SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sees Large Volume Increase – Here’s What Happened

Shares of SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw strong trading volume on Friday . 952,788 shares traded hands during 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 Stock Performance

The company’s 50-day moving average price is $39.54 and its two-hundred day moving average price is $40.01.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Strategic Investment Advisors MI boosted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 184.2% in the first quarter. Strategic Investment Advisors MI now owns 15,701 shares of the company’s stock worth $624,000 after buying an additional 10,177 shares during the period. Arkadios Wealth Advisors boosted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 2.1% in the first quarter. Arkadios Wealth Advisors now owns 18,184 shares of the company’s stock worth $722,000 after buying an additional 373 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 824,067 shares of the company’s stock worth $32,740,000 after buying an additional 25,859 shares during the period. USAdvisors Wealth Management LLC boosted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 3.0% in the first quarter. USAdvisors Wealth Management LLC now owns 88,735 shares of the company’s stock worth $3,517,000 after buying an additional 2,545 shares during the period. Finally, Vicus Capital boosted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 5.6% in the first quarter. Vicus Capital now owns 319,644 shares of the company’s stock worth $12,699,000 after buying an additional 16,811 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.