Wellington Management Group LLP Decreases Stock Holdings in VanEck Vietnam ETF (BATS:VNM)

Wellington Management Group LLP reduced its holdings in VanEck Vietnam ETF (BATS:VNM) by 12.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 340,528 shares of the company’s stock after selling 48,483 shares during the period. Wellington Management Group LLP owned approximately 0.84% of VanEck Vietnam ETF worth $3,909,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Bcwm LLC bought a new position in shares of VanEck Vietnam ETF in the 4th quarter valued at about $2,767,000. Raymond James Financial Inc. bought a new stake in shares of VanEck Vietnam ETF in the 4th quarter valued at approximately $1,627,000. JPMorgan Chase & Co. boosted its holdings in shares of VanEck Vietnam ETF by 70.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 226,743 shares of the company’s stock worth $2,898,000 after purchasing an additional 93,842 shares during the period. SBI Securities Co. Ltd. bought a new position in shares of VanEck Vietnam ETF during the 4th quarter valued at approximately $419,000. Finally, Union Bancaire Privee UBP SA purchased a new stake in VanEck Vietnam ETF during the 4th quarter valued at $104,000.

VanEck Vietnam ETF Stock Up 6.3 %

Shares of VNM opened at $11.87 on Friday. VanEck Vietnam ETF has a 52-week low of $10.10 and a 52-week high of $13.41. The company has a market cap of $393.32 million, a PE ratio of 14.44 and a beta of 0.96. The business has a fifty day moving average of $11.93 and a 200 day moving average of $11.86.

VanEck Vietnam ETF 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.