Brookstone Capital Management Raises Stock Position in Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU)

Brookstone Capital Management grew its position in Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,487,297 shares of the company’s stock after buying an additional 97,523 shares during the period. Brookstone Ultra-Short Bond ETF accounts for approximately 0.9% of Brookstone Capital Management’s investment portfolio, making the stock its 20th largest position. Brookstone Capital Management owned 100.70% of Brookstone Ultra-Short Bond ETF worth $62,543,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC acquired a new position in Brookstone Ultra-Short Bond ETF in the third quarter valued at about $941,000.

Brookstone Ultra-Short Bond ETF Trading Down 0.2 %

BAMU stock traded down $0.04 during mid-day trading on Monday, hitting $25.16. 161 shares of the company were exchanged, compared to its average volume of 8,223. The business has a fifty day simple moving average of $25.31 and a 200-day simple moving average of $25.34. Brookstone Ultra-Short Bond ETF has a 12-month low of $24.27 and a 12-month high of $25.50.

Brookstone Ultra-Short Bond ETF Increases Dividend

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

About Brookstone Ultra-Short Bond ETF

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.