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

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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
3M CO COM 88579Y101 852 5,182 SH   SOLE   0 0 5,182
ABBOTT LABS COM 002824100 1,737 20,756 SH   SOLE   0 0 20,756
ABBVIE INC COM 00287Y109 2,531 33,424 SH   SOLE   0 0 33,424
AIR PRODS & CHEMS INC COM 009158106 2,568 11,577 SH   SOLE   0 0 11,577
ALCON INC ORD SHS H01301128 222 3,802 SH   SOLE   0 0 3,802
AMERICAN TOWER CORP NEW COM 03027X100 886 4,007 SH   SOLE   0 0 4,007
ANTHEM INC COM 036752103 607 2,527 SH   SOLE   0 0 2,527
APPLE INC COM 037833100 2,894 12,923 SH   SOLE   0 0 12,923
APTARGROUP INC COM 038336103 1,031 8,701 SH   SOLE   0 0 8,701
ARMADA HOFFLER PPTYS INC COM 04208T108 897 49,586 SH   SOLE   0 0 49,586
AUTOMATIC DATA PROCESSING IN COM 053015103 2,626 16,266 SH   SOLE   0 0 16,266
BOEING CO COM 097023105 292 767 SH   SOLE   0 0 767
CDW CORP COM 12514G108 2,475 20,083 SH   SOLE   0 0 20,083
CHESAPEAKE UTILS CORP COM 165303108 1,105 11,591 SH   SOLE   0 0 11,591
CHEVRON CORP NEW COM 166764100 796 6,713 SH   SOLE   0 0 6,713
CHUBB LIMITED COM H1467J104 2,400 14,866 SH   SOLE   0 0 14,866
CMS ENERGY CORP COM 125896100 963 15,054 SH   SOLE   0 0 15,054
COMCAST CORP NEW CL A 20030N101 1,614 35,802 SH   SOLE   0 0 35,802
COMMUNITY HEALTHCARE TR INC COM 20369C106 909 20,407 SH   SOLE   0 0 20,407
CONSTELLATION BRANDS INC CL A 21036P108 2,864 13,815 SH   SOLE   0 0 13,815
CROWN CASTLE INTL CORP NEW COM 22822V101 761 5,476 SH   SOLE   0 0 5,476
CVS HEALTH CORP COM 126650100 804 12,752 SH   SOLE   0 0 12,752
CYRUSONE INC COM 23283R100 990 12,510 SH   SOLE   0 0 12,510
DIGITAL RLTY TR INC COM 253868103 1,197 9,221 SH   SOLE   0 0 9,221
EOG RES INC COM 26875P101 2,135 28,762 SH   SOLE   0 0 28,762
EVERSOURCE ENERGY COM 30040W108 856 10,010 SH   SOLE   0 0 10,010
EXXON MOBIL CORP COM 30231G102 226 3,204 SH   SOLE   0 0 3,204
FACEBOOK INC CL A 30303M102 370 2,077 SH   SOLE   0 0 2,077
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 1,539 11,308 SH   SOLE   0 0 11,308
FIDELITY NATL INFORMATION SV COM 31620M106 870 6,555 SH   SOLE   0 0 6,555
FISERV INC COM 337738108 1,969 19,009 SH   SOLE   0 0 19,009
GALLAGHER ARTHUR J & CO COM 363576109 1,718 19,179 SH   SOLE   0 0 19,179
HENRY JACK & ASSOC INC COM 426281101 1,941 13,296 SH   SOLE   0 0 13,296
HOME DEPOT INC COM 437076102 3,447 14,857 SH   SOLE   0 0 14,857
HONEYWELL INTL INC COM 438516106 2,061 12,178 SH   SOLE   0 0 12,178
HORMEL FOODS CORP COM 440452100 1,704 38,971 SH   SOLE   0 0 38,971
JOHNSON & JOHNSON COM 478160104 2,577 19,917 SH   SOLE   0 0 19,917
MASTERCARD INC CL A 57636Q104 2,363 8,702 SH   SOLE   0 0 8,702
MCCORMICK & CO INC COM NON VTG 579780206 1,407 9,005 SH   SOLE   0 0 9,005
MCDONALDS CORP COM 580135101 2,473 11,520 SH   SOLE   0 0 11,520
MERCK & CO INC COM 58933Y105 1,785 21,206 SH   SOLE   0 0 21,206
MICROSOFT CORP COM 594918104 3,603 25,915 SH   SOLE   0 0 25,915
NORFOLK SOUTHERN CORP COM 655844108 927 5,158 SH   SOLE   0 0 5,158
NORTHROP GRUMMAN CORP COM 666807102 747 1,992 SH   SOLE   0 0 1,992
NOVARTIS A G SPONSORED ADR 66987V109 1,753 20,177 SH   SOLE   0 0 20,177
PAYCHEX INC COM 704326107 1,318 15,919 SH   SOLE   0 0 15,919
PEPSICO INC COM 713448108 835 6,090 SH   SOLE   0 0 6,090
PFIZER INC COM 717081103 1,838 51,157 SH   SOLE   0 0 51,157
RBB BANCORP COM 74930B105 254 12,916 SH   SOLE   0 0 12,916
RELX PLC SPONSORED ADR 759530108 1,457 61,439 SH   SOLE   0 0 61,439
ROCKWELL AUTOMATION INC COM 773903109 231 1,400 SH   SOLE   0 0 1,400
ROYAL BK CDA MONTREAL QUE COM 780087102 786 9,689 SH   SOLE   0 0 9,689
RPM INTL INC COM 749685103 806 11,711 SH   SOLE   0 0 11,711
SACHEM CAP CORP COM 78590A109 431 91,353 SH   SOLE   0 0 91,353
SANDY SPRING BANCORP INC COM 800363103 1,462 43,372 SH   SOLE   0 0 43,372
SAP SE SPON ADR 803054204 1,831 15,532 SH   SOLE   0 0 15,532
SHERWIN WILLIAMS CO COM 824348106 1,065 1,936 SH   SOLE   0 0 1,936
SMITH & NEPHEW PLC SPDN ADR NEW 83175M205 2,631 54,672 SH   SOLE   0 0 54,672
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,316 11,174 SH   SOLE   0 0 11,174
STOCK YDS BANCORP INC COM 861025104 1,430 38,987 SH   SOLE   0 0 38,987
TORONTO DOMINION BK ONT COM NEW 891160509 2,232 38,318 SH   SOLE   0 0 38,318
TOTAL S A SPONSORED ADS 89417E109 1,224 23,540 SH   SOLE   0 0 23,540
TRAVELERS COMPANIES INC COM 89151E109 1,228 8,259 SH   SOLE   0 0 8,259
UNILEVER N V N Y SHS NEW 904784709 1,440 23,981 SH   SOLE   0 0 23,981
UNION PACIFIC CORP COM 907818108 843 5,206 SH   SOLE   0 0 5,206
UNITEDHEALTH GROUP INC COM 91324P102 1,841 8,473 SH   SOLE   0 0 8,473
VERIZON COMMUNICATIONS INC COM 92343V104 235 3,893 SH   SOLE   0 0 3,893
VISA INC COM CL A 92826C839 2,243 13,038 SH   SOLE   0 0 13,038
WATSCO INC COM 942622200 466 2,755 SH   SOLE   0 0 2,755
WEC ENERGY GROUP INC COM 92939U106 542 5,696 SH   SOLE   0 0 5,696