Saba Capital Management acquires $5,424 in Gabelli Healthcare & WellnessRx trust shares

Published 20/03/2025, 17:48
Saba Capital Management acquires $5,424 in Gabelli Healthcare & WellnessRx trust shares

Saba Capital Management, L.P., a significant stakeholder in Gabelli Healthcare & WellnessRx Trust (NYSE:GRX), has increased its holdings in the company. According to a recent SEC filing, Saba Capital acquired 549 shares of common stock at a price of $9.88 per share, totaling approximately $5,424.

The transaction, dated March 18, 2025, brings Saba Capital’s total ownership in the trust to 1,956,488 shares. This move reflects continued interest and investment in Gabelli Healthcare & WellnessRx Trust, a company known for its focus on healthcare and wellness sectors. The shares were acquired indirectly, as noted in the filing, and the transaction was signed off by Zachary Gindes on behalf of Saba Capital Management.

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