De Lisle Partners LLP raised its position in Tortoise Energy Infrastructure Co. (NYSE:TYG - Free Report) by 42.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,093 shares of the financial services provider's stock after buying an additional 19,644 shares during the period. De Lisle Partners LLP owned 0.61% of Tortoise Energy Infrastructure worth $2,593,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in shares of Tortoise Energy Infrastructure by 679.7% in the 3rd quarter. Raymond James & Associates now owns 75,830 shares of the financial services provider's stock worth $2,976,000 after acquiring an additional 66,104 shares in the last quarter. Almitas Capital LLC raised its position in Tortoise Energy Infrastructure by 157.6% in the 2nd quarter. Almitas Capital LLC now owns 25,457 shares of the financial services provider's stock valued at $888,000 after purchasing an additional 15,576 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Tortoise Energy Infrastructure by 604.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 76,567 shares of the financial services provider's stock worth $3,005,000 after purchasing an additional 65,695 shares in the last quarter. Bayshore Asset Management LLC bought a new stake in shares of Tortoise Energy Infrastructure during the third quarter worth $688,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Tortoise Energy Infrastructure in the second quarter valued at $469,000. 32.50% of the stock is owned by institutional investors.
Tortoise Energy Infrastructure Stock Performance
Shares of Tortoise Energy Infrastructure stock traded up $0.72 during trading on Thursday, reaching $45.46. The company's stock had a trading volume of 24,513 shares, compared to its average volume of 38,329. Tortoise Energy Infrastructure Co. has a one year low of $27.44 and a one year high of $45.53. The stock has a 50-day moving average price of $41.21 and a two-hundred day moving average price of $37.09.
Tortoise Energy Infrastructure Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.78 per share. The ex-dividend date is Friday, November 22nd. This represents a $3.12 dividend on an annualized basis and a dividend yield of 6.86%.
Tortoise Energy Infrastructure Profile
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Free Report)
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.
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