Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) Sees Large Volume Increase – Still a Buy?

Shares of Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) saw unusually-high trading volume on Wednesday . Approximately 1,325,222 shares traded hands during mid-day trading, an increase of 235% from the previous session’s volume of 396,000 shares.The stock last traded at $51.5550 and had previously closed at $51.60.

Eaton Vance Total Return Bond ETF Stock Down 0.0%

The company’s fifty day simple moving average is $51.69 and its two-hundred day simple moving average is $51.24.

Institutional Investors Weigh In On Eaton Vance Total Return Bond ETF

Large investors have recently modified their holdings of the business. TruNorth Capital Management LLC bought a new position in shares of Eaton Vance Total Return Bond ETF during the 3rd quarter valued at about $36,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Eaton Vance Total Return Bond ETF during the 2nd quarter worth approximately $47,000. Montag A & Associates Inc. bought a new position in Eaton Vance Total Return Bond ETF in the second quarter valued at approximately $58,000. Cullen Frost Bankers Inc. bought a new position in Eaton Vance Total Return Bond ETF in the second quarter valued at approximately $95,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Eaton Vance Total Return Bond ETF by 96.5% in the second quarter. JPMorgan Chase & Co. now owns 2,287 shares of the company’s stock valued at $116,000 after buying an additional 1,123 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.