Weiss Asset Management LP Sells 103,257 Shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU)

Weiss Asset Management LP lowered its position in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 21.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 375,553 shares of the company’s stock after selling 103,257 shares during the period. Weiss Asset Management LP’s holdings in BrightSpring Health Services were worth $21,265,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BTSGU. State Street Corp lifted its holdings in shares of BrightSpring Health Services by 7.0% in the 3rd quarter. State Street Corp now owns 123,000 shares of the company’s stock worth $6,931,000 after acquiring an additional 8,000 shares during the last quarter. BlueCrest Capital Management Ltd lifted its stake in BrightSpring Health Services by 710.2% in the third quarter. BlueCrest Capital Management Ltd now owns 56,244 shares of the company’s stock worth $3,135,000 after purchasing an additional 49,302 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of BrightSpring Health Services by 1.6% during the third quarter. Van ECK Associates Corp now owns 323,854 shares of the company’s stock valued at $19,059,000 after purchasing an additional 4,947 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of BrightSpring Health Services in the second quarter worth approximately $11,768,000. Finally, Bank of Montreal Can purchased a new position in shares of BrightSpring Health Services in the second quarter worth $1,694,000.

BrightSpring Health Services Stock Performance

BTSGU stock opened at $67.43 on Friday. The firm’s 50-day moving average price is $63.26 and its two-hundred day moving average price is $53.10. 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 firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were issued a dividend of $0.8438 per share. The ex-dividend date was Tuesday, October 15th. This represents a $3.38 dividend on an annualized basis and a yield of 5.01%.

About BrightSpring Health Services

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.