Enterprise Bank & Trust Co

LOWELL, MA · CIK 1770710 · 13F filing filed 2024-07-10

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.

$292.8m reported value +0.5% vs Q1 2024

121positions

49.7%in top 10

3 new 36 added 44 reduced 6 sold out vs Q1 2024

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, Q2 2024

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 US AGGBD ET AGG	AGG	256,296	$24.9m8.50%	8.50%	Added +4.5k	+4,451 1.8%
2	ISHARES TR CORE S&P MCP ETF IJH	IJH	356,006	$20.8m7.12%	7.12%	Reduced -110.3k	-110,328 -23.7%
3	FLEXSHARES TR MORNSTAR UPSTR GUNR	GUNR	458,473	$18.4m6.29%	6.29%	Added +26.3k	+26,290 6.1%
4	MICROSOFT CORP COM MSFT	MSFT	36,417	$16.3m5.56%	5.56%	Added +680	+680 1.9%
5	APPLE INC COM AAPL	AAPL	71,454	$15.0m5.14%	5.14%	Added +2.8k	+2,828 4.1%
6	NVIDIA CORPORATION COM NVDA	NVDA	109,116	$13.5m4.60%	4.60%	Reduced -8.9k	-8,854 -7.5%
7	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	150,515	$12.6m4.31%	4.31%	Added +1.3k	+1,343 0.9%
8	AMAZON COM INC COM AMZN	AMZN	43,122	$8.3m2.85%	2.85%	Reduced -793	-793 -1.8%
9	ALPHABET INC CAP STK CL A GOOGL	GOOGL	44,023	$8.0m2.74%	2.74%	Reduced -372	-372 -0.8%
10	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	13,792	$7.5m2.56%	2.56%	Reduced -34	-34 -0.2%
11	ELI LILLY & CO COM LLY	LLY	6,958	$6.3m2.15%	2.15%	Reduced -376	-376 -5.1%
12	COSTCO WHSL CORP NEW COM COST	COST	7,318	$6.2m2.12%	2.12%	Reduced -32	-32 -0.4%
13	META PLATFORMS INC CL A META	META	12,123	$6.1m2.09%	2.09%	Reduced -360	-360 -2.9%
14	JPMORGAN CHASE & CO COM JPM	JPM	29,148	$5.9m2.01%	2.01%	Added +82	+82 0.3%
15	UNITEDHEALTH GROUP INC COM UNH	UNH	8,782	$4.5m1.53%	1.53%	Reduced -173	-173 -1.9%
16	ISHARES TR CORE S&P500 ETF IVV	IVV	6,988	$3.8m1.31%	1.31%	Added +134	+134 2.0%
17	CHEVRON CORP NEW COM CVX	CVX	23,058	$3.6m1.23%	1.23%	Added +138	+138 0.6%
18	TJX COS INC NEW COM TJX	TJX	32,309	$3.6m1.22%	1.22%	Reduced -131	-131 -0.4%
19	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	56,173	$3.5m1.20%	1.20%	Reduced -977	-977 -1.7%
20	PALO ALTO NETWORKS INC COM PANW	PANW	9,799	$3.3m1.13%	1.13%	Added +242	+242 2.5%
21	HOME DEPOT INC COM HD	HD	9,434	$3.2m1.11%	1.11%	Added +323	+323 3.5%
22	PEPSICO INC COM PEP	PEP	18,666	$3.1m1.05%	1.05%	Added +51	+51 0.3%
23	MASTERCARD INCORPORATED CL A MA	MA	6,795	$3.0m1.02%	1.02%	Reduced -28	-28 -0.4%
24	ALPHABET INC CAP STK CL C GOOG	GOOG	16,309	$3.0m1.02%	1.02%	Added +454	+454 2.9%
25	ABBOTT LABS COM ABT	ABT	28,425	$3.0m1.01%	1.01%	Added +81	+81 0.3%
26	VISA INC COM CL A V	V	11,191	$2.9m1.00%	1.00%	Reduced -248	-248 -2.2%
27	SALESFORCE INC COM CRM	CRM	11,288	$2.9m0.99%	0.99%	Reduced -7	-7 -0.1%
28	HONEYWELL INTL INC COM COM		13,429	$2.9m0.98%	0.98%	Added +80	+80 0.6%
29	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	8,934	$2.7m0.93%	0.93%	Reduced -122	-122 -1.4%
30	GENERAL DYNAMICS CORP COM GD	GD	9,296	$2.7m0.92%	0.92%	Added +32	+32 0.3%
31	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	4,711	$2.6m0.89%	0.89%	Reduced -174	-174 -3.6%
32	UNION PAC CORP COM UNP	UNP	11,131	$2.5m0.86%	0.86%	Reduced -15	-15 -0.1%
33	DANAHER CORPORATION COM DHR	DHR	9,269	$2.3m0.79%	0.79%	Reduced -76	-76 -0.8%
34	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	16,600	$2.3m0.78%	0.78%	Reduced -76	-76 -0.5%
35	S&P GLOBAL INC COM SPGI	SPGI	4,759	$2.1m0.72%	0.72%	Reduced -20	-20 -0.4%
36	ANALOG DEVICES INC COM ADI	ADI	9,092	$2.1m0.71%	0.71%	Added +78	+78 0.9%
37	MARSH & MCLENNAN COS INC COM MRSH	MRSH	9,612	$2.0m0.69%	0.69%	Reduced -6	-6 -0.1%
38	NIKE INC CL B NKE	NKE	26,643	$2.0m0.69%	0.69%	Reduced -580	-580 -2.1%
39	AMERICAN TOWER CORP NEW COM AMT	AMT	10,317	$2.0m0.68%	0.68%	Reduced -24	-24 -0.2%
40	CDW CORP COM CDW	CDW	7,980	$1.8m0.61%	0.61%	Reduced -35	-35 -0.4%
41	PROCTER AND GAMBLE CO COM PG	PG	10,708	$1.8m0.60%	0.60%	Added +773	+773 7.8%
42	SCHLUMBERGER LTD COM STK SLB	SLB	33,652	$1.6m0.54%	0.54%	Added +862	+862 2.6%
43	MONDELEZ INTL INC CL A MDLZ	MDLZ	23,958	$1.6m0.54%	0.54%	Added +727	+727 3.1%
44	FREEPORT-MCMORAN INC CL B FCX	FCX	32,164	$1.6m0.53%	0.53%	Reduced -312	-312 -1.0%
45	NEXTERA ENERGY INC COM NEE	NEE	21,489	$1.5m0.52%	0.52%	Reduced -215	-215 -1.0%
46	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	33,635	$1.5m0.50%	0.50%	Reduced -66	-66 -0.2%
47	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	3,730	$1.4m0.49%	0.49%	Reduced -200	-200 -5.1%
48	ADOBE INC COM ADBE	ADBE	2,374	$1.3m0.45%	0.45%	Added +219	+219 10.2%
49	MASCO CORP COM MAS	MAS	18,708	$1.2m0.43%	0.43%	Reduced -161	-161 -0.8%
50	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	2,486	$1.2m0.42%	0.42%	Reduced -19	-19 -0.8%
51	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	25,096	$1.2m0.42%	0.42%	Added +340	+340 1.4%
52	DISNEY WALT CO COM DIS	DIS	11,140	$1.1m0.38%	0.38%	Added +726	+726 7.0%
53	FIDUS INVT CORP COM FDUS	FDUS	55,912	$1.1m0.37%	0.37%	Unchanged
54	MCDONALDS CORP COM MCD	MCD	4,196	$1.1m0.37%	0.37%	Reduced -8	-8 -0.2%
55	BIOGEN INC COM BIIB	BIIB	4,571	$1.1m0.36%	0.36%	Reduced -49	-49 -1.1%
56	BAR HBR BANKSHARES COM BHB	BHB	38,947	$1.0m0.36%	0.36%	Unchanged
57	ISHARES TR MSCI EAFE ETF EFA	EFA	13,118	$1.0m0.35%	0.35%	Reduced -75	-75 -0.6%
58	GSK PLC SPONSORED ADR GSK	GSK	25,608	$985.9k0.34%	0.34%	Added +824	+824 3.3%
59	ISHARES TR 1 3 YR TREAS BD SHY	SHY	11,172	$912.2k0.31%	0.31%	Unchanged
60	DUPONT DE NEMOURS INC COM DWDP	DWDP	10,207	$821.6k0.28%	0.28%	Reduced -110	-110 -1.1%
61	ISHARES TR RUS 1000 GRW ETF IWF	IWF	2,164	$788.8k0.27%	0.27%	Unchanged
62	BOEING CO COM BA	BA	4,142	$753.9k0.26%	0.26%	Added +85	+85 2.1%
63	SCHWAB CHARLES CORP COM SCHW	SCHW	10,140	$747.2k0.26%	0.26%	Added +1.0k	+1,013 11.1%
64	JOHNSON & JOHNSON COM JNJ	JNJ	5,100	$745.4k0.25%	0.25%	Reduced -220	-220 -4.1%
65	MERCK & CO INC COM MRK	MRK	5,825	$721.1k0.25%	0.25%	Unchanged
66	GRAINGER W W INC COM GWW	GWW	716	$646.0k0.22%	0.22%	Added +35	+35 5.1%
67	SPDR SER TR MSCI USA STRTGIC QUS	QUS	4,360	$642.9k0.22%	0.22%	Unchanged
68	BANK AMERICA CORP COM BAC	BAC	15,573	$619.3k0.21%	0.21%	Reduced -100	-100 -0.6%
69	TEXAS INSTRS INC COM TXN	TXN	3,158	$614.3k0.21%	0.21%	Reduced -57	-57 -1.8%
70	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$612.2k0.21%	0.21%	Unchanged
71	EXTRA SPACE STORAGE INC COM EXR	EXR	3,910	$607.7k0.21%	0.21%	Unchanged
72	BROADCOM INC COM AVGO	AVGO	360	$578.0k0.20%	0.20%	Reduced -35	-35 -8.9%
73	VANGUARD SCOTTSDALE FDS VNG RUS2000IDX VTWO	VTWO	6,877	$563.7k0.19%	0.19%	Unchanged
74	ORACLE CORP COM ORCL	ORCL	3,868	$546.2k0.19%	0.19%	Added +1.2k	+1,203 45.1%
75	VERISK ANALYTICS INC COM VRSK	VRSK	2,010	$541.8k0.19%	0.19%	Unchanged
76	TEXAS PACIFIC LAND CORPORATI COM TPL	TPL	735	$539.7k0.18%	0.18%	Unchanged
77	ROYAL BK CDA COM RY	RY	4,800	$510.6k0.17%	0.17%	Unchanged
78	LAUDER ESTEE COS INC CL A EL	EL	4,793	$510.0k0.17%	0.17%	Reduced -110	-110 -2.2%
79	EXXON MOBIL CORP COM XOM	XOM	4,232	$487.2k0.17%	0.17%	Added +58	+58 1.4%
80	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	6,601	$475.6k0.16%	0.16%	Unchanged
81	TRANSUNION COM TRU	TRU	6,400	$474.6k0.16%	0.16%	Unchanged
82	BLACKSTONE INC COM BX	BX	3,780	$468.0k0.16%	0.16%	Added +137	+137 3.8%
83	TORONTO DOMINION BK ONT COM NEW TD	TD	7,622	$418.9k0.14%	0.14%	Unchanged
84	ABBVIE INC COM ABBV	ABBV	2,379	$408.0k0.14%	0.14%	Unchanged
85	CONOCOPHILLIPS COM COP	COP	3,475	$397.5k0.14%	0.14%	Unchanged
86	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	4,440	$380.3k0.13%	0.13%	Unchanged
87	EMERSON ELEC CO COM EMR	EMR	3,377	$372.0k0.13%	0.13%	Unchanged
88	VERIZON COMMUNICATIONS INC COM VZ	VZ	9,001	$371.2k0.13%	0.13%	Reduced -647	-647 -6.7%
89	RTX CORPORATION COM RTX	RTX	3,550	$356.4k0.12%	0.12%	Added +100	+100 2.9%
90	VANECK ETF TRUST JUNIOR GOLD MINE GDXJ	GDXJ	8,083	$340.5k0.12%	0.12%	Unchanged
91	ISHARES TR NATIONAL MUN ETF MUB	MUB	3,186	$339.5k0.12%	0.12%	Unchanged
92	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	1,944	$336.2k0.11%	0.11%	Added +33	+33 1.7%
93	WALMART INC COM WMT	WMT	4,908	$332.3k0.11%	0.11%	Unchanged
94	PFIZER INC COM PFE	PFE	11,499	$321.7k0.11%	0.11%	Added +106	+106 0.9%
95	CISCO SYS INC COM CSCO	CSCO	6,623	$314.7k0.11%	0.11%	Added +93	+93 1.4%
96	ISHARES TR U.S. REAL ES ETF IYR	IYR	3,525	$309.3k0.11%	0.11%	Unchanged
97	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	825	$308.6k0.11%	0.11%	Unchanged
98	LINDE PLC SHS LIN	LIN	698	$306.3k0.10%	0.10%	Unchanged
99	ISHARES TR IBOXX HI YD ETF HYG	HYG	3,851	$297.1k0.10%	0.10%	Reduced -2.5k	-2,500 -39.4%
100	VANGUARD INDEX FDS VALUE ETF VTV	VTV	1,805	$289.5k0.10%	0.10%	Reduced -139	-139 -7.2%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
EASTERN BANKSHARES INC EBC	EBC	55,159	$760.1k55.2k shares
VANECK ETF TRUST GDX	GDX	9,200	$290.9k9.2k shares
BRISTOL-MYERS SQUIBB CO BMY	BMY	4,316	$234.1k4.3k shares
CELESTICA INC		4,724	$212.3k4.7k shares
ROCKWELL AUTOMATION INC ROK	ROK	716	$208.6k716 shares
BANK NOVA SCOTIA HALIFAX BNS	BNS	3,977	$205.9k4.0k shares