49 Wealth Management LLC Boosts Stock Position in Global X 1-3 Month T-Bill ETF $CLIP

49 Wealth Management LLC increased its holdings in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 57.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 634,034 shares of the company’s stock after purchasing an additional 232,538 shares during the quarter. Global X 1-3 Month T-Bill ETF accounts for 6.5% of 49 Wealth Management LLC’s holdings, making the stock its 5th biggest position. 49 Wealth Management LLC owned about 4.21% of Global X 1-3 Month T-Bill ETF worth $63,670,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creekmur Asset Management LLC raised its holdings in Global X 1-3 Month T-Bill ETF by 113.1% during the 1st quarter. Creekmur Asset Management LLC now owns 755,858 shares of the company’s stock worth $75,918,000 after buying an additional 401,127 shares during the period. Pasadena Private Wealth LLC purchased a new position in shares of Global X 1-3 Month T-Bill ETF in the second quarter worth approximately $37,970,000. Capital Investment Advisors LLC raised its holdings in shares of Global X 1-3 Month T-Bill ETF by 104.1% during the second quarter. Capital Investment Advisors LLC now owns 423,479 shares of the company’s stock valued at $42,526,000 after acquiring an additional 215,992 shares during the period. Belpointe Asset Management LLC purchased a new stake in shares of Global X 1-3 Month T-Bill ETF in the 1st quarter valued at approximately $18,993,000. Finally, LPL Financial LLC lifted its position in shares of Global X 1-3 Month T-Bill ETF by 35.2% in the 1st quarter. LPL Financial LLC now owns 717,726 shares of the company’s stock valued at $72,088,000 after acquiring an additional 186,876 shares in the last quarter.

Global X 1-3 Month T-Bill ETF Stock Performance

Shares of NYSEARCA CLIP opened at $100.19 on Monday. Global X 1-3 Month T-Bill ETF has a one year low of $100.02 and a one year high of $100.50. The business has a 50-day moving average price of $100.25 and a two-hundred day moving average price of $100.25.

Global X 1-3 Month T-Bill ETF Company Profile

The Global X 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund that is based on the Solactive 1-3 month US T-Bill – USD index. The fund tracks a market value-weighted index of USD-denominated, zero-coupon US Treasury bills with a time to maturity of one to three months. CLIP was launched on Jun 20, 2023 and is managed by Global X.