Tri-Continental Co. (NYSE:TY) Shares Sold by Walleye Capital LLC

Walleye Capital LLC decreased its position in Tri-Continental Co. (NYSE:TYGet Rating) by 41.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 18,466 shares of the investment management company’s stock after selling 13,288 shares during the period. Walleye Capital LLC’s holdings in Tri-Continental were worth $569,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. D.A. Davidson & CO. grew its position in Tri-Continental by 16.0% in the first quarter. D.A. Davidson & CO. now owns 71,673 shares of the investment management company’s stock worth $2,210,000 after buying an additional 9,871 shares during the last quarter. Cornerstone Advisory LLC boosted its stake in shares of Tri-Continental by 3.5% during the 1st quarter. Cornerstone Advisory LLC now owns 54,971 shares of the investment management company’s stock worth $1,696,000 after acquiring an additional 1,840 shares in the last quarter. Cornerstone Advisors LLC grew its holdings in shares of Tri-Continental by 159.6% in the 1st quarter. Cornerstone Advisors LLC now owns 289,521 shares of the investment management company’s stock worth $9,217,000 after acquiring an additional 178,010 shares during the last quarter. Uncommon Cents Investing LLC raised its position in shares of Tri-Continental by 3.9% during the first quarter. Uncommon Cents Investing LLC now owns 167,521 shares of the investment management company’s stock worth $5,166,000 after purchasing an additional 6,279 shares during the period. Finally, Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Tri-Continental by 16.5% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 34,019 shares of the investment management company’s stock valued at $1,049,000 after purchasing an additional 4,813 shares during the last quarter. Institutional investors own 10.10% of the company’s stock.

Tri-Continental Price Performance

Shares of TY opened at $26.50 on Thursday. The business’s 50-day moving average price is $28.05 and its 200 day moving average price is $28.56. Tri-Continental Co. has a 1-year low of $25.26 and a 1-year high of $35.91.

Tri-Continental Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 20th. Stockholders of record on Monday, September 12th were given a $0.2695 dividend. This represents a $1.08 annualized dividend and a dividend yield of 4.07%. The ex-dividend date was Friday, September 9th.

Tri-Continental Company Profile

(Get Rating)

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies.

See Also

Want to see what other hedge funds are holding TY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tri-Continental Co. (NYSE:TYGet Rating).

Institutional Ownership by Quarter for Tri-Continental (NYSE:TY)

Receive News & Ratings for Tri-Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tri-Continental and related companies with MarketBeat.com's FREE daily email newsletter.