WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) Shares Up 0%

Shares of WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) traded up 0% during mid-day trading on Thursday . The company traded as high as $50.48 and last traded at $50.47. 3,404,605 shares traded hands during trading, a decline of 15% from the average session volume of 3,985,494 shares. The stock had previously closed at $50.45.

WisdomTree Bloomberg Floating Rate Treasury Fund Stock Performance

The business has a 50-day simple moving average of $50.37 and a 200-day simple moving average of $50.36.

Institutional Investors Weigh In On WisdomTree Bloomberg Floating Rate Treasury Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in USFR. JPMorgan Chase & Co. raised its holdings in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 25.5% in the third quarter. JPMorgan Chase & Co. now owns 21,549,654 shares of the company’s stock worth $1,084,379,000 after buying an additional 4,371,992 shares during the period. Morgan Stanley raised its holdings in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 3.3% in the third quarter. Morgan Stanley now owns 21,424,469 shares of the company’s stock worth $1,078,079,000 after buying an additional 688,134 shares during the period. Summit Trail Advisors LLC raised its holdings in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 4.8% in the third quarter. Summit Trail Advisors LLC now owns 20,509,745 shares of the company’s stock worth $1,032,050,000 after buying an additional 934,710 shares during the period. LPL Financial LLC raised its holdings in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 19.8% in the third quarter. LPL Financial LLC now owns 11,639,208 shares of the company’s stock worth $585,685,000 after buying an additional 1,920,773 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 0.8% in the third quarter. Ameriprise Financial Inc. now owns 9,196,706 shares of the company’s stock worth $500,890,000 after buying an additional 69,665 shares during the period.

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.