Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC decreased its holdings in shares of Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) by 21.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,523 shares of the investment management company’s stock after selling 4,576 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Tortoise Midstream Energy Fund were worth $574,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in NTG. Blue Bell Private Wealth Management LLC acquired a new position in shares of Tortoise Midstream Energy Fund during the 4th quarter valued at about $45,000. Asset Allocation Strategies LLC acquired a new position in Tortoise Midstream Energy Fund during the third quarter worth approximately $218,000. Wolverine Asset Management LLC raised its stake in Tortoise Midstream Energy Fund by 485.2% during the third quarter. Wolverine Asset Management LLC now owns 15,887 shares of the investment management company’s stock worth $543,000 after purchasing an additional 13,172 shares during the period. Financial Advocates Investment Management boosted its holdings in shares of Tortoise Midstream Energy Fund by 6.8% in the 3rd quarter. Financial Advocates Investment Management now owns 19,512 shares of the investment management company’s stock valued at $667,000 after purchasing an additional 1,244 shares during the last quarter. Finally, HighTower Advisors LLC purchased a new stake in shares of Tortoise Midstream Energy Fund during the 3rd quarter valued at $1,082,000.

Tortoise Midstream Energy Fund Stock Down 0.0 %

Shares of NTG opened at $38.96 on Friday. Tortoise Midstream Energy Fund, Inc. has a twelve month low of $31.25 and a twelve month high of $39.31. The stock’s fifty day simple moving average is $37.37 and its 200 day simple moving average is $35.39.

Tortoise Midstream Energy Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 22nd were paid a $0.77 dividend. This represents a $3.08 annualized dividend and a dividend yield of 7.91%. The ex-dividend date was Wednesday, February 21st. Tortoise Midstream Energy Fund’s dividend payout ratio is currently -10,341.47%.

About Tortoise Midstream Energy Fund

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.