Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Stock Price Up 0.2% – What’s Next?

Shares of Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) shot up 0.2% on Friday . The company traded as high as $22.44 and last traded at $22.38. 8,422 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 17,260 shares. The stock had previously closed at $22.34.

Tennessee Valley Authority PARRS A 2029 Stock Up 0.2 %

The firm has a 50 day moving average price of $22.60 and a 200-day moving average price of $22.23.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Thursday, October 31st were paid a dividend of $0.1385 per share. This represents a $0.55 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend was Thursday, October 31st.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC grew its stake in Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 30.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 40,791 shares of the company’s stock after buying an additional 9,550 shares during the quarter. Summit Financial LLC’s holdings in Tennessee Valley Authority PARRS A 2029 were worth $899,000 as of its most recent SEC filing.

Tennessee Valley Authority PARRS A 2029 Company Profile

for more than eight decades, the tennessee valley authority has provided affordable electricity, environmental stewardship and economic development opportunities to the tennessee valley. tva was established by congress in 1933 to address a wide range of environmental, economic and technological issues, including the need for low-cost electricity, and navigation and flood control along the tennessee river system.