Brighthouse Financial (NASDAQ:BHFAN) Trading Up 2.1%

Brighthouse Financial, Inc. (NASDAQ:BHFAN)’s stock price was up 2.1% during trading on Friday . The company traded as high as $19.25 and last traded at $19.25. Approximately 10,892 shares changed hands during trading, a decline of 73% from the average daily volume of 40,289 shares. The stock had previously closed at $18.86.

Brighthouse Financial Trading Up 2.1 %

The business’s fifty day simple moving average is $19.54 and its 200 day simple moving average is $18.56.

Brighthouse Financial Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Sunday, March 10th were given a $0.3359 dividend. This represents a $1.34 annualized dividend and a yield of 6.98%. The ex-dividend date was Thursday, March 7th.

Institutional Trading of Brighthouse Financial

A hedge fund recently bought a new stake in Brighthouse Financial stock. OLD Point Trust & Financial Services N A bought a new stake in Brighthouse Financial, Inc. (NASDAQ:BHFAN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,500 shares of the company’s stock, valued at approximately $28,000.

About Brighthouse Financial

Brighthouse Financial, Inc provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment consists of variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security.