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

Kingswood Wealth Advisors LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,100 shares of the investment management company’s stock, valued at approximately $242,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Steward Partners Investment Advisory LLC grew its position in ClearBridge Energy Midstream Opportunity Fund by 1.1% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 32,831 shares of the investment management company’s stock worth $927,000 after purchasing an additional 365 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 7.7% during the first quarter. HighTower Advisors LLC now owns 7,724 shares of the investment management company’s stock worth $220,000 after buying an additional 554 shares during the period. Cetera Advisor Networks LLC grew its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 6.3% during the fourth quarter. Cetera Advisor Networks LLC now owns 12,477 shares of the investment management company’s stock worth $357,000 after buying an additional 741 shares during the last quarter. Invesco Ltd. increased its position in ClearBridge Energy Midstream Opportunity Fund by 4.8% in the 1st quarter. Invesco Ltd. now owns 35,589 shares of the investment management company’s stock valued at $1,004,000 after acquiring an additional 1,633 shares during the period. Finally, Royal Bank of Canada raised its stake in ClearBridge Energy Midstream Opportunity Fund by 1.7% during the 3rd quarter. Royal Bank of Canada now owns 160,884 shares of the investment management company’s stock valued at $4,024,000 after acquiring an additional 2,616 shares during the last quarter.

ClearBridge Energy Midstream Opportunity Fund Stock Up 1.3 %

ClearBridge Energy Midstream Opportunity Fund stock opened at $33.08 on Wednesday. The stock has a 50 day moving average of $31.73 and a two-hundred day moving average of $30.47. ClearBridge Energy Midstream Opportunity Fund Inc has a twelve month low of $25.57 and a twelve month high of $33.43.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 22nd will be given a $0.65 dividend. The ex-dividend date is Tuesday, November 21st. This represents a $2.60 dividend on an annualized basis and a yield of 7.86%.

Insider Buying and Selling at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, major shareholder Saba Capital Management, L.P. acquired 10,573 shares of the stock in a transaction on Monday, August 21st. The shares were bought at an average price of $31.59 per share, with a total value of $334,001.07. Following the acquisition, the insider now owns 2,386,350 shares of the company’s stock, valued at $75,384,796.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have bought 251,899 shares of company stock valued at $7,949,829.

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.