Segall Bryant & Hamill LLC decreased its holdings in Tortoise Energy Infrastructure Corp. (NYSE:TYG) by 11.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 163,623 shares of the financial services provider’s stock after selling 20,734 shares during the period. Segall Bryant & Hamill LLC’s holdings in Tortoise Energy Infrastructure were worth $4,758,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TYG. American Financial Group Inc. raised its holdings in Tortoise Energy Infrastructure by 89.6% in the fourth quarter. American Financial Group Inc. now owns 471,683 shares of the financial services provider’s stock valued at $13,717,000 after buying an additional 222,967 shares during the period. Commerce Bank raised its holdings in Tortoise Energy Infrastructure by 139.7% in the fourth quarter. Commerce Bank now owns 373,460 shares of the financial services provider’s stock valued at $10,861,000 after buying an additional 217,676 shares during the period. Wealth Advisors of Tampa Bay LLC purchased a new position in Tortoise Energy Infrastructure in the fourth quarter valued at approximately $3,632,000. John G Ullman & Associates Inc. raised its holdings in Tortoise Energy Infrastructure by 309.8% in the fourth quarter. John G Ullman & Associates Inc. now owns 139,657 shares of the financial services provider’s stock valued at $4,061,000 after buying an additional 105,579 shares during the period. Finally, Luminus Management LLC purchased a new position in Tortoise Energy Infrastructure in the fourth quarter valued at approximately $2,682,000. Hedge funds and other institutional investors own 29.56% of the company’s stock.

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In other Tortoise Energy Infrastructure news, CEO P. Bradley Adams purchased 1,500 shares of the business’s stock in a transaction that occurred on Thursday, December 28th. The shares were purchased at an average price of $28.33 per share, for a total transaction of $42,495.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.33% of the company’s stock.

Tortoise Energy Infrastructure stock opened at $25.31 on Thursday. Tortoise Energy Infrastructure Corp. has a 1-year low of $24.24 and a 1-year high of $35.36.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 21st were issued a $0.655 dividend. The ex-dividend date was Tuesday, February 20th. This represents a $2.62 annualized dividend and a yield of 10.35%.

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Tortoise Energy Infrastructure 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.

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

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