Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU) Declares Dividend Increase – $0.26 Per Share

Brookstone Ultra-Short Bond ETF (NYSEARCA:BAMU) declared a dividend on Wednesday, November 27th,NASDAQ Dividends reports. Stockholders of record on Friday, November 29th will be paid a dividend of 0.2555 per share on Friday, December 6th. The ex-dividend date of this dividend is Friday, November 29th. This is a boost from Brookstone Ultra-Short Bond ETF’s previous dividend of $0.25.

Brookstone Ultra-Short Bond ETF Stock Performance

NYSEARCA:BAMU remained flat at $25.47 during midday trading on Thursday. The company had a trading volume of 26,819 shares, compared to its average volume of 10,237. The firm has a 50-day moving average price of $25.38 and a two-hundred day moving average price of $25.36. Brookstone Ultra-Short Bond ETF has a one year low of $24.27 and a one year 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.