Senator John Boozman Sells Shares in Tortoise North American Pipeline Fund
Senator John Boozman (Republican-Arkansas) recently sold shares of Tortoise North American Pipeline Fund (NYSE: TPYP). A filing on July 13th disclosed that the Senator sold between $1,001 and $15,000 worth of TPYP stock on June 25th. This transaction occurred as the stock experienced a slight downturn, trading down $0.20 to $43.48 on Wednesday, with a trading volume of 11,977 shares, which is lower than its average volume of 83,466 shares. The Tortoise North American Pipeline Fund is an exchange-traded fund that tracks an index of North American pipeline entities, including MLPs, MLP affiliates, LLCs, and corporations. The fund was launched on June 30, 2015, and is managed by Tortoise. Senator Boozman, who assumed office on January 3, 2011, and whose current term ends on January 3, 2029, has a history in both the U.S. House and as an optometrist prior to his Senate career.