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

Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) shares saw strong trading volume on Wednesday . 1,325,222 shares were traded during mid-day trading, an increase of 235% from the previous session’s volume of 396,000 shares.The stock last traded at $51.5550 and had previously closed at $51.60.

Eaton Vance Total Return Bond ETF Trading Down 0.1%

The business has a fifty day moving average of $51.69 and a 200 day moving average of $51.24.

Hedge Funds Weigh In On Eaton Vance Total Return Bond ETF

Large investors have recently bought and sold shares of the stock. TruNorth Capital Management LLC acquired a new position in shares of Eaton Vance Total Return Bond ETF in the third quarter valued at approximately $36,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Eaton Vance Total Return Bond ETF in the second quarter valued at about $47,000. Montag A & Associates Inc. acquired a new stake in shares of Eaton Vance Total Return Bond ETF in the 2nd quarter worth approximately $58,000. Cullen Frost Bankers Inc. purchased a new position in shares of Eaton Vance Total Return Bond ETF in the second quarter valued at $95,000. Finally, JPMorgan Chase & Co. increased its holdings in Eaton Vance Total Return Bond ETF by 96.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,287 shares of the company’s stock valued at $116,000 after acquiring an additional 1,123 shares in the last quarter.

About Eaton Vance Total Return Bond ETF

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.