ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Insider Sells $101,702.36 in Stock

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) insider Franklin Resources Inc sold 2,209 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $46.04, for a total transaction of $101,702.36. Following the sale, the insider now directly owns 28,000 shares in the company, valued at $1,289,120. This trade represents a 7.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Franklin Resources Inc also recently made the following trade(s):

• On Tuesday, December 10th, Franklin Resources Inc sold 2,610 shares of ClearBridge Energy Midstream Opportunity Fund stock. The stock was sold at an average price of $47.43, for a total transaction of $123,792.30.
• On Friday, October 18th, Franklin Resources Inc sold 7,900 shares of ClearBridge Energy Midstream Opportunity Fund stock. The shares were sold at an average price of $43.71, for a total transaction of $345,309.00.
• On Wednesday, October 16th, Franklin Resources Inc sold 8,467 shares of ClearBridge Energy Midstream Opportunity Fund stock. The stock was sold at an average price of $43.69, for a total value of $369,923.23.
• On Monday, October 14th, Franklin Resources Inc sold 7,657 shares of ClearBridge Energy Midstream Opportunity Fund stock. The shares were sold at an average price of $43.90, for a total value of $336,142.30.

ClearBridge Energy Midstream Opportunity Fund Trading Down 2.1 %

Shares of NYSE EMO opened at $44.44 on Thursday. ClearBridge Energy Midstream Opportunity Fund Inc has a 12 month low of $32.96 and a 12 month high of $50.73. The stock has a 50 day moving average of $46.26 and a 200-day moving average of $42.78.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be given a $0.33 dividend. This represents a $3.96 annualized dividend and a dividend yield of 8.91%. The ex-dividend date of this dividend is Monday, December 23rd.

Institutional Trading of ClearBridge Energy Midstream Opportunity Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisors Asset Management Inc. lifted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 274.4% during the third quarter. Advisors Asset Management Inc. now owns 670,952 shares of the investment management company’s stock worth $28,314,000 after buying an additional 491,725 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at about $13,024,000. Stifel Financial Corp acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at approximately $4,542,000. Franklin Resources Inc. bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter worth $3,220,000. Finally, Delphi Financial Group Inc. bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth $2,648,000.

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.