iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Sets New 1-Year Low – Time to Sell?

Shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) reached a new 52-week low during trading on Wednesday . The stock traded as low as $21.99 and last traded at $22.01, with a volume of 436356 shares traded. The stock had previously closed at $22.07.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Price Performance

The firm’s 50-day simple moving average is $22.52 and its 200-day simple moving average is $22.89.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp raised its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 144.6% in the first quarter. Bank of New York Mellon Corp now owns 269,932 shares of the company’s stock valued at $6,106,000 after buying an additional 159,592 shares during the last quarter. Ascentis Independent Advisors raised its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 105.0% in 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. Janney Montgomery Scott LLC grew its position in 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 worth $5,415,000 after purchasing an additional 207,005 shares during the last quarter. Claris Financial LLC acquired a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter valued at approximately $1,085,000. Finally, Walled Lake Planning & Wealth Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 49.9% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 13,155 shares of the company’s stock worth $298,000 after buying an additional 4,380 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.