LMP Capital and Income Fund (NYSE:SCD) Stock Price Crosses Below 200 Day Moving Average of $13.39

LMP Capital and Income Fund Inc. (NYSE:SCDGet Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.39 and traded as low as $11.68. LMP Capital and Income Fund shares last traded at $11.77, with a volume of 23,371 shares.

LMP Capital and Income Fund Stock Down 0.5 %

The firm has a 50 day simple moving average of $13.15 and a 200 day simple moving average of $13.39.

LMP Capital and Income Fund Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Friday, September 23rd will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, September 22nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 8.84%.

Institutional Trading of LMP Capital and Income Fund

A number of large investors have recently modified their holdings of SCD. Clearstead Advisors LLC purchased a new position in LMP Capital and Income Fund in the 4th quarter worth approximately $33,000. Blue Bell Private Wealth Management LLC increased its stake in shares of LMP Capital and Income Fund by 1,139.8% during the first quarter. Blue Bell Private Wealth Management LLC now owns 4,959 shares of the real estate investment trust’s stock valued at $73,000 after buying an additional 4,559 shares during the period. UBS Group AG increased its stake in shares of LMP Capital and Income Fund by 48.5% during the first quarter. UBS Group AG now owns 6,999 shares of the real estate investment trust’s stock valued at $103,000 after buying an additional 2,287 shares during the period. Walleye Capital LLC purchased a new position in shares of LMP Capital and Income Fund during the first quarter valued at approximately $158,000. Finally, Alphastar Capital Management LLC increased its stake in shares of LMP Capital and Income Fund by 16.3% during the second quarter. Alphastar Capital Management LLC now owns 19,025 shares of the real estate investment trust’s stock valued at $234,000 after buying an additional 2,672 shares during the period.

LMP Capital and Income Fund Company Profile

(Get Rating)

LMP Capital and Income Fund Inc is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Investments, LLC, Western Asset Management Company Limited, and Western Asset Management Company. The fund invests in public equity and fixed income markets across the globe.

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