Quarry LP Buys Shares of 1,543 Tortoise Midstream Energy Fund, Inc. (NYSE:NTG)

Quarry LP purchased a new stake in shares of Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,543 shares of the investment management company’s stock, valued at approximately $73,000.

Several other hedge funds and other institutional investors have also made changes to their positions in NTG. Northwestern Mutual Wealth Management Co. boosted its position in Tortoise Midstream Energy Fund by 3,900.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,000 shares of the investment management company’s stock worth $43,000 after acquiring an additional 975 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Tortoise Midstream Energy Fund during the 2nd quarter worth about $216,000. Matisse Capital lifted its stake in shares of Tortoise Midstream Energy Fund by 7.0% in the 2nd quarter. Matisse Capital now owns 6,655 shares of the investment management company’s stock worth $286,000 after acquiring an additional 435 shares during the period. Moors & Cabot Inc. lifted its position in Tortoise Midstream Energy Fund by 13.3% in the second quarter. Moors & Cabot Inc. now owns 8,500 shares of the investment management company’s stock worth $365,000 after purchasing an additional 1,000 shares during the period. Finally, Calamos Advisors LLC boosted its stake in Tortoise Midstream Energy Fund by 33.7% during the 2nd quarter. Calamos Advisors LLC now owns 9,366 shares of the investment management company’s stock valued at $402,000 after purchasing an additional 2,360 shares in the last quarter.

Tortoise Midstream Energy Fund Stock Up 1.5 %

Shares of NTG stock opened at $57.17 on Monday. The stock has a 50-day simple moving average of $52.60 and a 200 day simple moving average of $46.52. Tortoise Midstream Energy Fund, Inc. has a fifty-two week low of $32.70 and a fifty-two week high of $59.45.

Tortoise Midstream Energy Fund Announces Dividend

The firm also recently disclosed a — dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, December 6th will be given a dividend of $0.53 per share. The ex-dividend date is Friday, December 6th. This represents a dividend yield of 5.5%. Tortoise Midstream Energy Fund’s dividend payout ratio (DPR) is -10,610.08%.

Tortoise Midstream Energy 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.