ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Insider Franklin Resources Inc Sells 9,704 Shares

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) insider Franklin Resources Inc sold 9,704 shares of the company’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $47.06, for a total value of $456,670.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Franklin Resources Inc also recently made the following trade(s):

• On Monday, December 16th, Franklin Resources Inc sold 2,209 shares of ClearBridge Energy Midstream Opportunity Fund stock. The shares were sold at an average price of $46.04, for a total value of $101,702.36.
• On Tuesday, December 10th, Franklin Resources Inc sold 2,610 shares of ClearBridge Energy Midstream Opportunity Fund stock. The stock was sold at an average price of $47.43, for a total value of $123,792.30.

ClearBridge Energy Midstream Opportunity Fund Price Performance

EMO opened at $46.55 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a 52-week low of $36.71 and a 52-week high of $51.87. The business’s fifty day moving average is $48.79 and its 200-day moving average is $45.74.

ClearBridge Energy Midstream Opportunity Fund Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be issued a dividend of $0.36 per share. This is a positive change from ClearBridge Energy Midstream Opportunity Fund’s previous dividend of $0.33. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Several large investors have recently modified their holdings of the stock. HighTower Advisors LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at about $1,030,000. Janney Montgomery Scott LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at about $220,000. JPMorgan Chase & Co. raised its position in 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 valued at $536,000 after purchasing an additional 10,631 shares during the last quarter. Atria Wealth Solutions Inc. bought a new position in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at about $226,000. Finally, Stephens Inc. AR bought a new position in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at about $204,000.

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.