In recent trading activity, Saba Capital Management, L.P., led by Boaz Weinstein, reported the acquisition of 1,312 shares of Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) on December 2, 2024. The shares were purchased at a price of $10.46 each, amounting to a total investment of $13,723. Following this transaction, Saba Capital Management's total holdings in the company now stand at 1,890,626 shares. This move underscores the firm's continued interest in the healthcare and wellness sector. According to InvestingPro, GRX has maintained dividend payments for 13 consecutive years, currently offering a substantial 5.73% dividend yield. For more detailed analysis and additional insights, subscribers can access 12+ more InvestingPro Tips.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.