Eaton Vance Total Return Bond ETF (NYSE:EVTR) Stock Short Interest Drops 79.3%

Eaton Vance Total Return Bond ETF (NYSE:EVTR) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 112,582 shares, a decline of 79.3% from the September 30th total of 542,766 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,152,326 shares, the days-to-cover ratio is presently 0.1 days.

Eaton Vance Total Return Bond ETF Stock Up 0.3%

NYSE:EVTR traded up $0.13 during trading hours on Thursday, reaching $49.21. 854,831 shares of the stock were exchanged, compared to its average volume of 647,026. The business has a 50-day moving average of $49.15 and a two-hundred day moving average of $50.51. Eaton Vance Total Return Bond ETF has a twelve month low of $47.97 and a twelve month high of $52.15.

Institutional Investors Weigh In On Eaton Vance Total Return Bond ETF

A number of institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted its stake in 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 worth $180,995,000 after acquiring an additional 1,336,772 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Eaton Vance Total Return Bond ETF by 34.2% during the 2nd 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. D.A. Davidson & CO. acquired a new position in Eaton Vance Total Return Bond ETF in the 3rd quarter valued at about $17,615,000. PNC Financial Services Group Inc. grew its position in Eaton Vance Total Return Bond ETF by 35.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,293,704 shares of the company’s stock valued at $65,655,000 after acquiring an additional 341,899 shares in the last quarter. Finally, Baer Investment Advisory LLC purchased a new stake in Eaton Vance Total Return Bond ETF during the first quarter worth about $16,648,000.

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.