Choreo LLC Invests $220,000 in ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR)

Choreo LLC acquired a new position in ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,065 shares of the investment management company’s stock, valued at approximately $220,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CTR. Kingswood Wealth Advisors LLC purchased a new stake in ClearBridge MLP and Midstream Total Return Fund during the 4th quarter valued at about $257,000. Delphi Financial Group Inc. purchased a new stake in ClearBridge MLP and Midstream Total Return Fund during the 4th quarter valued at about $931,000. Clough Capital Partners L P boosted its holdings in ClearBridge MLP and Midstream Total Return Fund by 89.1% during the 3rd quarter. Clough Capital Partners L P now owns 48,775 shares of the investment management company’s stock valued at $1,564,000 after acquiring an additional 22,975 shares during the period. Realta Investment Advisors purchased a new stake in ClearBridge MLP and Midstream Total Return Fund during the 4th quarter valued at about $211,000. Finally, Saba Capital Management L.P. raised its position in ClearBridge MLP and Midstream Total Return Fund by 15.6% during the 3rd quarter. Saba Capital Management L.P. now owns 1,028,258 shares of the investment management company’s stock valued at $32,976,000 after purchasing an additional 138,434 shares during the last quarter.

ClearBridge MLP and Midstream Total Return Fund Stock Up 0.7 %

CTR opened at $41.60 on Friday. The business has a 50 day simple moving average of $40.59 and a two-hundred day simple moving average of $36.72. ClearBridge MLP and Midstream Total Return Fund Inc. has a one year low of $27.47 and a one year high of $42.61.

ClearBridge MLP and Midstream Total Return Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 23rd will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date is Wednesday, May 22nd. ClearBridge MLP and Midstream Total Return Fund’s payout ratio is 205.88%.

ClearBridge MLP and Midstream Total Return Fund Company Profile

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.