Bcwm LLC Sells 48,345 Shares of VanEck Vietnam ETF $VNM

Bcwm LLC trimmed its holdings in shares of VanEck Vietnam ETF (BATS:VNM) by 18.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 211,810 shares of the company’s stock after selling 48,345 shares during the period. Bcwm LLC owned about 0.69% of VanEck Vietnam ETF worth $3,779,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VNM. Vontobel Holding Ltd. boosted its position in VanEck Vietnam ETF by 3.6% during the third quarter. Vontobel Holding Ltd. now owns 30,004 shares of the company’s stock valued at $535,000 after purchasing an additional 1,041 shares during the last quarter. Amundi raised its stake in shares of VanEck Vietnam ETF by 4.9% during the 1st quarter. Amundi now owns 38,200 shares of the company’s stock worth $435,000 after purchasing an additional 1,800 shares in the last quarter. Gordian Capital Singapore Pte Ltd bought a new stake in shares of VanEck Vietnam ETF during the 3rd quarter worth approximately $36,000. SBI Securities Co. Ltd. boosted its holdings in shares of VanEck Vietnam ETF by 4.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 46,748 shares of the company’s stock valued at $834,000 after buying an additional 2,089 shares during the last quarter. Finally, Marvin & Palmer Associates Inc. grew its stake in shares of VanEck Vietnam ETF by 48.1% in the third quarter. Marvin & Palmer Associates Inc. now owns 8,040 shares of the company’s stock valued at $140,000 after buying an additional 2,610 shares in the last quarter.

VanEck Vietnam ETF Trading Down 0.2%

BATS VNM opened at $16.71 on Friday. The firm has a market capitalization of $516.34 million, a P/E ratio of 15.31 and a beta of 0.91. The firm’s fifty day moving average price is $18.74 and its two-hundred day moving average price is $18.33. VanEck Vietnam ETF has a 1 year low of $10.10 and a 1 year high of $19.85.

VanEck Vietnam ETF 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.