Uniting Wealth Partners LLC Makes New $602,000 Investment in Texas Capital Government Money Market ETF $MMKT

Uniting Wealth Partners LLC purchased a new position in shares of Texas Capital Government Money Market ETF (NYSEARCA:MMKT) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,000 shares of the company’s stock, valued at approximately $602,000. Uniting Wealth Partners LLC owned approximately 0.95% of Texas Capital Government Money Market ETF as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in MMKT. Jane Street Group LLC acquired a new stake in Texas Capital Government Money Market ETF in the 1st quarter worth approximately $1,622,000. Hummer Financial Advisory Services Inc bought a new position in shares of Texas Capital Government Money Market ETF in the third quarter valued at approximately $301,000. Finally, Red Tortoise LLC bought a new position in shares of Texas Capital Government Money Market ETF in the third quarter valued at approximately $28,000.

Texas Capital Government Money Market ETF Stock Down 0.0%

NYSEARCA MMKT opened at $100.21 on Friday. The company has a fifty day simple moving average of $100.24 and a 200 day simple moving average of $100.24. Texas Capital Government Money Market ETF has a 1 year low of $99.82 and a 1 year high of $100.60.

Texas Capital Government Money Market ETF Cuts Dividend

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

Texas Capital Government Money Market ETF 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.