Thomas J. Herzfeld Advisors Inc. Sells 15,942 Shares of ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Thomas J. Herzfeld Advisors Inc. lowered its holdings in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 17.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 73,828 shares of the investment management company’s stock after selling 15,942 shares during the period. ClearBridge Energy Midstream Opportunity Fund accounts for 1.3% of Thomas J. Herzfeld Advisors Inc.’s portfolio, making the stock its 26th largest position. Thomas J. Herzfeld Advisors Inc.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $3,542,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of EMO. Allworth Financial LP bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at about $29,000. Thompson Investment Management Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at approximately $32,000. Motco acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at approximately $42,000. PNC Financial Services Group Inc. bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 1st quarter worth approximately $139,000. Finally, Atria Wealth Solutions Inc. grew its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 7.7% during the 1st quarter. Atria Wealth Solutions Inc. now owns 5,218 shares of the investment management company’s stock worth $259,000 after purchasing an additional 371 shares in the last quarter.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

EMO opened at $45.93 on Friday. The stock’s 50 day simple moving average is $43.58 and its 200-day simple moving average is $45.76. ClearBridge Energy Midstream Opportunity Fund Inc has a 1 year low of $39.65 and a 1 year high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 9.4%.

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.