SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sees Strong Trading Volume – Here’s What Happened

Shares of SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw unusually-high trading volume on Thursday . 270,971 shares changed hands during trading, a decline of 41% from the previous session’s volume of 455,777 shares.The stock last traded at $38.09 and had previously closed at $37.96.

SPDR Doubleline Total Return Tactical ETF Price Performance

The stock’s 50 day simple moving average is $38.74 and its two-hundred day simple moving average is $39.31.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

A number of hedge funds have recently modified their holdings of TOTL. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 6.9% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 360,810 shares of the company’s stock valued at $14,241,000 after purchasing an additional 23,147 shares during the last quarter. Pointe Capital Management LLC grew its position in SPDR Doubleline Total Return Tactical ETF by 8.7% in the second quarter. Pointe Capital Management LLC now owns 39,926 shares of the company’s stock valued at $1,576,000 after purchasing an additional 3,191 shares in the last quarter. Principia Wealth Advisory LLC increased its stake in SPDR Doubleline Total Return Tactical ETF by 17.2% in the 2nd quarter. Principia Wealth Advisory LLC now owns 52,765 shares of the company’s stock valued at $2,083,000 after buying an additional 7,750 shares during the last quarter. Strategic Investment Advisors MI increased its position in shares of SPDR Doubleline Total Return Tactical ETF by 184.2% in the first quarter. Strategic Investment Advisors MI now owns 15,701 shares of the company’s stock valued at $624,000 after acquiring an additional 10,177 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in SPDR Doubleline Total Return Tactical ETF by 2.1% during the first quarter. Arkadios Wealth Advisors now owns 18,184 shares of the company’s stock worth $722,000 after acquiring an additional 373 shares in the last quarter.

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.