Argentarii LLC Makes New $422,000 Investment in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Argentarii LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,066 shares of the investment management company’s stock, valued at approximately $422,000.

A number of other institutional investors also recently modified their holdings of the company. Hobbs Group Advisors LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth approximately $68,000. Activest Wealth Management acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at $95,000. Noble Wealth Management PBC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at $157,000. Stephens Inc. AR acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at $204,000. Finally, Peregrine Asset Advisers Inc. acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at $217,000.

ClearBridge Energy Midstream Opportunity Fund Trading Up 1.0 %

Shares of EMO stock opened at $47.03 on Friday. The company has a fifty day moving average price of $48.82 and a two-hundred day moving average price of $45.83. ClearBridge Energy Midstream Opportunity Fund Inc has a one year low of $36.71 and a one year high of $51.87.

ClearBridge Energy Midstream Opportunity Fund Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 24th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from ClearBridge Energy Midstream Opportunity Fund’s previous dividend of $0.33.

Insider Buying and Selling at ClearBridge Energy Midstream Opportunity Fund

In other news, insider Franklin Resources Inc sold 2,209 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $46.04, for a total transaction of $101,702.36. Following the completion of the sale, the insider now owns 28,000 shares in the company, valued at approximately $1,289,120. This trade represents a 7.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 14,523 shares of company stock worth $682,165 over the last quarter.

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.