BrightSpring Health Services, Inc. (NASDAQ:BTSGU) Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp reduced its position in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 11.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 285,797 shares of the company’s stock after selling 38,057 shares during the period. Van ECK Associates Corp’s holdings in BrightSpring Health Services were worth $17,891,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlueCrest Capital Management Ltd boosted its stake in BrightSpring Health Services by 710.2% in the 3rd quarter. BlueCrest Capital Management Ltd now owns 56,244 shares of the company’s stock worth $3,135,000 after buying an additional 49,302 shares during the last quarter. State Street Corp lifted its holdings in shares of BrightSpring Health Services by 7.0% during the 3rd quarter. State Street Corp now owns 123,000 shares of the company’s stock worth $6,931,000 after acquiring an additional 8,000 shares during the period. Finally, Aequim Alternative Investments LP boosted its position in shares of BrightSpring Health Services by 381.2% in the third quarter. Aequim Alternative Investments LP now owns 481,221 shares of the company’s stock worth $26,823,000 after acquiring an additional 381,221 shares during the last quarter.

BrightSpring Health Services Stock Up 1.5 %

Shares of BTSGU opened at $78.82 on Friday. BrightSpring Health Services, Inc. has a twelve month low of $34.55 and a twelve month high of $89.00. The stock’s fifty day simple moving average is $70.59 and its 200 day simple moving average is $62.01.

BrightSpring Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, February 1st. Stockholders of record on Wednesday, January 15th were paid a $0.8438 dividend. This represents a $3.38 annualized dividend and a dividend yield of 4.28%. The ex-dividend date of this dividend was Wednesday, January 15th.

BrightSpring Health Services Profile

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.