Texas Capital Government Money Market ETF

100.19

+0.00190.00%

Volume:4.56K

Turnover:456.80K

Market Cap:47.59M

PE:- -

High:100.20

Open:100.19

Low:100.19

Close:100.19

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Overview Company News Filings

Fidelity, Schwab Block Money-Market ETFs From Rivals -- Barrons.com

Dow Jones

·

27 Mar

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Now, they have extended that policy to third-party money-market exchange-traded funds.\"This decision is consistent with Schwab's longstanding approach of only making available Schwab affiliate money market mutual funds as part of its cash management solutions,\" a Schwab spokesperson says.A representative for Fidelity said it \"has generally restricted third-party money market mutual funds on our platform, and this is an extension of that policy.\". The policy changes, which were enacted earlier this year, affect two ETFs from BlackRock and one ETF from Texas Capital. Both Schwab and Fidelity offer customers proprietary money-market funds in addition to other cash management products, such as certificates of deposit and savings accounts.A Texas Capital spokesperson called it \"unfortunate and surprising\" that its ETF wasn't on the platforms. 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