Texas Capital Government Money Market ETF (NYSE:MMKT – Get Free Report) announced a dividend on Thursday, September 17th. Stockholders of record on Friday, September 18th will be given a dividend of 0.0683 per share on Monday, September 21st. This represents a dividend yield of 355.0%. The ex-dividend date is Friday, September 18th. This is a 1.5% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.07.
Texas Capital Government Money Market ETF Stock Down 0.0%
Shares of Texas Capital Government Money Market ETF stock traded down $0.04 during trading on Friday, hitting $100.17. The company’s stock had a trading volume of 1,069 shares, compared to its average volume of 9,880. The company has a fifty day simple moving average of $100.21 and a two-hundred day simple moving average of $100.22. Texas Capital Government Money Market ETF has a 52 week low of $99.84 and a 52 week high of $100.32.
Hedge Funds Weigh In On Texas Capital Government Money Market ETF
An institutional investor recently raised its position in Texas Capital Government Money Market ETF stock. Texas Capital Bank Wealth Management Services Inc increased its holdings in shares of Texas Capital Government Money Market ETF (NYSE:MMKT – Free Report) by 74.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,578 shares of the company’s stock after purchasing an additional 4,957 shares during the quarter. Texas Capital Bank Wealth Management Services Inc owned 1.54% of Texas Capital Government Money Market ETF worth $1,160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
About Texas Capital Government Money Market ETF
The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.
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