ClearBridge MLP and Midstream Total Return Fund (NYSE:CTR) Shares Pass Below Two Hundred Day Moving Average of $40.79

ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $40.79 and traded as low as $40.26. ClearBridge MLP and Midstream Total Return Fund shares last traded at $40.29, with a volume of 3,499 shares.

ClearBridge MLP and Midstream Total Return Fund Trading Down 0.0 %

The business’s 50-day moving average price is $40.18 and its 200-day moving average price is $40.81.

ClearBridge MLP and Midstream Total Return Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were paid a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $2.80 dividend on an annualized basis and a yield of 6.96%. ClearBridge MLP and Midstream Total Return Fund’s dividend payout ratio is presently 205.88%.

Institutional Trading of ClearBridge MLP and Midstream Total Return Fund

Hedge funds have recently added to or reduced their stakes in the stock. Robinson Capital Management LLC purchased a new position in ClearBridge MLP and Midstream Total Return Fund during the fourth quarter worth about $150,000. Sanctuary Advisors LLC purchased a new stake in shares of ClearBridge MLP and Midstream Total Return Fund in the second quarter valued at approximately $487,000. Nations Financial Group Inc. IA ADV boosted its stake in shares of ClearBridge MLP and Midstream Total Return Fund by 3.4% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 13,615 shares of the investment management company’s stock valued at $493,000 after buying an additional 449 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its holdings in ClearBridge MLP and Midstream Total Return Fund by 223.0% during the first quarter. Blue Bell Private Wealth Management LLC now owns 17,986 shares of the investment management company’s stock worth $746,000 after acquiring an additional 12,417 shares during the period. Finally, Quarry LP lifted its holdings in ClearBridge MLP and Midstream Total Return Fund by 138.4% in the fourth quarter. Quarry LP now owns 25,493 shares of the investment management company’s stock valued at $924,000 after acquiring an additional 14,800 shares during the period.

About ClearBridge MLP and Midstream Total Return Fund

ClearBridge MLP and Midstream Total Return Fund Inc is an open ended equity mutual fund of funds launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by ClearBridge Investments, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy sector.