Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Plans $0.07 Dividend

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend on Thursday, November 20th. Shareholders of record on Friday, November 21st will be given a dividend of 0.0705 per share on Monday, November 24th. This represents a yield of 366.0%. The ex-dividend date is Friday, November 21st.

Texas Capital Government Money Market ETF Price Performance

MMKT stock opened at $100.21 on Friday. The firm has a 50 day moving average of $100.24 and a two-hundred day moving average of $100.23. Texas Capital Government Money Market ETF has a 12 month low of $99.82 and a 12 month high of $100.60.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Townsquare Capital LLC acquired a new stake in Texas Capital Government Money Market ETF in the 1st quarter worth approximately $631,000. Jane Street Group LLC acquired a new stake in shares of Texas Capital Government Money Market ETF in the first quarter worth $1,622,000. Hummer Financial Advisory Services Inc bought a new stake in shares of Texas Capital Government Money Market ETF during the 3rd quarter worth $301,000. Red Tortoise LLC bought a new stake in shares of Texas Capital Government Money Market ETF during the 3rd quarter worth $28,000. Finally, Uniting Wealth Partners LLC acquired a new position in Texas Capital Government Money Market ETF in the 3rd 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.