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

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) shares reached a new 52-week high on Monday . The company traded as high as $29.41 and last traded at $29.31, with a volume of 26567 shares trading hands. The stock had previously closed at $29.11.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Trading Down 0.0%

The stock has a 50 day simple moving average of $28.03 and a 200-day simple moving average of $26.49. The firm has a market cap of $2.13 billion, a PE ratio of 14.45 and a beta of 0.69.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. ETF Portfolio Partners Inc. bought a new position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the 1st quarter valued at about $7,207,000. Flow Traders U.S. LLC bought a new position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the 1st quarter valued at approximately $2,433,000. Cullen Capital Management LLC purchased a new position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF in the fourth quarter valued at $2,047,000. JPMorgan Chase & Co. grew its holdings in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 23.4% in the fourth quarter. JPMorgan Chase & Co. now owns 147,959 shares of the company’s stock valued at $3,594,000 after purchasing an additional 28,021 shares in the last quarter. Finally, Colonial Trust Co SC purchased a new stake in Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the fourth quarter valued at $200,000.

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.