iShares Prime Money Market ETF (NYSE:PMMF) Plans Dividend of $0.07

iShares Prime Money Market ETF (NYSE:PMMF) announced a dividend on Tuesday, September 1st. Shareholders of record on Wednesday, September 2nd will be paid a dividend of 0.0709 per share on Thursday, September 3rd. This represents a yield of 368.0%. The ex-dividend date is Wednesday, September 2nd.

iShares Prime Money Market ETF Trading Down 0.1%

Shares of PMMF stock opened at $100.27 on Thursday. iShares Prime Money Market ETF has a twelve month low of $100.10 and a twelve month high of $100.57. The stock has a fifty day simple moving average of $100.29 and a two-hundred day simple moving average of $100.32.

Institutional Trading of iShares Prime Money Market ETF

An institutional investor recently bought a new stake in iShares Prime Money Market ETF stock. Capital Square LLC acquired a new stake in shares of iShares Prime Money Market ETF (NYSE:PMMF) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 23,950 shares of the company’s stock, valued at approximately $2,402,000. iShares Prime Money Market ETF makes up about 1.1% of Capital Square LLC’s investment portfolio, making the stock its 25th largest position. Capital Square LLC owned 0.36% of iShares Prime Money Market ETF as of its most recent SEC filing.

About iShares Prime Money Market ETF

The iShares Prime Money Market ETF (PMMF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund which invests in USD-denominated money market instruments with short-term maturities. The fund seeks a high level of current income. PMMF was launched on Feb 4, 2025 and is issued by BlackRock.