244,859 Shares in Kensington Hedged Premium Income ETF $KHPI Purchased by Sigma Planning Corp

Sigma Planning Corp bought a new stake in Kensington Hedged Premium Income ETF (BATS:KHPI) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 244,859 shares of the company’s stock, valued at approximately $6,320,000. Sigma Planning Corp owned 4.14% of Kensington Hedged Premium Income ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in KHPI. Ameritas Advisory Services LLC grew its stake in shares of Kensington Hedged Premium Income ETF by 394.6% in the second quarter. Ameritas Advisory Services LLC now owns 60,480 shares of the company’s stock worth $1,562,000 after purchasing an additional 48,253 shares in the last quarter. Wealthcare Advisory Partners LLC increased 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 purchasing an additional 2,269 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Kensington Hedged Premium Income ETF by 16.8% during the first quarter. Bank of New York Mellon Corp now owns 34,167 shares of the company’s stock valued at $827,000 after purchasing an additional 4,920 shares in the last quarter. Triumph Capital Management raised its stake in shares of Kensington Hedged Premium Income ETF by 2.1% during the second quarter. Triumph Capital Management now owns 107,949 shares of the company’s stock valued at $2,787,000 after purchasing an additional 2,255 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in shares of Kensington Hedged Premium Income ETF by 7.8% during the second quarter. IFP Advisors Inc now owns 67,580 shares of the company’s stock valued at $1,745,000 after purchasing an additional 4,865 shares in the last quarter.

Kensington Hedged Premium Income ETF Price Performance

KHPI stock opened at $26.03 on Monday. The company has a 50-day simple moving average of $25.98 and a 200 day simple moving average of $25.91. Kensington Hedged Premium Income ETF has a fifty-two week low of $23.95 and a fifty-two week high of $26.55.

Kensington Hedged Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were given a dividend of $0.1951 per share. This is a negative change from Kensington Hedged Premium Income ETF’s previous monthly dividend of $0.1955. The ex-dividend date was Wednesday, September 30th. This represents a $2.34 dividend on an annualized basis and a dividend yield of 9.0%.

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.