Cambridge Investment Research Advisors Inc. acquired a new stake in ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 135,659 shares of the investment management company’s stock, valued at approximately $1,163,000. Cambridge Investment Research Advisors Inc. owned about 0.23% of ClearBridge American Energy MLP Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. RFG Advisory Group LLC acquired a new position in ClearBridge American Energy MLP Fund in the second quarter valued at approximately $107,000. San Francisco Sentry Investment Group CA acquired a new position in ClearBridge American Energy MLP Fund in the second quarter valued at approximately $121,000. Janney Montgomery Scott LLC lifted its holdings in ClearBridge American Energy MLP Fund by 20.0% in the second quarter. Janney Montgomery Scott LLC now owns 21,748 shares of the investment management company’s stock valued at $196,000 after acquiring an additional 3,623 shares during the last quarter. HighPoint Advisor Group LLC lifted its holdings in ClearBridge American Energy MLP Fund by 14.4% in the third quarter. HighPoint Advisor Group LLC now owns 50,100 shares of the investment management company’s stock valued at $396,000 after acquiring an additional 6,300 shares during the last quarter. Finally, Doliver Capital Advisors LP lifted its holdings in ClearBridge American Energy MLP Fund by 19.5% in the second quarter. Doliver Capital Advisors LP now owns 88,253 shares of the investment management company’s stock valued at $793,000 after acquiring an additional 14,425 shares during the last quarter. Hedge funds and other institutional investors own 21.07% of the company’s stock.

ClearBridge American Energy MLP Fund Inc. (CBA) opened at $7.53 on Wednesday. ClearBridge American Energy MLP Fund Inc. has a twelve month low of $7.34 and a twelve month high of $10.54.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Friday, November 24th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 10.62%. The ex-dividend date is Wednesday, November 22nd.

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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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