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Tortoise Power and Energy Infrastructure Fund, Inc. $TPZ Shares Acquired by Journey Advisory Group LLC

Tortoise Power and Energy Infrastructure Fund logo with Financial Services background

Key Points

  • Journey Advisory Group LLC increased its position in Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) by 5.7% during the second quarter, acquiring an additional 31,124 shares.
  • The fund now constitutes 0.8% of Journey Advisory Group LLC's portfolio, with a total of approximately $10,916,000 invested by the end of the latest quarter.
  • TPZ stock opened at $21.28, with a 52-week trading range of $17.50 to $22.30.
  • MarketBeat previews top five stocks to own in November.

Journey Advisory Group LLC increased its position in Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ - Free Report) by 5.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 578,866 shares of the investment management company's stock after acquiring an additional 31,124 shares during the period. Tortoise Power and Energy Infrastructure Fund makes up 0.8% of Journey Advisory Group LLC's portfolio, making the stock its 28th biggest position. Journey Advisory Group LLC owned approximately 7.70% of Tortoise Power and Energy Infrastructure Fund worth $10,916,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Advisors Asset Management Inc. increased its holdings in shares of Tortoise Power and Energy Infrastructure Fund by 0.6% in the 1st quarter. Advisors Asset Management Inc. now owns 122,686 shares of the investment management company's stock worth $2,533,000 after acquiring an additional 731 shares during the period. D.A. Davidson & CO. increased its holdings in shares of Tortoise Power and Energy Infrastructure Fund by 14.6% in the 1st quarter. D.A. Davidson & CO. now owns 124,168 shares of the investment management company's stock worth $2,564,000 after acquiring an additional 15,860 shares during the period. Finally, Private Trust Co. NA increased its holdings in shares of Tortoise Power and Energy Infrastructure Fund by 50.0% in the 1st quarter. Private Trust Co. NA now owns 3,000 shares of the investment management company's stock worth $62,000 after acquiring an additional 1,000 shares during the period.

Tortoise Power and Energy Infrastructure Fund Stock Up 1.1%

TPZ stock opened at $21.28 on Monday. Tortoise Power and Energy Infrastructure Fund, Inc. has a fifty-two week low of $17.50 and a fifty-two week high of $22.30. The firm's 50-day simple moving average is $20.88 and its 200 day simple moving average is $20.26.

Tortoise Power and Energy Infrastructure Fund Company Profile

(Free Report)

Tortoise Power and Energy Infrastructure Fund, Inc is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors.

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Want to see what other hedge funds are holding TPZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ - Free Report).

Institutional Ownership by Quarter for Tortoise Power and Energy Infrastructure Fund (NYSE:TPZ)

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