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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw strong trading volume on Friday . 952,788 shares traded hands during mid-day trading, an increase of 138% from the previous session’s volume of 400,932 shares.The stock last traded at $39.36 and had previously closed at $39.32.

SPDR Doubleline Total Return Tactical ETF Price Performance

The firm has a 50-day simple moving average of $39.55 and a 200 day simple moving average of $40.02.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Betterment LLC raised its position in SPDR Doubleline Total Return Tactical ETF by 4.6% in the third quarter. Betterment LLC now owns 5,748 shares of the company’s stock valued at $233,000 after purchasing an additional 251 shares during the period. Aufman Associates Inc raised its position in SPDR Doubleline Total Return Tactical ETF by 3.4% in the fourth quarter. Aufman Associates Inc now owns 7,725 shares of the company’s stock valued at $311,000 after purchasing an additional 254 shares during the period. Arkadios Wealth Advisors raised its position in SPDR Doubleline Total Return Tactical ETF by 1.6% in the fourth quarter. Arkadios Wealth Advisors now owns 17,811 shares of the company’s stock valued at $717,000 after purchasing an additional 286 shares during the period. FWL Investment Management LLC raised its position in SPDR Doubleline Total Return Tactical ETF by 12.6% in the third quarter. FWL Investment Management LLC now owns 4,774 shares of the company’s stock valued at $194,000 after purchasing an additional 535 shares during the period. Finally, Greatmark Investment Partners Inc. raised its position in SPDR Doubleline Total Return Tactical ETF by 3.0% in the fourth quarter. Greatmark Investment Partners Inc. now owns 23,975 shares of the company’s stock valued at $965,000 after purchasing an additional 700 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.