Landscape Capital Management L.L.C. Has $2.93 Million Stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Landscape Capital Management L.L.C. boosted its position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 598.2% during the third quarter, HoldingsChannel.com reports. The fund owned 69,516 shares of the investment management company’s stock after buying an additional 59,560 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $2,934,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of EMO. Advisors Asset Management Inc. lifted its stake in ClearBridge Energy Midstream Opportunity Fund by 274.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 670,952 shares of the investment management company’s stock valued at $28,314,000 after purchasing an additional 491,725 shares during the last quarter. Delphi Financial Group Inc. bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter worth about $2,648,000. Oxbow Advisors LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth approximately $2,186,000. Edgemoor Investment Advisors Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at $1,861,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at about $1,670,000.

ClearBridge Energy Midstream Opportunity Fund Stock Up 0.6 %

Shares of EMO stock opened at $48.78 on Thursday. The firm has a 50 day moving average of $43.76 and a 200-day moving average of $41.94. ClearBridge Energy Midstream Opportunity Fund Inc has a 52 week low of $32.17 and a 52 week high of $48.87.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently declared a — dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 21st will be issued a $0.33 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a yield of 8.1%.

Insider Buying and Selling

In related news, insider Franklin Resources Inc sold 8,467 shares of the stock in a transaction 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 sale, the insider now directly owns 51,019 shares of the company’s stock, valued at approximately $2,229,020.11. This represents a 14.23 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 24,024 shares of company stock worth $1,051,375 in the last ninety days.

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.