EP Wealth Advisors LLC Makes New $14.90 Million Investment in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

EP Wealth Advisors LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 297,457 shares of the investment management company’s stock, valued at approximately $14,903,000.

Other institutional investors have also made changes to their positions in the company. Sit Investment Associates Inc. increased its holdings in ClearBridge Energy Midstream Opportunity Fund by 16.2% in the fourth quarter. Sit Investment Associates Inc. now owns 777,688 shares of the investment management company’s stock worth $34,724,000 after buying an additional 108,345 shares during the last quarter. Raymond James Financial Inc. lifted its stake in ClearBridge Energy Midstream Opportunity Fund by 1.7% in the second quarter. Raymond James Financial Inc. now owns 650,976 shares of the investment management company’s stock valued at $31,227,000 after acquiring an additional 11,188 shares during the last quarter. Royal Bank of Canada grew its position in ClearBridge Energy Midstream Opportunity Fund by 0.9% in the first quarter. Royal Bank of Canada now owns 270,443 shares of the investment management company’s stock worth $14,284,000 after acquiring an additional 2,281 shares in the last quarter. Nomura Holdings Inc. bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the third quarter worth approximately $7,085,000. Finally, Ameriprise Financial Inc. increased its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 15.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 74,508 shares of the investment management company’s stock worth $3,574,000 after purchasing an additional 10,026 shares during the last quarter.

ClearBridge Energy Midstream Opportunity Fund Stock Down 0.1%

EMO stock opened at $54.56 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a 1 year low of $41.54 and a 1 year high of $54.93. The company has a fifty day simple moving average of $51.21 and a 200 day simple moving average of $50.95.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be issued a dividend of $0.41 per share. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date is Friday, November 20th.

ClearBridge Energy Midstream Opportunity Fund Company Profile

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) is a closed-end management investment company that seeks to provide a combination of current distribution income and capital appreciation. The fund primarily targets equities and equity-related securities of companies in the energy midstream sector, including entities involved in the gathering, processing, transportation and storage of natural gas, crude oil and natural gas liquids.

EMO’s portfolio typically includes common stocks, convertible securities and interests in master limited partnerships (MLPs) and other energy infrastructure partnerships.