Edge Wealth Management LLC acquired a new position in shares of Tortoise Energy Infrastructure Corp. (NYSE:TYG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 27,310 shares of the financial services provider’s stock, valued at approximately $789,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. BerganKDV Wealth Management LLC acquired a new stake in Tortoise Energy Infrastructure during the 4th quarter worth about $395,000. Private Trust Co. NA acquired a new stake in Tortoise Energy Infrastructure during the 4th quarter worth about $228,000. Hartford Financial Management Inc. boosted its position in Tortoise Energy Infrastructure by 67.8% during the 4th quarter. Hartford Financial Management Inc. now owns 8,732 shares of the financial services provider’s stock worth $253,000 after acquiring an additional 3,528 shares during the period. BLB&B Advisors LLC boosted its position in Tortoise Energy Infrastructure by 63.7% during the 4th quarter. BLB&B Advisors LLC now owns 12,525 shares of the financial services provider’s stock worth $364,000 after acquiring an additional 4,875 shares during the period. Finally, Pennsylvania Trust Co boosted its position in Tortoise Energy Infrastructure by 29.1% during the 4th quarter. Pennsylvania Trust Co now owns 94,267 shares of the financial services provider’s stock worth $2,742,000 after acquiring an additional 21,252 shares during the period. Hedge funds and other institutional investors own 30.03% of the company’s stock.

Shares of Tortoise Energy Infrastructure Corp. (NYSE TYG) opened at $31.12 on Thursday. Tortoise Energy Infrastructure Corp. has a 1 year low of $24.30 and a 1 year high of $37.11.

In other Tortoise Energy Infrastructure news, insider Terry Matlack acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was purchased at an average cost of $26.13 per share, for a total transaction of $26,130.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO P. Bradley Adams acquired 1,571 shares of the firm’s stock in a transaction on Thursday, December 28th. The shares were acquired at an average price of $28.45 per share, with a total value of $44,694.95. The disclosure for this purchase can be found here. Insiders have acquired a total of 11,238 shares of company stock valued at $297,522 over the last 90 days. Corporate insiders own 0.33% of the company’s stock.

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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.

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

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