Closed End Fund Advisors Inc. Purchases New Shares in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Closed End Fund Advisors Inc. purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 23,302 shares of the investment management company’s stock, valued at approximately $1,040,000.

A number of other hedge funds also recently bought and sold shares of EMO. Nomura Holdings Inc. purchased a new stake in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at $7,085,000. Penserra Capital Management LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at $5,844,000. Absolute Investment Advisers LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at $3,746,000. Blue Bell Private Wealth Management LLC raised its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 845.4% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 48,981 shares of the investment management company’s stock valued at $2,187,000 after acquiring an additional 43,800 shares during the period. Finally, Terril Brothers Inc. raised its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 124.6% in the fourth quarter. Terril Brothers Inc. now owns 51,047 shares of the investment management company’s stock valued at $2,279,000 after acquiring an additional 28,323 shares during the period.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of EMO opened at $50.27 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a twelve month low of $41.54 and a twelve month high of $54.90. The company’s fifty day simple moving average is $50.62 and its 200-day simple moving average is $48.65.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 8.6%.

ClearBridge Energy Midstream Opportunity Fund Profile

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) is a closed-end management investment company that seeks to provide a combination of current distribution income and capital appreciation. The fund primarily targets equities and equity-related securities of companies in the energy midstream sector, including entities involved in the gathering, processing, transportation and storage of natural gas, crude oil and natural gas liquids.

EMO’s portfolio typically includes common stocks, convertible securities and interests in master limited partnerships (MLPs) and other energy infrastructure partnerships.