WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) Trading Down 0% – Here’s Why

WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR)’s share price traded down 0% on Friday . The stock traded as low as $50.32 and last traded at $50.34. 14,409,781 shares were traded during mid-day trading, an increase of 224% from the average session volume of 4,443,089 shares. The stock had previously closed at $50.35.

WisdomTree Bloomberg Floating Rate Treasury Fund Stock Performance

The business’s 50 day simple moving average is $50.40 and its 200-day simple moving average is $50.37.

Institutional Investors Weigh In On WisdomTree Bloomberg Floating Rate Treasury Fund

Several institutional investors have recently made changes to their positions in USFR. Weaver Consulting Group lifted its stake in WisdomTree Bloomberg Floating Rate Treasury Fund by 40.3% in the fourth quarter. Weaver Consulting Group now owns 11,305 shares of the company’s stock valued at $569,000 after acquiring an additional 3,247 shares during the last quarter. Private Client Services LLC bought a new position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund during the 4th quarter valued at $304,000. Spartan Planning & Wealth Management acquired a new stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund in the 4th quarter valued at $1,222,000. World Investment Advisors LLC boosted its holdings in WisdomTree Bloomberg Floating Rate Treasury Fund by 104.4% in the third quarter. World Investment Advisors LLC now owns 19,015 shares of the company’s stock worth $955,000 after purchasing an additional 9,710 shares in the last quarter. Finally, Versant Capital Management Inc bought a new stake in WisdomTree Bloomberg Floating Rate Treasury Fund in the fourth quarter worth $191,000.

WisdomTree Bloomberg 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.