Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Sets New 52-Week High – Here’s Why

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $33.34 and last traded at $33.28, with a volume of 120688 shares changing hands. The stock had previously closed at $33.21.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Price Performance

The firm has a 50 day simple moving average of $31.24 and a 200-day simple moving average of $30.24. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 13.71 and a beta of 0.67.

Hedge Funds Weigh In On Xtrackers MSCI EAFE High Dividend Yield Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of HDEF. Farther Finance Advisors LLC lifted its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 31.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,514 shares of the company’s stock worth $45,000 after buying an additional 361 shares in the last quarter. Lodestone Wealth Management LLC acquired a new position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the 4th quarter valued at $165,000. Private Trust Co. NA boosted its stake in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 7.8% in the second quarter. Private Trust Co. NA now owns 5,745 shares of the company’s stock valued at $166,000 after acquiring an additional 414 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 16.7% in the 2nd quarter. Captrust Financial Advisors now owns 48,997 shares of the company’s stock valued at $1,414,000 after purchasing an additional 7,000 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 32.9% during the second quarter. JPMorgan Chase & Co. now owns 160,674 shares of the company’s stock worth $4,637,000 after acquiring an additional 39,735 shares during the last quarter.

About Xtrackers MSCI EAFE High Dividend Yield Equity ETF

The Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) is an exchange-traded fund that is based on the MSCI EAFE High Dividend Yield index. The fund tracks a cap-weighted index of developed country stocks, ex-North America, selected by quality and dividend factors. HDEF was launched on Aug 12, 2015 and is managed by Xtrackers.