Kingsview Wealth Management LLC Decreases Stock Position in ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR)

Kingsview Wealth Management LLC decreased its holdings in shares of ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR) by 1.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 32,321 shares of the investment management company’s stock after selling 476 shares during the period. Kingsview Wealth Management LLC’s holdings in ClearBridge MLP and Midstream Total Return Fund were worth $1,341,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of CTR. Kingswood Wealth Advisors LLC acquired a new stake in ClearBridge MLP and Midstream Total Return Fund during the 4th quarter worth about $257,000. Delphi Financial Group Inc. acquired a new position in ClearBridge MLP and Midstream Total Return Fund in the 4th quarter worth approximately $931,000. Realta Investment Advisors purchased a new position in ClearBridge MLP and Midstream Total Return Fund during the 4th quarter worth approximately $211,000. Choreo LLC purchased a new position in ClearBridge MLP and Midstream Total Return Fund during the 4th quarter worth approximately $220,000. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of ClearBridge MLP and Midstream Total Return Fund by 3.4% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 13,615 shares of the investment management company’s stock valued at $493,000 after acquiring an additional 449 shares during the last quarter.

ClearBridge MLP and Midstream Total Return Fund Stock Performance

Shares of CTR stock traded down $0.52 on Friday, hitting $40.75. The company had a trading volume of 2,541 shares, compared to its average volume of 17,122. ClearBridge MLP and Midstream Total Return Fund Inc. has a twelve month low of $29.33 and a twelve month high of $44.22. The company has a 50-day moving average price of $41.68 and a 200-day moving average price of $39.95.

ClearBridge MLP and Midstream Total Return Fund Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 6.87%. ClearBridge MLP and Midstream Total Return Fund’s payout ratio is 205.88%.

ClearBridge MLP and Midstream Total Return Fund Profile

ClearBridge MLP and Midstream Total Return Fund Inc is an open ended equity mutual fund of funds launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by ClearBridge Investments, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy sector.