Raymond James & Associates Decreases Stock Holdings in The Gabelli Healthcare & Wellness Trust (NYSE:GRX)

Raymond James & Associates cut its position in The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 17.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,428 shares of the investment management company’s stock after selling 3,707 shares during the quarter. Raymond James & Associates’ holdings in The Gabelli Healthcare & Wellness Trust were worth $174,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blue Bell Private Wealth Management LLC boosted its stake in shares of The Gabelli Healthcare & Wellness Trust by 1.9% in the first quarter. Blue Bell Private Wealth Management LLC now owns 94,404 shares of the investment management company’s stock valued at $953,000 after purchasing an additional 1,736 shares during the period. Aviance Capital Partners LLC boosted its stake in The Gabelli Healthcare & Wellness Trust by 3.1% during the 1st quarter. Aviance Capital Partners LLC now owns 143,149 shares of the investment management company’s stock valued at $1,444,000 after acquiring an additional 4,258 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in The Gabelli Healthcare & Wellness Trust by 162.0% during the 1st quarter. Wolverine Asset Management LLC now owns 102,494 shares of the investment management company’s stock valued at $1,034,000 after acquiring an additional 63,372 shares during the last quarter. Susquehanna International Group LLP bought a new position in The Gabelli Healthcare & Wellness Trust during the 4th quarter valued at $140,000. Finally, LPL Financial LLC bought a new position in The Gabelli Healthcare & Wellness Trust during the 2nd quarter valued at $134,000.

The Gabelli Healthcare & Wellness Trust Trading Up 1.2 %

NYSE GRX opened at $8.35 on Tuesday. The Gabelli Healthcare & Wellness Trust has a 12 month low of $7.73 and a 12 month high of $10.71. The company’s fifty day moving average price is $8.54 and its two-hundred day moving average price is $9.38.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Friday, September 15th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.60 dividend on an annualized basis and a yield of 7.19%.

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.