McElhenny Sheffield Capital Management LLC Invests $965,000 in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP)

McElhenny Sheffield Capital Management LLC bought a new position in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIPFree Report) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 9,603 shares of the company’s stock, valued at approximately $965,000. Global X 1-3 Month T-Bill ETF accounts for 0.3% of McElhenny Sheffield Capital Management LLC’s portfolio, making the stock its 20th biggest position.

Several other hedge funds have also added to or reduced their stakes in CLIP. PSI Advisors LLC grew its position in Global X 1-3 Month T-Bill ETF by 207.0% during the 2nd quarter. PSI Advisors LLC now owns 918 shares of the company’s stock worth $92,000 after acquiring an additional 619 shares during the last quarter. Hart & Patterson Financial Group LLC purchased a new position in shares of Global X 1-3 Month T-Bill ETF in the third quarter worth $204,000. HBW Advisory Services LLC bought a new stake in Global X 1-3 Month T-Bill ETF during the 3rd quarter valued at $249,000. PFG Investments LLC purchased a new stake in Global X 1-3 Month T-Bill ETF during the 2nd quarter valued at $288,000. Finally, Rothschild Investment LLC purchased a new position in shares of Global X 1-3 Month T-Bill ETF in the second quarter valued at about $427,000.

Global X 1-3 Month T-Bill ETF Trading Up 0.1 %

Global X 1-3 Month T-Bill ETF stock opened at $100.34 on Monday. Global X 1-3 Month T-Bill ETF has a 1-year low of $100.04 and a 1-year high of $100.60. The firm has a 50-day moving average of $100.32 and a 200-day moving average of $100.31.

About Global X 1-3 Month T-Bill ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CLIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIPFree Report).

Institutional Ownership by Quarter for Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP)

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