SageGuard Financial Group LLC Buys Shares of 94,811 T. Rowe Price Capital Appreciation Premium Income ETF $TCAL

SageGuard Financial Group LLC purchased a new position in shares of T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 94,811 shares of the company’s stock, valued at approximately $2,119,000.

A number of other institutional investors have also recently made changes to their positions in the business. Yarger Wealth Strategies LLC lifted its holdings in T. Rowe Price Capital Appreciation Premium Income ETF by 12.3% during the 4th quarter. Yarger Wealth Strategies LLC now owns 53,008 shares of the company’s stock worth $1,249,000 after buying an additional 5,794 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 26.9% during the fourth quarter. Kestra Advisory Services LLC now owns 27,365 shares of the company’s stock worth $645,000 after acquiring an additional 5,803 shares during the period. Steward Partners Investment Advisory LLC raised its stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 25.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 29,194 shares of the company’s stock valued at $688,000 after acquiring an additional 5,979 shares in the last quarter. IFP Advisors Inc boosted its holdings in T. Rowe Price Capital Appreciation Premium Income ETF by 936.1% in the fourth quarter. IFP Advisors Inc now owns 9,325 shares of the company’s stock valued at $220,000 after purchasing an additional 8,425 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in T. Rowe Price Capital Appreciation Premium Income ETF during the 4th quarter worth $202,000.

T. Rowe Price Capital Appreciation Premium Income ETF Price Performance

Shares of NYSEARCA TCAL opened at $22.39 on Monday. The company has a market cap of $278.76 million, a price-to-earnings ratio of 25.37 and a beta of 0.27. The stock’s 50-day moving average is $22.29 and its two-hundred day moving average is $23.04. T. Rowe Price Capital Appreciation Premium Income ETF has a 1-year low of $21.73 and a 1-year high of $29.81.

T. Rowe Price Capital Appreciation Premium Income ETF Profile

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.