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

Brookstone Capital Management grew its stake in Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU) by 2.2% during the second quarter, HoldingsChannel reports. The firm 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 comprises approximately 0.9% of Brookstone Capital Management’s portfolio, making the stock its 18th biggest holding. Brookstone Capital Management owned 0.94% of Brookstone Ultra-Short Bond ETF worth $67,679,000 at the end of the most recent quarter.

Separately, Harbour Investments Inc. acquired a new position in shares of Brookstone Ultra-Short Bond ETF in the second quarter valued at approximately $31,000.

Brookstone Ultra-Short Bond ETF Price Performance

NYSEARCA:BAMU opened at $25.33 on Wednesday. The stock’s 50 day simple moving average is $25.31 and its 200-day simple moving average is $25.32. Brookstone Ultra-Short Bond ETF has a 12-month low of $24.91 and a 12-month 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.