WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Trading Up 0% – What’s Next?

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR)’s share price shot up 0% during mid-day trading on Monday . The stock traded as high as $50.31 and last traded at $50.30. 4,616,399 shares were traded during mid-day trading, a decline of 4% from the average session volume of 4,795,312 shares. The stock had previously closed at $50.29.

WisdomTree Floating Rate Treasury Fund Stock Performance

The company has a 50 day simple moving average of $50.33 and a two-hundred day simple moving average of $50.35.

Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund

A number of large investors have recently bought and sold shares of USFR. Redmont Wealth Advisors LLC bought a new position in shares of WisdomTree Floating Rate Treasury Fund in the third quarter valued at approximately $27,000. Atlantic Union Bankshares Corp acquired a new position in WisdomTree Floating Rate Treasury Fund in the 3rd quarter valued at approximately $30,000. ST Germain D J Co. Inc. boosted its stake in WisdomTree Floating Rate Treasury Fund by 251.8% during the third quarter. ST Germain D J Co. Inc. now owns 1,182 shares of the company’s stock worth $59,000 after buying an additional 846 shares in the last quarter. First Horizon Corp bought a new stake in WisdomTree Floating Rate Treasury Fund in the third quarter valued at about $63,000. Finally, Bessemer Group Inc. acquired a new position in shares of WisdomTree Floating Rate Treasury Fund in the 3rd quarter worth approximately $70,000.

WisdomTree Floating Rate Treasury Fund Company Profile

The WisdomTree Floating Rate Treasury Fund (USFR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury floating-rate securities. USFR was launched on Feb 4, 2014 and is managed by WisdomTree.