The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Major Shareholder Buys $93,083.04 in Stock

Posted by Stephan Jacobs on Nov 9th, 2026

The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) major shareholder Saba Capital Management, L.P. bought 8,916 shares of the firm’s stock in a transaction dated Thursday, November 5th. The shares were acquired at an average price of $10.44 per share, with a total value of $93,083.04. Following the completion of the transaction, the insider owned 2,195,738 shares of the company’s stock, valued at approximately $22,923,504.72. The trade was a 0.41% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Wednesday, November 4th, Saba Capital Management, L.P. bought 700 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $10.43 per share, with a total value of $7,301.00.
On Tuesday, November 3rd, Saba Capital Management, L.P. bought 100 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $10.18 per share, with a total value of $1,018.00.
On Monday, November 2nd, Saba Capital Management, L.P. purchased 1,201 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average price of $10.15 per share, for a total transaction of $12,190.15.
On Friday, October 30th, Saba Capital Management, L.P. purchased 10,196 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average cost of $10.13 per share, for a total transaction of $103,285.48.
On Thursday, October 29th, Saba Capital Management, L.P. purchased 500 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average cost of $10.09 per share, for a total transaction of $5,045.00.
On Tuesday, October 27th, Saba Capital Management, L.P. acquired 300 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average price of $9.99 per share, with a total value of $2,997.00.
On Monday, October 26th, Saba Capital Management, L.P. acquired 1,284 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average cost of $10.00 per share, with a total value of $12,840.00.
On Thursday, October 15th, Saba Capital Management, L.P. acquired 200 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average cost of $9.88 per share, with a total value of $1,976.00.
On Thursday, October 8th, Saba Capital Management, L.P. bought 400 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average price of $9.40 per share, for a total transaction of $3,760.00.
On Wednesday, October 7th, Saba Capital Management, L.P. bought 2,955 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $9.43 per share, for a total transaction of $27,865.65.

The Gabelli Healthcare & Wellness Trust Stock Down 0.2%

Shares of NYSE:GRX opened at $10.42 on Monday. The firm’s 50 day simple moving average is $9.86 and its 200-day simple moving average is $9.55. The Gabelli Healthcare & Wellness Trust has a one year low of $8.80 and a one year high of $10.64.

The Gabelli Healthcare & Wellness Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 16th were paid a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $0.68 annualized dividend and a yield of 6.5%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Fifth Third Bancorp bought a new position in shares of The Gabelli Healthcare & Wellness Trust during the 1st quarter worth $33,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of The Gabelli Healthcare & Wellness Trust during the first quarter valued at $90,000. International Assets Investment Management LLC raised its holdings in shares of The Gabelli Healthcare & Wellness Trust by 23.7% in the third quarter. International Assets Investment Management LLC now owns 13,000 shares of the investment management company’s stock valued at $124,000 after acquiring an additional 2,492 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of The Gabelli Healthcare & Wellness Trust by 25.2% in the first 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 in the last quarter. Finally, Uhlmann Price Securities LLC raised its holdings in shares of The Gabelli Healthcare & Wellness Trust by 4.6% in the third quarter. Uhlmann Price Securities LLC now owns 81,269 shares of the investment management company’s stock valued at $773,000 after acquiring an additional 3,569 shares in the last quarter.

The Gabelli Healthcare & Wellness Trust Company Profile

(Get Free Report)

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

Its portfolio may include companies across areas such as pharmaceuticals, biotechnology, medical devices, healthcare services, diagnostics, consumer health, fitness and other wellness-related industries.