Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) Sees Strong Trading Volume – Here’s What Happened

Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) saw unusually-strong trading volume on Friday . Approximately 1,763,636 shares changed hands during mid-day trading, an increase of 227% from the previous session’s volume of 538,944 shares.The stock last traded at $51.6150 and had previously closed at $51.60.

Eaton Vance Total Return Bond ETF Trading Up 0.1%

The firm has a fifty day moving average price of $51.60 and a two-hundred day moving average price of $51.43.

Hedge Funds Weigh In On Eaton Vance Total Return Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. U.S. Capital Wealth Advisors LLC bought a new stake in Eaton Vance Total Return Bond ETF in the 4th quarter worth about $3,455,000. Fifth Third Securities Inc. boosted its holdings in shares of Eaton Vance Total Return Bond ETF by 1.6% during the 4th quarter. Fifth Third Securities Inc. now owns 61,220 shares of the company’s stock valued at $3,153,000 after acquiring an additional 948 shares during the last quarter. Bouvel Investment Partners LLC grew its stake in shares of Eaton Vance Total Return Bond ETF by 10.4% in the fourth quarter. Bouvel Investment Partners LLC now owns 266,424 shares of the company’s stock worth $13,721,000 after acquiring an additional 24,997 shares during the period. Penney Financial LLC raised its holdings in shares of Eaton Vance Total Return Bond ETF by 14.0% during the fourth quarter. Penney Financial LLC now owns 134,473 shares of the company’s stock valued at $6,925,000 after purchasing an additional 16,494 shares during the last quarter. Finally, Leo Wealth LLC bought a new position in Eaton Vance Total Return Bond ETF during the fourth quarter valued at approximately $758,000.

Eaton Vance Total Return Bond ETF Company Profile

The Eaton Vance Total Return Bond ETF (EVTR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to invest in USD-denominated, investment grade securities from government and corporate issuers. The fund aims to maintain an average weighted maturity between five and ten years. EVTR was launched on Nov 14, 1984 and is issued by Eaton Vance.