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ProShares joins Pershing’s no-transaction-fee ETF platform


ETF provider ProShares has joined FundVest ETF, the no-transaction-fee exchange traded fund platform from BNY Mellon’s Pershing.

The seven ETFs include ProShares’ popular Dividend Aristocrats, Large Cap Core Plus and Global Infrastructure funds.

“No-transaction-fee platforms are gaining popularity, as investors look to reduce costs within their investment portfolios,” says Steve Cohen, managing director at ProShares. “Our inclusion in the Pershing no-transaction-fee platform will allow financial professionals and their clients to further leverage the ProShares ETF lineup in a cost-effective manner.”

The seven ProShares funds that became available on Pershing’s FundVest ETF platform as of June 13, 2019 are:

ProShares S&P 500® Dividend Aristocrats ETF (NOBL)
ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL)
ProShares Russell 2000 Dividend Growers ETF (SMDV)
ProShares MSCI EAFE Dividend Growers ETF (EFAD)
ProShares Large Cap Core Plus (CSM)
ProShares DJ Brookfield Global Infrastructure ETF (TOLZ)
ProShares Online Retail ETF (ONLN)

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