Eagle Bay Advisors LLC Takes Position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Eagle Bay Advisors LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) during the third quarter, HoldingsChannel reports. The firm acquired 3,792 shares of the investment management company’s stock, valued at approximately $161,000.

A number of other hedge funds have also made changes to their positions in EMO. Gilliland Jeter Wealth Management LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $31,000. Pasadena Private Wealth LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the 1st quarter worth approximately $223,000. LexAurum Advisors LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $268,000. Wealth Enhancement Advisory Services LLC grew its stake in ClearBridge Energy Midstream Opportunity Fund by 47.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,090 shares of the investment management company’s stock worth $532,000 after buying an additional 4,190 shares during the last quarter. Finally, Robinson Capital Management LLC grew its stake in ClearBridge Energy Midstream Opportunity Fund by 14.7% during the 1st quarter. Robinson Capital Management LLC now owns 15,600 shares of the investment management company’s stock worth $637,000 after buying an additional 2,000 shares during the last quarter.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.4 %

NYSE:EMO traded down $0.20 during mid-day trading on Wednesday, reaching $44.33. 11,882 shares of the stock were exchanged, compared to its average volume of 29,818. The company has a 50 day simple moving average of $41.50 and a 200-day simple moving average of $41.23. ClearBridge Energy Midstream Opportunity Fund Inc has a 1 year low of $30.75 and a 1 year high of $44.65.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 21st will be paid a dividend of $0.33 per share. The ex-dividend date is Thursday, November 21st. This represents a $3.96 dividend on an annualized basis and a yield of 8.93%.

Insider Buying and Selling

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 7,900 shares of the stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $43.71, for a total transaction of $345,309.00. Following the completion of the sale, the insider now directly owns 36,519 shares of the company’s stock, valued at approximately $1,596,245.49. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 24,024 shares of company stock worth $1,051,375 in the last quarter.

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.