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

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) rose 4.3% on Monday . The stock traded as high as $23.46 and last traded at $24.01. Approximately 462,612 shares were traded 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 firm has a 50-day moving average of $23.69 and a two-hundred day moving average of $24.86.

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

Several large investors have recently made changes to their positions in TLTW. MassMutual Private Wealth & Trust FSB acquired a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter worth about $26,000. JPMorgan Chase & Co. acquired a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 3rd quarter valued at approximately $71,000. Bank of New York Mellon Corp raised its holdings in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 22.2% in the 4th quarter. Bank of New York Mellon Corp now owns 13,260 shares of the company’s stock valued at $312,000 after acquiring an additional 2,412 shares in the last quarter. Transcend Capital Advisors LLC raised its holdings in 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 in the last quarter. Finally, Global Wealth Strategies & Associates acquired a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter valued at approximately $695,000.

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.