Tortoise North American Pipeline Fund (NYSEARCA:TPYP)’s share price was down 0.3% during mid-day trading on Friday . The stock traded as low as $23.47 and last traded at $23.54, approximately 17,600 shares were traded during mid-day trading. A decline of 65% from the average daily volume of 50,566 shares. The stock had previously closed at $23.60.

The company’s 50-day simple moving average is $23.09 and its 200-day simple moving average is $23.65.

Hedge funds and other institutional investors have recently bought and sold shares of the business. United Capital Financial Advisers LLC purchased a new position in Tortoise North American Pipeline Fund during the 2nd quarter worth approximately $215,000. Bank of New York Mellon Corp purchased a new position in Tortoise North American Pipeline Fund during the 2nd quarter worth approximately $409,000. Quad Cities Investment Group LLC grew its position in Tortoise North American Pipeline Fund by 16.7% during the 2nd quarter. Quad Cities Investment Group LLC now owns 36,465 shares of the company’s stock worth $872,000 after purchasing an additional 5,220 shares in the last quarter. Next Capital Management LLC grew its position in Tortoise North American Pipeline Fund by 51.5% during the 2nd quarter. Next Capital Management LLC now owns 97,087 shares of the company’s stock worth $2,321,000 after purchasing an additional 33,010 shares in the last quarter. Finally, Evensky & Katz LLC purchased a new position in Tortoise North American Pipeline Fund during the 2nd quarter worth approximately $10,460,000.

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