Tri Continental (NYSE:TY) Shares Cross Above 50 Day Moving Average – What’s Next?

Posted by Francis Steltz on Jun 24th, 2026

Tri Continental Corporation (NYSE:TY – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $34.49 and traded as high as $34.94. Tri Continental shares last traded at $34.80, with a volume of 42,428 shares traded.

Tri Continental Price Performance

The company has a fifty day simple moving average of $34.56 and a two-hundred day simple moving average of $33.41.

Tri Continental Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Tuesday, June 16th will be paid a $0.2852 dividend. This represents a $1.14 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 16th. This is a positive change from Tri Continental’s previous quarterly dividend of $0.28.

Insider Buying and Selling at Tri Continental

In other Tri Continental news, Portfolio Manager Yan Jin sold 2,500 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $34.87, for a total value of $87,175.00. Following the completion of the transaction, the portfolio manager directly owned 12,919 shares in the company, valued at approximately $450,485.53. The trade was a 16.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 8.66% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Shaker Financial Services LLC boosted its stake in Tri Continental by 455.5% during the fourth quarter. Shaker Financial Services LLC now owns 70,445 shares of the investment management company’s stock valued at $2,301,000 after buying an additional 57,763 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in Tri Continental by 27.4% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 123,776 shares of the investment management company’s stock worth $4,043,000 after acquiring an additional 26,593 shares in the last quarter. Altium Capital Management LLC acquired a new stake in Tri Continental in the 4th quarter valued at about $1,321,000. Cornerstone Advisory LLC boosted its position in shares of Tri Continental by 4.6% during the 4th quarter. Cornerstone Advisory LLC now owns 147,472 shares of the investment management company’s stock valued at $4,816,000 after purchasing an additional 6,479 shares in the last quarter. Finally, Financial Plan Inc. acquired a new position in shares of Tri Continental in the 4th quarter worth approximately $392,000. 10.22% of the stock is owned by hedge funds and other institutional investors.

Tri Continental Company Profile

(Get Free Report)

Tri-Continental Corporation is a diversified closed-end management investment company that seeks to generate long-term total return through a combination of capital appreciation and income. The firm offers investors access to a broad portfolio of securities through a single, actively managed vehicle listed on the New York Stock Exchange under the ticker TY.

The company’s core strategy centers on investing primarily in equity securities of companies located in North America, Europe and the Pacific Basin.