Wolverine Asset Management LLC Boosts Holdings in The Gabelli Healthcare & Wellness Trust (NYSE:GRX)

Wolverine Asset Management LLC lifted its stake in shares of The Gabelli Healthcare & Wellness Trust (NYSE:GRX) by 25.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 167,524 shares of the investment management company’s stock after purchasing an additional 34,019 shares during the period. Wolverine Asset Management LLC’s holdings in The Gabelli Healthcare & Wellness Trust were worth $1,563,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Cerity Partners LLC increased its position 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 worth $106,000 after buying an additional 1,076 shares during the last quarter. Landscape Capital Management L.L.C. increased its holdings in The Gabelli Healthcare & Wellness Trust by 35.5% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 16,507 shares of the investment management company’s stock worth $142,000 after acquiring an additional 4,323 shares during the last quarter. Almitas Capital LLC purchased a new stake in The Gabelli Healthcare & Wellness Trust in the 3rd quarter worth about $273,000. Quantedge Capital Pte Ltd increased its stake in shares of The Gabelli Healthcare & Wellness Trust by 16.8% in the third quarter. Quantedge Capital Pte Ltd now owns 54,196 shares of the investment management company’s stock worth $465,000 after purchasing an additional 7,800 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of The Gabelli Healthcare & Wellness Trust in the fourth quarter worth about $479,000.

Insider Activity at The Gabelli Healthcare & Wellness Trust

In related news, insider Mario J. Gabelli purchased 10,000 shares of The Gabelli Healthcare & Wellness Trust stock in a transaction dated Thursday, February 29th. The stock was bought at an average cost of $10.00 per share, for a total transaction of $100,000.00. Following the completion of the transaction, the insider now owns 210,000 shares in the company, valued at $2,100,000. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

The Gabelli Healthcare & Wellness Trust Trading Down 0.6 %

GRX opened at $9.58 on Thursday. The Gabelli Healthcare & Wellness Trust has a twelve month low of $7.73 and a twelve month high of $10.40. The firm has a 50-day moving average price of $9.84 and a 200-day moving average price of $9.26.

The Gabelli Healthcare & Wellness Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, March 14th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 6.26%.

The Gabelli Healthcare & Wellness Trust Company 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.