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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) shares hit a new 52-week low on Monday . The stock traded as low as $37.87 and last traded at $38.01, with a volume of 6111 shares trading hands. The stock had previously closed at $37.96.

SPDR Doubleline Total Return Tactical ETF Stock Performance

The business’s 50 day moving average price is $38.66 and its 200-day moving average price is $39.24.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC grew its position in shares of SPDR Doubleline Total Return Tactical ETF by 213.8% in the first quarter. Janney Montgomery Scott LLC now owns 956,335 shares of the company’s stock valued at $37,995,000 after purchasing an additional 651,600 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in SPDR Doubleline Total Return Tactical ETF by 3.2% during the 1st quarter. Bank of New York Mellon Corp now owns 824,067 shares of the company’s stock worth $32,740,000 after purchasing an additional 25,859 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in SPDR Doubleline Total Return Tactical ETF by 6.9% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 360,810 shares of the company’s stock worth $14,241,000 after purchasing an additional 23,147 shares during the last quarter. Vicus Capital boosted its stake in SPDR Doubleline Total Return Tactical ETF by 5.6% in the 1st quarter. Vicus Capital now owns 319,644 shares of the company’s stock valued at $12,699,000 after purchasing an additional 16,811 shares during the period. Finally, Diversified Portfolios Inc. boosted its stake in SPDR Doubleline Total Return Tactical ETF by 4.3% in the 4th quarter. Diversified Portfolios Inc. now owns 175,789 shares of the company’s stock valued at $7,076,000 after purchasing an additional 7,193 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.