SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sees Large Volume Increase – Still a Buy?

Shares of SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw an uptick in trading volume on Monday . 1,132,746 shares changed hands during mid-day trading, an increase of 182% from the previous session’s volume of 402,216 shares.The stock last traded at $40.42 and had previously closed at $40.67.

SPDR Doubleline Total Return Tactical ETF Stock Performance

The stock has a 50-day moving average price of $41.16 and a 200-day moving average price of $40.21.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

Large investors have recently modified their holdings of the company. Ashton Thomas Private Wealth LLC acquired a new stake in SPDR Doubleline Total Return Tactical ETF during the second quarter worth approximately $70,000. Perritt Capital Management Inc grew its position in shares of SPDR Doubleline Total Return Tactical ETF by 102.9% during the 2nd quarter. Perritt Capital Management Inc now owns 1,804 shares of the company’s stock worth $72,000 after buying an additional 915 shares during the period. Financial Gravity Asset Management Inc. acquired a new stake in shares of SPDR Doubleline Total Return Tactical ETF during the 1st quarter worth approximately $150,000. TIAA Trust National Association bought a new stake in shares of SPDR Doubleline Total Return Tactical ETF in the 1st quarter valued at $262,000. Finally, Aufman Associates Inc lifted its position in shares of SPDR Doubleline Total Return Tactical ETF by 12.9% during the 1st quarter. Aufman Associates Inc now owns 6,989 shares of the company’s stock valued at $280,000 after acquiring an additional 799 shares during the period.

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.