WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) Trading 0% Higher – Still a Buy?

WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFRGet Free Report) shares were up 0% during mid-day trading on Friday . The company traded as high as $50.50 and last traded at $50.50. Approximately 3,978,975 shares were traded during trading, a decline of 12% from the average daily volume of 4,503,932 shares. The stock had previously closed at $50.48.

WisdomTree Bloomberg Floating Rate Treasury Fund Stock Performance

The business’s 50 day moving average price is $50.40 and its 200-day moving average price is $50.36.

Institutional Trading of WisdomTree Bloomberg Floating Rate Treasury Fund

A number of hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund during the fourth quarter worth approximately $287,185,000. Serenus Wealth Advisors LLC acquired a new stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund during the fourth quarter worth approximately $244,788,000. Summit Trail Advisors LLC grew its position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 23.5% during the fourth quarter. Summit Trail Advisors LLC now owns 21,845,010 shares of the company’s stock worth $1,099,241,000 after buying an additional 4,151,073 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 23.2% during the third quarter. JPMorgan Chase & Co. now owns 19,518,589 shares of the company’s stock worth $980,224,000 after buying an additional 3,673,592 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund during the fourth quarter worth approximately $95,858,000.

WisdomTree Bloomberg Floating Rate Treasury Fund Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for WisdomTree Bloomberg Floating Rate Treasury Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Bloomberg Floating Rate Treasury Fund and related companies with MarketBeat.com's FREE daily email newsletter.