Van ECK Associates Corp Cuts Stake in BrightSpring Health Services, Inc. (NASDAQ:BTSGU)

Van ECK Associates Corp decreased its stake in BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 11.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent SEC filing.

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

BrightSpring Health Services Trading Up 1.5 %

NASDAQ:BTSGU opened at $78.82 on Friday. BrightSpring Health Services, Inc. has a one year low of $34.55 and a one year high of $89.00. The business’s 50-day simple moving average is $70.59 and its 200 day simple moving average is $62.01.

BrightSpring Health Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th were given a $0.8438 dividend. This represents a $3.38 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date 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.