Kingsview Wealth Management LLC Makes New $1.98 Million Investment in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Kingsview Wealth Management LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 39,564 shares of the investment management company’s stock, valued at approximately $1,982,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sound Income Strategies LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the 1st quarter valued at $26,000. Allworth Financial LP bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at about $30,000. Thomas J. Herzfeld Advisors Inc. bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at about $45,000. Kestra Advisory Services LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at about $119,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in ClearBridge Energy Midstream Opportunity Fund during the second quarter worth about $197,000.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE EMO opened at $55.20 on Friday. The firm has a 50-day moving average price of $51.77 and a two-hundred day moving average price of $51.18. ClearBridge Energy Midstream Opportunity Fund Inc has a 12-month low of $41.54 and a 12-month high of $55.24.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a c) dividend on an annualized basis and a yield of 8.9%.

ClearBridge Energy Midstream Opportunity Fund Company 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.