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

Shares of SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw strong trading volume on Friday . 661,532 shares traded hands during trading, an increase of 32% from the previous session’s volume of 500,691 shares.The stock last traded at $39.43 and had previously closed at $39.40.

SPDR Doubleline Total Return Tactical ETF Stock Performance

The firm’s 50 day moving average is $39.92 and its 200 day moving average is $40.42.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

A number of hedge funds have recently added to or reduced their stakes in TOTL. Vicus Capital raised its stake in shares of SPDR Doubleline Total Return Tactical ETF by 20.6% during the 3rd quarter. Vicus Capital now owns 274,801 shares of the company’s stock worth $11,377,000 after buying an additional 46,889 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 3.9% in the third quarter. Captrust Financial Advisors now owns 221,157 shares of the company’s stock valued at $9,156,000 after purchasing an additional 8,256 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of SPDR Doubleline Total Return Tactical ETF by 4.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 86,125 shares of the company’s stock worth $3,566,000 after purchasing an additional 3,474 shares in the last quarter. Jaffetilchin Investment Partners LLC lifted its stake in SPDR Doubleline Total Return Tactical ETF by 114.8% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 59,792 shares of the company’s stock valued at $2,475,000 after buying an additional 31,954 shares in the last quarter. Finally, Pointe Capital Management LLC raised its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 20.3% in the third quarter. Pointe Capital Management LLC now owns 27,958 shares of the company’s stock worth $1,157,000 after acquiring an additional 4,722 shares during the last quarter.

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.