Capstone Investment Advisors LLC Purchases New Shares in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Capstone Investment Advisors LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 19,073 shares of the investment management company’s stock, valued at approximately $956,000.

A number of other hedge funds have also recently added to or reduced their stakes in EMO. Sound Income Strategies LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the 1st quarter valued at about $26,000. Allworth Financial LP acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the second quarter worth approximately $30,000. Thomas J. Herzfeld Advisors Inc. bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the fourth quarter valued at approximately $45,000. Kestra Advisory Services LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at approximately $119,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at approximately $197,000.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

EMO stock opened at $54.71 on Friday. The company has a 50 day moving average price of $51.64 and a 200 day moving average price of $51.15. ClearBridge Energy Midstream Opportunity Fund Inc has a fifty-two week low of $41.54 and a fifty-two week high of $55.18.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be issued a $0.41 dividend. The ex-dividend date is Friday, November 20th. This represents a c) annualized dividend and a yield of 9.0%.

ClearBridge Energy Midstream Opportunity Fund Profile

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) is a closed-end management investment company that seeks to provide a combination of current distribution income and capital appreciation. The fund primarily targets equities and equity-related securities of companies in the energy midstream sector, including entities involved in the gathering, processing, transportation and storage of natural gas, crude oil and natural gas liquids.

EMO’s portfolio typically includes common stocks, convertible securities and interests in master limited partnerships (MLPs) and other energy infrastructure partnerships.