Eaton Vance Total Return Bond ETF (NYSE:EVTR) Shares Break Above 50 Day Moving Average – Time to Sell?

Eaton Vance Total Return Bond ETF (NYSE:EVTR)’s stock price passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $49.15 and traded as high as $49.32. Eaton Vance Total Return Bond ETF shares last traded at $49.21, with a volume of 854,831 shares trading hands.

Eaton Vance Total Return Bond ETF Stock Down 0.3%

The company has a 50 day moving average price of $49.13 and a 200 day moving average price of $50.50.

Institutional Trading of Eaton Vance Total Return Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of EVTR. KPP Advisory Services LLC lifted its position in shares of Eaton Vance Total Return Bond ETF by 1.4% during the first quarter. KPP Advisory Services LLC now owns 17,262 shares of the company’s stock worth $876,000 after purchasing an additional 232 shares in the last quarter. Breakwater Capital Group grew its holdings in shares of Eaton Vance Total Return Bond ETF by 3.6% in the second quarter. Breakwater Capital Group now owns 8,855 shares of the company’s stock valued at $449,000 after purchasing an additional 304 shares in the last quarter. Tiller Private Wealth Inc. grew its holdings in shares of Eaton Vance Total Return Bond ETF by 7.2% in the third quarter. Tiller Private Wealth Inc. now owns 6,859 shares of the company’s stock valued at $331,000 after purchasing an additional 458 shares in the last quarter. Centerpoint Advisory Group increased its stake in Eaton Vance Total Return Bond ETF by 8.8% during the 1st quarter. Centerpoint Advisory Group now owns 6,320 shares of the company’s stock worth $321,000 after buying an additional 510 shares during the period. Finally, Tompkins Financial Corp purchased a new stake in Eaton Vance Total Return Bond ETF during the 3rd quarter worth approximately $25,000.

About Eaton Vance Total Return Bond ETF

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.