LMP Capital and Income Fund (NYSE:SCD) Stock Crosses Below 200 Day Moving Average of $11.18

LMP Capital and Income Fund Inc. (NYSE:SCD) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.18 and traded as low as $10.11. LMP Capital and Income Fund shares last traded at $10.20, with a volume of 42,301 shares.

The company has a 50 day moving average price of $10.17 and a 200 day moving average price of $11.18.

Several hedge funds and other institutional investors have recently modified their holdings of SCD. Private Advisor Group LLC raised its holdings in LMP Capital and Income Fund by 24.0% in the 1st quarter. Private Advisor Group LLC now owns 13,283 shares of the real estate investment trust’s stock valued at $107,000 after acquiring an additional 2,575 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in LMP Capital and Income Fund by 16.4% in the 2nd quarter. Capital Investment Advisors LLC now owns 14,200 shares of the real estate investment trust’s stock valued at $142,000 after acquiring an additional 2,000 shares in the last quarter. Doliver Advisors LP acquired a new position in LMP Capital and Income Fund in the 1st quarter valued at $140,000. UBS Group AG raised its holdings in LMP Capital and Income Fund by 33.1% in the 1st quarter. UBS Group AG now owns 23,256 shares of the real estate investment trust’s stock valued at $187,000 after acquiring an additional 5,783 shares in the last quarter. Finally, XML Financial LLC raised its holdings in LMP Capital and Income Fund by 12.0% in the 2nd quarter. XML Financial LLC now owns 39,898 shares of the real estate investment trust’s stock valued at $399,000 after acquiring an additional 4,259 shares in the last quarter.

LMP Capital and Income Fund Company Profile (NYSE:SCD)

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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