Penserra Capital Management LLC Purchases New Stake in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Penserra Capital Management LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 130,103 shares of the investment management company’s stock, valued at approximately $5,844,000.

A number of other large investors also recently added to or reduced their stakes in the business. Allworth Financial LP bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at about $29,000. Thompson Investment Management Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at approximately $32,000. Motco bought a new position in ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at approximately $42,000. Captrust Financial Advisors grew its holdings in ClearBridge Energy Midstream Opportunity Fund by 9.6% during the 2nd quarter. Captrust Financial Advisors now owns 5,510 shares of the investment management company’s stock worth $264,000 after acquiring an additional 483 shares during the period. Finally, PFG Investments LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter valued at $343,000.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

NYSE:EMO opened at $47.63 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a 12-month low of $39.65 and a 12-month high of $51.00. The stock’s fifty day simple moving average is $45.54 and its 200-day simple moving average is $45.40.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be given a dividend of $0.36 per share. This represents a c) annualized dividend and a dividend yield of 9.1%. The ex-dividend date is Friday, February 20th.

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.