The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Stock: Insider Saba Capital Management, L.P. Purchases 1,201 Shares

Posted by Stanley Muller on Nov 3rd, 2026

The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) major shareholder Saba Capital Management, L.P. acquired 1,201 shares of The Gabelli Healthcare & Wellness Trust stock in a transaction that occurred on Monday, November 2nd. The shares were bought at an average cost of $10.15 per share, with a total value of $12,190.15. Following the transaction, the insider owned 2,186,022 shares in the company, valued at $22,188,123.30. This represents a 0.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

On Friday, October 30th, Saba Capital Management, L.P. acquired 10,196 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average price of $10.13 per share, with a total value of $103,285.48.
On Thursday, October 29th, Saba Capital Management, L.P. bought 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. bought 300 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average cost of $9.99 per share, for a total transaction of $2,997.00.
On Monday, October 26th, Saba Capital Management, L.P. bought 1,284 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average cost of $10.00 per share, for a total transaction of $12,840.00.
On Thursday, October 15th, Saba Capital Management, L.P. purchased 200 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average price of $9.88 per share, with a total value of $1,976.00.
On Thursday, October 8th, Saba Capital Management, L.P. purchased 400 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average cost of $9.40 per share, with a total value of $3,760.00.
On Wednesday, October 7th, Saba Capital Management, L.P. purchased 2,955 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was purchased at an average price of $9.43 per share, for a total transaction of $27,865.65.
On Tuesday, October 6th, Saba Capital Management, L.P. acquired 4,439 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were purchased at an average cost of $9.41 per share, for a total transaction of $41,770.99.
On Monday, October 5th, Saba Capital Management, L.P. acquired 1,775 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were purchased at an average cost of $9.38 per share, for a total transaction of $16,649.50.
On Thursday, October 1st, Saba Capital Management, L.P. acquired 5,720 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were purchased at an average price of $9.41 per share, with a total value of $53,825.20.

The Gabelli Healthcare & Wellness Trust Stock Up 1.1%

The Gabelli Healthcare & Wellness Trust stock traded up $0.11 during trading hours on Tuesday, hitting $10.31. The stock had a trading volume of 32,715 shares, compared to its average volume of 25,464. The stock’s 50-day moving average price is $9.84 and its 200-day moving average price is $9.53. The Gabelli Healthcare & Wellness Trust has a 12-month low of $8.80 and a 12-month high of $10.29.

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 issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date was Wednesday, September 16th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Uhlmann Price Securities LLC increased its holdings in The Gabelli Healthcare & Wellness Trust by 4.6% in the 3rd quarter. Uhlmann Price Securities LLC now owns 81,269 shares of the investment management company’s stock worth $773,000 after buying an additional 3,569 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its position in The Gabelli Healthcare & Wellness Trust by 10.4% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 361,780 shares of the investment management company’s stock worth $3,441,000 after buying an additional 34,122 shares during the last quarter. Aviance Capital Partners LLC raised its position in The Gabelli Healthcare & Wellness Trust by 0.8% in the 3rd quarter. Aviance Capital Partners LLC now owns 172,847 shares of the investment management company’s stock worth $1,644,000 after buying an additional 1,405 shares during the last quarter. International Assets Investment Management LLC lifted its stake in The Gabelli Healthcare & Wellness Trust by 23.7% during the 3rd 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 during the period. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in The Gabelli Healthcare & Wellness Trust during the 1st quarter valued at about $90,000.

About The Gabelli Healthcare & Wellness Trust

(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.