WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) Stock Price Up 0% – Here’s Why

WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) shot up 0% on Friday . The company traded as high as $50.36 and last traded at $50.36. 5,093,205 shares were traded during mid-day trading, an increase of 3% from the average session volume of 4,939,102 shares. The stock had previously closed at $50.34.

WisdomTree Bloomberg Floating Rate Treasury Fund Stock Performance

The stock’s 50-day moving average price is $50.37 and its 200-day moving average price is $50.35.

Institutional Investors Weigh In On WisdomTree Bloomberg Floating Rate Treasury Fund

A number of institutional investors and hedge funds have recently made changes to their positions in USFR. Bank of Jackson Hole Trust acquired a new stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund during the 4th quarter worth approximately $60,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in WisdomTree Bloomberg Floating Rate Treasury Fund by 213.4% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 13,685 shares of the company’s stock worth $689,000 after acquiring an additional 9,319 shares during the period. Kestra Investment Management LLC acquired a new stake in WisdomTree Bloomberg Floating Rate Treasury Fund during the 4th quarter worth $77,000. D.A. Davidson & CO. raised its position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 12.1% during the 4th quarter. D.A. Davidson & CO. now owns 152,998 shares of the company’s stock valued at $7,699,000 after acquiring an additional 16,519 shares during the last quarter. Finally, Truist Financial Corp lifted its stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 2.6% in the 4th quarter. Truist Financial Corp now owns 59,491 shares of the company’s stock valued at $2,994,000 after purchasing an additional 1,529 shares during the period.

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.