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

49 Wealth Management LLC trimmed its holdings in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 26.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 467,731 shares of the company’s stock after selling 166,303 shares during the quarter. Global X 1-3 Month T-Bill ETF makes up approximately 4.5% of 49 Wealth Management LLC’s holdings, making the stock its 6th biggest position. 49 Wealth Management LLC owned 3.13% of Global X 1-3 Month T-Bill ETF worth $46,970,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Belpointe Asset Management LLC lifted its holdings in shares of Global X 1-3 Month T-Bill ETF by 17.1% in the third quarter. Belpointe Asset Management LLC now owns 120,362 shares of the company’s stock worth $12,087,000 after buying an additional 17,582 shares in the last quarter. APS Management Group Inc. bought a new stake in Global X 1-3 Month T-Bill ETF in the 3rd quarter valued at $12,411,000. United Advisor Group LLC bought a new stake in Global X 1-3 Month T-Bill ETF in the 2nd quarter valued at $741,000. Wealth Enhancement Advisory Services LLC lifted its stake in Global X 1-3 Month T-Bill ETF by 18.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 106,459 shares of the company’s stock worth $10,664,000 after purchasing an additional 16,413 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Global X 1-3 Month T-Bill ETF by 5.4% during the 2nd quarter. Cetera Investment Advisers now owns 70,339 shares of the company’s stock valued at $7,063,000 after purchasing an additional 3,615 shares during the last quarter.

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

Shares of Global X 1-3 Month T-Bill ETF stock opened at $100.37 on Friday. The business has a 50-day moving average price of $100.25 and a 200-day moving average price of $100.26. Global X 1-3 Month T-Bill ETF has a twelve month low of $100.02 and a twelve month high of $100.47.

Global X 1-3 Month T-Bill ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.308 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, February 2nd.

Global X 1-3 Month T-Bill ETF 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.