Private Vista LLC reduced its position in shares of Tortoise Energy Infrastructure Corporation (NYSE:TYG) by 64.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,768 shares of the financial services provider’s stock after selling 23,291 shares during the period. Private Vista LLC’s holdings in Tortoise Energy Infrastructure Corporation were worth $388,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Hirtle Callaghan & Co LLC raised its stake in Tortoise Energy Infrastructure Corporation by 2.0% in the first quarter. Hirtle Callaghan & Co LLC now owns 2,901 shares of the financial services provider’s stock worth $101,000 after buying an additional 56 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in Tortoise Energy Infrastructure Corporation by 258.5% in the second quarter. Chicago Partners Investment Group LLC now owns 6,539 shares of the financial services provider’s stock worth $200,000 after buying an additional 4,715 shares in the last quarter. BTR Capital Management Inc. purchased a new stake in Tortoise Energy Infrastructure Corporation during the first quarter worth approximately $203,000. Sowell Financial Services LLC raised its stake in Tortoise Energy Infrastructure Corporation by 1,497.1% in the first quarter. Sowell Financial Services LLC now owns 6,101 shares of the financial services provider’s stock worth $204,000 after buying an additional 5,719 shares in the last quarter. Finally, BerganKDV Wealth Management LLC purchased a new stake in Tortoise Energy Infrastructure Corporation during the second quarter worth approximately $207,000. 34.49% of the stock is currently owned by institutional investors.

Tortoise Energy Infrastructure Corporation (TYG) opened at 28.61 on Monday. The company’s 50-day moving average is $29.89 and its 200 day moving average is $32.30. Tortoise Energy Infrastructure Corporation has a 52 week low of $27.40 and a 52 week high of $37.11.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 24th will be issued a $0.655 dividend. This represents a $2.62 annualized dividend and a yield of 9.16%. The ex-dividend date of this dividend is Tuesday, August 22nd.

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Separately, Stifel Nicolaus raised shares of Tortoise Energy Infrastructure Corporation from a “hold” rating to a “buy” rating and reduced their price objective for the company from $35.00 to $34.00 in a research note on Wednesday, June 28th. They noted that the move was a valuation call.

Tortoise Energy Infrastructure Corporation 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.

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

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