Nations Financial Group Inc. IA ADV Grows Position in Tri-Continental Co. (NYSE:TY)

Nations Financial Group Inc. IA ADV grew its stake in Tri-Continental Co. (NYSE:TY) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,097 shares of the investment management company’s stock after acquiring an additional 568 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Tri-Continental were worth $383,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in TY. Beckerman Institutional LLC boosted its position in Tri-Continental by 1.7% during the fourth quarter. Beckerman Institutional LLC now owns 41,632 shares of the investment management company’s stock worth $1,319,000 after acquiring an additional 708 shares during the last quarter. JSF Financial LLC acquired a new position in Tri-Continental in the 4th quarter valued at $310,000. Savant Capital LLC lifted its stake in shares of Tri-Continental by 1.7% during the 4th quarter. Savant Capital LLC now owns 18,950 shares of the investment management company’s stock worth $601,000 after purchasing an additional 318 shares during the period. Apollon Wealth Management LLC boosted its holdings in shares of Tri-Continental by 14.0% during the fourth quarter. Apollon Wealth Management LLC now owns 10,255 shares of the investment management company’s stock worth $325,000 after purchasing an additional 1,259 shares during the last quarter. Finally, Mezzasalma Advisors LLC purchased a new stake in shares of Tri-Continental in the fourth quarter valued at $206,000. Institutional investors and hedge funds own 10.22% of the company’s stock.

Tri-Continental Trading Up 0.6 %

NYSE TY opened at $32.85 on Wednesday. The business’s 50-day moving average price is $32.20 and its 200 day moving average price is $32.60. Tri-Continental Co. has a twelve month low of $29.12 and a twelve month high of $34.82.

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.