GraniteShares Surpasses $300 Million in Assets Under Management

GraniteShares, a new, innovative ETF company, has attracted more than $300 million in assets under management (AUM), to its low-cost commodity and income ETF suite on the heels of the firm’s one-year anniversary.

GraniteShares was able to cross this threshold after reporting strong inflows across its ETF product suite, most notably to the GraniteShares Gold Trust (NYSE Arca: BAR). BAR, the low-cost gold ETF with a total expense ratio of 20 basis points, surpassed $200 million in assets after only 10 months of trading.