Tortoise Energy Infrastructure Corporation (TYG) Position Trimmed by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust decreased its position in shares of Tortoise Energy Infrastructure Corporation (NYSE:TYG) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 161,544 shares of the financial services provider’s stock after selling 3,698 shares during the quarter. Tortoise Energy Infrastructure Corporation accounts for approximately 1.8% of Parkside Financial Bank & Trust’s investment portfolio, making the stock its 13th largest position. Parkside Financial Bank & Trust’s holdings in Tortoise Energy Infrastructure Corporation were worth $4,679,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TYG. Crescent Grove Advisors LLC bought a new stake in Tortoise Energy Infrastructure Corporation during the second quarter worth about $3,707,000. Uniplan Investment Counsel Inc. lifted its position in Tortoise Energy Infrastructure Corporation by 9.2% during the second quarter. Uniplan Investment Counsel Inc. now owns 929,294 shares of the financial services provider’s stock worth $28,241,000 after purchasing an additional 78,354 shares during the period. Amussen Hunsaker & Associates LLC bought a new stake in Tortoise Energy Infrastructure Corporation during the second quarter worth about $2,076,000. Garner Asset Management Corp bought a new stake in Tortoise Energy Infrastructure Corporation during the second quarter worth about $1,246,000. Finally, UMB Bank N A MO lifted its position in Tortoise Energy Infrastructure Corporation by 7.2% during the second quarter. UMB Bank N A MO now owns 535,566 shares of the financial services provider’s stock worth $16,276,000 after purchasing an additional 35,901 shares during the period. 30.28% of the stock is owned by institutional investors and hedge funds.

Tortoise Energy Infrastructure Corporation (NYSE:TYG) traded up 0.15% during midday trading on Monday, reaching $26.53. 116,994 shares of the company traded hands. The firm has a 50-day moving average price of $28.33 and a 200-day moving average price of $30.28. Tortoise Energy Infrastructure Corporation has a one year low of $25.19 and a one year high of $37.11.

In related news, major shareholder Prudential Financial Inc bought 25,000,000 shares of the business’s stock in a transaction on Monday, September 25th. The stock was acquired at an average price of $11,560,000.00 per share, for a total transaction of $289,000,000,000,000.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.33% of the stock is owned by company insiders.

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Tortoise Energy Infrastructure Corporation 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.

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

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