Cranbrook Wealth Management Exits Position in Tortoise MLP Fund (NTG)

Tortoise MLP Fund (NTG) : Cranbrook Wealth Management has sold out all of its stake in Tortoise MLP Fund during the most recent quarter, according to the disclosure filed by the company on Aug 2, 2016 with the SEC. The investment management company has sold out 183 shares of Tortoise MLP Fund which is valued at $3,437.

Other Hedge Funds, Including , Arcus Capital Partners boosted its stake in NTG in the latest quarter, The investment management firm added 2,204 additional shares and now holds a total of 70,776 shares of Tortoise MLP Fund which is valued at $1,329,173. Tortoise MLP Fund makes up approx 1.24% of Arcus Capital Partners’s portfolio.Tocqueville Asset Management reduced its stake in NTG by selling 18,540 shares or 13.43% in the most recent quarter. The Hedge Fund company now holds 119,488 shares of NTG which is valued at $2,249,959. Tortoise MLP Fund makes up approx 0.03% of Tocqueville Asset Management’s portfolio.Financial Architects Inc boosted its stake in NTG in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 517 shares of Tortoise MLP Fund which is valued at $9,813.Gierl Augustine Investment Management Inc boosted its stake in NTG in the latest quarter, The investment management firm added 3 additional shares and now holds a total of 1,130 shares of Tortoise MLP Fund which is valued at $20,815. Tortoise MLP Fund makes up approx 0.02% of Gierl Augustine Investment Management Inc’s portfolio.Creative Planning boosted its stake in NTG in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 8,673 shares of Tortoise MLP Fund which is valued at $159,757.

Tortoise MLP Fund Inc. is a non-diversified closed-end management investment fund. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions. It focuses primarily on midstream energy infrastructure master limited partnerships (MLPs) that engage in the business of transporting gathering and processing and storing natural gas and natural gas liquids (NGLs). The Fund invests at least 80% of total assets in equity securities of MLPs in the energy infrastructure sector with at least 50% of its total assets in equity securities of natural gas infrastructure MLPs. It will not invest more than 10% of its total assets in any single issuer or engage in short sales. The Fund’s portfolio includes natural gas/natural gas liquids pipelines natural gas gathering/processing and crude/refined products pipelines. Tortoise Capital Advisors L.L.C. is an investment adviser to the Fund.

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