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

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) shares saw unusually-strong trading volume on Thursday . Approximately 279,032 shares were traded during mid-day trading, an increase of 50% from the previous session’s volume of 186,166 shares.The stock last traded at $32.47 and had previously closed at $32.08.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Stock Performance

The company has a 50 day moving average of $32.77 and a 200 day moving average of $32.05. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 13.71 and a beta of 0.55.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HDEF. Janney Montgomery Scott LLC grew its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 2,672.2% during the 4th 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. JPMorgan Chase & Co. grew its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 52.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 245,734 shares of the company’s stock worth $7,230,000 after acquiring an additional 85,060 shares in the last quarter. ETF Portfolio Partners Inc. grew its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 2.6% during the 4th 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. Captrust Financial Advisors grew its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 16.7% during the 2nd quarter. Captrust Financial Advisors now owns 48,997 shares of the company’s stock worth $1,414,000 after acquiring an additional 7,000 shares in the last quarter. Finally, 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.

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.