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

Brookstone Capital Management trimmed its position in shares of Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU) by 0.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,389,774 shares of the company’s stock after selling 2,478 shares during the period. Brookstone Ultra-Short Bond ETF comprises about 0.9% of Brookstone Capital Management’s portfolio, making the stock its 21st biggest position. Brookstone Capital Management owned 96.75% of Brookstone Ultra-Short Bond ETF worth $60,509,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in BAMU. Triad Wealth Partners LLC purchased a new stake in shares of Brookstone Ultra-Short Bond ETF during the second quarter worth approximately $86,000. Chris Bulman Inc purchased a new stake in shares of Brookstone Ultra-Short Bond ETF during the second quarter worth approximately $207,000. Finally, Simplicity Wealth LLC purchased a new stake in shares of Brookstone Ultra-Short Bond ETF during the second quarter worth approximately $476,000.

Brookstone Ultra-Short Bond ETF Stock Up 0.0 %

Shares of BAMU opened at $25.35 on Wednesday. The stock has a 50 day moving average price of $25.36 and a 200 day moving average price of $25.34. Brookstone Ultra-Short Bond ETF has a 52-week low of $24.27 and a 52-week high of $25.50.

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.