Tortoise Investment Management, LLC Buys Invesco Taxable Municipal Bond ETF, Aberdeen Asia-pacific Income Fund Inc, SPDR INDEX SHS FDS, Sells SSGA ACTIVE ETF TR, UnitedHealth Group Inc, iShares MSCI EAFE Small-Cap ETF

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Aug 06, 2020
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White Plains, NY, based Investment company Tortoise Investment Management, LLC (Current Portfolio) buys Invesco Taxable Municipal Bond ETF, Aberdeen Asia-pacific Income Fund Inc, SPDR INDEX SHS FDS, VanEck Vectors High Yield Municipal Index, VANGUARD INDEX FDS, sells SSGA ACTIVE ETF TR, UnitedHealth Group Inc, iShares MSCI EAFE Small-Cap ETF, BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, ISHARES TRUST during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Tortoise Investment Management, LLC. As of 2020Q2, Tortoise Investment Management, LLC owns 493 stocks with a total value of $351 million. These are the details of the buys and sells.

For the details of Tortoise Investment Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/tortoise+investment+management%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of Tortoise Investment Management, LLC
  1. ISHARES TRUST (IVV) - 192,853 shares, 17.00% of the total portfolio. Shares reduced by 4.31%
  2. iShares MBS ETF (MBB) - 233,957 shares, 7.37% of the total portfolio. Shares added by 10.67%
  3. SPDR S&P500 ETF TR (SPY) - 49,328 shares, 4.33% of the total portfolio. Shares reduced by 0.96%
  4. ISHARES INC (IEMG) - 313,482 shares, 4.25% of the total portfolio. Shares added by 1.22%
  5. Invesco Taxable Municipal Bond ETF (BAB) - 351,577 shares, 3.29% of the total portfolio. Shares added by 178.62%
New Purchase: VanEck Vectors High Yield Municipal Index (HYD)

Tortoise Investment Management, LLC initiated holding in VanEck Vectors High Yield Municipal Index. The purchase prices were between $50.22 and $59.09, with an estimated average price of $55.88. The stock is now traded at around $60.50. The impact to a portfolio due to this purchase was 0.3%. The holding were 17,799 shares as of .

New Purchase: PIMCO ETF TRUST (MUNI)

Tortoise Investment Management, LLC initiated holding in PIMCO ETF TRUST. The purchase prices were between $53.21 and $55.79, with an estimated average price of $54.86. The stock is now traded at around $56.61. The impact to a portfolio due to this purchase was 0.08%. The holding were 4,910 shares as of .

New Purchase: SPDR SERIES TRUST (SPYX)

Tortoise Investment Management, LLC initiated holding in SPDR SERIES TRUST. The purchase prices were between $60.99 and $79.69, with an estimated average price of $72.17. The stock is now traded at around $82.78. The impact to a portfolio due to this purchase was 0.08%. The holding were 3,655 shares as of .

New Purchase: Cardiff Oncology Inc (XE7C)

Tortoise Investment Management, LLC initiated holding in Cardiff Oncology Inc. The purchase prices were between $0.72 and $4.52, with an estimated average price of $1.76. The stock is now traded at around $5.55. The impact to a portfolio due to this purchase was 0.04%. The holding were 25,000 shares as of .

New Purchase: iShares Currency Hedged MSCI EAFE (HEFA)

Tortoise Investment Management, LLC initiated holding in iShares Currency Hedged MSCI EAFE. The purchase prices were between $22.88 and $28.35, with an estimated average price of $25.8. The stock is now traded at around $27.36. The impact to a portfolio due to this purchase was 0.04%. The holding were 4,767 shares as of .

New Purchase: ISHARES INC (EEMS)

Tortoise Investment Management, LLC initiated holding in ISHARES INC. The purchase prices were between $30 and $40.14, with an estimated average price of $35.58. The stock is now traded at around $43.94. The impact to a portfolio due to this purchase was 0.03%. The holding were 2,527 shares as of .

Added: Invesco Taxable Municipal Bond ETF (BAB)

Tortoise Investment Management, LLC added to a holding in Invesco Taxable Municipal Bond ETF by 178.62%. The purchase prices were between $29.56 and $32.96, with an estimated average price of $31.61. The stock is now traded at around $33.70. The impact to a portfolio due to this purchase was 2.11%. The holding were 351,577 shares as of .

Added: Aberdeen Asia-pacific Income Fund Inc (FAX)

Tortoise Investment Management, LLC added to a holding in Aberdeen Asia-pacific Income Fund Inc by 91.88%. The purchase prices were between $3.3 and $3.83, with an estimated average price of $3.57. The stock is now traded at around $4.10. The impact to a portfolio due to this purchase was 0.38%. The holding were 730,009 shares as of .

Added: SPDR INDEX SHS FDS (SPEM)

Tortoise Investment Management, LLC added to a holding in SPDR INDEX SHS FDS by 66.39%. The purchase prices were between $27.38 and $34.3, with an estimated average price of $31.2. The stock is now traded at around $37.08. The impact to a portfolio due to this purchase was 0.36%. The holding were 95,297 shares as of .

Added: VANGUARD INDEX FDS (VBR)

Tortoise Investment Management, LLC added to a holding in VANGUARD INDEX FDS by 30.30%. The purchase prices were between $81.16 and $120.46, with an estimated average price of $100.14. The stock is now traded at around $113.90. The impact to a portfolio due to this purchase was 0.23%. The holding were 31,726 shares as of .

Added: Invesco National AMT-Free Municipal Bond ETF (PZA)

Tortoise Investment Management, LLC added to a holding in Invesco National AMT-Free Municipal Bond ETF by 77.82%. The purchase prices were between $24.84 and $26.61, with an estimated average price of $26.05. The stock is now traded at around $27.11. The impact to a portfolio due to this purchase was 0.21%. The holding were 61,855 shares as of .

Added: SCHWAB STRATEGIC T (SCHP)

Tortoise Investment Management, LLC added to a holding in SCHWAB STRATEGIC T by 28.35%. The purchase prices were between $57.51 and $60.12, with an estimated average price of $59.22. The stock is now traded at around $61.71. The impact to a portfolio due to this purchase was 0.16%. The holding were 41,694 shares as of .

Sold Out: BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND (MNE)

Tortoise Investment Management, LLC sold out a holding in BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND. The sale prices were between $13.59 and $14.71, with an estimated average price of $14.45.

Sold Out: Nuveen Credit Strategies Income Fund (JQC)

Tortoise Investment Management, LLC sold out a holding in Nuveen Credit Strategies Income Fund. The sale prices were between $5.41 and $6.33, with an estimated average price of $5.9.

Sold Out: Starwood Property Trust Inc (STWD)

Tortoise Investment Management, LLC sold out a holding in Starwood Property Trust Inc. The sale prices were between $9.28 and $17.31, with an estimated average price of $13.41.

Sold Out: Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

Tortoise Investment Management, LLC sold out a holding in Vanguard Intermediate-Term Corporate Bond ETF. The sale prices were between $86.24 and $95.36, with an estimated average price of $91.91.

Sold Out: M&T Bank Corp (MTB)

Tortoise Investment Management, LLC sold out a holding in M&T Bank Corp. The sale prices were between $89.12 and $127.4, with an estimated average price of $105.57.

Sold Out: Invitae Corp (NVTA)

Tortoise Investment Management, LLC sold out a holding in Invitae Corp. The sale prices were between $11.71 and $30.29, with an estimated average price of $17.33.



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