SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Trading 0% Higher – Time to Buy?

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL)’s share price rose 0% during mid-day trading on Thursday . The stock traded as high as $39.50 and last traded at $39.40. Approximately 361,964 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 437,458 shares. The stock had previously closed at $39.39.

SPDR Doubleline Total Return Tactical ETF Stock Down 0.1 %

The firm’s 50 day moving average is $39.90 and its 200 day moving average is $40.41.

Hedge Funds Weigh In On SPDR Doubleline Total Return Tactical ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of SPDR Doubleline Total Return Tactical ETF in the second quarter worth about $70,000. Perritt Capital Management Inc lifted its holdings in SPDR Doubleline Total Return Tactical ETF by 102.9% in the 2nd quarter. Perritt Capital Management Inc now owns 1,804 shares of the company’s stock worth $72,000 after buying an additional 915 shares during the period. IHT Wealth Management LLC lifted its holdings in SPDR Doubleline Total Return Tactical ETF by 20.0% in the 3rd quarter. IHT Wealth Management LLC now owns 9,026 shares of the company’s stock worth $374,000 after buying an additional 1,504 shares during the period. Private Trust Co. NA grew its position in shares of SPDR Doubleline Total Return Tactical ETF by 13.1% in the 3rd quarter. Private Trust Co. NA now owns 11,083 shares of the company’s stock worth $459,000 after buying an additional 1,288 shares during the last quarter. Finally, Virtue Capital Management LLC increased its stake in shares of SPDR Doubleline Total Return Tactical ETF by 27.2% during the third quarter. Virtue Capital Management LLC now owns 11,608 shares of the company’s stock valued at $481,000 after buying an additional 2,483 shares during the period.

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.