Eaton Vance Total Return Bond ETF (NYSE:EVTR) Sees Significant Decrease in Short Interest

Eaton Vance Total Return Bond ETF (NYSE:EVTR) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 64,819 shares, a drop of 69.6% from the August 15th total of 213,531 shares. Based on an average trading volume of 693,775 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Eaton Vance Total Return Bond ETF Trading Down 0.1%

Shares of EVTR stock traded down $0.04 during trading hours on Friday, hitting $49.31. 852,795 shares of the company’s stock were exchanged, compared to its average volume of 559,375. Eaton Vance Total Return Bond ETF has a 12-month low of $49.29 and a 12-month high of $52.15. The business’s 50 day simple moving average is $50.16 and its 200-day simple moving average is $50.70.

Hedge Funds Weigh In On Eaton Vance Total Return Bond ETF

A number of large investors have recently added to or reduced their stakes in the business. Morgan Stanley boosted its position in 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 buying an additional 5,473,066 shares during the period. Wells Fargo & Company MN lifted its stake in shares of 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 valued at $220,407,000 after acquiring an additional 1,215,336 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of 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 valued at $180,995,000 after acquiring an additional 1,336,772 shares during the last quarter. LPL Financial LLC boosted its holdings in Eaton Vance Total Return Bond ETF by 28.0% during the 4th quarter. LPL Financial LLC now owns 2,622,043 shares of the company’s stock valued at $135,035,000 after acquiring an additional 573,492 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in Eaton Vance Total Return Bond ETF by 7,951.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,438,333 shares of the company’s stock valued at $125,366,000 after acquiring an additional 2,408,047 shares during the period.

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.