TORTOISE PIPELI/COM (TTP) Stake Increased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. increased its holdings in shares of TORTOISE PIPELI/COM (NYSE:TTP) by 23.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 46,570 shares of the investment management company’s stock after purchasing an additional 8,824 shares during the period. Oppenheimer & Co. Inc.’s holdings in TORTOISE PIPELI/COM were worth $708,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE lifted its position in shares of TORTOISE PIPELI/COM by 20.3% during the 4th quarter. Bank of America Corp DE now owns 17,162 shares of the investment management company’s stock worth $213,000 after purchasing an additional 2,896 shares during the last quarter. Selective Wealth Management Inc. acquired a new position in shares of TORTOISE PIPELI/COM during the 1st quarter worth about $271,000. Advisor Group Inc. lifted its position in shares of TORTOISE PIPELI/COM by 352.2% during the 4th quarter. Advisor Group Inc. now owns 23,513 shares of the investment management company’s stock worth $291,000 after purchasing an additional 18,313 shares during the last quarter. Two Sigma Securities LLC acquired a new position in shares of TORTOISE PIPELI/COM during the 4th quarter worth about $256,000. Finally, Morgan Stanley lifted its position in shares of TORTOISE PIPELI/COM by 11.1% during the 3rd quarter. Morgan Stanley now owns 264,854 shares of the investment management company’s stock worth $4,582,000 after purchasing an additional 26,368 shares during the last quarter.

NYSE TTP opened at $14.95 on Friday. TORTOISE PIPELI/COM has a twelve month low of $11.34 and a twelve month high of $19.40.

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TORTOISE PIPELI/COM Company 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.

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Institutional Ownership by Quarter for TORTOISE PIPELI/COM (NYSE:TTP)

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