Texas Capital Government Money Market ETF (NYSE:MMKT) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Texas Capital Government Money Market ETF (NYSE:MMKT – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $100.19 and traded as high as $100.21. Texas Capital Government Money Market ETF shares last traded at $100.20, with a volume of 7,529 shares trading hands.

Texas Capital Government Money Market ETF Trading Up 0.0%

The business’s 50-day moving average is $100.19 and its two-hundred day moving average is $100.22.

Texas Capital Government Money Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, November 2nd. Shareholders of record on Friday, October 30th were paid a dividend of $0.0719 per share. This is a boost from Texas Capital Government Money Market ETF’s previous dividend of $0.0712. This represents a dividend yield of 373.0%. The ex-dividend date was Friday, October 30th.

Institutional Investors Weigh In On Texas Capital Government Money Market ETF

A hedge fund recently bought a new stake in Texas Capital Government Money Market ETF stock. Fig Financial Advisory Services Inc. ADV bought a new position in Texas Capital Government Money Market ETF (NYSE:MMKT – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,009 shares of the company’s stock, valued at approximately $201,000. Fig Financial Advisory Services Inc. ADV owned 0.30% of Texas Capital Government Money Market ETF at the end of the most recent reporting period.

About Texas Capital Government Money Market ETF

(Get Free Report)

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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