Mario J. Gabelli, a director and control person of Gabelli Healthcare & WellnessRx Trust (NYSE:GRX), has increased his holdings in the company with recent purchases of common shares. According to a recent SEC filing, Gabelli acquired a total of 6,000 shares over two transactions. On December 30, he purchased 4,000 shares at $9.80 each, and on December 31, he added another 2,000 shares at a price of $9.70 per share. The total value of these transactions amounts to $58,600.
Following these acquisitions, Gabelli now directly owns 231,872 shares of the company, representing a significant stake in this $153.58 million market cap trust. Additionally, he holds indirect interests in several entities, including GGCP, Inc., Associated Capital Group (NYSE:AC), Inc., GPJ Retirement Partners, and a trust account, with varying amounts of shares owned by each entity. Gabelli has noted that he disclaims beneficial ownership of shares held by these entities beyond his indirect pecuniary interest. InvestingPro analysis reveals the trust maintains a GREAT financial health score, with additional insights available to subscribers.
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