iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Shares Down 0.1% – Should You Sell?

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW)’s stock price were down 0.1% during mid-day trading on Thursday . The company traded as low as $22.55 and last traded at $22.60. Approximately 2,458,765 shares traded hands during trading, an increase of 43% from the average daily volume of 1,714,527 shares. The stock had previously closed at $22.63.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Trading Down 0.1%

The firm has a 50-day moving average of $22.96 and a 200 day moving average of $23.15.

Institutional Trading of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

A number of institutional investors have recently made changes to their positions in TLTW. Alpine Bank Wealth Management grew its stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 640.7% in the third quarter. Alpine Bank Wealth Management now owns 37,263 shares of the company’s stock worth $871,000 after acquiring an additional 32,232 shares during the period. Claris Financial LLC bought a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the second quarter valued at approximately $1,492,000. SG Americas Securities LLC bought a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the second quarter valued at approximately $1,153,000. Cullen Frost Bankers Inc. boosted its holdings in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 38.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 8,805 shares of the company’s stock worth $200,000 after purchasing an additional 2,454 shares during the last quarter. Finally, Walled Lake Planning & Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 49.9% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 13,155 shares of the company’s stock worth $298,000 after purchasing an additional 4,380 shares during the last quarter.

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.