Concorde Asset Management LLC Sells 540 Shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Concorde Asset Management LLC decreased its stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 7.9% in the 4th quarter, Holdings Channel reports. The fund owned 6,282 shares of the investment management company’s stock after selling 540 shares during the quarter. Concorde Asset Management LLC’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $292,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in EMO. HighTower Advisors LLC acquired a new position in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter worth $1,030,000. Integrated Wealth Concepts LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at about $325,000. Stifel Financial Corp acquired a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter worth about $4,542,000. MML Investors Services LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter worth about $579,000. Finally, M&T Bank Corp acquired a new stake in ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at approximately $798,000.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

NYSE EMO opened at $42.20 on Friday. ClearBridge Energy Midstream Opportunity Fund Inc has a 52 week low of $36.71 and a 52 week high of $51.87. The stock’s 50 day moving average price is $48.10 and its two-hundred day moving average price is $46.99.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a dividend of $0.36 per share. This represents a yield of 8.69%. The ex-dividend date of this dividend was Monday, March 24th.

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.