Orion Porfolio Solutions LLC Cuts Stake in Global X 1-3 Month T-Bill ETF $CLIP

Orion Porfolio Solutions LLC cut its position in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 19.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 88,863 shares of the company’s stock after selling 21,292 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Global X 1-3 Month T-Bill ETF were worth $8,924,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CLIP. WPG Advisers LLC purchased a new stake in shares of Global X 1-3 Month T-Bill ETF during the first quarter valued at approximately $142,000. Geneos Wealth Management Inc. raised its holdings in Global X 1-3 Month T-Bill ETF by 40.8% in the 1st 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. Ascent Group LLC bought a new position in Global X 1-3 Month T-Bill ETF in the 2nd quarter valued at approximately $233,000. Exencial Wealth Advisors LLC lifted its position 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 valued at $279,000 after acquiring an additional 179 shares in the last quarter. Finally, Calton & Associates Inc. purchased a new stake in Global X 1-3 Month T-Bill ETF during the 1st quarter valued at $299,000.

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

Global X 1-3 Month T-Bill ETF stock opened at $100.24 on Tuesday. Global X 1-3 Month T-Bill ETF has a 12 month low of $100.02 and a 12 month high of $100.47. The stock has a fifty day simple moving average of $100.25 and a two-hundred day simple moving average of $100.25.

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.