Tortoise Energy Infrastructure Corp. (TYG) Holdings Lowered by Uniplan Investment Counsel Inc.

Uniplan Investment Counsel Inc. trimmed its position in Tortoise Energy Infrastructure Corp. (NYSE:TYG) by 1.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 915,701 shares of the financial services provider’s stock after selling 13,593 shares during the quarter. Tortoise Energy Infrastructure makes up approximately 1.1% of Uniplan Investment Counsel Inc.’s portfolio, making the stock its 29th largest position. Uniplan Investment Counsel Inc. owned approximately 1.86% of Tortoise Energy Infrastructure worth $26,537,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in TYG. Janney Montgomery Scott LLC boosted its holdings in shares of Tortoise Energy Infrastructure by 3.9% in the second quarter. Janney Montgomery Scott LLC now owns 27,425 shares of the financial services provider’s stock worth $833,000 after buying an additional 1,023 shares during the period. Crescent Grove Advisors LLC acquired a new stake in shares of Tortoise Energy Infrastructure during the second quarter worth approximately $3,707,000. UMB Bank N A MO boosted its holdings in shares of Tortoise Energy Infrastructure by 7.2% during the second quarter. UMB Bank N A MO now owns 535,566 shares of the financial services provider’s stock worth $16,276,000 after purchasing an additional 35,901 shares during the period. Advisors Asset Management Inc. boosted its holdings in shares of Tortoise Energy Infrastructure by 4.0% during the second quarter. Advisors Asset Management Inc. now owns 323,639 shares of the financial services provider’s stock worth $9,835,000 after purchasing an additional 12,454 shares during the period. Finally, Parkside Investments LLC boosted its holdings in shares of Tortoise Energy Infrastructure by 6.0% during the second quarter. Parkside Investments LLC now owns 122,337 shares of the financial services provider’s stock worth $3,718,000 after purchasing an additional 6,977 shares during the period. Institutional investors own 30.08% of the company’s stock.

Tortoise Energy Infrastructure Corp. (NYSE:TYG) traded down $0.27 during mid-day trading on Wednesday, hitting $25.64. 299,500 shares of the company traded hands, compared to its average volume of 182,104. Tortoise Energy Infrastructure Corp. has a twelve month low of $24.30 and a twelve month high of $37.11.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 22nd were issued a dividend of $0.655 per share. This represents a $2.62 annualized dividend and a dividend yield of 10.22%. The ex-dividend date was Tuesday, November 21st.

In other Tortoise Energy Infrastructure news, insider Matthew Sallee bought 5,000 shares of Tortoise Energy Infrastructure stock in a transaction on Thursday, November 30th. The stock was purchased at an average cost of $25.47 per share, for a total transaction of $127,350.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Prudential Financial Inc bought 25,000,000 shares of Tortoise Energy Infrastructure stock in a transaction on Monday, September 25th. The stock was acquired at an average price of $11,560,000.00 per share, with a total value of $289,000,000,000,000.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 25,006,740 shares of company stock valued at $289,000,000,172,483. 0.33% of the stock is currently owned by corporate insiders.

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Tortoise Energy Infrastructure Company Profile

Tortoise Energy Infrastructure Corporation (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with a focus on current distributions paid to stockholders. The Fund invests primarily in equity securities of master limited partnerships (MLPs) and their affiliates that transport, gather, process or store natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products.

Institutional Ownership by Quarter for Tortoise Energy Infrastructure (NYSE:TYG)

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