Guild Investment Management Inc. Has $10.49 Million Position in Global X 1-3 Month T-Bill ETF $CLIP

Guild Investment Management Inc. boosted its stake in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 32.3% during the third quarter, Holdings Channel reports. The fund owned 104,455 shares of the company’s stock after acquiring an additional 25,495 shares during the period. Global X 1-3 Month T-Bill ETF makes up approximately 8.3% of Guild Investment Management Inc.’s holdings, making the stock its 2nd biggest holding. Guild Investment Management Inc.’s holdings in Global X 1-3 Month T-Bill ETF were worth $10,489,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CLIP. Sei Investments Co. raised its position in Global X 1-3 Month T-Bill ETF by 3.4% in the 2nd quarter. Sei Investments Co. now owns 1,461,135 shares of the company’s stock worth $146,727,000 after purchasing an additional 48,546 shares during the last quarter. 49 Wealth Management LLC raised its position in shares of Global X 1-3 Month T-Bill ETF by 57.9% during the second quarter. 49 Wealth Management LLC now owns 634,034 shares of the company’s stock worth $63,670,000 after acquiring an additional 232,538 shares during the last quarter. Capital Investment Advisors LLC raised its position in shares of Global X 1-3 Month T-Bill ETF by 24.1% during the third quarter. Capital Investment Advisors LLC now owns 525,357 shares of the company’s stock worth $52,756,000 after acquiring an additional 101,878 shares during the last quarter. Accurate Wealth Management LLC lifted its stake in shares of Global X 1-3 Month T-Bill ETF by 38.3% during the third quarter. Accurate Wealth Management LLC now owns 389,253 shares of the company’s stock valued at $39,015,000 after acquiring an additional 107,870 shares during the period. Finally, Pasadena Private Wealth LLC bought a new position in shares of Global X 1-3 Month T-Bill ETF in the 2nd quarter valued at about $37,970,000.

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

CLIP opened at $100.13 on Friday. The firm’s fifty day simple moving average is $100.24 and its 200 day simple moving average is $100.26. Global X 1-3 Month T-Bill ETF has a 12 month low of $100.02 and a 12 month high of $100.47.

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

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.308 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.