Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) Stock Price Up 1.7% – Here’s What Happened

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) shares were up 1.7% on Thursday . The stock traded as high as $12.33 and last traded at $12.33. Approximately 24,320 shares were traded during mid-day trading, a decline of 9% from the average daily volume of 26,862 shares. The stock had previously closed at $12.12.

Ecofin Sustainable and Social Impact Term Fund Trading Up 0.0 %

The business has a 50 day simple moving average of $12.31 and a two-hundred day simple moving average of $12.45.

Ecofin Sustainable and Social Impact Term Fund Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be paid a $0.09 dividend. The ex-dividend date is Friday, January 24th.

Institutional Investors Weigh In On Ecofin Sustainable and Social Impact Term Fund

A number of institutional investors have recently bought and sold shares of the stock. Brown Brothers Harriman & Co. acquired a new position in Ecofin Sustainable and Social Impact Term Fund in the second quarter valued at $51,000. Quarry LP raised its holdings in shares of Ecofin Sustainable and Social Impact Term Fund by 14.8% in the 3rd quarter. Quarry LP now owns 8,493 shares of the company’s stock worth $111,000 after purchasing an additional 1,093 shares during the period. Beckerman Institutional LLC acquired a new position in shares of Ecofin Sustainable and Social Impact Term Fund in the 3rd quarter valued at about $134,000. HighTower Advisors LLC purchased a new stake in shares of Ecofin Sustainable and Social Impact Term Fund during the 3rd quarter worth about $137,000. Finally, B. Riley Wealth Advisors Inc. increased its position in Ecofin Sustainable and Social Impact Term Fund by 8.7% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 13,109 shares of the company’s stock worth $151,000 after purchasing an additional 1,047 shares in the last quarter.

Ecofin Sustainable and Social Impact Term Fund Company Profile

Tortoise Essential Assets Income Term Fund is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors LLC It invests in equity and fixed income markets. The fund seeks to invest in securities of companies operating in the essential asset sectors, which includes education, housing, healthcare, social and human services, power, water, energy, infrastructure, basic materials, industrial, transportation and telecommunications sectors.