WisdomTree (WETF) Announces Reverse Split of WisdomTree Floating Rate Treasury Fund
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WisdomTree Announces ETF Reverse Share Split
March 11, 2022 9:00 AM ESTNEW YORK, March 11, 2022 (GLOBE NEWSWIRE) -- WisdomTree (NASDAQ: WETF), an exchange-traded product (ETP) sponsor and asset manager, today announced a reverse share split on the WisdomTree Floating Rate Treasury Fund (USFR). The reverse split decreases the number of shares outstanding and increases the price per share. The split will not change the total value of a shareholders investment, except with respect to the redemption of fractional shares as described below.
WisdomTree will execute the reverse split of the shares effective at the open of the market on March 24th, 2022. Please... More
