iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Shares Down 0.1% – What’s Next?

Shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) were down 0.1% during trading on Monday . The stock traded as low as $22.44 and last traded at $22.50. Approximately 1,276,322 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 1,823,825 shares. The stock had previously closed at $22.52.

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

The firm’s fifty day simple moving average is $22.86 and its 200 day simple moving average is $23.09.

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

Hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter valued at approximately $54,000. IFP Advisors Inc acquired a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 3rd quarter valued at approximately $89,000. JPMorgan Chase & Co. boosted its stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 30.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,997 shares of the company’s stock valued at $93,000 after purchasing an additional 939 shares in the last quarter. Private Wealth Asset Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter valued at approximately $113,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 3rd quarter valued at approximately $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.