57,423 Shares in Tri Continental Corporation $TY Bought by Evolve Private Wealth LLC

Posted by Geri Gentry on Aug 23rd, 2026

Evolve Private Wealth LLC bought a new position in shares of Tri Continental Corporation (NYSE:TY – Free Report) in the second quarter, Holdings Channel reports. The firm bought 57,423 shares of the investment management company’s stock, valued at approximately $1,976,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Saba Capital Management L.P. raised its position in Tri Continental by 4.8% in the first quarter. Saba Capital Management L.P. now owns 735,098 shares of the investment management company’s stock valued at $23,222,000 after purchasing an additional 33,497 shares during the period. Lazard Asset Management LLC lifted its position in Tri Continental by 15.1% during the 3rd quarter. Lazard Asset Management LLC now owns 517,626 shares of the investment management company’s stock worth $17,599,000 after acquiring an additional 67,821 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its holdings in Tri Continental by 0.7% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 420,932 shares of the investment management company’s stock worth $13,748,000 after acquiring an additional 2,899 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Tri Continental by 9.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 366,014 shares of the investment management company’s stock worth $11,562,000 after acquiring an additional 31,757 shares during the period. Finally, Raymond James Financial Inc. grew its position in Tri Continental by 1.0% in the third quarter. Raymond James Financial Inc. now owns 266,059 shares of the investment management company’s stock valued at $9,046,000 after acquiring an additional 2,577 shares in the last quarter. 10.22% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Tri Continental news, Portfolio Manager Yan Jin sold 2,500 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $34.87, for a total transaction of $87,175.00. Following the completion of the transaction, the portfolio manager directly owned 12,919 shares of the company’s stock, valued at $450,485.53. This trade represents a 16.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 8.66% of the stock is owned by company insiders.

Tri Continental Trading Up 0.1%

TY opened at $35.59 on Friday. The firm’s 50 day moving average is $35.20 and its 200-day moving average is $34.04. Tri Continental Corporation has a 52-week low of $30.53 and a 52-week high of $36.55.

Tri Continental Company Profile

(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.