GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS – Get Free Report)’s share price traded up 0.2% on Thursday . The company traded as high as $11.77 and last traded at $11.73. 87,844 shares changed hands during trading, an increase of 45% from the average daily volume of 60,535 shares. The stock had previously closed at $11.71.
GraniteShares HIPS US High Income ETF Stock Performance
The business has a 50 day moving average price of $11.64 and a 200-day moving average price of $11.69. The company has a market capitalization of $113.78 million, a price-to-earnings ratio of 11.61 and a beta of 0.63.
GraniteShares HIPS US High Income ETF Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Thursday, August 27th were paid a $0.1075 dividend. The ex-dividend date of this dividend was Thursday, August 27th. This represents a c) annualized dividend and a yield of 11.0%.
Institutional Trading of GraniteShares HIPS US High Income ETF
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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