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

ETF Overview

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.

Key Stats

• Today's Range: $12.08 to $12.27
• 50-Day Range: $12.05 to $12.45
• 52-Week Range: $10.87 to $13.40
• Volume: 26,537 shs
• Average Volume: 49,970 shs
• Market Capitalization: $106.15 million
• Assets Under Management: $111.21 million
• Dividend Yield: 10.57%
• Net Expense Ratio: 0.25%
• Aggregate Rating: Moderate Buy

HIPS ETF - Frequently Asked Questions

How have HIPS shares performed this year?

GraniteShares HIPS US High Income ETF's stock was trading at $12.85 on January 1st, 2025. Since then, HIPS stock has decreased by 4.9% and is now trading at $12.22.

Who are GraniteShares HIPS US High Income ETF's major shareholders?

GraniteShares HIPS US High Income ETF's top institutional investors include SimpliFi Inc. (7.13%), RiverTree Advisors LLC (3.85%), Ethos Financial Group LLC (2.90%) and Orion Porfolio Solutions LLC (1.91%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of GraniteShares HIPS US High Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GraniteShares HIPS US High Income ETF investors own include YieldMax NVDA Option Income Strategy ETF (NVDY), YieldMax COIN Option Income Strategy ETF (CONY), YieldMax META Option Income Strategy ETF (FBY), Oxford Lane Capital (OXLC), AGNC Investment (AGNC), Verizon Communications (VZ) and Cornerstone Strategic Investment Fund (CLM).

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: North America
• Number of Holdings: 42

Fund Statistics

• Assets Under Management: $111.21 million
• Average Daily Volume: $62.57 thousand
• Discount/Premium: 0.00%

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: Optionable
• Options Volume: 6
• Put Options: 6
• Call Options: 1
• Short Interest: 91,200 shs

Miscellaneous

• Outstanding Shares: 8,700,000
• Beta: 1.11
• Creation Unit: 50,000
• Creation Fee: $500.00