Nwam LLC Acquires New Shares in VanEck VietnamETF (BATS:VNM)

Nwam LLC acquired a new position in VanEck VietnamETF (BATS:VNM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,771 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds have also recently bought and sold shares of the business. Quadrature Capital Ltd bought a new stake in shares of VanEck VietnamETF during the 1st quarter worth about $842,000. Price T Rowe Associates Inc. MD bought a new stake in VanEck VietnamETF during the first quarter worth approximately $302,000. Commonwealth Equity Services LLC grew 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 purchasing an additional 2,500 shares during the last quarter. Raymond James & Associates raised its position in shares of VanEck VietnamETF by 236.5% in the second quarter. Raymond James & Associates now owns 121,419 shares of the company’s stock valued at $1,478,000 after purchasing an additional 85,335 shares during the period. Finally, Banque Cantonale Vaudoise lifted its stake in shares of VanEck VietnamETF by 475.6% in the second quarter. Banque Cantonale Vaudoise now owns 48,077 shares of the company’s stock worth $585,000 after buying an additional 39,725 shares during the last quarter.

VanEck VietnamETF Stock Up 1.1 %

BATS:VNM opened at $11.72 on Tuesday. The firm has a market cap of $477.00 million, a price-to-earnings ratio of 12.08 and a beta of 0.65. The firm has a 50-day moving average price of $12.17 and a two-hundred day moving average price of $12.32.

VanEck VietnamETF 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.