Tortoise Energy Infrastructure Co. (NYSE:TYG) Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. raised its position in Tortoise Energy Infrastructure Co. (NYSE:TYG - Free Report) by 12.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 251,075 shares of the financial services provider's stock after purchasing an additional 28,661 shares during the quarter. Advisors Asset Management Inc. owned 2.33% of Tortoise Energy Infrastructure worth $9,855,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC lifted its stake in Tortoise Energy Infrastructure by 27.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 2,934 shares of the financial services provider's stock worth $102,000 after acquiring an additional 640 shares in the last quarter. Carmichael Hill & Associates Inc. lifted its position in shares of Tortoise Energy Infrastructure by 9.4% during the second quarter. Carmichael Hill & Associates Inc. now owns 7,931 shares of the financial services provider's stock worth $277,000 after purchasing an additional 682 shares in the last quarter. Eagle Bluffs Wealth Management LLC boosted its stake in shares of Tortoise Energy Infrastructure by 0.8% in the third quarter. Eagle Bluffs Wealth Management LLC now owns 105,903 shares of the financial services provider's stock valued at $4,157,000 after purchasing an additional 865 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Tortoise Energy Infrastructure by 7.9% in the third quarter. Janney Montgomery Scott LLC now owns 22,708 shares of the financial services provider's stock valued at $891,000 after purchasing an additional 1,660 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Tortoise Energy Infrastructure during the 3rd quarter worth approximately $82,000. 32.50% of the stock is currently owned by institutional investors and hedge funds.

Tortoise Energy Infrastructure Stock Performance

Shares of NYSE:TYG traded up $0.98 during trading on Thursday, hitting $45.21. The company's stock had a trading volume of 57,894 shares, compared to its average volume of 38,447. Tortoise Energy Infrastructure Co. has a fifty-two week low of $27.44 and a fifty-two week high of $45.34. The business has a 50 day moving average price of $40.43 and a two-hundred day moving average price of $36.66.

Tortoise Energy Infrastructure Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $3.12 annualized dividend and a yield of 6.90%.

Tortoise Energy Infrastructure Company Profile

Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities.