The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Major Shareholder Saba Capital Management, L.P. Acquires 1,775 Shares of Stock

Posted by George Bondi on Oct 7th, 2026

The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) major shareholder Saba Capital Management, L.P. bought 1,775 shares of The Gabelli Healthcare & Wellness Trust stock in a transaction that occurred on Monday, October 5th. The stock was bought at an average cost of $9.38 per share, for a total transaction of $16,649.50. Following the purchase, the insider owned 2,164,547 shares in the company, valued at $20,303,450.86. This represents a 0.08% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

On Thursday, October 1st, Saba Capital Management, L.P. bought 5,720 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was purchased at an average cost of $9.41 per share, with a total value of $53,825.20.
On Friday, October 2nd, Saba Capital Management, L.P. bought 500 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was purchased at an average price of $9.35 per share, for a total transaction of $4,675.00.
On Wednesday, September 30th, Saba Capital Management, L.P. purchased 519 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were purchased at an average price of $9.52 per share, with a total value of $4,940.88.
On Friday, September 11th, Saba Capital Management, L.P. acquired 400 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was purchased at an average cost of $9.71 per share, with a total value of $3,884.00.
On Thursday, September 3rd, Saba Capital Management, L.P. acquired 500 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were purchased at an average cost of $10.08 per share, for a total transaction of $5,040.00.
On Thursday, August 27th, Saba Capital Management, L.P. bought 4,340 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were purchased at an average price of $10.05 per share, for a total transaction of $43,617.00.
On Friday, August 21st, Saba Capital Management, L.P. bought 7,087 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was purchased at an average cost of $10.13 per share, with a total value of $71,791.31.
On Wednesday, August 19th, Saba Capital Management, L.P. purchased 24,102 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired at an average price of $10.13 per share, with a total value of $244,153.26.
On Friday, August 14th, Saba Capital Management, L.P. purchased 1,203 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average cost of $9.86 per share, for a total transaction of $11,861.58.
On Tuesday, August 11th, Saba Capital Management, L.P. acquired 200 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $9.93 per share, for a total transaction of $1,986.00.

The Gabelli Healthcare & Wellness Trust Price Performance

Shares of NYSE:GRX traded up $0.02 during midday trading on Wednesday, reaching $9.44. The company’s stock had a trading volume of 11,739 shares, compared to its average volume of 26,376. The Gabelli Healthcare & Wellness Trust has a 1 year low of $8.80 and a 1 year high of $10.20. The business has a 50 day moving average price of $9.84 and a 200 day moving average price of $9.43.

The Gabelli Healthcare & Wellness Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 16th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.2%.

Institutional Investors Weigh In On The Gabelli Healthcare & Wellness Trust

Institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp acquired a new stake in shares of The Gabelli Healthcare & Wellness Trust during the 1st quarter worth $33,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in The Gabelli Healthcare & Wellness Trust in the first quarter valued at $90,000. Private Advisor Group LLC grew its position in The Gabelli Healthcare & Wellness Trust by 25.2% during 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 during the period. Uhlmann Price Securities LLC increased its stake in The Gabelli Healthcare & Wellness Trust by 22.0% during the first quarter. Uhlmann Price Securities LLC now owns 61,590 shares of the investment management company’s stock worth $557,000 after acquiring an additional 11,088 shares during the last quarter. Finally, Aviance Capital Partners LLC increased its stake in The Gabelli Healthcare & Wellness Trust by 2.1% during the first quarter. Aviance Capital Partners LLC now owns 171,325 shares of the investment management company’s stock worth $1,550,000 after acquiring an additional 3,482 shares during the last quarter.

The Gabelli Healthcare & Wellness Trust Company Profile

(Get Free Report)

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

Its portfolio may include businesses across areas such as pharmaceuticals, biotechnology, medical devices, healthcare services, managed care, diagnostics, consumer health and wellness products, and related industries.