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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw strong trading volume on Wednesday . 1,586,014 shares changed hands during mid-day trading, an increase of 275% from the previous session’s volume of 422,574 shares.The stock last traded at $39.84 and had previously closed at $40.12.

SPDR Doubleline Total Return Tactical ETF Price Performance

The firm’s 50-day moving average price is $40.92 and its two-hundred day moving average price is $40.28.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of TOTL. Jaffetilchin Investment Partners LLC increased its stake in SPDR Doubleline Total Return Tactical ETF by 114.8% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 59,792 shares of the company’s stock valued at $2,475,000 after purchasing an additional 31,954 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in 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 valued at $3,566,000 after purchasing an additional 3,474 shares in the last quarter. Pointe Capital Management LLC increased its stake in SPDR Doubleline Total Return Tactical ETF by 20.3% during the 3rd quarter. Pointe Capital Management LLC now owns 27,958 shares of the company’s stock valued at $1,157,000 after purchasing an additional 4,722 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in SPDR Doubleline Total Return Tactical ETF during the 3rd quarter valued at approximately $757,000. Finally, Vicus Capital increased its stake in 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 valued at $11,377,000 after purchasing an additional 46,889 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.