MJP Associates Inc. ADV Purchases 46,171 Shares of Global X 1-3 Month T-Bill ETF $CLIP

MJP Associates Inc. ADV lifted its position in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 13.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 400,210 shares of the company’s stock after buying an additional 46,171 shares during the quarter. Global X 1-3 Month T-Bill ETF makes up 5.3% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 5th largest position. MJP Associates Inc. ADV owned about 2.68% of Global X 1-3 Month T-Bill ETF worth $40,189,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of CLIP. Calton & Associates Inc. purchased a new stake in Global X 1-3 Month T-Bill ETF in the 3rd quarter worth approximately $231,000. Pacific Sage Partners LLC boosted its holdings in shares of Global X 1-3 Month T-Bill ETF by 26.6% during the third quarter. Pacific Sage Partners LLC now owns 115,107 shares of the company’s stock worth $11,559,000 after purchasing an additional 24,168 shares during the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Global X 1-3 Month T-Bill ETF by 43.4% in the third quarter. Stratos Wealth Partners LTD. now owns 29,452 shares of the company’s stock valued at $2,958,000 after purchasing an additional 8,920 shares during the period. New York Life Investment Management LLC purchased a new stake in shares of Global X 1-3 Month T-Bill ETF in the third quarter valued at $1,750,000. Finally, Guild Investment Management Inc. increased its stake in Global X 1-3 Month T-Bill ETF by 32.3% in the third quarter. Guild Investment Management Inc. now owns 104,455 shares of the company’s stock valued at $10,489,000 after purchasing an additional 25,495 shares during the last quarter.

Global X 1-3 Month T-Bill ETF Trading Down 0.0%

NYSEARCA CLIP opened at $100.24 on Wednesday. The business’s 50-day moving average price is $100.24 and its 200 day moving average price is $100.25. Global X 1-3 Month T-Bill ETF has a twelve month low of $100.02 and a twelve month high of $100.47.

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

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

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.