Fiduciary/Claymore MLP Opportunity Fund (NYSE:FMO) shares reached a new 52-week low during trading on Monday . The company traded as low as $9.77 and last traded at $9.72, with a volume of 3094 shares changing hands. The stock had previously closed at $9.79.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 30th. Shareholders of record on Thursday, November 15th will be given a dividend of $0.323 per share. This represents a $1.29 annualized dividend and a yield of 13.31%. The ex-dividend date is Wednesday, November 14th.

A number of institutional investors have recently modified their holdings of the business. NINE MASTS CAPITAL Ltd grew its position in Fiduciary/Claymore MLP Opportunity Fund by 27.9% during the 3rd quarter. NINE MASTS CAPITAL Ltd now owns 66,900 shares of the investment management company’s stock worth $817,000 after purchasing an additional 14,600 shares during the last quarter. Advisors Asset Management Inc. grew its position in Fiduciary/Claymore MLP Opportunity Fund by 20.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 610,403 shares of the investment management company’s stock worth $7,453,000 after purchasing an additional 104,986 shares during the last quarter. Baird Financial Group Inc. purchased a new position in Fiduciary/Claymore MLP Opportunity Fund during the 3rd quarter worth $140,000. Virtu Financial LLC purchased a new position in Fiduciary/Claymore MLP Opportunity Fund during the 3rd quarter worth $141,000. Finally, Quadrant Private Wealth Management LLC grew its position in Fiduciary/Claymore MLP Opportunity Fund by 9.1% during the 3rd quarter. Quadrant Private Wealth Management LLC now owns 235,348 shares of the investment management company’s stock worth $2,874,000 after purchasing an additional 19,595 shares during the last quarter.

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About Fiduciary/Claymore MLP Opportunity Fund (NYSE:FMO)

Fiduciary/Claymore MLP Opportunity Fund is a closed ended equity mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is co-managed by Advisory Research, Inc The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating diversified gas infrastructure, midstream oil infrastructure, propane, oil and gas production, coal and marine transportation sectors.

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