Texas Capital Government Money Market ETF (NYSEARCA:MMKT) Plans Dividend of $0.06

Texas Capital Government Money Market ETF (NYSEARCA:MMKT) announced a dividend on Wednesday, November 26th. Shareholders of record on Friday, November 28th will be paid a dividend of 0.0625 per share on Monday, December 1st. This represents a yield of 324.0%. The ex-dividend date is Friday, November 28th.

Texas Capital Government Money Market ETF Trading Up 0.0%

Shares of MMKT stock opened at $100.27 on Thursday. The company’s fifty day simple moving average is $100.24 and its two-hundred day simple moving average is $100.23. Texas Capital Government Money Market ETF has a 52 week low of $99.82 and a 52 week high of $100.60.

Institutional Investors Weigh In On Texas Capital Government Money Market ETF

Institutional investors have recently bought and sold shares of the company. Texas Capital Bank Wealth Management Services Inc purchased a new position in Texas Capital Government Money Market ETF in the third quarter worth $664,000. Uniting Wealth Partners LLC purchased a new position in Texas Capital Government Money Market ETF during the 3rd quarter worth $602,000. Red Tortoise LLC acquired a new position in Texas Capital Government Money Market ETF during the 3rd quarter valued at about $28,000. Hummer Financial Advisory Services Inc purchased a new stake in Texas Capital Government Money Market ETF in the third quarter valued at about $301,000. Finally, Jane Street Group LLC purchased a new stake in Texas Capital Government Money Market ETF in the first quarter valued at about $1,622,000.

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.