Sen. John Boozman Sells Off Shares of Tortoise North American Pipeline Fund (NYSEARCA:TPYP)

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 Stock Performance

Shares of TPYP stock opened at $32.80 on Wednesday. Tortoise North American Pipeline Fund has a 52-week low of $24.14 and a 52-week high of $33.06. The stock has a market cap of $636.32 million, a price-to-earnings ratio of 18.59 and a beta of 0.50. The firm’s 50-day moving average is $31.55 and its 200-day moving average is $29.64.

Institutional Trading of Tortoise North American Pipeline Fund

Several institutional investors and hedge funds have recently bought and sold shares of TPYP. Brown Brothers Harriman & Co. bought a new stake in shares of Tortoise North American Pipeline Fund during the 2nd quarter worth about $155,000. Battery Global Advisors LLC acquired a new position in shares of Tortoise North American Pipeline Fund in the second quarter valued at approximately $1,972,000. Janney Montgomery Scott LLC increased its stake in shares of Tortoise North American Pipeline Fund by 34.8% during the first 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 increased its stake in shares of Tortoise North American Pipeline Fund by 2.2% during the first quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 241,363 shares of the company’s stock worth $6,749,000 after purchasing an additional 5,106 shares during the period.

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

Tortoise North American Pipeline Fund Company Profile

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.