Texas Capital Government Money Market ETF (NYSE:MMKT) Plans Dividend of $0.07

Texas Capital Government Money Market ETF (NYSE:MMKTGet 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

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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.

Further Reading

Dividend History for Texas Capital Government Money Market ETF (NYSE:MMKT)

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