25,621 Shares in Tortoise Energy Infrastructure Co. (NYSE:TYG) Acquired by Invesco Ltd.

Invesco Ltd. bought a new stake in Tortoise Energy Infrastructure Co. (NYSE:TYG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 25,621 shares of the financial services provider's stock, valued at approximately $1,076,000. Invesco Ltd. owned 0.24% of Tortoise Energy Infrastructure as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new position in shares of Tortoise Energy Infrastructure in the 4th quarter valued at $25,000. Noble Wealth Management PBC acquired a new position in Tortoise Energy Infrastructure during the fourth quarter worth about $30,000. Hartford Financial Management Inc. lifted its holdings in shares of Tortoise Energy Infrastructure by 37.5% in the fourth quarter. Hartford Financial Management Inc. now owns 803 shares of the financial services provider's stock worth $34,000 after acquiring an additional 219 shares during the last quarter. Principal Securities Inc. bought a new position in shares of Tortoise Energy Infrastructure in the fourth quarter worth about $46,000. Finally, Eastern Bank acquired a new stake in shares of Tortoise Energy Infrastructure in the 4th quarter valued at approximately $124,000. Institutional investors own 32.50% of the company's stock.

Tortoise Energy Infrastructure Price Performance

TYG stock traded up $0.33 during trading on Wednesday, reaching $39.68. 53,268 shares of the company were exchanged, compared to its average volume of 60,610. The company has a 50-day moving average of $40.53 and a two-hundred day moving average of $42.66. Tortoise Energy Infrastructure Co. has a twelve month low of $32.15 and a twelve month high of $48.76.

Tortoise Energy Infrastructure Announces Dividend

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

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.