Texas Capital Government Money Market ETF (NYSE:MMKT) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Texas Capital Government Money Market ETF (NYSE:MMKT – Get Free Report) shares crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $100.18 and traded as low as $100.16. Texas Capital Government Money Market ETF shares last traded at $100.1650, with a volume of 2,030 shares trading hands.

Texas Capital Government Money Market ETF Price Performance

The stock has a 50 day moving average price of $100.18 and a 200 day moving average price of $100.22.

Texas Capital Government Money Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 9th. Shareholders of record on Friday, November 6th were issued a $0.0720 dividend. This represents a yield of 374.0%. This is a positive change from Texas Capital Government Money Market ETF’s previous dividend of $0.0719. The ex-dividend date was Friday, November 6th.

Institutional Trading of Texas Capital Government Money Market ETF

An institutional investor recently bought a new stake in Texas Capital Government Money Market ETF stock. Fig Financial Advisory Services Inc. ADV purchased a new stake in shares of Texas Capital Government Money Market ETF (NYSE:MMKT – Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,009 shares of the company’s stock, valued at approximately $201,000. Fig Financial Advisory Services Inc. ADV owned 0.30% of Texas Capital Government Money Market ETF at the end of the most recent reporting period.

About Texas Capital Government Money Market ETF

(Get Free Report)

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.

Further Reading

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