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

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $21.41 and last traded at $21.49, with a volume of 1251977 shares. The stock had previously closed at $21.77.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Trading Down 1.6%

The business has a fifty day simple moving average of $22.03 and a two-hundred day simple moving average of $22.46.

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

A number of hedge funds have recently made changes to their positions in the stock. Alpine Bank Wealth Management grew its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 1.4% in the fourth quarter. Alpine Bank Wealth Management now owns 37,803 shares of the company’s stock valued at $857,000 after purchasing an additional 540 shares during 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 valued at $290,000 after buying an additional 906 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 30.7% during the second quarter. JPMorgan Chase & Co. now owns 3,997 shares of the company’s stock valued at $93,000 after buying an additional 939 shares during the last quarter. PNC Financial Services Group Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter valued at about $54,000. Finally, Cullen Frost Bankers Inc. grew its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 38.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 8,805 shares of the company’s stock worth $200,000 after buying an additional 2,454 shares during the last quarter.

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.