WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) Trading 0% Higher – What’s Next?

WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR)’s stock price was up 0% during trading on Tuesday . The company traded as high as $50.36 and last traded at $50.36. Approximately 3,844,900 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 4,787,598 shares. The stock had previously closed at $50.35.

WisdomTree Bloomberg Floating Rate Treasury Fund Trading Up 0.0 %

The firm’s 50 day moving average price is $50.35 and its two-hundred day moving average price is $50.34.

Hedge Funds Weigh In On WisdomTree Bloomberg Floating Rate Treasury Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Choreo LLC purchased a new stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund in the second quarter valued at about $327,000. MGO One Seven LLC increased its position in WisdomTree Bloomberg Floating Rate Treasury Fund by 5.0% during the 2nd quarter. MGO One Seven LLC now owns 64,955 shares of the company’s stock worth $3,268,000 after purchasing an additional 3,076 shares during the period. Evernest Financial Advisors LLC increased its position in WisdomTree Bloomberg Floating Rate Treasury Fund by 4.1% during the 2nd quarter. Evernest Financial Advisors LLC now owns 88,564 shares of the company’s stock worth $4,456,000 after purchasing an additional 3,477 shares during the period. LPL Financial LLC raised its stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 0.6% during the 2nd quarter. LPL Financial LLC now owns 13,101,413 shares of the company’s stock worth $659,132,000 after buying an additional 76,580 shares in the last quarter. Finally, Eagle Strategies LLC acquired a new stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund in the 2nd quarter valued at approximately $11,239,000.

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.