WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Reaches New 12-Month High – Here’s What Happened

Shares of WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) reached a new 52-week high during trading on Friday . The company traded as high as $50.50 and last traded at $50.4950, with a volume of 217458 shares trading hands. The stock had previously closed at $50.47.

WisdomTree Floating Rate Treasury Fund Stock Performance

The firm’s 50 day moving average is $50.41 and its 200 day moving average is $50.40.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Boyd Watterson Asset Management LLC OH bought a new position in shares of WisdomTree Floating Rate Treasury Fund in the first quarter worth $29,000. Physician Wealth Advisors Inc. bought a new stake in WisdomTree Floating Rate Treasury Fund during the first quarter valued at $31,000. Frankly Finances LLC bought a new stake in WisdomTree Floating Rate Treasury Fund during the first quarter valued at $49,000. Cornerstone Planning Group LLC grew its position in WisdomTree Floating Rate Treasury Fund by 1,353.5% during the fourth quarter. Cornerstone Planning Group LLC now owns 1,032 shares of the company’s stock worth $52,000 after buying an additional 961 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC purchased a new position in WisdomTree Floating Rate Treasury Fund during the first quarter worth about $70,000.

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.