Cetera Advisor Networks LLC boosted its holdings in shares of Tortoise Energy Infrastructure Corp. (NYSE:TYG) by 2.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,781 shares of the financial services provider’s stock after buying an additional 778 shares during the quarter. Cetera Advisor Networks LLC’s holdings in Tortoise Energy Infrastructure were worth $669,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of TYG. RDA Financial Network increased its position in Tortoise Energy Infrastructure by 6.1% during the second quarter. RDA Financial Network now owns 15,890 shares of the financial services provider’s stock worth $362,000 after buying an additional 917 shares during the last quarter. Old Port Advisors increased its position in Tortoise Energy Infrastructure by 1.0% during the second quarter. Old Port Advisors now owns 114,602 shares of the financial services provider’s stock worth $2,598,000 after buying an additional 1,124 shares during the last quarter. Penbrook Management LLC boosted its holdings in Tortoise Energy Infrastructure by 5.3% during the second quarter. Penbrook Management LLC now owns 18,000 shares of the financial services provider’s stock valued at $406,000 after acquiring an additional 900 shares during the period. Steward Partners Investment Advisory LLC bought a new stake in Tortoise Energy Infrastructure during the second quarter valued at about $179,000. Finally, Fiduciary Financial Services of The Southwest Inc. TX boosted its holdings in Tortoise Energy Infrastructure by 1.3% during the second quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 46,530 shares of the financial services provider’s stock valued at $1,049,000 after acquiring an additional 599 shares during the period. 30.77% of the stock is currently owned by hedge funds and other institutional investors.
TYG stock opened at $17.84 on Tuesday. Tortoise Energy Infrastructure Corp. has a 52-week low of $17.75 and a 52-week high of $25.47. The company has a 50-day moving average of $18.99 and a two-hundred day moving average of $21.30.
Tortoise Energy Infrastructure Profile
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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