Tortoise Energy Infrastructure Corp. (TYG) : St. Louis Trust Co reduced its stake in Tortoise Energy Infrastructure Corp. by 64.41% during the most recent quarter end. The investment management company now holds a total of 15,827 shares of Tortoise Energy Infrastructure Corp. which is valued at $458,983 after selling 28,640 shares in Tortoise Energy Infrastructure Corp. , the firm said in a disclosure report filed with the SEC on May 11, 2016.Tortoise Energy Infrastructure Corp. makes up approximately 0.25% of St. Louis Trust Co’s portfolio.
Other Hedge Funds, Including , Caprock Group reduced its stake in TYG by selling 1,728 shares or 5.55% in the most recent quarter. The Hedge Fund company now holds 29,427 shares of TYG which is valued at $853,383. Tortoise Energy Infrastructure Corp. makes up approx 0.20% of Caprock Group’s portfolio.Stephens Inc Ar boosted its stake in TYG in the latest quarter, The investment management firm added 5,232 additional shares and now holds a total of 26,849 shares of Tortoise Energy Infrastructure Corp. which is valued at $757,410. Tortoise Energy Infrastructure Corp. makes up approx 0.04% of Stephens Inc Ar’s portfolio. Investment House added TYG to its portfolio by purchasing 23,185 company shares during the most recent quarter which is valued at $654,049. Tortoise Energy Infrastructure Corp. makes up approx 0.11% of Investment House’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 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.