XML Financial LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,950 shares of the investment management company’s stock, valued at approximately $230,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at approximately $1,670,000. LexAurum Advisors LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at $268,000. Gilliland Jeter Wealth Management LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth $31,000. Eagle Bay Advisors LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth $161,000. Finally, Bogart Wealth LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth about $37,000.
Insider Buying and Selling
In related news, insider Franklin Resources Inc sold 2,209 shares of ClearBridge Energy Midstream Opportunity Fund stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $46.04, for a total transaction of $101,702.36. Following the completion of the sale, the insider now owns 28,000 shares in the company, valued at approximately $1,289,120. This trade represents a 7.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
ClearBridge Energy Midstream Opportunity Fund Stock Performance
ClearBridge Energy Midstream Opportunity Fund Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Monday, January 27th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a dividend yield of 7.75%.
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.
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