SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sees Strong Trading Volume – Should You Buy?

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) shares saw an uptick in trading volume on Monday . 842,837 shares changed hands during trading, an increase of 96% from the previous session’s volume of 430,604 shares.The stock last traded at $39.54 and had previously closed at $39.53.

SPDR Doubleline Total Return Tactical ETF Stock Performance

The business has a 50 day moving average price of $39.64 and a 200-day moving average price of $40.34.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Strategic Blueprint LLC bought a new position in SPDR Doubleline Total Return Tactical ETF in the 4th quarter valued at about $314,000. IHT Wealth Management LLC increased its stake in shares of SPDR Doubleline Total Return Tactical ETF by 20.0% during the third quarter. IHT Wealth Management LLC now owns 9,026 shares of the company’s stock worth $374,000 after purchasing an additional 1,504 shares during the period. Private Trust Co. NA lifted its holdings in SPDR Doubleline Total Return Tactical ETF by 13.1% during the 3rd quarter. Private Trust Co. NA now owns 11,083 shares of the company’s stock worth $459,000 after purchasing an additional 1,288 shares during the last quarter. Virtue Capital Management LLC boosted its stake in SPDR Doubleline Total Return Tactical ETF by 27.2% in the 3rd quarter. Virtue Capital Management LLC now owns 11,608 shares of the company’s stock valued at $481,000 after purchasing an additional 2,483 shares during the period. Finally, Arkadios Wealth Advisors acquired a new position in SPDR Doubleline Total Return Tactical ETF in the 3rd quarter valued at $757,000.

SPDR Doubleline Total Return Tactical ETF Company Profile

The SPDR DoubleLine Total Return Tactical ETF (TOTL) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed, long-only bond fund that invests in a wide array of fixed income instruments of any maturity and credit quality. TOTL was launched on Feb 23, 2015 and is managed by State Street.