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

EP Wealth Advisors LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 297,457 shares of the investment management company’s stock, valued at approximately $14,903,000.

A number of other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the first quarter worth $26,000. Allworth Financial LP acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at $30,000. Thomas J. Herzfeld Advisors Inc. acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $45,000. Kestra Advisory Services LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at $119,000. Finally, Concurrent Investment Advisors LLC bought a new position in ClearBridge Energy Midstream Opportunity Fund in the 4th quarter worth $205,000.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.1%

Shares of EMO opened at $54.56 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a one year low of $41.54 and a one year high of $54.93. The company’s fifty day moving average price is $51.21 and its 200 day moving average price is $50.95.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 20th will be given a $0.41 dividend. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend 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.