ClearBridge Energy MLP Opp Fund Inc (EMO) CEO Purchases $32,580.00 in Stock

ClearBridge Energy MLP Opp Fund Inc (NYSE:EMO) CEO Terrence Murphy purchased 3,000 shares of ClearBridge Energy MLP Opp Fund stock in a transaction that occurred on Friday, December 8th. The stock was acquired at an average price of $10.86 per share, with a total value of $32,580.00. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

ClearBridge Energy MLP Opp Fund Inc (NYSE EMO) traded down $0.07 during mid-day trading on Thursday, reaching $11.26. 258,700 shares of the company traded hands, compared to its average volume of 122,821. ClearBridge Energy MLP Opp Fund Inc has a 1 year low of $9.92 and a 1 year high of $14.29.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Friday, November 24th were given a $0.32 dividend. The ex-dividend date of this dividend was Wednesday, November 22nd. This represents a $1.28 annualized dividend and a yield of 11.37%.

A number of hedge funds have recently added to or reduced their stakes in the stock. Dorsey & Whitney Trust CO LLC raised its position in ClearBridge Energy MLP Opp Fund by 2.4% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 10,643 shares of the investment management company’s stock valued at $136,000 after purchasing an additional 253 shares during the last quarter. Janney Montgomery Scott LLC raised its position in ClearBridge Energy MLP Opp Fund by 3.2% in the 2nd quarter. Janney Montgomery Scott LLC now owns 36,785 shares of the investment management company’s stock valued at $469,000 after purchasing an additional 1,150 shares during the last quarter. Stephens Inc. AR raised its position in ClearBridge Energy MLP Opp Fund by 16.5% in the 2nd quarter. Stephens Inc. AR now owns 14,804 shares of the investment management company’s stock valued at $189,000 after purchasing an additional 2,098 shares during the last quarter. BB&T Securities LLC raised its position in ClearBridge Energy MLP Opp Fund by 24.0% in the 2nd quarter. BB&T Securities LLC now owns 17,286 shares of the investment management company’s stock valued at $220,000 after purchasing an additional 3,351 shares during the last quarter. Finally, D.A. Davidson & CO. raised its position in ClearBridge Energy MLP Opp Fund by 21.2% in the 2nd quarter. D.A. Davidson & CO. now owns 25,812 shares of the investment management company’s stock valued at $329,000 after purchasing an additional 4,515 shares during the last quarter.

COPYRIGHT VIOLATION NOTICE: This story was first reported by Community Financial News and is the property of of Community Financial News. If you are viewing this story on another website, it was illegally copied and reposted in violation of international trademark and copyright legislation. The correct version of this story can be viewed at https://www.com-unik.info/2017/12/14/clearbridge-energy-mlp-opp-fund-inc-emo-ceo-purchases-32580-00-in-stock.html.

ClearBridge Energy MLP Opp Fund Company Profile

ClearBridge Energy MLP Opportunity Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide long-term investors a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

Insider Buying and Selling by Quarter for ClearBridge Energy MLP Opp Fund (NYSE:EMO)

What are top analysts saying about ClearBridge Energy MLP Opp Fund? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for ClearBridge Energy MLP Opp Fund and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit