Cassaday & Co Wealth Management LLC Buys 45,410 Shares of ProShares S&P 500 Aristocrats ETF $NOBL

Cassaday & Co Wealth Management LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 7.4% in the second quarter, Holdings Channel reports. The firm owned 661,070 shares of the company’s stock after acquiring an additional 45,410 shares during the period. ProShares S&P 500 Aristocrats ETF comprises about 1.7% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its 13th biggest position. Cassaday & Co Wealth Management LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $66,570,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Bison Wealth LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 1.3% during the fourth quarter. Bison Wealth LLC now owns 9,410 shares of the company’s stock worth $937,000 after acquiring an additional 121 shares in the last quarter. Bank of New York Mellon Corp raised its stake in ProShares S&P 500 Aristocrats ETF by 49.7% during the first quarter. Bank of New York Mellon Corp now owns 16,311 shares of the company’s stock worth $1,667,000 after acquiring an additional 5,417 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 17.3% during the first quarter. Concurrent Investment Advisors LLC now owns 14,092 shares of the company’s stock worth $1,440,000 after acquiring an additional 2,076 shares in the last quarter. Heritage Wealth Management Inc. raised its stake in ProShares S&P 500 Aristocrats ETF by 46.6% during the first quarter. Heritage Wealth Management Inc. now owns 6,137 shares of the company’s stock worth $627,000 after acquiring an additional 1,952 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 15.4% during the first quarter. TD Private Client Wealth LLC now owns 3,731 shares of the company’s stock worth $381,000 after acquiring an additional 498 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

ProShares S&P 500 Aristocrats ETF stock opened at $100.78 on Tuesday. The stock has a fifty day moving average price of $103.16 and a two-hundred day moving average price of $101.79. ProShares S&P 500 Aristocrats ETF has a 52-week low of $89.76 and a 52-week high of $108.79. The firm has a market capitalization of $11.43 billion, a P/E ratio of 21.15 and a beta of 0.87.

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.