Ladenburg Thalmann Financial Services Inc. Boosts Stake in LMP Capital and Income Fund Inc. (NYSE:SCD)

Ladenburg Thalmann Financial Services Inc. raised its position in LMP Capital and Income Fund Inc. (NYSE:SCD) by 4.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,706 shares of the real estate investment trust’s stock after purchasing an additional 2,478 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in LMP Capital and Income Fund were worth $714,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Parisi Gray Wealth Management purchased a new stake in LMP Capital and Income Fund in the 1st quarter worth about $125,000. LPL Financial LLC raised its position in LMP Capital and Income Fund by 37.9% in the 2nd quarter. LPL Financial LLC now owns 14,842 shares of the real estate investment trust’s stock worth $201,000 after purchasing an additional 4,080 shares during the period. M&T Bank Corp raised its position in LMP Capital and Income Fund by 11.1% in the 2nd quarter. M&T Bank Corp now owns 15,000 shares of the real estate investment trust’s stock worth $203,000 after purchasing an additional 1,500 shares during the period. H D Vest Advisory Services purchased a new stake in LMP Capital and Income Fund in the 2nd quarter worth about $212,000. Finally, Invesco Ltd. purchased a new stake in LMP Capital and Income Fund in the 2nd quarter worth about $577,000.

LMP Capital and Income Fund stock opened at $14.11 on Friday. LMP Capital and Income Fund Inc. has a 1-year low of $9.83 and a 1-year high of $14.57. The company’s 50-day moving average is $13.83 and its 200 day moving average is $13.48.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 20th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 8.79%. The ex-dividend date of this dividend was Thursday, September 19th.

LMP Capital and Income Fund 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.

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Institutional Ownership by Quarter for LMP Capital and Income Fund (NYSE:SCD)

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