abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Trading Up 3% – Should You Buy?

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

abrdn Emerging Markets Dividend Active ETF Stock Performance

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

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Tuesday, June 23rd were issued a dividend of $0.2716 per share. This represents a $1.09 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Institutional Inflows and Outflows

A hedge fund 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) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,157 shares of the company’s stock, valued at approximately $83,000.

abrdn Emerging Markets Dividend Active ETF Company Profile

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.