Insider Buying: Daniel P. Cronin Purchases 2,000 Shares of LMP Real Estate Income Fund Stock (RIT)
LMP Real Estate Income Fund (NYSE:RIT) Director Daniel P. Cronin acquired 2,000 shares of the stock in a transaction dated Friday, February 21st. The stock was purchased at an average price of $10.69 per share, for a total transaction of $21,380.00. Following the acquisition, the director now directly owns 3,928 shares of the company’s stock, valued at approximately $41,990. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
LMP Real Estate Income Fund (NYSE:RIT) traded up 0.65% on Monday, hitting $10.79. The stock had a trading volume of 30,216 shares. LMP Real Estate Income Fund has a 1-year low of $9.65 and a 1-year high of $16.02. The stock has a 50-day moving average of $10.34 and a 200-day moving average of $10.40.
LMP Real Estate Income Fund Inc (NYSE:RIT) is a non-diversified, closed-end management investment company.
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