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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) shares saw strong trading volume on Thursday . 1,518,501 shares were traded during trading, an increase of 274% from the previous session’s volume of 406,227 shares.The stock last traded at $40.24 and had previously closed at $40.16.

SPDR Doubleline Total Return Tactical ETF Stock Performance

The business’s 50 day simple moving average is $40.99 and its 200 day simple moving average is $40.25.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

Large investors have recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC acquired a new stake in SPDR Doubleline Total Return Tactical ETF during the second quarter worth approximately $70,000. Perritt Capital Management Inc boosted its stake in SPDR Doubleline Total Return Tactical ETF by 102.9% in the 2nd quarter. Perritt Capital Management Inc now owns 1,804 shares of the company’s stock valued at $72,000 after purchasing an additional 915 shares during the period. Financial Gravity Asset Management Inc. acquired a new position in SPDR Doubleline Total Return Tactical ETF in the 1st quarter valued at $150,000. TIAA Trust National Association bought a new position in SPDR Doubleline Total Return Tactical ETF during the 1st quarter worth $262,000. Finally, Aufman Associates Inc lifted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 12.9% during the first quarter. Aufman Associates Inc now owns 6,989 shares of the company’s stock worth $280,000 after buying an additional 799 shares in the last quarter.

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.