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

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR)’s stock price traded up 0% during trading on Thursday . The company traded as high as $50.33 and last traded at $50.33. 3,564,178 shares were traded during mid-day trading, a decline of 34% from the average session volume of 5,364,789 shares. The stock had previously closed at $50.31.

WisdomTree Floating Rate Treasury Fund Trading Up 0.0%

The business has a fifty day simple moving average of $50.38 and a two-hundred day simple moving average of $50.39.

Institutional Trading of WisdomTree Floating Rate Treasury Fund

A number of institutional investors have recently modified their holdings of the company. Wayfinding Financial LLC acquired a new stake in WisdomTree Floating Rate Treasury Fund in the first quarter valued at approximately $27,000. Covestor Ltd boosted its position in shares of WisdomTree Floating Rate Treasury Fund by 73.9% in the 4th quarter. Covestor Ltd now owns 607 shares of the company’s stock worth $31,000 after purchasing an additional 258 shares in the last quarter. Morton Brown Family Wealth LLC purchased a new position in WisdomTree Floating Rate Treasury Fund during the 1st quarter worth $32,000. Vermillion Wealth Management Inc. acquired a new position in WisdomTree Floating Rate Treasury Fund during the 4th quarter valued at about $43,000. Finally, Legacy Investment Solutions LLC purchased a new stake in WisdomTree Floating Rate Treasury Fund in the fourth quarter valued at about $44,000.

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.