Texas Capital Government Money Market ETF (MMKT) To Go Ex-Dividend on February 13th

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend on Thursday, February 12th. Investors of record on Friday, February 13th will be given a dividend of 0.0675 per share on Tuesday, February 17th. This represents a yield of 350.0%. The ex-dividend date of this dividend is Friday, February 13th.

Texas Capital Government Money Market ETF Stock Down 0.0%

Shares of MMKT stock opened at $100.21 on Friday. Texas Capital Government Money Market ETF has a 12 month low of $99.82 and a 12 month high of $100.60. The firm’s 50-day moving average is $100.24 and its two-hundred day moving average is $100.24.

Hedge Funds Weigh In On Texas Capital Government Money Market ETF

A number of hedge funds have recently modified their holdings of the business. Jane Street Group LLC purchased a new stake in Texas Capital Government Money Market ETF in the 1st quarter valued at about $1,622,000. Meridian Wealth Management LLC purchased a new stake in shares of Texas Capital Government Money Market ETF in the 4th quarter valued at approximately $949,000. Texas Capital Bank Wealth Management Services Inc purchased a new position in shares of Texas Capital Government Money Market ETF during the third quarter worth $664,000. Boothe Investment Group Inc. acquired a new stake in shares of Texas Capital Government Money Market ETF in the fourth quarter valued at $650,000. Finally, Uniting Wealth Partners LLC acquired a new stake in shares of Texas Capital Government Money Market ETF in the third quarter valued at $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.