iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Stock Cross Below 200-Day Moving Average – Time to Sell?

Shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.01 and traded as low as $24.76. iShares 20+ Year Treasury Bond BuyWrite Strategy ETF shares last traded at $24.81, with a volume of 410,348 shares changing hands.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Up 0.2 %

The company has a fifty day moving average of $25.83 and a 200 day moving average of $26.00.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Cuts Dividend

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

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

A number of institutional investors and hedge funds have recently modified their holdings of TLTW. Clear Point Advisors Inc. bought a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 1st quarter worth approximately $27,000. Sound Income Strategies LLC bought a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 3rd quarter worth $148,000. Transcend Capital Advisors LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 5.5% in the 2nd quarter. Transcend Capital Advisors LLC now owns 14,412 shares of the company’s stock worth $370,000 after purchasing an additional 747 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of 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.

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.