ClearBridge Energy Midstream Opportunity Fund Inc $EMO Shares Sold by Thomas J. Herzfeld Advisors Inc.

Thomas J. Herzfeld Advisors Inc. trimmed its position in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 17.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,828 shares of the investment management company’s stock after selling 15,942 shares during the period. ClearBridge Energy Midstream Opportunity Fund makes up 1.3% of Thomas J. Herzfeld Advisors Inc.’s portfolio, making the stock its 26th biggest position. Thomas J. Herzfeld Advisors Inc.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $3,542,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. grew its position in shares of ClearBridge Energy Midstream Opportunity Fund by 5.8% during the first quarter. Advisors Asset Management Inc. now owns 634,703 shares of the investment management company’s stock worth $31,494,000 after buying an additional 34,525 shares in the last quarter. Terril Brothers Inc. acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at $1,078,000. Future Financial Wealth Managment LLC bought a new position in ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at $778,000. Steward Partners Investment Advisory LLC grew its holdings in ClearBridge Energy Midstream Opportunity Fund by 5.6% during 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 acquiring an additional 6,067 shares in the last quarter. Finally, Compound Planning Inc. bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 1st quarter worth about $289,000.

ClearBridge Energy Midstream Opportunity Fund Price Performance

EMO stock opened at $45.93 on Friday. The stock’s 50 day simple moving average is $43.58 and its 200 day simple moving average is $45.76. ClearBridge Energy Midstream Opportunity Fund Inc has a 12-month low of $39.65 and a 12-month high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) annualized dividend and a yield of 9.4%.

ClearBridge Energy Midstream Opportunity Fund 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.