Shares of Nashville-based Truxton Corp., the holding company for Truxton Trust, began trading today on the OTCQB under the new ticker symbol TRUX.
The OTCQB is the middle tier of three marketplaces used for the trading of over-the-counter stocks. New York-based OTC Markets Group Inc. operates it.
Previously known as Nashville Bank & Trust, Truxton Trust is a private bank located on Harding Road in Belle Meade.
Nine-year-old Nashville Bank & Trust will this week rebrand itself to Truxton Trust as it looks to build out a client base that already reaches 14 states. The push is slated to include hiring financial advisors in other cities. Nashville Bank & Trust posted a first-quarter profit of $716,000 as its assets grew slightly to $302 million.