Brookstone Ultra-Short Bond ETF $BAMU Shares Acquired by Brookstone Capital Management

Brookstone Capital Management increased its holdings in shares of Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU) by 2.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,677,186 shares of the company’s stock after purchasing an additional 56,988 shares during the quarter. Brookstone Ultra-Short Bond ETF makes up approximately 0.9% of Brookstone Capital Management’s portfolio, making the stock its 18th biggest position. Brookstone Capital Management owned approximately 93.61% of Brookstone Ultra-Short Bond ETF worth $67,679,000 as of its most recent SEC filing.

Separately, Triad Wealth Partners LLC lifted its stake in Brookstone Ultra-Short Bond ETF by 33.3% during the second quarter. Triad Wealth Partners LLC now owns 18,850 shares of the company’s stock worth $477,000 after purchasing an additional 4,708 shares during the last quarter.

Brookstone Ultra-Short Bond ETF Stock Performance

BAMU stock opened at $25.33 on Wednesday. The business has a 50 day moving average price of $25.31 and a 200 day moving average price of $25.32. Brookstone Ultra-Short Bond ETF has a fifty-two week low of $24.91 and a fifty-two week high of $25.49.

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.