Raymond James & Associates Cuts Stake in ClearBridge MLP and Midstream Fund Inc (NYSE:CEM)

Raymond James & Associates lessened its holdings in ClearBridge MLP and Midstream Fund Inc (NYSE:CEM) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,448 shares of the investment management company’s stock after selling 329 shares during the period. Raymond James & Associates’ holdings in ClearBridge MLP and Midstream Fund were worth $699,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. GPS Wealth Strategies Group LLC boosted its holdings in ClearBridge MLP and Midstream Fund by 12.1% in the third quarter. GPS Wealth Strategies Group LLC now owns 3,762 shares of the investment management company’s stock valued at $133,000 after purchasing an additional 406 shares during the period. Clough Capital Partners L P purchased a new position in shares of ClearBridge MLP and Midstream Fund in the 3rd quarter valued at about $266,000. HighTower Advisors LLC grew its position in shares of ClearBridge MLP and Midstream Fund by 20.4% during the third quarter. HighTower Advisors LLC now owns 7,980 shares of the investment management company’s stock worth $282,000 after buying an additional 1,354 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of ClearBridge MLP and Midstream Fund by 5.6% during the third quarter. D.A. Davidson & CO. now owns 10,543 shares of the investment management company’s stock worth $371,000 after buying an additional 563 shares during the period. Finally, IFP Advisors Inc increased its stake in shares of ClearBridge MLP and Midstream Fund by 3.0% during the third quarter. IFP Advisors Inc now owns 13,894 shares of the investment management company’s stock worth $489,000 after buying an additional 401 shares during the period.

ClearBridge MLP and Midstream Fund Trading Up 0.4 %

Shares of ClearBridge MLP and Midstream Fund stock opened at $45.93 on Wednesday. ClearBridge MLP and Midstream Fund Inc has a 52-week low of $30.70 and a 52-week high of $46.79. The company has a 50 day moving average of $44.05 and a 200 day moving average of $40.11.

ClearBridge MLP and Midstream Fund 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.