iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Trading 2.1% Higher – Still a Buy?

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) shares shot up 2.1% during trading on Thursday . The stock traded as high as $23.46 and last traded at $23.51. 462,612 shares traded hands during mid-day trading, The stock had previously closed at $23.02.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Trading Up 2.1 %

The stock’s fifty day moving average price is $24.27 and its 200-day moving average price is $25.56.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, November 7th. Stockholders of record on Monday, November 4th were given a $0.2524 dividend. The ex-dividend date was Monday, November 4th.

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

Several institutional investors have recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB acquired a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the fourth quarter worth $26,000. Global Wealth Strategies & Associates bought a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter valued at approximately $695,000. JPMorgan Chase & Co. bought a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the third quarter valued at approximately $71,000. Finally, Sound Income Strategies LLC bought a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the third quarter worth approximately $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.