Kensington Hedged Premium Income ETF $KHPI Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in shares of Kensington Hedged Premium Income ETF (BATS:KHPI) by 4.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 507,395 shares of the company’s stock after buying an additional 20,560 shares during the quarter. Kestra Advisory Services LLC owned about 8.59% of Kensington Hedged Premium Income ETF worth $13,096,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. CoreCap Advisors LLC grew its position in shares of Kensington Hedged Premium Income ETF by 7.4% in the 3rd quarter. CoreCap Advisors LLC now owns 254,297 shares of the company’s stock worth $6,563,000 after acquiring an additional 17,415 shares in the last quarter. Sigma Planning Corp acquired a new stake in shares of Kensington Hedged Premium Income ETF during the 3rd quarter valued at approximately $6,320,000. Guardian Wealth Advisors LLC NC raised its position in shares of Kensington Hedged Premium Income ETF by 3.8% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 184,467 shares of the company’s stock valued at $4,763,000 after acquiring an additional 6,738 shares in the last quarter. Triumph Capital Management raised its position in shares of Kensington Hedged Premium Income ETF by 2.7% during the 3rd quarter. Triumph Capital Management now owns 110,879 shares of the company’s stock valued at $2,862,000 after acquiring an additional 2,930 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in Kensington Hedged Premium Income ETF by 2.7% during the second quarter. Wealthcare Advisory Partners LLC now owns 87,026 shares of the company’s stock worth $2,247,000 after purchasing an additional 2,269 shares during the last quarter.

Kensington Hedged Premium Income ETF Price Performance

Shares of KHPI opened at $25.76 on Tuesday. The stock has a market capitalization of $455.18 million, a PE ratio of 23.88 and a beta of 0.63. The business’s fifty day moving average price is $25.94 and its 200 day moving average price is $25.76. Kensington Hedged Premium Income ETF has a 12-month low of $23.95 and a 12-month high of $26.55.

Kensington Hedged Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were issued a dividend of $0.1964 per share. This represents a $2.36 annualized dividend and a dividend yield of 9.2%. This is a boost from Kensington Hedged Premium Income ETF’s previous monthly dividend of $0.1951. The ex-dividend date of this dividend was Friday, October 30th.

Kensington Hedged Premium Income ETF Profile

The Kensington Hedged Premium Income ETF (KHPI) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages multiple derivative strategies seeking to generate high monthly income, some upside participation potential in the S&P 500, with a downside hedge. The objective is to offer a more balanced income strategy than other covered option writing strategies. KHPI was launched on Sep 3, 2024 and is issued by Kensington.