ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO) Shares Pass Above 200-Day Moving Average of $37.93

Shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $37.93 and traded as high as $43.02. ClearBridge Energy Midstream Opportunity Fund shares last traded at $42.47, with a volume of 21,488 shares changing hands.

ClearBridge Energy Midstream Opportunity Fund Stock Down 1.1 %

The firm’s 50-day moving average price is $41.52 and its 200 day moving average price is $37.99.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Thursday, May 23rd were paid a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $2.68 dividend on an annualized basis and a yield of 6.42%.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of large investors have recently modified their holdings of the business. Saba Capital Management L.P. raised its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 12.3% during the 3rd quarter. Saba Capital Management L.P. now owns 2,543,688 shares of the investment management company’s stock worth $80,635,000 after buying an additional 278,098 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in ClearBridge Energy Midstream Opportunity Fund by 5.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 377,780 shares of the investment management company’s stock valued at $13,192,000 after acquiring an additional 18,172 shares during the last quarter. Advisors Asset Management Inc. grew its position in ClearBridge Energy Midstream Opportunity Fund by 23.2% in the third quarter. Advisors Asset Management Inc. now owns 247,858 shares of the investment management company’s stock valued at $7,857,000 after acquiring an additional 46,643 shares during the last quarter. Alpine Global Management LLC raised its stake in ClearBridge Energy Midstream Opportunity Fund by 42.2% during the first quarter. Alpine Global Management LLC now owns 90,000 shares of the investment management company’s stock worth $3,655,000 after acquiring an additional 26,700 shares in the last quarter. Finally, Clough Capital Partners L P lifted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 180.6% in the third quarter. Clough Capital Partners L P now owns 54,228 shares of the investment management company’s stock worth $1,719,000 after acquiring an additional 34,900 shares during the last quarter.

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.