XML Financial LLC Invests $230,000 in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

XML Financial LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,950 shares of the investment management company’s stock, valued at approximately $230,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Gilliland Jeter Wealth Management LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $31,000. Bogart Wealth LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter worth $37,000. Hobbs Group Advisors LLC acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter valued at $68,000. Activest Wealth Management purchased a new stake in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth $95,000. Finally, Eagle Bay Advisors LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at $161,000.

Insider Activity

In other news, insider Franklin Resources Inc sold 2,610 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $47.43, for a total transaction of $123,792.30. Following the completion of the transaction, the insider now directly owns 32,909 shares in the company, valued at approximately $1,560,873.87. This represents a 7.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE:EMO opened at $51.04 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a 12 month low of $34.56 and a 12 month high of $51.87. The business’s 50-day moving average is $47.89 and its two-hundred day moving average is $43.86.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, February 3rd. Investors of record on Monday, January 27th will be given a dividend of $0.33 per share. This represents a yield of 7.75%. The ex-dividend date of this dividend is Friday, January 24th.

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.