Delphi Financial Group Inc. Acquires New Holdings in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO)

Delphi Financial Group Inc. bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 62,757 shares of the investment management company’s stock, valued at approximately $2,648,000. ClearBridge Energy Midstream Opportunity Fund accounts for 1.5% of Delphi Financial Group Inc.’s investment portfolio, making the stock its 12th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gilliland Jeter Wealth Management LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at about $31,000. Bogart Wealth LLC bought a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth about $37,000. Robinson Capital Management LLC lifted its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 14.7% in the 1st quarter. Robinson Capital Management LLC now owns 15,600 shares of the investment management company’s stock worth $637,000 after acquiring an additional 2,000 shares during the period. Eagle Bay Advisors LLC bought a new position in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter valued at approximately $161,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 47.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,090 shares of the investment management company’s stock valued at $532,000 after acquiring an additional 4,190 shares during the period.

Insider Activity at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 8,467 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $43.69, for a total value of $369,923.23. Following the sale, the insider now directly owns 51,019 shares in the company, valued at approximately $2,229,020.11. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 24,024 shares of company stock valued at $1,051,375 over the last 90 days.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

EMO traded down $0.24 during trading on Friday, reaching $46.13. The stock had a trading volume of 8,074 shares, compared to its average volume of 30,558. The stock has a 50 day moving average of $42.46 and a two-hundred day moving average of $41.54. ClearBridge Energy Midstream Opportunity Fund Inc has a 1-year low of $31.39 and a 1-year high of $46.64.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be issued a $0.33 dividend. The ex-dividend date is Thursday, November 21st. This represents a $3.96 annualized dividend and a dividend yield of 8.58%.

ClearBridge Energy Midstream Opportunity Fund Profile

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.