Stephens Inc. AR Buys 1,632 Shares of The Gabelli Healthcare & Wellness Trust $GRX

Stephens Inc. AR boosted its stake in shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 1.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 109,812 shares of the investment management company’s stock after purchasing an additional 1,632 shares during the period. Stephens Inc. AR’s holdings in The Gabelli Healthcare & Wellness Trust were worth $1,038,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in GRX. Oppenheimer & Co. Inc. purchased a new stake in The Gabelli Healthcare & Wellness Trust during the first quarter valued at about $113,000. LPL Financial LLC lifted its holdings in The Gabelli Healthcare & Wellness Trust by 3.1% during the first quarter. LPL Financial LLC now owns 289,088 shares of the investment management company’s stock valued at $2,914,000 after purchasing an additional 8,739 shares during the last quarter. Uhlmann Price Securities LLC lifted its holdings in The Gabelli Healthcare & Wellness Trust by 23.2% during the second quarter. Uhlmann Price Securities LLC now owns 30,498 shares of the investment management company’s stock valued at $288,000 after purchasing an additional 5,748 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in The Gabelli Healthcare & Wellness Trust by 103.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 50,768 shares of the investment management company’s stock valued at $489,000 after purchasing an additional 25,848 shares during the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in The Gabelli Healthcare & Wellness Trust by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 3,622 shares of the investment management company’s stock valued at $37,000 after purchasing an additional 1,811 shares during the last quarter.

Insider Buying and Selling

In other The Gabelli Healthcare & Wellness Trust news, major shareholder Saba Capital Management, L.P. acquired 6,122 shares of the company’s stock in a transaction on Tuesday, October 21st. The shares were acquired at an average cost of $9.29 per share, with a total value of $56,873.38. Following the completion of the acquisition, the insider directly owned 2,066,493 shares in the company, valued at $19,197,719.97. This trade represents a 0.30% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 51,485 shares of company stock worth $485,087 over the last quarter.

The Gabelli Healthcare & Wellness Trust Stock Down 0.0%

NYSE GRX opened at $9.31 on Friday. The Gabelli Healthcare & Wellness Trust has a 52 week low of $8.93 and a 52 week high of $10.69. The firm’s 50-day simple moving average is $9.30 and its two-hundred day simple moving average is $9.40.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.68 annualized dividend and a yield of 7.3%.

About The Gabelli Healthcare & Wellness Trust

The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector.