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

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) shares saw unusually-strong trading volume on Friday . Approximately 952,788 shares traded hands during mid-day trading, an increase of 138% from the previous session’s volume of 400,932 shares.The stock last traded at $39.36 and had previously closed at $39.32.

SPDR Doubleline Total Return Tactical ETF Stock Up 0.1%

The stock has a 50 day moving average of $39.55 and a 200 day moving average of $40.02.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

A number of hedge funds have recently bought and sold shares of TOTL. Betterment LLC boosted its stake in 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. Aufman Associates Inc raised its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 3.4% during 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 last quarter. Arkadios Wealth Advisors raised its holdings in shares of 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 valued at $717,000 after buying an additional 286 shares during the last quarter. FWL Investment Management LLC raised 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 buying an additional 535 shares during the last quarter. Finally, Greatmark Investment Partners Inc. raised its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 3.0% during the fourth quarter. Greatmark Investment Partners Inc. now owns 23,975 shares of the company’s stock valued at $965,000 after buying an additional 700 shares during 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.