WJ Financial Advisors LLC Takes $1.03 Million Position in Tortoise Energy Infrastructure Corporation $TYG

WJ Financial Advisors LLC acquired a new position in shares of Tortoise Energy Infrastructure Corporation (NYSE:TYG) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 24,001 shares of the financial services provider’s stock, valued at approximately $1,034,000. Tortoise Energy Infrastructure makes up 1.0% of WJ Financial Advisors LLC’s investment portfolio, making the stock its 27th largest holding. WJ Financial Advisors LLC owned 0.22% of Tortoise Energy Infrastructure at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in TYG. Samalin Investment Counsel LLC raised its position in Tortoise Energy Infrastructure by 2.0% during the third quarter. Samalin Investment Counsel LLC now owns 13,338 shares of the financial services provider’s stock worth $575,000 after acquiring an additional 258 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in shares of Tortoise Energy Infrastructure by 5.1% in the 2nd quarter. Benjamin Edwards Inc. now owns 7,295 shares of the financial services provider’s stock valued at $320,000 after purchasing an additional 355 shares during the period. Cary Street Partners Financial LLC lifted its stake in Tortoise Energy Infrastructure by 7.7% in the 2nd quarter. Cary Street Partners Financial LLC now owns 6,970 shares of the financial services provider’s stock valued at $306,000 after purchasing an additional 500 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Tortoise Energy Infrastructure by 9.6% during the first quarter. NewEdge Advisors LLC now owns 5,723 shares of the financial services provider’s stock worth $246,000 after purchasing an additional 500 shares during the period. Finally, D.A. Davidson & CO. increased its position in Tortoise Energy Infrastructure by 4.2% during the third quarter. D.A. Davidson & CO. now owns 14,553 shares of the financial services provider’s stock worth $627,000 after buying an additional 585 shares during the last quarter. 32.50% of the stock is owned by institutional investors.

Tortoise Energy Infrastructure Stock Up 1.3%

TYG opened at $47.38 on Friday. Tortoise Energy Infrastructure Corporation has a 12-month low of $33.73 and a 12-month high of $47.55. The business has a 50 day moving average of $43.10 and a 200-day moving average of $43.05.

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.