NYSEARCA:HIPS

GraniteShares HIPS US High Income ETF (HIPS) Price, Holdings, & News

$11.56

+0.16 (+1.40%)

(As of 06/2/2023 ET)

Compare

Today's Range: $11.49
▼
$11.60
50-Day Range: $11.23
▼
$11.86
52-Week Range: $11.17
▼
$13.75

Volume: 14,069 shs
Average Volume: 25,853 shs
Market Capitalization: $54.91 million

Assets Under Management: $55.87 million
Dividend Yield: 11.25%
Net Expense Ratio: 2.88%

Profile Chart Dividend Headlines Holdings

About GraniteShares HIPS US High Income ETF

The GraniteShares HIPS US High Income ETF (HIPS) is an exchange-traded fund that is based on the TFMS HIPS index. The fund tracks an index of assets that tend to produce high income and pass through that income without being taxed at the constituent level. These include REITs, MLPs, BDCs and debt-based closed-end funds. HIPS was launched on Jan 6, 2015 and is managed by GraniteShares.

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HIPS ETF News Headlines

May 20, 2023 | msn.com

SHYG Vs. HYS: Own The Lower Fee ETF

April 12, 2023 | finance.yahoo.com

EQM Indexes Launches High Income Pass-Through Securities Index

June 3, 2023 | Behind the Markets (Ad)

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March 17, 2023 | finance.yahoo.com

Odds & Ends: ETF Launches Sputter

March 15, 2023 | finance.yahoo.com

Gold market, prices may be telling investors it’s ‘the beginning of a broader crisis’: ETF expert

March 2, 2023 | realmoney.thestreet.com

This Fund Isn't New, But It's Pretty Solid, Like 'Granite'

January 4, 2023 | fool.com

GraniteShares ETF Trust - GraniteShares Hips Us High Income ETF (NYSEMKT: HIPS)

December 2, 2022 | seekingalpha.com

PFFA: High Yield But Not Safe From A Weakening Economy

June 3, 2023 | MarketBeat Internal (Ad)

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November 27, 2022 | seekingalpha.com

HIE: Attractively Discounted Fund Helped By Energy Exposure

See More Headlines

HIPS Price History

30 days | 90 days | 365 days | Advanced Chart

Fund Details

Issuer: GraniteShares
Fund Name: GraniteShares HIPS US High Income ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:HIPS
Inception Date: 1/6/2015
Fund Manager: Benoit Autier, Jeff Klearman
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Multi Asset
Benchmark: EQM High Income Pass-Through Securities Index
Category: Asset Allocation
Focus: Target Outcome
Development Level: Blended Development
Region: Global
Number of Holdings: 41

Fund Statistics

Assets Under Management: $55.87 million
Average Daily Volume: $32,674.90
Discount/Premium: -0.01%

Administrator, Advisor and Custodian

Administrator: ALPS Fund Services, Inc.
Advisor: GraniteShares Advisors LLC
Custodian: Brown Brothers Harriman & Co.
Distributor: ALPS Distributors, Inc.
Transfer Agent: Brown Brothers Harriman & Co.
Trustee: N/A
Lead Market Maker: Virtu Financial

Options

Optionable: N/A
Short Interest: 1,100 shs

Miscellaneous

Outstanding Shares: 4,750,000
Beta: 1.11
Creation Unit: 50,000
Creation Fee: $500.00

GraniteShares HIPS US High Income ETF Expenses

Type	HIPS	Target Outcome ETFs	Multi Asset ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.70%	0.66%	0.67%	0.50%	0.49%
Other Expenses	2.18%	0.97%	0.75%	0.64%	0.51%
Total Expense	2.88%	1.31%	1.16%	0.74%	0.66%
Fee Waiver	0.00%	-0.92%	-0.66%	-0.69%	-0.52%
Net Expense	2.88%	0.90%	0.89%	0.57%	0.55%

GraniteShares HIPS US High Income ETF (HIPS) Holdings & Exposure

Top 10 HIPS Holdings

HIPS Sector Exposure

HIPS Industry Exposure

Full Holdings Details

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Institutional Ownership

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HIPS ETF - Frequently Asked Questions

How have HIPS shares performed in 2023?: GraniteShares HIPS US High Income ETF's stock was trading at $11.99 at the beginning of the year. Since then, HIPS stock has decreased by 3.6% and is now trading at $11.5599.
View the best growth stocks for 2023 here.
How often does GraniteShares HIPS US High Income ETF pay dividends? What is the dividend yield for GraniteShares HIPS US High Income ETF?: GraniteShares HIPS US High Income ETF announced a monthly dividend on Monday, March 13th. Investors of record on Tuesday, May 30th will be paid a dividend of $0.1075 per share on Wednesday, May 31st. This represents a $1.29 annualized dividend and a dividend yield of 11.16%. The ex-dividend date is Friday, May 26th.
Read our dividend analysis for HIPS.
What does HIPS invest in?: GraniteShares HIPS US High Income ETF is a multi asset fund issued by GraniteShares. HIPS focuses on target outcome investments and follows the EQM High Income Pass-Through Securities Index. The fund's investments total to approximately $55.87 million assets under management.
What stocks does GraniteShares HIPS US High Income ETF hold?: HIPS invests in 41 holdings. Some of the stocks in their portfolio include Nuveen Real Asset Income and Growth Fund (JRI), First Trust Senior Floating Rate Income Fund II (FCT), Nuveen Credit Strategies Income Fund (JQC), Western Asset High Yield Defined Opportunity Fund (HYI), BlackRock Corporate High Yield Fund (HYT), Ares Dynamic Credit Allocation Fund (ARDC), DoubleLine Yield Opportunities Fund (DLY), Barings Global Short Duration High Yield Fund (BGH), PGIM High Yield Bond Fund (ISD) and PGIM Global High Yield Fund (GHY).
What is the management fee for GraniteShares HIPS US High Income ETF?: GraniteShares HIPS US High Income ETF's management fee is 0.70% and has other expenses of 2.18%. The net expense ratio for HIPS is 2.88%.

What is GraniteShares HIPS US High Income ETF's stock symbol?: GraniteShares HIPS US High Income ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "HIPS."
Who are GraniteShares HIPS US High Income ETF's major shareholders?: GraniteShares HIPS US High Income ETF's stock is owned by many different retail and institutional investors. Top institutional investors include LPL Financial LLC (3.35%), Cornerstone Wealth Management LLC (2.92%), Truist Financial Corp (1.61%), Aurora Private Wealth Inc. (0.86%), Kovack Advisors Inc. (0.60%) and UBS Group AG (0.48%).
How do I buy shares of GraniteShares HIPS US High Income ETF?: Shares of HIPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is GraniteShares HIPS US High Income ETF's stock price today?: One share of HIPS stock can currently be purchased for approximately $11.56.
How much money does GraniteShares HIPS US High Income ETF make?: GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS) has a market capitalization of $54.91 million.
How many employees does GraniteShares HIPS US High Income ETF have?: The company employs 2,021 workers across the globe.

This page (NYSEARCA:HIPS) was last updated on 6/3/2023 by MarketBeat.com Staff

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