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

Sigma Planning Corp purchased a new stake in shares of Kensington Hedged Premium Income ETF (BATS:KHPI) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 244,859 shares of the company’s stock, valued at approximately $6,320,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KHPI. Root Financial Partners LLC acquired a new position in shares of Kensington Hedged Premium Income ETF during the 3rd quarter valued at $29,000. NFSG Corp bought a new stake in shares of Kensington Hedged Premium Income ETF in the 3rd quarter worth $194,000. Swmg LLC raised its stake in shares of Kensington Hedged Premium Income ETF by 4.8% in the 3rd quarter. Swmg LLC now owns 22,492 shares of the company’s stock worth $587,000 after buying an additional 1,024 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of Kensington Hedged Premium Income ETF by 2.4% in the first quarter. Sunbelt Securities Inc. now owns 28,882 shares of the company’s stock valued at $699,000 after buying an additional 685 shares during the period. Finally, Arkadios Wealth Advisors lifted its holdings in shares of Kensington Hedged Premium Income ETF by 54.3% in the first quarter. Arkadios Wealth Advisors now owns 31,698 shares of the company’s stock valued at $767,000 after buying an additional 11,153 shares during the period.

Kensington Hedged Premium Income ETF Price Performance

Shares of KHPI stock opened at $26.03 on Monday. The stock 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 firm also recently declared a monthly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were given a $0.1951 dividend. This represents a $2.34 annualized dividend and a yield of 9.0%. This is a drop from Kensington Hedged Premium Income ETF’s previous monthly dividend of $0.1955. The ex-dividend date was Wednesday, September 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.