Texas Capital Government Money Market ETF (NYSE:MMKT – Get Free Report) declared a dividend on Thursday, September 10th. Investors of record on Friday, September 11th will be given a dividend of 0.0673 per share on Monday, September 14th. This represents a dividend yield of 349.0%. The ex-dividend date is Friday, September 11th. This is a 2.1% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.07.
Texas Capital Government Money Market ETF Stock Performance
Texas Capital Government Money Market ETF stock opened at $100.24 on Friday. The company’s 50-day moving average is $100.22 and its 200-day moving average is $100.23. Texas Capital Government Money Market ETF has a fifty-two week low of $99.84 and a fifty-two week high of $100.32.
Hedge Funds Weigh In On Texas Capital Government Money Market ETF
Large investors have recently modified their holdings of the stock. Jane Street Group LLC bought a new position in shares of Texas Capital Government Money Market ETF during the first quarter worth approximately $1,622,000. Texas Capital Bank Wealth Management Services Inc lifted its holdings in shares of Texas Capital Government Money Market ETF by 74.9% during the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 11,578 shares of the company’s stock worth $1,160,000 after acquiring an additional 4,957 shares during the period. Finally, Meridian Wealth Management LLC bought a new stake in Texas Capital Government Money Market ETF during the fourth quarter worth $949,000.
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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