iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Shares Up 4.3% – Here’s Why

Shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) rose 4.3% during trading on Monday . The company traded as high as $23.46 and last traded at $24.01. Approximately 462,612 shares traded hands during trading, a decline of 28% from the average daily volume of 641,497 shares. The stock had previously closed at $23.02.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The business’s 50 day simple moving average is $23.68 and its 200 day simple moving average is $24.88.

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

A number of institutional investors have recently bought and sold shares of the company. OLD Mission Capital LLC purchased a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the fourth quarter worth about $752,000. Bank of New York Mellon Corp raised its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 22.2% during the fourth quarter. Bank of New York Mellon Corp now owns 13,260 shares of the company’s stock worth $312,000 after purchasing an additional 2,412 shares during the period. Transcend Capital Advisors LLC raised its stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 9.2% in the 4th quarter. Transcend Capital Advisors LLC now owns 16,928 shares of the company’s stock valued at $398,000 after acquiring an additional 1,424 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter valued at approximately $26,000. Finally, Global Wealth Strategies & Associates purchased a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter valued at approximately $695,000.

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.