5 New Stock Picks of Billionaire Ray Dalio

2. Pembina Pipeline Corporation (NYSE:PBA)

Number of Hedge Fund Holders: 15  

Pembina Pipeline Corporation (NYSE:PBA) provides transportation services primarily to the energy industry. The company has an impressive dividend history and recently declared a monthly dividend of C$0.21 per share, in line with previous. The forward yield was 6.2%. 

Bridgewater Associates owned 101,164 shares in Pembina Pipeline Corporation (NYSE:PBA) at the end of September 2021 worth $3.2 million, representing 0.01% of the portfolio. 

At the end of the second quarter of 2021, 15 hedge funds in the database of Insider Monkey held stakes worth $116 million in Pembina Pipeline Corporation (NYSE:PBA), the same as in the preceding quarter worth $74 million.