Eaton Vance Total Return Bond ETF (NYSE:EVTR) Hits New 52-Week Low – Here’s Why

Eaton Vance Total Return Bond ETF (NYSE:EVTR) hit a new 52-week low on Wednesday . The company traded as low as $49.14 and last traded at $49.0940, with a volume of 55652 shares traded. The stock had previously closed at $49.38.

Eaton Vance Total Return Bond ETF Price Performance

The firm has a 50 day simple moving average of $49.99 and a 200-day simple moving average of $50.56.

Institutional Investors Weigh In On Eaton Vance Total Return Bond ETF

Large investors have recently added to or reduced their stakes in the business. Continuum Advisory LLC acquired a new stake in Eaton Vance Total Return Bond ETF during the 2nd quarter valued at $33,000. Legacy Wealth Managment LLC ID acquired a new position in shares of Eaton Vance Total Return Bond ETF in the first quarter valued at $47,000. Cornerstone Financial Management LLC acquired a new position in shares of Eaton Vance Total Return Bond ETF in the fourth quarter valued at $71,000. Allworth Financial LP raised its position in shares of Eaton Vance Total Return Bond ETF by 134.8% in the second quarter. Allworth Financial LP now owns 1,430 shares of the company’s stock valued at $73,000 after purchasing an additional 821 shares during the period. Finally, IFP Advisors Inc raised its position in shares of Eaton Vance Total Return Bond ETF by 9,700.0% in the fourth quarter. IFP Advisors Inc now owns 1,960 shares of the company’s stock valued at $101,000 after purchasing an additional 1,940 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.