Arete Wealth Advisors buys $2,831,573 stake in Tortoise MLP Fund (NTG)

Tortoise MLP Fund (NTG) : Arete Wealth Advisors scooped up 14,612 additional shares in Tortoise MLP Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 146,108 shares of Tortoise MLP Fund which is valued at $2,831,573.Tortoise MLP Fund makes up approximately 1.67% of Arete Wealth Advisors’s portfolio.

Other Hedge Funds, Including , Horizon Kinetics added NTG to its portfolio by purchasing 109,004 company shares during the most recent quarter which is valued at $2,112,498. Tortoise MLP Fund makes up approx 0.05% of Horizon Kinetics’s portfolio.Hightower Advisors reduced its stake in NTG by selling 141 shares or 0.95% in the most recent quarter. The Hedge Fund company now holds 14,705 shares of NTG which is valued at $284,983. Baird Financial Group sold out all of its stake in NTG during the most recent quarter. The investment firm sold 12,863 shares of NTG which is valued $249,285.Financial Counselors Inc boosted its stake in NTG in the latest quarter, The investment management firm added 8,937 additional shares and now holds a total of 26,506 shares of Tortoise MLP Fund which is valued at $502,819. Tortoise MLP Fund makes up approx 0.03% of Financial Counselors Inc’s portfolio.Oppenheimer Co Inc boosted its stake in NTG in the latest quarter, The investment management firm added 43,370 additional shares and now holds a total of 333,171 shares of Tortoise MLP Fund which is valued at $6,320,254. Tortoise MLP Fund makes up approx 0.18% of Oppenheimer Co Inc’s portfolio.

Tortoise MLP Fund Inc. is a non-diversified closed-end management investment fund. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions. It focuses primarily on midstream energy infrastructure master limited partnerships (MLPs) that engage in the business of transporting gathering and processing and storing natural gas and natural gas liquids (NGLs). The Fund invests at least 80% of total assets in equity securities of MLPs in the energy infrastructure sector with at least 50% of its total assets in equity securities of natural gas infrastructure MLPs. It will not invest more than 10% of its total assets in any single issuer or engage in short sales. The Fund’s portfolio includes natural gas/natural gas liquids pipelines natural gas gathering/processing and crude/refined products pipelines. Tortoise Capital Advisors L.L.C. is an investment adviser to the Fund.

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