The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Stock Price Crosses Below 200 Day Moving Average of $9.73

The Gabelli Healthcare & Wellness Trust (NYSE:GRXGet Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $9.73 and traded as low as $8.34. The Gabelli Healthcare & Wellness Trust shares last traded at $8.47, with a volume of 110,554 shares traded.

The Gabelli Healthcare & Wellness Trust Trading Up 0.8 %

The firm has a 50-day moving average of $9.29 and a 200-day moving average of $9.73.

The Gabelli Healthcare & Wellness Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 15th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, September 14th. This represents a $0.60 annualized dividend and a yield of 7.08%.

Hedge Funds Weigh In On The Gabelli Healthcare & Wellness Trust

Several institutional investors and hedge funds have recently bought and sold shares of GRX. Captrust Financial Advisors bought a new position in The Gabelli Healthcare & Wellness Trust during the 2nd quarter worth approximately $27,000. Creative Financial Designs Inc. ADV grew its position in The Gabelli Healthcare & Wellness Trust by 237.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 5,857 shares of the investment management company’s stock worth $58,000 after acquiring an additional 4,119 shares during the last quarter. Cerity Partners LLC purchased a new stake in The Gabelli Healthcare & Wellness Trust in the 2nd quarter worth approximately $102,000. Stifel Financial Corp purchased a new stake in The Gabelli Healthcare & Wellness Trust in the 1st quarter worth approximately $104,000. Finally, Private Advisor Group LLC purchased a new stake in The Gabelli Healthcare & Wellness Trust in the 1st quarter worth approximately $107,000.

The Gabelli Healthcare & Wellness Trust Company Profile

(Get Free Report)

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.

Further Reading

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