ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Insider Sells $456,670.24 in Stock

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) insider Franklin Resources Inc sold 9,704 shares of the stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $47.06, for a total transaction of $456,670.24. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Franklin Resources Inc also recently made the following trade(s):

• On Monday, December 16th, Franklin Resources Inc sold 2,209 shares of ClearBridge Energy Midstream Opportunity Fund stock. The stock was sold at an average price of $46.04, for a total value of $101,702.36.
• On Tuesday, December 10th, Franklin Resources Inc sold 2,610 shares of ClearBridge Energy Midstream Opportunity Fund stock. The shares were sold at an average price of $47.43, for a total value of $123,792.30.

ClearBridge Energy Midstream Opportunity Fund Price Performance

ClearBridge Energy Midstream Opportunity Fund stock traded down $1.04 during midday trading on Thursday, reaching $46.55. The company’s stock had a trading volume of 23,417 shares, compared to its average volume of 35,549. ClearBridge Energy Midstream Opportunity Fund Inc has a fifty-two week low of $36.71 and a fifty-two week high of $51.87. The stock’s 50 day simple moving average is $48.75 and its 200 day simple moving average is $45.72.

ClearBridge Energy Midstream Opportunity Fund Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be paid a $0.36 dividend. This is an increase from ClearBridge Energy Midstream Opportunity Fund’s previous dividend of $0.33. The ex-dividend date is Monday, March 24th.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Institutional investors have recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth about $42,000. Hobbs Group Advisors LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at about $68,000. Activest Wealth Management acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at approximately $95,000. Noble Wealth Management PBC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth approximately $157,000. Finally, Stephens Inc. AR purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $204,000.

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.