Eaton Vance Total Return Bond ETF (NYSE:EVTR) Sets New 12-Month Low – Here’s Why

Eaton Vance Total Return Bond ETF (NYSE:EVTR)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $49.44 and last traded at $49.4640, with a volume of 17198 shares. The stock had previously closed at $49.74.

Eaton Vance Total Return Bond ETF Stock Down 0.5%

The stock has a fifty day moving average of $50.22 and a 200-day moving average of $50.73.

Hedge Funds Weigh In On Eaton Vance Total Return Bond ETF

A number of large investors have recently modified their holdings of EVTR. RHL Group LLC acquired a new stake in shares of Eaton Vance Total Return Bond ETF in the fourth quarter valued at approximately $29,000. Continuum Advisory LLC acquired a new position in Eaton Vance Total Return Bond ETF during the 2nd quarter worth $33,000. Legacy Wealth Managment LLC ID acquired a new position in Eaton Vance Total Return Bond ETF during the 1st quarter worth $47,000. Cornerstone Financial Management LLC bought a new position in Eaton Vance Total Return Bond ETF in the 4th quarter valued at $71,000. Finally, Allworth Financial LP increased its stake in shares of Eaton Vance Total Return Bond ETF by 134.8% in the 2nd quarter. Allworth Financial LP now owns 1,430 shares of the company’s stock valued at $73,000 after buying an additional 821 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.