Stephens Inc. AR Has $1.09 Million Holdings in The Gabelli Healthcare & Wellness Trust (NYSE:GRX)

Stephens Inc. AR decreased its position in The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 13.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,901 shares of the investment management company’s stock after selling 15,850 shares during the period. Stephens Inc. AR’s holdings in The Gabelli Healthcare & Wellness Trust were worth $1,094,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers lifted its stake in shares of The Gabelli Healthcare & Wellness Trust by 1.4% in the 2nd quarter. Cetera Investment Advisers now owns 225,215 shares of the investment management company’s stock valued at $2,158,000 after purchasing an additional 3,020 shares during the period. International Assets Investment Management LLC bought a new position in shares of The Gabelli Healthcare & Wellness Trust during the 2nd quarter worth approximately $53,000. Cornerstone Advisors LLC grew its position in shares of The Gabelli Healthcare & Wellness Trust by 2.3% during the 1st quarter. Cornerstone Advisors LLC now owns 318,012 shares of the investment management company’s stock worth $3,256,000 after buying an additional 7,292 shares during the period. Blue Bell Private Wealth Management LLC increased its stake in shares of The Gabelli Healthcare & Wellness Trust by 26.7% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 115,919 shares of the investment management company’s stock valued at $1,111,000 after acquiring an additional 24,430 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of The Gabelli Healthcare & Wellness Trust during the 2nd quarter valued at $1,056,000.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. acquired 3,448 shares of The Gabelli Healthcare & Wellness Trust stock in a transaction on Friday, November 1st. The stock was purchased at an average price of $10.33 per share, with a total value of $35,617.84. Following the completion of the purchase, the insider now owns 1,860,788 shares of the company’s stock, valued at approximately $19,221,940.04. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have bought 76,087 shares of company stock valued at $803,168.

The Gabelli Healthcare & Wellness Trust Stock Performance

NYSE:GRX opened at $10.38 on Tuesday. The Gabelli Healthcare & Wellness Trust has a 12 month low of $8.10 and a 12 month high of $11.24. The firm has a fifty day simple moving average of $10.88 and a two-hundred day simple moving average of $10.21.

The Gabelli Healthcare & Wellness Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Monday, September 16th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date of this dividend was Monday, September 16th.

The Gabelli Healthcare & Wellness Trust Profile

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.