SageGuard Financial Group LLC Acquires New Stake in T. Rowe Price Capital Appreciation Premium Income ETF $TCAL

SageGuard Financial Group LLC acquired a new stake in T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 94,811 shares of the company’s stock, valued at approximately $2,119,000. SageGuard Financial Group LLC owned approximately 0.76% of T. Rowe Price Capital Appreciation Premium Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the fourth quarter worth $202,000. Price T Rowe Associates Inc. MD purchased a new position in shares of T. Rowe Price Capital Appreciation Premium Income ETF in the fourth quarter worth about $203,000. IFP Advisors Inc lifted its stake in shares of 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 worth $220,000 after buying an additional 8,425 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new position in T. Rowe Price Capital Appreciation Premium Income ETF during the first quarter worth about $220,000. Finally, Aprio Wealth Management LLC purchased a new stake in T. Rowe Price Capital Appreciation Premium Income ETF during the 4th quarter valued at about $238,000.

T. Rowe Price Capital Appreciation Premium Income ETF Stock Performance

TCAL stock opened at $22.39 on Monday. The firm has a 50-day moving average of $22.29 and a two-hundred day moving average of $23.04. T. Rowe Price Capital Appreciation Premium Income ETF has a 12 month low of $21.73 and a 12 month high of $29.81. The company has a market cap of $278.76 million, a price-to-earnings ratio of 25.37 and a beta of 0.27.

About T. Rowe Price Capital Appreciation Premium Income ETF

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.