Arete Wealth Advisors LLC Sells 840 Shares of ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Arete Wealth Advisors LLC trimmed its stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 6.5% in the 1st quarter, HoldingsChannel reports. The firm owned 12,085 shares of the investment management company’s stock after selling 840 shares during the period. Arete Wealth Advisors LLC’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ritholtz Wealth Management purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 1st quarter worth $500,000. NBC Securities Inc. increased its stake in ClearBridge Energy Midstream Opportunity Fund by 105,666.7% in the 1st quarter. NBC Securities Inc. now owns 3,173 shares of the investment management company’s stock worth $157,000 after buying an additional 3,170 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of ClearBridge Energy Midstream Opportunity Fund by 22.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,808 shares of the investment management company’s stock valued at $1,201,000 after purchasing an additional 4,699 shares in the last quarter. Stephens Inc. AR grew its position in shares of ClearBridge Energy Midstream Opportunity Fund by 6.1% during the first quarter. Stephens Inc. AR now owns 4,653 shares of the investment management company’s stock valued at $231,000 after purchasing an additional 269 shares in the last quarter. Finally, LPL Financial LLC grew its position in shares of ClearBridge Energy Midstream Opportunity Fund by 2.9% during the first quarter. LPL Financial LLC now owns 44,689 shares of the investment management company’s stock valued at $2,217,000 after purchasing an additional 1,272 shares in the last quarter.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of ClearBridge Energy Midstream Opportunity Fund stock opened at $47.93 on Wednesday. The business has a 50-day moving average price of $47.52 and a 200-day moving average price of $46.85. ClearBridge Energy Midstream Opportunity Fund Inc has a twelve month low of $39.00 and a twelve month high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 24th will be given a dividend of $0.36 per share. The ex-dividend date is Friday, October 24th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%.

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.