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News  ›  The Motley Fool

This Fund’s Biggest Bet? A $15 Million Move Into Eaton Vance’s Total Return Bond ETF

The Motley Fool Logo The Motley Fool By Jonathan Ponciano
This Fund’s Biggest Bet? A $15 Million Move Into Eaton Vance’s Total Return Bond ETF

Utah-based Coign Capital Advisors increased its stake in the Eaton Vance Total Return Bond ETF (EVTR) by 89,612 shares in Q3, making it the fund's largest holding at $15.4 million, representing 8.5% of its reportable assets.

Insights
SYM   positive

36% revenue growth, $22.4 billion contracted backlog primarily with Walmart, representing a strong position in warehouse automation


EVTR   positive

The ETF shows a stable 7.1% annual return, offers diversified investment-grade bond exposure, and is viewed as a defensive investment with potential for steady income and capital preservation