iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Hits New 52-Week Low – What’s Next?

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $21.21 and last traded at $21.22, with a volume of 484512 shares traded. The stock had previously closed at $21.36.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The stock has a 50 day simple moving average of $21.88 and a 200 day simple moving average of $22.35.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. First Bank & Trust grew its position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 27.3% in the second quarter. First Bank & Trust now owns 14,408 shares of the company’s stock valued at $322,000 after acquiring an additional 3,086 shares in the last quarter. Global Wealth Strategies & Associates lifted its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 7.5% during the second quarter. Global Wealth Strategies & Associates now owns 12,973 shares of the company’s stock worth $290,000 after purchasing an additional 906 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 144.6% during the first quarter. Bank of New York Mellon Corp now owns 269,932 shares of the company’s stock worth $6,106,000 after purchasing an additional 159,592 shares in the last quarter. Ascentis Independent Advisors boosted its stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 105.0% in the first quarter. Ascentis Independent Advisors now owns 245,150 shares of the company’s stock valued at $5,545,000 after purchasing an additional 125,593 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 639.1% in the first quarter. Janney Montgomery Scott LLC now owns 239,395 shares of the company’s stock valued at $5,415,000 after purchasing an additional 207,005 shares during the period.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Company Profile

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.