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

Bcwm LLC cut its stake in shares of VanEck Vietnam ETF (BATS:VNM) by 18.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,810 shares of the company’s stock after selling 48,345 shares during the period. Bcwm LLC’s holdings in VanEck Vietnam ETF were worth $3,779,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Comerica Bank increased its stake in shares of VanEck Vietnam ETF by 375.4% during the first quarter. Comerica Bank now owns 6,342 shares of the company’s stock worth $79,000 after purchasing an additional 5,008 shares during the period. Amundi lifted its holdings in 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 during the last quarter. Marvin & Palmer Associates Inc. bought a new stake in VanEck Vietnam ETF in the 2nd quarter valued at $75,000. JPMorgan Chase & Co. boosted its stake in VanEck Vietnam ETF by 55.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 236,943 shares of the company’s stock valued at $3,258,000 after purchasing an additional 84,991 shares during the period. Finally, Natixis grew its holdings in VanEck Vietnam ETF by 51.5% in the 2nd quarter. Natixis now owns 120,745 shares of the company’s stock valued at $1,661,000 after buying an additional 41,053 shares in the last quarter.

VanEck Vietnam ETF Price Performance

Shares of BATS VNM opened at $16.71 on Friday. The firm has a market cap of $516.34 million, a price-to-earnings ratio of 15.31 and a beta of 0.91. The stock’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 one year low of $10.10 and a one 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.