ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Insider Sells $123,792.30 in Stock

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) insider Franklin Resources Inc sold 2,610 shares of ClearBridge Energy Midstream Opportunity Fund stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $47.43, for a total transaction of $123,792.30. Following the sale, the insider now owns 32,909 shares of the company’s stock, valued at approximately $1,560,873.87. This represents a 7.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, October 18th, Franklin Resources Inc sold 7,900 shares of ClearBridge Energy Midstream Opportunity Fund stock. The shares were sold at an average price of $43.71, for a total value of $345,309.00.
• On Wednesday, October 16th, Franklin Resources Inc sold 8,467 shares of ClearBridge Energy Midstream Opportunity Fund stock. The stock was sold at an average price of $43.69, for a total value of $369,923.23.
• On Monday, October 14th, Franklin Resources Inc sold 7,657 shares of ClearBridge Energy Midstream Opportunity Fund stock. The shares were sold at an average price of $43.90, for a total value of $336,142.30.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE EMO opened at $47.37 on Friday. The firm has a 50 day simple moving average of $46.03 and a 200-day simple moving average of $42.66. ClearBridge Energy Midstream Opportunity Fund Inc has a one year low of $32.21 and a one year high of $50.73.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be paid a $0.33 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $3.96 annualized dividend and a dividend yield of 8.36%.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Several hedge funds have recently modified their holdings of the stock. Gilliland Jeter Wealth Management LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at about $31,000. Bogart Wealth LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at approximately $37,000. Hobbs Group Advisors LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the third quarter worth approximately $68,000. Activest Wealth Management acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $95,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at approximately $161,000.

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.