HighTower Advisors LLC Sells 12,320 Shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

HighTower Advisors LLC decreased its holdings in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 50.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 12,129 shares of the investment management company’s stock after selling 12,320 shares during the period. HighTower Advisors LLC’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $564,000 at the end of the most recent quarter.

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

Insider Activity at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 9,704 shares of ClearBridge Energy Midstream Opportunity Fund 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

ClearBridge Energy Midstream Opportunity Fund stock opened at $49.30 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a 52-week low of $36.71 and a 52-week high of $51.87. The firm has a 50 day moving average price of $49.20 and a two-hundred day moving average price of $46.74.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be paid a dividend of $0.36 per share. This represents a yield of 8.69%. The ex-dividend date is Monday, March 24th.

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.