Vontobel Holding Ltd. Trims Stock Position in VanEck VietnamETF (BATS:VNM)

Vontobel Holding Ltd. cut its stake in shares of VanEck VietnamETF (BATS:VNM) by 15.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,796 shares of the company’s stock after selling 5,257 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.07% of VanEck VietnamETF worth $381,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Wiser Advisor Group LLC increased its position in shares of VanEck VietnamETF by 83.7% during the first quarter. Wiser Advisor Group LLC now owns 2,419 shares of the company’s stock worth $34,000 after acquiring an additional 1,102 shares during the period. Nwam LLC increased its holdings 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 buying an additional 2,236 shares during the period. Commonwealth Equity Services LLC increased its holdings 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 buying an additional 2,500 shares during the period. Bcwm LLC increased its holdings in VanEck VietnamETF by 2.0% during the second quarter. Bcwm LLC now owns 233,702 shares of the company’s stock valued at $2,844,000 after buying an additional 4,658 shares during the period. Finally, Simplicity Wealth LLC increased its holdings in VanEck VietnamETF by 3.3% during the second quarter. Simplicity Wealth LLC now owns 150,474 shares of the company’s stock valued at $1,831,000 after buying an additional 4,759 shares during the period.

VanEck VietnamETF Trading Down 0.8 %

Shares of VNM stock opened at $12.12 on Wednesday. The stock has a market capitalization of $493.28 million, a price-to-earnings ratio of 12.08 and a beta of 0.65. The company’s 50-day simple moving average is $12.47 and its 200 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.