Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU) Shares Purchased by Brookstone Capital Management

Brookstone Capital Management boosted its holdings in Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU) by 4.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,487,297 shares of the company’s stock after purchasing an additional 97,523 shares during the quarter. Brookstone Ultra-Short Bond ETF makes up approximately 0.9% of Brookstone Capital Management’s holdings, making the stock its 20th largest position. Brookstone Capital Management owned 1.01% of Brookstone Ultra-Short Bond ETF worth $62,543,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC purchased a new position in shares of Brookstone Ultra-Short Bond ETF in the 3rd quarter valued at $941,000.

Brookstone Ultra-Short Bond ETF Price Performance

BAMU traded down $0.04 on Monday, reaching $25.16. The company had a trading volume of 161 shares, compared to its average volume of 8,223. Brookstone Ultra-Short Bond ETF has a 1 year low of $24.27 and a 1 year high of $25.50. The stock has a 50-day moving average price of $25.31 and a 200-day moving average price of $25.34.

Brookstone Ultra-Short Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 29th were issued a $0.2555 dividend. This is an increase from Brookstone Ultra-Short Bond ETF’s previous dividend of $0.25. The ex-dividend date was Friday, November 29th.

Brookstone Ultra-Short Bond ETF Profile

The Brookstone Ultra-Short Bond ETF (BAMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to US Treasurys and investment grade corporate bonds with maturities between 0-2 years. BAMU was launched on Sep 27, 2023 and is issued by Brookstone.