Global X 1-3 Month T-Bill ETF $CLIP Stock: Gerber Kawasaki Wealth & Investment Management Boosts Position

Gerber Kawasaki Wealth & Investment Management increased its position in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 17.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,605 shares of the company’s stock after acquiring an additional 17,304 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in Global X 1-3 Month T-Bill ETF were worth $11,901,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Capital Investment Advisors LLC purchased a new position in Global X 1-3 Month T-Bill ETF during the 3rd quarter valued at about $89,339,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Global X 1-3 Month T-Bill ETF in the 3rd quarter valued at about $33,514,000. Cetera Investment Advisers increased its stake in Global X 1-3 Month T-Bill ETF by 298.5% during the first quarter. Cetera Investment Advisers now owns 271,222 shares of the company’s stock worth $27,220,000 after purchasing an additional 203,166 shares during the period. Bleakley Financial Group LLC increased its stake in Global X 1-3 Month T-Bill ETF by 18.0% during the first quarter. Bleakley Financial Group LLC now owns 1,069,071 shares of the company’s stock worth $107,292,000 after purchasing an additional 163,006 shares during the period. Finally, D.A. Davidson & CO. purchased a new stake in Global X 1-3 Month T-Bill ETF during the third quarter worth about $4,364,000.

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

Shares of CLIP opened at $100.08 on Tuesday. Global X 1-3 Month T-Bill ETF has a 1 year low of $100.04 and a 1 year high of $100.41. The company’s 50-day simple moving average is $100.22 and its 200-day simple moving average is $100.22.

About Global X 1-3 Month T-Bill ETF

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.