Horizon Wealth Management LLC Acquires New Shares in Eaton Vance Total Return Bond ETF $EVTR

Horizon Wealth Management LLC bought a new position in shares of Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 570,722 shares of the company’s stock, valued at approximately $29,364,000. Eaton Vance Total Return Bond ETF comprises approximately 4.3% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 7th largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Prodigy Asset Management LLC bought a new stake in shares of Eaton Vance Total Return Bond ETF in the third quarter worth about $76,988,000. Bank of America Corp DE lifted its holdings in shares of Eaton Vance Total Return Bond ETF by 33,729.1% during the 2nd quarter. Bank of America Corp DE now owns 753,374 shares of the company’s stock valued at $38,320,000 after purchasing an additional 751,147 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Eaton Vance Total Return Bond ETF by 94.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 736,697 shares of the company’s stock valued at $37,903,000 after purchasing an additional 357,745 shares during the period. Osaic Holdings Inc. increased its stake in Eaton Vance Total Return Bond ETF by 18.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,593,836 shares of the company’s stock worth $81,065,000 after purchasing an additional 245,780 shares in the last quarter. Finally, Spire Wealth Management raised its holdings in Eaton Vance Total Return Bond ETF by 145.6% during the 3rd quarter. Spire Wealth Management now owns 366,321 shares of the company’s stock worth $18,847,000 after buying an additional 217,166 shares during the period.

Eaton Vance Total Return Bond ETF Stock Up 0.3%

Shares of EVTR opened at $52.05 on Friday. Eaton Vance Total Return Bond ETF has a twelve month low of $49.32 and a twelve month high of $52.14. The firm’s 50 day moving average price is $51.60 and its two-hundred day moving average price is $51.55.

Eaton Vance Total Return Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Friday, January 30th were given a $0.2071 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) annualized dividend and a yield of 4.8%. This is an increase from Eaton Vance Total Return Bond ETF’s previous monthly dividend of $0.21.

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.