WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Hits New 12-Month High – Still a Buy?

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFRGet Free Report)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $50.50 and last traded at $50.4950, with a volume of 217458 shares traded. The stock had previously closed at $50.47.

WisdomTree Floating Rate Treasury Fund Stock Up 0.0%

The business’s 50-day moving average is $50.41 and its two-hundred day moving average is $50.40.

Institutional Trading of WisdomTree Floating Rate Treasury Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Boyd Watterson Asset Management LLC OH purchased a new position in WisdomTree Floating Rate Treasury Fund during the 1st quarter worth approximately $29,000. Physician Wealth Advisors Inc. acquired a new stake in shares of WisdomTree Floating Rate Treasury Fund in the first quarter valued at approximately $31,000. Frankly Finances LLC acquired a new stake in shares of WisdomTree Floating Rate Treasury Fund in the first quarter valued at approximately $49,000. Cornerstone Planning Group LLC boosted its holdings in shares of WisdomTree Floating Rate Treasury Fund by 1,353.5% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,032 shares of the company’s stock valued at $52,000 after acquiring an additional 961 shares during the period. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of WisdomTree Floating Rate Treasury Fund during the first quarter worth approximately $70,000.

About WisdomTree Floating Rate Treasury Fund

(Get Free Report)

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.

Further Reading

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