65,354 Shares in Tortoise MLP Fund Inc (NTG) Purchased by Ballentine Partners LLC

Ballentine Partners LLC bought a new position in shares of Tortoise MLP Fund Inc (NYSE:NTG) during the third quarter, HoldingsChannel.com reports. The firm bought 65,354 shares of the investment management company’s stock, valued at approximately $1,051,000.

Other large investors have also recently added to or reduced their stakes in the company. Sageworth Trust Co bought a new position in Tortoise MLP Fund during the 3rd quarter worth approximately $161,000. CIBC World Markets Inc. bought a new position in Tortoise MLP Fund during the 1st quarter worth approximately $378,000. Cahill Financial Advisors Inc. lifted its holdings in Tortoise MLP Fund by 20.9% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 72,618 shares of the investment management company’s stock worth $1,240,000 after buying an additional 12,567 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in Tortoise MLP Fund by 4.2% during the 2nd quarter. Sterling Capital Management LLC now owns 81,375 shares of the investment management company’s stock worth $1,389,000 after buying an additional 3,300 shares during the last quarter. Finally, Tocqueville Asset Management L.P. lifted its holdings in Tortoise MLP Fund by 9.3% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 87,960 shares of the investment management company’s stock worth $1,501,000 after buying an additional 7,500 shares during the last quarter.

In other news, major shareholder Prudential Financial Inc bought 48,000,000 shares of Tortoise MLP Fund stock in a transaction on Tuesday, October 16th. The shares were bought 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 document filed with the SEC, which can be accessed through this hyperlink.

NYSE:NTG opened at $14.19 on Wednesday. Tortoise MLP Fund Inc has a 52 week low of $14.06 and a 52 week high of $21.09.

Tortoise MLP Fund Company 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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