22,352 T. Rowe Price Capital Appreciation Premium Income ETF $TCAL Shares Sold by James T. Borello RIA

James T. Borello RIA lessened its holdings in T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) by 65.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,594 shares of the company’s stock after selling 22,352 shares during the quarter. James T. Borello RIA’s holdings in T. Rowe Price Capital Appreciation Premium Income ETF were worth $253,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. IFP Advisors Inc grew its holdings in T. Rowe Price Capital Appreciation Premium Income ETF by 6.6% during the 2nd quarter. IFP Advisors Inc now owns 15,000 shares of the company’s stock worth $333,000 after acquiring an additional 925 shares during the last quarter. Wills Financial Group LLC increased its position in T. Rowe Price Capital Appreciation Premium Income ETF by 5.5% in the 1st quarter. Wills Financial Group LLC now owns 22,798 shares of the company’s stock valued at $503,000 after acquiring an additional 1,183 shares during the period. Prospera Financial Services Inc increased its position in T. Rowe Price Capital Appreciation Premium Income ETF by 5.2% in the 2nd quarter. Prospera Financial Services Inc now owns 23,790 shares of the company’s stock valued at $528,000 after acquiring an additional 1,185 shares during the period. Western Wealth Management LLC raised its stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 17.9% during the first quarter. Western Wealth Management LLC now owns 51,969 shares of the company’s stock valued at $1,161,000 after acquiring an additional 7,902 shares during the last quarter. Finally, HB Wealth Management LLC bought a new position in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the first quarter valued at $206,000.

T. Rowe Price Capital Appreciation Premium Income ETF Stock Up 0.5%

Shares of TCAL stock traded up $0.11 during trading hours on Friday, hitting $22.90. 31,852 shares of the company’s stock traded hands, compared to its average volume of 107,740. The stock has a market cap of $316.02 million, a PE ratio of 25.37 and a beta of 0.24. The stock’s 50 day simple moving average is $22.64 and its 200 day simple moving average is $22.53. T. Rowe Price Capital Appreciation Premium Income ETF has a 12 month low of $21.73 and a 12 month high of $25.08.

T. Rowe Price Capital Appreciation Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were paid a $0.1782 dividend. This is a positive change from T. Rowe Price Capital Appreciation Premium Income ETF’s previous monthly dividend of $0.1739. This represents a $2.14 annualized dividend and a dividend yield of 9.3%. The ex-dividend date of this dividend was Wednesday, September 30th.

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.