KPP Advisory Services LLC Makes New Investment in Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR)

KPP Advisory Services LLC bought a new stake in shares of Eaton Vance Total Return Bond ETF (NYSEARCA:EVTR) during the fourth quarter, HoldingsChannel reports. The firm bought 4,250 shares of the company’s stock, valued at approximately $212,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Redhawk Wealth Advisors Inc. bought a new position in Eaton Vance Total Return Bond ETF during the 3rd quarter valued at approximately $11,079,000. Stage Harbor Financial LLC bought a new position in shares of Eaton Vance Total Return Bond ETF during the third quarter valued at $389,000. SeaCrest Wealth Management LLC purchased a new position in shares of Eaton Vance Total Return Bond ETF in the 3rd quarter worth about $322,000. Inspire Advisors LLC bought a new position in Eaton Vance Total Return Bond ETF in the 3rd quarter worth about $2,566,000. Finally, Raymond James & Associates grew its position in Eaton Vance Total Return Bond ETF by 337.5% during the 3rd quarter. Raymond James & Associates now owns 49,372 shares of the company’s stock valued at $2,557,000 after purchasing an additional 38,087 shares during the last quarter.

Eaton Vance Total Return Bond ETF Stock Performance

NYSEARCA:EVTR opened at $50.05 on Tuesday. Eaton Vance Total Return Bond ETF has a fifty-two week low of $48.43 and a fifty-two week high of $52.49. The firm has a 50-day simple moving average of $50.14 and a two-hundred day simple moving average of $50.78.

Eaton Vance Total Return Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Investors of record on Friday, January 31st will be issued a $0.1877 dividend. The ex-dividend date of this dividend is Friday, January 31st.

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.