Advisors Asset Management Inc. Cuts Holdings in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Advisors Asset Management Inc. decreased its stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 15.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 537,300 shares of the investment management company’s stock after selling 97,403 shares during the period. ClearBridge Energy Midstream Opportunity Fund comprises about 0.5% of Advisors Asset Management Inc.’s investment portfolio, making the stock its 27th biggest position. Advisors Asset Management Inc.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $25,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Terril Brothers Inc. purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the second quarter worth $1,078,000. Future Financial Wealth Managment LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the second quarter worth about $778,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 5.6% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 113,524 shares of the investment management company’s stock worth $5,446,000 after purchasing an additional 6,067 shares in the last quarter. Compound Planning Inc. bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 1st quarter valued at about $289,000. Finally, Stephens Inc. AR raised its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 88.8% during the 2nd quarter. Stephens Inc. AR now owns 8,783 shares of the investment management company’s stock valued at $421,000 after buying an additional 4,130 shares in the last quarter.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

NYSE:EMO opened at $43.69 on Tuesday. The business has a 50 day moving average of $43.62 and a 200 day moving average of $45.84. ClearBridge Energy Midstream Opportunity Fund Inc has a 1-year low of $39.65 and a 1-year high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%.

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.