Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) Sees Unusually-High Trading Volume – Here’s Why

Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) saw unusually-high trading volume on Tuesday . Approximately 2,601,485 shares traded hands during mid-day trading, an increase of 385% from the previous session’s volume of 536,295 shares.The stock last traded at $50.10 and had previously closed at $50.08.

Eaton Vance Total Return Bond ETF Stock Performance

The firm has a 50 day simple moving average of $50.48 and a two-hundred day simple moving average of $50.93.

Institutional Trading of Eaton Vance Total Return Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Morgan Stanley lifted its position in shares of Eaton Vance Total Return Bond ETF by 24.1% during the fourth quarter. Morgan Stanley now owns 28,229,610 shares of the company’s stock valued at $1,453,825,000 after purchasing an additional 5,473,066 shares in the last quarter. Wells Fargo & Company MN grew its position in Eaton Vance Total Return Bond ETF by 39.7% in the 4th quarter. Wells Fargo & Company MN now owns 4,279,738 shares of the company’s stock worth $220,407,000 after purchasing an additional 1,215,336 shares in the last quarter. Bank of America Corp DE grew its position in Eaton Vance Total Return Bond ETF by 60.0% in the 1st quarter. Bank of America Corp DE now owns 3,566,409 shares of the company’s stock worth $180,995,000 after purchasing an additional 1,336,772 shares in the last quarter. LPL Financial LLC increased its stake in Eaton Vance Total Return Bond ETF by 28.0% in the 4th quarter. LPL Financial LLC now owns 2,622,043 shares of the company’s stock valued at $135,035,000 after buying an additional 573,492 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Eaton Vance Total Return Bond ETF by 7,951.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,438,333 shares of the company’s stock valued at $125,366,000 after buying an additional 2,408,047 shares during the last quarter.

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.