Private Advisor Group LLC Trims Holdings in Global X 1-3 Month T-Bill ETF $CLIP

Private Advisor Group LLC cut its position in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 73.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,856 shares of the company’s stock after selling 44,342 shares during the quarter. Private Advisor Group LLC’s holdings in Global X 1-3 Month T-Bill ETF were worth $1,591,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Jane Street Group LLC purchased a new position in shares of Global X 1-3 Month T-Bill ETF during the first quarter valued at approximately $440,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Global X 1-3 Month T-Bill ETF by 9.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 175,510 shares of the company’s stock worth $17,625,000 after purchasing an additional 15,880 shares during the period. Bank of America Corp DE boosted its holdings in shares of Global X 1-3 Month T-Bill ETF by 115.4% during the second quarter. Bank of America Corp DE now owns 41,007 shares of the company’s stock worth $4,118,000 after purchasing an additional 21,968 shares during the last quarter. MML Investors Services LLC grew its position in shares of Global X 1-3 Month T-Bill ETF by 29.4% in the second quarter. MML Investors Services LLC now owns 13,309 shares of the company’s stock valued at $1,336,000 after purchasing an additional 3,026 shares during the period. Finally, Two Sigma Securities LLC acquired a new position in Global X 1-3 Month T-Bill ETF in the second quarter valued at $571,000.

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

NYSEARCA CLIP traded up $0.01 during trading hours on Friday, hitting $100.16. 316,683 shares of the company’s stock were exchanged, compared to its average volume of 347,056. The business’s 50 day moving average is $100.20 and its 200-day moving average is $100.22. Global X 1-3 Month T-Bill ETF has a 12-month low of $100.05 and a 12-month high of $100.47.

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.