ClearBridge Energy Midstream Opportunity Fund Inc $EMO Holdings Cut by Advisors Asset Management Inc.

Advisors Asset Management Inc. lowered its stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 45.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 293,347 shares of the investment management company’s stock after selling 243,953 shares during the period. Advisors Asset Management Inc.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $13,177,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of EMO. Stephens Inc. AR boosted its position in ClearBridge Energy Midstream Opportunity Fund by 88.8% during the second quarter. Stephens Inc. AR now owns 8,783 shares of the investment management company’s stock valued at $421,000 after purchasing an additional 4,130 shares during the last quarter. Motco purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter worth about $42,000. Terril Brothers Inc. purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter worth about $1,078,000. Allworth Financial LP acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at about $29,000. Finally, Cetera Investment Advisers grew its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% in the 2nd quarter. Cetera Investment Advisers now owns 9,204 shares of the investment management company’s stock valued at $442,000 after buying an additional 761 shares in the last quarter.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

NYSE:EMO opened at $49.58 on Wednesday. The stock’s 50 day moving average price is $45.75 and its 200 day moving average price is $45.42. ClearBridge Energy Midstream Opportunity Fund Inc has a 52 week low of $39.65 and a 52 week high of $50.99.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be issued a dividend of $0.36 per share. The ex-dividend date is Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%.

ClearBridge Energy Midstream Opportunity Fund Company Profile

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.