Walleye Capital LLC Takes Position in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Walleye Capital LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,831 shares of the investment management company’s stock, valued at approximately $879,000.

Several other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter valued at approximately $384,000. Private Trust Co. NA purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth $232,000. Kingsview Wealth Management LLC increased its holdings in ClearBridge Energy Midstream Opportunity Fund by 423.7% in the 3rd quarter. Kingsview Wealth Management LLC now owns 39,343 shares of the investment management company’s stock worth $1,660,000 after acquiring an additional 31,831 shares in the last quarter. Icon Wealth Advisors LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth $658,000. Finally, Activest Wealth Management purchased a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth $95,000.

Insider Buying and Selling

In related news, insider Franklin Resources Inc sold 8,467 shares of the business’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $43.69, for a total value of $369,923.23. Following the completion of the sale, the insider now owns 51,019 shares of the company’s stock, valued at approximately $2,229,020.11. The trade was a 14.23 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders sold 24,024 shares of company stock valued at $1,051,375.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of NYSE EMO opened at $49.00 on Friday. The firm has a fifty day moving average of $45.60 and a 200 day moving average of $42.52. ClearBridge Energy Midstream Opportunity Fund Inc has a one year low of $32.21 and a one year high of $50.73.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be issued a $0.33 dividend. This represents a $3.96 annualized dividend and a yield of 8.08%. The ex-dividend date is Monday, December 23rd.

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.