Private Advisor Group LLC Grows Holdings in LMP Capital and Income Fund Inc. (NYSE:SCD)

Private Advisor Group LLC lifted its position in LMP Capital and Income Fund Inc. (NYSE:SCD) by 8.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,229 shares of the real estate investment trust’s stock after purchasing an additional 1,272 shares during the period. Private Advisor Group LLC’s holdings in LMP Capital and Income Fund were worth $285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of SCD. Atomi Financial Group Inc. purchased a new stake in LMP Capital and Income Fund in the 2nd quarter worth $367,000. Shaker Financial Services LLC bought a new stake in LMP Capital and Income Fund during the 2nd quarter valued at approximately $1,440,000. Aristides Capital LLC purchased a new position in LMP Capital and Income Fund in the 1st quarter worth approximately $3,815,000. Advisors Asset Management Inc. boosted its stake in LMP Capital and Income Fund by 10.9% in the 1st quarter. Advisors Asset Management Inc. now owns 633,763 shares of the real estate investment trust’s stock worth $9,912,000 after purchasing an additional 62,529 shares during the period. Finally, Raymond James & Associates grew its holdings in LMP Capital and Income Fund by 0.5% during the 2nd quarter. Raymond James & Associates now owns 902,108 shares of the real estate investment trust’s stock valued at $13,965,000 after buying an additional 4,460 shares in the last quarter.

LMP Capital and Income Fund Trading Up 2.1 %

LMP Capital and Income Fund stock opened at $17.11 on Thursday. LMP Capital and Income Fund Inc. has a 1 year low of $11.93 and a 1 year high of $17.96. The firm’s 50 day moving average price is $17.08 and its 200-day moving average price is $16.03.

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.