Investors Buy WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) on Weakness

Investors purchased shares of WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) on weakness during trading on Wednesday. $40.13 million flowed into the stock on the tick-up and $3.33 million flowed out of the stock on the tick-down, for a money net flow of $36.80 million into the stock. Of all companies tracked, WisdomTree Bloomberg Floating Rate Treasury Fund had the 10th highest net in-flow for the day. WisdomTree Bloomberg Floating Rate Treasury Fund traded down ($0.01) for the day and closed at $25.10

The business also recently disclosed a monthly dividend, which was paid on Friday, February 22nd. Stockholders of record on Wednesday, February 20th were issued a dividend of $0.0445 per share. The ex-dividend date of this dividend was Tuesday, February 19th. This represents a $0.53 annualized dividend and a dividend yield of 2.13%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in USFR. Surevest Inc. bought a new position in WisdomTree Bloomberg Floating Rate Treasury Fund during the 4th quarter worth about $1,531,000. Merit Financial Group LLC bought a new position in WisdomTree Bloomberg Floating Rate Treasury Fund during the 4th quarter worth about $64,474,000. Cetera Advisors LLC bought a new position in WisdomTree Bloomberg Floating Rate Treasury Fund during the 4th quarter worth about $351,000. Cetera Advisor Networks LLC grew its holdings in WisdomTree Bloomberg Floating Rate Treasury Fund by 28.1% during the 4th quarter. Cetera Advisor Networks LLC now owns 148,331 shares of the company’s stock worth $3,714,000 after acquiring an additional 32,555 shares in the last quarter. Finally, Suntrust Banks Inc. bought a new position in WisdomTree Bloomberg Floating Rate Treasury Fund during the 4th quarter worth about $277,000.

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