Texas Capital Government Money Market ETF (MMKT) to Distribute Dividend of $0.08 on September 28th

Texas Capital Government Money Market ETF (NYSE:MMKT) announced a dividend on Thursday, September 24th. Stockholders of record on Friday, September 25th will be given a dividend of $0.0781 per share on Monday, September 28th. This represents a dividend 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 Stock Performance

Shares of NYSE:MMKT opened at $100.14 on Friday. The company has a fifty day simple moving average of $100.21 and a 200 day simple moving average of $100.22. Texas Capital Government Money Market ETF has a 12-month low of $99.84 and a 12-month high of $100.32.

Institutional Investors Weigh In On Texas Capital Government Money Market ETF

A hedge fund recently raised its position in Texas Capital Government Money Market ETF stock. Texas Capital Bank Wealth Management Services Inc lifted its stake in shares of Texas Capital Government Money Market ETF (NYSE:MMKT) by 74.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,578 shares of the company’s stock after purchasing an additional 4,957 shares during the period. 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 filing with the SEC.

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.