WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Reaches New 1-Year High – Here’s Why

Shares of WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFRGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $50.51 and last traded at $50.5050, with a volume of 4597931 shares changing hands. The stock had previously closed at $50.49.

WisdomTree Floating Rate Treasury Fund Price Performance

The business’s 50-day simple moving average is $50.43 and its two-hundred day simple moving average is $50.41.

Hedge Funds Weigh In On WisdomTree Floating Rate Treasury Fund

A number of large investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC boosted its position in WisdomTree Floating Rate Treasury Fund by 34.6% during the second quarter. Sequoia Financial Advisors LLC now owns 14,657 shares of the company’s stock worth $738,000 after purchasing an additional 3,770 shares in the last quarter. Lunt Capital Management Inc. raised its stake in shares of WisdomTree Floating Rate Treasury Fund by 8.4% during the 2nd quarter. Lunt Capital Management Inc. now owns 923,539 shares of the company’s stock worth $46,500,000 after buying an additional 71,640 shares during the period. Capital Analysts LLC raised its stake in shares of WisdomTree Floating Rate Treasury Fund by 12.7% during the 2nd quarter. Capital Analysts LLC now owns 121,641 shares of the company’s stock worth $6,124,000 after buying an additional 13,730 shares during the period. XY Planning Network Inc. raised its stake in shares of WisdomTree Floating Rate Treasury Fund by 1.3% during the 2nd quarter. XY Planning Network Inc. now owns 23,617 shares of the company’s stock worth $1,189,000 after buying an additional 304 shares during the period. Finally, Mraz Amerine & Associates Inc. lifted its position in shares of WisdomTree Floating Rate Treasury Fund by 4.5% during the 2nd quarter. Mraz Amerine & Associates Inc. now owns 859,642 shares of the company’s stock valued at $43,283,000 after buying an additional 37,174 shares in the last quarter.

About WisdomTree Floating Rate Treasury Fund

(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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