Texas Capital Government Money Market ETF Declares Dividend of $0.07 (NYSEARCA:MMKT)

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend on Thursday, December 18th. Stockholders of record on Friday, December 19th will be paid a dividend of 0.068 per share on Monday, December 22nd. This represents a dividend yield of 353.0%. The ex-dividend date is Friday, December 19th.

Texas Capital Government Money Market ETF Price Performance

NYSEARCA MMKT traded down $0.06 during trading on Friday, reaching $100.22. The company’s stock had a trading volume of 486 shares, compared to its average volume of 8,252. Texas Capital Government Money Market ETF has a 1-year low of $99.82 and a 1-year high of $100.60. The business has a 50-day moving average price of $100.24 and a 200-day moving average price of $100.23.

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.