ProShares files regulatory paperwork for the S&P500 Aristocrats ETF - a dividend strategy...

|By:, SA News Editor

ProShares files regulatory paperwork for the S&P500 Aristocrats ETF - a dividend strategy selecting at least 40 market-cap-weighted stocks that have paid increasing dividends for at least 25 years. The selections will be equally weighted with no sector allowed more than a 30% allocation - pretty plain-vanilla stuff for ProShares which prides itself on alternative strategies. Popular dividend ETFs: DVY, SDY, VYM, VIG, HDV, DLN.