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

WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) shares shot up 0% during mid-day trading on Thursday . The stock traded as high as $50.42 and last traded at $50.42. 2,989,434 shares were traded during mid-day trading, a decline of 25% from the average session volume of 3,995,166 shares. The stock had previously closed at $50.40.

WisdomTree Bloomberg Floating Rate Treasury Fund Stock Up 0.0 %

The firm’s 50 day moving average is $50.37 and its 200 day moving average is $50.36.

Institutional Investors Weigh In On WisdomTree Bloomberg Floating Rate Treasury Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Summit Trail Advisors LLC boosted its stake in WisdomTree Bloomberg Floating Rate Treasury Fund by 21.1% during the first quarter. Summit Trail Advisors LLC now owns 24,834,338 shares of the company’s stock worth $1,248,919,000 after acquiring an additional 4,331,479 shares in the last quarter. JPMorgan Chase & Co. grew 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 worth $1,084,379,000 after buying an additional 4,371,992 shares during the last quarter. Morgan Stanley increased its position in WisdomTree Bloomberg Floating Rate Treasury Fund by 3.3% during the 3rd quarter. Morgan Stanley now owns 21,424,469 shares of the company’s stock valued at $1,078,079,000 after buying an additional 688,134 shares in the last quarter. LPL Financial LLC raised its stake in WisdomTree Bloomberg Floating Rate Treasury Fund by 19.8% during the third quarter. LPL Financial LLC now owns 11,639,208 shares of the company’s stock valued at $585,685,000 after buying an additional 1,920,773 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in WisdomTree Bloomberg Floating Rate Treasury Fund by 0.8% in the third quarter. Ameriprise Financial Inc. now owns 9,196,706 shares of the company’s stock worth $500,890,000 after acquiring an additional 69,665 shares in the last quarter.

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.