Waterfront Wealth Inc. Makes New Investment in T. Rowe Price Capital Appreciation Premium Income ETF $TCAL

Waterfront Wealth Inc. acquired a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 38,441 shares of the company’s stock, valued at approximately $949,000.

A number of other large investors have also recently made changes to their positions in the business. Global Retirement Partners LLC purchased a new position in T. Rowe Price Capital Appreciation Premium Income ETF in the third quarter worth about $50,000. Capital Investment Advisory Services LLC lifted its stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 21.4% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 5,220 shares of the company’s stock valued at $127,000 after purchasing an additional 919 shares during the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF in the 2nd quarter valued at approximately $201,000. Steward Partners Investment Advisory LLC purchased a new position in shares of T. Rowe Price Capital Appreciation Premium Income ETF in the 2nd quarter worth approximately $288,000. Finally, 4J Wealth Management LLC bought a new position in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the 2nd quarter valued at approximately $329,000.

T. Rowe Price Capital Appreciation Premium Income ETF Stock Up 1.3%

Shares of TCAL opened at $23.96 on Monday. The company has a market cap of $239.60 million, a PE ratio of 25.37 and a beta of 0.92. The business has a fifty day moving average of $23.81 and a 200 day moving average of $24.19. T. Rowe Price Capital Appreciation Premium Income ETF has a 52-week low of $23.24 and a 52-week high of $29.81.

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.