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

Shares of SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) hit a new 52-week low during trading on Tuesday . The stock traded as low as $38.97 and last traded at $38.97, with a volume of 5724 shares trading hands. The stock had previously closed at $39.06.

SPDR Doubleline Total Return Tactical ETF Stock Performance

The company’s 50-day moving average is $39.29 and its 200 day moving average is $39.80.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

A number of institutional investors have recently made changes to their positions in the company. Sunbelt Securities Inc. bought a new stake in shares of SPDR Doubleline Total Return Tactical ETF during the third quarter valued at approximately $29,000. Triumph Capital Management purchased a new position in SPDR Doubleline Total Return Tactical ETF in the 3rd quarter worth approximately $39,000. FWL Investment Management LLC lifted its position in SPDR Doubleline Total Return Tactical ETF by 12.6% in the 3rd 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 bought a new position in SPDR Doubleline Total Return Tactical ETF in the 4th quarter valued at approximately $201,000. Finally, ADG Wealth Management Group LLC bought a new position in SPDR Doubleline Total Return Tactical ETF in the 4th quarter valued at approximately $233,000.

About SPDR Doubleline Total Return Tactical ETF

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.