Kensington Hedged Premium Income ETF $KHPI Stock: International Assets Investment Management LLC Increases Stake

International Assets Investment Management LLC lifted its position in shares of Kensington Hedged Premium Income ETF (BATS:KHPI) by 135.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 45,000 shares of the company’s stock after buying an additional 25,898 shares during the quarter. International Assets Investment Management LLC owned approximately 0.76% of Kensington Hedged Premium Income ETF worth $1,161,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of KHPI. Root Financial Partners LLC bought a new stake in Kensington Hedged Premium Income ETF during the third quarter valued at about $29,000. NFSG Corp purchased a new position in shares of Kensington Hedged Premium Income ETF in the third quarter valued at about $194,000. Partners Wealth Management LLC purchased a new position in shares of Kensington Hedged Premium Income ETF in the third quarter valued at about $266,000. Swmg LLC boosted its stake in shares of Kensington Hedged Premium Income ETF by 4.8% in the third quarter. Swmg LLC now owns 22,492 shares of the company’s stock worth $587,000 after acquiring an additional 1,024 shares during the period. Finally, Sunbelt Securities Inc. boosted its stake 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 worth $699,000 after acquiring an additional 685 shares during the period.

Kensington Hedged Premium Income ETF Stock Up 0.7%

BATS KHPI opened at $25.92 on Thursday. Kensington Hedged Premium Income ETF has a twelve month low of $23.95 and a twelve month high of $26.55. The business has a 50-day moving average price of $25.97 and a 200-day moving average price of $25.76. The firm has a market cap of $458.01 million, a price-to-earnings ratio of 23.88 and a beta of 0.63.

Kensington Hedged Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 2nd. Investors of record on Friday, October 30th were issued a $0.1964 dividend. The ex-dividend date of this dividend was Friday, October 30th. This represents a $2.36 dividend on an annualized basis and a yield of 9.1%. This is a boost 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.