49,294 Shares in LMP Capital and Income Fund Inc. $SCD Acquired by Wealth Care LLC

Wealth Care LLC bought a new position in shares of LMP Capital and Income Fund Inc. (NYSE:SCD) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 49,294 shares of the real estate investment trust’s stock, valued at approximately $736,000. LMP Capital and Income Fund comprises approximately 0.7% of Wealth Care LLC’s investment portfolio, making the stock its 29th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Karpus Management Inc. acquired a new position in shares of LMP Capital and Income Fund in the 4th quarter valued at about $44,000. Kestra Advisory Services LLC purchased a new position in LMP Capital and Income Fund during the fourth quarter valued at approximately $56,000. Blue Bell Private Wealth Management LLC acquired a new position in LMP Capital and Income Fund in the fourth quarter valued at approximately $116,000. Readystate Asset Management LP acquired a new position in LMP Capital and Income Fund in the fourth quarter valued at approximately $148,000. Finally, Aurora Private Wealth Inc. purchased a new stake in LMP Capital and Income Fund in the 4th quarter worth approximately $168,000.

LMP Capital and Income Fund Stock Down 0.4%

Shares of NYSE SCD opened at $15.64 on Wednesday. The firm’s 50 day simple moving average is $15.36 and its 200-day simple moving average is $15.31. LMP Capital and Income Fund Inc. has a 12 month low of $13.79 and a 12 month high of $16.18.

LMP Capital and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 9.2%.

About LMP Capital and Income Fund

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.