The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Major Shareholder Acquires $93,083.04 in Stock

Posted by Tyrone Williams on Nov 6th, 2026

The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 8,916 shares of the business’s stock in a transaction dated Thursday, November 5th. The stock was acquired at an average price of $10.44 per share, for a total transaction of $93,083.04. Following the completion of the transaction, the insider owned 2,195,738 shares in the company, valued at approximately $22,923,504.72. The trade was a 0.41% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Wednesday, November 4th, Saba Capital Management, L.P. bought 700 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average cost of $10.43 per share, for a total transaction of $7,301.00.
On Tuesday, November 3rd, Saba Capital Management, L.P. bought 100 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $10.18 per share, with a total value of $1,018.00.
On Monday, November 2nd, Saba Capital Management, L.P. purchased 1,201 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average price of $10.15 per share, for a total transaction of $12,190.15.
On Friday, October 30th, Saba Capital Management, L.P. purchased 10,196 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average price of $10.13 per share, for a total transaction of $103,285.48.
On Thursday, October 29th, Saba Capital Management, L.P. acquired 500 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $10.09 per share, for a total transaction of $5,045.00.
On Tuesday, October 27th, Saba Capital Management, L.P. acquired 300 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $9.99 per share, for a total transaction of $2,997.00.
On Monday, October 26th, Saba Capital Management, L.P. bought 1,284 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average cost of $10.00 per share, with a total value of $12,840.00.
On Thursday, October 15th, Saba Capital Management, L.P. bought 200 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $9.88 per share, for a total transaction of $1,976.00.
On Thursday, October 8th, Saba Capital Management, L.P. purchased 400 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average price of $9.40 per share, for a total transaction of $3,760.00.
On Wednesday, October 7th, Saba Capital Management, L.P. purchased 2,955 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average price of $9.43 per share, for a total transaction of $27,865.65.

The Gabelli Healthcare & Wellness Trust Price Performance

GRX stock traded up $0.03 during trading on Friday, reaching $10.42. The company had a trading volume of 20,607 shares, compared to its average volume of 25,760. The Gabelli Healthcare & Wellness Trust has a 52 week low of $8.80 and a 52 week high of $10.64. The business has a 50 day moving average of $9.86 and a 200 day moving average of $9.54.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 16th were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, September 16th. This represents a $0.68 annualized dividend and a dividend yield of 6.5%.

Hedge Funds Weigh In On The Gabelli Healthcare & Wellness Trust

A number of institutional investors have recently added to or reduced their stakes in the company. Uhlmann Price Securities LLC lifted its holdings in shares of The Gabelli Healthcare & Wellness Trust by 4.6% during the third quarter. Uhlmann Price Securities LLC now owns 81,269 shares of the investment management company’s stock valued at $773,000 after purchasing an additional 3,569 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its stake in shares of The Gabelli Healthcare & Wellness Trust by 10.4% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 361,780 shares of the investment management company’s stock worth $3,441,000 after buying an additional 34,122 shares during the last quarter. Aviance Capital Partners LLC grew its stake in shares of The Gabelli Healthcare & Wellness Trust by 0.8% in the 3rd quarter. Aviance Capital Partners LLC now owns 172,847 shares of the investment management company’s stock worth $1,644,000 after buying an additional 1,405 shares during the last quarter. International Assets Investment Management LLC increased its position in The Gabelli Healthcare & Wellness Trust by 23.7% during the 3rd quarter. International Assets Investment Management LLC now owns 13,000 shares of the investment management company’s stock valued at $124,000 after buying an additional 2,492 shares in the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in The Gabelli Healthcare & Wellness Trust during the 1st quarter valued at approximately $90,000.

The Gabelli Healthcare & Wellness Trust Company Profile

(Get Free Report)

The Gabelli Healthcare & Wellness Trust (NYSE: GRX) is a closed-end management investment company focused on long-term growth of capital. Rather than operating healthcare facilities or selling healthcare products directly, the trust invests in the securities of companies involved in healthcare and wellness.

Its portfolio may include companies across areas such as pharmaceuticals, biotechnology, medical devices, healthcare services, diagnostics, consumer health, fitness and other wellness-related industries.