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

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

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Price Performance

The firm has a 50-day moving average price of $24.82 and a 200 day moving average price of $25.83.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, November 7th. Investors of record on Monday, November 4th were paid a dividend of $0.2524 per share. The ex-dividend date of this dividend was Monday, November 4th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Global Wealth Strategies & Associates bought a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the fourth quarter worth approximately $695,000. JPMorgan Chase & Co. acquired a new stake in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the third quarter worth $71,000. Sound Income Strategies LLC acquired a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 3rd quarter valued at $148,000. Finally, Cambridge Investment Research Advisors Inc. increased its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 382.0% in the 2nd 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 in the last quarter.

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.