Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report ) shares fell below their 200-day moving average during trading on Monday. The stock’s 200-day moving average is $9.62, falling to a low of $9.47. Gabelli Healthcare & Wellness Trust shares last traded at $9.52, with trading volume of 45,430 shares.
Gabelli Healthcare & Wellness Trust shares rose 0.1%
The company’s 50-day moving average price is $9.61, and its 200-day moving average price is $9.62.
Gabelli Healthcare & Wellness Trust Dividend Announcement
The company also recently declared a quarterly dividend, which is scheduled to be paid on Friday, June 21st. Investors of record on Thursday, June 13th will be paid a $0.15 dividend. The ex-dividend date is Thursday, June 13th. This works out to a $0.60 dividend on an annualized basis, for a dividend yield of 6.30%.
Gabelli Healthcare & Wellness Trust Institutional Transaction
Large investors have recently modified their positions in the company. Cerity Partners LLC increased its stake in The Gabelli Healthcare & Wellness Trust by 10.5% in the fourth quarter. Cerity Partners LLC now owns 11,347 shares of the investment management company’s stock valued at $106,000 after acquiring an additional 1,076 shares in the last quarter. Matisse Capital purchased a new position in The Gabelli Healthcare & Wellness Trust in the fourth quarter valued at approximately $284,000. Almitas Capital LLC purchased a new position in The Gabelli Healthcare & Wellness Trust in the third quarter valued at approximately $273,000. International Assets Investment Management LLC purchased a new position in The Gabelli Healthcare & Wellness Trust in the fourth quarter valued at approximately $479,000. Finally, Quantedge Capital Pte Ltd increased its holdings in shares of The Gabelli Healthcare & Wellness Trust by 16.8% in the third quarter. QuanEdge Capital Inc. now owns 54,196 shares of the investment management company’s stock valued at $465,000 after acquiring an additional 7,800 shares during the last quarter.
Gabelli Healthcare & Wellness Trust Company Profile
(Get your free report)
Gabelli Healthcare and Wellness Trust is a closed-end equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets around the world. The fund seeks to invest in stocks of companies operating primarily in the healthcare and wellness sectors.
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