Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Stock Price Down 0.2% – Should You Sell?

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) traded down 0.2% on Friday . The company traded as low as $23.36 and last traded at $23.36. 2,888 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 20,954 shares. The stock had previously closed at $23.41.

Tennessee Valley Authority PARRS A 2029 Stock Down 0.2%

The stock has a 50-day moving average of $23.20 and a 200 day moving average of $22.99.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Thursday, July 31st will be issued a $0.1385 dividend. The ex-dividend date of this dividend is Thursday, July 31st. This represents a $0.55 annualized dividend and a yield of 2.37%.

Institutional Trading of Tennessee Valley Authority PARRS A 2029

A hedge fund recently raised its stake in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC increased its stake in shares of Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,285 shares of the company’s stock after purchasing an additional 1,890 shares during the period. Summit Financial LLC’s holdings in Tennessee Valley Authority PARRS A 2029 were worth $1,032,000 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.