Stifel Financial Corp Buys New Shares in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Stifel Financial Corp purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 107,635 shares of the investment management company’s stock, valued at approximately $4,542,000.

Other hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth about $325,000. HighTower Advisors LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $1,030,000. Icon Wealth Advisors LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $485,000. Capstone Investment Advisors LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at approximately $313,000. Finally, Walleye Capital LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at approximately $879,000.

Insider Activity at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 8,467 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $43.69, for a total value of $369,923.23. Following the completion of the transaction, the insider now owns 51,019 shares in the company, valued at $2,229,020.11. This represents a 14.23 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders sold 26,634 shares of company stock worth $1,175,167.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.5 %

EMO opened at $46.93 on Monday. ClearBridge Energy Midstream Opportunity Fund Inc has a 52-week low of $32.96 and a 52-week high of $50.73. The company has a 50 day moving average of $46.12 and a two-hundred day moving average of $42.71.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $3.96 dividend on an annualized basis and a yield of 8.44%.

ClearBridge Energy Midstream Opportunity Fund Company 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.