The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Position Boosted by Cerity Partners LLC

Cerity Partners LLC raised its holdings in shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 10.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,347 shares of the investment management company’s stock after acquiring an additional 1,076 shares during the period. Cerity Partners LLC’s holdings in The Gabelli Healthcare & Wellness Trust were worth $106,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in GRX. International Assets Investment Management LLC bought a new stake in shares of The Gabelli Healthcare & Wellness Trust during the fourth quarter valued at about $479,000. Almitas Capital LLC bought a new stake in shares of The Gabelli Healthcare & Wellness Trust during the 3rd quarter worth about $273,000. AQR Arbitrage LLC lifted its stake in shares of The Gabelli Healthcare & Wellness Trust by 111.1% in the 3rd quarter. AQR Arbitrage LLC now owns 117,494 shares of the investment management company’s stock worth $1,008,000 after acquiring an additional 61,828 shares during the period. Quantedge Capital Pte Ltd lifted its stake in shares of The Gabelli Healthcare & Wellness Trust by 16.8% in the 3rd quarter. Quantedge Capital Pte Ltd now owns 54,196 shares of the investment management company’s stock worth $465,000 after acquiring an additional 7,800 shares during the period. Finally, Wolverine Asset Management LLC boosted its holdings in shares of The Gabelli Healthcare & Wellness Trust by 5.2% in the third quarter. Wolverine Asset Management LLC now owns 133,505 shares of the investment management company’s stock valued at $1,145,000 after acquiring an additional 6,652 shares in the last quarter.

Insider Buying and Selling

In other The Gabelli Healthcare & Wellness Trust news, insider Mario J. Gabelli purchased 10,000 shares of the business’s stock in a transaction on Thursday, February 29th. The stock was bought at an average cost of $10.00 per share, with a total value of $100,000.00. Following the acquisition, the insider now owns 210,000 shares of the company’s stock, valued at $2,100,000. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

The Gabelli Healthcare & Wellness Trust Price Performance

Shares of NYSE:GRX opened at $9.43 on Wednesday. The Gabelli Healthcare & Wellness Trust has a 12 month low of $7.73 and a 12 month high of $10.39. The stock’s 50 day moving average price is $9.81 and its 200 day moving average price is $9.29.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 14th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, March 13th. This represents a $0.60 annualized dividend and a yield of 6.36%.

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.