Arete Wealth Advisors LLC Raises Position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Arete Wealth Advisors LLC lifted its stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 59.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,925 shares of the investment management company’s stock after purchasing an additional 4,842 shares during the period. Arete Wealth Advisors LLC’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $602,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. DAVENPORT & Co LLC grew its holdings in ClearBridge Energy Midstream Opportunity Fund by 6.9% during the fourth quarter. DAVENPORT & Co LLC now owns 13,875 shares of the investment management company’s stock valued at $646,000 after purchasing an additional 900 shares during the period. Hobbs Group Advisors LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth approximately $68,000. Calamos Advisors LLC raised its stake in ClearBridge Energy Midstream Opportunity Fund by 23.8% during the 4th quarter. Calamos Advisors LLC now owns 13,312 shares of the investment management company’s stock worth $620,000 after acquiring an additional 2,560 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in ClearBridge Energy Midstream Opportunity Fund by 2.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 106,201 shares of the investment management company’s stock valued at $4,943,000 after purchasing an additional 2,923 shares in the last quarter. Finally, Noble Wealth Management PBC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter worth approximately $157,000.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of EMO stock opened at $44.31 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a one year low of $36.71 and a one year high of $51.87. The company’s fifty day moving average price is $48.97 and its 200-day moving average price is $46.98.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a $0.36 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a dividend yield of 8.69%.

Insider Transactions at ClearBridge Energy Midstream Opportunity Fund

In related news, insider Franklin Resources Inc sold 9,704 shares of the business’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $47.06, for a total value of $456,670.24. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

About ClearBridge Energy Midstream Opportunity Fund

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.