# EDGAR Filing Document

**Accession Number:** 0001590073
**File Stem:** 0001590073-23-000001
**Filing Date:** 2023-1
**Character Count:** 13970
**Document Hash:** 531c82c3a609fa60980ddc082940ec98
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001590073-23-000001.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001590073-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230126

**EFFECTIVENESS DATE**: 20230127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Arbor Investment Advisors, LLC
- **CENTRAL INDEX KEY:** 0001590073
- **IRS NUMBER:** 562064264
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15620
- **FILM NUMBER:** 23558901

**BUSINESS ADDRESS:**
- **STREET 1:** 300 SOUTH MAIN STREET
- **CITY:** WINSTON SALEM
- **STATE:** NC
- **ZIP:** 27101
- **BUSINESS PHONE:** 336-777-1677

**MAIL ADDRESS:**
- **STREET 1:** 300 SOUTH MAIN STREET
- **CITY:** WINSTON SALEM
- **STATE:** NC
- **ZIP:** 27101

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Arbor Investment Advisors LLC<br>**Address:** 300 SOUTH MAIN STREET<br>WINSTON SALEM, NC 27101

**Form 13F File Number:** 028-15620

**CRD Number (if applicable):** 000111077

**SEC File Number (if applicable):** 801-58281

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** April Yocum Beason<br>**Title:** Chief Compliance Officer<br>**Phone:** 336-777-1677

**Signature, Place, and Date of Signing:**

April Yocum Beason  Winston-Salem, NC  01-26-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 102

**Form 13F Information Table Value Total:** $488433063

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Abbott Laboratories | COM | 002824100 |  | 261715 | 2384 | SH |  | SOLE |  | 0 | 0 | 2384 |
| AbbVie Inc. | COM | 00287Y109 |  | 482566 | 2986 | SH |  | SOLE |  | 0 | 0 | 2986 |
| Accenture plc | COM | G1151C101 |  | 210510 | 789 | SH |  | SOLE |  | 0 | 0 | 789 |
| Allstate Corporation | COM | 020002101 |  | 591894 | 4365 | SH |  | SOLE |  | 0 | 0 | 4365 |
| Alphabet Inc. Cl A | COM | 02079K305 |  | 214840 | 2435 | SH |  | SOLE |  | 0 | 0 | 2435 |
| Alphabet Inc. Cl C | COM | 02079K107 |  | 342620 | 3861 | SH |  | SOLE |  | 0 | 0 | 3861 |
| Apple Inc. | COM | 037833100 |  | 9055445 | 69695 | SH |  | SOLE |  | 0 | 0 | 69695 |
| Armada Hoffler Properties Inc. | COM | 04208T108 |  | 280600 | 24400 | SH |  | SOLE |  | 0 | 0 | 24400 |
| ASM Lithography Holdings | ADR | N07059210 |  | 564978 | 1034 | SH |  | SOLE |  | 0 | 0 | 1034 |
| Bank of America Corp. | COM | 060505104 |  | 803171 | 24250 | SH |  | SOLE |  | 0 | 0 | 24250 |
| Berkshire Hathaway Inc. | COM | 084670702 |  | 1760927 | 5701 | SH |  | SOLE |  | 0 | 0 | 5701 |
| Bristol-Myers Squibb Co. | COM | 110122108 |  | 263619 | 3664 | SH |  | SOLE |  | 0 | 0 | 3664 |
| Cadence Bank | COM | 12740C103 |  | 1527097 | 61926 | SH |  | SOLE |  | 0 | 0 | 61926 |
| Chevron Corp. | COM | 166764100 |  | 378458 | 2109 | SH |  | SOLE |  | 0 | 0 | 2109 |
| Cisco Systems Inc. | COM | 17275R102 |  | 1683002 | 35328 | SH |  | SOLE |  | 0 | 0 | 35328 |
| Citigroup Inc. | COM | 172967424 |  | 367841 | 8133 | SH |  | SOLE |  | 0 | 0 | 8133 |
| Coca-Cola Co. | COM | 191216100 |  | 803370 | 12630 | SH |  | SOLE |  | 0 | 0 | 12630 |
| Costco Wholesale Corp. | COM | 22160K105 |  | 838202 | 1836 | SH |  | SOLE |  | 0 | 0 | 1836 |
| Coupang Inc. | COM | 22266T109 |  | 220650 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| Danaher Corp. | COM | 235851102 |  | 218706 | 824 | SH |  | SOLE |  | 0 | 0 | 824 |
| Dimensional U.S. Core Equity 2 ETF | COM | 25434V708 |  | 313739 | 12922 | SH |  | SOLE |  | 0 | 0 | 12922 |
| Discover Financial Services | COM | 254709108 |  | 293588 | 3001 | SH |  | SOLE |  | 0 | 0 | 3001 |
| Duke Energy Corp. | COM | 26441C204 |  | 1132091 | 10992 | SH |  | SOLE |  | 0 | 0 | 10992 |
| Enbridge Inc. | COM | 29250N105 |  | 359261 | 9188 | SH |  | SOLE |  | 0 | 0 | 9188 |
| Exxon Mobil Corp. | COM | 30231G102 |  | 767504 | 6958 | SH |  | SOLE |  | 0 | 0 | 6958 |
| FactSet Research Systems Inc. | COM | 303075105 |  | 200605 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| Global Payments Inc. | COM | 37940X102 |  | 233015 | 2346 | SH |  | SOLE |  | 0 | 0 | 2346 |
| Halozyme Therapeutics Inc. | COM | 40637H109 |  | 1021355 | 17950 | SH |  | SOLE |  | 0 | 0 | 17950 |
| Home Depot Inc. | COM | 437076102 |  | 714082 | 2261 | SH |  | SOLE |  | 0 | 0 | 2261 |
| IBM Corp. | COM | 459200101 |  | 415772 | 2951 | SH |  | SOLE |  | 0 | 0 | 2951 |
| Invesco FTSE RAFI US 1000 ETF | COM | 46137V613 |  | 68639356 | 442406 | SH |  | SOLE |  | 0 | 0 | 442406 |
| Invesco FTSE RAFI US 1500 Small-Mid ETF | COM | 46137V597 |  | 24675617 | 155771 | SH |  | SOLE |  | 0 | 0 | 155771 |
| iShares 0-5 Year TIPS Bond ETF | COM | 46429B747 |  | 19077406 | 196755 | SH |  | SOLE |  | 0 | 0 | 196755 |
| iShares Cohen  Steers REIT ETF | COM | 464287564 |  | 220797 | 4026 | SH |  | SOLE |  | 0 | 0 | 4026 |
| iShares Core Aggressive Allocation ETF | COM | 464289859 |  | 246706 | 4129 | SH |  | SOLE |  | 0 | 0 | 4129 |
| iShares Core MSCI EAFE ETF | COM | 46432F842 |  | 8993437 | 145903 | SH |  | SOLE |  | 0 | 0 | 145903 |
| iShares Core MSCI Emerging Markets ETF | COM | 46434G103 |  | 4852397 | 103906 | SH |  | SOLE |  | 0 | 0 | 103906 |
| iShares Core MSCI Intl Developed Markets ETF | COM | 46435G326 |  | 3104282 | 55453 | SH |  | SOLE |  | 0 | 0 | 55453 |
| iShares Core S 500 ETF | COM | 464287200 |  | 1029099 | 2678 | SH |  | SOLE |  | 0 | 0 | 2678 |
| iShares Core U.S. Aggregate Bond ETF | COM | 464287226 |  | 8113148 | 83649 | SH |  | SOLE |  | 0 | 0 | 83649 |
| iShares Gold Trust ETF | COM | 464285204 |  | 248079 | 7172 | SH |  | SOLE |  | 0 | 0 | 7172 |
| iShares MSCI EAFE ETF | COM | 464287465 |  | 26499579 | 403711 | SH |  | SOLE |  | 0 | 0 | 403711 |
| iShares MSCI Emerging Markets ETF | COM | 464287234 |  | 7657421 | 202043 | SH |  | SOLE |  | 0 | 0 | 202043 |
| iShares MSCI KLD 400 Social ETF | COM | 464288570 |  | 257733 | 3590 | SH |  | SOLE |  | 0 | 0 | 3590 |
| iShares MSCI World ETF | COM | 464286392 |  | 331282 | 3032 | SH |  | SOLE |  | 0 | 0 | 3032 |
| iShares Russell 1000 ETF | COM | 464287622 |  | 75313869 | 357752 | SH |  | SOLE |  | 0 | 0 | 357752 |
| iShares Russell 1000 Growth ETF | COM | 464287614 |  | 5381698 | 25120 | SH |  | SOLE |  | 0 | 0 | 25120 |
| iShares Russell 1000 Value ETF | COM | 464287598 |  | 5476964 | 36116 | SH |  | SOLE |  | 0 | 0 | 36116 |
| iShares Russell 2000 ETF | COM | 464287655 |  | 8371385 | 48012 | SH |  | SOLE |  | 0 | 0 | 48012 |
| iShares Russell 2000 Growth ETF | COM | 464287648 |  | 240360 | 1120 | SH |  | SOLE |  | 0 | 0 | 1120 |
| iShares Russell Mid-Cap ETF | COM | 464287499 |  | 221322 | 3281 | SH |  | SOLE |  | 0 | 0 | 3281 |
| iShares Russell Mid-Cap Value ETF | COM | 464287473 |  | 263082 | 2497 | SH |  | SOLE |  | 0 | 0 | 2497 |
| iShares S 500 Growth ETF | COM | 464287309 |  | 603603 | 10318 | SH |  | SOLE |  | 0 | 0 | 10318 |
| iShares Select Dividend ETF | COM | 464287168 |  | 363659 | 3015 | SH |  | SOLE |  | 0 | 0 | 3015 |
| iShares TIPS Bond ETF | COM | 464287176 |  | 1823001 | 17127 | SH |  | SOLE |  | 0 | 0 | 17127 |
| iShares Treasury Floating Rate Bond ETF | COM | 46434V860 |  | 5519987 | 109502 | SH |  | SOLE |  | 0 | 0 | 109502 |
| Johnson  Johnson Inc. | COM | 478160104 |  | 476430 | 2697 | SH |  | SOLE |  | 0 | 0 | 2697 |
| JPMorgan Chase  Co. | COM | 46625H100 |  | 346135 | 2581 | SH |  | SOLE |  | 0 | 0 | 2581 |
| JPMorgan Ultra-Short Income ETF | COM | 46641Q837 |  | 15992215 | 319015 | SH |  | SOLE |  | 0 | 0 | 319015 |
| Lowes Companies Inc. | COM | 548661107 |  | 4564090 | 22908 | SH |  | SOLE |  | 0 | 0 | 22908 |
| Microsoft Corp. | COM | 594918104 |  | 2001739 | 8347 | SH |  | SOLE |  | 0 | 0 | 8347 |
| Moderna Inc. | COM | 60770K107 |  | 898100 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| Morgan Stanley | COM | 617446448 |  | 558462 | 6569 | SH |  | SOLE |  | 0 | 0 | 6569 |
| Motorola Solutions Inc. | COM | 620076307 |  | 409243 | 1588 | SH |  | SOLE |  | 0 | 0 | 1588 |
| Nike Inc. | COM | 654106103 |  | 276588 | 2364 | SH |  | SOLE |  | 0 | 0 | 2364 |
| ONEOK Inc. | COM | 682680103 |  | 657000 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| Park National Corp. | COM | 700658107 |  | 575949 | 4092 | SH |  | SOLE |  | 0 | 0 | 4092 |
| PepsiCo Inc. | COM | 713448108 |  | 267934 | 1483 | SH |  | SOLE |  | 0 | 0 | 1483 |
| Pfizer Inc. | COM | 717081103 |  | 391986 | 7650 | SH |  | SOLE |  | 0 | 0 | 7650 |
| PIMCO 1-5 Year U.S. TIPS Index ETF | COM | 72201R205 |  | 1345677 | 26984 | SH |  | SOLE |  | 0 | 0 | 26984 |
| PIMCO Enhanced Short Maturity Active ETF | COM | 72201R833 |  | 12900199 | 130767 | SH |  | SOLE |  | 0 | 0 | 130767 |
| Procter  Gamble Co. | COM | 742718109 |  | 255114 | 1683 | SH |  | SOLE |  | 0 | 0 | 1683 |
| Public Service Enterprise Group Inc. | COM | 744573106 |  | 367620 | 6000 | SH |  | SOLE |  | 0 | 0 | 6000 |
| Raymond James Financial Inc. | COM | 754730109 |  | 233040 | 2181 | SH |  | SOLE |  | 0 | 0 | 2181 |
| Raytheon Technologies Corp. | COM | 75513E101 |  | 223437 | 2214 | SH |  | SOLE |  | 0 | 0 | 2214 |
| South State Corporation | COM | 840441109 |  | 415017 | 5435 | SH |  | SOLE |  | 0 | 0 | 5435 |
| SPDR Gold Shares ETF | COM | 78463V107 |  | 314688 | 1855 | SH |  | SOLE |  | 0 | 0 | 1855 |
| SPDR S 500 ETF | COM | 78462F103 |  | 401786 | 1051 | SH |  | SOLE |  | 0 | 0 | 1051 |
| Target Corp. | COM | 87612E106 |  | 216973 | 1456 | SH |  | SOLE |  | 0 | 0 | 1456 |
| Tesla Inc. | COM | 88160R101 |  | 481141 | 3906 | SH |  | SOLE |  | 0 | 0 | 3906 |
| TowneBank | COM | 89214P109 |  | 539052 | 17479 | SH |  | SOLE |  | 0 | 0 | 17479 |
| Truist Financial Corp. | COM | 89832Q109 |  | 2938714 | 68295 | SH |  | SOLE |  | 0 | 0 | 68295 |
| Union Pacific Corp. | COM | 907818108 |  | 276200 | 1334 | SH |  | SOLE |  | 0 | 0 | 1334 |
| UnitedHealth Group Inc. | COM | 91324P102 |  | 380139 | 717 | SH |  | SOLE |  | 0 | 0 | 717 |
| Vanguard ESG International Stock ETF | COM | 921910725 |  | 516129 | 10493 | SH |  | SOLE |  | 0 | 0 | 10493 |
| Vanguard ESG U.S. Stock ETF | COM | 921910733 |  | 725581 | 11017 | SH |  | SOLE |  | 0 | 0 | 11017 |
| Vanguard FTSE Developed Markets ETF | COM | 921943858 |  | 62767503 | 1495533 | SH |  | SOLE |  | 0 | 0 | 1495533 |
| Vanguard FTSE Emerging Markets ETF | COM | 922042858 |  | 26111585 | 669871 | SH |  | SOLE |  | 0 | 0 | 669871 |
| Vanguard Russell 1000 ETF | COM | 92206C730 |  | 8493489 | 48740 | SH |  | SOLE |  | 0 | 0 | 48740 |
| Vanguard Russell 1000 Value ETF | COM | 92206C714 |  | 896484 | 13465 | SH |  | SOLE |  | 0 | 0 | 13465 |
| Vanguard Russell 2000 ETF | COM | 92206C664 |  | 1896039 | 26944 | SH |  | SOLE |  | 0 | 0 | 26944 |
| Vanguard Russell 3000 ETF | COM | 92206C599 |  | 445498 | 2594 | SH |  | SOLE |  | 0 | 0 | 2594 |
| Vanguard S 500 Value ETF | COM | 921932703 |  | 1255360 | 8963 | SH |  | SOLE |  | 0 | 0 | 8963 |
| Vanguard Short-Term Bond ETF | COM | 921937827 |  | 13852932 | 184019 | SH |  | SOLE |  | 0 | 0 | 184019 |
| Vanguard Short-Term Inflation-Protected Securities ETF | COM | 922020805 |  | 6316360 | 135225 | SH |  | SOLE |  | 0 | 0 | 135225 |
| Vanguard Small-Cap Value Index ETF | COM | 922908611 |  | 341839 | 2153 | SH |  | SOLE |  | 0 | 0 | 2153 |
| Vanguard Total Bond Market ETF | COM | 921937835 |  | 3828533 | 53292 | SH |  | SOLE |  | 0 | 0 | 53292 |
| Vanguard Total Stock Market ETF | COM | 922908769 |  | 2058738 | 10768 | SH |  | SOLE |  | 0 | 0 | 10768 |
| Vanguard Total World Stock Index ETF | COM | 922042742 |  | 4392553 | 50964 | SH |  | SOLE |  | 0 | 0 | 50964 |
| Vanguard Value ETF | COM | 922908744 |  | 1425240 | 10153 | SH |  | SOLE |  | 0 | 0 | 10153 |
| Wells Fargo  Co. | COM | 949746101 |  | 547740 | 13266 | SH |  | SOLE |  | 0 | 0 | 13266 |
| Wheels Up Experience Inc. | COM | 96328L106 |  | 10300 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |

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