Rockefeller Capital Management L.P. Increases Stock Position in Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP)

Rockefeller Capital Management L.P. lifted its holdings in Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) by 10.6% during the third quarter, Holdings Channel reports. The institutional investor owned 27,929 shares of the investment management company’s stock after acquiring an additional 2,683 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Tortoise Pipeline & Energy Fund were worth $1,179,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of TTP. Almitas Capital LLC boosted its stake in Tortoise Pipeline & Energy Fund by 0.7% during the second quarter. Almitas Capital LLC now owns 116,622 shares of the investment management company’s stock worth $4,219,000 after acquiring an additional 867 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its position in shares of Tortoise Pipeline & Energy Fund by 115.6% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 2,372 shares of the investment management company’s stock worth $86,000 after purchasing an additional 1,272 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Tortoise Pipeline & Energy Fund by 16.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 34,715 shares of the investment management company’s stock worth $1,465,000 after buying an additional 4,859 shares during the last quarter. D.A. Davidson & CO. increased its position in Tortoise Pipeline & Energy Fund by 30.4% during the 3rd quarter. D.A. Davidson & CO. now owns 22,327 shares of the investment management company’s stock valued at $942,000 after buying an additional 5,206 shares in the last quarter. Finally, Bayshore Asset Management LLC purchased a new position in Tortoise Pipeline & Energy Fund during the third quarter valued at $227,000.

Tortoise Pipeline & Energy Fund Price Performance

NYSE TTP opened at $50.39 on Monday. Tortoise Pipeline & Energy Fund, Inc. has a 12 month low of $26.43 and a 12 month high of $53.07. The stock’s fifty day moving average price is $46.98 and its 200-day moving average price is $40.92.

Tortoise Pipeline & Energy Fund Announces Dividend

The company also recently disclosed a — dividend, which will be paid on Friday, December 13th. Investors of record on Friday, December 6th will be given a dividend of $0.175 per share. This represents a yield of 4.6%. The ex-dividend date of this dividend is Friday, December 6th.

Tortoise Pipeline & Energy Fund Profile

Tortoise Pipeline & Energy Fund, Inc is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products.