Texas Capital Government Money Market ETF (NYSE:MMKT – Get Free Report) declared a dividend on Thursday, September 24th. Investors of record on Friday, September 25th will be paid a dividend of $0.0781 per share on Monday, September 28th. This represents a yield of 406.0%. The ex-dividend date of this dividend is Friday, September 25th. This is a 14.3% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.0683.
Texas Capital Government Money Market ETF Price Performance
Shares of NYSE MMKT traded down $0.07 during mid-day trading on Friday, hitting $100.14. The company had a trading volume of 2,935 shares, compared to its average volume of 9,786. The firm has a 50-day simple moving average of $100.21 and a two-hundred day simple moving average of $100.22. Texas Capital Government Money Market ETF has a one year low of $99.84 and a one year high of $100.32.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Texas Capital Government Money Market ETF stock. Texas Capital Bank Wealth Management Services Inc increased its holdings in shares of Texas Capital Government Money Market ETF (NYSE:MMKT – Free Report) by 74.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,578 shares of the company’s stock after acquiring an additional 4,957 shares during the quarter. Texas Capital Bank Wealth Management Services Inc owned about 1.54% of Texas Capital Government Money Market ETF worth $1,160,000 as of its most recent SEC filing.
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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