Amussen Hunsaker & Associates LLC Buys Shares of 68,324 Tortoise Energy Infrastructure Corporation (TYG)

Amussen Hunsaker & Associates LLC bought a new stake in Tortoise Energy Infrastructure Corporation (NYSE:TYG) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 68,324 shares of the financial services provider’s stock, valued at approximately $2,076,000. Tortoise Energy Infrastructure Corporation comprises about 2.3% of Amussen Hunsaker & Associates LLC’s holdings, making the stock its 13th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Private Advisor Group LLC grew its position in shares of Tortoise Energy Infrastructure Corporation by 0.3% in the 2nd quarter. Private Advisor Group LLC now owns 8,141 shares of the financial services provider’s stock valued at $242,000 after buying an additional 23 shares during the last quarter. Stephens Inc. AR grew its position in shares of Tortoise Energy Infrastructure Corporation by 2.9% in the 2nd quarter. Stephens Inc. AR now owns 26,531 shares of the financial services provider’s stock valued at $806,000 after buying an additional 749 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Tortoise Energy Infrastructure Corporation by 3.9% in the 2nd 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. Whitnell & Co. grew its position in shares of Tortoise Energy Infrastructure Corporation by 0.4% in the 2nd 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. Finally, Boulegeris Investments Inc. grew its position in shares of Tortoise Energy Infrastructure Corporation by 0.9% in the 2nd quarter. Boulegeris Investments Inc. now owns 127,636 shares of the financial services provider’s stock valued at $3,879,000 after buying an additional 1,086 shares during the last quarter. 30.45% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Tortoise Energy Infrastructure Corporation (NYSE:TYG) traded down 2.17% on Friday, reaching $28.37. 119,170 shares of the company’s stock traded hands. The company has a 50 day moving average of $28.68 and a 200-day moving average of $30.85. Tortoise Energy Infrastructure Corporation has a 52 week low of $26.93 and a 52 week high of $37.11.

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In other Tortoise Energy Infrastructure Corporation news, major shareholder Prudential Financial Inc bought 25,000,000 shares of the stock in a transaction on Monday, September 25th. The stock was purchased at an average price of $11,560,000.00 per share, for a total transaction of $289,000,000,000,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.33% of the stock is owned by insiders.

Separately, Stifel Nicolaus raised shares of Tortoise Energy Infrastructure Corporation from a “hold” rating to a “buy” rating and dropped their target price for the company from $35.00 to $34.00 in a research report on Wednesday, June 28th. They noted that the move was a valuation call.

About Tortoise Energy Infrastructure Corporation

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 Corporation (NYSE:TYG)

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