ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 512.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,705 shares of the investment management company’s stock after purchasing an additional 10,631 shares during the quarter. JPMorgan Chase & Co.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $536,000 at the end of the most recent reporting period.

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

ClearBridge Energy Midstream Opportunity Fund Stock Performance

NYSE EMO opened at $49.39 on Wednesday. ClearBridge Energy Midstream Opportunity Fund Inc has a one year low of $35.00 and a one year high of $51.87. The firm’s fifty day moving average is $47.98 and its two-hundred day moving average is $44.10.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Monday, January 27th will be issued a $0.33 dividend. This represents a yield of 7.75%. The ex-dividend date of this dividend is Friday, January 24th.

Insider Activity at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, 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 value of $101,702.36. Following the sale, the insider now owns 28,000 shares of the company’s stock, valued at approximately $1,289,120. This represents a 7.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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.