Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Reaches New 52-Week High – Still a Buy?

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $31.21 and last traded at $30.85, with a volume of 108012 shares trading hands. The stock had previously closed at $30.99.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Trading Down 1.3%

The firm has a 50 day simple moving average of $30.39 and a two-hundred day simple moving average of $29.73. The company has a market capitalization of $2.21 billion, a PE ratio of 13.71 and a beta of 0.67.

Hedge Funds 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. ETF Portfolio Partners Inc. boosted its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 6.4% in the second quarter. ETF Portfolio Partners Inc. now owns 282,654 shares of the company’s stock valued at $8,157,000 after buying an additional 17,113 shares in the last quarter. Private Trust Co. NA raised its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 7.8% during the second quarter. Private Trust Co. NA now owns 5,745 shares of the company’s stock worth $166,000 after purchasing an additional 414 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in 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 purchasing an additional 39,735 shares during the last quarter. Flow Traders U.S. LLC boosted its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 90.6% during the second quarter. Flow Traders U.S. LLC now owns 170,880 shares of the company’s stock worth $4,932,000 after purchasing an additional 81,237 shares in the last quarter. Finally, Captrust Financial Advisors grew its holdings in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 16.7% in 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 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.