Sterneck Capital Management LLC Takes $3.02 Million Position in Gabelli Healthcare & WellnessRx Trust (NYSE:GRX)

Sterneck Capital Management LLC acquired a new stake in shares of Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 292,915 shares of the investment management company’s stock, valued at approximately $3,023,000. Gabelli Healthcare & WellnessRx Trust makes up about 1.8% of Sterneck Capital Management LLC’s holdings, making the stock its 15th biggest holding. Sterneck Capital Management LLC owned about 1.48% of Gabelli Healthcare & WellnessRx Trust at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Advisor Group Inc. grew its holdings in Gabelli Healthcare & WellnessRx Trust by 23.4% in the 2nd quarter. Advisor Group Inc. now owns 10,194 shares of the investment management company’s stock worth $111,000 after buying an additional 1,935 shares in the last quarter. Deschutes Portfolio Strategy LLC acquired a new stake in shares of Gabelli Healthcare & WellnessRx Trust during the 3rd quarter valued at $1,149,000. Blue Bell Private Wealth Management LLC lifted its position in shares of Gabelli Healthcare & WellnessRx Trust by 28.0% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 66,246 shares of the investment management company’s stock valued at $670,000 after acquiring an additional 14,490 shares during the last quarter. Doliver Capital Advisors LP acquired a new stake in shares of Gabelli Healthcare & WellnessRx Trust during the 3rd quarter valued at $261,000. Finally, Stephens Inc. AR lifted its position in shares of Gabelli Healthcare & WellnessRx Trust by 55.2% during the 3rd quarter. Stephens Inc. AR now owns 19,443 shares of the investment management company’s stock valued at $197,000 after acquiring an additional 6,918 shares during the last quarter.

Shares of Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) traded up $0.07 during trading hours on Friday, hitting $10.17. The stock had a trading volume of 27,954 shares, compared to its average volume of 56,126. Gabelli Healthcare & WellnessRx Trust has a one year low of $9.42 and a one year high of $10.97.

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Gabelli Healthcare & WellnessRx Trust Profile

The Gabelli Healthcare & WellnessRx Trust is a diversified, closed-end management investment company. The Fund’s investment objective is long term growth of capital. It will invest at least 80% of its assets in equity securities and income producing securities of domestic and foreign companies in the healthcare and wellness industries.

Institutional Ownership by Quarter for Gabelli Healthcare & WellnessRx Trust (NYSE:GRX)

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