WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Trading Up 0% – Time to Buy?

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFRGet Free Report) shares shot up 0% during mid-day trading on Thursday . The company traded as high as $50.36 and last traded at $50.36. 5,829,918 shares traded hands during trading, an increase of 32% from the average session volume of 4,417,036 shares. The stock had previously closed at $50.35.

WisdomTree Floating Rate Treasury Fund Price Performance

The stock has a 50 day moving average of $50.38 and a 200 day moving average of $50.35.

WisdomTree Floating Rate Treasury Fund Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th were paid a $0.1449 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 3.5%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of USFR. SHP Wealth Management bought a new stake in shares of WisdomTree Floating Rate Treasury Fund in the 4th quarter valued at about $103,000. EJMK Ventures LLC purchased a new position in WisdomTree Floating Rate Treasury Fund in the 4th quarter worth approximately $475,000. Sankala Group LLC bought a new stake in WisdomTree Floating Rate Treasury Fund in the fourth quarter valued at approximately $1,846,000. Financially in Tune LLC purchased a new stake in shares of WisdomTree Floating Rate Treasury Fund during the fourth quarter valued at approximately $3,167,000. Finally, Compass Financial Services Inc grew its holdings in shares of WisdomTree Floating Rate Treasury Fund by 6.9% in the fourth quarter. Compass Financial Services Inc now owns 35,764 shares of the company’s stock worth $1,800,000 after purchasing an additional 2,315 shares during the last quarter.

WisdomTree Floating Rate Treasury Fund Company Profile

(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.

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