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

Shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) hit a new 52-week low on Thursday . The stock traded as low as $20.88 and last traded at $20.8950, with a volume of 214382 shares traded. The stock had previously closed at $21.08.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The business has a 50-day moving average price of $21.47 and a 200-day moving average price of $22.11.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pinebridge Investments LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the fourth quarter valued at about $11,950,000. Janney Montgomery Scott LLC boosted its position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 639.1% during the first quarter. Janney Montgomery Scott LLC now owns 239,395 shares of the company’s stock worth $5,415,000 after acquiring an additional 207,005 shares during the last quarter. Bank of New York Mellon Corp boosted its position 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 acquiring an additional 159,592 shares during the last quarter. Ascentis Independent Advisors grew its stake in 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 acquiring an additional 125,593 shares in the last quarter. Finally, Roble Belko & Company Inc acquired a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 2nd quarter valued at about $1,617,000.

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.