Cary Street Partners Financial LLC Makes New Investment in Tortoise Energy Infrastructure Co. (NYSE:TYG)

Cary Street Partners Financial LLC bought a new position in Tortoise Energy Infrastructure Co. (NYSE:TYG - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,470 shares of the financial services provider's stock, valued at approximately $272,000. Cary Street Partners Financial LLC owned about 0.06% of Tortoise Energy Infrastructure at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new position in Tortoise Energy Infrastructure in the fourth quarter worth approximately $25,000. Noble Wealth Management PBC acquired a new position in shares of Tortoise Energy Infrastructure in the 4th quarter valued at about $30,000. Hartford Financial Management Inc. lifted its holdings in shares of Tortoise Energy Infrastructure by 37.5% in the 4th quarter. Hartford Financial Management Inc. now owns 803 shares of the financial services provider's stock valued at $34,000 after buying an additional 219 shares during the period. Comerica Bank lifted its holdings in shares of Tortoise Energy Infrastructure by 95.0% in the 4th quarter. Comerica Bank now owns 942 shares of the financial services provider's stock valued at $40,000 after buying an additional 459 shares during the period. Finally, Principal Securities Inc. purchased a new position in shares of Tortoise Energy Infrastructure in the 4th quarter valued at about $46,000. 32.50% of the stock is owned by institutional investors.

Tortoise Energy Infrastructure Price Performance

Shares of Tortoise Energy Infrastructure stock traded up $0.24 on Friday, hitting $41.30. The company's stock had a trading volume of 24,513 shares, compared to its average volume of 60,780. Tortoise Energy Infrastructure Co. has a 1 year low of $32.50 and a 1 year high of $48.76. The firm has a fifty day moving average price of $40.41 and a 200-day moving average price of $42.66.

Tortoise Energy Infrastructure Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.365 per share. The ex-dividend date was Monday, March 24th. This represents a dividend yield of 10%.

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.