McElhenny Sheffield Capital Management LLC Cuts Stake in Global X 1-3 Month T-Bill ETF $CLIP

McElhenny Sheffield Capital Management LLC cut its stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 56.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,263 shares of the company’s stock after selling 4,228 shares during the quarter. McElhenny Sheffield Capital Management LLC’s holdings in Global X 1-3 Month T-Bill ETF were worth $328,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Creekmur Asset Management LLC raised its position in Global X 1-3 Month T-Bill ETF by 113.1% in the first quarter. Creekmur Asset Management LLC now owns 755,858 shares of the company’s stock valued at $75,918,000 after purchasing an additional 401,127 shares during the period. LPL Financial LLC raised its position in Global X 1-3 Month T-Bill ETF by 35.2% in the first quarter. LPL Financial LLC now owns 717,726 shares of the company’s stock valued at $72,088,000 after purchasing an additional 186,876 shares during the period. Capital Investment Advisors LLC raised its position in Global X 1-3 Month T-Bill ETF by 104.1% in the second quarter. Capital Investment Advisors LLC now owns 423,479 shares of the company’s stock valued at $42,526,000 after purchasing an additional 215,992 shares during the period. Global X Japan Co. Ltd. raised its position in Global X 1-3 Month T-Bill ETF by 2.5% in the first quarter. Global X Japan Co. Ltd. now owns 411,099 shares of the company’s stock valued at $41,291,000 after purchasing an additional 10,158 shares during the period. Finally, 49 Wealth Management LLC purchased a new position in Global X 1-3 Month T-Bill ETF in the first quarter valued at about $40,326,000.

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

NYSEARCA:CLIP opened at $100.16 on Friday. The business’s 50-day moving average is $100.24 and its two-hundred day moving average is $100.24. Global X 1-3 Month T-Bill ETF has a 12 month low of $100.02 and a 12 month high of $100.53.

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.