ClearBridge MLP and Midstream Total Return Fund (NYSE:CTR) Shares Cross Below Two Hundred Day Moving Average of $40.79

ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE:CTR)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $40.79 and traded as low as $40.26. ClearBridge MLP and Midstream Total Return Fund shares last traded at $40.29, with a volume of 3,499 shares changing hands.

ClearBridge MLP and Midstream Total Return Fund Price Performance

The firm has a 50-day simple moving average of $40.19 and a two-hundred day simple moving average of $40.79.

ClearBridge MLP and Midstream Total Return Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 14th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 6.95%. The ex-dividend date of this dividend was Wednesday, August 14th. ClearBridge MLP and Midstream Total Return Fund’s dividend payout ratio (DPR) is currently 205.88%.

Hedge Funds Weigh In On ClearBridge MLP and Midstream Total Return Fund

Several institutional investors have recently modified their holdings of the business. Robinson Capital Management LLC acquired a new stake in shares of ClearBridge MLP and Midstream Total Return Fund in the fourth quarter valued at $150,000. Sanctuary Advisors LLC acquired a new position in shares of ClearBridge MLP and Midstream Total Return Fund during the second quarter worth about $487,000. Nations Financial Group Inc. IA ADV increased its stake in shares of ClearBridge MLP and Midstream Total Return Fund by 3.4% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 13,615 shares of the investment management company’s stock worth $493,000 after buying an additional 449 shares during the period. Blue Bell Private Wealth Management LLC raised its holdings in ClearBridge MLP and Midstream Total Return Fund by 223.0% in the first quarter. Blue Bell Private Wealth Management LLC now owns 17,986 shares of the investment management company’s stock valued at $746,000 after acquiring an additional 12,417 shares in the last quarter. Finally, Quarry LP raised its holdings in ClearBridge MLP and Midstream Total Return Fund by 138.4% in the fourth quarter. Quarry LP now owns 25,493 shares of the investment management company’s stock valued at $924,000 after acquiring an additional 14,800 shares in the last quarter.

ClearBridge MLP and Midstream Total Return Fund Company Profile

ClearBridge MLP and Midstream Total Return Fund Inc is an open ended equity mutual fund of funds launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by ClearBridge Investments, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy sector.