iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Hits New 12-Month Low – Should You Sell?

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTWGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as $21.09 and last traded at $21.11, with a volume of 74141 shares traded. The stock had previously closed at $21.18.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The business’s 50-day moving average is $21.83 and its 200 day moving average is $22.32.

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

Several institutional investors have recently made changes to their positions in TLTW. JPMorgan Chase & Co. increased its stake in 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 worth $93,000 after acquiring an additional 939 shares during the period. Triumph Capital Management raised its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 24.7% in the third quarter. Triumph Capital Management now owns 17,343 shares of the company’s stock valued at $405,000 after purchasing an additional 3,436 shares in the last quarter. PNC Financial Services Group Inc. bought a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the fourth quarter worth about $54,000. Cullen Frost Bankers Inc. lifted its position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 38.6% during the fourth quarter. Cullen Frost Bankers Inc. now owns 8,805 shares of the company’s stock worth $200,000 after purchasing an additional 2,454 shares during the period. Finally, Private Wealth Asset Management LLC acquired a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the fourth quarter worth about $113,000.

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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