Enterprise Bank & Trust Co

LOWELL, MA · CIK 1770710 · 13F filing filed 2023-04-11

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Kindbank or insurer
Others nearbyLowell, MA

$231.4m reported value +9.5% vs Q4 2022

103positions

47.5%in top 10

7 new 33 added 42 reduced 1 sold out vs Q4 2022

This report includes the holdings of 1 other manager that shares the investment decisions:

ENTERPRISE BANCORP INC /MA/ – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR CORE S&P MCP ETF IJH	IJH	94,696	$23.7m10.24%	10.24%	Added +36.0k	+36,000 61.3%
2	ISHARES TR CORE US AGGBD ET AGG	AGG	213,844	$21.3m9.21%	9.21%	Reduced -1.8k	-1,770 -0.8%
3	FLEXSHARES TR MORNSTAR UPSTR GUNR	GUNR	320,780	$13.6m5.86%	5.86%	Added +21.9k	+21,881 7.3%
4	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	140,511	$11.7m5.04%	5.04%	Added +3.7k	+3,747 2.7%
5	APPLE INC COM AAPL	AAPL	66,913	$11.0m4.77%	4.77%	Reduced -1.3k	-1,304 -1.9%
6	MICROSOFT CORP COM MSFT	MSFT	31,373	$9.0m3.91%	3.91%	Reduced -769	-769 -2.4%
7	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	13,460	$5.5m2.38%	2.38%	Reduced -124	-124 -0.9%
8	AMAZON COM INC COM AMZN	AMZN	48,473	$5.0m2.16%	2.16%	Added +49	+49 0.1%
9	ALPHABET INC CAP STK CL A GOOGL	GOOGL	44,500	$4.6m1.99%	1.99%	Reduced -330	-330 -0.7%
10	NVIDIA CORPORATION COM NVDA	NVDA	16,243	$4.5m1.95%	1.95%	Reduced -723	-723 -4.3%
11	COSTCO WHSL CORP NEW COM COST	COST	8,208	$4.1m1.76%	1.76%	Reduced -119	-119 -1.4%
12	UNITEDHEALTH GROUP INC COM UNH	UNH	8,566	$4.0m1.75%	1.75%	Reduced -241	-241 -2.7%
13	ISHARES TR NATIONAL MUN ETF MUB	MUB	35,794	$3.9m1.67%	1.67%	Reduced -127	-127 -0.3%
14	JPMORGAN CHASE & CO COM JPM	JPM	27,365	$3.6m1.54%	1.54%	Added +931	+931 3.5%
15	NIKE INC CL B NKE	NKE	28,804	$3.5m1.53%	1.53%	Reduced -40	-40 -0.1%
16	CHEVRON CORP NEW COM CVX	CVX	21,177	$3.5m1.49%	1.49%	Added +1.2k	+1,230 6.2%
17	PEPSICO INC COM PEP	PEP	18,663	$3.4m1.47%	1.47%	Reduced -11	-11 -0.1%
18	ELI LILLY & CO COM LLY	LLY	9,653	$3.3m1.43%	1.43%	Reduced -454	-454 -4.5%
19	PALO ALTO NETWORKS INC COM PANW	PANW	16,197	$3.2m1.40%	1.40%	Reduced -1.4k	-1,376 -7.8%
20	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	5,578	$3.2m1.39%	1.39%	Reduced -77	-77 -1.4%
21	TJX COS INC NEW COM TJX	TJX	37,725	$3.0m1.28%	1.28%	Reduced -1.3k	-1,323 -3.4%
22	DANAHER CORPORATION COM DHR	DHR	10,867	$2.7m1.18%	1.18%	Reduced -125	-125 -1.1%
23	MASTERCARD INCORPORATED CL A MA	MA	7,314	$2.7m1.15%	1.15%	Reduced -71	-71 -1.0%
24	ABBOTT LABS COM ABT	ABT	26,166	$2.6m1.14%	1.14%	Added +183	+183 0.7%
25	META PLATFORMS INC CL A META	META	12,135	$2.6m1.11%	1.11%	Added +176	+176 1.5%
26	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	8,862	$2.5m1.09%	1.09%	Added +42	+42 0.5%
27	VISA INC COM CL A V	V	11,132	$2.5m1.08%	1.08%	Reduced -197	-197 -1.7%
28	SALESFORCE INC COM CRM	CRM	12,298	$2.5m1.06%	1.06%	Added +221	+221 1.8%
29	HONEYWELL INTL INC COM COM		12,786	$2.4m1.06%	1.06%	Added +289	+289 2.3%
30	HOME DEPOT INC COM HD	HD	8,020	$2.4m1.02%	1.02%	Reduced -51	-51 -0.6%
31	AMERICAN TOWER CORP NEW COM AMT	AMT	11,101	$2.3m0.98%	0.98%	Added +214	+214 2.0%
32	UNION PAC CORP COM UNP	UNP	11,206	$2.3m0.97%	0.97%	Reduced -35	-35 -0.3%
33	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	1,257	$2.1m0.93%	0.93%	Reduced -7	-7 -0.6%
34	NEXTERA ENERGY PARTNERS LP COM UNIT PART IN XIFR	XIFR	35,339	$2.1m0.93%	0.93%	Added +555	+555 1.6%
35	GENERAL DYNAMICS CORP COM GD	GD	9,296	$2.1m0.92%	0.92%	Added +130	+130 1.4%
36	ISHARES TR CORE S&P500 ETF IVV	IVV	4,826	$2.0m0.86%	0.86%	Unchanged
37	JOHNSON & JOHNSON COM JNJ	JNJ	12,180	$1.9m0.82%	0.82%	Added +244	+244 2.0%
38	S&P GLOBAL INC COM SPGI	SPGI	5,461	$1.9m0.81%	0.81%	Reduced -116	-116 -2.1%
39	TEXAS INSTRS INC COM TXN	TXN	10,051	$1.9m0.81%	0.81%	Added +26	+26 0.3%
40	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	15,332	$1.6m0.69%	0.69%	Added +104	+104 0.7%
41	SCHLUMBERGER LTD COM STK SLB	SLB	30,050	$1.5m0.64%	0.64%	Added +1.6k	+1,644 5.8%
42	CDW CORP COM CDW	CDW	7,511	$1.5m0.63%	0.63%	Added +8	+8 0.1%
43	ALPHABET INC CAP STK CL C GOOG	GOOG	13,579	$1.4m0.61%	0.61%	Added +1.1k	+1,129 9.1%
44	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	34,740	$1.4m0.61%	0.61%	Reduced -570	-570 -1.6%
45	MARSH & MCLENNAN COS INC COM MRSH	MRSH	8,039	$1.3m0.58%	0.58%	Reduced -119	-119 -1.5%
46	FREEPORT-MCMORAN INC CL B FCX	FCX	32,187	$1.3m0.57%	0.57%	Reduced -396	-396 -1.2%
47	MONDELEZ INTL INC CL A MDLZ	MDLZ	18,829	$1.3m0.57%	0.57%	Added +758	+758 4.2%
48	BIOGEN INC COM BIIB	BIIB	4,397	$1.2m0.53%	0.53%	Added +7	+7 0.2%
49	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	2,878	$1.1m0.47%	0.47%	Added +285	+285 11.0%
50	LAUDER ESTEE COS INC CL A EL	EL	4,335	$1.1m0.46%	0.46%	Reduced -197	-197 -4.3%
51	FIDUS INVT CORP COM FDUS	FDUS	55,912	$1.1m0.46%	0.46%	Unchanged
52	PROCTER AND GAMBLE CO COM PG	PG	6,921	$1.0m0.44%	0.44%	Added +80	+80 1.2%
53	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	22,741	$1.0m0.44%	0.44%	Reduced -963	-963 -4.1%
54	ISHARES TR MSCI EAFE ETF EFA	EFA	14,020	$1.0m0.43%	0.43%	Reduced -120	-120 -0.8%
55	BAR HBR BANKSHARES COM BHB	BHB	36,681	$970.2k0.42%	0.42%	Unchanged
56	DEERE & CO COM DE	DE	2,338	$965.3k0.42%	0.42%	Added +745	+745 46.8%
57	ISHARES TR MSCI KLD400 SOC DSI	DSI	11,990	$935.1k0.40%	0.40%	Reduced -750	-750 -5.9%
58	ISHARES TR 1 3 YR TREAS BD SHY	SHY	11,292	$927.8k0.40%	0.40%	Unchanged
59	DISNEY WALT CO COM DIS	DIS	8,858	$887.0k0.38%	0.38%	Reduced -170	-170 -1.9%
60	BOEING CO COM BA	BA	3,728	$791.9k0.34%	0.34%	Reduced -2	-2 -0.1%
61	ADOBE INC COM ADBE	ADBE	1,992	$767.7k0.33%	0.33%	Reduced -220	-220 -9.9%
62	GSK PLC SPONSORED ADR GSK	GSK	21,482	$764.3k0.33%	0.33%	Added +629	+629 3.0%
63	ISHARES TR RUS 1000 GRW ETF IWF	IWF	3,067	$749.4k0.32%	0.32%	Unchanged
64	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	6,902	$728.2k0.31%	0.31%	New
65	DUPONT DE NEMOURS INC COM DWDP	DWDP	10,058	$721.9k0.31%	0.31%	Added +69	+69 0.7%
66	EXTRA SPACE STORAGE INC COM EXR	EXR	4,160	$677.8k0.29%	0.29%	Unchanged
67	MCDONALDS CORP COM MCD	MCD	2,321	$649.0k0.28%	0.28%	Reduced -247	-247 -9.6%
68	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	16,056	$634.2k0.27%	0.27%	Unchanged
69	PFIZER INC COM PFE	PFE	14,985	$611.4k0.26%	0.26%	Reduced -150	-150 -1.0%
70	VERIZON COMMUNICATIONS INC COM VZ	VZ	15,082	$586.5k0.25%	0.25%	Reduced -1.3k	-1,349 -8.2%
71	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	16,995	$549.8k0.24%	0.24%	Reduced -3.7k	-3,720 -18.0%
72	ROYAL BK CDA COM RY	RY	5,700	$544.8k0.24%	0.24%	Unchanged
73	ISHARES TR IBOXX HI YD ETF HYG	HYG	6,935	$523.9k0.23%	0.23%	Reduced -100	-100 -1.4%
74	VANGUARD SCOTTSDALE FDS VNG RUS2000IDX VTWO	VTWO	6,877	$495.7k0.21%	0.21%	Unchanged
75	VERISK ANALYTICS INC COM VRSK	VRSK	2,550	$489.2k0.21%	0.21%	Unchanged
76	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$465.6k0.20%	0.20%	Reduced -2	-2 -66.7%
77	LINDE PLC SHS LIN	LIN	1,233	$434.1k0.19%	0.19%	New
78	BANK AMERICA CORP COM BAC	BAC	13,932	$398.5k0.17%	0.17%	Reduced -475	-475 -3.3%
79	RTX CORPORATION COM RTX	RTX	3,804	$372.5k0.16%	0.16%	Added +300	+300 8.6%
80	CROWN CASTLE INC COM CCI	CCI	2,722	$364.3k0.16%	0.16%	Reduced -1.3k	-1,349 -33.1%
81	TORONTO DOMINION BK ONT COM NEW TD	TD	5,622	$336.8k0.15%	0.15%	Unchanged
82	EXXON MOBIL CORP COM XOM	XOM	2,850	$312.5k0.14%	0.14%	Added +12	+12 0.4%
83	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	1,243	$310.1k0.13%	0.13%	Reduced -133	-133 -9.7%
84	EMERSON ELEC CO COM EMR	EMR	3,496	$304.6k0.13%	0.13%	Added +48	+48 1.4%
85	ISHARES TR U.S. REAL ES ETF IYR	IYR	3,525	$299.3k0.13%	0.13%	Unchanged
86	MERCK & CO INC COM MRK	MRK	2,664	$283.4k0.12%	0.12%	Added +119	+119 4.7%
87	VANGUARD INDEX FDS VALUE ETF VTV	VTV	1,944	$268.5k0.12%	0.12%	Unchanged
88	VANGUARD INDEX FDS MID CAP ETF VO	VO	1,242	$262.0k0.11%	0.11%	Unchanged
89	BANK MONTREAL QUE COM BMO	BMO	2,920	$260.2k0.11%	0.11%	Unchanged
90	BLACKROCK INC COM BLK	BLK	372	$248.9k0.11%	0.11%	New
91	COCA COLA CO COM KO	KO	3,824	$237.2k0.10%	0.10%	Added +60	+60 1.6%
92	ISHARES TR MBS ETF MBB	MBB	2,485	$235.4k0.10%	0.10%	Unchanged
93	ISHARES TR RUS 1000 VAL ETF IWD	IWD	1,536	$233.9k0.10%	0.10%	Unchanged
94	ISHARES TR RUS MID CAP ETF IWR	IWR	3,296	$230.5k0.10%	0.10%	Unchanged
95	ISHARES TR MSCI EMG MKT ETF EEM	EEM	5,578	$220.1k0.10%	0.10%	Unchanged
96	METLIFE INC COM MET	MET	3,709	$214.9k0.09%	0.09%	Unchanged
97	ROCKWELL AUTOMATION INC COM ROK	ROK	731	$214.5k0.09%	0.09%	New
98	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	2,714	$207.6k0.09%	0.09%	Reduced -147	-147 -5.1%
99	COMPASS MINERALS INTL INC COM CMP	CMP	6,000	$205.7k0.09%	0.09%	Unchanged
100	VANGUARD INDEX FDS SMALL CP ETF VB	VB	1,072	$203.2k0.09%	0.09%	New

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
LINDE PLC 99952EUR	99952EUR	1,570	$512.1k1.6k shares