Mariner Wealth Advisors buys $22.8 Million stake in Tortoise Energy Infrastructure Corp. (TYG)

Tortoise Energy Infrastructure Corp. (TYG) : Mariner Wealth Advisors scooped up 101,341 additional shares in Tortoise Energy Infrastructure Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 787,604 shares of Tortoise Energy Infrastructure Corp. which is valued at $22.8 Million.Tortoise Energy Infrastructure Corp. makes up approximately 1.36% of Mariner Wealth Advisors’s portfolio.

Other Hedge Funds, Including , First Republic Investment Management boosted its stake in TYG in the latest quarter, The investment management firm added 4,089 additional shares and now holds a total of 33,913 shares of Tortoise Energy Infrastructure Corp. which is valued at $983,477. Tortoise Energy Infrastructure Corp. makes up approx 0.01% of First Republic Investment Management’s portfolio.Argent Trust Co reduced its stake in TYG by selling 3,158 shares or 21.07% in the most recent quarter. The Hedge Fund company now holds 11,833 shares of TYG which is valued at $343,157. Tortoise Energy Infrastructure Corp. makes up approx 0.17% of Argent Trust Co’s portfolio.Parkside Financial Bank Trust boosted its stake in TYG in the latest quarter, The investment management firm added 8,757 additional shares and now holds a total of 178,776 shares of Tortoise Energy Infrastructure Corp. which is valued at $5 Million. Tortoise Energy Infrastructure Corp. makes up approx 2.50% of Parkside Financial Bank Trust’s portfolio.

Many Wall Street Analysts have commented on Tortoise Energy Infrastructure Corp.. Stifel Upgraded Tortoise Energy Infrastructure Corp. on Apr 26, 2016 to ” Buy”, Price Target of the shares are set at $30.Tortoise Energy Infrastructure Corp. was Downgraded by BofA/Merrill to ” Neutral” on Feb 17, 2016.

Tortoise Energy Infrastructure Corp. (The Fund) is a closed-end investment company. The Company primarily invests in equity securities of publicly-traded Master Limited Partnerships (MLPs) and their affiliates in the energy infrastructure sector. The Fund’s investment objective is to seek a high level of total return for its stockholders with an emphasis on distribution income paid to stockholders. It seeks to provide stockholders with an efficient vehicle to invest in the energy infrastructure sector. Tortoise Capital Advisors L.L.C. serves as the Fund’s investment adviser.

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