iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Trading Down 0.1% – Here’s Why

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW)’s share price traded down 0.1% during trading on Wednesday . The stock traded as low as $23.25 and last traded at $23.26. 1,352,606 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 1,589,428 shares. The stock had previously closed at $23.29.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The firm’s fifty day moving average price is $22.85 and its two-hundred day moving average price is $23.11.

Institutional Investors Weigh In On iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

A number of institutional investors have recently modified their holdings of TLTW. SG Americas Securities LLC purchased a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the second quarter worth approximately $1,153,000. JPMorgan Chase & Co. lifted its position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 30.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,997 shares of the company’s stock valued at $93,000 after buying an additional 939 shares in the last quarter. Claris Financial LLC purchased a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 2nd quarter valued at approximately $1,492,000. Alpine Bank Wealth Management grew its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 640.7% in the 3rd quarter. Alpine Bank Wealth Management now owns 37,263 shares of the company’s stock valued at $871,000 after acquiring an additional 32,232 shares during the period. Finally, Cullen Frost Bankers Inc. purchased a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 3rd quarter worth $148,000.

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.