Penserra Capital Management LLC Invests $5.84 Million in ClearBridge Energy Midstream Opportunity Fund Inc $EMO

Penserra Capital Management LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 130,103 shares of the investment management company’s stock, valued at approximately $5,844,000.

A number of other large investors have also bought and sold shares of the business. Terril Brothers Inc. bought a new position in ClearBridge Energy Midstream Opportunity Fund in the second quarter valued at approximately $1,078,000. Raymond James Financial Inc. increased its position 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 worth $31,227,000 after acquiring an additional 11,188 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 15.5% during the second quarter. Ameriprise Financial Inc. now owns 74,508 shares of the investment management company’s stock worth $3,574,000 after acquiring an additional 10,026 shares during the period. Jane Street Group LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at $397,000. Finally, Osaic Holdings Inc. boosted its stake in ClearBridge Energy Midstream Opportunity Fund by 16.4% in the 2nd quarter. Osaic Holdings Inc. now owns 58,229 shares of the investment management company’s stock worth $2,794,000 after purchasing an additional 8,219 shares during the period.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.1%

EMO stock opened at $47.63 on Friday. The stock has a 50-day moving average price of $45.54 and a two-hundred day moving average price of $45.40. ClearBridge Energy Midstream Opportunity Fund Inc has a 1 year low of $39.65 and a 1 year high of $51.00.

ClearBridge Energy Midstream Opportunity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be given a $0.36 dividend. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend is Friday, February 20th.

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.