Impact Partnership Wealth LLC Makes New Investment in Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU)

Impact Partnership Wealth LLC purchased a new stake in Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 9,501 shares of the company’s stock, valued at approximately $239,000.

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

Brookstone Ultra-Short Bond ETF Price Performance

Shares of NYSEARCA BAMU opened at $25.23 on Friday. The stock has a 50-day moving average price of $25.27 and a two-hundred day moving average price of $25.33. 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 disclosed a dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 29th were paid 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 Company 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.