Invesco Ltd. bought a new position in Tortoise Energy Infrastructure Co. (NYSE:TYG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 25,621 shares of the financial services provider's stock, valued at approximately $1,076,000. Invesco Ltd. owned about 0.24% of Tortoise Energy Infrastructure as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently made changes to their positions in the company. Aristides Capital LLC raised its holdings in Tortoise Energy Infrastructure by 128.7% in the 4th quarter. Aristides Capital LLC now owns 269,253 shares of the financial services provider's stock worth $11,309,000 after purchasing an additional 151,510 shares in the last quarter. Sit Investment Associates Inc. lifted its holdings in Tortoise Energy Infrastructure by 44.7% in the fourth quarter. Sit Investment Associates Inc. now owns 190,690 shares of the financial services provider's stock worth $8,009,000 after buying an additional 58,938 shares during the period. Wells Fargo & Company MN boosted its position in Tortoise Energy Infrastructure by 1,713.7% during the 4th quarter. Wells Fargo & Company MN now owns 222,159 shares of the financial services provider's stock valued at $9,331,000 after acquiring an additional 209,910 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. grew its holdings in shares of Tortoise Energy Infrastructure by 28.8% during the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 127,580 shares of the financial services provider's stock worth $5,358,000 after acquiring an additional 28,526 shares during the period. Finally, JPMorgan Chase & Co. bought a new position in shares of Tortoise Energy Infrastructure in the 4th quarter worth approximately $25,000. 32.50% of the stock is owned by hedge funds and other institutional investors.
Tortoise Energy Infrastructure Trading Down 0.2 %
Shares of Tortoise Energy Infrastructure stock opened at $39.70 on Friday. Tortoise Energy Infrastructure Co. has a 1 year low of $30.91 and a 1 year high of $48.76. The firm's 50-day moving average is $40.81 and its 200 day moving average is $42.68.
Tortoise Energy Infrastructure Announces Dividend
The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 25th were paid a dividend of $0.365 per share. This represents a dividend yield of 10%. The ex-dividend date of this dividend was Monday, March 24th.
Tortoise Energy Infrastructure Company Profile
(
Free Report)
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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Want to see what other hedge funds are holding TYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tortoise Energy Infrastructure Co. (NYSE:TYG - Free Report).
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