Accurate Wealth Management LLC Invests $24.32 Million in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP)

Accurate Wealth Management LLC bought a new stake in Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) in the third quarter, HoldingsChannel.com reports. The firm bought 242,492 shares of the company’s stock, valued at approximately $24,317,000. Global X 1-3 Month T-Bill ETF accounts for 4.8% of Accurate Wealth Management LLC’s portfolio, making the stock its biggest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. San Luis Wealth Advisors LLC lifted its holdings in Global X 1-3 Month T-Bill ETF by 118.4% during the 1st quarter. San Luis Wealth Advisors LLC now owns 60,550 shares of the company’s stock worth $1,521,000 after buying an additional 32,829 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Global X 1-3 Month T-Bill ETF during the 1st quarter worth about $6,984,000. Commonwealth Equity Services LLC purchased a new stake in Global X 1-3 Month T-Bill ETF during the 1st quarter worth about $550,000. CreativeOne Wealth LLC lifted its holdings in Global X 1-3 Month T-Bill ETF by 2.9% during the 1st quarter. CreativeOne Wealth LLC now owns 76,889 shares of the company’s stock worth $1,931,000 after buying an additional 2,150 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new stake in Global X 1-3 Month T-Bill ETF during the 1st quarter worth about $1,737,000.

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

CLIP opened at $100.34 on Friday. The business’s 50-day simple moving average is $100.32 and its 200-day simple moving average is $100.31. Global X 1-3 Month T-Bill ETF has a one year low of $100.04 and a one year high of $100.60.

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.