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Bailard Inc. Divests 1.2 Million Shares of iShares IBTG ETF

Bailard Inc. significantly reduced its holdings in the iShares iBonds Dec 2026 Term Treasury ETF (IBTG) by selling 1,218,026 shares, valued at approximately $27.89 million, during the first quarter of 2026. This divestment aims to decrease exposure to IBTG, with the remaining stake representing only 0.85% of the firm's 13F reportable AUM. Despite this, Bailard maintains substantial positions in tech giants like Apple and NVIDIA, while IBTG itself has seen a 4.1% increase over the past year but underperformed the S&P 500.

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