P. Bradley Adams Buys 1,050 Shares of Tortoise MLP Fund Inc (NTG) Stock

Tortoise MLP Fund Inc (NYSE:NTG) CEO P. Bradley Adams acquired 1,050 shares of the company’s stock in a transaction on Tuesday, June 12th. The stock was purchased at an average cost of $18.77 per share, for a total transaction of $19,708.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Tortoise MLP Fund traded down $0.12, reaching $18.27, on Thursday, Marketbeat reports. 312,361 shares of the company were exchanged, compared to its average volume of 247,187. Tortoise MLP Fund Inc has a 1-year low of $14.91 and a 1-year high of $21.09.

The business also recently declared a quarterly dividend, which was paid on Thursday, May 31st. Stockholders of record on Thursday, May 24th were paid a dividend of $0.4225 per share. The ex-dividend date of this dividend was Wednesday, May 23rd. This represents a $1.69 dividend on an annualized basis and a dividend yield of 9.25%.



Several large investors have recently bought and sold shares of NTG. Raymond James & Associates grew its stake in shares of Tortoise MLP Fund by 201.0% during the 4th quarter. Raymond James & Associates now owns 241,661 shares of the investment management company’s stock worth $4,244,000 after purchasing an additional 161,377 shares during the period. American Financial Group Inc. acquired a new position in shares of Tortoise MLP Fund during the 4th quarter worth $2,404,000. Allen Investment Management LLC grew its stake in shares of Tortoise MLP Fund by 97.7% during the 1st quarter. Allen Investment Management LLC now owns 269,124 shares of the investment management company’s stock worth $4,298,000 after purchasing an additional 133,025 shares during the period. Guggenheim Capital LLC grew its stake in shares of Tortoise MLP Fund by 44.3% during the 4th quarter. Guggenheim Capital LLC now owns 298,507 shares of the investment management company’s stock worth $5,242,000 after purchasing an additional 91,709 shares during the period. Finally, Millennium Management LLC acquired a new position in shares of Tortoise MLP Fund during the 4th quarter worth $1,270,000.

Tortoise MLP Fund Company Profile

Tortoise MLP Fund, Inc is a closed-end investment fund, which focuses on natural gas infrastructure master limited partnerships. It also owns and operates a network of pipeline and energy-related logistical infrastructure assets with an emphasis on those that transport, gather, process and store natural gas and natural gas liquids.

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