Vontobel Holding Ltd. reduced its stake in shares of VanEck VietnamETF (BATS:VNM – Free Report) by 15.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 29,796 shares of the company’s stock after selling 5,257 shares during the quarter. Vontobel Holding Ltd.’s holdings in VanEck VietnamETF were worth $381,000 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 the stock. Wiser Advisor Group LLC lifted its position in VanEck VietnamETF by 83.7% during the first quarter. Wiser Advisor Group LLC now owns 2,419 shares of the company’s stock valued at $34,000 after purchasing an additional 1,102 shares during the period. Nwam LLC lifted its position in VanEck VietnamETF by 14.4% during the first quarter. Nwam LLC now owns 17,756 shares of the company’s stock valued at $247,000 after purchasing an additional 2,236 shares during the period. Commonwealth Equity Services LLC lifted its position in VanEck VietnamETF by 13.1% during the second quarter. Commonwealth Equity Services LLC now owns 21,559 shares of the company’s stock valued at $262,000 after purchasing an additional 2,500 shares during the period. Price T Rowe Associates Inc. MD acquired a new position in VanEck VietnamETF during the first quarter valued at $302,000. Finally, Csenge Advisory Group acquired a new position in VanEck VietnamETF during the first quarter valued at $374,000.
VanEck VietnamETF Stock Down 0.8 %
BATS VNM opened at $12.12 on Wednesday. The firm has a market capitalization of $493.28 million, a P/E ratio of 12.08 and a beta of 0.65. The firm’s 50-day simple moving average is $12.47 and its two-hundred day simple moving average is $12.44.
VanEck VietnamETF Company Profile
The VanEck Vietnam ETF (VNM) is an exchange-traded fund that is based on the MVIS Vietnam index, a market-cap-weighted index of Vietnamese stocks VNM was launched on Aug 14, 2009 and is managed by VanEck.
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Want to see what other hedge funds are holding VNM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck VietnamETF (BATS:VNM – Free Report).
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