9,428 Shares in Global X 1-3 Month T-Bill ETF $CLIP Purchased by Woodley Farra Manion Portfolio Management Inc.

Woodley Farra Manion Portfolio Management Inc. purchased a new position in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) during the 3rd quarter, HoldingsChannel reports. The fund purchased 9,428 shares of the company’s stock, valued at approximately $947,000.

Several other hedge funds have also bought and sold shares of CLIP. Jane Street Group LLC purchased a new position in shares of Global X 1-3 Month T-Bill ETF during the 1st quarter worth approximately $440,000. D.A. Davidson & CO. grew its stake in shares of Global X 1-3 Month T-Bill ETF by 5.2% during the 2nd quarter. D.A. Davidson & CO. now owns 33,621 shares of the company’s stock valued at $3,376,000 after acquiring an additional 1,670 shares during the period. Exencial Wealth Advisors LLC raised its stake in Global X 1-3 Month T-Bill ETF by 6.9% during the 2nd quarter. Exencial Wealth Advisors LLC now owns 2,777 shares of the company’s stock worth $279,000 after acquiring an additional 179 shares during the period. 3EDGE Asset Management LP purchased a new position in Global X 1-3 Month T-Bill ETF during the second quarter valued at approximately $4,509,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Global X 1-3 Month T-Bill ETF by 5.7% in the second quarter. Envestnet Asset Management Inc. now owns 55,316 shares of the company’s stock worth $5,555,000 after purchasing an additional 2,961 shares during the period.

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

Shares of NYSEARCA CLIP traded up $0.04 during midday trading on Friday, hitting $100.31. The company’s stock had a trading volume of 10,296 shares, compared to its average volume of 321,037. Global X 1-3 Month T-Bill ETF has a 12-month low of $100.02 and a 12-month high of $100.47. The business’s 50 day moving average is $100.24 and its two-hundred day moving average is $100.25.

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

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

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.