Atria Wealth Solutions Inc. Reduces Holdings in The Gabelli Healthcare & Wellness Trust (NYSE:GRX)

Atria Wealth Solutions Inc. trimmed its stake in shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,354 shares of the investment management company’s stock after selling 6,860 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in The Gabelli Healthcare & Wellness Trust were worth $824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Cerity Partners LLC raised its holdings in The Gabelli Healthcare & Wellness Trust by 10.5% during the 4th quarter. Cerity Partners LLC now owns 11,347 shares of the investment management company’s stock valued at $106,000 after buying an additional 1,076 shares during the last quarter. Landscape Capital Management L.L.C. raised its stake in shares of The Gabelli Healthcare & Wellness Trust by 35.5% during the third quarter. Landscape Capital Management L.L.C. now owns 16,507 shares of the investment management company’s stock valued at $142,000 after acquiring an additional 4,323 shares during the last quarter. Almitas Capital LLC bought a new stake in shares of The Gabelli Healthcare & Wellness Trust in the third quarter worth about $273,000. Quantedge Capital Pte Ltd increased its holdings in The Gabelli Healthcare & Wellness Trust by 16.8% during the 3rd quarter. Quantedge Capital Pte Ltd now owns 54,196 shares of the investment management company’s stock valued at $465,000 after purchasing an additional 7,800 shares during the period. Finally, International Assets Investment Management LLC bought a new position in The Gabelli Healthcare & Wellness Trust during the 4th quarter valued at approximately $479,000.

The Gabelli Healthcare & Wellness Trust Trading Up 0.6 %

Shares of GRX stock opened at $9.49 on Friday. The Gabelli Healthcare & Wellness Trust has a fifty-two week low of $7.73 and a fifty-two week high of $10.30. The business’s 50 day moving average price is $9.79 and its 200-day moving average price is $9.30.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 14th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.32%. The ex-dividend date of this dividend was Wednesday, March 13th.

Insider Buying and Selling

In other news, insider Mario J. Gabelli acquired 10,000 shares of the business’s stock in a transaction on Thursday, February 29th. The shares were acquired at an average cost of $10.00 per share, with a total value of $100,000.00. Following the transaction, the insider now owns 210,000 shares in the company, valued at approximately $2,100,000. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

About The Gabelli Healthcare & Wellness Trust

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.