abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Trading Up 1.8% – Time to Buy?

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM)’s stock price was up 1.8% during mid-day trading on Tuesday . The company traded as high as $45.24 and last traded at $45.21. Approximately 10,860 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 35,385 shares. The stock had previously closed at $44.43.

abrdn Emerging Markets Dividend Active ETF Trading Up 1.8%

The business has a fifty day simple moving average of $41.20 and a two-hundred day simple moving average of $38.48. The company has a market cap of $249.11 million, a PE ratio of 13.90 and a beta of 1.43.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.1707 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Trading of abrdn Emerging Markets Dividend Active ETF

A hedge fund recently bought a new stake in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC bought a new position in shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 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.