Parkside Financial Bank Trust buys $5,043,271 stake in Tortoise Energy Infrastructure Corp. (TYG)

Tortoise Energy Infrastructure Corp. (TYG) : Parkside Financial Bank Trust scooped up 8,757 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 3, 2016. The investment management firm now holds a total of 178,776 shares of Tortoise Energy Infrastructure Corp. which is valued at $5,043,271.Tortoise Energy Infrastructure Corp. makes up approximately 2.50% of Parkside Financial Bank Trust’s portfolio.

Other Hedge Funds, Including , Cambridge Investment Research Advisors reduced its stake in TYG by selling 31 shares or 0.16% in the most recent quarter. The Hedge Fund company now holds 19,341 shares of TYG which is valued at $545,610. Tortoise Energy Infrastructure Corp. makes up approx 0.01% of Cambridge Investment Research Advisors’s portfolio.Oppenheimer Co Inc boosted its stake in TYG in the latest quarter, The investment management firm added 50,589 additional shares and now holds a total of 202,697 shares of Tortoise Energy Infrastructure Corp. which is valued at $6,052,532. Tortoise Energy Infrastructure Corp. makes up approx 0.18% of Oppenheimer Co Inc’s portfolio.Umb Bank N Amo reduced its stake in TYG by selling 33,474 shares or 11.25% in the most recent quarter. The Hedge Fund company now holds 263,966 shares of TYG which is valued at $7,470,238. Tortoise Energy Infrastructure Corp. makes up approx 0.31% of Umb Bank N Amo’s portfolio.A. D. Beadell Investment Counsel reduced its stake in TYG by selling 47,825 shares or 63.72% in the most recent quarter. The Hedge Fund company now holds 27,230 shares of TYG which is valued at $770,609. Tortoise Energy Infrastructure Corp. makes up approx 0.70% of A. D. Beadell Investment Counsel’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. was Downgraded by Stifel to ” Hold” on Feb 9, 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.

Leave a Reply

Tortoise Energy Infrastructure Corp. - Is it time to Sell?

Top Brokerage Firms are advising their investors on Tortoise Energy Infrastructure Corp.. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.