abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Trading Up 0.9% – Time to Buy?

Shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) were up 0.9% on Monday . The company traded as high as $42.42 and last traded at $42.38. Approximately 5,674 shares changed hands during trading, a decline of 39% from the average daily volume of 9,323 shares. The stock had previously closed at $42.00.

abrdn Emerging Markets Dividend Active ETF Price Performance

The stock has a market capitalization of $233.51 million, a P/E ratio of 13.90 and a beta of 1.43. The stock’s 50-day simple moving average is $39.37 and its 200 day simple moving average is $37.40.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.1707 per share. This represents a $0.68 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Investors Weigh In On abrdn Emerging Markets Dividend Active ETF

An institutional investor recently bought a new position in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC acquired a new stake in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,157 shares of the company’s stock, valued at approximately $83,000.

About abrdn Emerging Markets Dividend Active ETF

The abrdn Emerging Markets Dividend Active ETF (AGEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund actively invests in dividend paying companies from emerging markets, selected based on proprietary quality and fundamental factors. AGEM was launched on Feb 18, 2025 and is issued by Abrdn.