2,196 Shares in Tortoise Energy Infrastructure Co. (NYSE:TYG) Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. bought a new stake in Tortoise Energy Infrastructure Co. (NYSE:TYGGet Rating) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,196 shares of the financial services provider’s stock, valued at approximately $65,000.

Other large investors also recently added to or reduced their stakes in the company. Sit Investment Associates Inc. raised its stake in shares of Tortoise Energy Infrastructure by 54.8% in the 1st quarter. Sit Investment Associates Inc. now owns 339,311 shares of the financial services provider’s stock valued at $11,727,000 after acquiring an additional 120,149 shares in the last quarter. First Horizon Advisors Inc. raised its position in shares of Tortoise Energy Infrastructure by 471.4% in the second quarter. First Horizon Advisors Inc. now owns 1,000 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 825 shares during the period. KCS Wealth Advisory lifted its stake in shares of Tortoise Energy Infrastructure by 28.1% in the second quarter. KCS Wealth Advisory now owns 103,021 shares of the financial services provider’s stock worth $3,047,000 after buying an additional 22,579 shares during the last quarter. Jaffetilchin Investment Partners LLC grew its stake in Tortoise Energy Infrastructure by 9.9% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 11,642 shares of the financial services provider’s stock valued at $350,000 after buying an additional 1,052 shares during the last quarter. Finally, D.A. Davidson & CO. acquired a new position in Tortoise Energy Infrastructure in the 1st quarter valued at $210,000. 32.31% of the stock is owned by institutional investors.

Tortoise Energy Infrastructure Price Performance

Tortoise Energy Infrastructure stock opened at $33.61 on Friday. The firm has a fifty day moving average price of $32.54 and a two-hundred day moving average price of $32.36. Tortoise Energy Infrastructure Co. has a fifty-two week low of $25.76 and a fifty-two week high of $36.85.

Tortoise Energy Infrastructure Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Wednesday, November 23rd will be paid a dividend of $0.71 per share. The ex-dividend date is Tuesday, November 22nd. This represents a $2.84 annualized dividend and a yield of 8.45%.

Tortoise Energy Infrastructure Company Profile

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

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