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

Cora Capital Advisors LLC grew its stake in shares of Tri-Continental Co. (NYSE:TY) by 5.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,005 shares of the investment management company’s stock after acquiring an additional 522 shares during the quarter. Cora Capital Advisors LLC’s holdings in Tri-Continental were worth $349,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC grew its stake in Tri-Continental by 3,203.9% during the 3rd 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 during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Tri-Continental by 19.3% in the second 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 last quarter. Shaker Financial Services LLC increased its holdings 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 worth $5,321,000 after buying an additional 66,148 shares during the period. Creative Planning raised its position in Tri-Continental by 74.8% during the 3rd quarter. Creative Planning now owns 25,860 shares of the investment management company’s stock worth $854,000 after buying an additional 11,067 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in Tri-Continental by 3.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 441,730 shares of the investment management company’s stock valued at $14,595,000 after acquiring an additional 15,350 shares during the period. 10.22% of the stock is owned by hedge funds and other institutional investors.

Tri-Continental Stock Up 0.5 %

TY stock opened at $32.94 on Friday. Tri-Continental Co. has a 12 month low of $28.84 and a 12 month high of $34.82. The firm’s fifty day simple moving average is $32.74 and its 200-day simple moving average is $32.46.

Tri-Continental Cuts Dividend

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

About Tri-Continental

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.