Eaton Vance Total Return Bond ETF (NYSE:EVTR) Sees Unusually-High Trading Volume – What’s Next?

Eaton Vance Total Return Bond ETF (NYSE:EVTR) shares saw strong trading volume on Monday . Approximately 1,067,034 shares changed hands during trading, an increase of 92% from the previous session’s volume of 556,878 shares.The stock last traded at $49.3540 and had previously closed at $49.32.

Eaton Vance Total Return Bond ETF Stock Down 0.1%

The firm’s fifty day moving average price is $50.10 and its 200 day moving average price is $50.65.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Provenance Wealth Advisors LLC purchased a new stake in Eaton Vance Total Return Bond ETF during the first quarter worth $71,297,000. Bank of America Corp DE increased its holdings in Eaton Vance Total Return Bond ETF by 60.0% in the first quarter. Bank of America Corp DE now owns 3,566,409 shares of the company’s stock valued at $180,995,000 after buying an additional 1,336,772 shares in the last quarter. Prodigy Asset Management LLC increased its holdings in Eaton Vance Total Return Bond ETF by 47.5% in the fourth quarter. Prodigy Asset Management LLC now owns 2,207,463 shares of the company’s stock valued at $113,684,000 after buying an additional 711,092 shares in the last quarter. LPL Financial LLC raised its position in shares of Eaton Vance Total Return Bond ETF by 28.0% in the fourth quarter. LPL Financial LLC now owns 2,622,043 shares of the company’s stock worth $135,035,000 after acquiring an additional 573,492 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of Eaton Vance Total Return Bond ETF by 68.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 951,805 shares of the company’s stock worth $49,018,000 after acquiring an additional 386,529 shares during the period.

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.