Parkside Investments LLC Boosts Position in ClearBridge Energy MLP Fund Inc (CEM)

Parkside Investments LLC increased its position in ClearBridge Energy MLP Fund Inc (NYSE:CEM) by 18.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 253,409 shares of the investment management company’s stock after purchasing an additional 39,038 shares during the period. ClearBridge Energy MLP Fund accounts for about 1.7% of Parkside Investments LLC’s investment portfolio, making the stock its 11th biggest holding. Parkside Investments LLC’s holdings in ClearBridge Energy MLP Fund were worth $3,682,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CEM. Wells Fargo & Company MN grew its stake in ClearBridge Energy MLP Fund by 20.3% in the first quarter. Wells Fargo & Company MN now owns 323,204 shares of the investment management company’s stock worth $4,070,000 after purchasing an additional 54,442 shares in the last quarter. UBS Group AG grew its stake in ClearBridge Energy MLP Fund by 96.0% in the first quarter. UBS Group AG now owns 1,188,777 shares of the investment management company’s stock worth $14,967,000 after purchasing an additional 582,353 shares in the last quarter. LPL Financial LLC grew its stake in ClearBridge Energy MLP Fund by 46.5% in the first quarter. LPL Financial LLC now owns 41,613 shares of the investment management company’s stock worth $524,000 after purchasing an additional 13,208 shares in the last quarter. Guggenheim Capital LLC grew its stake in ClearBridge Energy MLP Fund by 6.8% in the first quarter. Guggenheim Capital LLC now owns 519,821 shares of the investment management company’s stock worth $6,545,000 after purchasing an additional 33,246 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in ClearBridge Energy MLP Fund by 1.8% in the first quarter. Royal Bank of Canada now owns 627,319 shares of the investment management company’s stock worth $7,898,000 after purchasing an additional 10,949 shares in the last quarter.

NYSE:CEM traded down $0.12 during mid-day trading on Wednesday, reaching $14.01. The stock had a trading volume of 3,393 shares, compared to its average volume of 203,641. ClearBridge Energy MLP Fund Inc has a 1-year low of $12.10 and a 1-year high of $17.36.

ClearBridge Energy MLP 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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Institutional Ownership by Quarter for ClearBridge Energy MLP Fund (NYSE:CEM)

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