139,760 Shares in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) during the fourth quarter, HoldingsChannel reports. The fund bought 139,760 shares of the investment management company’s stock, valued at approximately $6,504,000.

A number of other large investors have also added to or reduced their stakes in the company. Chicago Partners Investment Group LLC increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 75.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,283 shares of the investment management company’s stock valued at $454,000 after purchasing an additional 4,407 shares during the last quarter. Delphi Financial Group Inc. bought a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at approximately $2,648,000. Oxbow Advisors LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter worth approximately $2,186,000. Wolverine Asset Management LLC lifted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 419.3% in the 3rd quarter. Wolverine Asset Management LLC now owns 31,568 shares of the investment management company’s stock worth $1,332,000 after acquiring an additional 25,489 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at $633,000.

ClearBridge Energy Midstream Opportunity Fund Stock Down 0.7 %

EMO stock opened at $49.05 on Tuesday. The firm’s fifty day moving average is $48.71 and its 200 day moving average is $45.67. ClearBridge Energy Midstream Opportunity Fund Inc has a 52 week low of $36.71 and a 52 week high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be paid a dividend of $0.36 per share. This is a boost from ClearBridge Energy Midstream Opportunity Fund’s previous dividend of $0.33. The ex-dividend date of this dividend is Monday, March 24th.

Insider Transactions at ClearBridge Energy Midstream Opportunity Fund

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

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.