Swiss National Bank grew its position in Brookfield Wealth Solutions Ltd. (NYSE:BNT – Free Report) by 53.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,600 shares of the company’s stock after purchasing an additional 13,500 shares during the quarter. Swiss National Bank’s holdings in Brookfield Wealth Solutions were worth $2,219,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Proficio Capital Partners LLC boosted its stake in Brookfield Wealth Solutions by 5,644.0% in the 4th quarter. Proficio Capital Partners LLC now owns 1,362,821 shares of the company’s stock valued at $78,280,000 after purchasing an additional 1,339,095 shares during the period. Montrusco Bolton Investments Inc. lifted its holdings in shares of Brookfield Wealth Solutions by 7.9% during the fourth quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company’s stock worth $8,718,000 after buying an additional 11,064 shares in the last quarter. Finally, Lincluden Management Ltd. bought a new stake in shares of Brookfield Wealth Solutions in the fourth quarter valued at about $83,000. Institutional investors own 20.31% of the company’s stock.
Brookfield Wealth Solutions Trading Down 0.1 %
NYSE:BNT opened at $54.17 on Friday. Brookfield Wealth Solutions Ltd. has a 52 week low of $38.25 and a 52 week high of $62.72. The business’s 50-day simple moving average is $56.97. The company has a market capitalization of $7.88 billion, a price-to-earnings ratio of 169.29 and a beta of 1.59.
Brookfield Wealth Solutions Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.09 per share. The ex-dividend date is Friday, March 14th. This represents a $0.36 dividend on an annualized basis and a yield of 0.66%. Brookfield Wealth Solutions’s dividend payout ratio (DPR) is presently 112.50%.
About Brookfield Wealth Solutions
Brookfield Wealth Solutions is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance.The company was incorporated in 2020 and is headquartered in Pembroke, Bermuda.
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