Fiduciary Alliance LLC Cuts Stock Position in Global X 1-3 Month T-Bill ETF $CLIP

Fiduciary Alliance LLC trimmed its holdings in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 21.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,433 shares of the company’s stock after selling 7,440 shares during the quarter. Fiduciary Alliance LLC owned approximately 0.11% of Global X 1-3 Month T-Bill ETF worth $2,749,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CLIP. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Global X 1-3 Month T-Bill ETF in the 4th quarter valued at $301,029,000. Bleakley Financial Group LLC acquired a new position in Global X 1-3 Month T-Bill ETF during the fourth quarter worth $90,706,000. RHL Group LLC purchased a new position in Global X 1-3 Month T-Bill ETF during the fourth quarter valued at $63,489,000. 3EDGE Asset Management LP lifted its holdings in Global X 1-3 Month T-Bill ETF by 484.1% during the fourth quarter. 3EDGE Asset Management LP now owns 263,152 shares of the company’s stock valued at $26,339,000 after purchasing an additional 218,102 shares in the last quarter. Finally, Capital Investment Advisors LLC grew its position in shares of Global X 1-3 Month T-Bill ETF by 37.0% in the fourth quarter. Capital Investment Advisors LLC now owns 719,536 shares of the company’s stock valued at $72,033,000 after purchasing an additional 194,179 shares during the period.

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

CLIP stock opened at $100.29 on Friday. The firm has a 50-day simple moving average of $100.22 and a 200-day simple moving average of $100.23. Global X 1-3 Month T-Bill ETF has a 52 week low of $100.04 and a 52 week 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.