Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Trading Up 0.2% – Should You Buy?

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE)’s share price shot up 0.2% during trading on Friday . The company traded as high as $22.44 and last traded at $22.38. 8,422 shares traded hands during 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 Trading Up 0.2 %

The business has a 50-day simple moving average of $22.60 and a two-hundred day simple moving average of $22.23.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

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

Institutional Investors Weigh In On Tennessee Valley Authority PARRS A 2029

A hedge fund recently raised its stake in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC lifted its stake in shares of Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 30.6% in the second quarter, according to the company in its most recent filing with the SEC. The fund 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.