SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Reaches New 12-Month Low – Time to Sell?

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $38.49 and last traded at $38.51, with a volume of 7561 shares traded. The stock had previously closed at $38.76.

SPDR Doubleline Total Return Tactical ETF Price Performance

The stock has a 50-day moving average of $39.00 and a 200-day moving average of $39.50.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its position in shares of SPDR Doubleline Total Return Tactical ETF by 9.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,803 shares of the company’s stock valued at $514,000 after acquiring an additional 1,146 shares during the last quarter. Baird Financial Group Inc. raised its stake in SPDR Doubleline Total Return Tactical ETF by 10.6% in the second quarter. Baird Financial Group Inc. now owns 29,611 shares of the company’s stock valued at $1,188,000 after purchasing an additional 2,847 shares in the last quarter. NewEdge Advisors LLC lifted its position in SPDR Doubleline Total Return Tactical ETF by 13.5% during the second quarter. NewEdge Advisors LLC now owns 230,540 shares of the company’s stock valued at $9,247,000 after purchasing an additional 27,504 shares during the last quarter. Captrust Financial Advisors lifted its position in SPDR Doubleline Total Return Tactical ETF by 111.6% during the second quarter. Captrust Financial Advisors now owns 514,531 shares of the company’s stock valued at $20,638,000 after purchasing an additional 271,382 shares during the last quarter. Finally, Betterment LLC lifted its position in SPDR Doubleline Total Return Tactical ETF by 4.6% during the third quarter. Betterment LLC now owns 5,748 shares of the company’s stock valued at $233,000 after purchasing an additional 251 shares during 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.