Royal Bank of Canada Grows Stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF $COMB

Royal Bank of Canada raised its holdings in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) by 86.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 367,054 shares of the company’s stock after purchasing an additional 170,574 shares during the period. Royal Bank of Canada owned 6.55% of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF worth $9,641,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in COMB. Comerica Bank purchased a new position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter worth $28,000. Fifth Third Bancorp acquired a new position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter valued at about $31,000. Osaic Holdings Inc. raised its stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 184.0% in the second quarter. Osaic Holdings Inc. now owns 3,215 shares of the company’s stock valued at $67,000 after buying an additional 2,083 shares during the last quarter. IFP Advisors Inc raised its stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 13.3% in the fourth quarter. IFP Advisors Inc now owns 4,436 shares of the company’s stock valued at $94,000 after buying an additional 521 shares during the last quarter. Finally, DMC Group LLC acquired a new stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in the first quarter worth about $229,000.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Stock Performance

Shares of COMB stock opened at $25.69 on Monday. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a fifty-two week low of $20.23 and a fifty-two week high of $28.05. The stock’s 50-day simple moving average is $25.29 and its 200-day simple moving average is $25.25.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Profile

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund seeks to outperform a broad commodity market index through active management of the funds collateral. The index include futures contracts on up to 24 different commodities. COMB was launched on May 22, 2017 and is managed by GraniteShares.