Sit Investment Associates Inc. Grows Holdings in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Sit Investment Associates Inc. increased its position in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 16.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 777,688 shares of the investment management company’s stock after buying an additional 108,345 shares during the period. Sit Investment Associates Inc.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $34,724,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EMO. HighTower Advisors LLC increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 2.7% in the 4th quarter. HighTower Advisors LLC now owns 10,046 shares of the investment management company’s stock worth $449,000 after purchasing an additional 262 shares during the last quarter. First Trust Advisors LP increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 1.5% in the 2nd quarter. First Trust Advisors LP now owns 17,854 shares of the investment management company’s stock worth $856,000 after purchasing an additional 269 shares during the last quarter. Kingswood Wealth Advisors LLC increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 3.0% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 14,989 shares of the investment management company’s stock worth $669,000 after purchasing an additional 440 shares during the last quarter. Captrust Financial Advisors increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 9.6% in the 2nd quarter. Captrust Financial Advisors now owns 5,510 shares of the investment management company’s stock worth $264,000 after purchasing an additional 483 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% in the 2nd quarter. Cetera Investment Advisers now owns 9,204 shares of the investment management company’s stock worth $442,000 after purchasing an additional 761 shares during the last quarter.

ClearBridge Energy Midstream Opportunity Fund Price Performance

EMO opened at $50.49 on Friday. The company has a 50-day moving average of $50.41 and a 200-day moving average of $48.86. ClearBridge Energy Midstream Opportunity Fund Inc has a 1-year low of $41.54 and a 1-year high of $54.90.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be given 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%.

About ClearBridge Energy Midstream Opportunity Fund

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.