SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL – Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 137,982 shares, an increase of 110.2% from the August 15th total of 65,653 shares. Based on an average daily trading volume, of 475,717 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.
Institutional Trading of 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. Janney Montgomery Scott LLC raised its position in shares of SPDR Doubleline Total Return Tactical ETF by 213.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 956,335 shares of the company’s stock valued at $37,995,000 after acquiring an additional 651,600 shares during the period. ADG Wealth Management Group LLC grew its holdings in SPDR Doubleline Total Return Tactical ETF by 1,575.2% during the first quarter. ADG Wealth Management Group LLC now owns 96,976 shares of the company’s stock valued at $3,853,000 after purchasing an additional 91,187 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its stake in SPDR Doubleline Total Return Tactical ETF by 8.4% in the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 337,663 shares of the company’s stock valued at $13,415,000 after purchasing an additional 26,056 shares in the last quarter. Bank of New York Mellon Corp increased its stake in SPDR Doubleline Total Return Tactical ETF by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 824,067 shares of the company’s stock valued at $32,740,000 after purchasing an additional 25,859 shares in the last quarter. Finally, Vicus Capital raised its holdings in SPDR Doubleline Total Return Tactical ETF by 5.6% in the first quarter. Vicus Capital now owns 319,644 shares of the company’s stock worth $12,699,000 after purchasing an additional 16,811 shares during the period.
SPDR Doubleline Total Return Tactical ETF Trading Down 0.1%
Shares of TOTL opened at $38.02 on Wednesday. The business’s fifty day moving average price is $38.77 and its two-hundred day moving average price is $39.33. SPDR Doubleline Total Return Tactical ETF has a 52 week low of $37.98 and a 52 week high of $40.86.
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.
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