Cheviot Value Management LLC Grows Position in SPDR Doubleline Total Return Tactical ETF $TOTL

Cheviot Value Management LLC boosted its holdings in SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) by 10.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,080,501 shares of the company’s stock after purchasing an additional 102,992 shares during the quarter. SPDR Doubleline Total Return Tactical ETF accounts for about 4.7% of Cheviot Value Management LLC’s portfolio, making the stock its 5th largest holding. Cheviot Value Management LLC owned approximately 1.10% of SPDR Doubleline Total Return Tactical ETF worth $44,095,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. FWL Investment Management LLC increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 13.2% during the second quarter. FWL Investment Management LLC now owns 4,239 shares of the company’s stock worth $170,000 after purchasing an additional 495 shares during the period. American Trust bought a new stake in shares of SPDR Doubleline Total Return Tactical ETF in the second quarter valued at approximately $346,000. JPMorgan Chase & Co. grew its position in SPDR Doubleline Total Return Tactical ETF by 9.8% during the second quarter. JPMorgan Chase & Co. now owns 12,803 shares of the company’s stock worth $514,000 after buying an additional 1,146 shares in the last quarter. Richardson Financial Services Inc. increased its stake in SPDR Doubleline Total Return Tactical ETF by 10.3% during the 2nd quarter. Richardson Financial Services Inc. now owns 14,912 shares of the company’s stock worth $595,000 after acquiring an additional 1,393 shares during the period. Finally, Private Trust Co. NA increased its stake in SPDR Doubleline Total Return Tactical ETF by 19.2% during the 2nd quarter. Private Trust Co. NA now owns 16,621 shares of the company’s stock worth $667,000 after acquiring an additional 2,677 shares during the period.

SPDR Doubleline Total Return Tactical ETF Trading Up 0.1%

NYSEARCA:TOTL opened at $40.27 on Friday. SPDR Doubleline Total Return Tactical ETF has a fifty-two week low of $39.22 and a fifty-two week high of $40.86. The stock has a fifty day moving average price of $40.37 and a 200-day moving average price of $40.34.

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.