ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO) Share Price Passes Above 200 Day Moving Average of $36.22

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $36.22 and traded as high as $42.10. ClearBridge Energy Midstream Opportunity Fund shares last traded at $42.09, with a volume of 13,012 shares trading hands.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

The stock has a 50 day moving average price of $40.01 and a 200-day moving average price of $36.22.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 23rd will be paid a $0.67 dividend. The ex-dividend date is Wednesday, May 22nd. This represents a $2.68 dividend on an annualized basis and a yield of 6.37%.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

A number of institutional investors have recently made changes to their positions in the stock. Saba Capital Management L.P. raised its holdings in ClearBridge Energy Midstream Opportunity Fund by 12.3% during the 3rd quarter. Saba Capital Management L.P. now owns 2,543,688 shares of the investment management company’s stock valued at $80,635,000 after buying an additional 278,098 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in ClearBridge Energy Midstream Opportunity Fund by 5.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 377,780 shares of the investment management company’s stock worth $13,192,000 after acquiring an additional 18,172 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 23.2% during the third quarter. Advisors Asset Management Inc. now owns 247,858 shares of the investment management company’s stock worth $7,857,000 after acquiring an additional 46,643 shares during the period. Clough Capital Partners L P raised its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 180.6% during the third quarter. Clough Capital Partners L P now owns 54,228 shares of the investment management company’s stock valued at $1,719,000 after acquiring an additional 34,900 shares in the last quarter. Finally, Quarry LP raised its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 111.9% during the fourth quarter. Quarry LP now owns 44,915 shares of the investment management company’s stock valued at $1,568,000 after acquiring an additional 23,715 shares 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.