ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO) Stock Price Crosses Above 200 Day Moving Average of $39.69

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.69 and traded as high as $40.44. ClearBridge Energy Midstream Opportunity Fund shares last traded at $38.66, with a volume of 33,776 shares trading hands.

ClearBridge Energy Midstream Opportunity Fund Stock Down 3.6 %

The business has a fifty day moving average of $41.19 and a 200-day moving average of $39.73.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Wednesday, August 14th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 6.93%. The ex-dividend date of this dividend is Wednesday, August 14th.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC boosted its position in ClearBridge Energy Midstream Opportunity Fund by 60.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 21,044 shares of the investment management company’s stock valued at $867,000 after acquiring an additional 7,954 shares in the last quarter. Alpine Global Management LLC lifted its position in shares of 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 valued at $3,655,000 after buying an additional 26,700 shares during the last quarter. Robinson Capital Management LLC boosted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 14.7% in the 1st quarter. Robinson Capital Management LLC now owns 15,600 shares of the investment management company’s stock valued at $637,000 after buying an additional 2,000 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its position in shares of ClearBridge Energy Midstream Opportunity Fund by 286.7% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 30,118 shares of the investment management company’s stock worth $1,223,000 after buying an additional 22,329 shares during the last quarter. Finally, Pasadena Private Wealth LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 1st quarter worth approximately $223,000.

ClearBridge Energy Midstream Opportunity Fund Company 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.