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Take Profits In GRX

|Includes:The Gabelli Healthcare & Wellness Rx Trust (GRX)

The Gabelli Healthcare & WellnessRX fund (NYSE:GRX) is up huge today (huge for a CEF anyway) on a forced buy-in perhaps?

Anyway, I would be taking profits here with the fund up 6% at almost $11.50 roughly. GRX could be at a premium after today!

Another crazy move in equity CEFs!

Disclosure: I am long GRX.

Stocks: GRX