Castleview Partners LLC Invests $1.09 Million in Global X 1-3 Month T-Bill ETF $CLIP

Castleview Partners LLC bought a new stake in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,921 shares of the company’s stock, valued at approximately $1,093,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AE Wealth Management LLC bought a new stake in Global X 1-3 Month T-Bill ETF in the third quarter valued at $51,000. Compass Financial Services Inc raised its holdings in Global X 1-3 Month T-Bill ETF by 49.0% in 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 in the last quarter. Golden State Equity Partners purchased a new stake in shares of Global X 1-3 Month T-Bill ETF in the 3rd quarter worth about $202,000. Calton & Associates Inc. purchased a new stake in shares of Global X 1-3 Month T-Bill ETF in the 3rd quarter worth about $231,000. Finally, Silver Oak Securities Incorporated bought a new stake in shares of Global X 1-3 Month T-Bill ETF during the 3rd quarter valued at about $233,000.

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

Shares of CLIP opened at $100.30 on Thursday. Global X 1-3 Month T-Bill ETF has a 1-year low of $100.02 and a 1-year high of $100.47. The firm’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 business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.303 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.6%.

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.