Aviance Capital Partners LLC Has $1.25 Million Stock Position in The Gabelli Healthcare & Wellness Trust (NYSE:GRX)

Aviance Capital Partners LLC increased its holdings in The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 2.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,893 shares of the investment management company’s stock after acquiring an additional 3,101 shares during the period. Aviance Capital Partners LLC’s holdings in The Gabelli Healthcare & Wellness Trust were worth $1,248,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Stephens Inc. AR raised its stake in shares of The Gabelli Healthcare & Wellness Trust by 12.0% in the fourth quarter. Stephens Inc. AR now owns 123,503 shares of the investment management company’s stock worth $1,152,000 after purchasing an additional 13,209 shares during the last quarter. Quantedge Capital Pte Ltd lifted its stake in The Gabelli Healthcare & Wellness Trust by 28.0% during the 4th quarter. Quantedge Capital Pte Ltd now owns 69,396 shares of the investment management company’s stock valued at $647,000 after acquiring an additional 15,200 shares in the last quarter. RPO LLC boosted its holdings in The Gabelli Healthcare & Wellness Trust by 24.7% during the 4th quarter. RPO LLC now owns 136,169 shares of the investment management company’s stock worth $1,270,000 after acquiring an additional 27,000 shares during the last quarter. Cornerstone Advisors LLC grew its stake in shares of The Gabelli Healthcare & Wellness Trust by 7.5% in the 4th quarter. Cornerstone Advisors LLC now owns 310,720 shares of the investment management company’s stock worth $2,899,000 after acquiring an additional 21,613 shares in the last quarter. Finally, Matisse Capital purchased a new stake in shares of The Gabelli Healthcare & Wellness Trust in the fourth quarter valued at about $284,000.

The Gabelli Healthcare & Wellness Trust Stock Performance

The Gabelli Healthcare & Wellness Trust stock opened at $9.44 on Tuesday. The Gabelli Healthcare & Wellness Trust has a fifty-two week low of $7.73 and a fifty-two week high of $10.30. The firm’s 50-day simple moving average is $9.63 and its 200 day simple moving average is $9.66.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Thursday, June 13th were paid a $0.15 dividend. The ex-dividend date was Thursday, June 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.36%.

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.