WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Stock Price Up 0% – Here’s Why

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) was up 0% during mid-day trading on Tuesday . The company traded as high as $50.47 and last traded at $50.47. 6,892,621 shares changed hands during trading, an increase of 36% from the average daily volume of 5,080,758 shares. The stock had previously closed at $50.45.

WisdomTree Floating Rate Treasury Fund Stock Performance

The firm has a 50 day moving average of $50.43 and a two-hundred day moving average of $50.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE raised its stake in WisdomTree Floating Rate Treasury Fund by 10.8% during the 1st quarter. Bank of America Corp DE now owns 15,934,091 shares of the company’s stock valued at $802,122,000 after acquiring an additional 1,551,622 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of WisdomTree Floating Rate Treasury Fund by 1.7% in the 4th quarter. Captrust Financial Advisors now owns 7,196,392 shares of the company’s stock valued at $362,122,000 after purchasing an additional 117,325 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of WisdomTree Floating Rate Treasury Fund by 14.0% in the 4th quarter. HighTower Advisors LLC now owns 2,379,078 shares of the company’s stock valued at $119,715,000 after purchasing an additional 292,960 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of WisdomTree Floating Rate Treasury Fund by 16.4% in the first quarter. Private Advisor Group LLC now owns 2,316,049 shares of the company’s stock valued at $116,590,000 after purchasing an additional 326,696 shares during the period. Finally, Kestra Advisory Services LLC increased its holdings in shares of WisdomTree Floating Rate Treasury Fund by 78.3% in the first quarter. Kestra Advisory Services LLC now owns 2,009,823 shares of the company’s stock valued at $101,175,000 after purchasing an additional 882,801 shares during the period.

About WisdomTree Floating Rate Treasury Fund

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.