Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) Reaches New 12-Month Low – What’s Next?

Shares of Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $49.85 and last traded at $49.86, with a volume of 13333 shares. The stock had previously closed at $50.23.

Eaton Vance Total Return Bond ETF Stock Down 0.7%

The business has a fifty day moving average price of $50.61 and a 200-day moving average price of $51.06.

Institutional Trading of Eaton Vance Total Return Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of EVTR. Jane Street Group LLC bought a new position in Eaton Vance Total Return Bond ETF during the first quarter valued at approximately $7,024,000. JPMorgan Chase & Co. raised its position in Eaton Vance Total Return Bond ETF by 96.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,287 shares of the company’s stock worth $116,000 after purchasing an additional 1,123 shares during the period. Raymond James Financial Inc. raised its position in Eaton Vance Total Return Bond ETF by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 1,017,876 shares of the company’s stock worth $51,774,000 after purchasing an additional 29,010 shares during the period. Bank of America Corp DE lifted its stake in Eaton Vance Total Return Bond ETF by 33,729.1% in the second quarter. Bank of America Corp DE now owns 753,374 shares of the company’s stock worth $38,320,000 after purchasing an additional 751,147 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in Eaton Vance Total Return Bond ETF by 9.6% in the second quarter. MML Investors Services LLC now owns 76,392 shares of the company’s stock worth $3,886,000 after purchasing an additional 6,705 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.