Janney Montgomery Scott LLC Takes $220,000 Position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Janney Montgomery Scott LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,728 shares of the investment management company’s stock, valued at approximately $220,000.

Several other large investors have also recently bought and sold shares of EMO. Advisors Asset Management Inc. raised its position in 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 valued at $28,314,000 after buying an additional 491,725 shares during the period. EP Wealth Advisors LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at $13,024,000. Stifel Financial Corp acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at $4,542,000. Franklin Resources Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at $3,220,000. Finally, Delphi Financial Group Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at $2,648,000.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE:EMO opened at $48.41 on Thursday. ClearBridge Energy Midstream Opportunity Fund Inc has a 1-year low of $35.38 and a 1-year high of $51.87. The business’s fifty day moving average price is $48.01 and its 200 day moving average price is $44.72.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

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

Insiders Place Their Bets

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 2,209 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $46.04, for a total value of $101,702.36. Following the transaction, the insider now directly owns 28,000 shares of the company’s stock, valued at $1,289,120. This represents a 7.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

ClearBridge Energy Midstream Opportunity Fund 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.