Tortoise Energy Independence Fund Inc (NDP) Stake Boosted by Raymond James & Associates

Raymond James & Associates grew its position in shares of Tortoise Energy Independence Fund Inc (NYSE:NDP) by 218.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,402 shares of the company’s stock after acquiring an additional 61,343 shares during the period. Raymond James & Associates owned about 0.61% of Tortoise Energy Independence Fund worth $1,128,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of NDP. LPL Financial LLC raised its stake in shares of Tortoise Energy Independence Fund by 137.7% during the first quarter. LPL Financial LLC now owns 24,253 shares of the company’s stock valued at $273,000 after acquiring an additional 14,048 shares during the last quarter. Private Advisor Group LLC bought a new position in shares of Tortoise Energy Independence Fund during the second quarter valued at about $471,000. Royal Bank of Canada raised its stake in shares of Tortoise Energy Independence Fund by 20.6% during the first quarter. Royal Bank of Canada now owns 45,048 shares of the company’s stock valued at $507,000 after acquiring an additional 7,700 shares during the last quarter. Finally, Guggenheim Capital LLC raised its stake in shares of Tortoise Energy Independence Fund by 8.2% during the first quarter. Guggenheim Capital LLC now owns 66,152 shares of the company’s stock valued at $744,000 after acquiring an additional 5,031 shares during the last quarter.

Shares of NYSE:NDP opened at $11.71 on Thursday. Tortoise Energy Independence Fund Inc has a 12 month low of $10.70 and a 12 month high of $14.48.

About Tortoise Energy Independence Fund

Tortoise Energy Independence Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC The fund invests in the public equity markets of the North American. It seeks to invest primarily in the energy sector. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio.

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Institutional Ownership by Quarter for Tortoise Energy Independence Fund (NYSE:NDP)

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