AT Bancorp continued to hold its position in shares of Tortoise Energy Infrastructure Corporation (NYSE:TYG) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 12,999 shares of the financial services provider’s stock at the end of the second quarter. AT Bancorp’s holdings in Tortoise Energy Infrastructure Corporation were worth $395,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Chicago Partners Investment Group LLC boosted its position in shares of Tortoise Energy Infrastructure Corporation by 258.5% in the second quarter. Chicago Partners Investment Group LLC now owns 6,539 shares of the financial services provider’s stock valued at $200,000 after buying an additional 4,715 shares during the last quarter. Whitnell & Co. boosted its position in shares of Tortoise Energy Infrastructure Corporation by 0.4% in the second quarter. Whitnell & Co. now owns 242,935 shares of the financial services provider’s stock valued at $7,383,000 after buying an additional 1,078 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Tortoise Energy Infrastructure Corporation by 3.9% in the second quarter. Janney Montgomery Scott LLC now owns 27,425 shares of the financial services provider’s stock valued at $833,000 after buying an additional 1,023 shares during the last quarter. Private Bank & Trust Co. purchased a new position in shares of Tortoise Energy Infrastructure Corporation during the second quarter valued at about $414,000. Finally, BerganKDV Wealth Management LLC purchased a new position in shares of Tortoise Energy Infrastructure Corporation during the second quarter valued at about $207,000. Hedge funds and other institutional investors own 34.19% of the company’s stock.

Tortoise Energy Infrastructure Corporation (TYG) opened at 29.01 on Wednesday. The company’s 50-day moving average price is $29.90 and its 200 day moving average price is $32.52. Tortoise Energy Infrastructure Corporation has a 12 month low of $27.40 and a 12 month high of $37.11.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 24th will be paid a dividend of $0.655 per share. This represents a $2.62 annualized dividend and a yield of 9.03%. The ex-dividend date of this dividend is Tuesday, August 22nd.

TRADEMARK VIOLATION NOTICE: “Tortoise Energy Infrastructure Corporation (NYSE:TYG) Stake Maintained by AT Bancorp” was published by Daily Political and is the property of of Daily Political. If you are viewing this article on another site, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this article can be accessed at https://www.dailypolitical.com/2017/08/09/tortoise-energy-infrastructure-corporation-nysetyg-stake-maintained-by-at-bancorp.html.

Separately, Stifel Nicolaus upgraded Tortoise Energy Infrastructure Corporation from a “hold” rating to a “buy” rating and reduced their price objective for the stock from $35.00 to $34.00 in a research note on Wednesday, June 28th. They noted that the move was a valuation call.

Tortoise Energy Infrastructure Corporation Company Profile

Tortoise Energy Infrastructure Corporation (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with a focus on current distributions paid to stockholders. The Fund invests primarily in equity securities of master limited partnerships (MLPs) and their affiliates that transport, gather, process or store natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products.

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 Corporation (NYSE:TYG).

Institutional Ownership by Quarter for Tortoise Energy Infrastructure Corporation (NYSE:TYG)

Receive News & Ratings for Tortoise Energy Infrastructure Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tortoise Energy Infrastructure Corporation and related companies with MarketBeat.com's FREE daily email newsletter.