Invesco Ltd. Sells 5,786 Shares of LMP Capital and Income Fund Inc. (NYSE:SCD)

Invesco Ltd. decreased its position in shares of LMP Capital and Income Fund Inc. (NYSE:SCD) by 21.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,441 shares of the real estate investment trust’s stock after selling 5,786 shares during the period. Invesco Ltd.’s holdings in LMP Capital and Income Fund were worth $369,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Astoria Portfolio Advisors LLC. purchased a new position in shares of LMP Capital and Income Fund in the fourth quarter worth $622,000. Atomi Financial Group Inc. lifted its holdings in shares of LMP Capital and Income Fund by 5.9% during the fourth quarter. Atomi Financial Group Inc. now owns 27,810 shares of the real estate investment trust’s stock valued at $478,000 after purchasing an additional 1,557 shares during the last quarter. AlphaStar Capital Management LLC grew its stake in shares of LMP Capital and Income Fund by 43.3% in the fourth quarter. AlphaStar Capital Management LLC now owns 49,561 shares of the real estate investment trust’s stock worth $852,000 after acquiring an additional 14,975 shares during the last quarter. Allworth Financial LP lifted its stake in shares of LMP Capital and Income Fund by 397.6% in the fourth quarter. Allworth Financial LP now owns 2,503 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 2,000 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in 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 purchasing an additional 20,400 shares during the last quarter.

LMP Capital and Income Fund Trading Up 0.5 %

Shares of SCD stock opened at $15.37 on Friday. LMP Capital and Income Fund Inc. has a 52 week low of $13.35 and a 52 week high of $17.96. The company has a 50 day moving average price of $15.44 and a 200-day moving average price of $16.58.

LMP Capital and Income Fund Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a $0.12 dividend. This represents a dividend yield of 8.93%. The ex-dividend date was Monday, March 24th. 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.