Global X 1-3 Month T-Bill ETF $CLIP Stock: Altium Investment Strategies LLC Decreases Holdings

Altium Investment Strategies LLC trimmed its holdings in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 25.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 92,450 shares of the company’s stock after selling 30,914 shares during the quarter. Global X 1-3 Month T-Bill ETF comprises about 10.6% of Altium Investment Strategies LLC’s investment portfolio, making the stock its 5th largest holding. Altium Investment Strategies LLC’s holdings in Global X 1-3 Month T-Bill ETF were worth $9,262,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of CLIP. AlphaStar Capital Management LLC acquired a new position in shares of Global X 1-3 Month T-Bill ETF during the 3rd quarter worth approximately $218,000. Castle Rock Wealth Management LLC increased its holdings in shares of Global X 1-3 Month T-Bill ETF by 25.8% during the third quarter. Castle Rock Wealth Management LLC now owns 23,703 shares of the company’s stock worth $2,372,000 after purchasing an additional 4,865 shares during the period. Hamilton Capital LLC acquired a new stake in shares of Global X 1-3 Month T-Bill ETF in the third quarter valued at approximately $670,000. Farther Finance Advisors LLC raised its position in shares of Global X 1-3 Month T-Bill ETF by 8.8% in the third quarter. Farther Finance Advisors LLC now owns 143,165 shares of the company’s stock valued at $14,365,000 after buying an additional 11,569 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Global X 1-3 Month T-Bill ETF by 5.5% in the second quarter. Envestnet Asset Management Inc. now owns 64,656 shares of the company’s stock valued at $6,488,000 after buying an additional 3,349 shares in the last quarter.

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

Shares of CLIP stock opened at $100.24 on Tuesday. The stock has a 50 day simple moving average of $100.21 and a 200 day simple moving average of $100.21. Global X 1-3 Month T-Bill ETF has a 1 year low of $100.04 and a 1 year high of $100.45.

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.