ClearBridge Energy Midstream Opportunity Fund Inc $EMO Position Trimmed by M&T Bank Corp

M&T Bank Corp decreased its holdings in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 50.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,913 shares of the investment management company’s stock after selling 18,913 shares during the period. M&T Bank Corp’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $844,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in EMO. Nomura Holdings Inc. bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at $7,085,000. Penserra Capital Management LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at $5,844,000. Absolute Investment Advisers LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the fourth quarter valued at $3,746,000. Quarry LP bought a new stake in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at $696,000. Finally, Raymond James Financial Inc. boosted its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 1.7% during the second quarter. Raymond James Financial Inc. now owns 650,976 shares of the investment management company’s stock valued at $31,227,000 after acquiring an additional 11,188 shares during the period.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of EMO opened at $49.50 on Monday. ClearBridge Energy Midstream Opportunity Fund Inc has a 1 year low of $41.54 and a 1 year high of $54.90. The firm has a fifty day moving average of $51.20 and a 200-day moving average of $47.47.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 8.7%.

ClearBridge Energy Midstream Opportunity Fund 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.