Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Plans Dividend Increase – $0.07 Per Share

Texas Capital Government Money Market ETF (NYSEARCA:MMKTGet Free Report) announced a dividend on Thursday, February 5th. Investors of record on Friday, February 6th will be given a dividend of 0.0683 per share on Monday, February 9th. This represents a dividend yield of 354.0%. The ex-dividend date is Friday, February 6th. This is a 2.7% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.07.

Texas Capital Government Money Market ETF Stock Performance

Shares of NYSEARCA:MMKT opened at $100.25 on Friday. The stock has a fifty day simple moving average of $100.24 and a two-hundred day simple moving average of $100.24. Texas Capital Government Money Market ETF has a 12-month low of $99.82 and a 12-month high of $100.60.

Hedge Funds Weigh In On Texas Capital Government Money Market ETF

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in shares of Texas Capital Government Money Market ETF in the first quarter worth approximately $1,622,000. Meridian Wealth Management LLC bought a new stake in shares of Texas Capital Government Money Market ETF during the fourth quarter valued at approximately $949,000. Texas Capital Bank Wealth Management Services Inc purchased a new position in Texas Capital Government Money Market ETF in the 3rd quarter worth approximately $664,000. Boothe Investment Group Inc. bought a new position in Texas Capital Government Money Market ETF in the 4th quarter valued at approximately $650,000. Finally, Uniting Wealth Partners LLC bought a new position in Texas Capital Government Money Market ETF in the 3rd quarter valued at approximately $602,000.

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.

See Also

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

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