Stephens Inc. AR Has $1.04 Million Stock Holdings in The Gabelli Healthcare & Wellness Trust $GRX

Stephens Inc. AR boosted its holdings in shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 1.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,812 shares of the investment management company’s stock after buying an additional 1,632 shares during the period. Stephens Inc. AR’s holdings in The Gabelli Healthcare & Wellness Trust were worth $1,038,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC raised its holdings in The Gabelli Healthcare & Wellness Trust by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 3,622 shares of the investment management company’s stock worth $37,000 after buying an additional 1,811 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in shares of The Gabelli Healthcare & Wellness Trust in the 1st quarter worth $78,000. Oppenheimer & Co. Inc. bought a new stake in shares of The Gabelli Healthcare & Wellness Trust in the 1st quarter worth $113,000. Shaker Financial Services LLC bought a new stake in shares of The Gabelli Healthcare & Wellness Trust in the 1st quarter worth $155,000. Finally, Wealthcare Advisory Partners LLC grew its stake in shares of The Gabelli Healthcare & Wellness Trust by 35.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 18,273 shares of the investment management company’s stock worth $173,000 after acquiring an additional 4,815 shares in the last quarter.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. bought 6,122 shares of The Gabelli Healthcare & Wellness Trust stock in a transaction dated Tuesday, October 21st. The stock was purchased at an average price of $9.29 per share, for a total transaction of $56,873.38. Following the purchase, the insider directly owned 2,066,493 shares in the company, valued at $19,197,719.97. The trade was a 0.30% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have acquired 51,485 shares of company stock valued at $485,087.

The Gabelli Healthcare & Wellness Trust Trading Down 0.0%

NYSE GRX opened at $9.31 on Friday. The Gabelli Healthcare & Wellness Trust has a 1 year low of $8.93 and a 1 year high of $10.69. The company has a fifty day moving average price of $9.30 and a 200-day moving average price of $9.40.

The Gabelli Healthcare & Wellness Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 16th were paid a $0.17 dividend. The ex-dividend date was Tuesday, September 16th. This represents a $0.68 annualized dividend and a dividend yield of 7.3%.

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.