Pointe Capital Management LLC Takes Position in SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL)

Pointe Capital Management LLC bought a new stake in SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 12,070 shares of the company’s stock, valued at approximately $486,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TOTL. Bank of New York Mellon Corp increased its holdings in SPDR Doubleline Total Return Tactical ETF by 128.4% during the third quarter. Bank of New York Mellon Corp now owns 1,319,073 shares of the company’s stock worth $50,982,000 after buying an additional 741,486 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its holdings in SPDR Doubleline Total Return Tactical ETF by 5.0% during the third quarter. Pinnacle Wealth Management Advisory Group LLC now owns 82,131 shares of the company’s stock worth $3,174,000 after buying an additional 3,900 shares during the last quarter. Family Capital Trust Co purchased a new stake in SPDR Doubleline Total Return Tactical ETF during the third quarter worth about $25,000. Triumph Capital Management increased its holdings in SPDR Doubleline Total Return Tactical ETF by 5.7% during the third quarter. Triumph Capital Management now owns 10,117 shares of the company’s stock worth $391,000 after buying an additional 544 shares during the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new stake in SPDR Doubleline Total Return Tactical ETF during the third quarter worth about $114,000.

SPDR Doubleline Total Return Tactical ETF Stock Performance

NYSEARCA TOTL traded up $0.20 during trading hours on Friday, reaching $39.31. 679,627 shares of the company were exchanged, compared to its average volume of 522,072. SPDR Doubleline Total Return Tactical ETF has a 1 year low of $37.45 and a 1 year high of $41.24. The business’s 50 day simple moving average is $39.52 and its 200-day simple moving average is $39.39.

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.