Texas Capital Government Money Market ETF (NYSE:MMKT) Shares to Pay Dividend of $0.07

Texas Capital Government Money Market ETF (NYSE:MMKT) announced a dividend on Thursday, October 8th. Investors of record on Friday, October 9th will be given a dividend of $0.0701 per share on Tuesday, October 13th. This represents a yield of 364.0%. The ex-dividend date of this dividend is Friday, October 9th. This is a 4.2% decrease from Texas Capital Government Money Market ETF’s previous dividend of $0.0732.

Texas Capital Government Money Market ETF Stock Performance

MMKT opened at $100.20 on Friday. The business 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 1 year low of $99.84 and a 1 year high of $100.32.

Institutional Investors Weigh In On Texas Capital Government Money Market ETF

A hedge fund recently bought a new position in Texas Capital Government Money Market ETF stock. Fig Financial Advisory Services Inc. ADV purchased a new stake in Texas Capital Government Money Market ETF (NYSE:MMKT) during the 3rd quarter, according to its most recent 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 filing with the Securities & Exchange Commission.

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.