SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Reaches New 1-Year Low – Should You Sell?

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL)’s share price reached a new 52-week low on Friday . The stock traded as low as $39.17 and last traded at $39.18, with a volume of 68955 shares. The stock had previously closed at $39.39.

SPDR Doubleline Total Return Tactical ETF Stock Down 0.6%

The company’s 50 day simple moving average is $39.79 and its 200 day simple moving average is $40.19.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

Several hedge funds have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. bought a new position in SPDR Doubleline Total Return Tactical ETF during the third quarter worth about $29,000. Bare Financial Services Inc acquired a new position in SPDR Doubleline Total Return Tactical ETF in the third quarter valued at about $31,000. Triumph Capital Management bought a new stake in shares of SPDR Doubleline Total Return Tactical ETF in the third quarter worth about $39,000. FWL Investment Management LLC raised its position 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 worth $194,000 after purchasing an additional 535 shares during the period. Finally, Boston Family Office LLC acquired a new stake in shares of SPDR Doubleline Total Return Tactical ETF during the fourth quarter worth about $201,000.

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.