Tortoise Energy Infrastructure Corp. (TYG) : Roble Belko Company Inc reduced its stake in Tortoise Energy Infrastructure Corp. by 15.06% during the most recent quarter end. The investment management company now holds a total of 176,488 shares of Tortoise Energy Infrastructure Corp. which is valued at $5,118,152 after selling 31,303 shares in Tortoise Energy Infrastructure Corp. , the firm said in a disclosure report filed with the SEC on May 9, 2016.Tortoise Energy Infrastructure Corp. makes up approximately 2.89% of Roble Belko Company Inc’s portfolio.
Other Hedge Funds, Including , Efficient Market Advisors sold out all of its stake in TYG during the most recent quarter. The investment firm sold 149 shares of TYG which is valued $4,449.
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 Funds 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 Funds investment adviser.