50,374 Shares in Global X 1-3 Month T-Bill ETF $CLIP Purchased by Financial Network Wealth Advisors LLC

Financial Network Wealth Advisors LLC bought a new stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 50,374 shares of the company’s stock, valued at approximately $5,059,000. Global X 1-3 Month T-Bill ETF accounts for about 5.5% of Financial Network Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position.

Other hedge funds also recently modified their holdings of the company. Jane Street Group LLC purchased a new stake in shares of Global X 1-3 Month T-Bill ETF during the first quarter worth about $440,000. Geneos Wealth Management Inc. boosted its position in Global X 1-3 Month T-Bill ETF by 40.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,760 shares of the company’s stock worth $177,000 after acquiring an additional 510 shares during the last quarter. Fiduciary Alliance LLC purchased a new stake in Global X 1-3 Month T-Bill ETF in the 2nd quarter worth approximately $2,294,000. Wealth Enhancement Advisory Services LLC raised its holdings in Global X 1-3 Month T-Bill ETF by 10.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 90,046 shares of the company’s stock valued at $9,016,000 after acquiring an additional 8,704 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in Global X 1-3 Month T-Bill ETF by 12.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 59,580 shares of the company’s stock valued at $5,983,000 after acquiring an additional 6,505 shares during the last quarter.

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

CLIP stock opened at $100.22 on Tuesday. Global X 1-3 Month T-Bill ETF has a 52-week low of $100.02 and a 52-week high of $100.47. The stock’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 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.