Atria Wealth Solutions Inc. Sells 6,860 Shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX)

Atria Wealth Solutions Inc. reduced its stake in shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 7.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,354 shares of the investment management company’s stock after selling 6,860 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in The Gabelli Healthcare & Wellness Trust were worth $824,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in GRX. Blue Bell Private Wealth Management LLC lifted its position in The Gabelli Healthcare & Wellness Trust by 1.9% during the third quarter. Blue Bell Private Wealth Management LLC now owns 97,672 shares of the investment management company’s stock valued at $838,000 after acquiring an additional 1,776 shares during the last quarter. RPO LLC lifted its holdings in shares of The Gabelli Healthcare & Wellness Trust by 176.3% during the 3rd quarter. RPO LLC now owns 109,169 shares of the investment management company’s stock valued at $937,000 after purchasing an additional 69,663 shares during the last quarter. Landscape Capital Management L.L.C. grew its stake in The Gabelli Healthcare & Wellness Trust by 35.5% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 16,507 shares of the investment management company’s stock worth $142,000 after buying an additional 4,323 shares during the last quarter. Cornerstone Advisors LLC increased its position in The Gabelli Healthcare & Wellness Trust by 5.9% during the 3rd quarter. Cornerstone Advisors LLC now owns 289,107 shares of the investment management company’s stock valued at $2,481,000 after buying an additional 16,073 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its position in The Gabelli Healthcare & Wellness Trust by 5.2% during the 3rd quarter. Wolverine Asset Management LLC now owns 133,505 shares of the investment management company’s stock valued at $1,145,000 after buying an additional 6,652 shares in the last quarter.

Insiders Place Their Bets

In related news, insider Mario J. Gabelli purchased 10,000 shares of the firm’s stock in a transaction on Thursday, February 29th. The stock was acquired at an average price of $10.00 per share, with a total value of $100,000.00. Following the completion of the acquisition, the insider now owns 210,000 shares in the company, valued at approximately $2,100,000. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

The Gabelli Healthcare & Wellness Trust Price Performance

Shares of NYSE GRX opened at $9.49 on Friday. The Gabelli Healthcare & Wellness Trust has a fifty-two week low of $7.73 and a fifty-two week high of $10.30. The business has a 50-day simple moving average of $9.79 and a two-hundred day simple moving average of $9.30.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 14th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.32%. The ex-dividend date was Wednesday, March 13th.

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.