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:TLTW) reached a new 52-week low on Wednesday . The stock traded as low as $21.99 and last traded at $22.01, with a volume of 436356 shares trading hands. The stock had previously closed at $22.07.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The firm has a fifty day moving average price of $22.57 and a two-hundred day moving average price of $22.92.

Institutional Investors Weigh In On iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter valued at about $54,000. IFP Advisors Inc purchased a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 3rd quarter valued at about $89,000. JPMorgan Chase & Co. increased its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 30.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,997 shares of the company’s stock valued at $93,000 after purchasing an additional 939 shares during the last quarter. Private Wealth Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter valued at $113,000. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 3rd quarter valued at $148,000.

About iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

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.