Yakira Capital Management Inc. Lowers Stock Holdings in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Yakira Capital Management Inc. reduced its stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) by 90.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,641 shares of the investment management company’s stock after selling 241,178 shares during the quarter. Yakira Capital Management Inc.’s holdings in ClearBridge Energy Midstream Opportunity Fund were worth $1,145,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of EMO. Nomura Holdings Inc. purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 3rd quarter valued at approximately $7,085,000. Sit Investment Associates Inc. grew its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 16.2% in the 4th quarter. Sit Investment Associates Inc. now owns 777,688 shares of the investment management company’s stock valued at $34,724,000 after purchasing an additional 108,345 shares during the last quarter. Absolute Investment Advisers LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $3,746,000. Blue Bell Private Wealth Management LLC grew its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 845.4% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 48,981 shares of the investment management company’s stock valued at $2,187,000 after purchasing an additional 43,800 shares during the last quarter. Finally, Wright Wealth LLC purchased a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the 4th quarter valued at approximately $1,398,000.

ClearBridge Energy Midstream Opportunity Fund Trading Up 0.0%

Shares of EMO stock opened at $50.31 on Monday. ClearBridge Energy Midstream Opportunity Fund Inc has a twelve month low of $41.54 and a twelve month high of $54.90. The business’s 50 day moving average is $50.40 and its two-hundred day moving average is $48.90.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be paid a $0.36 dividend. The ex-dividend date is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%.

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.