Texas Capital Government Money Market ETF (MMKT) To Go Ex-Dividend on February 20th

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) declared a dividend on Thursday, February 19th. Stockholders of record on Friday, February 20th will be given a dividend of 0.0675 per share on Monday, February 23rd. This represents a dividend yield of 350.0%. The ex-dividend date is Friday, February 20th.

Texas Capital Government Money Market ETF Trading Down 0.0%

MMKT opened at $100.22 on Friday. The firm has a fifty day moving average price of $100.24 and a 200 day moving average price of $100.24. Texas Capital Government Money Market ETF has a 1 year low of $99.82 and a 1 year high of $100.60.

Institutional Investors Weigh In On Texas Capital Government Money Market ETF

Several hedge funds have recently modified their holdings of MMKT. Jane Street Group LLC acquired a new stake in shares of Texas Capital Government Money Market ETF during the 1st quarter valued at about $1,622,000. Texas Capital Bank Wealth Management Services Inc raised its holdings in Texas Capital Government Money Market ETF by 74.9% in 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 purchasing an additional 4,957 shares during the period. Meridian Wealth Management LLC purchased a new position in Texas Capital Government Money Market ETF during the fourth quarter worth approximately $949,000. Boothe Investment Group Inc. acquired a new stake in Texas Capital Government Money Market ETF in the fourth quarter valued at approximately $650,000. Finally, Uniting Wealth Partners LLC acquired a new stake in Texas Capital Government Money Market ETF in the third 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.