Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL CORP	315,286	$29.55M	4.0%	$54.15	+6.8%	COM	30231G102
JNJ	JOHNSON & JOHNSON	228,536	$27.72M	3.7%	$61.38	+41.8%	COM	478160104
BDX	BECTON DICKINSON & COMPANY	157,593	$26.73M	3.6%	$78.50	+76.2%	COM	075887109
PFE	PFIZER INC	704,323	$24.8M	3.3%	$16.64	+26.5%	COM	717081103
RSG	REPUBLIC SERVICES INC	470,699	$24.15M	3.2%	$26.40	+54.6%	COM	760759100
PEP	PEPSICO	225,642	$23.9M	3.2%	$56.41	+36.6%	COM	713448108
LOW	LOWES COMPANIES INC	286,264	$22.66M	3.0%	$32.54	+99.1%	COM	548661107
MSFT	MICROSOFT CORP	437,754	$22.4M	3.0%	$27.90	+64.8%	COM	594918104
VZ	VERIZON COMMUNICATIONS INC	390,485	$21.8M	2.9%	$26.85	+17.2%	COM	92343V104
—	UNILEVER NV	454,898	$21.35M	2.9%	$39.60	—	COM	904784709
MA	MASTERCARD INC CL A	240,461	$21.17M	2.8%	$70.84	+27.4%	COM	57636Q104
—	L-3 COMMUNICATIONS HOLDINGS IN	143,731	$21.08M	2.8%	$121.55	—	COM	502424104
CL	COLGATE-PALMOLIVE CO	279,096	$20.43M	2.7%	$44.79	+27.0%	COM	194162103
BCE	B C E INC	429,547	$20.32M	2.7%	$22.18	+17.7%	COM	05534B760
ADP	AUTOMATIC DATA PROCESSING INC	214,949	$19.75M	2.6%	$45.38	+58.1%	COM	053015103
UPS	UNITED PARCEL SERVICE - CL B	179,443	$19.33M	2.6%	$56.19	+30.1%	COM	911312106
IBM	I B M	119,454	$18.13M	2.4%	$116.72	-18.5%	COM	459200101
COR	AMERISOURCEBERGEN CORP	228,204	$18.1M	2.4%	$42.09	+42.3%	COM	03073E105
ETN	EATON CORP PLC	297,312	$17.76M	2.4%	$44.23	+12.5%	COM	G29183103
TMO	THERMO FISHER SCIENTIFIC INC	117,498	$17.36M	2.3%	$125.49	+14.4%	COM	883556102
PNC	PNC FINANCIAL SERVICES GROUP	212,403	$17.29M	2.3%	$48.78	+29.1%	COM	693475105
MCD	MCDONALD'S CORP	135,238	$16.27M	2.2%	$73.22	+35.4%	COM	580135101
—	PRAXAIR INC	127,727	$14.36M	1.9%	$116.32	—	COM	74005P104
PKG	PACKAGING CORP OF AMERICA	210,674	$14.1M	1.9%	$50.39	-2.5%	COM	695156109
SLB	SCHLUMBERGER LTD	158,649	$12.54M	1.7%	$54.09	+7.7%	COM	806857108
NVS	NOVARTIS AG ADR	140,105	$11.56M	1.5%	$74.19	—	COM	66987V109
GOOG	ALPHABET INC CL C - NON VOTING	15,382	$10.64M	1.4%	$35.00	+1.8%	COM	02079K107
—	WESTROCK COMPANY	271,715	$10.56M	1.4%	$51.15	—	COM	96145D105
WFC	WELLS FARGO & COMPANY	203,408	$9.627M	1.3%	$37.07	+0.4%	COM	949746101
COP	CONOCOPHILLIPS	211,472	$9.22M	1.2%	$40.55	-19.1%	COM	20825C104
PG	PROCTER & GAMBLE COMPANY	91,910	$7.782M	1.0%	$57.42	+10.3%	COM	742718109
—	GENERAL ELECTRIC	230,027	$7.241M	1.0%	$23.82	—	COM	369604103
EMR	EMERSON	126,681	$6.607M	0.9%	$40.40	+2.8%	COM	291011104
KO	COCA COLA COMPANY	110,985	$5.03M	0.7%	$29.38	+13.4%	COM	191216100
PM	PHILLIP MORRIS INTL	42,106	$4.283M	0.6%	$48.09	+27.7%	COM	718172109
PPG	P P G INDUSTRIES INC	39,461	$4.109M	0.5%	$77.20	+18.6%	COM	693506107
CMCSA	COMCAST CLASS A	60,512	$3.944M	0.5%	$21.85	+13.1%	COM	20030N101
MRK	MERCK & COMPANY INC	57,424	$3.308M	0.4%	$33.06	+19.4%	COM	58933Y105
GIS	GENERAL MILLS INC	41,715	$2.975M	0.4%	$33.56	+35.4%	COM	370334104
BRK/B	BERKSHIRE HATHAWAY INC. CLASS	20,201	$2.924M	0.4%	$143.80	-0.6%	COM	084670702
WY	WEYERHAEUSER	92,155	$2.743M	0.4%	$20.77	+1.6%	COM	962166104
SON	SONOCO PRODUCTS CO	53,444	$2.654M	0.4%	$23.44	+46.7%	COM	835495102
AAPL	APPLE INC	27,717	$2.649M	0.4%	$20.59	+9.9%	COM	037833100
T	A T & T INC	60,199	$2.601M	0.3%	$11.53	+31.1%	COM	00206R102
—	EQUITY ONE	78,040	$2.511M	0.3%	$22.62	—	REITS	294752100
—	LIBERTY PROPERTY TRUST	61,045	$2.424M	0.3%	$36.22	—	REITS	531172104
CVX	CHEVRON CORP	22,898	$2.4M	0.3%	$70.85	-5.8%	COM	166764100
JPM	J. P. MORGAN CHASE & CO.	36,829	$2.288M	0.3%	$38.16	+26.6%	COM	46625H100
RPM	R P M INC.	41,798	$2.087M	0.3%	$32.39	+54.7%	COM	749685103
HD	HOME DEPOT	16,316	$2.083M	0.3%	$58.12	+80.6%	COM	437076102
IEX	IDEX CORP	25,020	$2.054M	0.3%	$45.08	+63.7%	COM	45167R104
CVS	CVS CORP	19,701	$1.886M	0.3%	$58.79	+26.7%	COM	126650100
FUL	H.B. FULLER CO	41,870	$1.841M	0.2%	$34.18	+16.2%	COM	359694106
—	FIRST POTOMAC REALTY TRUST	198,500	$1.826M	0.2%	$12.88	—	REITS	33610F109
BMY	BRISTOL-MYERS SQUIBB COMPANY	24,435	$1.797M	0.2%	$30.72	+64.4%	COM	110122108
AIT	APPLIED INDUSTRIAL TECH INC	38,535	$1.739M	0.2%	$37.05	+4.6%	COM	03820C105
—	BERKSHIRE HATHAWAY INC CL A (1	800	$1.735M	0.2%	$1985.11	—	COM	084990175
VTI	VANGUARD TOTAL STK MKT ETF	16,041	$1.718M	0.2%	$89.68	—	ETFS	922908769
—	S&P 500 INDEX SPDR ETF TRUST	7,888	$1.652M	0.2%	$206.27	—	ETFS	78462f103
ABT	ABBOTT LABS	39,570	$1.555M	0.2%	$31.05	+7.4%	COM	002824100
—	ALLERGAN PLC	6,692	$1.546M	0.2%	$250.88	—	COM	G0177J108
ABBV	ABBVIE INC	24,187	$1.497M	0.2%	$36.72	+11.6%	COM	00287Y109
—	DUPONT EI DE NEMOUR & CO	23,100	$1.496M	0.2%	$54.71	—	COM	263534109
MTD	METTLER-TOLEDO INTERNATIONAL	4,030	$1.47M	0.2%	$212.95	+71.6%	COM	592688105
BUD	ANHEUSER-BUSCH INBEV NV	11,020	$1.451M	0.2%	$97.35	—	COM	03524A108
ATR	APTARGROUP, INC.	18,310	$1.448M	0.2%	$47.22	+43.9%	COM	038336103
IWB	ISHARES RUSSELL 1000 ETF	11,900	$1.39M	0.2%	$90.25	—	ETFS	464287622
KMB	KIMBERLY-CLARK CORP	10,070	$1.384M	0.2%	$68.75	+36.6%	COM	494368103
—	CST BRANDS INC	31,870	$1.372M	0.2%	$36.69	—	COM	12646r105
WTS	WATTS INDUSTRIES	23,500	$1.369M	0.2%	$46.36	+22.2%	COM	942749102
IVV	ISHARES S&P 500 ETF	6,484	$1.364M	0.2%	$194.80	—	ETFS	464287200
—	CONTINENTAL BUILDING PRODUCTS	61,150	$1.359M	0.2%	$21.81	—	COM	211171103
KHC	THE KRAFT HEINZ COMPANY	14,549	$1.287M	0.2%	$47.82	+12.1%	COM	500754106
TFX	TELEFLEX INC	7,000	$1.241M	0.2%	$85.10	+80.8%	COM	879369106
UNP	UNION PACIFIC	14,186	$1.237M	0.2%	$70.53	-3.2%	COM	907818108
—	CLARCOR INC	20,070	$1.22M	0.2%	$52.48	—	COM	179895107
RVTY	PERKINELMER INC	23,220	$1.217M	0.2%	$32.54	+57.1%	COM	714046109
MDLZ	MONDELEZ INTERNATIONAL INC	26,350	$1.199M	0.2%	$29.90	+16.5%	COM	609207105
—	PATTERSON CO INC	25,010	$1.197M	0.2%	$39.04	—	COM	703395103
CECO	CECO ENVIRONMENTAL CORP	134,500	$1.175M	0.2%	$11.18	-36.2%	COM	125141101
IP	INTERNATIONAL PAPER	27,400	$1.161M	0.2%	$25.65	+2.5%	COM	460146103
NNBR	NN, INC.	81,850	$1.145M	0.2%	$14.92	-1.5%	COM	629337106
WM	WASTE MANAGEMENT INC	17,052	$1.13M	0.2%	$33.70	+50.3%	COM	94106L109
—	ROYAL DUTCH SHELL PLC ADR	20,065	$1.107M	0.1%	$75.76	—	COM	780259206
NGVT	INGEVITY CORP	30,385	$1.034M	0.1%	$30.20	0.0%	COM	45688C107
HON	HONEYWELL	8,887	$1.033M	0.1%	$62.05	+35.7%	COM	438516106
—	A. SHULMAN INC.	41,815	$1.021M	0.1%	$29.60	—	COM	808194104
MMM	3M COMPANY	5,730	$1.003M	0.1%	$77.74	+31.8%	COM	88579Y101
BDC	BELDEN INC	16,520	$997K	0.1%	$52.52	+15.5%	COM	077454106
GOOGL	ALPHABET INC CL A	1,409	$991K	0.1%	$32.05	+13.7%	COM	02079K305
LMT	LOCKHEED MARTIN CORP	3,965	$983K	0.1%	$94.98	+92.0%	COM	539830109
—	CHIPMOS TECHNOLOGIES BERMUDA L	52,120	$943K	0.1%	$19.29	—	COM	G2110R114
CAT	CATERPILLAR INC	12,307	$933K	0.1%	$61.72	-3.1%	COM	149123101
—	GENESEE & WYOMING	15,715	$926K	0.1%	$77.22	—	COM	371559105
—	MTS SYSTEMS CORP	20,745	$909K	0.1%	$54.20	—	COM	553777103
—	C. R. BARD	3,858	$907K	0.1%	$108.67	—	COM	067383109
XLE	ENERGY SELECT SECTOR SPDR	13,230	$902K	0.1%	$63.91	—	ETFS	81369Y506
MO	ALTRIA GROUP INC	12,836	$885K	0.1%	$18.23	+82.2%	COM	02209S103
BK	BANK OF NEW YORK MELLON CORP	22,711	$882K	0.1%	$22.62	+37.1%	COM	064058100
—	UNITED TECHNOLOGIES	8,571	$878K	0.1%	$100.76	—	COM	913017109
INTC	INTEL CORP.	26,340	$863K	0.1%	$18.48	+35.9%	COM	458140100
IOSP	INNOSPEC INC	18,635	$857K	0.1%	$37.07	+12.0%	COM	45768S105
MATW	MATTHEWS INTL CORP.	15,000	$834K	0.1%	$27.75	+48.1%	COM	577128101
WHR	WHIRLPOOL CORP.	4,840	$806K	0.1%	$155.14	+13.7%	COM	963320106
AVD	AMERICAN VANGUARD CORP	53,000	$800K	0.1%	$12.04	+17.3%	COM	030371108
SYY	SYSCO CORPORATION	15,745	$798K	0.1%	$27.58	+36.6%	COM	871829107
USB	U. S. BANCORP	18,764	$756K	0.1%	$26.13	+11.7%	COM	902973304
—	EXPRESS SCRIPTS INC	9,549	$723K	0.1%	$65.05	—	COM	302182100
PH	PARKER HANNIFIN	6,499	$702K	0.1%	$82.64	+16.7%	COM	701094104
TEVA	TEVA PHARMACEUTICAL SP ADR	13,942	$700K	0.1%	$57.60	—	COM	881624209
—	TE CONNECTIVITY LTD	11,866	$677K	0.1%	$46.55	—	COM	043813854
C	CITIGROUP	15,925	$675K	0.1%	$39.61	-16.4%	COM	172967424
—	AMERICAN INTERNATIONAL	12,675	$670K	0.1%	$49.27	—	COM	026874107
—	RAYTHEON COMPANY NEW	4,915	$668K	0.1%	$109.19	—	COM	755111507
—	AEROJET ROCKETDYNE HOLDINGS IN	36,340	$664K	0.1%	$20.60	—	COM	007800105
—	LIBERTY INTERACTIVE CORP A	26,007	$659K	0.1%	$23.19	—	COM	53071M104
—	TEKLA HEALTHCARE INV.	27,750	$650K	0.1%	$25.93	—	COM	87911J103
—	TIME WARNER INC.	8,705	$640K	0.1%	$69.81	—	COM	887317303
TRV	THE TRAVELERS COMPANIES INC	5,333	$634K	0.1%	$64.16	+42.6%	COM	89417E109
—	TELSTRA CORP ADR	29,700	$617K	0.1%	$22.20	—	COM	87969n204
—	VEREIT, INC	60,486	$613K	0.1%	$8.12	—	REITS	92339V100
—	KELLOGG CO.	7,458	$608K	0.1%	$39.23	+29.8%	COM	487836108
—	ACCENTURE PLC CL A	5,300	$600K	0.1%	$89.43	—	COM	G1151c101
NSRGY	NESTLE SA ADR	7,704	$595K	0.1%	$74.92	—	COM	641069406
—	GENERAL MOTORS	20,610	$583K	0.1%	$35.11	—	COM	37045V105
HAL	HALLIBURTON COMPANY HOLDING CO	12,820	$580K	0.1%	$33.78	+1.1%	COM	406216101
—	INGERSOLL RAND PLC	8,888	$565K	0.1%	$55.43	—	COM	014131418
EMN	EASTMAN CHEMICAL	8,175	$555K	0.1%	$55.42	-3.4%	COM	277432100
IWM	ISHARES RUSSELL 2000 ETF	4,742	$545K	0.1%	$97.29	—	ETFS	464287655
BA	BOEING	4,177	$542K	0.1%	$94.04	+26.0%	COM	097023105
NOC	NORTHROP GRUMMAN CORP.	2,238	$497K	0.1%	$74.87	+140.7%	COM	666807102
TGT	TARGET CORP	7,063	$493K	0.1%	$49.73	+12.8%	COM	87612E106
ROK	ROCKWELL CORP.	4,293	$492K	0.1%	$67.20	+42.0%	COM	773903109
PAYX	PAYCHEX	8,212	$488K	0.1%	$31.75	+26.5%	COM	704326107
WDC	WESTERN DIGITAL CORP	10,213	$482K	0.1%	$57.92	-50.6%	COM	958102105
SDY	SPDR S&P DIVIDEND ETF	5,700	$478K	0.1%	$77.15	—	ETFS	78464A763
ACH	OWENS & MINOR	12,300	$459K	0.1%	$27.05	+23.3%	COM	690732102
CB	CHUBB LTD	3,404	$445K	0.1%	$94.03	+10.2%	COM	H1467J104
APD	AIR PRODUCTS & CHEMICALS	3,096	$439K	0.1%	$67.98	+54.3%	COM	009158106
—	DUNKIN' BRANDS GROUP INC.	10,035	$437K	0.1%	$43.55	—	COM	265504100
MET	METLIFE INC	10,962	$436K	0.1%	$26.41	+6.6%	COM	59156R108
—	PENTAIR PLC F	7,475	$435K	0.1%	$65.25	—	COM	107586334
KSS	KOHLS CORP	11,425	$433K	0.1%	$39.74	0.0%	COM	500255104
NVO	NOVO NORDISK ADR	8,000	$430K	0.1%	$54.75	—	COM	670100205
—	VANGUARD S&P 500 INDEX ETF	2,200	$422K	0.1%	$180.45	—	ETFS	922908413
—	SPECTRA ENERGY CORP	11,540	$422K	0.1%	$35.58	—	COM	847560109
VUG	VANGUARD GROWTH ETF	3,885	$416K	0.1%	$107.08	—	ETFS	922908736
—	OAKTREE CAPITAL GROUP LLC	9,295	$416K	0.1%	$52.37	—	COM	077573615
WPC	WP CAREY INC	6,000	$416K	0.1%	$60.19	—	REITS	92936U109
—	HARRIS CORP.	4,655	$388K	0.1%	$83.35	—	COM	413875105
—	SYNGENTA AG ADR	4,850	$372K	0.0%	$82.68	—	COM	87160A100
SPGI	S & P GLOBAL INC	3,455	$370K	0.0%	$81.73	+17.9%	COM	78409V104
—	KANSAS CITY SOUTHERN INDUSTRIE	4,115	$370K	0.0%	$85.30	—	COM	485170302
SGAPY	SINGAPORE TELECOMMUNICATIONS L	11,930	$366K	0.0%	$29.74	—	COM	82929R304
EQT	EQT CORP	4,645	$359K	0.0%	$37.67	-5.0%	COM	26884L109
—	GLAXOSMITHKLINE	8,192	$355K	0.0%	$45.05	—	COM	37733W105
MWTIX	METROPOLITAN WEST TOTAL RETURN	32,379	$355K	0.0%	$10.81	—	ETFS	592905509
IVE	ISHARES S&P 500 VALUE ETF	3,797	$352K	0.0%	$92.70	—	ETFS	464287408
VTMFX	VANGUARD TAX-MANAGED BALANCED	12,622	$348K	0.0%	$27.07	—	ETFS	921943304
IVW	ISHARES S&P 500 GROWTH ETF	2,981	$347K	0.0%	$116.40	—	ETFS	464287309
BND	VANGUARD TOTAL BOND FUND ETF	4,087	$344K	0.0%	$143.17	—	ETFS	921937835
EPC	EDGEWELL PERSONAL CARE COMPANY	4,050	$341K	0.0%	$71.36	+3.3%	COM	28035Q102
VEA	VANGUARD MSCI EAFE ETF	9,664	$341K	0.0%	$37.99	—	ETFS	921943858
ITW	ILLINOIS TOOL WORKS INC	3,222	$335K	0.0%	$61.28	+35.9%	COM	452308109
—	SEAGATE TECHNOLOGY	13,709	$333K	0.0%	$44.88	—	COM	052580676
—	LINEAR TECHNOLOGY CORP	7,000	$325K	0.0%	$46.71	—	COM	535678106
DDVIX	DELAWARE VALUE FUND	16,671	$322K	0.0%	$17.78	—	ETFS	24610C857
—	TWENTY-FIRST CENTURY FOX INC	11,920	$322K	0.0%	$32.81	—	COM	90130A101
NFLX	NETFLIX	3,500	$320K	0.0%	$10.07	-4.6%	COM	64110L106
DIS	WALT DISNEY CO.	3,256	$318K	0.0%	$83.91	+9.9%	COM	254687106
MSEX	MIDDLESEX WATER COMPANY	7,200	$312K	0.0%	$28.35	+30.5%	COM	596680108
—	MEDTRONIC PLC	3,437	$298K	0.0%	$76.45	—	COM	585055106
—	HILL-ROM HOLDINGS INC	5,912	$298K	0.0%	$41.67	—	COM	431475102
—	W. R. GRACE	4,000	$292K	0.0%	$99.00	—	COM	38388F108
DE	DEERE	3,556	$288K	0.0%	$68.14	+2.7%	COM	244199105
KMI	KINDER MORGAN INC	15,438	$288K	0.0%	$22.58	-51.7%	COM	49456B101
—	HILLENBRAND INC	9,486	$284K	0.0%	$29.39	—	COM	431571108
XRAY	DENTSPLY SIRONA INC	4,550	$282K	0.0%	$58.93	+4.4%	COM	24906P109
—	SPIRIT REALTY CAPITAL INC	22,000	$280K	0.0%	$9.39	—	REITS	84860W102
—	NORDSTROM	7,350	$279K	0.0%	$51.66	—	COM	655664100
KMT	KENNAMETAL	12,500	$276K	0.0%	$30.95	-41.4%	COM	489170100
IJH	ISHARES S&P MIDCAP 400 ETF	1,850	$276K	0.0%	$115.37	—	ETFS	464287507
STAG	STAG INDUSTRIAL INC	11,500	$273K	0.0%	$20.07	—	REITS	85254J102
DEO	DIAGEO PLC SP ADR	2,415	$272K	0.0%	$112.63	—	COM	25243Q205
ET	ENERGY TRANSFER EQUITY LP	18,914	$271K	0.0%	$37.10	—	REITS	29273V100
—	MEAD JOHNSON NUTRITION CO	2,935	$266K	0.0%	$79.05	—	COM	582839109
—	STANLEY BLACK & DECKER INC	2,390	$265K	0.0%	$80.33	—	COM	854616109
CAG	CONAGRA INC.	5,500	$262K	0.0%	$25.34	0.0%	COM	205887102
—	TRANSCANADA PIPELINES	5,800	$262K	0.0%	$39.14	—	COM	89353D107
—	TRIBUNE MEDIA CO	6,500	$254K	0.0%	$38.32	—	COM	896047503
THOIX	THORNBURG GLOBAL OPPORTUNITIES	10,535	$248K	0.0%	$24.94	—	ETFS	885215327
—	BLACKROCK MUNICIPAL INCOME Q	15,000	$243K	0.0%	$16.20	—	ETFS	092479104
FMC	FMC CORP	5,225	$241K	0.0%	$31.32	0.0%	COM	302491303
—	BB&T CORPORATION	6,754	$240K	0.0%	$33.83	—	COM	054937107
CSCO	CISCO SYSTEMS	8,253	$236K	0.0%	$19.18	+8.8%	COM	17275R102
BWA	BORG WARNER INC	8,000	$236K	0.0%	$45.42	-42.6%	COM	099724106
SU	SUNCOR ENERGY, INC.	8,228	$228K	0.0%	$20.24	-3.9%	COM	867224107
—	ROYAL BANCSHARES OF PENNSYLVAN	100,000	$226K	0.0%	$1.63	—	COM	780081105
V	VISA INC CL A	2,972	$220K	0.0%	$66.38	+10.3%	COM	92826C839
IFF	INTERNATIONAL FLAVORS & FRAGRA	1,710	$215K	0.0%	$97.48	0.0%	COM	459506101
—	CBL & ASSOC PROPERTIES	23,054	$214K	0.0%	$13.54	—	REITS	124830100
CLX	CLOROX COMPANY	1,539	$212K	0.0%	$98.68	0.0%	COM	189054109
CNI	CANADIAN NATIONAL RAILWAY	3,500	$206K	0.0%	$46.73	+8.2%	COM	136375102
—	ALLEGION PLC	2,962	$205K	0.0%	$69.21	—	COM	100207249
SEE	SEALED AIR CORP	4,412	$202K	0.0%	$36.94	+9.5%	COM	81211K100
AEP	AMERICAN ELECTRIC POWER	2,875	$201K	0.0%	$46.62	0.0%	COM	025537101
—	BLACKROCK MUNIHOLDINGS IN II	13,500	$200K	0.0%	$14.81	—	COM	09254C107