Stephens Inc. AR Has $1.05 Million Position in The Gabelli Healthcare & Wellness Trust (NYSE:GRX)

Stephens Inc. AR raised its position in shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 8.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 108,534 shares of the investment management company’s stock after purchasing an additional 8,633 shares during the quarter. Stephens Inc. AR’s holdings in The Gabelli Healthcare & Wellness Trust were worth $1,046,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in The Gabelli Healthcare & Wellness Trust during the 3rd quarter valued at $72,000. Capstone Investment Advisors LLC acquired a new stake in The Gabelli Healthcare & Wellness Trust during the 3rd quarter valued at $191,000. International Assets Investment Management LLC raised its stake in The Gabelli Healthcare & Wellness Trust by 995.0% during the 3rd quarter. International Assets Investment Management LLC now owns 60,838 shares of the investment management company’s stock valued at $666,000 after purchasing an additional 55,282 shares during the period. Absolute Investment Advisers LLC acquired a new stake in The Gabelli Healthcare & Wellness Trust during the 4th quarter valued at $813,000. Finally, Aviance Capital Partners LLC raised its stake in The Gabelli Healthcare & Wellness Trust by 1.0% during the 3rd quarter. Aviance Capital Partners LLC now owns 129,307 shares of the investment management company’s stock valued at $1,416,000 after purchasing an additional 1,224 shares during the period.

Insider Transactions at The Gabelli Healthcare & Wellness Trust

In related news, insider Mario J. Gabelli purchased 4,000 shares of the company’s stock in a transaction dated Thursday, January 16th. The shares were acquired at an average cost of $9.80 per share, with a total value of $39,200.00. Following the completion of the purchase, the insider now owns 235,872 shares of the company’s stock, valued at $2,311,545.60. The trade was a 1.73 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Saba Capital Management, L.P. purchased 20,408 shares of the company’s stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of $9.74 per share, for a total transaction of $198,773.92. Following the completion of the purchase, the insider now directly owns 1,911,034 shares of the company’s stock, valued at $18,613,471.16. The trade was a 1.08 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 78,723 shares of company stock valued at $785,534.

The Gabelli Healthcare & Wellness Trust Price Performance

Shares of NYSE:GRX opened at $10.09 on Friday. The company’s fifty day moving average is $9.95 and its two-hundred day moving average is $10.42. The Gabelli Healthcare & Wellness Trust has a 12-month low of $9.21 and a 12-month high of $11.24.

The Gabelli Healthcare & Wellness Trust Profile

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.