Tortoise North American Pipeline Fund (NYSEARCA:TPYP) Shares Unloaded Sen. John Boozman

Senator John Boozman (R-Arkansas) recently sold shares of Tortoise North American Pipeline Fund (NYSEARCA:TPYP). In a filing disclosed on October 18th, the Senator disclosed that they had sold between $15,001 and $50,000 in Tortoise North American Pipeline Fund stock on September 6th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on 10/9/2024.
• Sold $1,001 – $15,000 in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) on 10/6/2024.
• Sold $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 9/26/2024.
• Sold $1,001 – $15,000 in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) on 9/9/2024.
• Sold $1,001 – $15,000 in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) on 9/9/2024.
• Sold $1,001 – $15,000 in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) on 9/9/2024.
• Purchased $1,001 – $15,000 in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) on 9/6/2024.
• Purchased $1,001 – $15,000 in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) on 9/6/2024.
• Purchased $1,001 – $15,000 in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) on 9/6/2024.
• Purchased $1,001 – $15,000 in shares of iShares CMBS ETF (NYSEARCA:CMBS) on 9/6/2024.

Tortoise North American Pipeline Fund Price Performance

Shares of TPYP stock traded down $0.15 during mid-day trading on Wednesday, hitting $32.65. The company had a trading volume of 32,446 shares, compared to its average volume of 73,518. The stock’s 50 day moving average price is $31.55 and its 200-day moving average price is $29.64. Tortoise North American Pipeline Fund has a 52-week low of $24.14 and a 52-week high of $33.06. The company has a market capitalization of $633.41 million, a P/E ratio of 18.59 and a beta of 0.50.

Institutional Investors Weigh In On Tortoise North American Pipeline Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. purchased a new stake in Tortoise North American Pipeline Fund in the 2nd quarter valued at about $155,000. Battery Global Advisors LLC bought a new position in Tortoise North American Pipeline Fund in the second quarter worth approximately $1,972,000. Janney Montgomery Scott LLC increased its holdings in Tortoise North American Pipeline Fund by 34.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 108,328 shares of the company’s stock worth $3,029,000 after purchasing an additional 27,987 shares during the period. Finally, Edmonds Duncan Registered Investment Advisors LLC raised its position in Tortoise North American Pipeline Fund by 2.2% during the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 241,363 shares of the company’s stock valued at $6,749,000 after purchasing an additional 5,106 shares in the last quarter.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

About Tortoise North American Pipeline Fund

The Tortoise North American Pipeline Fund (TPYP) is an exchange-traded fund that is based on the Tortoise North American Pipeline index. The fund tracks an index of North American pipeline entities organized as MLPs, MLP affiliates, LLCs, and corporations. TPYP was launched on Jun 30, 2015 and is managed by Tortoise.