Court Place Advisors LLC lowered its stake in shares of Tortoise MLP Fund, Inc. (NYSE:NTG) by 33.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,400 shares of the investment management company’s stock after selling 5,214 shares during the period. Court Place Advisors LLC’s holdings in Tortoise MLP Fund were worth $183,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of NTG. Stifel Financial Corp raised its stake in Tortoise MLP Fund by 7.0% during the second quarter. Stifel Financial Corp now owns 20,582 shares of the investment management company’s stock worth $392,000 after purchasing an additional 1,345 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Tortoise MLP Fund in the second quarter worth $442,000. Ameriprise Financial Inc. increased its position in shares of Tortoise MLP Fund by 3.4% in the second quarter. Ameriprise Financial Inc. now owns 42,077 shares of the investment management company’s stock worth $812,000 after acquiring an additional 1,377 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Tortoise MLP Fund by 19.1% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 60,356 shares of the investment management company’s stock worth $1,164,000 after acquiring an additional 9,691 shares in the last quarter. Finally, Sterling Capital Management LLC increased its position in shares of Tortoise MLP Fund by 12.9% in the third quarter. Sterling Capital Management LLC now owns 66,575 shares of the investment management company’s stock worth $1,206,000 after acquiring an additional 7,600 shares in the last quarter.

In other Tortoise MLP Fund news, major shareholder Prudential Financial Inc acquired 32,000,000 shares of the company’s stock in a transaction dated Wednesday, December 13th. The stock was bought at an average price of $26,562,500.00 per share, with a total value of $850,000,000,000,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders bought 32,003,250 shares of company stock valued at $850,000,000,052,530 in the last three months.

Tortoise MLP Fund, Inc. (NYSE NTG) traded down $0.36 during trading on Tuesday, hitting $20.00. 85,643 shares of the stock traded hands, compared to its average volume of 318,804. Tortoise MLP Fund, Inc. has a 52 week low of $14.91 and a 52 week high of $21.84.

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Tortoise MLP Fund Company Profile

Tortoise MLP Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of total return with an emphasis on current distributions. It invests primarily in master limited partnerships (MLPs) and their affiliates that own and operate a network of pipeline and energy-related logistical infrastructure assets.

Institutional Ownership by Quarter for Tortoise MLP Fund (NYSE:NTG)

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