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

by · The Cerbat Gem

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

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Trading Down 0.8%

The company’s fifty day moving average price is $21.47 and its 200-day moving average price is $22.11.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. One Capital Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 2nd quarter worth about $645,000. Roble Belko & Company Inc purchased a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 2nd quarter valued at about $1,617,000. Sterling Investment Advisors Ltd. acquired a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 2nd quarter worth about $671,000. Global Wealth Strategies & Associates boosted its position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 7.5% during the second 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. Finally, United Community Bank purchased a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the second quarter worth approximately $34,000.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Company Profile

(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.

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