The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) announced a quarterly dividend on Wednesday, May 13th. Investors of record on Monday, June 15th will be given a dividend of 0.17 per share by the investment management company on Tuesday, June 23rd. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Monday, June 15th.
The Gabelli Healthcare & Wellness Trust Stock Performance
The Gabelli Healthcare & Wellness Trust stock remained flat at $8.99 during trading on Wednesday. 37,440 shares of the company traded hands, compared to its average volume of 31,648. The Gabelli Healthcare & Wellness Trust has a 12-month low of $8.90 and a 12-month high of $10.05. The company has a fifty day simple moving average of $9.23 and a 200 day simple moving average of $9.46.
Institutional Trading of The Gabelli Healthcare & Wellness Trust
Institutional investors have recently added to or reduced their stakes in the stock. Aviance Capital Partners LLC grew its stake in shares of The Gabelli Healthcare & Wellness Trust by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 163,679 shares of the investment management company’s stock worth $1,485,000 after acquiring an additional 1,773 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of The Gabelli Healthcare & Wellness Trust by 4.0% in the fourth quarter. NewEdge Advisors LLC now owns 66,689 shares of the investment management company’s stock worth $642,000 after acquiring an additional 2,568 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of The Gabelli Healthcare & Wellness Trust by 11.3% in the second quarter. Osaic Holdings Inc. now owns 28,443 shares of the investment management company’s stock worth $269,000 after acquiring an additional 2,880 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of The Gabelli Healthcare & Wellness Trust in the first quarter worth $33,000. Finally, Private Advisor Group LLC lifted its position in shares of The Gabelli Healthcare & Wellness Trust by 25.2% during the 1st quarter. Private Advisor Group LLC now owns 19,888 shares of the investment management company’s stock worth $180,000 after purchasing an additional 4,000 shares during the last quarter.
About The Gabelli Healthcare & Wellness Trust
The Gabelli Healthcare & Wellness Trust (NYSE: GRX) is a closed-end management investment company that seeks both capital appreciation and current income. The trust primarily invests in equity and equity-related securities of companies operating in the healthcare and wellness sectors. Trading on the New York Stock Exchange under the symbol GRX, the fund provides investors with exposure to growth opportunities in healthcare through its closed-end structure.
The trust’s portfolio is diversified across a broad range of healthcare sub-industries, including pharmaceuticals, biotechnology, medical devices, and healthcare services.
Further Reading
- Five stocks we like better than The Gabelli Healthcare & Wellness Trust
- D-Wave Earnings Looked Weak, But Investors May Be Missing This
- Nebius Upside Expands as AI Feedback Loop Intensifies
- Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
- Plug Power Flips The Switch On Profitability
Receive News & Ratings for The Gabelli Healthcare & Wellness Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Gabelli Healthcare & Wellness Trust and related companies with MarketBeat.com's FREE daily email newsletter.
