Guild Investment Management Inc. Buys New Position in Global X 1-3 Month T-Bill ETF $CLIP

Guild Investment Management Inc. bought a new stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) during the third quarter, Holdings Channel.com reports. The fund bought 151,730 shares of the company’s stock, valued at approximately $15,225,000. Global X 1-3 Month T-Bill ETF makes up about 9.7% of Guild Investment Management Inc.’s portfolio, making the stock its largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CLIP. Janney Montgomery Scott LLC increased its position in Global X 1-3 Month T-Bill ETF by 13.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,921 shares of the company’s stock worth $293,000 after buying an additional 348 shares during the period. IFP Advisors Inc lifted its holdings in shares of Global X 1-3 Month T-Bill ETF by 29.8% during the second quarter. IFP Advisors Inc now owns 1,948 shares of the company’s stock worth $195,000 after buying an additional 447 shares during the last quarter. United Advisor Group LLC lifted its holdings in shares of Global X 1-3 Month T-Bill ETF by 3.7% during the third quarter. United Advisor Group LLC now owns 13,908 shares of the company’s stock worth $1,396,000 after buying an additional 497 shares during the last quarter. Latitude Advisors LLC bought a new stake in shares of Global X 1-3 Month T-Bill ETF in the third quarter valued at approximately $59,000. Finally, D.A. Davidson & CO. boosted its position in shares of Global X 1-3 Month T-Bill ETF by 1.5% in the first quarter. D.A. Davidson & CO. now owns 40,318 shares of the company’s stock valued at $4,046,000 after acquiring an additional 607 shares during the period.

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

Shares of Global X 1-3 Month T-Bill ETF stock opened at $100.15 on Friday. The company’s fifty day simple moving average is $100.21 and its 200-day simple moving average is $100.22. Global X 1-3 Month T-Bill ETF has a 1 year low of $100.04 and a 1 year high of $100.41.

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.