Texas Capital Government Money Market ETF (MMKT) to Distribute Dividend of $0.07 on September 21st

Texas Capital Government Money Market ETF (NYSE:MMKT) declared a dividend on Thursday, September 17th. Stockholders of record on Friday, September 18th will be given a dividend of 0.0683 per share on Monday, September 21st. This represents a dividend yield of 355.0%. The ex-dividend date is Friday, September 18th. This is a 1.5% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.07.

Texas Capital Government Money Market ETF Trading Down 0.0%

Shares of Texas Capital Government Money Market ETF stock opened at $100.17 on Friday. Texas Capital Government Money Market ETF has a 12 month low of $99.84 and a 12 month high of $100.32. The business’s 50-day moving average price is $100.21 and its 200-day moving average price is $100.22.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Texas Capital Government Money Market ETF stock. Texas Capital Bank Wealth Management Services Inc lifted its holdings in shares of Texas Capital Government Money Market ETF (NYSE:MMKT) by 74.9% during the 4th quarter, according to the company in its most recent 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.