Verus Capital Partners LLC Cuts Stake in Global X 1-3 Month T-Bill ETF $CLIP

Verus Capital Partners LLC trimmed its holdings in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 26.1% in the second quarter, HoldingsChannel reports. The fund owned 41,150 shares of the company’s stock after selling 14,550 shares during the period. Verus Capital Partners LLC’s holdings in Global X 1-3 Month T-Bill ETF were worth $4,132,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Exencial Wealth Advisors LLC lifted its stake in shares of Global X 1-3 Month T-Bill ETF by 6.9% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 2,777 shares of the company’s stock valued at $279,000 after acquiring an additional 179 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in Global X 1-3 Month T-Bill ETF by 1.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 14,986 shares of the company’s stock valued at $1,505,000 after purchasing an additional 189 shares during the last quarter. PFG Advisors grew its position in shares of Global X 1-3 Month T-Bill ETF by 5.1% in the 1st quarter. PFG Advisors now owns 5,015 shares of the company’s stock worth $504,000 after buying an additional 242 shares during the last quarter. CreativeOne Wealth LLC increased its stake in shares of Global X 1-3 Month T-Bill ETF by 2.2% during the first quarter. CreativeOne Wealth LLC now owns 11,514 shares of the company’s stock valued at $1,156,000 after buying an additional 243 shares during the period. Finally, Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Global X 1-3 Month T-Bill ETF by 1.5% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 28,331 shares of the company’s stock valued at $2,846,000 after acquiring an additional 408 shares in the last quarter.

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

Shares of NYSEARCA CLIP opened at $100.21 on Tuesday. The firm has a fifty day simple moving average of $100.25 and a two-hundred day simple moving average of $100.25. Global X 1-3 Month T-Bill ETF has a 12 month low of $100.02 and a 12 month high of $100.50.

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.