Beacon Financial Group Has $20.24 Million Stake in BlackRock International Dividend ETF $BIDD

Beacon Financial Group trimmed its stake in shares of BlackRock International Dividend ETF (NYSEARCA:BIDD) by 23.4% during the third quarter, Holdings Channel reports. The firm owned 723,090 shares of the company’s stock after selling 221,118 shares during the period. BlackRock International Dividend ETF comprises about 2.0% of Beacon Financial Group’s holdings, making the stock its 10th largest position. Beacon Financial Group’s holdings in BlackRock International Dividend ETF were worth $20,236,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BIDD. Bank of America Corp DE grew its stake in BlackRock International Dividend ETF by 48.3% during the 2nd quarter. Bank of America Corp DE now owns 1,788,674 shares of the company’s stock worth $48,795,000 after buying an additional 582,246 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in BlackRock International Dividend ETF by 74.9% in the second quarter. Ameriprise Financial Inc. now owns 522,118 shares of the company’s stock valued at $14,227,000 after buying an additional 223,600 shares during the last quarter. Midwest Capital Advisors LLC boosted its holdings in shares of BlackRock International Dividend ETF by 22.5% during the second quarter. Midwest Capital Advisors LLC now owns 918,111 shares of the company’s stock valued at $25,046,000 after acquiring an additional 168,634 shares during the period. Flow Traders U.S. LLC boosted its holdings in shares of BlackRock International Dividend ETF by 201.9% during the first quarter. Flow Traders U.S. LLC now owns 118,874 shares of the company’s stock valued at $3,078,000 after acquiring an additional 79,495 shares during the period. Finally, Jane Street Group LLC grew its position in shares of BlackRock International Dividend ETF by 66.4% during the second quarter. Jane Street Group LLC now owns 120,182 shares of the company’s stock worth $3,279,000 after acquiring an additional 47,978 shares during the last quarter.

BlackRock International Dividend ETF Stock Down 0.6%

BIDD stock opened at $28.08 on Thursday. The stock has a market cap of $512.18 million, a PE ratio of 20.30 and a beta of 1.10. The firm’s 50-day simple moving average is $28.33 and its 200 day simple moving average is $27.67. BlackRock International Dividend ETF has a fifty-two week low of $22.66 and a fifty-two week high of $29.03.

BlackRock International Dividend ETF Profile

The iShares International Dividend Active ETF (BIDD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that invests in companies outside the US that are identified to pay attractive and growing dividends. BIDD was launched on Nov 15, 2024 and is issued by BlackRock.