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
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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	Stock	002824100	249,269	2,193	SH		SOLE		0	0	2,193
AbbVie Inc.	Stock	00287Y109	450,743	2,475	SH		SOLE		0	0	2,475
Accenture plc	Stock	G1151C101	242,246	699	SH		SOLE		0	0	699
Allstate Corporation	Stock	020002101	694,635	4,015	SH		SOLE		0	0	4,015
Alphabet Inc. Cl A	Stock	02079K305	268,957	1,782	SH		SOLE		0	0	1,782
Alphabet Inc. Cl C	Stock	02079K107	683,248	4,487	SH		SOLE		0	0	4,487
Amazon.com Inc.	Stock	023135106	267,323	1,482	SH		SOLE		0	0	1,482
Apple Inc.	Stock	037833100	9,847,309	57,425	SH		SOLE		0	0	57,425
Armada Hoffler Properties Inc.	REIT	04208T108	253,760	24,400	SH		SOLE		0	0	24,400
ASM Lithography Holdings	ADR	N07059210	1,003,466	1,034	SH		SOLE		0	0	1,034
AvidXchange Holdings, Inc.	Stock	05368X102	251,323	19,112	SH		SOLE		0	0	19,112
Bank of America Corp.	Stock	060505104	529,592	13,966	SH		SOLE		0	0	13,966
Berkshire Hathaway Inc.	Stock	084670702	2,397,319	5,701	SH		SOLE		0	0	5,701
Berkshire Hathaway Inc.	Stock	084670108	634,440	1	SH		SOLE		0	0	1
Cadence Bank	Stock	12740C103	1,795,857	61,926	SH		SOLE		0	0	61,926
Caterpillar Inc.	Stock	149123101	236,347	645	SH		SOLE		0	0	645
Chevron Corp.	Stock	166764100	275,091	1,744	SH		SOLE		0	0	1,744
Cisco Systems Inc.	Stock	17275R102	1,647,554	33,011	SH		SOLE		0	0	33,011
Coca-Cola Co.	Stock	191216100	324,270	5,300	SH		SOLE		0	0	5,300
Costco Wholesale Corp.	Stock	22160K105	1,339,732	1,829	SH		SOLE		0	0	1,829
Dimensional U.S. Core Equity 2 ETF	ETF	25434V708	314,123	9,832	SH		SOLE		0	0	9,832
Discover Financial Services	Stock	254709108	387,109	2,953	SH		SOLE		0	0	2,953
Duke Energy Corp.	Stock	26441C204	1,047,035	10,827	SH		SOLE		0	0	10,827
Enbridge Inc.	Stock	29250N105	233,177	6,445	SH		SOLE		0	0	6,445
Exxon Mobil Corp.	Stock	30231G102	788,409	6,783	SH		SOLE		0	0	6,783
FactSet Research Systems Inc.	Stock	303075105	227,195	500	SH		SOLE		0	0	500
Ford Motor Company	Stock	345370860	313,780	23,628	SH		SOLE		0	0	23,628
General Electric Co.	Stock	369604301	257,167	1,465	SH		SOLE		0	0	1,465
Global Payments Inc.	Stock	37940X102	313,649	2,347	SH		SOLE		0	0	2,347
Halozyme Therapeutics, Inc.	Stock	40637H109	730,206	17,950	SH		SOLE		0	0	17,950
HCA Healthcare, Inc.	Stock	40412C101	420,915	1,262	SH		SOLE		0	0	1,262
Home Depot Inc.	Stock	437076102	906,751	2,364	SH		SOLE		0	0	2,364
IBM Corp.	Stock	459200101	372,379	1,950	SH		SOLE		0	0	1,950
Invesco FTSE RAFI US 1000 ETF	ETF	46137V613	83,960,601	2,182,495	SH		SOLE		0	0	2,182,495
Invesco FTSE RAFI US 1500 Small-Mid ETF	ETF	46137V597	32,488,272	827,095	SH		SOLE		0	0	827,095
Invesco S&P 500 Equal Weight Technology ETF	ETF	46137V282	243,304	6,914	SH		SOLE		0	0	6,914
iShares 0-5 Year TIPS Bond ETF	ETF	46429B747	989,616	9,953	SH		SOLE		0	0	9,953
iShares Cohen & Steers REIT ETF	ETF	464287564	243,405	4,218	SH		SOLE		0	0	4,218
iShares Core Aggressive Allocation ETF	ETF	464289859	365,032	4,969	SH		SOLE		0	0	4,969
iShares Core MSCI EAFE ETF	ETF	46432F842	10,588,767	142,667	SH		SOLE		0	0	142,667
iShares Core MSCI Emerging Markets ETF	ETF	46434G103	5,422,003	105,078	SH		SOLE		0	0	105,078
iShares Core MSCI Intl Developed Markets ETF	ETF	46435G326	3,718,810	55,397	SH		SOLE		0	0	55,397
iShares Core S&P 500 ETF	ETF	464287200	1,400,403	2,664	SH		SOLE		0	0	2,664
iShares Core U.S. Aggregate Bond ETF	ETF	464287226	21,171,405	216,167	SH		SOLE		0	0	216,167
iShares Gold Trust ETF	ETF	464285204	322,805	7,684	SH		SOLE		0	0	7,684
iShares MSCI EAFE ETF	ETF	464287465	30,342,488	379,946	SH		SOLE		0	0	379,946
iShares MSCI Emerging Markets ETF	ETF	464287234	7,360,099	179,165	SH		SOLE		0	0	179,165
iShares MSCI KLD 400 Social ETF	ETF	464288570	279,028	2,768	SH		SOLE		0	0	2,768
iShares MSCI World ETF	ETF	464286392	283,400	1,956	SH		SOLE		0	0	1,956
iShares Russell 1000 ETF	ETF	464287622	102,682,709	356,500	SH		SOLE		0	0	356,500
iShares Russell 1000 Growth ETF	ETF	464287614	8,793,129	26,089	SH		SOLE		0	0	26,089
iShares Russell 1000 Value ETF	ETF	464287598	7,002,367	39,095	SH		SOLE		0	0	39,095
iShares Russell 2000 ETF	ETF	464287655	10,798,848	51,350	SH		SOLE		0	0	51,350
iShares Russell 2000 Growth ETF	ETF	464287648	303,419	1,120	SH		SOLE		0	0	1,120
iShares Russell 3000 ETF	ETF	464287689	243,351	811	SH		SOLE		0	0	811
iShares Russell Mid-Cap ETF	ETF	464287499	349,922	4,161	SH		SOLE		0	0	4,161
iShares Russell Mid-Cap Growth ETF	ETF	464287481	239,922	2,102	SH		SOLE		0	0	2,102
iShares Russell Mid-Cap Value ETF	ETF	464287473	313,007	2,497	SH		SOLE		0	0	2,497
iShares S&P 500 Growth ETF	ETF	464287309	865,594	10,251	SH		SOLE		0	0	10,251
iShares Select Dividend ETF	ETF	464287168	355,179	2,883	SH		SOLE		0	0	2,883
iShares TIPS Bond ETF	ETF	464287176	27,480,092	255,843	SH		SOLE		0	0	255,843
iShares Treasury Floating Rate Bond ETF	ETF	46434V860	67,618,927	1,333,970	SH		SOLE		0	0	1,333,970
iShares U.S. Healthcare ETF	ETF	464287762	241,410	3,900	SH		SOLE		0	0	3,900
Johnson & Johnson Inc.	Stock	478160104	495,139	3,130	SH		SOLE		0	0	3,130
JPMorgan Chase & Co.	Stock	46625H100	456,830	2,281	SH		SOLE		0	0	2,281
JPMorgan Ultra-Short Income ETF	ETF	46641Q837	17,910,632	355,017	SH		SOLE		0	0	355,017
Lowes Companies, Inc.	Stock	548661107	5,400,403	21,201	SH		SOLE		0	0	21,201
McCormick & Company, Inc.	Stock	579780107	1,083,106	13,990	SH		SOLE		0	0	13,990
McDonalds Corporation	Stock	580135101	444,071	1,575	SH		SOLE		0	0	1,575
Microsoft Corp.	Stock	594918104	3,138,931	7,461	SH		SOLE		0	0	7,461
Morgan Stanley	Stock	617446448	612,369	6,503	SH		SOLE		0	0	6,503
Motorola Solutions Inc.	Stock	620076307	554,479	1,562	SH		SOLE		0	0	1,562
Nike Inc.	Stock	654106103	223,789	2,381	SH		SOLE		0	0	2,381
NVIDIA Corporation	Stock	67066G104	263,720	292	SH		SOLE		0	0	292
ONEOK Inc.	Stock	682680103	801,700	10,000	SH		SOLE		0	0	10,000
Oracle Corporation	Stock	68389X105	238,157	1,896	SH		SOLE		0	0	1,896
Park National Corp.	Stock	700658107	555,898	4,092	SH		SOLE		0	0	4,092
PepsiCo Inc.	Stock	713448108	311,358	1,779	SH		SOLE		0	0	1,779
PIMCO 1-5 Year U.S. TIPS Index ETF	ETF	72201R205	2,865,873	55,648	SH		SOLE		0	0	55,648
PIMCO Enhanced Short Maturity Active ETF	ETF	72201R833	925,309	9,203	SH		SOLE		0	0	9,203
Procter & Gamble Co.	Stock	742718109	386,305	2,381	SH		SOLE		0	0	2,381
Public Service Enterprise Group Inc.	Stock	744573106	400,680	6,000	SH		SOLE		0	0	6,000
Raymond James Financial Inc.	Stock	754730109	280,084	2,181	SH		SOLE		0	0	2,181
RTX Corporation	Stock	75513E101	222,759	2,284	SH		SOLE		0	0	2,284
SPDR Gold Shares ETF	ETF	78463V107	392,514	1,908	SH		SOLE		0	0	1,908
SPDR S&P 500 ETF	ETF	78462F103	1,775,439	3,394	SH		SOLE		0	0	3,394
Target Corp.	Stock	87612E106	240,230	1,356	SH		SOLE		0	0	1,356
Tesla Inc.	Stock	88160R101	651,654	3,707	SH		SOLE		0	0	3,707
TowneBank	Stock	89214P109	489,984	17,462	SH		SOLE		0	0	17,462
Truist Financial Corp.	Stock	89832Q109	3,291,668	84,445	SH		SOLE		0	0	84,445
Union Pacific Corp.	Stock	907818108	333,444	1,356	SH		SOLE		0	0	1,356
UnitedHealth Group Inc.	Stock	91324P102	365,089	738	SH		SOLE		0	0	738
Vanguard ESG International Stock ETF	ETF	921910725	202,718	3,527	SH		SOLE		0	0	3,527
Vanguard ESG U.S. Stock ETF	ETF	921910733	1,195,786	12,832	SH		SOLE		0	0	12,832
Vanguard FTSE Developed Markets ETF	ETF	921943858	76,646,134	1,527,728	SH		SOLE		0	0	1,527,728
Vanguard FTSE Emerging Markets ETF	ETF	922042858	25,240,829	604,281	SH		SOLE		0	0	604,281
Vanguard Large Cap ETF	ETF	922908637	225,135	939	SH		SOLE		0	0	939
Vanguard Mid-Cap Growth ETF	ETF	922908538	216,691	919	SH		SOLE		0	0	919
Vanguard Russell 1000 ETF	ETF	92206C730	13,385,361	56,165	SH		SOLE		0	0	56,165
Vanguard Russell 1000 Value ETF	ETF	92206C714	1,277,705	16,248	SH		SOLE		0	0	16,248
Vanguard Russell 2000 ETF	ETF	92206C664	1,778,406	20,908	SH		SOLE		0	0	20,908
Vanguard Russell 3000 ETF	ETF	92206C599	551,355	2,367	SH		SOLE		0	0	2,367
Vanguard S&P 500 Value ETF	ETF	921932703	1,447,536	8,021	SH		SOLE		0	0	8,021
Vanguard Short-Term Bond ETF	ETF	921937827	37,495,553	489,051	SH		SOLE		0	0	489,051
Vanguard Short-Term Inflation-Protected Securities ETF	ETF	922020805	2,204,769	46,038	SH		SOLE		0	0	46,038
Vanguard Small-Cap Value Index ETF	ETF	922908611	1,160,952	6,050	SH		SOLE		0	0	6,050
Vanguard Total Bond Market ETF	ETF	921937835	9,315,189	128,255	SH		SOLE		0	0	128,255
Vanguard Total Stock Market ETF	ETF	922908769	2,573,925	9,904	SH		SOLE		0	0	9,904
Vanguard Total World Stock Index ETF	ETF	922042742	4,817,584	43,598	SH		SOLE		0	0	43,598
Vanguard Value ETF	ETF	922908744	1,624,614	9,976	SH		SOLE		0	0	9,976
Wells Fargo & Co.	Stock	949746101	386,661	6,671	SH		SOLE		0	0	6,671