Texas Capital Government Money Market ETF (MMKT) to Issue Dividend of $0.07 on November 9th

Texas Capital Government Money Market ETF (NYSE:MMKT) announced a dividend on Thursday, November 5th. Shareholders of record on Friday, November 6th will be given a dividend of $0.0720 per share on Monday, November 9th. This represents a yield of 374.0%. The ex-dividend date of this dividend is Friday, November 6th. This is a 0.1% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.0719.

Texas Capital Government Money Market ETF Stock Performance

Shares of NYSE:MMKT opened at $100.16 on Friday. The stock’s fifty day simple moving average is $100.19 and its two-hundred day simple moving average is $100.22. Texas Capital Government Money Market ETF has a 1-year low of $99.84 and a 1-year high of $100.32.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Texas Capital Government Money Market ETF stock. Fig Financial Advisory Services Inc. ADV purchased a new position in Texas Capital Government Money Market ETF (NYSE:MMKT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,009 shares of the company’s stock, valued at approximately $201,000. Fig Financial Advisory Services Inc. ADV owned approximately 0.30% of Texas Capital Government Money Market ETF as of its most recent SEC filing.

Texas Capital Government Money Market ETF Company Profile

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.