Aristides Capital LLC Raises Stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Aristides Capital LLC increased its stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,636 shares of the investment management company’s stock after buying an additional 2,120 shares during the period. Aristides Capital LLC’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $914,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in ClearBridge Energy Midstream Opportunity Fund by 12.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 8,988 shares of the investment management company’s stock worth $418,000 after acquiring an additional 976 shares in the last quarter. Wells Fargo & Company MN grew its stake in ClearBridge Energy Midstream Opportunity Fund by 1.0% in the fourth quarter. Wells Fargo & Company MN now owns 188,815 shares of the investment management company’s stock worth $8,787,000 after purchasing an additional 1,795 shares in the last quarter. Arete Wealth Advisors LLC raised its position in ClearBridge Energy Midstream Opportunity Fund by 59.9% during the 4th quarter. Arete Wealth Advisors LLC now owns 12,925 shares of the investment management company’s stock valued at $602,000 after purchasing an additional 4,842 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. lifted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 30.4% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 105,647 shares of the investment management company’s stock worth $4,917,000 after buying an additional 24,616 shares during the period. Finally, LPL Financial LLC grew its position in shares of ClearBridge Energy Midstream Opportunity Fund by 15.2% during the 4th quarter. LPL Financial LLC now owns 43,417 shares of the investment management company’s stock worth $2,021,000 after buying an additional 5,723 shares in the last quarter.

Insider Transactions at ClearBridge Energy Midstream Opportunity Fund

In other news, insider Franklin Resources Inc sold 9,704 shares of the business’s stock in a transaction 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

EMO stock opened at $44.31 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a 1-year low of $36.71 and a 1-year high of $51.87. The business has a 50-day moving average price of $48.97 and a 200 day moving average price of $47.02.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

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

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.