Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Sees Large Volume Increase – Time to Buy?

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) shares saw unusually-high trading volume on Tuesday . Approximately 639,550 shares were traded during mid-day trading, an increase of 242% from the previous session’s volume of 186,910 shares.The stock last traded at $33.12 and had previously closed at $33.12.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Price Performance

The stock’s 50-day moving average price is $32.68 and its 200 day moving average price is $31.93. The firm has a market cap of $2.31 billion, a P/E ratio of 13.71 and a beta of 0.56.

Institutional Investors Weigh In On Xtrackers MSCI EAFE High Dividend Yield Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in HDEF. JPMorgan Chase & Co. boosted its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 32.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 160,674 shares of the company’s stock worth $4,637,000 after buying an additional 39,735 shares during the last quarter. Captrust Financial Advisors grew its holdings 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 acquiring an additional 7,000 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the fourth quarter valued at about $165,000. ETF Portfolio Partners Inc. raised its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 2.6% during the fourth quarter. ETF Portfolio Partners Inc. now owns 295,184 shares of the company’s stock worth $9,148,000 after acquiring an additional 7,506 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 2,672.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 338,763 shares of the company’s stock worth $10,498,000 after acquiring an additional 326,543 shares in the last quarter.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Company Profile

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.