NYSE:GRX

The Gabelli Healthcare & Wellness Trust (GRX) Stock Price, News & Analysis

$9.48
-0.10 (-1.04%)
(As of 04:32 PM ET)
Today's Range
$9.46
$9.49
50-Day Range
$9.25
$10.25
52-Week Range
$7.73
$10.40
Volume
9,552 shs
Average Volume
33,699 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
6.33%
Price Target
N/A
GRX stock logo

About The Gabelli Healthcare & Wellness Trust Stock (NYSE:GRX)

The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. Closed-ended funds are similar to mutual funds in that they invest in a basket of stocks but differ in that there is a fixed number of shares and no new capital can be injected. The Gabelli Healthcare and Wellness Trust differs from an ETF in that it is actively and not passively managed. The fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc, and invests in the healthcare sector of the public equity markets worldwide.

The Gabelli Healthcare and Wellness Trust maintains a balanced portfolio of companies whose primary operationsare in the healthcare and wellness sector including food & beverage. The top 10 holdings accounted for less than 25% of the portfolio in Q3 2022 with individual holding sizes running from 2.1% to 3.2% for the #1 holding, CVS. Also in the top five are Cigna, Nestle, and Johnson & Johnson.

The Gabelli Health and Wellness Trust is not limited in size or scope of the underlying business so long as the investment is sound. The company invests in stocks of all market capitalizations and sector so long as the underlying business is health or wellness related.

The fund’s management is overseen by Mario J. Gabelli, Chairman and CEO of GAMCO Investors, Inc. He and his tema benchmarks the fund against the S&P 500 Index, the S&P 500 Consumer Staples Index, and S&P 500 Health Care Index in an effort to maintain the most reasonable comparisons. GAMCO was founded in 1976 and has since grown to be managed more than a dozen publicly traded funds. The Gabelli Healthcare & Wellness Trust was launched in February 2007.

GRX Stock Price History

GRX Stock News Headlines

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4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Gabelli Healthcare & WellnessRx Trust (GRX)
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
GRX - The Gabelli Healthcare & Wellness Trust
Meet the 2023 Wellness All-Stars
Gabelli Healthcare & WellnessRx Trust
GRX_pa_old Historical Data
See More Headlines
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Company Calendar

Ex-Dividend for 3/21 Dividend
3/13/2024
Dividend Payable
3/21/2024
Today
4/25/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.24 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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GRX Stock Analysis - Frequently Asked Questions

How have GRX shares performed in 2024?

The Gabelli Healthcare & Wellness Trust's stock was trading at $9.33 at the start of the year. Since then, GRX stock has increased by 1.6% and is now trading at $9.48.
View the best growth stocks for 2024 here
.

Are investors shorting The Gabelli Healthcare & Wellness Trust?

The Gabelli Healthcare & Wellness Trust saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 42,700 shares, an increase of 24.1% from the March 31st total of 34,400 shares. Based on an average daily trading volume, of 33,200 shares, the days-to-cover ratio is currently 1.3 days.
View The Gabelli Healthcare & Wellness Trust's Short Interest
.

How often does The Gabelli Healthcare & Wellness Trust pay dividends? What is the dividend yield for The Gabelli Healthcare & Wellness Trust?

The Gabelli Healthcare & Wellness Trust announced a quarterly dividend on Wednesday, February 14th. Shareholders of record on Thursday, March 14th will be given a dividend of $0.15 per share on Thursday, March 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.33%. The ex-dividend date of this dividend is Wednesday, March 13th.
Read our dividend analysis for GRX
.

Is The Gabelli Healthcare & Wellness Trust a good dividend stock?

The Gabelli Healthcare & Wellness Trust (NYSE:GRX) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.05%.
Read our dividend analysis for GRX.

What other stocks do shareholders of The Gabelli Healthcare & Wellness Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Gabelli Healthcare & Wellness Trust investors own include The Gabelli Equity Trust (GAB), Cisco Systems (CSCO), General Electric (GE), Park City Group (PCYG), AT&T (T), AbbVie (ABBV), Cohen & Steers Closed-End Opportunity Fund (FOF), Gilead Sciences (GILD), Johnson & Johnson (JNJ) and KeyCorp (KEY).

Who are The Gabelli Healthcare & Wellness Trust's major shareholders?

The Gabelli Healthcare & Wellness Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Aviance Capital Partners LLC (0.00%), Blue Bell Private Wealth Management LLC (0.00%) and Wealthcare Advisory Partners LLC (0.00%). Insiders that own company stock include Jeffrey J Jonas Jr, John Chester Ball and Mario J Gabelli.
View institutional ownership trends
.

How do I buy shares of The Gabelli Healthcare & Wellness Trust?

Shares of GRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GRX) was last updated on 4/25/2024 by MarketBeat.com Staff

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