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

Posted by Shane Hupp 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 firm’s stock in a transaction that occurred on Thursday, November 5th. The stock was purchased at an average price of $10.44 per share, with a total value of $93,083.04. Following the completion of the acquisition, the insider owned 2,195,738 shares in the company, valued at $22,923,504.72. The trade was a 0.41% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions 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 price 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, for a total transaction 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, with a total value of $12,190.15.
On Friday, October 30th, Saba Capital Management, L.P. acquired 10,196 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired 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 price of $10.09 per share, with a total value 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 purchased at an average price 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 shares were acquired at an average cost of $10.00 per share, for a total transaction of $12,840.00.
On Thursday, October 15th, Saba Capital Management, L.P. acquired 200 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $9.88 per share, with a total value of $1,976.00.
On Thursday, October 8th, Saba Capital Management, L.P. bought 400 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were purchased at an average price of $9.40 per share, with a total value 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 stock was acquired at an average cost of $9.43 per share, with a total value of $27,865.65.

The Gabelli Healthcare & Wellness Trust Stock Performance

NYSE:GRX traded up $0.03 during midday trading on Friday, hitting $10.42. 20,607 shares of the company traded hands, compared to its average volume of 25,760. The firm’s fifty day moving average is $9.86 and its 200-day moving average is $9.54. The Gabelli Healthcare & Wellness Trust has a 12-month low of $8.80 and a 12-month high of $10.64.

The Gabelli Healthcare & Wellness Trust Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Uhlmann Price Securities LLC increased its holdings in 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 buying an additional 3,569 shares during the period. Blue Bell Private Wealth Management LLC lifted its holdings in The Gabelli Healthcare & Wellness Trust by 10.4% during the third 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 period. Aviance Capital Partners LLC lifted its holdings in The Gabelli Healthcare & Wellness Trust by 0.8% during the third 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 period. International Assets Investment Management LLC lifted its holdings in The Gabelli Healthcare & Wellness Trust by 23.7% during the third quarter. International Assets Investment Management LLC now owns 13,000 shares of the investment management company’s stock worth $124,000 after buying an additional 2,492 shares during the period. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in The Gabelli Healthcare & Wellness Trust during the 1st quarter valued at $90,000.

About The Gabelli Healthcare & Wellness Trust

(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.