SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Reaches New 12-Month Low – Should You Sell?

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

SPDR Doubleline Total Return Tactical ETF Stock Performance

The business has a 50 day moving average price of $39.27 and a two-hundred day moving average price of $39.78.

Institutional Investors Weigh In On SPDR Doubleline Total Return Tactical ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TOTL. JPMorgan Chase & Co. grew its holdings in SPDR Doubleline Total Return Tactical ETF by 9.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,803 shares of the company’s stock worth $514,000 after acquiring an additional 1,146 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 10.6% during the second quarter. Baird Financial Group Inc. now owns 29,611 shares of the company’s stock worth $1,188,000 after purchasing an additional 2,847 shares during the period. NewEdge Advisors LLC grew its stake in shares of SPDR Doubleline Total Return Tactical ETF by 13.5% in the second quarter. NewEdge Advisors LLC now owns 230,540 shares of the company’s stock worth $9,247,000 after purchasing an additional 27,504 shares during the last quarter. Captrust Financial Advisors increased its holdings in SPDR Doubleline Total Return Tactical ETF by 111.6% during the 2nd quarter. Captrust Financial Advisors now owns 514,531 shares of the company’s stock valued at $20,638,000 after purchasing an additional 271,382 shares during the period. Finally, Betterment LLC increased its holdings in SPDR Doubleline Total Return Tactical ETF by 4.6% during the 3rd quarter. Betterment LLC now owns 5,748 shares of the company’s stock valued at $233,000 after purchasing an additional 251 shares during the period.

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.