iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Stock Price Pass Below 200 Day Moving Average – Here’s What Happened

Shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $26.00 and traded as low as $25.37. iShares 20+ Year Treasury Bond BuyWrite Strategy ETF shares last traded at $25.40, with a volume of 335,266 shares traded.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Trading Up 0.4 %

The business’s fifty day moving average is $25.63 and its 200 day moving average is $26.00.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, November 7th. Shareholders of record on Monday, November 4th were paid a $0.2524 dividend. The ex-dividend date was Monday, November 4th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Transcend Capital Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 5.5% in the 2nd quarter. Transcend Capital Advisors LLC now owns 14,412 shares of the company’s stock valued at $370,000 after acquiring an additional 747 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 382.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 48,869 shares of the company’s stock valued at $1,255,000 after purchasing an additional 38,731 shares during the last quarter. Finally, Sound Income Strategies LLC bought a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the third quarter worth $148,000.

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.