Wealth Enhancement Advisory Services LLC Reduces Holdings in The Gabelli Healthcare & Wellness Trust (NYSE:GRX)

Wealth Enhancement Advisory Services LLC cut its stake in shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 13.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,554 shares of the investment management company’s stock after selling 4,703 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in The Gabelli Healthcare & Wellness Trust were worth $324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC bought a new position in The Gabelli Healthcare & Wellness Trust during the 2nd quarter valued at approximately $53,000. Sanctuary Advisors LLC bought a new position in The Gabelli Healthcare & Wellness Trust during the 2nd quarter valued at approximately $1,056,000. Blue Bell Private Wealth Management LLC raised its position in The Gabelli Healthcare & Wellness Trust by 26.7% during 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 purchasing an additional 24,430 shares during the last quarter. Cetera Investment Advisers raised its position in The Gabelli Healthcare & Wellness Trust by 1.4% during 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 last quarter. Finally, Cetera Advisors LLC bought a new position in The Gabelli Healthcare & Wellness Trust during the 1st quarter valued at approximately $2,254,000.

Insider Activity at The Gabelli Healthcare & Wellness Trust

In other The Gabelli Healthcare & Wellness Trust news, major shareholder Saba Capital Management, L.P. bought 6,453 shares of the business’s stock in a transaction on Monday, August 26th. The shares were acquired at an average cost of $10.88 per share, for a total transaction of $70,208.64. Following the purchase, the insider now owns 1,834,358 shares in the company, valued at approximately $19,957,815.04. This trade represents 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 the SEC website. Insiders purchased a total of 41,256 shares of company stock valued at $443,076 in the last 90 days.

The Gabelli Healthcare & Wellness Trust Stock Up 1.1 %

GRX opened at $10.66 on Monday. The business has a 50 day simple moving average of $10.83 and a two-hundred day simple moving average of $10.25. The Gabelli Healthcare & Wellness Trust has a one year low of $8.10 and a one year high of $11.24.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Monday, September 16th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.63%. The ex-dividend date of this dividend was Monday, September 16th.

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.