Sei Investments Co. Cuts Stock Holdings in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP)

Sei Investments Co. trimmed its stake in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 1.3% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,412,589 shares of the company’s stock after selling 19,315 shares during the period. Global X 1-3 Month T-Bill ETF accounts for 1.4% of Sei Investments Co.’s portfolio, making the stock its 15th largest holding. Sei Investments Co. owned approximately 9.32% of Global X 1-3 Month T-Bill ETF worth $141,880,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. bought a new position in shares of Global X 1-3 Month T-Bill ETF in the fourth quarter worth about $482,000. SBI Securities Co. Ltd. raised its holdings in Global X 1-3 Month T-Bill ETF by 25.0% in the first quarter. SBI Securities Co. Ltd. now owns 2,499 shares of the company’s stock worth $251,000 after purchasing an additional 499 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its stake in shares of Global X 1-3 Month T-Bill ETF by 20.1% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 27,923 shares of the company’s stock worth $2,795,000 after acquiring an additional 4,673 shares during the last quarter. CreativeOne Wealth LLC grew its stake in shares of Global X 1-3 Month T-Bill ETF by 18.9% during the fourth quarter. CreativeOne Wealth LLC now owns 11,271 shares of the company’s stock worth $1,128,000 after acquiring an additional 1,788 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Global X 1-3 Month T-Bill ETF by 29.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 112,910 shares of the company’s stock worth $11,302,000 after acquiring an additional 25,766 shares during the last quarter.

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

Shares of CLIP stock opened at $100.21 on Thursday. Global X 1-3 Month T-Bill ETF has a fifty-two week low of $100.02 and a fifty-two week high of $100.56. The stock’s 50-day simple moving average is $100.23 and its 200-day simple moving average is $100.24.

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.