Kavar Capital Partners LLC lifted its position in shares of Tortoise Energy Infrastructure Corp. (NYSE:TYG) by 2.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 25,071 shares of the financial services provider’s stock after purchasing an additional 500 shares during the period. Kavar Capital Partners LLC’s holdings in Tortoise Energy Infrastructure were worth $589,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Sandy Spring Bank lifted its stake in Tortoise Energy Infrastructure by 311.5% in the 4th quarter. Sandy Spring Bank now owns 2,642 shares of the financial services provider’s stock worth $53,000 after purchasing an additional 2,000 shares in the last quarter. Resources Investment Advisors Inc. purchased a new stake in Tortoise Energy Infrastructure in the 4th quarter worth $64,000. Enterprise Financial Services Corp lifted its stake in Tortoise Energy Infrastructure by 27.8% in the 4th quarter. Enterprise Financial Services Corp now owns 6,057 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 1,319 shares in the last quarter. Belpointe Asset Management LLC purchased a new stake in Tortoise Energy Infrastructure in the 3rd quarter worth $130,000. Finally, Private Trust Co. NA lifted its stake in Tortoise Energy Infrastructure by 10.9% in the 4th quarter. Private Trust Co. NA now owns 10,880 shares of the financial services provider’s stock worth $216,000 after purchasing an additional 1,066 shares in the last quarter. Institutional investors and hedge funds own 29.06% of the company’s stock.
Shares of TYG stock opened at $23.38 on Monday. Tortoise Energy Infrastructure Corp. has a 52 week low of $18.36 and a 52 week high of $30.50.
TRADEMARK VIOLATION NOTICE: “Kavar Capital Partners LLC Has $589,000 Position in Tortoise Energy Infrastructure Corp. (TYG)” was published by Transcript Daily and is owned by of Transcript Daily. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://transcriptdaily.com/2019/04/29/kavar-capital-partners-llc-has-589000-position-in-tortoise-energy-infrastructure-corp-tyg.html.
Tortoise Energy Infrastructure 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.
Want to see what other hedge funds are holding TYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tortoise Energy Infrastructure Corp. (NYSE:TYG).
Receive News & Ratings for Tortoise Energy Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tortoise Energy Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.