Insider Selling: Clearbridge MLP and Midstream Fund Inc (CEM) Insider Sells 1,608 Shares of Stock

Clearbridge MLP and Midstream Fund Inc (NYSE:CEM) insider Barbara Brooke Manning sold 1,608 shares of Clearbridge MLP and Midstream Fund stock in a transaction on Tuesday, December 4th. The shares were sold at an average price of $12.12, for a total transaction of $19,488.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NYSE:CEM opened at $11.67 on Friday. Clearbridge MLP and Midstream Fund Inc has a fifty-two week low of $11.32 and a fifty-two week high of $17.36.

The company also recently announced a quarterly dividend, which was paid on Friday, November 30th. Stockholders of record on Friday, November 23rd were issued a $0.355 dividend. This represents a $1.42 annualized dividend and a dividend yield of 12.17%. The ex-dividend date of this dividend was Wednesday, November 21st.

Several large investors have recently modified their holdings of CEM. Janney Montgomery Scott LLC boosted its holdings in shares of Clearbridge MLP and Midstream Fund by 17.2% in the second quarter. Janney Montgomery Scott LLC now owns 41,509 shares of the investment management company’s stock valued at $587,000 after acquiring an additional 6,080 shares in the last quarter. Oxbow Advisors LLC boosted its holdings in shares of Clearbridge MLP and Midstream Fund by 27.2% in the second quarter. Oxbow Advisors LLC now owns 119,410 shares of the investment management company’s stock valued at $1,687,000 after acquiring an additional 25,505 shares in the last quarter. Parkside Investments LLC boosted its holdings in shares of Clearbridge MLP and Midstream Fund by 49.7% in the second quarter. Parkside Investments LLC now owns 214,371 shares of the investment management company’s stock valued at $3,113,000 after acquiring an additional 71,211 shares in the last quarter. Stephens Inc. AR boosted its holdings in shares of Clearbridge MLP and Midstream Fund by 12.6% in the second quarter. Stephens Inc. AR now owns 106,362 shares of the investment management company’s stock valued at $1,503,000 after acquiring an additional 11,884 shares in the last quarter. Finally, BB&T Securities LLC boosted its holdings in shares of Clearbridge MLP and Midstream Fund by 238.9% in the second quarter. BB&T Securities LLC now owns 73,154 shares of the investment management company’s stock valued at $1,033,000 after acquiring an additional 51,571 shares in the last quarter.

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Clearbridge MLP and Midstream Fund Company Profile

ClearBridge Energy MLP 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 Advisors, 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.

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