LMP Capital and Income Fund Inc. $SCD Holdings Cut by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its stake in shares of LMP Capital and Income Fund Inc. (NYSE:SCD) by 20.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 136,467 shares of the real estate investment trust’s stock after selling 34,586 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in LMP Capital and Income Fund were worth $2,137,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SCD. NewEdge Advisors LLC raised its holdings in shares of LMP Capital and Income Fund by 13.5% during the first quarter. NewEdge Advisors LLC now owns 32,340 shares of the real estate investment trust’s stock worth $515,000 after acquiring an additional 3,856 shares in the last quarter. Astoria Portfolio Advisors LLC. increased its position in LMP Capital and Income Fund by 15.1% in the 3rd quarter. Astoria Portfolio Advisors LLC. now owns 64,889 shares of the real estate investment trust’s stock worth $1,017,000 after purchasing an additional 8,506 shares during the last quarter. Invesco Ltd. raised its stake in shares of LMP Capital and Income Fund by 87.0% during the 2nd quarter. Invesco Ltd. now owns 25,044 shares of the real estate investment trust’s stock worth $391,000 after purchasing an additional 11,653 shares in the last quarter. Shaker Financial Services LLC purchased a new stake in shares of LMP Capital and Income Fund during the 3rd quarter worth about $297,000. Finally, Wolverine Asset Management LLC acquired a new stake in shares of LMP Capital and Income Fund during the 3rd quarter valued at about $397,000.

LMP Capital and Income Fund Price Performance

Shares of NYSE SCD opened at $15.52 on Friday. The business has a 50 day simple moving average of $14.97 and a 200 day simple moving average of $15.15. LMP Capital and Income Fund Inc. has a 52 week low of $13.35 and a 52 week high of $17.62.

LMP Capital and Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 9.3%.

LMP Capital and Income Fund Profile

LMP Capital & Income Fund (NYSE:SCD) is a diversified, closed-end management investment company organized as a Maryland corporation. The fund’s primary objective is to deliver total return through current income and capital appreciation. It is listed on the New York Stock Exchange and serves a broad base of retail and institutional investors seeking exposure to a mix of equity and income-producing assets.

The fund pursues its objective by investing predominantly in common stocks, debt securities and convertible instruments issued by U.S.