Kensington Hedged Premium Income ETF $KHPI Stock Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its position in Kensington Hedged Premium Income ETF (BATS:KHPI) by 4.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 507,395 shares of the company’s stock after buying an additional 20,560 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.09% of Kensington Hedged Premium Income ETF worth $13,096,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. CoreCap Advisors LLC grew its position in 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 purchasing an additional 17,415 shares during the last quarter. Sigma Planning Corp acquired a new stake in shares of Kensington Hedged Premium Income ETF in the third quarter valued at approximately $6,320,000. Guardian Wealth Advisors LLC NC increased its stake in shares of Kensington Hedged Premium Income ETF by 3.8% in the second quarter. Guardian Wealth Advisors LLC NC now owns 184,467 shares of the company’s stock valued at $4,763,000 after purchasing an additional 6,738 shares during the period. Triumph Capital Management raised its holdings in shares of Kensington Hedged Premium Income ETF by 2.7% during the third quarter. Triumph Capital Management now owns 110,879 shares of the company’s stock valued at $2,862,000 after buying an additional 2,930 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its holdings in shares of 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 valued at $2,247,000 after buying an additional 2,269 shares during the last quarter.

Kensington Hedged Premium Income ETF Trading Up 1.2%

KHPI opened at $25.76 on Tuesday. The business’s 50 day moving average is $25.94 and its 200-day moving average is $25.76. The stock has a market cap of $455.18 million, a PE ratio of 23.88 and a beta of 0.63. Kensington Hedged Premium Income ETF has a twelve month low of $23.95 and a twelve month high of $26.55.

Kensington Hedged Premium Income ETF Increases Dividend

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

About Kensington Hedged Premium Income ETF

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.