SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Hits New 52-Week Low – Here’s What Happened

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $38.38 and last traded at $38.38, with a volume of 145319 shares trading hands. The stock had previously closed at $38.50.

SPDR Doubleline Total Return Tactical ETF Stock Performance

The business has a fifty day moving average of $38.84 and a two-hundred day moving average of $39.38.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

A number of hedge funds have recently modified their holdings of TOTL. Sunbelt Securities Inc. bought a new position in shares of SPDR Doubleline Total Return Tactical ETF during the third quarter worth approximately $29,000. Triumph Capital Management bought a new position in SPDR Doubleline Total Return Tactical ETF during the 3rd quarter worth $39,000. FWL Investment Management LLC lifted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 12.6% during the third quarter. FWL Investment Management LLC now owns 4,774 shares of the company’s stock worth $194,000 after buying an additional 535 shares in the last quarter. Boston Family Office LLC acquired a new stake in shares of SPDR Doubleline Total Return Tactical ETF during the fourth quarter worth $201,000. Finally, Betterment LLC boosted its position in shares of SPDR Doubleline Total Return Tactical ETF by 4.6% in the third quarter. Betterment LLC now owns 5,748 shares of the company’s stock valued at $233,000 after acquiring an additional 251 shares during the period.

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.