Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) Sees Unusually-High Trading Volume – Here’s Why

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) shares saw strong trading volume on Thursday . 803,888 shares changed hands during mid-day trading, an increase of 275% from the previous session’s volume of 214,570 shares.The stock last traded at $32.08 and had previously closed at $32.33.

Xtrackers MSCI EAFE High Dividend Yield Equity ETF Trading Down 0.8%

The stock’s 50-day moving average is $32.35 and its 200-day moving average is $30.83. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 13.71 and a beta of 0.67.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 31.3% in the third quarter. Farther Finance Advisors LLC now owns 1,514 shares of the company’s stock valued at $45,000 after buying an additional 361 shares in the last quarter. ETF Portfolio Partners Inc. grew its position in Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 1.8% in the third quarter. ETF Portfolio Partners Inc. now owns 287,678 shares of the company’s stock valued at $8,463,000 after acquiring an additional 5,024 shares in the last quarter. Lodestone Wealth Management LLC purchased a new stake in Xtrackers MSCI EAFE High Dividend Yield Equity ETF during the 4th quarter worth $165,000. 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 worth $1,414,000 after acquiring an additional 7,000 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Xtrackers MSCI EAFE High Dividend Yield Equity ETF by 32.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 160,674 shares of the company’s stock valued at $4,637,000 after purchasing an additional 39,735 shares in 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.