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Gabelli's recent purchase in Gabelli Healthcare & WellnessRx trust totals $82,561

Published 05/12/2024, 05:46 am
GRX
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In a recent filing with the Securities and Exchange Commission, Mario J. Gabelli, a director and control person of Gabelli Healthcare & WellnessRx Trust (NYSE:GRX), disclosed acquiring 7,863 common shares of the trust. The shares were purchased at an average price of $10.50 each, amounting to a total transaction value of approximately $82,561.

Following this transaction, Gabelli holds a significant number of shares in various capacities. Directly, he owns 220,872 shares, while indirectly, he holds 312,226 shares through GGCP, Inc. and 6,380 shares via GPJ Retirement Partners, LLC. The indirect holdings reflect entities where Gabelli has a controlling interest, although he disclaims ownership beyond his indirect pecuniary interest.

This acquisition highlights Gabelli's continued involvement and investment in the trust, which focuses on healthcare and wellness sectors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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