abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Trading 3% Higher – Here’s What Happened

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM)’s share price traded up 3% on Tuesday . The stock traded as high as $47.88 and last traded at $47.71. 5,220 shares changed hands during trading, a decline of 79% from the average session volume of 24,300 shares. The stock had previously closed at $46.30.

abrdn Emerging Markets Dividend Active ETF Stock Up 3.0%

The stock has a market cap of $353.53 million, a price-to-earnings ratio of 13.90 and a beta of 1.00. The company’s 50-day moving average is $48.41 and its 200-day moving average is $44.79.

abrdn Emerging Markets Dividend Active ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Tuesday, June 23rd were paid a $0.2716 dividend. This represents a $1.09 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Tuesday, June 23rd.

Institutional Trading of abrdn Emerging Markets Dividend Active ETF

An institutional investor recently bought a new stake in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC bought a new position in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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.