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
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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
Gilead Sciences, Inc. COMMON STOCK 375558103 30,549,350 482,003 SH   SOLE 0 462,704 0 19,299
Johnson & Johnson COMMON STOCK 478160104 28,799,858 222,599 SH   SOLE 0 213,219 0 9,380
Medtronic Inc. COMMON STOCK G5960L103 35,562,513 327,403 SH   SOLE 0 314,009 0 13,394
UnitedHealth Group, Inc. COMMON STOCK 91324P102 28,102,735 129,315 SH   SOLE 0 124,076 0 5,239
Amazon.Com, Inc. COMMON STOCK 023135106 29,026,151 16,721 SH   SOLE 0 16,030 0 691
Starbucks Corp COMMON STOCK 855244109 17,182,039 194,323 SH   SOLE 0 186,444 0 7,879
TJX Companies COMMON STOCK 872540109 17,192,166 308,435 SH   SOLE 0 295,948 0 12,487
Coca-Cola Company COMMON STOCK 191216100 33,989,505 624,348 SH   SOLE 0 598,964 0 25,384
Mondelez International Inc COMMON STOCK 609207105 32,793,253 592,792 SH   SOLE 0 568,681 0 24,111
Procter & Gamble Co COMMON STOCK 742718109 36,535,381 293,740 SH   SOLE 0 281,821 0 11,919
Walmart Inc. COMMON STOCK 931142103 35,095,693 295,717 SH   SOLE 0 284,048 0 11,669
Apple, Inc. COMMON STOCK 037833100 36,694,796 163,838 SH   SOLE 0 157,162 0 6,676
Cisco Systems, Inc. COMMON STOCK 17275R102 27,217,992 550,860 SH   SOLE 0 527,451 0 23,409
Mastercard Inc. COMMON STOCK 57636Q104 32,865,672 121,021 SH   SOLE 0 116,072 0 4,949
Microsoft Corp COMMON STOCK 594918104 33,551,692 241,327 SH   SOLE 0 231,470 0 9,857
PayPal Holdings, Inc. COMMON STOCK 70450Y103 28,974,226 279,701 SH   SOLE 0 268,318 0 11,383
AT&T, Inc. COMMON STOCK 00206R102 37,282,578 985,269 SH   SOLE 0 945,238 0 40,031
Alphabet Inc. Class A COMMON STOCK 02079K305 35,286,061 28,896 SH   SOLE 0 27,754 0 1,142
Comcast Corp. Cl.A COMMON STOCK 20030N101 34,057,624 755,493 SH   SOLE 0 724,110 0 31,383
Disney, Walt Co. COMMON STOCK 254687106 30,018,690 230,346 SH   SOLE 0 220,816 0 9,530
Duke Energy Corp New COMMON STOCK 26441c204 35,445,001 369,758 SH   SOLE 0 354,673 0 15,085
Communication Services Sel Sect SPDR Fd COMMON STOCK 81369Y852 44,384,577 896,296 SH   SOLE 0 876,668 0 19,628
Consumer Discretionary Select Sect SPDR Fd COMMON STOCK 81369y407 30,756,532 254,818 SH   SOLE 0 249,186 0 5,632
Consumer Staples Select Sector SPDR Fund COMMON STOCK 81369Y308 63,006,662 1,025,833 SH   SOLE 0 1,003,277 0 22,556
Global X MLP ETF COMMON STOCK 37950E473 31,332 3,739 SH   SOLE 0 3,739 0 0
Health Care Select Sector SPDR Fund COMMON STOCK 81369y209 56,333,413 625,024 SH   SOLE 0 614,001 0 11,023
IPath Bbg Commodity ETN COMMON STOCK 06738c778 41,790 1,917 SH   SOLE 0 1,917 0 0
IShares Barclays 20 PLUS Yr Trs Bd COMMON STOCK 464287432 15,916,076 111,239 SH   SOLE 0 108,060 0 3,179
SPDR Barclays High Yield Bond ETF COMMON STOCK 78468R622 4,458 41 SH   SOLE 0 41 0 0
SPDR Gold MiniSharesTrust COMMON STOCK 98149E204 47,142 3,207 SH   SOLE 0 3,207 0 0
SPDR Interm Term Corp B COMMON STOCK 78464A375 3,951 112 SH   SOLE 0 112 0 0
SPDR Portfolio Short Term Corp. Bd. ETF COMMON STOCK 78464A474 30,197,584 978,852 SH   SOLE 0 950,693 0 28,159
SPDR S&P 500 ETF Trust COMMON STOCK 78462F103 2,976,603 10,030 SH   SOLE 0 9,799 0 231
Technology Select Sector SPDR Fund COMMON STOCK 81369y803 90,543,502 1,124,345 SH   SOLE 0 1,099,724 0 24,621
Utilities Select Sector SPDR Fund COMMON STOCK 81369Y886 15,738,876 243,109 SH   SOLE 0 237,780 0 5,329
Vanguard FTSE All-World ex-US ETF COMMON STOCK 922042775 98,086,933 1,965,670 SH   SOLE 0 1,923,042 0 42,628
Vanguard FTSE Pacific ETF COMMON STOCK 922042866 21,717,768 328,808 SH   SOLE 0 321,663 0 7,145
Vanguard Intermediate Term Corp Bond COMMON STOCK 92206c870 15,006,242 164,470 SH   SOLE 0 159,735 0 4,735
iShares 0-5 Yr TIPS Bond ETF COMMON STOCK 46429B747 14,734,706 147,097 SH   SOLE 0 142,861 0 4,236
iShares Barclays 7-10 Yr Trsy Bond Fd COMMON STOCK 464287440 9,559 85 SH   SOLE 0 85 0 0
iShares Core MSCI EAFE COMMON STOCK 46432F842 2,503 41 SH   SOLE 0 41 0 0
iShares Core MSCI EM IMI ETF COMMON STOCK 46434G103 2,401 49 SH   SOLE 0 49 0 0
iShares Core MSCI Europe ETF COMMON STOCK 46434V738 21,597,421 472,178 SH   SOLE 0 461,838 0 10,340
iShares Int'l Select Divid ETF COMMON STOCK 464288448 3,934 128 SH   SOLE 0 128 0 0
iShares MSCI All Country Asia ex Japan ETF COMMON STOCK 464288182 10,331,992 155,790 SH   SOLE 0 152,368 0 3,422
iShares Russell 3000 ETF COMMON STOCK 464287689 61,167 352 SH   SOLE 0 352 0 0
iShares U.S. Telecommunications ETF COMMON STOCK 464287713 963 33 SH   SOLE 0 33 0 0
iShares US Preferred ETF COMMON STOCK 464288687 4,803 128 SH   SOLE 0 128 0 0
iShares iBoxx $ Invest. Grade Corp Bd ETF COMMON STOCK 464287242 31,440,647 246,632 SH   SOLE 0 239,534 0 7,098
BANK OF AMERICA CORP COMMON STOCK 060505104 6,825 234 SH   SOLE 0 234 0 0
GOLDMAN SACHS GRP INC COMMON STOCK 38141G104 5,387 26 SH   SOLE 0 26 0 0
JPMORGAN CHASE & CO COMMON STOCK 46625H100 7,296 62 SH   SOLE 0 62 0 0
ISHARES CORE GROWTH ALLOCATI COMMON STOCK 464289867 18,562 403 SH   SOLE 0 403 0 0
ISHARES MSCI ACWI ETF COMMON STOCK 464288257 83,853 1,137 SH   SOLE 0 1,137 0 0
ISHARES US FIN SERVICES ETF COMMON STOCK 464287770 2,455 18 SH   SOLE 0 18 0 0
BB&T Corporation COMMON STOCK 054937107 1,014 19 SH   SOLE 0 19 0 0
Barclays PLC COMMON STOCK 06738E204 689 94 SH   SOLE 0 94 0 0
Briggs & Stratton Corporation COMMON STOCK 109043109 696 115 SH   SOLE 0 115 0 0
The Bank of New York Mellon Corporation COMMON STOCK 064058100 813 18 SH   SOLE 0 18 0 0
BP p.l.c. COMMON STOCK 055622104 1,899 50 SH   SOLE 0 50 0 0
Citigroup Inc. COMMON STOCK 172967424 2,417 35 SH   SOLE 0 35 0 0
Cardinal Health, Inc. COMMON STOCK 14149Y108 2,453 52 SH   SOLE 0 52 0 0
China Mobile Limited COMMON STOCK 16941M109 1,242 30 SH   SOLE 0 30 0 0
Credit Suisse Group AG COMMON STOCK 225401108 1,355 111 SH   SOLE 0 111 0 0
Eni S.p.A. COMMON STOCK 26874R108 1,372 45 SH   SOLE 0 45 0 0
Emerson Electric Co. COMMON STOCK 291011104 1,002 15 SH   SOLE 0 15 0 0
Enel Chile S.A. COMMON STOCK 29278D105 1,212 288 SH   SOLE 0 288 0 0
Embraer S.A. COMMON STOCK 29082A107 1,276 74 SH   SOLE 0 74 0 0
GlaxoSmithKline plc COMMON STOCK 37733W105 2,987 70 SH   SOLE 0 70 0 0
Honda Motor Co., Ltd. COMMON STOCK 438128308 1,799 69 SH   SOLE 0 69 0 0
HSBC Holdings plc COMMON STOCK 404280406 765 20 SH   SOLE 0 20 0 0
Merck & Co., Inc. COMMON STOCK 58933Y105 2,188 26 SH   SOLE 0 26 0 0
Nokia Corporation COMMON STOCK 654902204 1,634 323 SH   SOLE 0 323 0 0
Pfizer Inc. COMMON STOCK 717081103 1,473 41 SH   SOLE 0 41 0 0
The PNC Financial Services Group, Inc. COMMON STOCK 693475105 981 7 SH   SOLE 0 7 0 0
Sanofi COMMON STOCK 80105N105 3,104 67 SH   SOLE 0 67 0 0
State Street Corporation COMMON STOCK 857477103 828 14 SH   SOLE 0 14 0 0
Toyota Motor Corporation COMMON STOCK 892331307 1,075 8 SH   SOLE 0 8 0 0
TOTAL S.A. COMMON STOCK 89151E109 1,404 27 SH   SOLE 0 27 0 0
UBS Group AG COMMON STOCK H42097107 1,187 105 SH   SOLE 0 105 0 0
Telefonica Brasil S.A. COMMON STOCK 87936R106 1,606 122 SH   SOLE 0 122 0 0
Wells Fargo & Company COMMON STOCK 949746101 1,513 30 SH   SOLE 0 30 0 0
WPP plc COMMON STOCK 92937A102 1,564 25 SH   SOLE 0 25 0 0
CVS Health Corporation COMMON STOCK 126650100 1,387 22 SH   SOLE 0 22 0 0