Signature Estate & Investment Advisors LLC cut its holdings in Clearbridge Energy MidstreamOprtntyFdInc (NYSE:EMO) by 0.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 749,120 shares of the investment management company’s stock after selling 4,562 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Clearbridge Energy MidstreamOprtntyFdInc were worth $6,892,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in Clearbridge Energy MidstreamOprtntyFdInc in the fourth quarter valued at $107,000. Sawtooth Solutions LLC purchased a new position in shares of Clearbridge Energy MidstreamOprtntyFdInc in the first quarter valued at about $187,000. Kayne Anderson Capital Advisors LP purchased a new position in shares of Clearbridge Energy MidstreamOprtntyFdInc during the first quarter valued at about $192,000. Millennium Management LLC purchased a new position in shares of Clearbridge Energy MidstreamOprtntyFdInc during the fourth quarter valued at about $289,000. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Clearbridge Energy MidstreamOprtntyFdInc by 6.6% during the first quarter. Steward Partners Investment Advisory LLC now owns 32,489 shares of the investment management company’s stock valued at $312,000 after buying an additional 2,019 shares during the period.
EMO traded down $0.08 during midday trading on Thursday, reaching $8.40. The company’s stock had a trading volume of 9,183 shares, compared to its average volume of 200,420. Clearbridge Energy MidstreamOprtntyFdInc has a 1 year low of $7.33 and a 1 year high of $12.19. The company’s 50-day simple moving average is $9.25.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 23rd will be paid a $0.23 dividend. The ex-dividend date of this dividend is Thursday, August 22nd. This represents a $0.92 annualized dividend and a dividend yield of 10.95%.
Clearbridge Energy MidstreamOprtntyFdInc Profile
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.
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