SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Sees Large Volume Increase – Time to Buy?

Shares of SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) saw an uptick in trading volume on Wednesday . 1,586,014 shares traded hands during mid-day trading, an increase of 275% from the previous session’s volume of 422,574 shares.The stock last traded at $39.84 and had previously closed at $40.12.

SPDR Doubleline Total Return Tactical ETF Stock Down 0.8 %

The business’s fifty day moving average price is $40.92 and its two-hundred day moving average price is $40.28.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

Hedge funds have recently added to or reduced their stakes in the company. Eldridge Investment Advisors Inc. grew its holdings in SPDR Doubleline Total Return Tactical ETF by 12.4% during the 2nd quarter. Eldridge Investment Advisors Inc. now owns 63,485 shares of the company’s stock valued at $2,522,000 after purchasing an additional 7,000 shares during the last quarter. Vicus Capital grew its holdings in SPDR Doubleline Total Return Tactical ETF by 20.6% during the 3rd quarter. Vicus Capital now owns 274,801 shares of the company’s stock valued at $11,377,000 after purchasing an additional 46,889 shares during the last quarter. Perritt Capital Management Inc grew its holdings in SPDR Doubleline Total Return Tactical ETF by 102.9% during the 2nd quarter. Perritt Capital Management Inc now owns 1,804 shares of the company’s stock valued at $72,000 after purchasing an additional 915 shares during the last quarter. 1620 Investment Advisors Inc. grew its holdings in SPDR Doubleline Total Return Tactical ETF by 12.1% during the 2nd quarter. 1620 Investment Advisors Inc. now owns 41,123 shares of the company’s stock valued at $1,633,000 after purchasing an additional 4,431 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in SPDR Doubleline Total Return Tactical ETF by 6.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,447,324 shares of the company’s stock valued at $57,488,000 after purchasing an additional 87,915 shares during the last quarter.

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.