MJP Associates Inc. ADV Buys 46,171 Shares of Global X 1-3 Month T-Bill ETF $CLIP

MJP Associates Inc. ADV raised its position in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 13.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 400,210 shares of the company’s stock after acquiring an additional 46,171 shares during the quarter. Global X 1-3 Month T-Bill ETF accounts for about 5.3% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 5th largest holding. MJP Associates Inc. ADV’s holdings in Global X 1-3 Month T-Bill ETF were worth $40,189,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. 3EDGE Asset Management LP boosted its stake in shares of Global X 1-3 Month T-Bill ETF by 0.3% in the third quarter. 3EDGE Asset Management LP now owns 45,050 shares of the company’s stock valued at $4,523,000 after purchasing an additional 131 shares during the period. Exencial Wealth Advisors LLC lifted 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 buying an additional 179 shares in the last quarter. Compass Financial Services Inc boosted its position in Global X 1-3 Month T-Bill ETF by 49.0% in the 3rd quarter. Compass Financial Services Inc now owns 626 shares of the company’s stock valued at $63,000 after buying an additional 206 shares during the last quarter. AE Wealth Management LLC acquired a new stake in shares of Global X 1-3 Month T-Bill ETF during the third quarter valued at about $51,000. Finally, Stewardship Advisors LLC grew its stake in shares of Global X 1-3 Month T-Bill ETF by 31.7% during the third quarter. Stewardship Advisors LLC now owns 3,879 shares of the company’s stock valued at $390,000 after acquiring an additional 933 shares in the last quarter.

Global X 1-3 Month T-Bill ETF Trading Down 0.0%

NYSEARCA:CLIP opened at $100.24 on Wednesday. Global X 1-3 Month T-Bill ETF has a one year low of $100.02 and a one year high of $100.47. The business’s 50-day simple moving average is $100.24 and its 200 day simple moving average is $100.25.

Global X 1-3 Month T-Bill ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.308 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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.