Mercer Global Advisors Inc. ADV Purchases New Position in VanEck VietnamETF (BATS:VNM)

Mercer Global Advisors Inc. ADV purchased a new stake in shares of VanEck VietnamETF (BATS:VNM – Get Rating) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 30,307 shares of the company’s stock, valued at approximately $359,000.

A number of other institutional investors also recently modified their holdings of the business. Commonwealth Equity Services LLC lifted its stake in shares of VanEck VietnamETF by 14.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 16,984 shares of the company’s stock valued at $201,000 after buying an additional 2,137 shares in the last quarter. Banque Pictet & Cie SA lifted its stake in VanEck VietnamETF by 6.9% in the 4th quarter. Banque Pictet & Cie SA now owns 38,122 shares of the company’s stock worth $451,000 after purchasing an additional 2,458 shares in the last quarter. LPL Financial LLC lifted its stake in VanEck VietnamETF by 7.4% in the 4th quarter. LPL Financial LLC now owns 36,753 shares of the company’s stock worth $435,000 after purchasing an additional 2,538 shares in the last quarter. Telos Capital Management Inc. lifted its stake in VanEck VietnamETF by 13.8% in the 4th quarter. Telos Capital Management Inc. now owns 29,342 shares of the company’s stock worth $347,000 after purchasing an additional 3,562 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in VanEck VietnamETF by 1,936.3% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 6,170 shares of the company’s stock worth $73,000 after purchasing an additional 5,867 shares in the last quarter.

VanEck VietnamETF Stock Down 0.9 %

BATS VNM opened at $12.34 on Wednesday. The stock has a market cap of $502.24 million, a PE ratio of 12.05 and a beta of 0.95. The business has a 50-day moving average price of $12.10 and a 200 day moving average price of $12.07.

VanEck VietnamETF Profile

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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.