SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Hits New 1-Year Low – Here’s Why

Shares of SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) hit a new 52-week low during mid-day trading on Monday. The company traded as low as $37.09 and last traded at $37.27, with a volume of 21141 shares. The stock had previously closed at $37.29.

SPDR Doubleline Total Return Tactical ETF Price Performance

The company has a 50-day moving average price of $38.36 and a 200 day moving average price of $39.05.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TOTL. Janney Montgomery Scott LLC boosted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 213.8% during the 1st 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. ADG Wealth Management Group LLC increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 1,575.2% in the first quarter. ADG Wealth Management Group LLC now owns 96,976 shares of the company’s stock worth $3,853,000 after purchasing an additional 91,187 shares during the last quarter. Bank of New Hampshire increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 50.4% in the third quarter. Bank of New Hampshire now owns 116,703 shares of the company’s stock worth $4,367,000 after purchasing an additional 39,113 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of SPDR Doubleline Total Return Tactical ETF by 8.4% in the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 337,663 shares of the company’s stock worth $13,415,000 after buying an additional 26,056 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position 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 in 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.