Dearborn Partners LLC Takes Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Dearborn Partners LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,505 shares of the company’s stock, valued at approximately $448,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Strategic Financial Concepts LLC lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 12,704.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 3,822,998 shares of the company’s stock valued at $380,579,000 after acquiring an additional 3,793,141 shares in the last quarter. LPL Financial LLC lifted its holdings in ProShares S&P 500 Aristocrats ETF by 4.1% in the 3rd quarter. LPL Financial LLC now owns 3,135,520 shares of the company’s stock valued at $334,748,000 after purchasing an additional 124,305 shares in the last quarter. Raymond James Financial Inc. purchased a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at $223,255,000. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 0.8% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,238,395 shares of the company’s stock worth $123,282,000 after purchasing an additional 9,728 shares during the last quarter. Finally, IAM Advisory LLC grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 2.2% during the fourth quarter. IAM Advisory LLC now owns 649,451 shares of the company’s stock worth $64,653,000 after buying an additional 13,844 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 2.8 %

Shares of BATS NOBL opened at $102.02 on Wednesday. The company has a 50-day moving average of $101.51 and a 200 day moving average of $103.83. ProShares S&P 500 Aristocrats ETF has a 12-month low of $94.83 and a 12-month high of $108.79. The stock has a market cap of $11.73 billion, a PE ratio of 23.15 and a beta of 0.92.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.5863 dividend. The ex-dividend date was Monday, December 23rd.

ProShares S&P 500 Aristocrats ETF Company Profile

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is an exchange-traded fund that is based on the S&P 500 Dividend Aristocrats index. The fund tracks an equal-weighted index of S&P 500 constituents that have increased dividend payments annually for at least 25 years. NOBL was launched on Oct 9, 2013 and is managed by ProShares.