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

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR)’s share price traded up 0% on Friday . The stock traded as high as $50.35 and last traded at $50.33. 5,486,543 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 4,953,794 shares. The stock had previously closed at $50.32.

WisdomTree Floating Rate Treasury Fund Price Performance

The firm has a 50 day moving average of $50.39 and a two-hundred day moving average of $50.38.

Institutional Trading of WisdomTree Floating Rate Treasury Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in shares of WisdomTree Floating Rate Treasury Fund by 10.8% in the 1st quarter. Bank of America Corp DE now owns 15,934,091 shares of the company’s stock worth $802,122,000 after buying an additional 1,551,622 shares during the last quarter. NewEdge Wealth LLC purchased a new stake in shares of WisdomTree Floating Rate Treasury Fund in the 4th quarter worth approximately $419,186,000. 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 worth $362,122,000 after buying an additional 117,325 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of WisdomTree Floating Rate Treasury Fund by 5.5% in the 4th quarter. Raymond James Financial Inc. now owns 7,107,531 shares of the company’s stock worth $357,651,000 after buying an additional 371,877 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in WisdomTree Floating Rate Treasury Fund by 4.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,582,438 shares of the company’s stock valued at $230,527,000 after purchasing an additional 205,006 shares during the last quarter.

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.