iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Reaches New 1-Year Low – Here’s What Happened

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTWGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $21.99 and last traded at $22.01, with a volume of 436356 shares traded. The stock had previously closed at $22.07.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The stock’s 50-day moving average is $22.57 and its two-hundred day moving average is $22.92.

Hedge Funds Weigh In On iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. purchased a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the fourth quarter valued at $54,000. IFP Advisors Inc purchased a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the third quarter valued at $89,000. JPMorgan Chase & Co. lifted its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 30.7% in the second quarter. JPMorgan Chase & Co. now owns 3,997 shares of the company’s stock worth $93,000 after buying an additional 939 shares in the last quarter. Private Wealth Asset Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the fourth quarter worth about $113,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the third quarter worth about $148,000.

About iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

(Get Free Report)

The iShares 20+ Year Treasury Bond Buywrite Strategy ETF (TLTW) is an exchange-traded fund that is based on the CBOE TLT 2% OTM Buywrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares 20+ Year Treasury Bond ETF and writes one-month, out-of-the-money call options against the shares. TLTW was launched on Aug 18, 2022 and is managed by BlackRock.

Further Reading

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