SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Reaches New 1-Year Low – Should You Sell?

Shares of SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) hit a new 52-week low during trading on Friday . The company traded as low as $39.17 and last traded at $39.18, with a volume of 68955 shares traded. The stock had previously closed at $39.39.

SPDR Doubleline Total Return Tactical ETF Trading Down 0.6%

The business’s 50-day simple moving average is $39.79 and its 200-day simple moving average is $40.19.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TOTL. Betterment LLC grew its stake in shares of 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 worth $233,000 after purchasing an additional 251 shares during the period. Aufman Associates Inc lifted its stake in SPDR Doubleline Total Return Tactical ETF by 3.4% in the fourth quarter. Aufman Associates Inc now owns 7,725 shares of the company’s stock valued at $311,000 after buying an additional 254 shares during the period. Arkadios Wealth Advisors boosted its holdings in SPDR Doubleline Total Return Tactical ETF by 1.6% during the fourth quarter. Arkadios Wealth Advisors now owns 17,811 shares of the company’s stock worth $717,000 after buying an additional 286 shares during the last quarter. Greatmark Investment Partners Inc. grew its position in shares of SPDR Doubleline Total Return Tactical ETF by 1.3% during the 3rd quarter. Greatmark Investment Partners Inc. now owns 23,275 shares of the company’s stock worth $944,000 after buying an additional 300 shares during the period. Finally, FWL Investment Management LLC grew its position in shares of SPDR Doubleline Total Return Tactical ETF by 12.6% during the 3rd quarter. FWL Investment Management LLC now owns 4,774 shares of the company’s stock worth $194,000 after buying an additional 535 shares during the period.

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.