Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Hits New 12-Month High – Still a Buy?

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $27.28 and last traded at $27.25, with a volume of 19175 shares traded. The stock had previously closed at $27.11.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Trading Up 0.1 %

The stock has a market cap of $1.81 billion, a PE ratio of 13.03 and a beta of 0.79. The business has a 50-day moving average price of $25.35 and a 200-day moving average price of $25.61.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 11.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 119,938 shares of the company’s stock worth $3,225,000 after acquiring an additional 12,340 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the 4th quarter worth $28,000. Cullen Capital Management LLC acquired a new stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the 4th quarter worth $2,047,000. Captrust Financial Advisors increased its position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 10.8% during the 4th quarter. Captrust Financial Advisors now owns 44,736 shares of the company’s stock worth $1,087,000 after purchasing an additional 4,349 shares during the last quarter. Finally, Colonial Trust Co SC acquired a new stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the 4th quarter worth about $200,000.

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.