WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) Stock Price Down 0% – Time to Sell?

WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR)’s share price was down 0% during mid-day trading on Wednesday . The company traded as low as $50.29 and last traded at $50.29. Approximately 5,099,906 shares traded hands during trading, an increase of 26% from the average daily volume of 4,048,864 shares. The stock had previously closed at $50.30.

WisdomTree Bloomberg Floating Rate Treasury Fund Price Performance

The stock’s 50-day moving average price is $50.31 and its 200 day moving average price is $50.36.

Institutional Investors Weigh In On WisdomTree Bloomberg Floating Rate Treasury Fund

Several hedge funds and other institutional investors have recently made changes to their positions in USFR. VitalStone Financial LLC grew its holdings in WisdomTree Bloomberg Floating Rate Treasury Fund by 146.0% in the 1st quarter. VitalStone Financial LLC now owns 6,082 shares of the company’s stock valued at $306,000 after buying an additional 3,610 shares in the last quarter. Insight Advisors LLC PA boosted its position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 79.7% during the 1st quarter. Insight Advisors LLC PA now owns 16,993 shares of the company’s stock valued at $855,000 after acquiring an additional 7,535 shares during the last quarter. Wealthspire Advisors LLC purchased a new stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund in the first quarter valued at about $841,000. Oppenheimer & Co. Inc. increased its position in WisdomTree Bloomberg Floating Rate Treasury Fund by 0.6% during the first quarter. Oppenheimer & Co. Inc. now owns 95,686 shares of the company’s stock worth $4,812,000 after purchasing an additional 603 shares during the last quarter. Finally, Bernardo Wealth Planning LLC raised its stake in WisdomTree Bloomberg Floating Rate Treasury Fund by 15.9% during the first quarter. Bernardo Wealth Planning LLC now owns 80,286 shares of the company’s stock worth $4,038,000 after purchasing an additional 11,006 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.