795	198,829	SH		SOLE		0	0	198,829
iShares MSCI KLD 400 Social ETF	COM	464288570	253,960	3,256	SH		SOLE		0	0	3,256
iShares MSCI World ETF	COM	464286392	245,734	2,088	SH		SOLE		0	0	2,088
iShares Russell 1000 ETF	COM	464287622	80,129,869	355,769	SH		SOLE		0	0	355,769
iShares Russell 1000 Growth ETF	COM	464287614	6,706,003	27,446	SH		SOLE		0	0	27,446
iShares Russell 1000 Value ETF	COM	464287598	6,018,619	39,529	SH		SOLE		0	0	39,529
iShares Russell 2000 ETF	COM	464287655	8,775,503	49,190	SH		SOLE		0	0	49,190
iShares Russell 2000 Growth ETF	COM	464287648	254,142	1,120	SH		SOLE		0	0	1,120
iShares Russell Mid-Cap ETF	COM	464287499	290,957	4,161	SH		SOLE		0	0	4,161
iShares Russell Mid-Cap Value ETF	COM	464287473	265,230	2,497	SH		SOLE		0	0	2,497
iShares S&P 500 Growth ETF	COM	464287309	659,217	10,318	SH		SOLE		0	0	10,318
iShares Select Dividend ETF	COM	464287168	348,659	2,975	SH		SOLE		0	0	2,975
iShares TIPS Bond ETF	COM	464287176	2,159,390	19,586	SH		SOLE		0	0	19,586
iShares Treasury Floating Rate Bond ETF	COM	46434V860	33,373,981	659,695	SH		SOLE		0	0	659,695
iShares U.S. Healthcare ETF	COM	464287762	207,253	759	SH		SOLE		0	0	759
Johnson & Johnson Inc.	COM	478160104	398,665	2,572	SH		SOLE		0	0	2,572
JPMorgan Chase & Co.	COM	46625H100	336,357	2,581	SH		SOLE		0	0	2,581
JPMorgan Ultra-Short Income ETF	COM	46641Q837	16,080,331	319,561	SH		SOLE		0	0	319,561
Lowes Companies, Inc.	COM	548661107	4,542,219	22,715	SH		SOLE		0	0	22,715
Microsoft Corp.	COM	594918104	2,406,396	8,347	SH		SOLE		0	0	8,347
Moderna, Inc.	COM	60770K107	767,900	5,000	SH		SOLE		0	0	5,000
Morgan Stanley	COM	617446448	577,782	6,581	SH		SOLE		0	0	6,581
Motorola Solutions Inc.	COM	620076307	446,935	1,562	SH		SOLE		0	0	1,562
Nike Inc.	COM	654106103	289,896	2,364	SH		SOLE		0	0	2,364
NVIDIA Corporation	COM	67066G104	239,957	864	SH		SOLE		0	0	864
ONEOK Inc.	COM	682680103	635,400	10,000	SH		SOLE		0	0	10,000
Park National Corp.	COM	700658107	485,188	4,092	SH		SOLE		0	0	4,092
PepsiCo Inc.	COM	713448108	263,075	1,443	SH		SOLE		0	0	1,443
Pfizer Inc.	COM	717081103	312,120	7,650	SH		SOLE		0	0	7,650
PIMCO 1-5 Year U.S. TIPS Index ETF	COM	72201R205	1,122,394	21,990	SH		SOLE		0	0	21,990
PIMCO Enhanced Short Maturity Active ETF	COM	72201R833	14,727,711	148,390	SH		SOLE		0	0	148,390
Procter & Gamble Co.	COM	742718109	246,213	1,656	SH		SOLE		0	0	1,656
Public Service Enterprise Group Inc.	COM	744573106	374,700	6,000	SH		SOLE		0	0	6,000
Raymond James Financial Inc.	COM	754730109	203,422	2,181	SH		SOLE		0	0	2,181
Raytheon Technologies Corp.	COM	75513E101	216,817	2,214	SH		SOLE		0	0	2,214
South State Corporation	COM	840441109	266,156	3,735	SH		SOLE		0	0	3,735
SPDR Gold Shares ETF	COM	78463V107	343,721	1,876	SH		SOLE		0	0	1,876
SPDR S&P 500 ETF	COM	78462F103	430,110	1,051	SH		SOLE		0	0	1,051
SPDR S&P Homebuilders ETF	COM	78464A888	219,542	3,240	SH		SOLE		0	0	3,240
Target Corp.	COM	87612E106	241,185	1,456	SH		SOLE		0	0	1,456
Tesla Inc.	COM	88160R101	810,339	3,906	SH		SOLE		0	0	3,906
TowneBank	COM	89214P109	465,815	17,479	SH		SOLE		0	0	17,479
Truist Financial Corp.	COM	89832Q109	2,306,883	67,651	SH		SOLE		0	0	67,651
Union Pacific Corp.	COM	907818108	268,450	1,334	SH		SOLE		0	0	1,334
UnitedHealth Group Inc.	COM	91324P102	338,847	717	SH		SOLE		0	0	717
Vanguard ESG International Stock ETF	COM	921910725	537,088	10,258	SH		SOLE		0	0	10,258
Vanguard ESG U.S. Stock ETF	COM	921910733	841,526	11,735	SH		SOLE		0	0	11,735
Vanguard FTSE Developed Markets ETF	COM	921943858	66,235,509	1,466,361	SH		SOLE		0	0	1,466,361
Vanguard FTSE Emerging Markets ETF	COM	922042858	27,930,991	691,361	SH		SOLE		0	0	691,361
Vanguard Russell 1000 ETF	COM	92206C730	9,372,458	50,300	SH		SOLE		0	0	50,300
Vanguard Russell 1000 Value ETF	COM	92206C714	869,993	13,022	SH		SOLE		0	0	13,022
Vanguard Russell 2000 ETF	COM	92206C664	1,800,846	24,984	SH		SOLE		0	0	24,984
Vanguard Russell 3000 ETF	COM	92206C599	472,103	2,576	SH		SOLE		0	0	2,576
Vanguard S&P 500 Value ETF	COM	921932703	1,318,599	8,988	SH		SOLE		0	0	8,988
Vanguard Short-Term Bond ETF	COM	921937827	14,949,437	195,443	SH		SOLE		0	0	195,443
Vanguard Short-Term Inflation-Protected Securities ETF	COM	922020805	4,385,917	91,717	SH		SOLE		0	0	91,717
Vanguard Small-Cap Value Index ETF	COM	922908611	343,306	2,162	SH		SOLE		0	0	2,162
Vanguard Total Bond Market ETF	COM	921937835	5,039,294	68,255	SH		SOLE		0	0	68,255
Vanguard Total Stock Market ETF	COM	922908769	2,203,241	10,795	SH		SOLE		0	0	10,795
Vanguard Total World Stock Index ETF	COM	922042742	4,958,412	53,843	SH		SOLE		0	0	53,843
Vanguard Value ETF	COM	922908744	1,439,679	10,424	SH		SOLE		0	0	10,424
Wells Fargo & Co.	COM	949746101	329,562	8,817	SH		SOLE		0	0	8,817
Wheels Up Experience Inc.	COM	96328L106	6,328	10,000	SH		SOLE		0	0	10,000