Sterling Capital Management LLC Has $23.56 Million Position in abrdn Emerging Markets Dividend Active ETF $AGEM

Sterling Capital Management LLC cut its holdings in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) by 7.7% during the first quarter, Holdings Channel.com reports. The fund owned 580,747 shares of the company’s stock after selling 48,316 shares during the period. Sterling Capital Management LLC owned about 0.08% of abrdn Emerging Markets Dividend Active ETF worth $23,557,000 at the end of the most recent quarter.

Separately, Bartlett & CO. Wealth Management LLC bought a new stake in shares of abrdn Emerging Markets Dividend Active ETF during the 4th quarter valued at $83,000.

abrdn Emerging Markets Dividend Active ETF Stock Down 1.1%

AGEM stock opened at $48.71 on Friday. abrdn Emerging Markets Dividend Active ETF has a twelve month low of $32.87 and a twelve month high of $51.50. The company has a market cap of $346.33 million, a P/E ratio of 13.90 and a beta of 1.00. The business’s fifty day moving average is $47.87 and its 200-day moving average is $43.60.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Tuesday, June 23rd were issued a $0.2716 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Tuesday, June 23rd.

abrdn Emerging Markets Dividend Active ETF 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.