WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) Stock Price Up 0.1% – Time to Buy?

WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR)’s share price rose 0.1% during mid-day trading on Friday . The stock traded as high as $50.44 and last traded at $50.44. Approximately 4,360,157 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 4,233,244 shares. The stock had previously closed at $50.41.

WisdomTree Bloomberg Floating Rate Treasury Fund Stock Up 0.1 %

The company’s fifty day simple moving average is $50.41 and its 200-day simple moving average is $50.36.

Institutional Investors Weigh In On WisdomTree Bloomberg Floating Rate Treasury Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Latitude Advisors LLC lifted its position in WisdomTree Bloomberg Floating Rate Treasury Fund by 1.4% during the 4th quarter. Latitude Advisors LLC now owns 15,221 shares of the company’s stock worth $766,000 after buying an additional 203 shares in the last quarter. Flynn Zito Capital Management LLC lifted its position in WisdomTree Bloomberg Floating Rate Treasury Fund by 0.8% during the 4th quarter. Flynn Zito Capital Management LLC now owns 26,972 shares of the company’s stock worth $1,357,000 after buying an additional 208 shares in the last quarter. OneDigital Investment Advisors LLC lifted its position in WisdomTree Bloomberg Floating Rate Treasury Fund by 1.5% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 16,725 shares of the company’s stock worth $840,000 after buying an additional 251 shares in the last quarter. Covestor Ltd lifted its position in WisdomTree Bloomberg Floating Rate Treasury Fund by 73.9% during the 4th quarter. Covestor Ltd now owns 607 shares of the company’s stock worth $31,000 after buying an additional 258 shares in the last quarter. Finally, Sax Wealth Advisors LLC raised its holdings in WisdomTree Bloomberg Floating Rate Treasury Fund by 3.6% during the 4th quarter. Sax Wealth Advisors LLC now owns 8,026 shares of the company’s stock worth $404,000 after purchasing an additional 279 shares during the last quarter.

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.