Terril Brothers Inc. Has $5.60 Million Position in ClearBridge MLP and Midstream Fund Inc (NYSE:CEM)

Terril Brothers Inc. cut its stake in ClearBridge MLP and Midstream Fund Inc (NYSE:CEM) by 8.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,670 shares of the investment management company’s stock after selling 13,150 shares during the period. ClearBridge MLP and Midstream Fund makes up about 2.0% of Terril Brothers Inc.’s portfolio, making the stock its 17th biggest holding. Terril Brothers Inc.’s holdings in ClearBridge MLP and Midstream Fund were worth $5,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC raised its holdings in ClearBridge MLP and Midstream Fund by 12.1% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 3,762 shares of the investment management company’s stock valued at $133,000 after acquiring an additional 406 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of ClearBridge MLP and Midstream Fund by 5.6% in the 3rd quarter. D.A. Davidson & CO. now owns 10,543 shares of the investment management company’s stock valued at $371,000 after purchasing an additional 563 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of ClearBridge MLP and Midstream Fund by 20.4% in the 3rd quarter. HighTower Advisors LLC now owns 7,980 shares of the investment management company’s stock valued at $282,000 after purchasing an additional 1,354 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of ClearBridge MLP and Midstream Fund by 5.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 89,445 shares of the investment management company’s stock valued at $3,151,000 after purchasing an additional 4,844 shares during the last quarter. Finally, Clough Capital Partners L P bought a new position in shares of ClearBridge MLP and Midstream Fund in the 3rd quarter valued at $266,000.

ClearBridge MLP and Midstream Fund Trading Down 0.3 %

Shares of CEM traded down $0.14 during midday trading on Friday, hitting $45.83. The company’s stock had a trading volume of 27,424 shares, compared to its average volume of 35,578. ClearBridge MLP and Midstream Fund Inc has a one year low of $30.70 and a one year high of $46.79. The company’s fifty day simple moving average is $44.32 and its two-hundred day simple moving average is $40.27.

ClearBridge MLP and Midstream Fund Profile

ClearBridge Energy MLP 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 Advisors, 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.