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Brown Advisory Inc. Makes New Investment in TC Bancshares, Inc. (NASDAQ:TCBC)

Defense World ·  Feb 26, 2023 06:12

Brown Advisory Inc. bought a new position in TC Bancshares, Inc. (NASDAQ:TCBC – Get Rating) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,000 shares of the company's stock, valued at approximately $144,000. Brown Advisory Inc. owned 0.25% of TC Bancshares as of its most recent filing with the Securities and Exchange Commission.

Separately, Vanguard Group Inc. boosted its holdings in shares of TC Bancshares by 6.7% in the 1st quarter. Vanguard Group Inc. now owns 161,361 shares of the company's stock valued at $2,277,000 after purchasing an additional 10,098 shares during the last quarter. Institutional investors own 15.89% of the company's stock.

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TC Bancshares Trading Up 0.9 %

Shares of TCBC opened at $16.30 on Friday. The company's fifty day moving average is $15.39 and its two-hundred day moving average is $14.87. TC Bancshares, Inc. has a fifty-two week low of $12.00 and a fifty-two week high of $17.27.

TC Bancshares Announces Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Wednesday, January 18th. Shareholders of record on Tuesday, January 3rd were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, December 30th.

About TC Bancshares

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TC Bancshares, Inc operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit.

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