Synovus Financial Corp Acquires New Holdings in VanEck Vectors Vietnam ETF (NYSEARCA:VNM)

13-Jun-2018 Intellasia | Week Herald | 6:02 AM Print This Post

Synovus Financial Corp acquired a new stake in VanEck Vectors Vietnam ETF (NYSEARCA:VNM) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,775 shares of the company’s stock, valued at approximately $152,000.

Several other hedge funds have also recently added to or reduced their stakes in VNM. Wells Fargo & Company MN raised its holdings in VanEck Vectors Vietnam ETF by 28.5 percent in the fourth quarter. Wells Fargo & Company MN now owns 15,539 shares of the company’s stock worth $278,000 after purchasing an additional 3,448 shares in the last quarter. SG Americas Securities LLC bought a new position in VanEck Vectors Vietnam ETF in the first quarter worth about $159,000. Earnest Partners LLC bought a new position in VanEck Vectors Vietnam ETF in the fourth quarter worth about $160,000. First Allied Advisory Services Inc. bought a new position in VanEck Vectors Vietnam ETF in the fourth quarter worth about $173,000. Finally, Commerzbank Aktiengesellschaft FI raised its holdings in VanEck Vectors Vietnam ETF by 15.0 percent in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 88,441 shares of the company’s stock worth $1,581,000 after purchasing an additional 11,531 shares in the last quarter.

Shares of VanEck Vectors Vietnam ETF traded down $0.01, hitting $17.48, during mid-day trading on Monday, according to Marketbeat. 119,152 shares of the company traded hands, compared to its average volume of 414,239. VanEck Vectors Vietnam ETF has a 1-year low of $14.03 and a 1-year high of $20.50.

About VanEck Vectors Vietnam ETF

Market Vectors Vietnam ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Vietnam Index (the Index). The Market Vectors Vietnam Index is a rules-based, modified capitalisation-weighted, float-adjusted index intended to give investors exposure to Vietnam.

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Category: Stocks, Vietnam

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