BrightSpring Health Services, Inc. (NASDAQ:BTSGU) Shares Sold by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lessened its stake in BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 160,849 shares of the company’s stock after selling 1,495 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in BrightSpring Health Services were worth $10,069,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Aequim Alternative Investments LP grew its position in BrightSpring Health Services by 105.7% in the fourth quarter. Aequim Alternative Investments LP now owns 990,000 shares of the company’s stock worth $61,974,000 after acquiring an additional 508,779 shares during the period. D. E. Shaw & Co. Inc. grew its position in BrightSpring Health Services by 149.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 960,000 shares of the company’s stock worth $60,509,000 after acquiring an additional 575,000 shares during the period. Highbridge Capital Management LLC grew its position in BrightSpring Health Services by 0.3% in the fourth quarter. Highbridge Capital Management LLC now owns 534,277 shares of the company’s stock worth $33,446,000 after acquiring an additional 1,770 shares during the period. Voya Investment Management LLC grew its position in BrightSpring Health Services by 10.0% in the fourth quarter. Voya Investment Management LLC now owns 275,000 shares of the company’s stock worth $17,215,000 after acquiring an additional 25,000 shares during the period. Finally, Bank of America Corp DE grew its position in BrightSpring Health Services by 231.9% in the fourth quarter. Bank of America Corp DE now owns 243,445 shares of the company’s stock worth $15,240,000 after acquiring an additional 170,106 shares during the period.

BrightSpring Health Services Stock Performance

BTSGU opened at $85.38 on Friday. BrightSpring Health Services, Inc. has a 52 week low of $42.59 and a 52 week high of $89.00. The business has a fifty day simple moving average of $66.96 and a 200-day simple moving average of $68.59.

BrightSpring Health Services Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th were given a dividend of $0.8437 per share. The ex-dividend date was Tuesday, April 15th. This represents a $3.37 annualized dividend and a dividend yield of 3.95%.

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.