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

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFRGet Free Report)’s stock price rose 0% during trading on Thursday . The company traded as high as $50.36 and last traded at $50.36. Approximately 5,829,918 shares changed hands during trading, an increase of 32% from the average daily volume of 4,417,036 shares. The stock had previously closed at $50.35.

WisdomTree Floating Rate Treasury Fund Trading Up 0.0%

The company’s 50-day simple moving average is $50.38 and its two-hundred day simple moving average is $50.35.

WisdomTree Floating Rate Treasury Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 26th. Investors 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 dividend yield of 3.5%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Redmont Wealth Advisors LLC bought a new stake in shares of WisdomTree Floating Rate Treasury Fund in the 3rd quarter worth approximately $27,000. Atlantic Union Bankshares Corp purchased a new stake in WisdomTree Floating Rate Treasury Fund in the third quarter worth $30,000. Cornerstone Planning Group LLC boosted its holdings in WisdomTree Floating Rate Treasury Fund by 1,353.5% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,032 shares of the company’s stock valued at $52,000 after acquiring an additional 961 shares in the last quarter. ST Germain D J Co. Inc. boosted its holdings in WisdomTree Floating Rate Treasury Fund by 251.8% in the third quarter. ST Germain D J Co. Inc. now owns 1,182 shares of the company’s stock valued at $59,000 after acquiring an additional 846 shares in the last quarter. Finally, First Horizon Corp purchased a new position in WisdomTree Floating Rate Treasury Fund during the 3rd quarter valued at $63,000.

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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