LPL Financial LLC Grows Stock Position in The Gabelli Healthcare & Wellness Trust $GRX

LPL Financial LLC boosted its position in The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 3.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 289,088 shares of the investment management company’s stock after buying an additional 8,739 shares during the quarter. LPL Financial LLC’s holdings in The Gabelli Healthcare & Wellness Trust were worth $2,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Saba Capital Management L.P. raised its stake in shares of The Gabelli Healthcare & Wellness Trust by 3.5% during the 4th quarter. Saba Capital Management L.P. now owns 1,911,034 shares of the investment management company’s stock valued at $18,422,000 after purchasing an additional 64,135 shares during the period. Wells Fargo & Company MN raised its stake in shares of The Gabelli Healthcare & Wellness Trust by 21.4% during the 4th quarter. Wells Fargo & Company MN now owns 427,010 shares of the investment management company’s stock valued at $4,116,000 after purchasing an additional 75,148 shares during the period. Blue Bell Private Wealth Management LLC raised its stake in shares of The Gabelli Healthcare & Wellness Trust by 6.5% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 219,245 shares of the investment management company’s stock valued at $2,210,000 after purchasing an additional 13,447 shares during the period. Aviance Capital Partners LLC grew its position in The Gabelli Healthcare & Wellness Trust by 33.6% during the first quarter. Aviance Capital Partners LLC now owns 165,884 shares of the investment management company’s stock worth $1,672,000 after buying an additional 41,743 shares in the last quarter. Finally, Capstone Investment Advisors LLC grew its position in The Gabelli Healthcare & Wellness Trust by 469.5% during the fourth quarter. Capstone Investment Advisors LLC now owns 99,441 shares of the investment management company’s stock worth $959,000 after buying an additional 81,981 shares in the last quarter.

Insider Buying and Selling

In other The Gabelli Healthcare & Wellness Trust news, major shareholder Saba Capital Management, L.P. bought 12,924 shares of The Gabelli Healthcare & Wellness Trust stock in a transaction that occurred on Tuesday, July 15th. The stock was acquired at an average cost of $9.38 per share, for a total transaction of $121,227.12. Following the completion of the transaction, the insider directly owned 2,006,725 shares in the company, valued at $18,823,080.50. This represents a 0.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Insiders bought 29,850 shares of company stock worth $280,137 in the last three months.

The Gabelli Healthcare & Wellness Trust Stock Performance

The Gabelli Healthcare & Wellness Trust stock opened at $9.34 on Monday. The Gabelli Healthcare & Wellness Trust has a 52 week low of $8.93 and a 52 week high of $11.24. The business has a 50-day simple moving average of $9.38 and a 200 day simple moving average of $9.64.

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.