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In recent trading activity, Saba Capital Management, a prominent investment firm, acquired additional shares of Gabelli Healthcare & WellnessRx Trust (NYSE:GRX). The transaction, dated March 11, 2025, involved the purchase of 100 shares at a price of $10.09 each, amounting to a total investment of $1,009.
The acquisition increased Saba Capital Management’s holdings to 1,955,939 shares. The firm, along with Boaz Weinstein, is recognized as a ten percent owner of the trust. The transaction was filed with the Securities and Exchange Commission on March 13, 2025. According to InvestingPro, GRX trades with relatively low price volatility, currently at $9.95, near its 52-week range of $9.21 to $11.24. Subscribers can access 12+ additional ProTips and comprehensive financial metrics for deeper analysis.
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