iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Reaches New 52-Week Low – Here’s What Happened

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTWGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $21.56 and last traded at $21.57, with a volume of 593128 shares traded. The stock had previously closed at $21.63.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The business’s 50 day moving average is $22.05 and its 200 day moving average is $22.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TLTW. First Bank & Trust increased its holdings in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 27.3% in the 2nd 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 during the last quarter. Global Wealth Strategies & Associates lifted its stake in 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 during the last quarter. Bank of New York Mellon Corp lifted its stake in 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 during the last quarter. Ascentis Independent Advisors boosted its holdings in 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 in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in 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 in the last quarter.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Company Profile

(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.

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