- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 1745 Wittington Place, Suite 460 Farmers Branch TX United States of America 75234
- IPO Date
- Sep 27, 2023
- Business
- Brookstone Intermediate Bond ETF (BAMB) is an actively managed exchange-traded fund that seeks to provide exposure to U.S. Treasuries and investment grade corporate bonds with maturities between 0-10 years, including exchange-traded funds that invest substantially all of their assets in such fixed income instruments; the fund targets an average duration of around 5 years, consistent with the Morningstar Intermediate-Term Bond Category, though this may vary. Launched on September 27, 2023, and listed on the NYSE Arca and BATS exchanges, BAMB holds a diversified portfolio including iShares 3-7 Year Treasury Bond ETF (IEI), Schwab Intermediate-Term U.S. Treasury ETF (SCHR), iShares 7-10 Year Treasury Bond ETF (IEF), and various iShares iBonds term Treasury ETFs, alongside cash equivalents. The ETF is issued by Brookstone Asset Management LLC, an SEC-registered investment adviser based in Wheaton, Illinois, which manages approximately $500 million in assets primarily through investment companies and is affiliated with Brookstone Capital Management, founded in 2006 as a turnkey asset management platform serving independent advisors nationwide. BAMB operates within the investment grade fixed income segment, targeting investors seeking current income, liquidity, and moderate duration risk in U.S. bond markets.
In late 2023, Brookstone Asset Management expanded its ETF lineup significantly by launching eight new actively managed funds on September 27, including BAMB alongside Brookstone Growth Stock ETF (BAMG), Brookstone Value Stock ETF (BAMV), Brookstone Ultra-Short Bond ETF (BAMU), and others, in partnership with Ultimus Fund Solutions for fund administration and Northern Lights Distributors LLC as distributor; this strategic initiative broadened investor options across equity, bond, and allocation strategies. No major acquisitions, funding rounds, or additional partnerships specific to BAMB have been reported in 2024 or 2025, with the fund maintaining stable operations, consistent dividend distributions (such as the November 2025 ex-dividend of $0.1906 per share), and assets under management around $65 million as of late 2025. The ETF continues to focus on its core intermediate bond mandate without noted reorganizations or product shifts.