Tri-Continental Co. (NYSE:TY) Shares Acquired by Cora Capital Advisors LLC

Cora Capital Advisors LLC increased its holdings in shares of Tri-Continental Co. (NYSE:TY) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,005 shares of the investment management company’s stock after buying an additional 522 shares during the period. Cora Capital Advisors LLC’s holdings in Tri-Continental were worth $349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in TY. International Assets Investment Management LLC lifted its holdings in Tri-Continental by 3,203.9% during the third quarter. International Assets Investment Management LLC now owns 232,295 shares of the investment management company’s stock valued at $7,031,000 after purchasing an additional 225,264 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Tri-Continental by 19.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,577 shares of the investment management company’s stock worth $111,000 after purchasing an additional 579 shares during the last quarter. Shaker Financial Services LLC lifted its stake in Tri-Continental by 69.7% in the 3rd quarter. Shaker Financial Services LLC now owns 161,057 shares of the investment management company’s stock valued at $5,321,000 after buying an additional 66,148 shares in the last quarter. Creative Planning lifted its stake in Tri-Continental by 74.8% in the 3rd quarter. Creative Planning now owns 25,860 shares of the investment management company’s stock valued at $854,000 after buying an additional 11,067 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Tri-Continental by 3.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 441,730 shares of the investment management company’s stock worth $14,595,000 after buying an additional 15,350 shares during the last quarter. Institutional investors and hedge funds own 10.22% of the company’s stock.

Tri-Continental Price Performance

Shares of Tri-Continental stock opened at $32.94 on Friday. The business has a 50 day simple moving average of $32.74 and a two-hundred day simple moving average of $32.46. Tri-Continental Co. has a 12 month low of $28.84 and a 12 month high of $34.82.

Tri-Continental Cuts Dividend

The company also recently disclosed a — dividend, which was paid on Monday, December 23rd. Shareholders of record on Friday, December 13th were issued a $0.285 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 3.3%.

Tri-Continental Company Profile

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.