Aristides Capital LLC Grows Stock Position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Aristides Capital LLC lifted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 12.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 19,636 shares of the investment management company’s stock after acquiring an additional 2,120 shares during the period. Aristides Capital LLC’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $914,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth approximately $29,885,000. EP Wealth Advisors LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter worth $13,024,000. Proficio Capital Partners LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the fourth quarter valued at $6,504,000. Stifel Financial Corp acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at $4,542,000. Finally, Franklin Resources Inc. acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth about $3,220,000.

Insider Buying and Selling

In related news, insider Franklin Resources Inc sold 9,704 shares of the business’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $47.06, for a total transaction of $456,670.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

ClearBridge Energy Midstream Opportunity Fund Trading Down 8.7 %

ClearBridge Energy Midstream Opportunity Fund stock opened at $44.31 on Friday. The business’s 50-day simple moving average is $48.97 and its two-hundred day simple moving average is $47.02. ClearBridge Energy Midstream Opportunity Fund Inc has a fifty-two week low of $36.71 and a fifty-two week high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were given a $0.36 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a yield of 8.69%.

ClearBridge Energy Midstream Opportunity Fund Company Profile

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.