Global X 1-3 Month T-Bill ETF $CLIP is Pasadena Private Wealth LLC’s 6th Largest Position

Pasadena Private Wealth LLC reduced its stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 44.4% in the 3rd quarter, Holdings Channel reports. The firm owned 210,218 shares of the company’s stock after selling 167,896 shares during the quarter. Global X 1-3 Month T-Bill ETF accounts for approximately 3.0% of Pasadena Private Wealth LLC’s portfolio, making the stock its 6th biggest position. Pasadena Private Wealth LLC’s holdings in Global X 1-3 Month T-Bill ETF were worth $21,110,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. boosted its position in shares of Global X 1-3 Month T-Bill ETF by 40.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,760 shares of the company’s stock worth $177,000 after buying an additional 510 shares during the period. Golden State Equity Partners purchased a new stake in shares of Global X 1-3 Month T-Bill ETF during the 3rd quarter valued at about $202,000. Ascent Group LLC acquired a new position in Global X 1-3 Month T-Bill ETF during the 2nd quarter worth approximately $233,000. Silver Oak Securities Incorporated acquired a new position in Global X 1-3 Month T-Bill ETF during the 3rd quarter worth approximately $233,000. Finally, Exencial Wealth Advisors LLC boosted its holdings in Global X 1-3 Month T-Bill ETF by 6.9% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 2,777 shares of the company’s stock worth $279,000 after acquiring an additional 179 shares during the period.

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

NYSEARCA CLIP opened at $100.21 on Friday. The company’s fifty day simple moving average is $100.23 and its 200-day simple moving average is $100.25. Global X 1-3 Month T-Bill ETF has a 52 week low of $100.02 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.