JPMorgan Chase & Co. Cuts Stake in BlackRock International Dividend ETF $BIDD

JPMorgan Chase & Co. cut its stake in shares of BlackRock International Dividend ETF (NYSEARCA:BIDD) by 20.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 839,542 shares of the company’s stock after selling 211,473 shares during the quarter. JPMorgan Chase & Co. owned about 4.60% of BlackRock International Dividend ETF worth $23,495,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Advisory Services Network LLC bought a new position in BlackRock International Dividend ETF in the 3rd quarter worth about $36,000. Geneos Wealth Management Inc. raised its holdings in BlackRock International Dividend ETF by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 2,704 shares of the company’s stock worth $74,000 after buying an additional 1,352 shares during the last quarter. MAI Capital Management purchased a new position in BlackRock International Dividend ETF in the third quarter worth about $79,000. Imprint Wealth LLC bought a new position in shares of BlackRock International Dividend ETF in the third quarter worth approximately $110,000. Finally, Private Trust Co. NA lifted its stake in shares of BlackRock International Dividend ETF by 18.3% in the third quarter. Private Trust Co. NA now owns 4,234 shares of the company’s stock worth $118,000 after buying an additional 654 shares in the last quarter.

BlackRock International Dividend ETF Stock Down 0.7%

NYSEARCA:BIDD opened at $28.21 on Wednesday. The stock has a market cap of $440.08 million, a price-to-earnings ratio of 20.30 and a beta of 1.10. The company’s 50 day moving average price is $30.10 and its 200-day moving average price is $28.99. BlackRock International Dividend ETF has a 52 week low of $22.66 and a 52 week high of $31.49.

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.