Tortoise MLP Fund Inc (NTG) Shares Sold by Allen Capital Group LLC

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Allen Capital Group LLC cut its position in shares of Tortoise MLP Fund Inc (NYSE:NTG) by 11.1% in the 3rd quarter, Holdings Channel reports. The fund owned 38,057 shares of the investment management company’s stock after selling 4,771 shares during the period. Allen Capital Group LLC’s holdings in Tortoise MLP Fund were worth $612,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Cahill Financial Advisors Inc. grew its stake in shares of Tortoise MLP Fund by 20.9% in the second quarter. Cahill Financial Advisors Inc. now owns 72,618 shares of the investment management company’s stock valued at $1,240,000 after buying an additional 12,567 shares in the last quarter. Sterling Capital Management LLC grew its stake in shares of Tortoise MLP Fund by 4.2% in the second quarter. Sterling Capital Management LLC now owns 81,375 shares of the investment management company’s stock valued at $1,389,000 after buying an additional 3,300 shares in the last quarter. Tocqueville Asset Management L.P. grew its stake in shares of Tortoise MLP Fund by 9.3% in the second quarter. Tocqueville Asset Management L.P. now owns 87,960 shares of the investment management company’s stock valued at $1,501,000 after buying an additional 7,500 shares in the last quarter. Oxbow Advisors LLC grew its stake in shares of Tortoise MLP Fund by 4.4% in the second quarter. Oxbow Advisors LLC now owns 657,864 shares of the investment management company’s stock valued at $11,230,000 after buying an additional 27,451 shares in the last quarter. Finally, Garner Asset Management Corp grew its stake in shares of Tortoise MLP Fund by 51.1% in the second quarter. Garner Asset Management Corp now owns 154,920 shares of the investment management company’s stock valued at $1,771,000 after buying an additional 52,360 shares in the last quarter.

In other Tortoise MLP Fund news, major shareholder Prudential Financial Inc purchased 48,000,000 shares of Tortoise MLP Fund stock in a transaction that occurred on Tuesday, October 16th. The stock was purchased at an average price of $8,375,000.00 per share, with a total value of $402,000,000,000,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NTG traded down $0.07 on Monday, reaching $15.60. The company’s stock had a trading volume of 10,508 shares, compared to its average volume of 300,633. Tortoise MLP Fund Inc has a 1 year low of $14.91 and a 1 year high of $21.09.

Tortoise MLP Fund Profile

Tortoise MLP Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC It invests in public equity markets. The fund primarily invests in equity securities of MLPs and their affiliates, with an emphasis on natural gas infrastructure Master Limited Partnerships.

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

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