WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) Sees Strong Trading Volume – Here’s What Happened

Shares of WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEARCA:USFR) saw unusually-high trading volume on Friday . 13,759,022 shares changed hands during trading, an increase of 205% from the previous session’s volume of 4,506,077 shares.The stock last traded at $50.39 and had previously closed at $50.37.

WisdomTree Bloomberg Floating Rate Treasury Fund Stock Performance

The business has a 50 day moving average of $50.36 and a 200 day moving average of $50.34.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dunhill Financial LLC purchased a new stake in shares of WisdomTree Bloomberg Floating Rate Treasury Fund in the third quarter valued at $45,000. First Horizon Advisors Inc. grew its holdings in WisdomTree Bloomberg Floating Rate Treasury Fund by 173.1% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,169 shares of the company’s stock valued at $59,000 after purchasing an additional 741 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in WisdomTree Bloomberg Floating Rate Treasury Fund in the 3rd quarter worth about $141,000. Versant Capital Management Inc bought a new stake in WisdomTree Bloomberg Floating Rate Treasury Fund in the fourth quarter worth about $191,000. Finally, Trinity Wealth Management LLC purchased a new position in shares of WisdomTree Bloomberg Floating Rate Treasury Fund during the third quarter valued at approximately $205,000.

WisdomTree Bloomberg Floating Rate Treasury Fund Company Profile

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.