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

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $21.69 and last traded at $21.73, with a volume of 1655624 shares. The stock had previously closed at $21.77.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Down 0.2%

The stock has a 50 day simple moving average of $22.46 and a 200-day simple moving average of $22.86.

Institutional Trading of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

A number of large investors have recently added to or reduced their stakes in the company. Pinebridge Investments LLC bought a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter valued at approximately $11,950,000. Janney Montgomery Scott LLC increased its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 639.1% during the 1st 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 last quarter. Bank of New York Mellon Corp increased its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 144.6% during the 1st quarter. Bank of New York Mellon Corp now owns 269,932 shares of the company’s stock valued at $6,106,000 after purchasing an additional 159,592 shares during the last quarter. Ascentis Independent Advisors increased its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 105.0% during the 1st 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 last quarter. Finally, Claris Financial LLC bought a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter valued at approximately $1,085,000.

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.