Commonwealth Equity Services LLC Boosts Stake in LMP Capital and Income Fund Inc. (NYSE:SCD)

Commonwealth Equity Services LLC increased its holdings in LMP Capital and Income Fund Inc. (NYSE:SCD) by 6.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 22,237 shares of the real estate investment trust’s stock after buying an additional 1,394 shares during the period. Commonwealth Equity Services LLC’s holdings in LMP Capital and Income Fund were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Atomi Financial Group Inc. grew its stake in shares of LMP Capital and Income Fund by 5.9% during the 4th quarter. Atomi Financial Group Inc. now owns 27,810 shares of the real estate investment trust’s stock worth $478,000 after purchasing an additional 1,557 shares during the period. Allworth Financial LP boosted its stake in LMP Capital and Income Fund by 397.6% during the 4th quarter. Allworth Financial LP now owns 2,503 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 2,000 shares during the last quarter. Vista Investment Partners II LLC acquired a new stake in LMP Capital and Income Fund in the 4th quarter valued at about $213,000. AlphaStar Capital Management LLC lifted its position in LMP Capital and Income Fund by 43.3% during the fourth quarter. AlphaStar Capital Management LLC now owns 49,561 shares of the real estate investment trust’s stock worth $852,000 after buying an additional 14,975 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of LMP Capital and Income Fund by 13.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 175,727 shares of the real estate investment trust’s stock valued at $3,022,000 after acquiring an additional 20,400 shares during the last quarter.

LMP Capital and Income Fund Stock Performance

Shares of NYSE SCD opened at $14.24 on Monday. LMP Capital and Income Fund Inc. has a 1 year low of $14.20 and a 1 year high of $17.96. The company has a 50 day simple moving average of $16.54 and a 200-day simple moving average of $17.01.

LMP Capital and Income Fund Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a $0.12 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a yield of 8.93%. This is a boost from LMP Capital and Income Fund’s previous dividend of $0.11.

LMP Capital and Income Fund Company Profile

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.