iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Hits New 52-Week Low – What’s Next?

Shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $22.13 and last traded at $22.14, with a volume of 326546 shares trading hands. The stock had previously closed at $22.36.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The business has a 50 day simple moving average of $22.71 and a 200-day simple moving average of $22.99.

Hedge Funds Weigh In On iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

A number of hedge funds have recently added to or reduced their stakes in TLTW. Pinebridge Investments LLC acquired a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter valued at about $11,950,000. Janney Montgomery Scott LLC boosted its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 639.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 239,395 shares of the company’s stock valued at $5,415,000 after purchasing an additional 207,005 shares during the last quarter. Ascentis Independent Advisors boosted its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 105.0% during the 1st quarter. Ascentis Independent Advisors now owns 245,150 shares of the company’s stock valued at $5,545,000 after purchasing an additional 125,593 shares during the last quarter. Claris Financial LLC acquired a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter valued at about $1,085,000. Finally, Alpine Bank Wealth Management boosted its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 640.7% during the 3rd quarter. Alpine Bank Wealth Management now owns 37,263 shares of the company’s stock valued at $871,000 after purchasing an additional 32,232 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.