iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Sets New 1-Year 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 trading on Thursday . The stock traded as low as $20.77 and last traded at $20.7350, with a volume of 551240 shares. The stock had previously closed at $20.88.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Price Performance

The firm has a 50-day moving average price of $21.28 and a two-hundred day moving average price of $21.94.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. United Community Bank acquired a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the second quarter valued at about $34,000. Private Wealth Asset Management LLC acquired a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter valued at about $113,000. Global Wealth Strategies & Associates lifted its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 7.5% in the 2nd quarter. Global Wealth Strategies & Associates now owns 12,973 shares of the company’s stock worth $290,000 after purchasing an additional 906 shares in the last quarter. First Bank & Trust lifted its stake in 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 worth $322,000 after purchasing an additional 3,086 shares in the last quarter. Finally, One Capital Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 2nd quarter worth approximately $645,000.

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.