Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Shares Down 1.7% – Here’s Why

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) shares traded down 1.7% during mid-day trading on Tuesday . The company traded as low as $32.76 and last traded at $32.76. 235,076 shares were traded during trading, an increase of 17% from the average session volume of 201,398 shares. The stock had previously closed at $33.34.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Stock Up 0.0%

The firm has a market capitalization of $2.29 billion, a P/E ratio of 13.71 and a beta of 0.59. The business has a 50-day moving average price of $32.80 and a 200-day moving average price of $31.44.

Institutional Trading of Xtrackers MSCI EAFE High Dividend Yield Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of HDEF. Janney Montgomery Scott LLC increased its position in shares of 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 valued at $10,498,000 after purchasing an additional 326,543 shares during the period. JPMorgan Chase & Co. increased its position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 52.9% during the third quarter. JPMorgan Chase & Co. now owns 245,734 shares of the company’s stock valued at $7,230,000 after purchasing an additional 85,060 shares during the period. ETF Portfolio Partners Inc. increased its position in shares of 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 valued at $9,148,000 after purchasing an additional 7,506 shares during the period. Captrust Financial Advisors increased its position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 16.7% during the second 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, Lodestone Wealth Management LLC bought a new stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the fourth quarter valued at approximately $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.