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

Shares of SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw unusually-high trading volume on Monday . Approximately 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 Price Performance

The company’s 50-day simple moving average is $39.67 and its 200-day simple moving average is $40.35.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

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