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

WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) rose 0% on Tuesday . The stock traded as high as $50.36 and last traded at $50.36. Approximately 3,844,900 shares traded hands 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 Stock Up 0.0 %

The business has a 50 day moving average price of $50.35 and a 200-day moving average price of $50.34.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Inspire Advisors LLC raised its position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 11.8% in the 2nd quarter. Inspire Advisors LLC now owns 923,829 shares of the company’s stock valued at $46,478,000 after purchasing an additional 97,659 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in WisdomTree Bloomberg Floating Rate Treasury Fund by 1,193.2% in the second quarter. Wealthspire Advisors LLC now owns 216,261 shares of the company’s stock valued at $10,880,000 after acquiring an additional 199,538 shares in the last quarter. WESCAP Management Group Inc. acquired a new stake in WisdomTree Bloomberg Floating Rate Treasury Fund in the second quarter valued at $1,721,000. Sykon Capital LLC boosted its stake in WisdomTree Bloomberg Floating Rate Treasury Fund by 403.0% during the 2nd quarter. Sykon Capital LLC now owns 397,519 shares of the company’s stock valued at $19,999,000 after acquiring an additional 318,489 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in WisdomTree Bloomberg Floating Rate Treasury Fund by 4.3% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 99,832 shares of the company’s stock worth $5,023,000 after acquiring an additional 4,146 shares in 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.