BrightSpring Health Services, Inc. (NASDAQ:BTSGU) Shares Acquired by Bank of America Corp DE

Bank of America Corp DE lifted its holdings in shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGU) by 231.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 243,445 shares of the company’s stock after acquiring an additional 170,106 shares during the period. Bank of America Corp DE’s holdings in BrightSpring Health Services were worth $15,240,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in BTSGU. JPMorgan Chase & Co. boosted its stake in BrightSpring Health Services by 314.3% in the fourth quarter. JPMorgan Chase & Co. now owns 29,437 shares of the company’s stock valued at $1,843,000 after acquiring an additional 22,331 shares in the last quarter. Highbridge Capital Management LLC boosted its position in shares of BrightSpring Health Services by 0.3% in the 4th quarter. Highbridge Capital Management LLC now owns 534,277 shares of the company’s stock valued at $33,446,000 after purchasing an additional 1,770 shares during the period. Invesco Ltd. purchased a new position in BrightSpring Health Services during the 4th quarter worth approximately $1,127,000. Voya Investment Management LLC increased its position in BrightSpring Health Services by 10.0% during the fourth quarter. Voya Investment Management LLC now owns 275,000 shares of the company’s stock worth $17,215,000 after buying an additional 25,000 shares during the period. Finally, Susquehanna Advisors Group Inc. acquired a new position in BrightSpring Health Services during the fourth quarter worth approximately $5,008,000.

BrightSpring Health Services Price Performance

Shares of BrightSpring Health Services stock opened at $83.11 on Thursday. BrightSpring Health Services, Inc. has a 1 year low of $42.59 and a 1 year high of $89.00. The company’s fifty day moving average is $68.16 and its two-hundred day moving average is $69.10.

BrightSpring Health Services Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th were paid a $0.8437 dividend. The ex-dividend date of this dividend was Tuesday, April 15th. This represents a $3.37 annualized dividend and a dividend yield of 4.06%.

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.