Redmont Wealth Advisors LLC Boosts Stock Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Redmont Wealth Advisors LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,163 shares of the company’s stock after purchasing an additional 2,140 shares during the quarter. ProShares S&P 500 Aristocrats ETF comprises approximately 7.9% of Redmont Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Redmont Wealth Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $4,596,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 10,658.8% in the 3rd quarter. International Assets Investment Management LLC now owns 912,564 shares of the company’s stock valued at $97,425,000 after purchasing an additional 904,082 shares during the period. Rockland Trust Co. boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 10,247.5% in the third quarter. Rockland Trust Co. now owns 623,542 shares of the company’s stock valued at $66,569,000 after acquiring an additional 617,516 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the second quarter valued at about $36,464,000. LPL Financial LLC increased its position in ProShares S&P 500 Aristocrats ETF by 4.1% during the third quarter. LPL Financial LLC now owns 3,135,520 shares of the company’s stock worth $334,748,000 after acquiring an additional 124,305 shares during the period. Finally, Ted Buchan & Co bought a new position in ProShares S&P 500 Aristocrats ETF during the second quarter worth about $8,124,000.

ProShares S&P 500 Aristocrats ETF Stock Up 1.9 %

BATS NOBL opened at $101.16 on Thursday. The firm has a 50-day moving average price of $103.08 and a two-hundred day moving average price of $103.21. ProShares S&P 500 Aristocrats ETF has a 12-month low of $55.69 and a 12-month high of $67.97. The company has a market capitalization of $12.29 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.5863 per share. 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.