abrdn Emerging Markets Dividend Active ETF $AGEM Stake Cut by Sterling Capital Management LLC

Sterling Capital Management LLC decreased its holdings in shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) by 4.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 527,170 shares of the company’s stock after selling 23,802 shares during the period. Sterling Capital Management LLC owned about 6.97% of abrdn Emerging Markets Dividend Active ETF worth $25,359,000 as of its most recent SEC filing.

abrdn Emerging Markets Dividend Active ETF Stock Up 1.1%

NASDAQ AGEM traded up $0.50 on Friday, hitting $45.30. The stock had a trading volume of 7,643 shares, compared to its average volume of 19,986. The company’s 50-day moving average is $48.56 and its two-hundred day moving average is $47.81. abrdn Emerging Markets Dividend Active ETF has a one year low of $36.29 and a one year high of $51.50. The stock has a market cap of $342.50 million, a price-to-earnings ratio of 13.90 and a beta of 1.04.

abrdn Emerging Markets Dividend Active ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Tuesday, September 22nd were issued a $0.5559 dividend. This is a positive change from abrdn Emerging Markets Dividend Active ETF’s previous quarterly dividend of $0.2716. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $2.22 dividend on an annualized basis and a yield of 4.9%.

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.