Verus Capital Partners LLC Raises Stock Position in Global X 1-3 Month T-Bill ETF $CLIP

Verus Capital Partners LLC grew its holdings in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 34.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 117,350 shares of the company’s stock after buying an additional 30,300 shares during the period. Global X 1-3 Month T-Bill ETF makes up 0.7% of Verus Capital Partners LLC’s portfolio, making the stock its 27th largest holding. Verus Capital Partners LLC’s holdings in Global X 1-3 Month T-Bill ETF were worth $11,748,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. United Advisor Group LLC boosted its stake in Global X 1-3 Month T-Bill ETF by 1.8% during the fourth quarter. United Advisor Group LLC now owns 8,456 shares of the company’s stock worth $847,000 after buying an additional 152 shares during the period. Sound Income Strategies LLC purchased a new position in Global X 1-3 Month T-Bill ETF during the fourth quarter worth $40,000. AE Wealth Management LLC purchased a new position in Global X 1-3 Month T-Bill ETF during the third quarter worth $51,000. Concurrent Investment Advisors LLC boosted its stake in Global X 1-3 Month T-Bill ETF by 3.0% during the fourth quarter. Concurrent Investment Advisors LLC now owns 19,356 shares of the company’s stock worth $1,938,000 after buying an additional 556 shares during the period. Finally, Portland Financial Advisors Inc boosted its stake in Global X 1-3 Month T-Bill ETF by 25.4% during the fourth quarter. Portland Financial Advisors Inc now owns 3,198 shares of the company’s stock worth $320,000 after buying an additional 647 shares during the period.

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

NYSEARCA CLIP opened at $100.08 on Thursday. The company has a fifty day moving average of $100.23 and a two-hundred day moving average of $100.23. Global X 1-3 Month T-Bill ETF has a 52 week low of $100.04 and a 52 week high of $100.47.

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.