Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Shares Down 1% – Here’s Why

Shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) were down 1% during mid-day trading on Monday. The company traded as low as $33.45 and last traded at $33.45. Approximately 258,957 shares were traded during mid-day trading, an increase of 48% from the average session volume of 174,943 shares. The stock had previously closed at $33.79.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Trading Down 0.1%

The company has a market cap of $2.33 billion, a PE ratio of 13.71 and a beta of 0.54. The firm has a 50 day moving average of $33.44 and a two-hundred day moving average of $33.07.

Hedge Funds Weigh In On Xtrackers MSCI EAFE High Dividend Yield Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 12.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 382,043 shares of the company’s stock worth $12,382,000 after acquiring an additional 43,280 shares during the last quarter. White Pine Investment CO increased its holdings in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 0.3% in the 3rd quarter. White Pine Investment CO now owns 246,104 shares of the company’s stock valued at $7,961,000 after acquiring an additional 676 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 6.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 33,918 shares of the company’s stock worth $1,097,000 after buying an additional 2,043 shares during the last quarter.

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.