Maridea Wealth Management LLC Makes New $12.98 Million Investment in Global X 1-3 Month T-Bill ETF $CLIP

Maridea Wealth Management LLC purchased a new stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) during the first quarter, HoldingsChannel reports. The institutional investor purchased 129,343 shares of the company’s stock, valued at approximately $12,981,000. Global X 1-3 Month T-Bill ETF accounts for approximately 1.9% of Maridea Wealth Management LLC’s holdings, making the stock its 6th biggest position.

A number of other institutional investors also recently modified their holdings of CLIP. Sound Income Strategies LLC acquired a new position in shares of Global X 1-3 Month T-Bill ETF during the fourth quarter worth about $40,000. Wells Fargo & Company MN acquired a new stake in Global X 1-3 Month T-Bill ETF in the 4th quarter valued at approximately $65,000. Center for Financial Planning Inc. acquired a new stake in Global X 1-3 Month T-Bill ETF in the 4th quarter valued at approximately $113,000. Signal Advisors Wealth LLC bought a new stake in Global X 1-3 Month T-Bill ETF in the 4th quarter valued at approximately $212,000. Finally, Avise Financial Cooperative Inc. bought a new stake in Global X 1-3 Month T-Bill ETF in the 4th quarter valued at approximately $216,000.

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

NYSEARCA:CLIP opened at $100.34 on Friday. Global X 1-3 Month T-Bill ETF has a twelve month low of $100.04 and a twelve month high of $100.47. The business has a 50 day moving average price of $100.23 and a two-hundred day moving average price of $100.23.

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.