Diversified Portfolios Inc. Invests $930,000 in SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL)

Diversified Portfolios Inc. bought a new position in SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) during the 4th quarter, Holdings Channel reports. The fund bought 23,603 shares of the company’s stock, valued at approximately $930,000.

A number of other hedge funds also recently bought and sold shares of the business. Strategic Blueprint LLC purchased a new stake in SPDR Doubleline Total Return Tactical ETF in the 4th quarter worth approximately $314,000. IHT Wealth Management LLC lifted its stake in SPDR Doubleline Total Return Tactical ETF by 20.0% in the third quarter. IHT Wealth Management LLC now owns 9,026 shares of the company’s stock worth $374,000 after acquiring an additional 1,504 shares during the period. Private Trust Co. NA lifted its stake in SPDR Doubleline Total Return Tactical ETF by 13.1% in the third quarter. Private Trust Co. NA now owns 11,083 shares of the company’s stock worth $459,000 after acquiring an additional 1,288 shares during the period. Virtue Capital Management LLC boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 27.2% in the third quarter. Virtue Capital Management LLC now owns 11,608 shares of the company’s stock valued at $481,000 after acquiring an additional 2,483 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in SPDR Doubleline Total Return Tactical ETF during the 3rd quarter valued at $757,000.

SPDR Doubleline Total Return Tactical ETF Stock Down 0.3 %

NYSEARCA:TOTL opened at $39.58 on Wednesday. The company has a 50-day moving average price of $39.59 and a 200-day moving average price of $40.33. SPDR Doubleline Total Return Tactical ETF has a 12 month low of $38.37 and a 12 month high of $41.69.

SPDR Doubleline Total Return Tactical ETF 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.