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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) hit a new 52-week low on Tuesday . The company traded as low as $38.97 and last traded at $38.97, with a volume of 5724 shares changing hands. The stock had previously closed at $39.06.

SPDR Doubleline Total Return Tactical ETF Trading Down 0.3%

The company’s fifty day moving average price is $39.29 and its 200-day moving average price is $39.80.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. bought a new stake in SPDR Doubleline Total Return Tactical ETF in the third quarter worth $29,000. Triumph Capital Management bought a new position in shares of SPDR Doubleline Total Return Tactical ETF during the third quarter valued at $39,000. FWL Investment Management LLC increased 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 valued at $194,000 after acquiring an additional 535 shares in the last quarter. Boston Family Office LLC purchased a new position in shares of SPDR Doubleline Total Return Tactical ETF in the 4th quarter worth about $201,000. Finally, ADG Wealth Management Group LLC purchased a new position in shares of SPDR Doubleline Total Return Tactical ETF in the 4th quarter worth about $233,000.

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.