Uhlmann Price Securities LLC Cuts Stock Position in Tortoise Power and Energy Infrastructure Fund, Inc. $TPZ

Uhlmann Price Securities LLC lowered its stake in shares of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) by 33.6% during the second quarter, Holdings Channel reports. The fund owned 53,711 shares of the investment management company’s stock after selling 27,214 shares during the quarter. Tortoise Power and Energy Infrastructure Fund comprises 0.8% of Uhlmann Price Securities LLC’s portfolio, making the stock its 28th biggest holding. Uhlmann Price Securities LLC’s holdings in Tortoise Power and Energy Infrastructure Fund were worth $1,101,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TPZ. Private Trust Co. NA lifted its position in Tortoise Power and Energy Infrastructure Fund by 50.0% during the first quarter. Private Trust Co. NA now owns 3,000 shares of the investment management company’s stock worth $62,000 after buying an additional 1,000 shares during the period. Advisors Asset Management Inc. raised its holdings in shares of Tortoise Power and Energy Infrastructure Fund by 0.6% during the 1st quarter. Advisors Asset Management Inc. now owns 122,686 shares of the investment management company’s stock valued at $2,533,000 after buying an additional 731 shares during the period. Finally, D.A. Davidson & CO. raised its holdings in shares of Tortoise Power and Energy Infrastructure Fund by 14.6% during the 1st quarter. D.A. Davidson & CO. now owns 124,168 shares of the investment management company’s stock valued at $2,564,000 after buying an additional 15,860 shares during the period.

Tortoise Power and Energy Infrastructure Fund Stock Performance

Shares of NYSE TPZ opened at $21.28 on Monday. The business has a 50 day moving average price of $20.88 and a two-hundred day moving average price of $20.26. Tortoise Power and Energy Infrastructure Fund, Inc. has a fifty-two week low of $17.50 and a fifty-two week high of $22.30.

About Tortoise Power and Energy Infrastructure Fund

Tortoise Power and Energy Infrastructure Fund, Inc is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors.