Global X 1-3 Month T-Bill ETF $CLIP Shares Acquired by Capital Investment Advisors LLC

Capital Investment Advisors LLC increased its stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 37.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 719,536 shares of the company’s stock after acquiring an additional 194,179 shares during the quarter. Global X 1-3 Month T-Bill ETF makes up about 1.1% of Capital Investment Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Capital Investment Advisors LLC owned 3.28% of Global X 1-3 Month T-Bill ETF worth $72,033,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. 3EDGE Asset Management LP lifted its holdings in Global X 1-3 Month T-Bill ETF by 0.3% in the 3rd quarter. 3EDGE Asset Management LP now owns 45,050 shares of the company’s stock valued at $4,523,000 after purchasing an additional 131 shares in the last quarter. Compass Financial Services Inc boosted its stake in Global X 1-3 Month T-Bill ETF by 49.0% during the 3rd quarter. Compass Financial Services Inc now owns 626 shares of the company’s stock worth $63,000 after purchasing an additional 206 shares during the last quarter. AE Wealth Management LLC purchased a new stake in shares of Global X 1-3 Month T-Bill ETF during the third quarter worth $51,000. Stewardship Advisors LLC grew its holdings in shares of Global X 1-3 Month T-Bill ETF by 31.7% during the third quarter. Stewardship Advisors LLC now owns 3,879 shares of the company’s stock worth $390,000 after buying an additional 933 shares in the last quarter. Finally, Flputnam Investment Management Co. raised its position in shares of Global X 1-3 Month T-Bill ETF by 32.3% in the third quarter. Flputnam Investment Management Co. now owns 3,882 shares of the company’s stock valued at $390,000 after buying an additional 947 shares during the last quarter.

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

NYSEARCA:CLIP opened at $100.34 on Friday. Global X 1-3 Month T-Bill ETF has a twelve month low of $100.02 and a twelve month high of $100.47. The company’s 50-day moving average price is $100.24 and its 200-day moving average price is $100.25.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.303 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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.