Eagle Bluffs Wealth Management LLC Purchases 63,588 Shares of Tortoise Energy Infrastructure Corporation $TYG

Eagle Bluffs Wealth Management LLC grew its position in shares of Tortoise Energy Infrastructure Corporation (NYSE:TYG) by 74.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,482 shares of the financial services provider’s stock after buying an additional 63,588 shares during the quarter. Tortoise Energy Infrastructure accounts for approximately 2.5% of Eagle Bluffs Wealth Management LLC’s holdings, making the stock its 12th largest position. Eagle Bluffs Wealth Management LLC owned approximately 1.39% of Tortoise Energy Infrastructure worth $6,114,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bard Associates Inc. lifted its holdings in shares of Tortoise Energy Infrastructure by 71.1% during the 4th quarter. Bard Associates Inc. now owns 195,725 shares of the financial services provider’s stock valued at $8,005,000 after buying an additional 81,306 shares during the period. Arete Wealth Advisors LLC lifted its holdings in shares of Tortoise Energy Infrastructure by 2.1% during the 4th quarter. Arete Wealth Advisors LLC now owns 133,730 shares of the financial services provider’s stock valued at $5,470,000 after buying an additional 2,794 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Tortoise Energy Infrastructure during the 4th quarter valued at $308,000. Meixler Investment Management Ltd. lifted its holdings in shares of Tortoise Energy Infrastructure by 3.6% during the 4th quarter. Meixler Investment Management Ltd. now owns 96,186 shares of the financial services provider’s stock valued at $3,934,000 after buying an additional 3,358 shares during the period. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Tortoise Energy Infrastructure by 42.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,000 shares of the financial services provider’s stock valued at $41,000 after buying an additional 300 shares during the period. 32.50% of the stock is owned by institutional investors.

Tortoise Energy Infrastructure Price Performance

NYSE TYG opened at $42.77 on Friday. Tortoise Energy Infrastructure Corporation has a 1-year low of $40.35 and a 1-year high of $51.18. The business’s fifty day moving average price is $46.43 and its 200-day moving average price is $45.70.

Tortoise Energy Infrastructure Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be paid a $0.475 dividend. This represents a c) annualized dividend and a dividend yield of 13.3%. The ex-dividend date is Monday, August 24th.

Tortoise Energy Infrastructure Profile

Tortoise Energy Infrastructure Corp. (NYSE: TYG) is a closed-end management investment company that focuses on investing in energy infrastructure companies. Organized as a business development company under the Investment Company Act of 1940, it primarily acquires and manages a diversified portfolio of debt and equity securities issued by publicly traded and private energy infrastructure businesses. The company seeks to generate current income and long-term capital appreciation through selective investments across the energy value chain.

The firm’s investment strategy emphasizes midstream infrastructure, including pipeline transportation, storage, processing facilities, and terminals.