WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Shares Up 0% – Should You Buy?

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR)’s share price shot up 0% during mid-day trading on Friday . The stock traded as high as $50.35 and last traded at $50.33. 5,486,543 shares changed hands during trading, an increase of 11% from the average session volume of 4,953,794 shares. The stock had previously closed at $50.32.

WisdomTree Floating Rate Treasury Fund Stock Performance

The company’s 50-day moving average price is $50.39 and its 200-day moving average price is $50.38.

Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund

Institutional investors have recently modified their holdings of the company. Mraz Amerine & Associates Inc. grew its position in shares of WisdomTree Floating Rate Treasury Fund by 19.4% in the 3rd quarter. Mraz Amerine & Associates Inc. now owns 224,387 shares of the company’s stock valued at $11,280,000 after buying an additional 36,450 shares during the last quarter. Onyx Bridge Wealth Group LLC purchased a new position in shares of WisdomTree Floating Rate Treasury Fund in the 3rd quarter valued at $1,624,000. Signature Estate & Investment Advisors LLC grew its position in shares of WisdomTree Floating Rate Treasury Fund by 106.1% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 63,097 shares of the company’s stock valued at $3,172,000 after buying an additional 32,475 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of WisdomTree Floating Rate Treasury Fund by 1.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 35,580 shares of the company’s stock valued at $1,788,000 after buying an additional 496 shares during the last quarter. Finally, WESCAP Management Group Inc. grew its position in shares of WisdomTree Floating Rate Treasury Fund by 2.1% in the 3rd quarter. WESCAP Management Group Inc. now owns 34,196 shares of the company’s stock valued at $1,719,000 after buying an additional 693 shares during the last quarter.

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.