WealthBridge Capital Management LLC Increases Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

WealthBridge Capital Management LLC lifted its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 25,500 shares of the company’s stock after purchasing an additional 1,031 shares during the quarter. WealthBridge Capital Management LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,538,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. purchased a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at $40,000. Decker Retirement Planning Inc. bought a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at $45,000. Sugar Maple Asset Management LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at $53,000. TD Private Client Wealth LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the third quarter valued at $65,000. Finally, Belmont Capital LLC lifted its position in ProShares S&P 500 Aristocrats ETF by 16.3% during the third quarter. Belmont Capital LLC now owns 841 shares of the company’s stock valued at $90,000 after purchasing an additional 118 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Up 2.9 %

NOBL stock opened at $102.16 on Thursday. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97. The company has a fifty day simple moving average of $101.17 and a two-hundred day simple moving average of $103.60. The firm has a market capitalization of $12.41 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.5863 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About ProShares S&P 500 Aristocrats ETF

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.