ClearBridge Energy MLP Total Return Fund (NYSE:CTR) Stock Crosses Below 50-Day Moving Average of $9.40

ClearBridge Energy MLP Total Return Fund Inc. (NYSE:CTR)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.40 and traded as low as $9.33. ClearBridge Energy MLP Total Return Fund shares last traded at $9.33, with a volume of 500 shares.

The stock has a 50-day simple moving average of $9.40.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 24th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 9.38%. The ex-dividend date of this dividend was Thursday, May 23rd.

A number of large investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. raised its position in ClearBridge Energy MLP Total Return Fund by 21.3% during the 4th quarter. Advisors Asset Management Inc. now owns 792,177 shares of the investment management company’s stock worth $6,179,000 after buying an additional 139,150 shares during the last quarter. FDx Advisors Inc. purchased a new position in ClearBridge Energy MLP Total Return Fund during the 4th quarter worth approximately $126,000. Stephens Inc. AR raised its position in ClearBridge Energy MLP Total Return Fund by 33.9% during the 4th quarter. Stephens Inc. AR now owns 308,700 shares of the investment management company’s stock worth $2,408,000 after buying an additional 78,227 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in ClearBridge Energy MLP Total Return Fund by 10.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 199,189 shares of the investment management company’s stock worth $1,554,000 after buying an additional 19,178 shares during the last quarter. Finally, Usca Ria LLC purchased a new position in ClearBridge Energy MLP Total Return Fund during the 4th quarter worth approximately $133,000.

ClearBridge Energy MLP Total Return Fund Company Profile (NYSE:CTR)

ClearBridge Energy MLP 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.

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