Emerging Markets Equity Active ETF (NASDAQ:REMG) Announces $0.41 Annual Dividend

Emerging Markets Equity Active ETF (NASDAQ:REMG) declared an annual dividend on Tuesday, December 16th, NASDAQ Dividends reports. Shareholders of record on Wednesday, December 17th will be paid a dividend of 0.4051 per share on Friday, December 19th. This represents a yield of 143.0%. The ex-dividend date of this dividend is Wednesday, December 17th.

Emerging Markets Equity Active ETF Stock Down 2.2%

REMG stock traded down $0.65 during mid-day trading on Wednesday, hitting $28.32. The stock had a trading volume of 4,963 shares, compared to its average volume of 23,213. Emerging Markets Equity Active ETF has a 1-year low of $24.02 and a 1-year high of $30.05. The business’s fifty day moving average price is $29.18. The stock has a market cap of $67.97 million, a PE ratio of 12.01 and a beta of 1.61.

Hedge Funds Weigh In On Emerging Markets Equity Active ETF

A hedge fund recently bought a new stake in Emerging Markets Equity Active ETF stock. Baird Financial Group Inc. bought a new stake in Emerging Markets Equity Active ETF (NASDAQ:REMG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 125,861 shares of the company’s stock, valued at approximately $3,252,000. Baird Financial Group Inc. owned about 83.91% of Emerging Markets Equity Active ETF as of its most recent SEC filing.

Emerging Markets Equity Active ETF Company Profile

The Emerging Markets Equity Active ETF (REMG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that employs a multi-manager, multi-style investment approach, investing in companies of various market capitalizations from emerging market countries.