Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) to Issue Dividend of $0.09

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) announced a dividend on Thursday, August 10th, NASDAQ reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.09 per share on Friday, September 29th. The ex-dividend date of this dividend is Thursday, September 21st.

Ecofin Sustainable and Social Impact Term Fund Stock Down 0.2 %

TEAF stock traded down $0.03 on Tuesday, hitting $12.44. 16,513 shares of the company’s stock were exchanged, compared to its average volume of 30,386. The firm has a 50 day moving average price of $12.66 and a two-hundred day moving average price of $12.70. Ecofin Sustainable and Social Impact Term Fund has a 12-month low of $12.19 and a 12-month high of $14.50.

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

Large investors have recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Ecofin Sustainable and Social Impact Term Fund in the 1st quarter valued at approximately $1,323,000. Bank of America Corp DE raised its holdings in shares of Ecofin Sustainable and Social Impact Term Fund by 23.4% in the first quarter. Bank of America Corp DE now owns 307,786 shares of the company’s stock worth $3,992,000 after buying an additional 58,405 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Ecofin Sustainable and Social Impact Term Fund by 675.5% during the first quarter. Advisors Asset Management Inc. now owns 60,309 shares of the company’s stock worth $911,000 after buying an additional 52,532 shares during the period. Sowell Financial Services LLC purchased a new stake in shares of Ecofin Sustainable and Social Impact Term Fund during the second quarter valued at $237,000. Finally, Logan Stone Capital LLC acquired a new position in shares of Ecofin Sustainable and Social Impact Term Fund in the 4th quarter valued at $219,000.

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.