ETF Trends publisher Tom Lydon appeared on CNBC’s Closing Bell on Monday shortly before the end of trading.

Lydon made the case for defensive issues as the Dow, Nasdaq and S&P entered record territory.

Specifically, Lydon pointed to the ProShares S&P500 Dividend ETF (NYSEArca: NOBL) as a low-volatility high-dividend play.

Click here to watch on YouTube!