Texas Capital Government Money Market ETF (MMKT) To Go Ex-Dividend on October 24th

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) declared a dividend on Thursday, October 23rd. Stockholders of record on Friday, October 24th will be paid a dividend of 0.0733 per share on Monday, October 27th. This represents a dividend yield of 380.0%. The ex-dividend date of this dividend is Friday, October 24th.

Texas Capital Government Money Market ETF Trading Down 0.0%

Shares of MMKT opened at $100.22 on Friday. The stock has a 50-day simple moving average of $100.24 and a 200-day simple moving average of $100.23. Texas Capital Government Money Market ETF has a 1 year low of $99.82 and a 1 year high of $100.60.

Hedge Funds Weigh In On Texas Capital Government Money Market ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Red Tortoise LLC purchased a new position in shares of Texas Capital Government Money Market ETF in the 3rd quarter valued at about $28,000. Hummer Financial Advisory Services Inc purchased a new stake in Texas Capital Government Money Market ETF during the third quarter worth approximately $301,000. Jane Street Group LLC purchased a new stake in Texas Capital Government Money Market ETF during the first quarter worth approximately $1,622,000. Finally, Townsquare Capital LLC purchased a new stake in Texas Capital Government Money Market ETF during the first quarter worth approximately $631,000.

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.