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

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) shares were up 0% on Thursday . The stock traded as high as $50.41 and last traded at $50.41. Approximately 4,518,099 shares traded hands during trading, an increase of 9% from the average daily volume of 4,129,510 shares. The stock had previously closed at $50.39.

WisdomTree Floating Rate Treasury Fund Price Performance

The company’s 50-day simple moving average is $50.38 and its 200 day simple moving average is $50.35.

WisdomTree Floating Rate Treasury Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were given a dividend of $0.155 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Tuesday, January 27th.

Institutional Trading of WisdomTree Floating Rate Treasury Fund

Large investors have recently made changes to their positions in the stock. Strategic Blueprint LLC raised its stake in WisdomTree Floating Rate Treasury Fund by 8.8% during the 2nd quarter. Strategic Blueprint LLC now owns 9,308 shares of the company’s stock worth $468,000 after buying an additional 753 shares during the period. Hobart Private Capital LLC raised its position in shares of WisdomTree Floating Rate Treasury Fund by 13.2% during the second quarter. Hobart Private Capital LLC now owns 86,587 shares of the company’s stock worth $4,356,000 after purchasing an additional 10,117 shares during the period. Cardinal Point Capital Management ULC raised its position in shares of WisdomTree Floating Rate Treasury Fund by 1.8% during the second quarter. Cardinal Point Capital Management ULC now owns 1,439,759 shares of the company’s stock worth $72,434,000 after purchasing an additional 25,410 shares during the period. Sharper & Granite LLC grew its position in shares of WisdomTree Floating Rate Treasury Fund by 12.8% in the 2nd quarter. Sharper & Granite LLC now owns 414,813 shares of the company’s stock valued at $20,869,000 after purchasing an additional 47,114 shares during the period. Finally, Moloney Securities Asset Management LLC increased its stake in WisdomTree Floating Rate Treasury Fund by 64.2% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 83,808 shares of the company’s stock worth $4,216,000 after purchasing an additional 32,754 shares in the last quarter.

About WisdomTree 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.