Tortoise Energy Infrastructure Corp. (NYSE:TYG) Holdings Raised by Parkside Investments LLC

Parkside Investments LLC increased its position in shares of Tortoise Energy Infrastructure Corp. (NYSE:TYG) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 706,786 shares of the financial services provider’s stock after buying an additional 16,340 shares during the period. Tortoise Energy Infrastructure comprises approximately 4.1% of Parkside Investments LLC’s holdings, making the stock its 2nd biggest holding. Parkside Investments LLC owned about 1.32% of Tortoise Energy Infrastructure worth $15,938,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in TYG. Envestnet Asset Management Inc. raised its stake in Tortoise Energy Infrastructure by 1.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 82,404 shares of the financial services provider’s stock valued at $1,858,000 after purchasing an additional 1,503 shares during the last quarter. Kavar Capital Partners LLC raised its stake in Tortoise Energy Infrastructure by 6.0% during the 2nd quarter. Kavar Capital Partners LLC now owns 26,571 shares of the financial services provider’s stock valued at $599,000 after purchasing an additional 1,500 shares during the last quarter. Hartford Financial Management Inc. raised its stake in Tortoise Energy Infrastructure by 16.5% during the 2nd quarter. Hartford Financial Management Inc. now owns 9,289 shares of the financial services provider’s stock valued at $209,000 after purchasing an additional 1,318 shares during the last quarter. Advisor Group Inc. raised its stake in Tortoise Energy Infrastructure by 13.2% during the 2nd quarter. Advisor Group Inc. now owns 15,610 shares of the financial services provider’s stock valued at $351,000 after purchasing an additional 1,824 shares during the last quarter. Finally, Carmichael Hill & Associates Inc. acquired a new position in Tortoise Energy Infrastructure during the 2nd quarter valued at $208,000. 29.98% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:TYG traded up $0.46 during trading hours on Friday, hitting $21.36. 5,320 shares of the company traded hands, compared to its average volume of 154,751. Tortoise Energy Infrastructure Corp. has a twelve month low of $18.36 and a twelve month high of $29.81. The firm has a 50-day moving average of $22.45 and a 200 day moving average of $23.11.



The business also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 23rd will be paid a dividend of $0.655 per share. This represents a $2.62 annualized dividend and a yield of 12.27%. The ex-dividend date of this dividend is Thursday, August 22nd.

About Tortoise Energy Infrastructure

Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities.

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Institutional Ownership by Quarter for Tortoise Energy Infrastructure (NYSE:TYG)

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