Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) Sees Strong Trading Volume – What’s Next?

Shares of Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) saw unusually-strong trading volume on Wednesday . Approximately 1,443,545 shares traded hands during mid-day trading, an increase of 164% from the previous session’s volume of 547,141 shares.The stock last traded at $50.62 and had previously closed at $50.77.

Eaton Vance Total Return Bond ETF Price Performance

The firm’s fifty day moving average is $50.87 and its two-hundred day moving average is $51.36.

Institutional Trading of Eaton Vance Total Return Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Morgan Stanley boosted its stake 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 in the last quarter. Ameriprise Financial Inc. lifted its holdings 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 acquiring an additional 2,408,047 shares during the last quarter. Provenance Wealth Advisors LLC bought a new position in shares of Eaton Vance Total Return Bond ETF during the 1st quarter valued at about $71,297,000. Bank of America Corp DE boosted its position in shares of Eaton Vance Total Return Bond ETF by 60.0% during 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 purchasing an additional 1,336,772 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Eaton Vance Total Return Bond ETF by 39.7% during the fourth quarter. Wells Fargo & Company MN now owns 4,279,738 shares of the company’s stock valued at $220,407,000 after purchasing an additional 1,215,336 shares during the last quarter.

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.