Calamos Advisors LLC Boosts Stock Position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Calamos Advisors LLC increased its stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 23.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,312 shares of the investment management company’s stock after acquiring an additional 2,560 shares during the quarter. Calamos Advisors LLC’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $620,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Gilliland Jeter Wealth Management LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth $31,000. Bogart Wealth LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter worth about $37,000. Hobbs Group Advisors LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter worth about $68,000. Activest Wealth Management acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at about $95,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at approximately $161,000.

Insiders Place Their Bets

In related news, insider Franklin Resources Inc sold 2,209 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $46.04, for a total transaction of $101,702.36. Following the completion of the sale, the insider now directly owns 28,000 shares of the company’s stock, valued at approximately $1,289,120. This trade represents a 7.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of NYSE EMO opened at $50.47 on Thursday. The company has a 50 day simple moving average of $48.04 and a 200-day simple moving average of $44.42. ClearBridge Energy Midstream Opportunity Fund Inc has a 1 year low of $35.00 and a 1 year high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Monday, January 27th were paid a dividend of $0.33 per share. The ex-dividend date was Friday, January 24th. This represents a yield of 7.75%.

ClearBridge Energy Midstream Opportunity Fund 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.