ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Insider Franklin Resources Inc Sells 7,900 Shares of Stock

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) insider Franklin Resources Inc sold 7,900 shares of the firm’s stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $43.71, for a total transaction of $345,309.00. Following the completion of the sale, the insider now owns 36,519 shares of the company’s stock, valued at $1,596,245.49. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Franklin Resources Inc also recently made the following trade(s):

• On Wednesday, October 16th, Franklin Resources Inc sold 8,467 shares of ClearBridge Energy Midstream Opportunity Fund stock. The stock was sold at an average price of $43.69, for a total value of $369,923.23.
• On Monday, October 14th, Franklin Resources Inc sold 7,657 shares of ClearBridge Energy Midstream Opportunity Fund stock. The shares were sold at an average price of $43.90, for a total value of $336,142.30.

ClearBridge Energy Midstream Opportunity Fund Trading Up 0.7 %

EMO opened at $44.01 on Friday. The stock has a fifty day simple moving average of $41.30 and a two-hundred day simple moving average of $41.19. ClearBridge Energy Midstream Opportunity Fund Inc has a 12-month low of $30.71 and a 12-month high of $44.26.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 21st will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $3.96 dividend on an annualized basis and a yield of 9.00%.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 60.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 21,044 shares of the investment management company’s stock valued at $867,000 after purchasing an additional 7,954 shares during the last quarter. Virtu Financial LLC bought a new position in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at approximately $206,000. Edgemoor Investment Advisors Inc. purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the second quarter valued at $1,861,000. Pasadena Private Wealth LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the first quarter worth $223,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the second quarter worth $1,670,000.

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.