Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) Shares Sold by Truist Financial Corp

Truist Financial Corp cut its position in shares of Global X 1-3 Month T-Bill ETF (NYSEARCA:CLIP) by 69.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,977 shares of the company’s stock after selling 77,931 shares during the period. Truist Financial Corp owned 0.23% of Global X 1-3 Month T-Bill ETF worth $3,514,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global X Japan Co. Ltd. acquired a new stake in shares of Global X 1-3 Month T-Bill ETF during the 2nd quarter valued at about $56,534,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Global X 1-3 Month T-Bill ETF in the first quarter valued at approximately $6,984,000. Curtis Advisory Group LLC acquired a new stake in Global X 1-3 Month T-Bill ETF in the second quarter valued at approximately $9,619,000. Centaurus Financial Inc. purchased a new stake in shares of Global X 1-3 Month T-Bill ETF in the fourth quarter valued at approximately $1,858,000. Finally, Cetera Investment Advisers acquired a new position in shares of Global X 1-3 Month T-Bill ETF during the 1st quarter worth approximately $1,737,000.

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

Shares of NYSEARCA CLIP opened at $100.19 on Wednesday. The firm has a fifty day moving average of $100.32 and a 200 day moving average of $100.32. Global X 1-3 Month T-Bill ETF has a one year low of $100.04 and a one 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.