NINE MASTS CAPITAL Ltd Acquires 53,000 Shares of ClearBridge American Energy MLP Fund Inc (CBA)

NINE MASTS CAPITAL Ltd raised its holdings in shares of ClearBridge American Energy MLP Fund Inc (NYSE:CBA) by 646.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,200 shares of the investment management company’s stock after buying an additional 53,000 shares during the period. NINE MASTS CAPITAL Ltd owned about 0.10% of ClearBridge American Energy MLP Fund worth $482,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in CBA. Quadrant Private Wealth Management LLC increased its holdings in ClearBridge American Energy MLP Fund by 5.8% during the 2nd quarter. Quadrant Private Wealth Management LLC now owns 365,450 shares of the investment management company’s stock valued at $2,759,000 after acquiring an additional 20,063 shares in the last quarter. Rock Point Advisors LLC increased its holdings in ClearBridge American Energy MLP Fund by 31.5% during the 2nd quarter. Rock Point Advisors LLC now owns 1,217,995 shares of the investment management company’s stock valued at $9,196,000 after acquiring an additional 292,075 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in ClearBridge American Energy MLP Fund during the 2nd quarter valued at about $105,000. Raymond James & Associates increased its holdings in ClearBridge American Energy MLP Fund by 8.8% during the 2nd quarter. Raymond James & Associates now owns 88,221 shares of the investment management company’s stock valued at $666,000 after acquiring an additional 7,144 shares in the last quarter. Finally, First Republic Investment Management Inc. purchased a new position in ClearBridge American Energy MLP Fund during the 2nd quarter valued at about $293,000. 24.92% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:CBA remained flat at $$6.75 during mid-day trading on Friday. ClearBridge American Energy MLP Fund Inc has a 12-month low of $6.53 and a 12-month high of $9.58.

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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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