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Mario J. Gabelli, a director and control person of the adviser for Gabelli Healthcare & WellnessRx Trust (NYSE:GRX), recently purchased 1,000 common shares of the company. The shares were bought at a price of $10.202 each, amounting to a total transaction value of $10,202. Following this acquisition, Gabelli directly owns 236,925 shares. Additional shares are held indirectly through various entities, including GGCP, Inc., Associated Capital Group (NYSE:AC), Inc., GPJ Retirement Partners, and a trust account, reflecting his extensive involvement in the company. The trust, known for its low price volatility and 14-year track record of consistent dividend payments, currently offers a 5.93% dividend yield. Want deeper insights into insider trading patterns and dividend sustainability? InvestingPro offers exclusive analysis and 2 additional key insights about GRX.
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