6,000 Shares in Texas Capital Government Money Market ETF $MMKT Bought by Uniting Wealth Partners LLC

Uniting Wealth Partners LLC bought a new position in shares of Texas Capital Government Money Market ETF (NYSEARCA:MMKT) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 6,000 shares of the company’s stock, valued at approximately $602,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MMKT. Red Tortoise LLC acquired a new position in shares of Texas Capital Government Money Market ETF during the third quarter worth about $28,000. Hummer Financial Advisory Services Inc acquired a new stake in Texas Capital Government Money Market ETF in the 3rd quarter valued at approximately $301,000. Finally, Jane Street Group LLC bought a new stake in Texas Capital Government Money Market ETF in the 1st quarter valued at approximately $1,622,000.

Texas Capital Government Money Market ETF Stock Down 0.0%

NYSEARCA:MMKT opened at $100.21 on Friday. Texas Capital Government Money Market ETF has a twelve month low of $99.82 and a twelve month high of $100.60. The business has a 50 day moving average price of $100.24 and a two-hundred day moving average price of $100.24.

Texas Capital Government Money Market ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, February 13th will be issued a dividend of $0.0675 per share. The ex-dividend date is Friday, February 13th. This represents a yield of 350.0%.

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. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.