Tri-Continental Co. (NYSE:TY - Get Free Report)'s share price hit a new 52-week high on Wednesday . The company traded as high as $32.32 and last traded at $32.16, with a volume of 4475 shares changing hands. The stock had previously closed at $32.10.
Tri-Continental Stock Down 0.3 %
The business's fifty day moving average is $31.26 and its two-hundred day moving average is $30.53.
Institutional Trading of Tri-Continental
A number of institutional investors have recently bought and sold shares of TY. Atwood & Palmer Inc. acquired a new stake in Tri-Continental during the 2nd quarter worth $84,000. Motco acquired a new position in shares of Tri-Continental in the 1st quarter valued at $108,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Tri-Continental by 19.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,577 shares of the investment management company's stock valued at $111,000 after buying an additional 579 shares during the period. YHB Investment Advisors Inc. acquired a new position in shares of Tri-Continental in the 1st quarter valued at $158,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of Tri-Continental in the 4th quarter valued at $212,000. Institutional investors and hedge funds own 10.22% of the company's stock.
About Tri-Continental
(
Get 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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