Asset Manager Sells 1.2 Million Bond ETF Shares, According to Latest SEC Filing

On May 11, 2026, Bailard, Inc. filed with the SEC to study the merchantability of 1,218,026 shares of iShares iBonds Dec 2026 Term Treasury ETF (NASDAQ:IBTG), an estimated $27.89 cardinal transaction based connected the quarterly mean price.

What happened

According to a SEC filing dated May 11, 2026, Bailard, Inc. sold 1,218,026 shares of iShares iBonds Dec 2026 Term Treasury ETF successful the archetypal quarter. The estimated transaction worth was $27.89 million, based connected the mean stock terms implicit the period. The quarter-end presumption worth declined by $27.80 million, reflecting some trading enactment and marketplace terms movements.

What other to cognize

The fund’s absorption was to trim IBTG, leaving a post-trade involvement adjacent to 0.85% of 13F reportable AUM.

Top 5 holdings aft the filing:

• AAPL: $208.45 cardinal (4.8% of AUM)

• NVDA: $157.04 cardinal (3.6% of AUM)

• MSFT: $155.85 cardinal (3.6% of AUM)

• GOOGL: $154.92 cardinal (3.6% of AUM)

• SPY: $131.03 cardinal (3.0% of AUM)

As of May 8, 2026, IBTG shares were priced astatine $22.87, up 4.1% implicit the past year, but underperformed the S&P 500 by 26.5 percent points.

IBTG’s annualized dividend output was 4.0% arsenic of May 11, 2026.

IBTG was priced astatine $22.87, 0.4% beneath its 52-week precocious arsenic of May 11, 2026.

ETF overview

ETF snapshot

• Investment strategy focuses connected tracking the show of a portfolio of U.S. Treasury bonds maturing successful December 2026, providing a defined maturity day and targeted vulnerability to authorities securities.

• The fund's underlying holdings dwell exclusively of U.S. Treasury securities with maturities aligned to the fund's termination date, resulting successful a high-quality, low-credit-risk portfolio.

• Operates arsenic an exchange-traded money with a transparent operation and a fixed maturity, offering investors a predictable income watercourse and main instrumentality astatine maturity, taxable to involvement complaint hazard and marketplace fluctuations.

The iShares iBonds Dec 2026 Term Treasury ETF offers organization and idiosyncratic investors targeted vulnerability to U.S. Treasury bonds with a specified maturity date. The fund's defined-term operation provides a blend of income procreation and superior preservation, appealing to those seeking predictable currency flows and minimal recognition risk. Its competitory vantage lies successful its transparent portfolio, debased disbursal structure, and alignment with liability-driven concern strategies.

What this transaction means for investors

Bailard, Inc., a California-based plus absorption firm, precocious disclosed the merchantability of astir 1.2 cardinal shares of The iShares iBonds Dec 2026 Term Treasury ETF (IBTG), valued astatine astir $27.9 cardinal during the archetypal 4th (the 3 months ending connected March 31, 2026). Here are immoderate cardinal takeaways for investors.