Sei Investments Co. Raises Stake in Global X 1-3 Month T-Bill ETF $CLIP

Sei Investments Co. increased its holdings in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 1.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,481,178 shares of the company’s stock after acquiring an additional 20,043 shares during the period. Sei Investments Co. owned approximately 0.10% of Global X 1-3 Month T-Bill ETF worth $148,740,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CLIP. AE Wealth Management LLC purchased a new stake in Global X 1-3 Month T-Bill ETF in the third quarter worth about $51,000. Compass Financial Services Inc lifted its holdings in shares of Global X 1-3 Month T-Bill ETF by 49.0% during the third quarter. Compass Financial Services Inc now owns 626 shares of the company’s stock valued at $63,000 after purchasing an additional 206 shares during the last quarter. Golden State Equity Partners bought a new stake in shares of Global X 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $202,000. Calton & Associates Inc. bought a new stake in shares of Global X 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $231,000. Finally, Silver Oak Securities Incorporated purchased a new stake in shares of Global X 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $233,000.

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

CLIP stock opened at $100.18 on Friday. Global X 1-3 Month T-Bill ETF has a twelve month low of $100.02 and a twelve month high of $100.47. The business has a 50 day moving average of $100.23 and a 200 day moving average of $100.25.

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

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.303 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

About Global X 1-3 Month T-Bill ETF

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.