The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Major Shareholder Saba Capital Management, L.P. Purchases 1,775 Shares of Company Stock

Posted by Mitch Edgeman on Oct 7th, 2026

The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 1,775 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were purchased at an average price of $9.38 per share, for a total transaction of $16,649.50. Following the purchase, the insider directly owned 2,164,547 shares of the company’s stock, valued at approximately $20,303,450.86. This trade represents a 0.08% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

On Thursday, October 1st, Saba Capital Management, L.P. bought 5,720 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was purchased at an average price of $9.41 per share, with a total value of $53,825.20.
On Friday, October 2nd, Saba Capital Management, L.P. acquired 500 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was purchased at an average price of $9.35 per share, for a total transaction of $4,675.00.
On Wednesday, September 30th, Saba Capital Management, L.P. acquired 519 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was purchased at an average cost of $9.52 per share, with a total value of $4,940.88.
On Friday, September 11th, Saba Capital Management, L.P. bought 400 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $9.71 per share, with a total value of $3,884.00.
On Thursday, September 3rd, Saba Capital Management, L.P. bought 500 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average cost of $10.08 per share, for a total transaction of $5,040.00.
On Thursday, August 27th, Saba Capital Management, L.P. purchased 4,340 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired at an average price of $10.05 per share, for a total transaction of $43,617.00.
On Friday, August 21st, Saba Capital Management, L.P. purchased 7,087 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired at an average cost of $10.13 per share, with a total value of $71,791.31.
On Wednesday, August 19th, Saba Capital Management, L.P. acquired 24,102 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $10.13 per share, with a total value of $244,153.26.
On Friday, August 14th, Saba Capital Management, L.P. acquired 1,203 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $9.86 per share, for a total transaction of $11,861.58.
On Tuesday, August 11th, Saba Capital Management, L.P. bought 200 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $9.93 per share, with a total value of $1,986.00.

The Gabelli Healthcare & Wellness Trust Stock Up 0.2%

Shares of GRX stock traded up $0.02 during mid-day trading on Wednesday, reaching $9.44. 11,739 shares of the company were exchanged, compared to its average volume of 26,376. The Gabelli Healthcare & Wellness Trust has a fifty-two week low of $8.80 and a fifty-two week high of $10.20. The business’s 50 day simple moving average is $9.84 and its 200 day simple moving average is $9.43.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 16th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend was Wednesday, September 16th.

Hedge Funds Weigh In On The Gabelli Healthcare & Wellness Trust

Several large investors have recently modified their holdings of the stock. Sit Investment Associates Inc. increased its holdings in The Gabelli Healthcare & Wellness Trust by 23.7% in the fourth quarter. Sit Investment Associates Inc. now owns 1,031,350 shares of the investment management company’s stock valued at $9,932,000 after buying an additional 197,594 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in The Gabelli Healthcare & Wellness Trust by 1.1% during the 1st quarter. Gamco Investors INC. ET AL now owns 346,026 shares of the investment management company’s stock worth $3,132,000 after buying an additional 3,800 shares during the last quarter. Aviance Capital Partners LLC lifted its holdings in The Gabelli Healthcare & Wellness Trust by 2.1% during the 1st quarter. Aviance Capital Partners LLC now owns 171,325 shares of the investment management company’s stock worth $1,550,000 after buying an additional 3,482 shares during the last quarter. Uhlmann Price Securities LLC increased its holdings in shares of The Gabelli Healthcare & Wellness Trust by 22.0% in the 1st quarter. Uhlmann Price Securities LLC now owns 61,590 shares of the investment management company’s stock valued at $557,000 after acquiring an additional 11,088 shares during the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of The Gabelli Healthcare & Wellness Trust by 25.2% in the 1st quarter. Private Advisor Group LLC now owns 19,888 shares of the investment management company’s stock valued at $180,000 after acquiring an additional 4,000 shares during the last quarter.

The Gabelli Healthcare & Wellness Trust Company Profile

(Get Free Report)

The Gabelli Healthcare & Wellness Trust (NYSE: GRX) is a diversified, closed-end investment company focused on long-term growth of capital. Rather than operating healthcare facilities or selling consumer products, the trust invests in publicly traded companies involved in healthcare and wellness.

Its portfolio may include businesses across areas such as pharmaceuticals, biotechnology, medical devices, healthcare services, managed care, diagnostics, consumer health and wellness products, and related industries.