Enterprise Bank & Trust Co

LOWELL, MA · CIK 1770710 · 13F filing filed 2023-10-16

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

$242.5m reported value -7.2% vs Q2 2023

105positions

50.3%in top 10

2 new 19 added 56 reduced 12 sold out vs Q2 2023

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, Q3 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	97,721	$24.4m10.05%	10.05%	Added +1.5k	+1,535 1.6%
2	ISHARES TR CORE US AGGBD ET AGG	AGG	242,558	$22.8m9.40%	9.40%	Added +3.5k	+3,543 1.5%
3	FLEXSHARES TR MORNSTAR UPSTR GUNR	GUNR	382,030	$15.4m6.37%	6.37%	Added +13.4k	+13,383 3.6%
4	APPLE INC COM AAPL	AAPL	72,009	$12.3m5.08%	5.08%	Reduced -159	-159 -0.2%
5	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	146,193	$11.1m4.56%	4.56%	Added +874	+874 0.6%
6	MICROSOFT CORP COM MSFT	MSFT	34,789	$11.0m4.53%	4.53%	Reduced -605	-605 -1.7%
7	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	16,710	$7.1m2.95%	2.95%	Added +1.1k	+1,053 6.7%
8	ALPHABET INC CAP STK CL A GOOGL	GOOGL	46,319	$6.1m2.50%	2.50%	Reduced -347	-347 -0.7%
9	AMAZON COM INC COM AMZN	AMZN	46,993	$6.0m2.46%	2.46%	Reduced -782	-782 -1.6%
10	NVIDIA CORPORATION COM NVDA	NVDA	13,278	$5.8m2.38%	2.38%	Reduced -1.4k	-1,390 -9.5%
11	ELI LILLY & CO COM LLY	LLY	9,061	$4.9m2.01%	2.01%	Reduced -299	-299 -3.2%
12	COSTCO WHSL CORP NEW COM COST	COST	7,908	$4.5m1.84%	1.84%	Reduced -132	-132 -1.6%
13	JPMORGAN CHASE & CO COM JPM	JPM	27,871	$4.0m1.67%	1.67%	Reduced -196	-196 -0.7%
14	META PLATFORMS INC CL A META	META	13,368	$4.0m1.65%	1.65%	Reduced -260	-260 -1.9%
15	CHEVRON CORP NEW COM CVX	CVX	23,609	$4.0m1.64%	1.64%	Added +75	+75 0.3%
16	ISHARES TR NATIONAL MUN ETF MUB	MUB	35,076	$3.6m1.48%	1.48%	Unchanged
17	PALO ALTO NETWORKS INC COM PANW	PANW	14,252	$3.3m1.38%	1.38%	Reduced -718	-718 -4.8%
18	PEPSICO INC COM PEP	PEP	18,621	$3.2m1.30%	1.30%	Reduced -457	-457 -2.4%
19	TJX COS INC NEW COM TJX	TJX	34,728	$3.1m1.27%	1.27%	Reduced -1.9k	-1,909 -5.2%
20	ISHARES TR CORE S&P500 ETF IVV	IVV	6,879	$3.0m1.22%	1.22%	Reduced -200	-200 -2.8%
21	MASTERCARD INCORPORATED CL A MA	MA	7,050	$2.8m1.15%	1.15%	Reduced -96	-96 -1.3%
22	NIKE INC CL B NKE	NKE	28,926	$2.8m1.14%	1.14%	Reduced -439	-439 -1.5%
23	VISA INC COM CL A V	V	11,509	$2.6m1.09%	1.09%	Reduced -52	-52 -0.5%
24	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	5,165	$2.6m1.08%	1.08%	Reduced -70	-70 -1.3%
25	ABBOTT LABS COM ABT	ABT	26,792	$2.6m1.07%	1.07%	Reduced -12	-12 -0.0%
26	DANAHER CORPORATION COM DHR	DHR	10,379	$2.6m1.06%	1.06%	Reduced -82	-82 -0.8%
27	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	8,364	$2.6m1.06%	1.06%	Reduced -141	-141 -1.7%
28	HOME DEPOT INC COM HD	HD	8,440	$2.6m1.05%	1.05%	Reduced -304	-304 -3.5%
29	SALESFORCE INC COM CRM	CRM	12,089	$2.5m1.01%	1.01%	Reduced -251	-251 -2.0%
30	HONEYWELL INTL INC COM COM		12,564	$2.3m0.96%	0.96%	Reduced -90	-90 -0.7%
31	ALPHABET INC CAP STK CL C GOOG	GOOG	17,127	$2.3m0.93%	0.93%	Reduced -161	-161 -0.9%
32	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	1,168	$2.1m0.88%	0.88%	Reduced -28	-28 -2.3%
33	UNION PAC CORP COM UNP	UNP	10,449	$2.1m0.88%	0.88%	Reduced -247	-247 -2.3%
34	GENERAL DYNAMICS CORP COM GD	GD	9,375	$2.1m0.85%	0.85%	Reduced -14	-14 -0.1%
35	S&P GLOBAL INC COM SPGI	SPGI	4,943	$1.8m0.74%	0.74%	Reduced -215	-215 -4.2%
36	AMERICAN TOWER CORP NEW COM AMT	AMT	10,948	$1.8m0.74%	0.74%	Reduced -248	-248 -2.2%
37	SCHLUMBERGER LTD COM STK SLB	SLB	30,538	$1.8m0.73%	0.73%	Added +156	+156 0.5%
38	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	15,052	$1.7m0.68%	0.68%	Reduced -26	-26 -0.2%
39	MARSH & MCLENNAN COS INC COM MRSH	MRSH	7,985	$1.5m0.63%	0.63%	Reduced -4	-4 -0.1%
40	CDW CORP COM CDW	CDW	7,282	$1.5m0.61%	0.61%	Unchanged
41	ANALOG DEVICES INC COM ADI	ADI	8,152	$1.4m0.59%	0.59%	Reduced -70	-70 -0.8%
42	MONDELEZ INTL INC CL A MDLZ	MDLZ	20,110	$1.4m0.58%	0.58%	Added +280	+280 1.4%
43	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	34,650	$1.4m0.56%	0.56%	Reduced -40	-40 -0.1%
44	NEXTERA ENERGY INC COM NEE	NEE	21,664	$1.2m0.51%	0.51%	Added +261	+261 1.2%
45	FREEPORT-MCMORAN INC CL B FCX	FCX	32,853	$1.2m0.51%	0.51%	Reduced -14	-14 -0.0%
46	BIOGEN INC COM BIIB	BIIB	4,655	$1.2m0.49%	0.49%	Added +55	+55 1.2%
47	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	25,687	$1.1m0.46%	0.46%	Unchanged
48	PROCTER AND GAMBLE CO COM PG	PG	7,448	$1.1m0.45%	0.45%	Reduced -279	-279 -3.6%
49	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	3,965	$1.1m0.45%	0.45%	Unchanged
50	FIDUS INVT CORP COM FDUS	FDUS	55,912	$1.1m0.44%	0.44%	Unchanged
51	MCDONALDS CORP COM MCD	MCD	3,939	$1.0m0.43%	0.43%	Added +1.7k	+1,667 73.4%
52	ADOBE INC COM ADBE	ADBE	1,965	$1.0m0.41%	0.41%	Reduced -18	-18 -0.9%
53	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	2,525	$991.6k0.41%	0.41%	Reduced -18	-18 -0.7%
54	ISHARES TR MSCI EAFE ETF EFA	EFA	13,914	$959.0k0.40%	0.40%	Reduced -100	-100 -0.7%
55	MASCO CORP COM MAS	MAS	17,569	$939.1k0.39%	0.39%	Added +225	+225 1.3%
56	BAR HBR BANKSHARES COM BHB	BHB	38,947	$920.3k0.38%	0.38%	Unchanged
57	ISHARES TR 1 3 YR TREAS BD SHY	SHY	11,072	$896.5k0.37%	0.37%	Unchanged
58	BOEING CO COM BA	BA	4,294	$823.1k0.34%	0.34%	Added +103	+103 2.5%
59	GSK PLC SPONSORED ADR GSK	GSK	22,038	$798.9k0.33%	0.33%	Added +255	+255 1.2%
60	EASTERN BANKSHARES INC COM EBC	EBC	55,159	$691.7k0.29%	0.29%	Unchanged
61	LAUDER ESTEE COS INC CL A EL	EL	4,694	$678.5k0.28%	0.28%	Reduced -94	-94 -2.0%
62	DISNEY WALT CO COM DIS	DIS	8,218	$666.1k0.27%	0.27%	Reduced -1.0k	-1,046 -11.3%
63	ISHARES TR RUS 1000 GRW ETF IWF	IWF	2,230	$593.2k0.24%	0.24%	Reduced -15	-15 -0.7%
64	TEXAS INSTRS INC COM TXN	TXN	3,502	$556.9k0.23%	0.23%	Reduced -6.1k	-6,131 -63.6%
65	BLACKSTONE INC COM BX	BX	5,190	$556.1k0.23%	0.23%	Unchanged
66	PFIZER INC COM PFE	PFE	16,503	$547.4k0.23%	0.23%	Reduced -481	-481 -2.8%
67	VERISK ANALYTICS INC COM VRSK	VRSK	2,260	$533.9k0.22%	0.22%	Reduced -290	-290 -11.4%
68	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$531.5k0.22%	0.22%	Unchanged
69	SCHWAB CHARLES CORP COM SCHW	SCHW	9,575	$525.7k0.22%	0.22%	Reduced -93	-93 -1.0%
70	LINDE PLC SHS LIN	LIN	1,390	$517.6k0.21%	0.21%	Reduced -10	-10 -0.7%
71	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	16,056	$517.5k0.21%	0.21%	Unchanged
72	VANGUARD SCOTTSDALE FDS VNG RUS2000IDX VTWO	VTWO	6,877	$491.3k0.20%	0.20%	Unchanged
73	EXTRA SPACE STORAGE INC COM EXR	EXR	3,910	$475.4k0.20%	0.20%	Unchanged
74	ISHARES TR IBOXX HI YD ETF HYG	HYG	6,421	$473.4k0.20%	0.20%	Reduced -174	-174 -2.6%
75	TRANSUNION COM TRU	TRU	6,550	$470.2k0.19%	0.19%	Unchanged
76	BANK AMERICA CORP COM BAC	BAC	17,031	$466.3k0.19%	0.19%	Reduced -2.5k	-2,464 -12.6%
77	GRAINGER W W INC COM GWW	GWW	656	$453.8k0.19%	0.19%	New
78	VANGUARD INDEX FDS VALUE ETF VTV	VTV	3,194	$440.5k0.18%	0.18%	Unchanged
79	ROYAL BK CDA COM RY	RY	4,800	$419.7k0.17%	0.17%	Unchanged
80	CONOCOPHILLIPS COM COP	COP	3,375	$404.3k0.17%	0.17%	Unchanged
81	BROADCOM INC COM AVGO	AVGO	485	$402.8k0.17%	0.17%	Added +9	+9 1.9%
82	MERCK & CO INC COM MRK	MRK	3,872	$398.6k0.16%	0.16%	Reduced -96	-96 -2.4%
83	EXXON MOBIL CORP COM XOM	XOM	3,191	$375.2k0.15%	0.15%	Unchanged
84	VERIZON COMMUNICATIONS INC COM VZ	VZ	11,102	$359.8k0.15%	0.15%	Reduced -4.5k	-4,518 -28.9%
85	ISHARES INC CORE MSCI EMKT IEMG	IEMG	7,552	$359.4k0.15%	0.15%	Unchanged
86	TESLA INC COM TSLA	TSLA	1,394	$348.8k0.14%	0.14%	Added +27	+27 2.0%
87	EMERSON ELEC CO COM EMR	EMR	3,549	$342.7k0.14%	0.14%	Reduced -178	-178 -4.8%
88	RTX CORPORATION COM RTX	RTX	4,251	$305.9k0.13%	0.13%	Reduced -248	-248 -5.5%
89	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	10,472	$281.8k0.12%	0.12%	Reduced -2.9k	-2,897 -21.7%
90	ISHARES TR U.S. REAL ES ETF IYR	IYR	3,525	$275.4k0.11%	0.11%	Unchanged
91	WALMART INC COM WMT	WMT	1,719	$274.9k0.11%	0.11%	Unchanged
92	COCA COLA CO COM KO	KO	4,854	$271.7k0.11%	0.11%	Reduced -870	-870 -15.2%
93	METLIFE INC COM MET	MET	4,310	$271.1k0.11%	0.11%	Unchanged
94	CISCO SYS INC COM CSCO	CSCO	4,924	$264.7k0.11%	0.11%	Added +690	+690 16.3%
95	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	4,382	$254.3k0.10%	0.10%	Added +364	+364 9.1%
96	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	920	$250.5k0.10%	0.10%	Reduced -92	-92 -9.1%
97	BANK MONTREAL QUE COM BMO	BMO	2,920	$246.4k0.10%	0.10%	Unchanged
98	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	674	$236.1k0.10%	0.10%	Added +20	+20 3.1%
99	CAMBRIDGE BANCORP COM COM		3,648	$227.2k0.09%	0.09%	New
100	ISHARES TR RUS MID CAP ETF IWR	IWR	3,216	$222.7k0.09%	0.09%	Reduced -80	-80 -2.4%

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
UNITEDHEALTH GROUP INC UNH	UNH	9,534	$4.6m9.5k shares
ISHARES TR DSI	DSI	11,990	$1.0m12.0k shares
JOHNSON & JOHNSON JNJ	JNJ	5,751	$951.9k5.8k shares
DUPONT DE NEMOURS INC DWDP	DWDP	10,480	$748.7k10.5k shares
TORONTO DOMINION BK ONT TD	TD	5,622	$348.6k5.6k shares
BLACKROCK INC BLK	BLK	410	$283.4k410 shares
NEXTERA ENERGY PARTNERS LP XIFR	XIFR	3,806	$223.2k3.8k shares
VANGUARD BD INDEX FDS BSV	BSV	2,751	$207.9k2.8k shares
COMPASS MINERALS INTL INC CMP	CMP	6,000	$204.0k6.0k shares
VANGUARD WORLD FD MGC	MGC	1,285	$201.1k1.3k shares
AT&T INC T	T	10,546	$168.2k10.5k shares
WEWORK INC		40,000	$10.2k40.0k shares