Sei Investments Co. Sells 175,260 Shares of Global X 1-3 Month T-Bill ETF $CLIP

Sei Investments Co. trimmed its holdings in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 11.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,325,761 shares of the company’s stock after selling 175,260 shares during the period. Sei Investments Co. owned approximately 5.23% of Global X 1-3 Month T-Bill ETF worth $133,054,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Sound Income Strategies LLC bought a new position in shares of Global X 1-3 Month T-Bill ETF during the fourth quarter valued at $40,000. Wells Fargo & Company MN bought a new stake in Global X 1-3 Month T-Bill ETF in the 4th quarter worth about $65,000. Center for Financial Planning Inc. bought a new stake in Global X 1-3 Month T-Bill ETF in the 4th quarter worth about $113,000. Geneos Wealth Management Inc. bought a new stake in Global X 1-3 Month T-Bill ETF in the 1st quarter worth about $146,000. Finally, Signal Advisors Wealth LLC purchased a new position in Global X 1-3 Month T-Bill ETF in the 4th quarter worth about $212,000.

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

CLIP opened at $100.27 on Friday. The company’s 50-day simple moving average is $100.21 and its two-hundred day simple moving average is $100.22. Global X 1-3 Month T-Bill ETF has a 52-week low of $100.05 and a 52-week high of $100.47.

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.