Hollencrest Capital Management Lowers Holdings in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Hollencrest Capital Management lowered its position in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 88.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,777 shares of the investment management company’s stock after selling 35,280 shares during the quarter. Hollencrest Capital Management’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $197,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Edgemoor Investment Advisors Inc. acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at approximately $1,861,000. Wealth Enhancement Advisory Services LLC lifted its holdings in ClearBridge Energy Midstream Opportunity Fund by 60.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 21,044 shares of the investment management company’s stock valued at $867,000 after acquiring an additional 7,954 shares during the period. Alpine Global Management LLC boosted its position in shares of ClearBridge Energy Midstream Opportunity Fund by 42.2% during the 1st quarter. Alpine Global Management LLC now owns 90,000 shares of the investment management company’s stock worth $3,655,000 after purchasing an additional 26,700 shares in the last quarter. Robinson Capital Management LLC grew its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 14.7% during the 1st quarter. Robinson Capital Management LLC now owns 15,600 shares of the investment management company’s stock worth $637,000 after purchasing an additional 2,000 shares during the period. Finally, Pasadena Private Wealth LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 1st quarter valued at about $223,000.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.4 %

Shares of NYSE EMO opened at $41.96 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a 52 week low of $29.31 and a 52 week high of $43.76. The firm has a 50-day moving average price of $40.28 and a 200 day moving average price of $40.71.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $3.96 dividend on an annualized basis and a dividend yield of 9.44%.

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.