HighTower Advisors LLC trimmed its holdings in shares of VanEck Vietnam ETF (BATS:VNM – Free Report) by 34.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 12,485 shares of the company’s stock after selling 6,522 shares during the period. HighTower Advisors LLC’s holdings in VanEck Vietnam ETF were worth $156,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in VNM. Bank of America Corp DE lifted its holdings in shares of VanEck Vietnam ETF by 15.7% during the fourth quarter. Bank of America Corp DE now owns 800,607 shares of the company’s stock valued at $9,191,000 after purchasing an additional 108,428 shares during the last quarter. Cresset Asset Management LLC raised its holdings in VanEck Vietnam ETF by 60.7% in the 4th quarter. Cresset Asset Management LLC now owns 27,000 shares of the company’s stock worth $310,000 after acquiring an additional 10,200 shares during the last quarter. D. E. Shaw & Co. Inc. purchased a new position in VanEck Vietnam ETF in the 4th quarter worth approximately $263,000. Castlekeep Investment Advisors LLC purchased a new position in VanEck Vietnam ETF in the 4th quarter worth approximately $121,000. Finally, Robertson Stephens Wealth Management LLC purchased a new position in VanEck Vietnam ETF in the 1st quarter worth approximately $4,670,000.
VanEck Vietnam ETF Stock Up 65.0%
Shares of BATS VNM opened at $18.42 on Friday. VanEck Vietnam ETF has a twelve month low of $10.10 and a twelve month high of $16.05. The firm has a market cap of $569.09 million, a P/E ratio of 15.31 and a beta of 0.91. The company has a 50 day moving average of $16.34 and a 200 day moving average of $13.81.
About VanEck Vietnam ETF
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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