WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Hits New 12-Month High – Should You Buy?

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFRGet Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $50.51 and last traded at $50.5050, with a volume of 452589 shares changing hands. The stock had previously closed at $50.49.

WisdomTree Floating Rate Treasury Fund Stock Up 0.0%

The business’s fifty day moving average is $50.42 and its two-hundred day moving average is $50.40.

Institutional Trading of WisdomTree Floating Rate Treasury Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Boyd Watterson Asset Management LLC OH bought a new position in shares of WisdomTree Floating Rate Treasury Fund in the 1st quarter valued at about $29,000. Physician Wealth Advisors Inc. acquired a new stake in shares of WisdomTree Floating Rate Treasury Fund during the 1st quarter worth approximately $31,000. Frankly Finances LLC bought a new stake in shares of WisdomTree Floating Rate Treasury Fund during the first quarter worth approximately $49,000. Cornerstone Planning Group LLC raised its stake in shares of WisdomTree Floating Rate Treasury Fund by 1,353.5% during the fourth quarter. Cornerstone Planning Group LLC now owns 1,032 shares of the company’s stock worth $52,000 after buying an additional 961 shares during the last quarter. Finally, NBH Bank acquired a new position in WisdomTree Floating Rate Treasury Fund in the second quarter valued at approximately $60,000.

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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