WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Sets New 52-Week High – Here’s Why

Shares of WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR – Get Free Report) hit a new 52-week high during trading on Monday. The company traded as high as $50.53 and last traded at $50.5350, with a volume of 5,438,188 shares trading hands. The stock had previously closed at $50.52.

WisdomTree Floating Rate Treasury Fund Stock Performance

The firm has a 50-day moving average price of $50.44 and a 200-day moving average price of $50.42.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Signet Financial Management LLC grew its holdings in shares of WisdomTree Floating Rate Treasury Fund by 7.6% in the 1st quarter. Signet Financial Management LLC now owns 11,330 shares of the company’s stock valued at $570,000 after acquiring an additional 804 shares in the last quarter. Luts & Greenleigh Group Inc. acquired a new stake in shares of WisdomTree Floating Rate Treasury Fund in the 1st quarter valued at $272,000. Simplicity Wealth LLC lifted its stake in WisdomTree Floating Rate Treasury Fund by 7.3% in the 1st quarter. Simplicity Wealth LLC now owns 11,117 shares of the company’s stock valued at $560,000 after purchasing an additional 760 shares during the last quarter. Carmel Capital Partners LLC increased its stake in shares of WisdomTree Floating Rate Treasury Fund by 3.9% in the first quarter. Carmel Capital Partners LLC now owns 576,938 shares of the company’s stock valued at $29,043,000 after buying an additional 21,596 shares during the period. Finally, Kestra Advisory Services LLC raised its stake in shares of WisdomTree Floating Rate Treasury Fund by 78.3% during the first quarter. Kestra Advisory Services LLC now owns 2,009,823 shares of the company’s stock valued at $101,175,000 after acquiring an additional 882,801 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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