iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Trading 0.7% Higher – Time to Buy?

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) shares traded up 0.7% on Tuesday . The company traded as high as $23.65 and last traded at $23.61. 1,072,968 shares traded hands during trading, The stock had previously closed at $23.44.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Performance

The stock has a 50 day moving average price of $24.82 and a two-hundred day moving average price of $25.83.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC acquired a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 3rd quarter valued at about $148,000. Cambridge Investment Research Advisors Inc. boosted its position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 382.0% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 48,869 shares of the company’s stock worth $1,255,000 after purchasing an additional 38,731 shares during the period. Global Wealth Strategies & Associates acquired a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the fourth quarter valued at approximately $695,000. Finally, JPMorgan Chase & Co. bought a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the third quarter valued at approximately $71,000.

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.