Gladstone Institutional Advisory LLC Acquires 908 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Gladstone Institutional Advisory LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,369 shares of the company’s stock after buying an additional 908 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,729,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wolff Wiese Magana LLC lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 147.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock valued at $26,000 after buying an additional 147 shares in the last quarter. Farmers & Merchants Investments Inc. purchased a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at approximately $40,000. GAMMA Investing LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF in the third quarter worth approximately $44,000. Decker Retirement Planning Inc. purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter worth $45,000. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at $53,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

NOBL opened at $101.23 on Thursday. The stock has a market cap of $12.29 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. The firm’s fifty day moving average is $101.64 and its 200 day moving average is $103.58. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $55.69 and a fifty-two week high of $67.97.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.5863 dividend. 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.