15,010 Shares in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Acquired by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV acquired a new stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,010 shares of the investment management company’s stock, valued at approximately $633,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Robinson Capital Management LLC boosted its position in shares of ClearBridge Energy Midstream Opportunity Fund by 14.7% in the first quarter. Robinson Capital Management LLC now owns 15,600 shares of the investment management company’s stock valued at $637,000 after acquiring an additional 2,000 shares during the period. Alpine Global Management LLC boosted its holdings in ClearBridge Energy Midstream Opportunity Fund by 42.2% in the 1st quarter. Alpine Global Management LLC now owns 90,000 shares of the investment management company’s stock valued at $3,655,000 after purchasing an additional 26,700 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in ClearBridge Energy Midstream Opportunity Fund by 60.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 21,044 shares of the investment management company’s stock valued at $867,000 after purchasing an additional 7,954 shares during the period. Edgemoor Investment Advisors Inc. acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter worth approximately $1,861,000. Finally, Sanctuary Advisors LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter worth approximately $1,670,000.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.3 %

Shares of EMO stock opened at $46.60 on Thursday. ClearBridge Energy Midstream Opportunity Fund Inc has a 1 year low of $32.17 and a 1 year high of $47.40. The stock has a 50 day simple moving average of $42.94 and a 200 day simple moving average of $41.69.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $3.96 dividend on an annualized basis and a dividend yield of 8.50%.

Insider Activity

In related news, insider Franklin Resources Inc sold 7,900 shares of the firm’s stock in a transaction on Friday, October 18th. The stock was sold at an average price of $43.71, for a total value of $345,309.00. Following the transaction, the insider now owns 36,519 shares in the company, valued at approximately $1,596,245.49. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders sold 24,024 shares of company stock worth $1,051,375.

ClearBridge Energy Midstream Opportunity Fund Company Profile

ClearBridge Energy MLP Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by ClearBridge Investments, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector.