Insider Purchases Boost TNGY ETF Holdings

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Insider buying activity is notable within the Tortoise Energy Fund (TNGY), with 11.4% of its weighted holdings experiencing insider purchases in the last six months. Among these, Phillips 66 (PSX), comprising 3.12% of TNGY, recorded transactions from three directors, amounting to a total investment of $15,461,090.

Recent insider purchases at PSX include: Michael A. Heim, who bought 1,000 shares at $125.97 each ($125,970 total) on July 30, 2025; Sigmund L. Cornelius, acquiring 500 shares at $123.55 each ($61,775 total) on July 31, 2025; and Gregory Hayes, who purchased 8,350 shares at $119.90 each ($1,001,165 total) on August 14, 2025.

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