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

Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) shares saw strong trading volume on Friday . 172,199 shares were traded during trading, a decline of 6% from the previous session’s volume of 184,025 shares.The stock last traded at $49.55 and had previously closed at $49.75.

Eaton Vance Total Return Bond ETF Stock Performance

The firm’s 50-day simple moving average is $50.50 and its two-hundred day simple moving average is $50.47.

Eaton Vance Total Return Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 31st were issued a $0.1945 dividend. This is a boost from Eaton Vance Total Return Bond ETF’s previous dividend of $0.19. The ex-dividend date was Monday, March 31st.

Hedge Funds Weigh In On Eaton Vance Total Return Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Merit Financial Group LLC boosted its holdings in Eaton Vance Total Return Bond ETF by 0.4% in the 1st quarter. Merit Financial Group LLC now owns 59,990 shares of the company’s stock valued at $3,037,000 after purchasing an additional 258 shares during the last quarter. Tompkins Financial Corp purchased a new position in Eaton Vance Total Return Bond ETF in the first quarter valued at $26,000. Harbour Investments Inc. raised its holdings in Eaton Vance Total Return Bond ETF by 162.6% in the fourth quarter. Harbour Investments Inc. now owns 919 shares of the company’s stock valued at $46,000 after acquiring an additional 569 shares in the last quarter. Ancora Advisors LLC purchased a new stake in Eaton Vance Total Return Bond ETF during the 4th quarter worth about $40,000. Finally, Advisory Resource Group raised its stake in Eaton Vance Total Return Bond ETF by 1.4% during the 4th quarter. Advisory Resource Group now owns 59,393 shares of the company’s stock worth $2,961,000 after acquiring an additional 814 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.