International Assets Investment Management LLC Has $666,000 Stock Position in The Gabelli Healthcare & Wellness Trust (NYSE:GRX)

International Assets Investment Management LLC lifted its holdings in shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 995.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 60,838 shares of the investment management company’s stock after buying an additional 55,282 shares during the period. International Assets Investment Management LLC’s holdings in The Gabelli Healthcare & Wellness Trust were worth $666,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Cetera Investment Advisers increased its holdings in The Gabelli Healthcare & Wellness Trust by 2.2% in the 1st quarter. Cetera Investment Advisers now owns 222,195 shares of the investment management company’s stock worth $2,275,000 after purchasing an additional 4,818 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in The Gabelli Healthcare & Wellness Trust in the 2nd quarter worth about $1,056,000. Cetera Advisors LLC acquired a new position in The Gabelli Healthcare & Wellness Trust in the 1st quarter worth about $2,254,000. Cornerstone Advisors LLC increased its holdings in The Gabelli Healthcare & Wellness Trust by 2.3% in the 1st quarter. Cornerstone Advisors LLC now owns 318,012 shares of the investment management company’s stock worth $3,256,000 after purchasing an additional 7,292 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its holdings in The Gabelli Healthcare & Wellness Trust by 26.7% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 115,919 shares of the investment management company’s stock worth $1,111,000 after purchasing an additional 24,430 shares in the last quarter.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. purchased 3,448 shares of The Gabelli Healthcare & Wellness Trust stock in a transaction on Friday, November 1st. The shares were purchased at an average price of $10.33 per share, for a total transaction of $35,617.84. Following the transaction, the insider now owns 1,860,788 shares of the company’s stock, valued at approximately $19,221,940.04. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders bought a total of 60,737 shares of company stock valued at $647,042 in the last 90 days.

The Gabelli Healthcare & Wellness Trust Stock Up 0.2 %

Shares of GRX opened at $10.40 on Wednesday. The Gabelli Healthcare & Wellness Trust has a 12-month low of $8.10 and a 12-month high of $11.24. The business has a 50-day simple moving average of $10.87 and a two-hundred day simple moving average of $10.22.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Monday, September 16th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.60 dividend on an annualized basis and a yield of 5.77%.

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.