Texas Capital Government Money Market ETF (NYSEARCA:MMKT – Get 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
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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