Global X 1-3 Month T-Bill ETF $CLIP is Financial Network Wealth Advisors LLC’s 2nd Largest Position

Financial Network Wealth Advisors LLC lifted its position in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 14.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 57,730 shares of the company’s stock after purchasing an additional 7,356 shares during the quarter. Global X 1-3 Month T-Bill ETF comprises about 6.0% of Financial Network Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Financial Network Wealth Advisors LLC’s holdings in Global X 1-3 Month T-Bill ETF were worth $5,779,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Global X 1-3 Month T-Bill ETF in the fourth quarter worth $301,029,000. Sei Investments Co. increased its stake in shares of Global X 1-3 Month T-Bill ETF by 1.4% in the third quarter. Sei Investments Co. now owns 1,481,178 shares of the company’s stock worth $148,740,000 after purchasing an additional 20,043 shares in the last quarter. Bleakley Financial Group LLC purchased a new stake in shares of Global X 1-3 Month T-Bill ETF in the fourth quarter worth $90,706,000. Capital Investment Advisors LLC increased its stake in shares of Global X 1-3 Month T-Bill ETF by 37.0% in the fourth quarter. Capital Investment Advisors LLC now owns 719,536 shares of the company’s stock worth $72,033,000 after purchasing an additional 194,179 shares in the last quarter. Finally, RHL Group LLC purchased a new stake in shares of Global X 1-3 Month T-Bill ETF in the fourth quarter worth $63,489,000.

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

Shares of NYSEARCA CLIP opened at $100.19 on Friday. The firm has a fifty day moving average price of $100.20 and a 200-day moving average price of $100.23. Global X 1-3 Month T-Bill ETF has a 1 year low of $100.04 and a 1 year high of $100.47.

About Global X 1-3 Month T-Bill ETF

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.