Thomas J. Herzfeld Advisors Inc. Increases Stock Position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Thomas J. Herzfeld Advisors Inc. boosted its position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 30.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 105,647 shares of the investment management company’s stock after purchasing an additional 24,616 shares during the quarter. ClearBridge Energy Midstream Opportunity Fund makes up approximately 1.6% of Thomas J. Herzfeld Advisors Inc.’s investment portfolio, making the stock its 18th largest holding. Thomas J. Herzfeld Advisors Inc.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $4,917,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter worth about $1,030,000. Janney Montgomery Scott LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth about $220,000. Atria Wealth Solutions Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $226,000. JPMorgan Chase & Co. lifted its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 512.6% in the third quarter. JPMorgan Chase & Co. now owns 12,705 shares of the investment management company’s stock worth $536,000 after buying an additional 10,631 shares in the last quarter. Finally, Stephens Inc. AR acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth approximately $204,000.

Insider Activity

In other news, insider Franklin Resources Inc sold 9,704 shares of ClearBridge Energy Midstream Opportunity Fund stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $47.06, for a total transaction of $456,670.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

ClearBridge Energy Midstream Opportunity Fund Trading Up 0.5 %

EMO opened at $49.56 on Tuesday. The business’s 50 day moving average price is $49.18 and its 200 day moving average price is $46.86. ClearBridge Energy Midstream Opportunity Fund Inc has a one year low of $36.71 and a one year high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.36 per share. This represents a dividend yield of 8.69%. The ex-dividend date is Monday, March 24th.

About ClearBridge Energy Midstream Opportunity Fund

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.