Edgemoor Investment Advisors Inc. Increases Stake in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Edgemoor Investment Advisors Inc. lifted its stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMOFree Report) by 36.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 73,906 shares of the investment management company’s stock after buying an additional 19,899 shares during the quarter. Edgemoor Investment Advisors Inc.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $3,300,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Cetera Investment Advisers lifted its stake in ClearBridge Energy Midstream Opportunity Fund by 9.0% in the second quarter. Cetera Investment Advisers now owns 9,204 shares of the investment management company’s stock worth $442,000 after acquiring an additional 761 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 11,934 shares of the investment management company’s stock valued at $572,000 after purchasing an additional 990 shares during the last quarter. Invesco Ltd. increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% in the 2nd quarter. Invesco Ltd. now owns 58,066 shares of the investment management company’s stock valued at $2,785,000 after purchasing an additional 4,778 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 1.5% in the 2nd quarter. First Trust Advisors LP now owns 17,854 shares of the investment management company’s stock valued at $856,000 after purchasing an additional 269 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 1.7% in the 2nd quarter. Raymond James Financial Inc. now owns 650,976 shares of the investment management company’s stock valued at $31,227,000 after purchasing an additional 11,188 shares in the last quarter.

ClearBridge Energy Midstream Opportunity Fund Stock Down 1.9%

ClearBridge Energy Midstream Opportunity Fund stock opened at $49.57 on Friday. The company has a fifty day simple moving average of $50.97 and a 200-day simple moving average of $48.40. ClearBridge Energy Midstream Opportunity Fund Inc has a 12-month low of $41.54 and a 12-month high of $54.90.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be issued a dividend of $0.36 per share. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Monday, August 24th.

About ClearBridge Energy Midstream Opportunity Fund

(Free Report)

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.

See Also

Institutional Ownership by Quarter for ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO)

Receive News & Ratings for ClearBridge Energy Midstream Opportunity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearBridge Energy Midstream Opportunity Fund and related companies with MarketBeat.com's FREE daily email newsletter.