US LNG exports surge but will buyers in China turn up?
Saba Capital Management, L.P., a significant stakeholder in Gabelli Healthcare & WellnessRx Trust (NYSE:GRX), recently acquired additional shares in the company. On February 27 and 28, the firm purchased a total of 5,752 shares of common stock. The transactions were executed at prices ranging from $9.88 to $9.89 per share, amounting to a total investment of $56,839. Following these acquisitions, Saba Capital Management now holds 1,933,119 shares in the trust, representing a significant position in the company, which has a market capitalization of $158.79 million. The purchases were disclosed in a recent SEC filing, signed by both Saba Capital Management and Boaz Weinstein, a ten percent owner. InvestingPro analysis shows the trust has maintained dividend payments for 14 consecutive years, with additional insights available to subscribers.
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