SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Short Interest Update

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) was the target of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 172,806 shares, a decline of 60.0% from the February 26th total of 432,255 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 459,570 shares, the days-to-cover ratio is currently 0.4 days.

SPDR Doubleline Total Return Tactical ETF Stock Up 0.4%

Shares of SPDR Doubleline Total Return Tactical ETF stock opened at $39.70 on Thursday. SPDR Doubleline Total Return Tactical ETF has a 12-month low of $39.22 and a 12-month high of $40.86. The stock’s fifty day moving average is $40.25 and its 200-day moving average is $40.41.

SPDR Doubleline Total Return Tactical ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.1584 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.8%.

Institutional Trading of SPDR Doubleline Total Return Tactical ETF

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of SPDR Doubleline Total Return Tactical ETF by 9.8% in the second quarter. JPMorgan Chase & Co. now owns 12,803 shares of the company’s stock worth $514,000 after acquiring an additional 1,146 shares in the last quarter. Baird Financial Group Inc. boosted its stake in SPDR Doubleline Total Return Tactical ETF by 10.6% in the 2nd 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. Cheviot Value Management LLC boosted its stake in SPDR Doubleline Total Return Tactical ETF by 1.0% in the 2nd quarter. Cheviot Value Management LLC now owns 977,509 shares of the company’s stock worth $39,149,000 after purchasing an additional 9,586 shares during the period. Flow Traders U.S. LLC purchased a new position in SPDR Doubleline Total Return Tactical ETF during the 2nd quarter worth approximately $916,000. Finally, NewEdge Advisors LLC raised its stake in SPDR Doubleline Total Return Tactical ETF by 13.5% during the 2nd quarter. NewEdge Advisors LLC now owns 230,540 shares of the company’s stock valued at $9,247,000 after purchasing an additional 27,504 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.