Trust Co. of Vermont Trims Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Trust Co. of Vermont reduced its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 28.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 504 shares of the company’s stock after selling 200 shares during the period. Trust Co. of Vermont’s holdings in ProShares S&P 500 Aristocrats ETF were worth $48,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Howland Capital Management LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 4.1% in the fourth quarter. Howland Capital Management LLC now owns 3,180 shares of the company’s stock worth $303,000 after purchasing an additional 125 shares during the period. Total Clarity Wealth Management Inc. boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 0.6% in the fourth quarter. Total Clarity Wealth Management Inc. now owns 23,572 shares of the company’s stock worth $2,244,000 after purchasing an additional 130 shares during the period. Cornell Pochily Investment Advisors Inc. boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 5.0% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 3,029 shares of the company’s stock worth $288,000 after purchasing an additional 143 shares during the period. MONECO Advisors LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 0.7% in the fourth quarter. MONECO Advisors LLC now owns 21,361 shares of the company’s stock worth $2,034,000 after purchasing an additional 150 shares during the period. Finally, HBK Sorce Advisory LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 4.5% in the fourth quarter. HBK Sorce Advisory LLC now owns 3,600 shares of the company’s stock worth $343,000 after purchasing an additional 156 shares during the period.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL opened at $97.42 on Wednesday. The firm has a market cap of $11.83 billion, a P/E ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97. The company has a 50 day simple moving average of $97.75 and a two-hundred day simple moving average of $96.67.

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.