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

Posted by Andrew Walz on Oct 9th, 2026

The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) major shareholder Saba Capital Management, L.P. bought 1,775 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were acquired at an average cost of $9.38 per share, for a total transaction of $16,649.50. Following the completion of the transaction, the insider owned 2,164,547 shares of the company’s stock, valued at approximately $20,303,450.86. The trade was a 0.08% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

On Tuesday, October 6th, Saba Capital Management, L.P. purchased 4,439 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired at an average cost of $9.41 per share, with a total value of $41,770.99.
On Thursday, October 1st, Saba Capital Management, L.P. purchased 5,720 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired 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. acquired 500 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $9.35 per share, with a total value of $4,675.00.
On Wednesday, September 30th, Saba Capital Management, L.P. acquired 519 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $9.52 per share, for a total transaction of $4,940.88.
On Friday, September 11th, Saba Capital Management, L.P. bought 400 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was acquired at an average cost of $9.71 per share, for a total transaction of $3,884.00.
On Thursday, September 3rd, Saba Capital Management, L.P. bought 500 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were acquired at an average price of $10.08 per share, with a total value of $5,040.00.
On Thursday, August 27th, Saba Capital Management, L.P. purchased 4,340 shares of The Gabelli Healthcare & Wellness Trust stock. The shares were bought at an average cost of $10.05 per share, with a total value of $43,617.00.
On Friday, August 21st, Saba Capital Management, L.P. purchased 7,087 shares of The Gabelli Healthcare & Wellness Trust stock. The stock was bought at an average price 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 bought at an average cost of $10.13 per share, for a total transaction 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 stock was bought at an average cost of $9.86 per share, for a total transaction of $11,861.58.

The Gabelli Healthcare & Wellness Trust Trading Up 1.9%

NYSE GRX opened at $9.60 on Friday. The Gabelli Healthcare & Wellness Trust has a 12 month low of $8.80 and a 12 month high of $10.20. The company’s fifty day moving average price is $9.82 and its two-hundred day moving average price is $9.43.

The Gabelli Healthcare & Wellness Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 16th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date was Wednesday, September 16th.

Institutional Trading of The Gabelli Healthcare & Wellness Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. Aviance Capital Partners LLC lifted 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 purchasing an additional 3,482 shares during the last quarter. Fifth Third Bancorp bought a new stake in The Gabelli Healthcare & Wellness Trust during the first quarter valued at $33,000. Gamco Investors INC. ET AL raised its holdings in shares of The Gabelli Healthcare & Wellness Trust by 1.1% during the first quarter. Gamco Investors INC. ET AL now owns 346,026 shares of the investment management company’s stock worth $3,132,000 after purchasing an additional 3,800 shares during the period. Private Advisor Group LLC raised its holdings in shares of 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 worth $180,000 after purchasing an additional 4,000 shares during the period. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in shares of The Gabelli Healthcare & Wellness Trust in the 1st quarter worth about $90,000.

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.