Tortoise MLP Fund Inc (NTG) Shares Sold by Mariner LLC

Mariner LLC decreased its holdings in Tortoise MLP Fund Inc (NYSE:NTG) by 4.5% in the first quarter, HoldingsChannel.com reports. The fund owned 410,141 shares of the investment management company’s stock after selling 19,287 shares during the period. Mariner LLC’s holdings in Tortoise MLP Fund were worth $6,551,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Oxbow Advisors LLC raised its holdings in Tortoise MLP Fund by 4.4% in the first quarter. Oxbow Advisors LLC now owns 630,413 shares of the investment management company’s stock worth $10,068,000 after purchasing an additional 26,488 shares in the last quarter. Crescent Grove Advisors LLC raised its holdings in Tortoise MLP Fund by 5.9% in the first quarter. Crescent Grove Advisors LLC now owns 431,773 shares of the investment management company’s stock worth $6,895,000 after purchasing an additional 23,915 shares in the last quarter. Mariner Wealth Advisors LLC raised its holdings in Tortoise MLP Fund by 15.0% in the fourth quarter. Mariner Wealth Advisors LLC now owns 429,428 shares of the investment management company’s stock worth $7,541,000 after purchasing an additional 56,048 shares in the last quarter. UBS Group AG raised its holdings in Tortoise MLP Fund by 5.2% in the first quarter. UBS Group AG now owns 369,154 shares of the investment management company’s stock worth $5,895,000 after purchasing an additional 18,186 shares in the last quarter. Finally, Guggenheim Capital LLC raised its holdings in Tortoise MLP Fund by 44.3% in the fourth quarter. Guggenheim Capital LLC now owns 298,507 shares of the investment management company’s stock worth $5,242,000 after purchasing an additional 91,709 shares in the last quarter.

Tortoise MLP Fund opened at $18.39 on Thursday, according to MarketBeat. Tortoise MLP Fund Inc has a 12-month low of $14.91 and a 12-month high of $21.09.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 31st. Shareholders of record on Thursday, May 24th were issued a $0.4225 dividend. The ex-dividend date of this dividend was Wednesday, May 23rd. This represents a $1.69 dividend on an annualized basis and a yield of 9.19%.

Tortoise MLP Fund Company Profile

Tortoise MLP Fund, Inc is a closed-end investment fund, which focuses on natural gas infrastructure master limited partnerships. It also owns and operates a network of pipeline and energy-related logistical infrastructure assets with an emphasis on those that transport, gather, process and store natural gas and natural gas liquids.

Want to see what other hedge funds are holding NTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tortoise MLP Fund Inc (NYSE:NTG).

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

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