Allspring Global Investments Holdings LLC decreased its position in Tri-Continental Co. (NYSE:TY - Free Report) by 38.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 273,012 shares of the investment management company's stock after selling 168,718 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.51% of Tri-Continental worth $8,652,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE grew its position in shares of Tri-Continental by 16.4% in the third quarter. US Bancorp DE now owns 5,648 shares of the investment management company's stock valued at $187,000 after purchasing an additional 796 shares during the last quarter. Mezzasalma Advisors LLC bought a new stake in shares of Tri-Continental in the fourth quarter valued at approximately $206,000. Walleye Capital LLC bought a new stake in shares of Tri-Continental in the third quarter valued at approximately $269,000. Crews Bank & Trust bought a new stake in shares of Tri-Continental in the fourth quarter valued at approximately $270,000. Finally, JSF Financial LLC bought a new stake in shares of Tri-Continental in the fourth quarter valued at approximately $310,000. Institutional investors and hedge funds own 10.22% of the company's stock.
Tri-Continental Trading Down 0.6 %
Shares of TY stock traded down $0.19 during trading on Friday, hitting $32.60. The company had a trading volume of 49,056 shares, compared to its average volume of 50,172. The stock's 50-day moving average price is $32.16 and its 200 day moving average price is $32.62. Tri-Continental Co. has a one year low of $29.17 and a one year high of $34.82.
About Tri-Continental
(
Free Report)
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.
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