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

WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) was up 0% during mid-day trading on Wednesday . The stock traded as high as $50.29 and last traded at $50.29. Approximately 3,756,418 shares changed hands during trading, a decline of 7% from the average daily volume of 4,031,329 shares. The stock had previously closed at $50.28.

WisdomTree Bloomberg Floating Rate Treasury Fund Trading Up 0.0 %

The company’s 50-day moving average is $50.32 and its 200-day moving average is $50.36.

Institutional Trading of WisdomTree Bloomberg Floating Rate Treasury Fund

Several large investors have recently bought and sold shares of the business. Matrix Trust Co boosted its stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 50.2% in the 2nd quarter. Matrix Trust Co now owns 33,158 shares of the company’s stock valued at $1,668,000 after purchasing an additional 11,085 shares in the last quarter. Redmont Wealth Advisors LLC grew its stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 6.4% during the second quarter. Redmont Wealth Advisors LLC now owns 6,058 shares of the company’s stock worth $305,000 after buying an additional 367 shares during the last quarter. Bernardo Wealth Planning LLC grew its stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 19.2% during the second quarter. Bernardo Wealth Planning LLC now owns 95,663 shares of the company’s stock worth $4,813,000 after buying an additional 15,377 shares during the last quarter. HBW Advisory Services LLC acquired a new position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund during the second quarter worth $218,000. Finally, Cascade Investment Advisors Inc. lifted its stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 3.7% in the 2nd quarter. Cascade Investment Advisors Inc. now owns 9,481 shares of the company’s stock valued at $477,000 after acquiring an additional 334 shares during the last quarter.

About WisdomTree Bloomberg Floating Rate Treasury Fund

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.