WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Sets New 1-Year High – What’s Next?

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR)’s stock price reached a new 52-week high on Tuesday. The company traded as high as $50.51 and last traded at $50.5050, with a volume of 250,844 shares trading hands. The stock had previously closed at $50.50.

WisdomTree Floating Rate Treasury Fund Stock Up 0.0%

The firm’s fifty day simple moving average is $50.44 and its 200-day simple moving average is $50.41.

Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund

Institutional investors have recently made changes to their positions in the company. Invenio Wealth Partners LLC grew its position in shares of WisdomTree Floating Rate Treasury Fund by 16.3% during the 3rd quarter. Invenio Wealth Partners LLC now owns 170,547 shares of the company’s stock valued at $8,594,000 after acquiring an additional 23,909 shares during the period. Prairie Advisory LLC increased its stake in shares of WisdomTree Floating Rate Treasury Fund by 100.4% in the 3rd quarter. Prairie Advisory LLC now owns 8,620 shares of the company’s stock worth $434,000 after purchasing an additional 4,319 shares in the last quarter. IFP Advisors Inc increased its stake in shares of WisdomTree Floating Rate Treasury Fund by 11.8% in the 3rd quarter. IFP Advisors Inc now owns 76,139 shares of the company’s stock worth $3,837,000 after purchasing an additional 8,022 shares in the last quarter. AlphaStar Capital Management LLC bought a new position in WisdomTree Floating Rate Treasury Fund in the 3rd quarter worth $404,000. Finally, Alpine Bank Wealth Management raised its holdings in WisdomTree Floating Rate Treasury Fund by 160.0% in the 3rd quarter. Alpine Bank Wealth Management now owns 991,953 shares of the company’s stock worth $49,985,000 after purchasing an additional 610,450 shares during the period.

WisdomTree 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.