GROVE BANK & TRUST

Filed: 7/27/2023ACC: 0000950123-23-006329

📋 What this filing means

GROVE BANK & TRUST filed this quarterly 13F‑HR report disclosing 636 equity positions with a total reported market value of $495.12M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

636

Positions

$495.12M

Total AUM (reported)

4.83M

Total Shares

Allocation by class

COM$181.69M36.7%

S&P 500 ETF SHS$39.13M7.9%

CORE S&P MCP ETF$33.65M6.8%

CORE S&P SCP ETF$29.45M5.9%

CORE MSCI EAFE$11.99M2.4%

CORE S&P500 ETF$10.36M2.1%

CORE MSCI EMKT$10.16M2.1%

Portfolio Concentration

Top 3$106.31M21.5%

4–10$90.68M18.3%

11–25$92.23M18.6%

Rest$205.91M41.6%

Top 3 weight

21.5%

Top 10 weight

39.8%

Voting Authority Distribution

Total shares with voting rights: 4.83M

Sole

Full voting authority

3.73M

% of voting shares77.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.10M

% of voting shares22.7%

Investment Discretion (by position count)

Sole571

Shared0

Other65

Dominant voting typeSole · 77.3% of voting shares

Institutional Holdings636

Rows:

VANGUARD

DFND

S&P 500 ETF SHS

Shares96.07K

TypeSH

Market value$39.13M

7.90%

Sole

47.34K

Shared

0.00

None

48.73K

BlackRock Fund Advisors

DFND

CORE S&P MCP ETF

Shares128.68K

TypeSH

Market value$33.65M

6.80%

Sole

114.04K

Shared

0.00

None

14.64K

Apple Inc

DFND

COM

Shares172.88K

TypeSH

Market value$33.53M

6.77%

Sole

172.88K

Shared

0.00

None

0.00

BlackRock Fund Advisors

DFND

CORE S&P SCP ETF

Shares295.53K

TypeSH

Market value$29.45M

5.95%

Sole

257.73K

Shared

0.00

None

37.80K

ISHARES

SOLE

CORE MSCI EAFE

Shares177.60K

TypeSH

Market value$11.99M

2.42%

Sole

141.82K

Shared

0.00

None

35.78K

ISHARES

SOLE

CORE S&P500 ETF

Shares23.25K

TypeSH

Market value$10.36M

2.09%

Sole

22.57K

Shared

0.00

None

683.00

BlackRock Fund Advisors

DFND

CORE MSCI EMKT

Shares206.13K

TypeSH

Market value$10.16M

2.05%

Sole

118.37K

Shared

0.00

None

87.76K

BlackRock Fund Advisors

SOLE

SHRT NAT MUN ETF

Shares97.44K

TypeSH

Market value$10.14M

2.05%

Sole

94.37K

Shared

0.00

None

3.07K

MICROSOFT CORP

DFND

COM

Shares27.48K

TypeSH

Market value$9.36M

1.89%

Sole

21.39K

Shared

0.00

None

6.09K

Vanguard Group Inc/The

SOLE

TAX EXEMPT BD

Shares183.59K

TypeSH

Market value$9.22M

1.86%

Sole

178.16K

Shared

0.00

None

5.43K

Amazon.com Inc

SOLE

COM

Shares70.42K

TypeSH

Market value$9.18M

1.85%

Sole

29.27K

Shared

0.00

None

41.15K

STATE STREET ETF/USA

SOLE

UTSER1 S&PDCRP

Shares18.37K

TypeSH

Market value$8.80M

1.78%

Sole

18.21K

Shared

0.00

None

157.00

SSgA Funds Management Inc

SOLE

TR UNIT

Shares18.06K

TypeSH

Market value$8.00M

1.62%

Sole

18.06K

Shared

0.00

None

0.00

Exxon Mobil Corp

DFND

COM

Shares61.63K

TypeSH

Market value$6.61M

1.33%

Sole

61.63K

Shared

0.00

None

0.00

Vanguard ETF/USA

SOLE

VALUE ETF

Shares45.03K

TypeSH

Market value$6.40M

1.29%

Sole

30.50K

Shared

0.00

None

14.52K

ISHARES/USA

SOLE

NATIONAL MUN ETF

Shares57.86K

TypeSH

Market value$6.18M

1.25%

Sole

57.36K

Shared

0.00

None

506.00

First Trust Advisors LP

DFND

FST LOW OPPT EFT

Shares127.05K

TypeSH

Market value$6.06M

1.22%

Sole

125.55K

Shared

0.00

None

1.50K

BlackRock Fund Advisors

SOLE

CORE S&P TTL STK

Shares61.06K

TypeSH

Market value$5.97M

1.21%

Sole

61.06K

Shared

0.00

None

0.00

VANGUARD ETF/USA

SOLE

SHRT TRM CORP BD

Shares77.23K

TypeSH

Market value$5.84M

1.18%

Sole

70.79K

Shared

0.00

None

6.45K

ISHARES/USA

SOLE

RUS 1000 GRW ETF

Shares20.19K

TypeSH

Market value$5.55M

1.12%

Sole

20.19K

Shared

0.00

None

0.00

iShares ETFs/USA

DFND

MSCI EAFE ETF

Shares76.03K

TypeSH

Market value$5.51M

1.11%

Sole

75.94K

Shared

0.00

None

90.00

Vanguard Group Inc/The

SOLE

TOTAL BND MRKT

Shares65.90K

TypeSH

Market value$4.79M

0.97%

Sole

60.48K

Shared

0.00

None

5.42K

Vanguard ETF/USA

SOLE

MID CAP ETF

Shares21.63K

TypeSH

Market value$4.76M

0.96%

Sole

15.57K

Shared

0.00

None

6.06K

Alphabet Inc

DFND

CAP STK CL C

Shares36.39K

TypeSH

Market value$4.40M

0.89%

Sole

17.60K

Shared

0.00

None

18.79K

Vanguard ETF/USA

SOLE

SMALL CP ETF

Shares20.95K

TypeSH

Market value$4.17M

0.84%

Sole

14.19K

Shared

0.00

None

6.77K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARDDFND	S&P 500 ETF SHS	96.07K	SH	$39.13M 7.90%	47.34K	48.73K
BlackRock Fund AdvisorsDFND	CORE S&P MCP ETF	128.68K	SH	$33.65M 6.80%	114.04K	14.64K
Apple IncDFND	COM	172.88K	SH	$33.53M 6.77%	172.88K	0.00
BlackRock Fund AdvisorsDFND	CORE S&P SCP ETF	295.53K	SH	$29.45M 5.95%	257.73K	37.80K
ISHARESSOLE	CORE MSCI EAFE	177.60K	SH	$11.99M 2.42%	141.82K	35.78K
ISHARESSOLE	CORE S&P500 ETF	23.25K	SH	$10.36M 2.09%	22.57K	683.00
BlackRock Fund AdvisorsDFND	CORE MSCI EMKT	206.13K	SH	$10.16M 2.05%	118.37K	87.76K
BlackRock Fund AdvisorsSOLE	SHRT NAT MUN ETF	97.44K	SH	$10.14M 2.05%	94.37K	3.07K
MICROSOFT CORPDFND	COM	27.48K	SH	$9.36M 1.89%	21.39K	6.09K
Vanguard Group Inc/TheSOLE	TAX EXEMPT BD	183.59K	SH	$9.22M 1.86%	178.16K	5.43K
Amazon.com IncSOLE	COM	70.42K	SH	$9.18M 1.85%	29.27K	41.15K
STATE STREET ETF/USASOLE	UTSER1 S&PDCRP	18.37K	SH	$8.80M 1.78%	18.21K	157.00
SSgA Funds Management IncSOLE	TR UNIT	18.06K	SH	$8.00M 1.62%	18.06K	0.00
Exxon Mobil CorpDFND	COM	61.63K	SH	$6.61M 1.33%	61.63K	0.00
Vanguard ETF/USASOLE	VALUE ETF	45.03K	SH	$6.40M 1.29%	30.50K	14.52K
ISHARES/USASOLE	NATIONAL MUN ETF	57.86K	SH	$6.18M 1.25%	57.36K	506.00
First Trust Advisors LPDFND	FST LOW OPPT EFT	127.05K	SH	$6.06M 1.22%	125.55K	1.50K
BlackRock Fund AdvisorsSOLE	CORE S&P TTL STK	61.06K	SH	$5.97M 1.21%	61.06K	0.00
VANGUARD ETF/USASOLE	SHRT TRM CORP BD	77.23K	SH	$5.84M 1.18%	70.79K	6.45K
ISHARES/USASOLE	RUS 1000 GRW ETF	20.19K	SH	$5.55M 1.12%	20.19K	0.00
iShares ETFs/USADFND	MSCI EAFE ETF	76.03K	SH	$5.51M 1.11%	75.94K	90.00
Vanguard Group Inc/TheSOLE	TOTAL BND MRKT	65.90K	SH	$4.79M 0.97%	60.48K	5.42K
Vanguard ETF/USASOLE	MID CAP ETF	21.63K	SH	$4.76M 0.96%	15.57K	6.06K
Alphabet IncDFND	CAP STK CL C	36.39K	SH	$4.40M 0.89%	17.60K	18.79K
Vanguard ETF/USASOLE	SMALL CP ETF	20.95K	SH	$4.17M 0.84%	14.19K	6.77K

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