Terril Brothers Inc. Trims Holdings in ClearBridge MLP and Midstream Fund Inc (NYSE:CEM)

Terril Brothers Inc. decreased its position in shares of ClearBridge MLP and Midstream Fund Inc (NYSE:CEM) by 8.6% during the fourth quarter, Holdings Channel reports. The fund owned 139,670 shares of the investment management company’s stock after selling 13,150 shares during the period. ClearBridge MLP and Midstream Fund makes up about 2.0% of Terril Brothers Inc.’s holdings, making the stock its 17th biggest holding. Terril Brothers Inc.’s holdings in ClearBridge MLP and Midstream Fund were worth $5,599,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Saba Capital Management L.P. grew its holdings in shares of ClearBridge MLP and Midstream Fund by 17.4% during the 3rd quarter. Saba Capital Management L.P. now owns 1,680,057 shares of the investment management company’s stock worth $59,188,000 after acquiring an additional 248,594 shares during the period. Advisors Asset Management Inc. grew its holdings in shares of ClearBridge MLP and Midstream Fund by 66.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 197,835 shares of the investment management company’s stock worth $6,970,000 after acquiring an additional 78,667 shares during the period. Thomas J. Herzfeld Advisors Inc. grew its holdings in shares of ClearBridge MLP and Midstream Fund by 35.9% during the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 110,044 shares of the investment management company’s stock worth $3,877,000 after acquiring an additional 29,074 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of ClearBridge MLP and Midstream Fund by 5.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 89,445 shares of the investment management company’s stock worth $3,151,000 after acquiring an additional 4,844 shares during the period. Finally, Wolverine Asset Management LLC grew its holdings in shares of ClearBridge MLP and Midstream Fund by 152.7% during the 3rd quarter. Wolverine Asset Management LLC now owns 86,354 shares of the investment management company’s stock worth $3,042,000 after acquiring an additional 52,181 shares during the period.

ClearBridge MLP and Midstream Fund Stock Down 0.3 %

Shares of CEM stock traded down $0.14 during midday trading on Friday, reaching $45.83. 27,424 shares of the stock were exchanged, compared to its average volume of 35,578. ClearBridge MLP and Midstream Fund Inc has a 1 year low of $30.70 and a 1 year high of $46.79. The company’s 50 day moving average is $44.32 and its two-hundred day moving average is $40.27.

ClearBridge MLP and Midstream Fund Profile

ClearBridge Energy MLP 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 Advisors, 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.