Wolverine Asset Management LLC Purchases New Holdings in ClearBridge American Energy MLP Fund Inc (CBA)

Wolverine Asset Management LLC purchased a new position in ClearBridge American Energy MLP Fund Inc (NYSE:CBA) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 57,612 shares of the investment management company’s stock, valued at approximately $434,000. Wolverine Asset Management LLC owned approximately 0.10% of ClearBridge American Energy MLP Fund at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. purchased a new stake in ClearBridge American Energy MLP Fund in the second quarter worth approximately $105,000. Suntrust Banks Inc. purchased a new position in shares of ClearBridge American Energy MLP Fund during the 1st quarter worth $156,000. Steward Partners Investment Advisory LLC purchased a new position in shares of ClearBridge American Energy MLP Fund during the 2nd quarter worth $184,000. LPL Financial LLC boosted its stake in shares of ClearBridge American Energy MLP Fund by 42.8% during the 1st quarter. LPL Financial LLC now owns 26,818 shares of the investment management company’s stock worth $183,000 after acquiring an additional 8,043 shares during the last quarter. Finally, First Republic Investment Management Inc. purchased a new position in shares of ClearBridge American Energy MLP Fund during the 2nd quarter worth $293,000. 24.40% of the stock is owned by institutional investors.

Shares of ClearBridge American Energy MLP Fund stock opened at $7.83 on Tuesday. ClearBridge American Energy MLP Fund Inc has a 1-year low of $6.53 and a 1-year high of $9.58.

ClearBridge American Energy MLP Fund Profile

ClearBridge American Energy MLP Fund Inc is a closed-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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Institutional Ownership by Quarter for ClearBridge American Energy MLP Fund (NYSE:CBA)

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