GraniteShares, a new kind of ETF company, acquired a U.S. high-income focused ETF strategy that invests in securities structured as pass-through entities. On Monday, GraniteShares took over the HIPS US High Income ETF (NYSEArca: HIPS) and lowered the management fee on the ETF to 0.70% from 1.47%. The GraniteShares HIPS US High Income ETF will [...] Read more on ETFtrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
