Gateway Wealth Partners LLC Increases Stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP)

Gateway Wealth Partners LLC raised its holdings in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,282 shares of the company’s stock after buying an additional 300 shares during the period. Gateway Wealth Partners LLC’s holdings in Global X 1-3 Month T-Bill ETF were worth $829,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Accurate Wealth Management LLC bought a new position in shares of Global X 1-3 Month T-Bill ETF in the third quarter worth approximately $24,317,000. Peterson Wealth Advisors LLC bought a new position in shares of Global X 1-3 Month T-Bill ETF in the third quarter worth approximately $12,447,000. Creekmur Asset Management LLC boosted its position in shares of Global X 1-3 Month T-Bill ETF by 32.9% in the third quarter. Creekmur Asset Management LLC now owns 382,135 shares of the company’s stock worth $38,405,000 after purchasing an additional 94,637 shares during the period. Highline Wealth Partners LLC bought a new position in shares of Global X 1-3 Month T-Bill ETF in the third quarter worth approximately $5,942,000. Finally, Inspire Advisors LLC bought a new position in shares of Global X 1-3 Month T-Bill ETF in the third quarter worth approximately $5,568,000.

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

CLIP opened at $100.39 on Wednesday. The company has a 50 day simple moving average of $100.29 and a two-hundred day simple moving average of $100.31. Global X 1-3 Month T-Bill ETF has a 1-year low of $100.04 and a 1-year high of $100.60.

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.