Sii Investments Inc. WI trimmed its position in Tortoise Energy Infrastructure Corporation (NYSE:TYG) by 18.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,608 shares of the financial services provider’s stock after selling 2,911 shares during the quarter. Sii Investments Inc. WI’s holdings in Tortoise Energy Infrastructure Corporation were worth $384,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in TYG. Chicago Partners Investment Group LLC boosted its holdings in shares of 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 during the period. Sowell Financial Services LLC boosted its holdings in shares of 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 during the period. BerganKDV Wealth Management LLC acquired a new position in shares of Tortoise Energy Infrastructure Corporation in the second quarter worth about $207,000. WESPAC Advisors LLC acquired a new position in shares of Tortoise Energy Infrastructure Corporation in the second quarter worth about $212,000. Finally, Private Advisor Group LLC boosted its holdings in shares of Tortoise Energy Infrastructure Corporation by 0.3% in the second quarter. Private Advisor Group LLC now owns 8,141 shares of the financial services provider’s stock worth $242,000 after buying an additional 23 shares during the period. Institutional investors own 30.45% of the company’s stock.

Tortoise Energy Infrastructure Corporation (NYSE:TYG) opened at 29.36 on Friday. Tortoise Energy Infrastructure Corporation has a one year low of $26.93 and a one year high of $37.11. The firm has a 50 day moving average of $28.55 and a 200 day moving average of $30.94.

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In other Tortoise Energy Infrastructure Corporation news, major shareholder Prudential Financial Inc acquired 25,000,000 shares of the stock in a transaction dated Monday, September 25th. The shares were bought at an average price of $11,560,000.00 per share, with a total value of $289,000,000,000,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.33% of the company’s stock.

Separately, Stifel Nicolaus upgraded shares of Tortoise Energy Infrastructure Corporation from a “hold” rating to a “buy” rating and decreased their target price for the stock from $35.00 to $34.00 in a report 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.

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

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