PNC Financial Services Group Inc. Increases Stake in Eaton Vance Total Return Bond ETF $EVTR

PNC Financial Services Group Inc. grew its stake in Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) by 68.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 951,805 shares of the company’s stock after purchasing an additional 386,529 shares during the period. PNC Financial Services Group Inc. owned about 1.09% of Eaton Vance Total Return Bond ETF worth $49,018,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in Eaton Vance Total Return Bond ETF during the fourth quarter worth $78,000. JPMorgan Chase & Co. increased its holdings in Eaton Vance Total Return Bond ETF by 96.5% in the second quarter. JPMorgan Chase & Co. now owns 2,287 shares of the company’s stock valued at $116,000 after buying an additional 1,123 shares in the last quarter. Marino Stram & Associates LLC acquired a new position in shares of Eaton Vance Total Return Bond ETF in the third quarter worth about $220,000. Asset Allocation Strategies LLC acquired a new position in shares of Eaton Vance Total Return Bond ETF in the second quarter worth about $239,000. Finally, Mosaic Financial Group LLC purchased a new stake in shares of Eaton Vance Total Return Bond ETF during the 3rd quarter worth about $248,000.

Eaton Vance Total Return Bond ETF Stock Performance

NYSEARCA:EVTR opened at $50.53 on Friday. Eaton Vance Total Return Bond ETF has a 52 week low of $49.76 and a 52 week high of $52.15. The stock’s 50-day moving average price is $50.93 and its 200-day moving average price is $51.40.

Eaton Vance Total Return Bond ETF 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.