Fmr LLC Reduces Position in BrightSpring Health Services, Inc. (NASDAQ:BTSGU)

Fmr LLC lessened its holdings in BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 2.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 100,500 shares of the company’s stock after selling 2,500 shares during the period. Fmr LLC’s holdings in BrightSpring Health Services were worth $5,645,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Van ECK Associates Corp boosted its stake in BrightSpring Health Services by 12.6% during the second quarter. Van ECK Associates Corp now owns 318,907 shares of the company’s stock worth $15,011,000 after buying an additional 35,649 shares during the last quarter. Calamos Advisors LLC increased its position in shares of BrightSpring Health Services by 51.0% during the second quarter. Calamos Advisors LLC now owns 301,985 shares of the company’s stock worth $14,214,000 after acquiring an additional 101,985 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of BrightSpring Health Services in the 2nd quarter valued at about $11,768,000. Highbridge Capital Management LLC raised its holdings in shares of BrightSpring Health Services by 3.7% in the 2nd quarter. Highbridge Capital Management LLC now owns 302,705 shares of the company’s stock valued at $14,248,000 after purchasing an additional 10,899 shares in the last quarter. Finally, Bank of Montreal Can purchased a new stake in BrightSpring Health Services during the 2nd quarter worth about $1,694,000.

BrightSpring Health Services Trading Down 1.9 %

Shares of NASDAQ:BTSGU opened at $65.75 on Friday. The company’s fifty day moving average price is $64.25 and its 200 day moving average price is $53.82. BrightSpring Health Services, Inc. has a 12 month low of $34.55 and a 12 month high of $72.66.

BrightSpring Health Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th were paid a $0.8438 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $3.38 annualized dividend and a yield of 5.13%.

BrightSpring Health Services Company 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.