WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) Shares Up 0%

Shares of WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) shot up 0% on Thursday . The company traded as high as $50.48 and last traded at $50.47. 3,404,605 shares were traded during mid-day trading, a decline of 15% from the average session volume of 3,985,494 shares. The stock had previously closed at $50.45.

WisdomTree Bloomberg Floating Rate Treasury Fund Price Performance

The stock has a 50-day moving average price of $50.37 and a two-hundred day moving average price of $50.36.

Institutional Investors Weigh In On WisdomTree Bloomberg Floating Rate Treasury Fund

A number of large investors have recently made changes to their positions in USFR. Morgan Stanley grew its position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 32.4% in the 4th quarter. Morgan Stanley now owns 18,868,115 shares of the company’s stock worth $948,500,000 after buying an additional 4,616,371 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 25.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,549,654 shares of the company’s stock valued at $1,084,379,000 after purchasing an additional 4,371,992 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund in the 3rd quarter valued at approximately $103,842,000. LPL Financial LLC lifted its stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 19.8% in the 3rd quarter. LPL Financial LLC now owns 11,639,208 shares of the company’s stock valued at $585,685,000 after purchasing an additional 1,920,773 shares during the period. Finally, Wealthcare Capital Management LLC lifted its stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund by 1,115.5% in the 1st quarter. Wealthcare Capital Management LLC now owns 1,342,807 shares of the company’s stock valued at $67,530,000 after purchasing an additional 1,232,329 shares during the period.

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.