Baird Financial Group Inc. Grows Position in Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF)

Baird Financial Group Inc. grew its stake in Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) by 1.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 557,928 shares of the exchange traded fund’s stock after buying an additional 8,970 shares during the period. Baird Financial Group Inc.’s holdings in Xtrackers MSCI EAFE Hedged Equity ETF were worth $23,098,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DBEF. Burkett Financial Services LLC lifted its position in Xtrackers MSCI EAFE Hedged Equity ETF by 1.8% during the 4th quarter. Burkett Financial Services LLC now owns 474,828 shares of the exchange traded fund’s stock worth $19,658,000 after acquiring an additional 8,608 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 26.0% during the fourth quarter. AdvisorNet Financial Inc now owns 4,897 shares of the exchange traded fund’s stock worth $203,000 after purchasing an additional 1,010 shares during the period. Bartlett & CO. Wealth Management LLC purchased a new stake in Xtrackers MSCI EAFE Hedged Equity ETF in the fourth quarter valued at approximately $476,000. Sierra Ocean LLC acquired a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the 4th quarter worth approximately $452,000. Finally, Hilltop Partners LLC raised its position in Xtrackers MSCI EAFE Hedged Equity ETF by 2.2% during the 4th quarter. Hilltop Partners LLC now owns 474,220 shares of the exchange traded fund’s stock worth $19,633,000 after buying an additional 10,242 shares during the last quarter.

Xtrackers MSCI EAFE Hedged Equity ETF Price Performance

DBEF stock opened at $43.79 on Tuesday. The firm’s fifty day simple moving average is $42.61 and its 200-day simple moving average is $42.44. Xtrackers MSCI EAFE Hedged Equity ETF has a 12 month low of $37.39 and a 12 month high of $44.96. The company has a market capitalization of $7.80 billion, a P/E ratio of 15.21 and a beta of 0.65.

Xtrackers MSCI EAFE Hedged Equity ETF Company Profile

The Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market equities excluding North America. It is hedged for currency exposure from a USD point of view. DBEF was launched on Jun 9, 2011 and is managed by Xtrackers.