22,578 Shares in Tortoise Energy Infrastructure Co. (NYSE:TYG) Purchased by Mutual Advisors LLC

Mutual Advisors LLC acquired a new position in shares of Tortoise Energy Infrastructure Co. (NYSE:TYG) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,578 shares of the financial services provider’s stock, valued at approximately $650,000. Mutual Advisors LLC owned about 0.20% of Tortoise Energy Infrastructure at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in TYG. Mariner LLC raised its stake in shares of Tortoise Energy Infrastructure by 1.1% during the first quarter. Mariner LLC now owns 38,629 shares of the financial services provider’s stock worth $1,335,000 after buying an additional 414 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in Tortoise Energy Infrastructure by 1.6% during the 4th quarter. CreativeOne Wealth LLC now owns 27,280 shares of the financial services provider’s stock worth $867,000 after acquiring an additional 423 shares during the period. Baird Financial Group Inc. raised its position in shares of Tortoise Energy Infrastructure by 2.0% during the 3rd quarter. Baird Financial Group Inc. now owns 30,928 shares of the financial services provider’s stock valued at $926,000 after acquiring an additional 601 shares during the last quarter. Jaffetilchin Investment Partners LLC lifted its stake in shares of Tortoise Energy Infrastructure by 6.1% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 11,467 shares of the financial services provider’s stock valued at $333,000 after purchasing an additional 659 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of Tortoise Energy Infrastructure by 3.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 29,546 shares of the financial services provider’s stock worth $868,000 after purchasing an additional 905 shares during the last quarter. 32.50% of the stock is currently owned by institutional investors and hedge funds.

Tortoise Energy Infrastructure Trading Up 1.3 %

NYSE TYG opened at $30.28 on Thursday. Tortoise Energy Infrastructure Co. has a 12 month low of $26.72 and a 12 month high of $31.28. The stock has a 50-day simple moving average of $29.23 and a 200 day simple moving average of $28.88.

Tortoise Energy Infrastructure Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 22nd were paid a $0.71 dividend. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 9.38%.

Tortoise Energy Infrastructure Company 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.