ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO) Stock Price Passes Above Two Hundred Day Moving Average of $36.22

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $36.22 and traded as high as $42.10. ClearBridge Energy Midstream Opportunity Fund shares last traded at $42.09, with a volume of 13,012 shares changing hands.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

The business’s 50-day moving average is $40.01 and its two-hundred day moving average is $36.22.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $2.68 annualized dividend and a dividend yield of 6.37%.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Saba Capital Management L.P. grew its position in ClearBridge Energy Midstream Opportunity Fund by 12.3% in the third quarter. Saba Capital Management L.P. now owns 2,543,688 shares of the investment management company’s stock worth $80,635,000 after acquiring an additional 278,098 shares during the period. Advisors Asset Management Inc. grew its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 23.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 247,858 shares of the investment management company’s stock worth $7,857,000 after purchasing an additional 46,643 shares during the period. Alpine Global Management LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth about $1,404,000. Clough Capital Partners L P raised its holdings in ClearBridge Energy Midstream Opportunity Fund by 180.6% in the 3rd quarter. Clough Capital Partners L P now owns 54,228 shares of the investment management company’s stock valued at $1,719,000 after buying an additional 34,900 shares during the period. Finally, Quarry LP lifted its position in ClearBridge Energy Midstream Opportunity Fund by 111.9% in the fourth quarter. Quarry LP now owns 44,915 shares of the investment management company’s stock valued at $1,568,000 after buying an additional 23,715 shares during the last quarter.

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.