13,500 Shares in Kensington Hedged Premium Income ETF (NYSEARCA:KHPI) Purchased by Rossby Financial LCC

Rossby Financial LCC bought a new position in Kensington Hedged Premium Income ETF (NYSEARCA:KHPI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,500 shares of the company’s stock, valued at approximately $341,000.

A number of other large investors also recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new position in shares of Kensington Hedged Premium Income ETF in the 3rd quarter valued at about $35,000. Bank of New York Mellon Corp acquired a new position in Kensington Hedged Premium Income ETF in the fourth quarter valued at approximately $645,000. Finally, Strategic Blueprint LLC bought a new position in Kensington Hedged Premium Income ETF in the fourth quarter valued at approximately $694,000.

Kensington Hedged Premium Income ETF Stock Up 0.8 %

KHPI opened at $23.75 on Tuesday. The company has a fifty day moving average price of $24.60 and a two-hundred day moving average price of $25.17. Kensington Hedged Premium Income ETF has a 52 week low of $22.13 and a 52 week high of $26.59.

Kensington Hedged Premium Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were issued a $0.1825 dividend. The ex-dividend date of this dividend was Monday, March 31st. This is an increase from Kensington Hedged Premium Income ETF’s previous dividend of $0.16.

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.