SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sets New 12-Month Low – Here’s What Happened

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTLGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $38.38 and last traded at $38.38, with a volume of 145319 shares traded. The stock had previously closed at $38.50.

SPDR Doubleline Total Return Tactical ETF Stock Down 0.2%

The company’s 50 day simple moving average is $38.88 and its two-hundred day simple moving average is $39.41.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. purchased a new stake in SPDR Doubleline Total Return Tactical ETF in the third quarter valued at about $29,000. Triumph Capital Management acquired a new position in shares of SPDR Doubleline Total Return Tactical ETF during the third quarter valued at about $39,000. FWL Investment Management LLC increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 12.6% during the third quarter. FWL Investment Management LLC now owns 4,774 shares of the company’s stock valued at $194,000 after acquiring an additional 535 shares in the last quarter. Boston Family Office LLC purchased a new position in shares of SPDR Doubleline Total Return Tactical ETF in the 4th quarter valued at approximately $201,000. Finally, Betterment LLC boosted its stake in SPDR Doubleline Total Return Tactical ETF by 4.6% in the 3rd quarter. Betterment LLC now owns 5,748 shares of the company’s stock worth $233,000 after purchasing an additional 251 shares in the last quarter.

About SPDR Doubleline Total Return Tactical ETF

(Get Free Report)

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.

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