Eaton Vance Total Return Bond ETF (NYSE:EVTR) Shares Shorted: Short Interest Up 76.8% in September

Eaton Vance Total Return Bond ETF (NYSE:EVTR) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 114,572 shares, a growth of 76.8% from the August 31st total of 64,819 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 871,454 shares, the days-to-cover ratio is currently 0.1 days.

Eaton Vance Total Return Bond ETF Stock Down 0.6%

EVTR stock traded down $0.32 during midday trading on Wednesday, hitting $48.16. The stock had a trading volume of 959,167 shares, compared to its average volume of 590,009. Eaton Vance Total Return Bond ETF has a 52 week low of $48.11 and a 52 week high of $52.15. The stock has a 50-day simple moving average of $49.78 and a 200 day simple moving average of $50.44.

Hedge Funds Weigh In On Eaton Vance Total Return Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Provenance Wealth Advisors LLC bought a new stake in Eaton Vance Total Return Bond ETF in the first quarter valued at about $71,297,000. Bank of America Corp DE boosted its stake in 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 buying an additional 1,336,772 shares in the last quarter. LPL Financial LLC grew its position in Eaton Vance Total Return Bond ETF by 28.0% in the fourth 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. Envestnet Asset Management Inc. grew its position in Eaton Vance Total Return Bond ETF by 34.2% in the second quarter. Envestnet Asset Management Inc. now owns 2,121,112 shares of the company’s stock valued at $107,562,000 after acquiring an additional 540,192 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in Eaton Vance Total Return Bond ETF by 35.9% during the first quarter. PNC Financial Services Group Inc. now owns 1,293,704 shares of the company’s stock worth $65,655,000 after acquiring an additional 341,899 shares in 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.