Royal Bank of Canada raised its position in ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) by 31.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 527,416 shares of the investment management company’s stock after buying an additional 127,287 shares during the period. Royal Bank of Canada’s holdings in ClearBridge American Energy MLP Fund were worth $4,741,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. RFG Advisory Group LLC purchased a new position in ClearBridge American Energy MLP Fund in the 2nd quarter valued at about $107,000. Janney Montgomery Scott LLC boosted its position in ClearBridge American Energy MLP Fund by 20.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 21,748 shares of the investment management company’s stock valued at $196,000 after buying an additional 3,623 shares during the last quarter. Doliver Capital Advisors LP boosted its position in ClearBridge American Energy MLP Fund by 19.5% in the 2nd quarter. Doliver Capital Advisors LP now owns 88,253 shares of the investment management company’s stock valued at $793,000 after buying an additional 14,425 shares during the last quarter. Citigroup Inc. boosted its position in ClearBridge American Energy MLP Fund by 23.3% in the 2nd quarter. Citigroup Inc. now owns 105,787 shares of the investment management company’s stock valued at $951,000 after buying an additional 19,986 shares during the last quarter. Finally, Advisory Alpha LLC purchased a new position in ClearBridge American Energy MLP Fund in the 2nd quarter valued at about $1,240,000. 20.71% of the stock is owned by institutional investors.

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ClearBridge American Energy MLP Fund Inc. (CBA) opened at 8.12 on Friday. The firm has a 50-day moving average of $8.44 and a 200-day moving average of $8.89. ClearBridge American Energy MLP Fund Inc. has a 52-week low of $7.89 and a 52-week high of $10.54.

ClearBridge American Energy MLP Fund Company Profile

ClearBridge American Energy MLP Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return, with an equal emphasis on current distributions and capital appreciation. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

Institutional Ownership by Quarter for ClearBridge American Energy MLP Fund (NYSE:CBA)

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